May 25, 2024 ·
Shib to USDT price chart from Binance
Analyst: MoriiLee
Shib daily line maintains an upward trend, with pressure near 0.00002765 and support near 0.00002324. Continue to maintain long trading ideas and remain bullish.
Shib may rise 3000% next! !
The reasons for bullish are as follows:
1. In the second US presidential election in 24 years, Biden opposes cryptocurrency, while Trump supports cryptocurrency. If Trump comes to power, it means that the United States will officially begin to legalize cryptocurrency, starting a hype craze among supporters and the whole people
Fundamentals:
2. The Shib community is about to propose a black hole destruction plan for Shib. The current destruction rate of Shib remains above 300%. Shib's deflation mechanism and the consensus caused by the development of second-layer applications may cause the token to begin to accelerate the bullish upward trend.
May 25, 2024
BTC to USDT price chart from Binance.
Analyst MoriiLee
BTC has a clear reversal at the weekly level, with support formed near the high of 65422. The naked K-line has the structure of a channel that continues to accelerate the bullish rise, and the pressure is near 71804.
Views on BTC fundamentals:
3. The Fed's interest rate cut this year is less than expected. The time is pushed to November. There will be two waves of interest rate cuts at the end of the year. At the same time, BTC has been halved. With the passage of ETFs, retail funds will increase market liquidity. At the same time, BTC prices will also push above the weekly line, which is enough to trigger the market to open a general upward channel trend.
My personal operation idea is to recommend buying 5 times long ETFs in the market, maintaining the leverage ratio of spot positions, and at the same time, small-scale risk-taking. Contracts are not recommended for operation. If you want to operate, the leverage ratio should be maintained at 5~10 times. At the same time, buy on dips. Often before the big market appears, the dog dealer will clear most of the high leverage in the market. So the blogger chooses to buy 5 times long in the market, open positions for profits, and reduce positions for losses. The daily management fee is 0.1%, which is safer than the contract. When the market fluctuates violently, the leverage profit can reach 4,000 times the net value of the purchase. The net value remains unchanged. Even if it is in a loss state, you can add positions at any time to spread the cost.
Personal opinion, this article does not provide any investment advice.
If you need more help, please contact me through this public account, and I can provide operation suggestions and individual stock targets.
