Why is the cryptocurrency market so quiet this year?
There is no other reason, it is simply because buying and selling USDT is always subject to crazy risk control. It is very troublesome to deposit and withdraw money, buy and sell.
Anti-fraud is not only monitored from the App side, but also from Alipay, WeChat, and bank card ports. It seems that virtual currency is completely blocked.
Now virtual currency has been completely mixed with the black and gray industrial chain, and it is impossible to distinguish.
As long as you buy and sell USDT, you will definitely be checked.
Who knows what you buy it for, whether you use it to buy virtual b, or to engage in online gambling, bombing fraud or something else...
The overall market performance is generally in line with previous expectations, remaining in a consolidation range, and the overall trend has not changed. As long as no particularly significant black swan events occur, the market will continue to maintain an upward oscillation trend.
However, the only thing to pay attention to currently is the pinning market; in such a trend environment, the possibility of a surge is relatively greater.
From the market perspective, the current quotation for BTC (Bitcoin) is around $91,800, and for Ethereum (ETH) is around $3,120. Below are several important resistance and support levels within the consolidation range.
For Bitcoin (BTC): $BTC Resistance levels are $92,000, $93,200, and $95,000; Support levels are $91,000, $89,800, and $88,000.
For Ethereum (ETH): $ETH Resistance levels are $3,180, $3,300, and $3,500; Support levels are $3,050, $2,940, and $2,800. Follow the official account: Coin Master Talk, no nonsense talk.
I have emphasized multiple times that for BTC (Bitcoin) contract operations, the strategy should be primarily to buy during pinning.
If you plan to fully devote yourself to the cryptocurrency trading business, then these eight rules must be repeatedly pondered and deeply understood!
1. Comprehensive Consideration of Entry Timing 🌟🌟🌟🌟🌟 When entering the market, do not solely focus on the K-line trends of the cryptocurrencies, especially during short-term operations. It is also necessary to check the 30-minute K-line situation. At the same time, the overall market must be in a stable state and resonate, only then is it suitable to enter. For example, sometimes we see a K-line with a long upper shadow, and at first glance, it seems there is no opportunity. However, unexpectedly, the next day a large bullish candle appears. In fact, if you carefully check the 30-minute K-line, you can find the hidden secrets.
On November 18, BTC price is 91760 (Let's get started!)
I. Overall Trend Analysis
BTC is showing a bullish trend, and has yet to reach a peak, no need to worry. ETH has entered its first correction phase after experiencing a surge, and currently presents an opportunity period. SOL is making up for losses, and DOGE shows signs of a completed adjustment on the 4-hour level. All currencies have an upward trend, and AI coins should also be catching up; overall, they are all expected to rise.
II. BTC Trend Analysis BTC is exhibiting a strong consolidation pattern around the 90000 points. There are market divergences at this price level, and some may be looking for a drop. However, in reality, BTC is choosing to consolidate sideways during this adjustment phase, which is the strongest way to move. Additionally, there is supporting trading volume, and the market is beginning to rotate; this is definitely not a peak.
III. Market Interpretation On the list of rising currencies, there are more coins increasing than decreasing, indicating a healthy market performance. Currently, one should be bullish and look to buy; the upward cycle is still long, and each coin will have its turn. In the future, you will thank me for encouraging you to hold onto coins now.
IV. Operational Suggestions From an operational perspective, coins at a low position can be held while waiting for an increase. For harmonious operations, buying on dips is acting in accordance with the trend. For coins with significant increases, there may be opportunities to take profits during the monitoring process. Pay attention to my homepage for guidance and start your wealth journey!
Short-term resistance is between 93350 - 94590, and short-term support is in the range of 90410 - 89270.
SOL had a brief pullback on the hourly level last night, but it closed above 235 again and then initiated an upward trend on the hourly level.
I reminded everyone last night to pay attention to this 235 resistance level, and after breaking the closing line, it indeed started to rise again.
Currently, the 244 resistance level has also been broken, leaving just one final resistance level at 260.
From a smaller timeframe perspective, pay attention to the support level at 239. If the hourly closing line falls below 239, then a pullback will begin on the smaller timeframe, with lower support levels at 231, 223, and 218.
Green Area: Higher rebound rate or showing sideways trend.
Red Area: Higher likelihood of decline or greater chance of moving sideways.
In the remaining time today, the market is expected to first decline and then rebound, with the bottom likely occurring during the US trading session. If the key price is not broken before the market closes at 8 AM, there is still a chance to create a new high of 936. #AVAX、ROSE、ADA大额解锁 #英伟达财报即将公布
Fortune teller: "You have been in trouble with villains in the past two years."
You: "There are really many villains, you are so awesome!👍🏻"
Analysis master: "Look at the line I drew. If the price doesn't go up, it will fall."
You: "It's true. It fell before it went up. Master is really awesome!👍🏻"
😁In the past, those marketing scammers would first package their personalities very successfully, and then sell boss enterprise courses and boss thinking courses, claiming that as long as you listen to their courses, you can learn to start a business and become a boss easily. Guanzhu public account: Bi Laoyan, no waste of good skirts.
