Yesterday, the trend of Bitcoin was in line with expectations, climbing steadily to a high of around 97,500. However, affected by the volatility of the U.S. stock market, it then quickly pulled back to the 93,500 area. During the weekend, market fluctuations were relatively mild, and the current price stabilized around 94,500, but it has shown signs of upward movement. The hourly middle track support is around 95,000. If it can effectively break through and maintain stability, it may stand on a new level of 97,000 at the beginning of next week.
Bitcoin can be more than 94,000-93,800, with a target of around 96,000
The daily level Bitcoin (大饼) has rebounded after testing the support level of 92000 for the second time, closing with a bullish candle. It is currently facing resistance after attempting to reach the 99000-100000 range, with the current resistance level at 98000. A breakout would target 99000-100000, while support is at 95000-96000. Ethereum (以太) also rebounded after testing the 3200 level for the second time and attempted to reach the 3500-3550 range yesterday, but faced resistance and fell back. The current resistance level is 3420, with support at 3350. Overall, the market is moving sideways, and the broader direction should be followed after the structure is established.
Looking at the 4-hour level, Bitcoin currently has resistance at 96000 and support at 95000. If it goes down, it will continue to operate in a range until it reaches the bottom at 92000. If it goes up, the bulls will again attempt to challenge the 100000 level. Ethereum currently has resistance at 3420 and support at 3350, and is similarly in a range structure. If it goes down, it will break through to the bottom at 3200, and if it goes up, the bulls will again challenge the 3500 level. It is currently near the support level, and it is recommended to primarily take low long positions until a breakout occurs.
Bitcoin can be bought at 95000-94800, with a target near 98000.
From the daily chart, the price of big cake did not continue to fall after reaching the 92,000 area, but only lightly touched the lower shadow low formed by the previous decline. After the initial decline, the market did not immediately show a strong rebound, but rebounded strongly after a second bottoming out, approaching the 100,000 mark. It is worth noting that this second decline happened just before Christmas Eve. Now that Christmas has passed, the decline has emerged, and the market has tested the bottom several times, and December is also coming to an end. Trump's inauguration on January 20 will undoubtedly stir up the market again. However, considering the current situation, the possibility of a deep correction in the future market has been greatly reduced. Due to recent busy affairs, I have not been able to update the analysis in time, but the line has been arranged when the cross star signal appears near 92, and this strategy can be verified at any time. Even if you join halfway now, you can still reap considerable profits. In the transaction of big cake, the callback is mostly bullish, seize the opportunity, and move forward steadily.
Bitcoin can be between 98000-97800, with a target of around 100000
The current currency price is hovering near the 99,000 mark. As for Ethereum, it came under pressure after climbing to a high of 3547 last night and quickly started a correction. Although the market outlook is accompanied by shocks, the currency price has shown a slow downward trend. The big pie still sits firmly at a high level and maintains a consolidation trend. Adhering to the previous thinking, we are still firmly bullish. From a morphological analysis, the current retracement is by no means a reversal signal. The support of 97500 is strong, and the probability of downside in the short term is small. The macro level also shows that the time for a correction is not yet mature and the power of bulls is still significant. Therefore, we will continue to participate in the market with a low long strategy on Thursday morning.
The pie can be over 98,300-98,000, with a target around 100,000
Bai Pan has been fluctuating for a day, and we have been suggesting a do strategy since the morning, while also laying out long positions near 98000. The market also provided an opportunity in the evening, reaching a high of around 99300, and our long positions gained nearly 1100 points of space #币安Alpha公布第6批项目 #“圣诞老人行情”再现 #灰度提交Horizen信托文件
In the 4-hour chart, the Bollinger Bands are showing a strong upward trend, with bullish momentum gradually accumulating. The candlestick movement is as I expected, forming a pullback near EMA220. The support below is solid, with EMA30 and the middle band forming a strong defense line, while the 3400 support level appears particularly robust. At the same time, the upper area still requires close attention to the impact of EMA120, specifically the breakthrough potential at the 3600 mark. In the MACD indicator, although the volume above the 0 axis has decreased, when observed in conjunction with the hourly chart, if the intraday pullback progresses slowly, the convergence of the fast and slow lines will be relatively weak. This trend might persist until the evening, but afterward, the market is expected to usher in a new round of upward momentum, which is exciting to anticipate!
