What's the next step for BTC?
The weekend market heat wave is coming.
The greed index has surged to a high of 94, reaching a three-year high.
The crypto community is in a state of joy.
Close to the legendary 100,000 mark.
Yesterday it didn't test 100,000.
100,000 is not a pressure target, it's a psychological target.
Once it breaks through the 100,000 mark.
Media news is ready to go, a new wave of buyers is rushing in for the peak.
Short-term view of the BTC chart.
BTC 4-hour chart.
97,000 is the guardian, if it holds, it's stable as an old dog.
If it falls below, be cautious of a correction to around 93,500 on the daily chart.
93,500 was a strong resistance.
Now it is strong support.
Keep your eyes wide open and stay focused [it's best to maintain a sideways price movement].
Re-testing is another opportunity to go long.
ETH momentum is strong, 3180 is the key, if it holds, the party continues.
The target this week is aimed at 3500, which has already been achieved.
If BTC continues to consolidate.
If ETH stands firm at 3200 next week, 3900 is the target for next week.
The short-term price increase of coins is too large, don't get too infatuated.
Patience is required for long-term gems.
Did strong coins get sold off? Crying won't help; opportunities are for those who are prepared.
There is a probability that next week will enter phase two.
The window for profits is quietly opening.
Phase one.
BTC is leading the way, altcoins are still revolving around the moving averages.
Phase two, BTC may correct or consolidate, and ETH and altcoins will take turns to shine.
Chart one shows BTC's dominance declining.
56% support level.
But the 64% level still needs to be pushed through [only if it completely breaks below 55% is it the craziest phase].
Total crypto market cap's small target this week is 3.5 trillion.
Small coins that need to be traded should be traded.
This has already been achieved.
VC coin weekly breakout zone.
Washing and shaking out positions is common; don't panic.
Keep your mindset steady; gains and losses are all part of the learning process, don't let emotions interfere with your positions.
Phase three.
Altcoins are taking off, can you catch them? 🤔
The MEME cycle exists, especially for those with little capital.
MEME phase one, currently correcting and washing out, don't get scared away.
My operations are for reference only.
BTC positions have quietly switched to ETH.
Started last week, don’t mess around with leading coins, mainly hold onto the leading coins in each sector.
There are still opportunities for ETH allocation [pay attention to the position around 3200].
In the mid-term of phase two, focus on holding, do less swing trading, don't chase hotspots, let the sector rotation come slowly.
Blue chips remain inactive long-term.
If you double, remember to enter with zero cost holdings.
Sector rotation, rhythm is key, don't follow the crowd, create a strategy that suits you.
Every trade.
Is a step in growth, mindset + strategy, a dual approach! 🧠
Next, the new phase plan is in place, silent mode activated, patiently waiting, refuse to chase highs and sell lows! 🚫
#加密AK # #Weekend market analysis# #BTCÐ trends#
