Dear Traders and Friends,
Here’s today’s comprehensive market report:
Current Relationship Between the Market and Altcoins
At present, while the overall market has started to rebound, altcoins have been slow to follow this upward momentum. Why? The reason lies in their structural formation. The broader market has already developed a solid weekly and monthly structure, which makes the ongoing recovery a natural progression. However, for altcoins, the weekly structure remains absent, though the monthly structure is intact, signaling that altcoins are still consolidating and preparing for a potential breakout. Once both their weekly and monthly structures align, altcoins are likely to witness a significant surge.
Market Strategy Overview
1. Overall Market Outlook:
Both the general market and Ethereum have successfully built complete structures. After two weeks of volatile price movements, the market has now entered a short-term upward trend. This is part of a mid-term structural formation, but traders should prepare for potential sharp fluctuations ahead.
2. Altcoin Trading Strategy:
During this upward trend, the focus should be on early-stage altcoins that are starting to show structural strength. These altcoins typically exhibit better resilience to price volatility and offer opportunities for spot trading.
While some previously highlighted structural altcoins have temporarily lost their weekly formations, their monthly structures remain strong, which means they still hold potential for reaching initial and secondary profit targets. Additionally, the fifth round of structural altcoins has been identified and will be released once the entry signals become clear.
Trading Reminders for Beginners
Avoid buying newly listed coins or chasing rising prices.
Do not engage in high-risk bottom fishing or leveraged contracts.
Prioritize learning a structured trading system before executing any trades.
Market Structure Analysis
1. Overall Market:
Short-Term Trend: Positive momentum continues. The 4-hour chart indicates a steady rebound, with minimal selling pressure near $112,000–$115,000. Support on daily and weekly charts remains strong, affirming the short-term uptrend.
Weekly Structure: Fully developed.
Monthly Structure: Fully developed.
2. Ethereum Summary:
Ethereum shows a short-term bullish trend, with resistance levels at $4,300, $4,600, and $4,800. The 4-hour price movement indicates a steady upward climb without yet touching its daily rebound line.
Weekly Structure: Complete.
Monthly Structure: Complete.
3. Altcoins Outlook:
Altcoins are currently waiting for new entry signals. Monitoring remains active across 340 altcoins listed on Binance.
Structure Comparison: Yesterday vs. Today
Weekly Formations: Increased from 70/280 (significant growth).
Monthly Formations: Slight rise to 270/290.
Combined Weekly & Monthly Structures: Expanded from 60/150, indicating improved alignment.
Final Notes
For those struggling to build a proper trading system, free mentorship is currently available to 10 individuals. If interested, refer to feedback and testimonials for insights into this assistance.
#Market_Update #MarketExperts #CryptoUsersHit18M #MicroStrategyJoinsNasdaq100
The market is showing steady growth, and preparation is key. Focus on structure, manage risk carefully, and trade with a clear strategy. Short-term rebounds are promising, but opportunities lie in structural altcoins that align for the next major move.