There are still many opportunities for Altcoin, the total 3 warehouses have not yet reached ATH I say it simply like this, why don't the trends pump at the same time, like BRC hasn't pumped yet, Defi hasn't pumped yet, because there isn't a strong enough cash flow yet. In the near future, when traditional funds land in the market, the cash flow will be very strong, you won't be able to buy in time The smart way to play to avoid guessing the trend is to buy 1 top coin for each trend: Rwa #ONDO, AI: #FET, Restaking#Eigenlayer(no tokens yet)... While everyone is engrossed in finding the top 2 to replace the top 1, the top 1 is already increasing rapidly, so for deep corrections, prioritize catching the top 1 trend. As for me, I'm swinging at a certain peak, if it's negative, I'm thinking like this: instead of crying, let's wait to go down to buy again, the market is still quite far from the peak of the cycle, instead of looking at short-term losses, let's focus on Focus on future profits I think buying this one and buying that one is not as important as the investment mindset, which one is better? If your thinking is poor, if you buy the one after x100, you can only manage x3 x4. In a few months, who will complain that this one hasn't flown yet, that one hasn't flown for so long? When it's x5 x10, I'll tag its name on the channel to see if it's for sale 😂
➡️ Today I will not analyze BTC but will analyze the ETH/BTC pair, guys.
➡️ If you check the ETH/BTC chart, you will see that ETH is performing quite poorly compared to BTC. and the upcoming intersection of all three EMA lines 34, 89 and 200 shows that the short-term trend of ETH/BTC price will continue to decrease, at least to the 0.051 area.
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There will be 2 cases: Case 1: BTC price continues to increase to the 48k area and ETH stands still waiting for ETH accumulation Case 2 ETH price will have an adjustment period before Dencun
➡️Daily T-F: BTC closed the standard green candle with not too strong buying pressure, but the second beat created a mondaylow around 42k7 above the candlestick that closed on Sunday, showing that there was buying force to support the price around this area.
➡️H4: BTC is still pointing sideways in the 41k-44k1 area
➡️Total volume of the whole market is touching the horizontal support level of 50-60B, showing that liquidity is weakening because of the big holiday.
➡️BTC still expects to break sideways as planned last week. By closing H4 above 44k1, BTC will test the 46k5-48k range again.
➡️Weekly T-F: closing the green standard candle around 43k8-44k3 shows that the candle has not completely closed the danger zone when RSI frame W is reaching the oversold threshold and there is a high possibility that RSI will find around 69-70➡️Daily T-F: BTC Continuing sideways and creating an adjustment rhythm with not too strong discharge volume shows that this time the demand for goods is not strong enough, especially new cash flow has not yet poured in much from TMC🟠Support for frame D: 43k-43k3🟠Key support 41k-41k5➡️If any D frame candle closes below the 41k area, BTC will switch to a short-term correction, guys.➡️Total3: D frame has created a group of bearish reversal candles and there is an FVG area around it. 460-467, if you want to play a long beat through Tet, consider this area to get in line. This also corresponds to the old peak and the fibonacci zone 0.5-0.618➡️All the orders I called were profitable, including spot and future. I rarely play short waves but focus on longer waves from the narrative.
➡️ Daily T-F: BTC closed the Bullish candle with a long candle body covering all the whiskers of the green candles from last week with strong buying volume and breaking through the resistance area at 43k, showing that the buyers are gradually regaining the upper hand.
➡️ H4 T-F: BTV has broken the 2-peak model and the neckline area as mentioned above and created an increase in the dow and approached the resistance area of the 2 old peaks. . By creating 2 long-legged candles, immediately withdraw the old peak to test the buying force of the sellers + the selling force gradually decreases => I expect BTC to test the 42k6 area again, creating a model of 2 bottoms and go up to the area. 45, further than 47.
Bitcoin parameters reach ATH thanks to BRC20 trend
According to statistics from Glassnode, the BRC20 Inscription trend has contributed from 15% to 30% of total transaction fee revenue for Bitcoin miners this year.
The number of Bitcoin transactions has reached a new peak this year, mainly due to a sudden increase in Ordinals and Inscriptions transactions.
Additionally, out of the total circulating supply of 19,574 million BTC, over 14,900 million (76.1%) are held in individual wallets and have not moved in over 155 days which has increased by 825k BTC this year.
It's true that the people who benefit the most from the BRC-20 trend are still miners, so don't miss out on potential opportunities! $BTC $ETH
➡️The Daily frame closes a bearish spinning top candle with a long candle wick after touching the resistance zone at 43k-43k3, showing that buying pressure has gradually decreased and is being replaced by sellers who want to take profits on BTC before the holidays.
➡️However, before that, BTC created a bullish reversal candle set with a bullish engulfing candle covering the previous red candle body with good buy volume, so at this stage it is still not possible to confirm a complete downtrend.
➡️H4 T-F: BTC is sideways in the price range from 40-43k and BTC Dom is showing signs of going up => if BTC.D continues to increase and breaks the 53.8-54% resistance area, it will be quite difficult for alts