👀👀 BTC trend update! BTC has been sideways continuously around the 90-91 zone throughout Saturday. BTC sideways combined with the decrease in BTC dom (btc.d) has created good conditions for altcoins to fly. Currently, the greed index has reached 90, which is the extreme greed of the market. This is an alarming level for everyone to continuously raise their vigilance with the market at this time. As I said in the previous post, BTC currently has a peak on the daily frame. The remaining thing is to observe whether BTC will create a second peak on the daily frame or not. We need to wait for the daily candle to close to know whether it will or not because the candle is still running. On the 4h frame, BTC is about to change. This change is at least a few k in price. This change is expected to happen next week, everyone, please pay attention. P/s: Spot buys and sells according to BTC's wave, and Ft is indispensable every day -> earns money from scratch. Crypto is my profession, so I'm wholeheartedly devoted to the market.
👀👀Update BTC trend As I commented yesterday afternoon on the community group, after BTC has a decline to the 87k area, it will tend to go back up to the 9x area. And last night BTC approached the price of nearly 92k. Currently, on the daily frame, BTC has a peak. The remaining thing is to observe whether BTC creates a second peak on the daily frame or not. If BTC creates 2 daily frame peaks, you will have to be very careful with BTC as well as the entire market. Because if BTC confirms the 2 daily frame peak model, BTC is likely to have a strong decline. P/s: To get the earliest, fastest and most accurate information updates about the market situation, you can join our community group.
We often use Fundamental Analysis to answer the question What to Buy/Sell? Or Should we buy/sell that product or not? And use Technical Analysis (looking at the chart) to decide to buy/sell at What Price? In addition, fundamental analysis of external macro factors helps you decide WHEN to act. In financial investment, answering the question "When?" is more important than the question "How much?" P/s: In the last wave, I had time to let you guys get on the boat to catch the bottom of the spot when BTC reached the 68-69 zone and reminded you guys to protect your profits (depending on each person's position) when BTC reached the 9x price zone when the entire market was still growing very hot. In investment, the most difficult thing is choosing the time to buy and the time to sell. Success or failure depends on the timing.
Being cautious with the market at this time is very necessary for any investor. P/s: I reminded my group members this morning when the market was still too hot, the community was still full of FOMO spirit.
#MyFirstSquarePost You are new to Binance Square, want to share and connect with everyone here! The market is at an extremely greedy level. This is an alarming level, everyone in the community should gradually learn to be afraid. "Be greedy when others are fearful and be fearful when others are greedy."