😁Now, the scammers in the currency circle first pretend to be particularly knowledgeable about trading, launch trading teaching courses, and say that buying their courses will easily master trading skills, you can learn to trade by yourself, and even be comparable to top professional traders, and you can easily make a lot of money by trading yourself.
If you want to become a qualified trader, you must keep the following points in mind:
First, heavy long operations will inevitably lead to failure.
When there is a floating profit in the transaction, if you blindly increase the long, it will inevitably lead to failure.
In addition, the following behaviors are also the "dead spots" of trading:
First, blindly following the trend of trading will inevitably lead to failure.
Second, not knowing how to set a stop loss is like walking on the edge of a cliff in trading, and you will definitely die.
Third, frequent trading will put yourself in endless risks and eventually fail.
Fourth, borrowing money to speculate in cryptocurrencies will greatly increase psychological pressure and risks, and is destined to end in failure.
Fifth, emotional operations, letting emotions influence trading decisions, will inevitably suffer heavy losses.
Sixth, ignoring fundamental information is like groping in the dark, and failure is the inevitable result.
Seventh, only pursuing short-term interests and being short-sighted will inevitably fail to survive in the market for a long time.
Eighth, without making an investment plan, trading will become blind and disorderly, and failure is a matter of time.
Ninth, if you do not continue to learn and cannot keep up with the pace of market changes, you will inevitably be eliminated by the market. The name of the museum resident is: Bi Laoyan, don't waste your skirt.
Tenth, if you lack awe for the market and act recklessly, you will inevitably be punished by the market.
In short, to become a qualified trader, you must stick to your principles and maintain rational investment. Only in this way can you move forward steadily in the turbulent market of the currency circle and avoid becoming a "leek" to be harvested.
At present, the price of DATA is around 0.04. At this time, you can consider entering the market in a similar way to lottery positions.
Its first target is set at around 0.05, which means that the increase can reach about 25%;
The second target is 0.0668. If this target can be achieved, the increase will exceed 60%;
The third target is set at above 0.1, and the potential cannot be underestimated.
Judging from the trend of the daily chart, DATA has been in a downward channel for a long time, but it has successfully broken through and entered a strong upward trend.
As a small-cap currency, its circulation is almost fully circulated, and there is no contract trading pair. This series of characteristics shows that its upward potential is extremely considerable.
Previous analysis is partial, and the macro trend analysis still depends on the attitude of BTC. If it continues to go down, we can see BTC around 80000 and ETH around 2800 again in the future [I also hope that you still have funds after reaching this position, this is a very good opportunity to buy at the bottom]
In terms of the market, Bitcoin began to adjust after encountering resistance. This adjustment trend is actually very normal and belongs to the repair market after the accelerated rise.
Yesterday, the adjustment pattern of Bitcoin was acceptable. The overall volume was not large, the supply was not strong, and the 5-day moving average was moving upward.
Therefore, after the short-term adjustment, the possibility of Bitcoin price recovery is relatively large.
From a macro perspective, this is still a relay trend in the rising process, and the trend has not changed. You can continue to hold and wait patiently for the recovery of the rising market.
Bitcoin's short-term strong support is in the range of 80,000-85,000.
ETH and Bitcoin are linked, and its exchange rate has hit a new low. This bottom seems to be still being explored, and the current situation is not very clear.
In terms of altcoins, the leverage ratio of the altcoin market is relatively high in the short term. With the adjustment of Bitcoin, the altcoin market has also generally begun to adjust.
The leading MEME sector has risen too much in the short term and needs to be repaired. There will be a certain degree of wait-and-see sentiment on the capital side in the short term. The official account of the museum is: Bi Laoyan, no waste of good skirts.
When Bitcoin starts to rise again, the market will become active again.
The current market share of Bitcoin is still high, and the cottage season has not yet arrived. Everyone should be patient. Market data shows: the panic greed index is 80.
$BTC : The current price is 87733. From the 4-hour level, it is in a small-level short-side state of callback. When rebounding at a small level today, pay attention to the two pressure positions of 88500 - 89700.
Only when the 4-hour level stands firmly above 89700, this wave of callback will be truly over, and it will continue to move upward.
If it continues to rise, the upper pressure should pay attention to the two points of 91760 - 93400.
If the 4-hour level cannot stand above 89700 today, then all the rises are just small-level rebounds. Once it reaches the pressure level, the price will still fall.
Pay attention to the lower support positions of 86745 - 85160 - 84000.
$ETH : The current price is 3053. When the small level rebounds today, the pressure level should focus on the two points of 3105 - 3165. Only when the 4-hour level stands firmly above 3155, this wave of callback will be considered over, and then it will continue to move upward.
If it continues to move upward, the upper pressure should focus on the two positions of 3201 - 3241.
If the 4-hour level cannot stand above 3155 today, then the price will still fall near the pressure level. Guanzhu Public Account: Bi Laoyan, Mianfei Jiaqun.
Pay attention to the following positions of 3030 - 2998 - 2963 for support below (3030 is extremely critical. If the daily level falls below and there is no way to recover later, the daily level callback will begin).