Bitcoin can be bought at 97900-97500, with a target near 100000.
Bitcoin is currently showing a stable sideways pattern in the 94K range, with its adjustment cycle quietly extending. Affected by hawkish interest rate cut expectations and the emergence of arbitrage selling, Bitcoin maintains a downward adjustment trend. Currently, it is in a key resistance area after a double bottom pattern, and may continue to fluctuate within the box range before a trend reversal dawns. Once it successfully breaks through 95K and establishes a trend breakthrough, it can wait for a pullback range to look for suitable entry opportunities.
Bitcoin can be shorted in the 94800-95300 range, with a target near 93000.
Ethereum can be bought in the 3450-3470 range, with a target near 3300.
The multiple upper shadows at high prices in the four-hour cycle indicate that the main force above is taking profit. The MACD technical indicator is currently in negative territory, and with the DIF and DEA showing downward diffusion of bearish momentum, the overall trend requires external news stimulation to initiate a bullish phase; otherwise, a rebound is unlikely, and the bearish trend may persist for a long time.
The Relative Strength Index (RSI) is currently around 40, very close to being oversold. Everyone can wait for an extremely oversold entry point to position for a long trade and catch a rebound. The trend indicator EMA's price has already broken below EMA7, 30, and 120, with all indicators aligned in a bearish arrangement. Currently, short-term, medium-term, and long-term trends are all bearish. Previously, the strategy was to go long with the trend; now, it's time to shift the mindset and go short with the trend, always following the direction of the trend.
Daily fluctuations of this magnitude naturally mean that while some people profit, others incur losses. I believe many retail investors are currently in a state of confusion. They entered this space with hopes for the cryptocurrency world, only to find that they've wasted time and resources. What they’ve gained is a heap of anxiety. As the end of the year approaches, the fuel in the tank is getting less and less until it hits zero. In fact, the closer we get to this point, the more we need to calm down; anxiety won't alleviate your worries. What you need to consider is to change your mindset, have a complete plan for yourself, and don't always act stubbornly. If you are right, then the outcome shouldn't be like this. Investment is, in itself, an exploration of another unknown field, requiring continuous self-correction. This is also a test of human nature; sometimes, attitude is more important than method. Winning is all about mindset, losing is about temperament, and the excitement of trading lies in the experience.
From the current market structure, since it is a wide fluctuation, the situation becomes very simple. The high short positions have exited, and the next step is to look for low long positions. Here, let's simply analyze: where there is a drop, there will be a rise—it's that simple. In the short term, we are testing the 93000 level, which has not yet broken down. If it effectively breaks down, the bears will inevitably move further down, and we need to pay close attention to 92000. If the bears open up space afterwards, we may directly look for support in the 90000 area. So, moving forward, we will still arrange according to short-term patterns, with support at 93000 and resistance at 98000; a slight rebound will allow us to arrange for short positions to enter! In the evening, we can first look for a small rebound.
Bitcoin can be bought around 92800-92500, targeting near 95000.
Ethereum can be bought around 3270-3260, targeting close to 3400.
Bitcoin daily line dropped from around 97450 to around 94250 yesterday, closing at around 95200. Support is near MA60, and a pullback can be used to go long nearby. Resistance is at MA30, and if broken, we can look towards MA14. MACD shows increasing bearish momentum. On the four-hour chart, support is near 92700, and resistance is around the MA7 moving average. If broken, we can look towards MA200. MACD is stabilizing, with dual lines converging. Short-term support is between 92670-91600 for potential long positions.
Bitcoin can be bought at 94700-94500, with a target near 97000.
From the liquidation heatmap, the market pullback has still liquidated most of the high leverage positions, while the main long positions are near 92,000. The current strong support level is around 94,000, and there are still not enough long positions being liquidated. On the other hand, the short positions have also been affected by the recent bull market surge, with relatively fewer high orders. Liquidating the short positions still requires a rebound to recover to around 100,000. Considering the recent bearish data is about to be fully digested and the situation with Trump coming to power, even if the US central bank cannot hold Bitcoin, it will not significantly affect the price surge. Looking at the hourly chart of the current market, although there is a clear downward trend line, the signals for a downturn have been somewhat blocked. The market has slightly stabilized and rebounded. Although it has not recovered to the previous high, the market is close to touching the strong support at the bottom, and there is not much space below, so the operation should continue to look for a rebound.
