#币安Alpha项目公布The market is changing rapidly, and the market of Bitcoin and Ethereum is attracting the attention of countless investors. Today, the price of Bitcoin fell back and confirmed that $103,000 is a strong support level. I expect the price to fall back to this level at the lowest, so I lowered the defense point from $103,000 to $102,800. The current market price is $105,300, and the low-long strategy has achieved a floating profit of 1,300 points (if only the third point is taken, the floating profit will reach 2,300 points). For conservative investors, it is recommended to stop profit partially, such as 20%.
At 11 o'clock tonight, the Federal Reserve will hold an interest rate meeting. The market is looking forward to whether it can bring a breakthrough to Bitcoin. The last rebound was due to the positive CPI data. The situation that altcoins followed Bitcoin's decline but not its rise has lasted for 8 days. Although Bitcoin has set a new high, it has not accelerated its rise. The market may continue this boring trend. If the price drops, you can place an order at the 12-hour middle track of $101,888 and the 1-day Bollinger band middle track of $100,450. It is expected that it will rebound quickly after reaching these points.
At 3 a.m., the Federal Reserve will announce its interest rate decision, and the market expects a 25 basis point rate cut. Ethereum market sentiment is currently close to its lowest level since December 18, 2023, which is generally seen as a bullish signal. After market sentiment hit the bottom, Ethereum subsequently rose 30%. BlackRock hoarded more than 1 million Ethereum, and long-term holders are still increasing their positions. Now is a good time to buy Ethereum on dips.
Here are tonight's highlights:
• Federal Reserve interest rate meeting, pay attention to whether Bitcoin can find a breakthrough.
• Ethereum’s four-hour chart shows a bottoming signal. I am firmly optimistic about its potential for catch-up gains. Bitcoin funds have flowed back to Ethereum.
• Analysts believe now is the time for Ethereum to hit new highs and Bitcoin could be entering “Santa Claus” mode.
• Retail investors are selling Ethereum in panic, while Wall Street is buying it.
• MicroStrategy suspends on-exchange purchases of Bitcoin during the January lock-up period (negative).
• Binance announced the delisting of BLZ, causing the price to drop by 40%. Altcoins are too risky.
• He Yi said that most Meme coins will return to zero, and Binance will put hundreds of hot projects into the Binance Alpha observation area.
Recently, I clearly feel that the market is full of evil winds, and the altcoins are falling instead of rising. Will the future of the cryptocurrency world be a season of altcoins or a taboo of altcoins?
Although Bitcoin is the strongest at present and many people have lost confidence in altcoins, I am still optimistic about the future market. I have always emphasized that you should not invest all your money and leave room for maneuvers (including the suggestion of holding at least 30% of Bitcoin for long-term investment).
Investment requires positions, algorithms and strategies. Once you become addicted to full position investment, the risk of loss will increase. There is also a situation where the currencies I recommend have been making money, but investors who operate other currencies themselves lose money. This is because I don’t recommend many currencies, and many people are addicted to trading and are always looking for new currencies to trade.
It is necessary to review the spot market more often. Spot is a cyclical product. The ideas of spot and contract are completely different. The tiered spot orders are very stable, while the tiered contract orders are prone to liquidation.
Finally, three currencies are mentioned:
• USUAL: The USUAL coin has performed strongly and has been rising all the way, which is worth studying; buy strong and not weak, and you can configure it when there is a pullback.
The other two currencies cannot be mentioned because they are not supported by Binance. Please understand.
Musk-themed puppies, as one of the strongest concepts on the Ethereum chain, are emerging with great potential for future development. They may have the opportunity to become the next phenomenal crypto asset like shib, which is worthy of close attention and in-depth research by investors. #加密市场回调 #币安Alpha项目公布 #超级央行周 #超级央行周 #puppies币