$BTC Currently, BTC is nearing short-term highs. You can consider setting low-leverage short orders in the 92100-92500 range, with a small stop loss of 2 points. If it continues to break above, there won’t be any resistance levels and you should abandon the short position. The daily chart shows a 5-wave structure; currently, we are in the main upward wave of the third wave. To complete the 5 waves, there must be a pullback of the fourth wave, followed by the continuation of the fifth extended wave. We can wait to enter at 77600.
Bitcoin has many large institutions and big players investing long-term. Looking at the long term, it will definitely rise. Friends who are shorting without a stop loss do not need to choose the hardest assets to short. Bitcoin is always suitable for buying low because it never gets trapped; every bull market breaks new highs. Yesterday, it tested downward twice, and the retracement at 88600 could not break; it hasn't dropped, still in a bullish trend. Today, Bitcoin's 15-minute line directly shows you how to be a man. Friends who shorted not only missed the entire bull market but also got stuck in a tree 😂 Starting to organize key points for the afternoon:
1: Ethereum 3050, 3020 are still the order placement points; defend 3000. Now, we need to pay attention to whether the short-term resistance at 3160 can be effectively broken.
2: The bull market is not over, just adjusting and correcting. Bitcoin at 92000 is still very critical; mainly waiting for the US stock market to open. Personally, I lean towards touching the 93000 position upwards.
3: Support in the 86700 area below. Consider going long if it touches here; resistance at 92000, range-bound oscillation.
4: A giant whale transferred 4.9 million OM to FalconX, valued at about 20.61 million USD, starting to dump. The 4-hour K-line shows signs of selling; cashing out for safety.
5: The rise of uni is closely related to DEXX, which is favorable for the leading UNI, plus front-end trading revenue has exceeded 100 million USD, those seeking stability can consider buying on dips.
BTC: The big cakes from last night can be pocketed in batches, at least 1,000 points have been gained, and those who entered at 89,000 have gained 2,000 points. It is safe to put the money in the pockets, and you can keep the bottom position to look up. Those who entered the market by copycats also made money.
Today's support is around 89,500, and you can consider going long The upper pressure is around 93,000, and you can consider going short. Whether it breaks through 91,600 in the short term is also very important. After all, it has been suppressed for two days over the weekend. If it breaks, it is likely to be around 93,000.
Market Review: Last week, the A-share market fell 112 points, the Nasdaq fell 613 points, spot gold recorded its biggest weekly drop since June 2021, with a 4.58% drop. Bitcoin rose 13.27%, or 10,573 points, and Ethereum fell 3.84%, or 123 points. Technical aspects: BTC: The weekly line closed with a real big positive line again, maintaining the upward trend. The daily line level is in high-level fluctuations, and the technical gap has been repaired. The MA7 daily moving average below has obvious support, and the K line is slowly moving up on the moving average, showing a bullish arrangement as a whole. At the 4-hour line level, the overall high-level box is oscillating, and the pressure at the 91850 line above is obvious. After rushing to this position many times, it has fallen back. The support below is mainly concentrated on the 88000 line, and the important defense line is around 87000 points. In terms of intraday operations, the upper focus is on the pressure of 91500-92500, and the focus is on the support of 88800-87800 below to see a rebound.
Luna's Three Sisters, LUNA LUNC USTC There are reports that Luna will peg to stablecoins on the 21st! Has everyone forgotten about the major crash in the crypto world back in the day? It was precisely because Luna decoupled from the stablecoin that the major crash happened; who knows, the fluctuations in the crypto market can be terrifying!
At that time, you had 1 million yuan in Luna, you took a nap, and when you woke up, you had 700,000. You looked at it and saw it had dropped by thirty percent, a technical adjustment, no big deal. Then you took another nap, and when you looked again, you only had 10,000 left. You saw that Luna had dropped by ninety-nine percent. You thought, it can't possibly drop any further, so you took a loan to buy the dip with 100,000. The next day when you checked, you found you only had enough for breakfast left in your account.
So, it is essential to choose the right track. Still, opt for narratives that are stronger and have potential. Don't lose money in a bull market; in this current trend, if the direction is right, it's like picking up money.
The key point is: Last night, I suggested going long on Bitcoin at 89,000, currently up 1,600 points. Even if you entered at the high of 90,000, you would still be up 600 points. Those with heavy positions can reduce their holdings at the level of #英伟达财报即将公布 #AVAX、ROSE、ADA大额解锁 #Solana涨势分析 .
Someone sent a private message asking about dogs and squirrels. It's simple. Let me tell you about it.
$PNUT PNUT will wait for the heat to pass. If the trading volume can still be maintained at over 100 million, PNUT has unlimited potential in the future. If the future trading volume cannot be guaranteed to exceed 100 million, it will fall. The previous article mentioned it. You can take a look.
DOGE Musk has called for orders several times, and they all came down with a big negative line. The car is too heavy and can't be pulled. Wait and see first. You can take it if the spot price falls back. The contract will not be held overnight. Wait for the opening of the US stock market tomorrow.
Ergou neiro is still relatively weak at present, but the trading volume and market value are very good, and the narrative is strong. It was also mentioned in the previous article. You can refer to it.
I haven't talked about Erbing. Ethereum is too weak now. Don't think it will rise. It's really too weak. Even if it rises, it won't be too high. Be careful of the sickle. I don't think it will rise, but it will not keep up with the big cake.
1: Sol is close to the new high of 260. If it is above 240, you can sell it in batches. Wait until it breaks through the new high of 260 before chasing it.
2: ACT15 analysis shows that the trend is quite strong. The bottom position is 2 layers at 0.61 and 0.58, and the 3rd and 5th layers are added respectively.
3: Punt Squirrel 1.43, 1.25 two positions pending orders, position 5.5, leverage less than 2 times, it is estimated that it can stabilize and have a rebound range
4: Neiro 15 minutes to wait for the second bottom divergence to pick the bottom, strong support is here 194, 175, here are two points of opportunity to intervene directly
5: Currently, the price of cottage stocks fluctuates greatly, otherwise it is rare. Friends who place orders should place an order every time the price drops by 10%, divided into three lots, a total of 30%.