Buy Bitcoin in the range of 97,000-96,700, targeting around 99,000.
Buy Ethereum in the range of 3,420-3,400, targeting close to 3,600.
From the 4-hour chart level, Bitcoin is experiencing a pullback after a rally, having precisely touched the key support level of 106000 below, it is once again showing signs of a rebound. In the short term, this support level will become an important observation point; as long as it remains solid, there is no need to overly worry about the possibility of a deep pullback. The upper target is estimated to be around 110000. Meanwhile, Ethereum is currently facing resistance in the range of 4000-4020, but its pullback strength is limited, showing signs of stabilization once it touches the 3900 line. The range of 3850-3900 forms a solid support zone, and as long as this area holds, the subsequent upward momentum remains promising. The current market trend is very strong, and each pullback presents a good opportunity for positioning, indicating there is still room for upward movement in the future. In terms of operational strategy, it is recommended to focus on buying on dips and seize the entry opportunities that each pullback brings.
Buy Bitcoin in the range of 106800-106600, target around 108000.
Buy Ethereum in the range of 3940-3930, target close to 4080.
On Wednesday, Ethereum received a dual boost from yesterday's favorable news and ETF capital inflows, pushing its price to a new high, nearing the 3850 mark. Meanwhile, Bitcoin's movement was not in sync with Ethereum; it briefly climbed to around 96,700 in the morning before facing resistance and falling back, finding support around 95,200. In the afternoon, Bitcoin made several attempts to reclaim the 97,000 high but ultimately failed. Currently, the market has returned to yesterday's fluctuating range. Bitcoin has accumulated a total of 4679 points today, while for Ethereum, we had already reminded everyone in the morning that its market performance was strong and should be approached with a bullish mindset. It has been proven that Ethereum has accumulated 395 points today. The divergence in the performance of Bitcoin and Ethereum today, with the former bearish and the latter bullish, is indeed satisfying. Now, let us delve deeper into the recent market trends.
From the current market dynamics, the price ratio has repeatedly given back the territory reclaimed by the bulls today, and the market has retraced to the range of around 95,000, maintaining a fluctuating pattern. There are no obvious signs of a continued bearish trend, indicating that a fluctuating range may form in the short term. Further analysis of the 4-hour chart shows a reappearance of a reverse V-shape, with the lower support appearing somewhat weak, suggesting that the price ratio may continue to decline. Therefore, our operational strategy for the midnight period can still maintain a short-selling approach to respond to the current market. As for the Ethereum market, after the U.S. stock market opened, its price continued to rise, but despite the strong market, it experienced a weak pullback. The current pullback strength seems insufficient, and the downward momentum for Ethereum may gradually weaken. Thus, for Ethereum's operations, we are more inclined towards a bullish mindset on the pullback.
Bitcoin can short between 95800-96000, targeting around 93500.
Ethereum can short between 3820-3840, targeting around 3650.
We repeated a day's emptiness, and in the evening, it arrived as scheduled, consuming 1400 points of space. Saying it's luck once or twice might be acceptable, but long-term accuracy is enough to prove Lao Chang's strength. As the saying goes, the paths to success are strikingly similar, while the paths to failure are all different. The most important rule and characteristic of the market is its volatility, so it's crucial to follow the right people! #BNB创历史新高 #小非农数据创8月以来最低水平 #小非农数据即将公布
The morning market fluctuated due to the digestion of data from South Korea, with the price of Bitcoin briefly rising to a high of 96,800 before coming under pressure, then pulling back to around 95,200, with a fluctuation range reaching as high as 1,600 points, which is quite rare in recent times. Ethereum steadily rebounded to around 3,710 in the morning session, but the bullish momentum weakened shortly after, causing the price to drop sharply to around 3,630 before stabilizing, only to show signs of recovery again during the afternoon. There were many strategies laid out in the morning, too numerous to detail, but both bulls and bears hold good opportunities, with the key being how to grasp them accurately.
From the current analysis of the market, the daily chart is clearly under pressure and showing a downward trend, while the four-hour chart still has a solid bearish trend. Although there is a slight uptick in bullish momentum in the short term, it has not shaken the overall trend. In the four-hour candlestick chart, the price is hovering between the middle and upper bands, with the Bollinger Bands gradually flattening, indicating that the market has not shown a clear unilateral direction. It is expected that in the short term, the oscillating pattern will remain dominant, but there is a hint of upward momentum within the fluctuations. Recently, the price has frequently tested high levels, showing potential for a breakout; however, based on trading volume, we will maintain a bearish strategy, keeping a mindset of oscillation for short-term operations.
