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Market analysis: #RATS
RATS was released two weeks ago. At that time, it was said that it was in a box-shaped oscillation. It broke through the box a few days ago and rebounded before reaching the support level near 57 below. The current small pressure level is around 11.
RATS was released two weeks ago. At that time, it was said that it was in a box-shaped oscillation. It broke through the box a few days ago and rebounded before reaching the support level near 57 below. The current small pressure level is around 11.
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Market analysis: #BTC $BTC
Currently, it has reached the daily level long-short dividing line. If it falls below the dividing line, it will have to find support at the starting point near 52,300.
But I personally tend not to fall below it. After all, the ETF's position is only around 57,000-58,000. If it really falls below it, it will be a big waterfall, triggering panic selling.
Currently, it has reached the daily level long-short dividing line. If it falls below the dividing line, it will have to find support at the starting point near 52,300.
But I personally tend not to fall below it. After all, the ETF's position is only around 57,000-58,000. If it really falls below it, it will be a big waterfall, triggering panic selling.
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Give everyone some confidence and boost their blood:
Currently, the daily RSI is already in an oversold state, and the current value is 27. Looking back over the past two and a half years, there have been three cases of oversold daily lines:
The first time: At the end of 2022, the FTX crash caused the price to fall to 15,500, then rebounded to 18,000, and then slowly fell.
The second time: In March 2023, the US banking crisis caused the price to fall to 19,500, the daily line was oversold, and then rebounded to 30,000.
The third time: In August 2023, the price fell from 31,000 to a minimum of 25,000. This oversold was the most serious. After that, starting in October, Bitcoin rebounded rapidly and ushered in a big rise.
The reason I tell you all this is to help you maintain a stable mentality. Don't let your mentality collapse first because the price hasn't collapsed yet. If your spot position is not full, pay attention to the spot! Now 61,000 can be full, and there is no need to pursue the so-called lowest point. The contract should also pay attention to the risk of a second exploration. It cannot be said that there will be a second exploration, but judging from the historical trend, there will be a second exploration. Therefore, contract players should not rush to enter the market at present, and wait until it stabilizes before entering!
$BTC $ETH
Currently, the daily RSI is already in an oversold state, and the current value is 27. Looking back over the past two and a half years, there have been three cases of oversold daily lines:
The first time: At the end of 2022, the FTX crash caused the price to fall to 15,500, then rebounded to 18,000, and then slowly fell.
The second time: In March 2023, the US banking crisis caused the price to fall to 19,500, the daily line was oversold, and then rebounded to 30,000.
The third time: In August 2023, the price fell from 31,000 to a minimum of 25,000. This oversold was the most serious. After that, starting in October, Bitcoin rebounded rapidly and ushered in a big rise.
The reason I tell you all this is to help you maintain a stable mentality. Don't let your mentality collapse first because the price hasn't collapsed yet. If your spot position is not full, pay attention to the spot! Now 61,000 can be full, and there is no need to pursue the so-called lowest point. The contract should also pay attention to the risk of a second exploration. It cannot be said that there will be a second exploration, but judging from the historical trend, there will be a second exploration. Therefore, contract players should not rush to enter the market at present, and wait until it stabilizes before entering!
$BTC $ETH
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Why don't the mainland take the initiative to build a fully compliant virtual currency exchange?
1. The mainland likes a one-size-fits-all approach;
2. The top leaders were fooled and castrated themselves;
3. Now that it has recovered a little, an opening has been made in Hong Kong, but it is a little late;
4. Most people in the mainland have a binary mindset, and they will go all-in when the market goes up, and hang themselves and hang banners when the market goes down. A one-size-fits-all approach has more benefits than disadvantages;
5. Finally, the gap in the hope is completely closed, and the opening in Hong Kong is completely opened, so that those who want to play, have a certain tolerance, and have a certain intelligence can have a good time!
1. The mainland likes a one-size-fits-all approach;
2. The top leaders were fooled and castrated themselves;
3. Now that it has recovered a little, an opening has been made in Hong Kong, but it is a little late;
4. Most people in the mainland have a binary mindset, and they will go all-in when the market goes up, and hang themselves and hang banners when the market goes down. A one-size-fits-all approach has more benefits than disadvantages;
5. Finally, the gap in the hope is completely closed, and the opening in Hong Kong is completely opened, so that those who want to play, have a certain tolerance, and have a certain intelligence can have a good time!
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You should all know this Bitcoin miner indicator. I talked to others about it several times in August last year, reminding everyone that it would rise sharply. Later, it rose from 25,000 to 73,000. This indicator has a very high accuracy rate. It has only been missed once in the past few years, that is, the FTX explosion in 2022. After all, it was an emergency. A global top three exchange disappeared in two days. So in fact, it can be said that it is basically 100% accurate. The buy green label is currently being prepared. I will tell you in time when the buy appears later. At present, it looks fast.
$BTC
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hello guys 🤠
let's analyse BTC
technical analysis. Short term, Aug 2, 2024
Bitcoin has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The currency is testing support at points 64000. This could give a positive reaction, but a downward breakthrough of points 64000 means a negative signal. Volume has previously been low at price tops and high at price bottoms. This weakens the currency. The currency is overall assessed as technically neutral for the short term.
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