My dears, how much do you think BTC can rise to in this bull market?
Take a look at today's monthly chart. This chart is really "artistic".
However, it is also estimated according to the inherent laws of financial products -
The curve is flat and stable at the beginning, then the slope begins to increase, and finally it is like a parabola, directly "soaring into the sky".
If you draw this kind of chart several times, you will find that 100,000 US dollars seems a bit too "small", but 400,000 US dollars seems to be too high. It is almost impossible to reach 400,000 US dollars in this round.
Recently, Bitcoin has experienced a pullback, and most currencies have also adjusted accordingly.
From the 4-hour trend, the current K-line of SOL has fallen below MA30, showing a suspended state. Later, it is expected to pull back to MA60, which is the 200 line.
You know, the position of 200 is not simple. It is not only the previous low support level, but also the support level of the MA60 moving average, which has a dual support function.
So, in the short term, SOL should be about to pull back to around 200. After completing this adjustment, it will continue to attack the previous high of 225.
Brothers, there are three major issues to focus on today.
First: The pullback of Bitcoin (BTC) is a positive phenomenon. Only when it enters a sideways phase after the pullback will funds flow to altcoins, and the bull market of altcoins will be expected to start. If the big cake continues to pull up, the sector rotation of altcoins will not be realized.
Second: There is a high probability that a phenomenal meme will appear in the near future. Given that PNUT ACT has already produced a wealth effect, and most people have not yet obtained considerable benefits from it, the desire to make a fortune through memes is becoming more and more fanatical. Therefore, the meme that appears this time is likely to trigger the participation of all people, and its price may soar.
Third: At present, everyone does not favor VC coins because of their large market value and unlocking problems. However, VC coins will inevitably rise sharply in the later period. The development of blockchain is ultimately driven by technology. If only those local dog memes that have no barriers and can be issued by anyone compete with each other every day, the future of the blockchain industry will be unimaginable. The official account of the museum is: Bi Laoyan, don't waste your skirt.
Yesterday, Powell said that the Fed does not need to rush to cut interest rates, but last night the big cake first broke through 93,000, and then fell back. The market clearly showed a trend of explosive pull, which has nothing to do with Powell's remarks.
Gann's prediction for BTC (Bitcoin) on November 14, 2024 is as follows:
Green area: In this area, Bitcoin is more likely to have a higher rebound rate or sideways movement.
Red area: In this area, the probability of Bitcoin falling or moving sideways is relatively high.
For the rest of today, the market is expected to fall first and then rebound, or show a trend of oscillating rebound, and the overall trend is still upward.
923 does not seem to be a critical high point. I think the price of Bitcoin can reach at least 926 or higher. Guanzhu Public Account: Bi Laoyan, Mianfei Jiaqun.
Before the close, there may be a situation like yesterday, that is, there will be a pin pullback first, and then a V-shaped reversal. #超级MEME周期? #BTC冲破9万 #美国CPI公布后降息预期上升
Good afternoon, all the outstanding Nasdaq traders!
Last night, Bitcoin broke through a new high and then fell back, but Ethereum did not keep up with the pace of Bitcoin's rise. Those who advocate altcoins every day don't think about how altcoins can rise if Ethereum has not risen? Is it all about shouting?
In the past two days, the dog coin on the chain has become popular again, and even appeared on a large trading platform. It was crazy to pull the market as soon as it went online, and the early players who bought it on the chain before made a fortune.
However, after this kind of coin is launched, if you are not greedy, you can play with it in the short term, but from a long-term perspective, it is not recommended to participate. You can refer to the meme coins in the first half of the year to see how many have been cut in half now.
Bitcoin missed the opportunity, and the new coin went online and soared. Everyone is spreading stories about who made many times more money in various QQs. Are you envious and anxious?
But you should know that anxiety itself will not make you lose money, but if you blindly and impulsively operate, you will lose money. Don't get too excited. This wave of FOMO can refer to the situation at the end of last year.
Once the money-making effect of altcoins becomes widespread, it will indeed attract more leeks to enter the market, but many of them are short-lived. Can you guarantee that you will be the first one to run away before the crash? Guanzhu Public Account: Bi Laoyan, Mianfei Jiaqun.
I hope that the brothers who have the opportunity to see this article can restrain themselves.
From a long-term perspective, it is still the same sentence: In my eyes, except for Bitcoin, everything else is garbage, and people who hold Bitcoin should not have such emotions as inferiority and anxiety!
1. 90000 is the dividing line between today's market strength and weakness.
If the price is higher than 90,000, it means that the market is strong and will test around 92,000 again;
If the price is lower than 90,000, it means that the market is weak and will seek support around 87,000.
2. The early morning decline caused the market to have supply for the first time in the past few days.
One-hour bullish order block (OB): 91700 - 93100.
One-hour bearish order block (OB): 86000 - 86900.
* Close my homepage and start your journey to wealth!
3. There is a liquidity waiting to be plundered at the low point of 85072, where a pin may appear, that is, the price drops rapidly and then rises rapidly.