Bitcoin can be shorted in the range of 96,900-97,000, targeting around 95,000.
Ethereum can be shorted in the range of 3,710-3,720, targeting around 3,600.
Last night, the market at Auntie Tai once again staged a thrilling roller coaster trend. In the 4-hour chart, the market briefly pierced the key support level of 3530 like a sword, but quickly stabilized and rebounded at 3502, followed by a series of upward movements, reclaiming lost ground, and entering a phase of consolidation after testing the 3700 area. This false break occurred just around the 60-day moving average, which has formed a solid support line in the short term, making the 3530 line an important benchmark for short-term support. If this support is broken with a solid fall, caution should be exercised to wait for the formation of new support; on the contrary, it would be a good opportunity for positioning. As for the upper side, the short-term focus is primarily on the vicinity of previous highs. If a successful breakthrough occurs, attention should turn to the new resistance level of 3880. For intraday short-term operations, it is advisable to flexibly position around the aforementioned support and resistance zones for precise entry.
Bitcoin can be shorted at 96800-97000, with a target around 95000.
Ethereum can be shorted at 3690-3700, with a target around 3550.
#Layer1公链普涨 #RWA板块普涨 #下一个换谁涨? $BTC $ETH $XRP The evening idea was perfectly fulfilled again. My strategy prediction was accurate again. The market trend during the day was under control. The forward-looking thinking was open and transparent, and I was not afraid of external disturbances. Some people sighed that the market was unpredictable, but I was always convinced that opportunities were there. During the day, we repeatedly emphasized the continuation of the bearish trend, and each prediction was accurately fulfilled. As for the evening strategy, it was clearly pointed out that if the US stock market lost support at the opening, the downward space would point directly to the 935 area, and the actual lowest point of 93605 coincided with the prediction. Today's performance was brilliant. Shipan Cake accumulated 4068 points, and Ethereum also lived up to expectations and pocketed 491 points. Every layout ends with a profit. If you are still hesitating about the direction and the timing of entry, you might as well learn from Lao Chang's layout method.
The current market is clear at a glance. The big cake is deeply trapped in the puzzle of the cross K-line, slightly piercing the defense line of the middle track. In the 4-hour time frame, the price ratio is under heavy pressure from the middle track, while the running channel of the small cycle gradually stabilizes. It is worth noting that after experiencing a second retracement, the price ratio has found a solid foothold above 93,500. However, the large volume of short-selling forces suggests that the price ratio may be at risk of another retracement. Therefore, we will continue to pay attention to the dynamics of the shorts and explore the support force below. For short-term traders, this is a good time to enter the market. However, if the short-term support is difficult to shake and stabilize, it is necessary to carefully consider going long in the range at the right time.
Big cake can be short at 96,000-96,300, with a target near 93,000
Ether can be short at 3580-3590, with a target near 3,500
The price of the currency retreated again, breaking the lower track of the four-hour chart. This downward trend failed to provide sufficient adjustment space for bulls, and the K-line fell accordingly, outlining a clear downward trend. Although the bottom support is still solid, neither the bulls nor the bears have released clear signals. Before the opening of the US stock market, the trading volume may continue to be quiet. In the current market environment, the bulls are obviously insufficient, so we should take the rebound and short as the main strategy, and do not be too greedy for the small profits in front of us, and wait for the market to change. #Layer1公链普涨 #RWA板块普涨 #下一个换谁涨? $BTC $ETH $
After experiencing turbulence over the weekend, the market for secondary wives tested the 3550 level again on Monday, then rebounded and entered a consolidation phase. On the 4-hour chart, after alternating between bullish and bearish candlesticks, it ended with a small bullish candlestick. Looking back to around the 29th of last month, the 3550 level has played the role of support multiple times, successfully leading to rebounds. Therefore, in the short term, this level still holds reference value, and it corresponds with the support near the 60-day moving average, jointly forming a boundary below in the short term. As for the upper side, close attention should be paid to the area of the peak high, which is also where the upper resistance level is located. Short-term traders can flexibly position themselves based on this range.
Bitcoin can be shorted at 96300-96500, targeting around 95000.