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老王盘币
@fengye2875
人生乃交易，交易通人生，在交易中悟道，公众号：老王盘币
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Dogecoin’s recent gains and legal developments suggest there is potential for continued growth amid market volatility
Dogecoin’s recent gains and legal developments suggest there is potential for continued growth amid market volatility
Dogecoin has seen significant fluctuations in its value, climbing from $0.15 to $0.43 in just a few days. This growth marks a significant milestone as it reaches its highest level so far in 2021. Dogecoin’s performance is noteworthy, especially considering that it surpassed XRP, further establishing its position in the competitive cryptocurrency market.
The recent rally was greatly fueled by a statement from the Ministry of Government Efficiency, which mentioned Dogecoin. This unexpected mention sparked great excitement in the market, driving the token higher. Driven by this enthusiasm, the price of Dogecoin briefly peaked at $0.44 on November 12, 2024, but experienced a correction shortly after.
Dogecoin has seen significant fluctuations in its value, climbing from $0.15 to $0.43 in just a few days. This growth marks a significant milestone as it reaches its highest level so far in 2021. Dogecoin’s performance is noteworthy, especially considering that it surpassed XRP, further establishing its position in the competitive cryptocurrency market.
The recent rally was greatly fueled by a statement from the Ministry of Government Efficiency, which mentioned Dogecoin. This unexpected mention sparked great excitement in the market, driving the token higher. Driven by this enthusiasm, the price of Dogecoin briefly peaked at $0.44 on November 12, 2024, but experienced a correction shortly after.
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XRP surges to $1 for first time since 2021, raising questions about future momentum
Today was a pivotal moment for Ripple as its price broke through $1, breaking through a significant resistance level that had not been breached since November 2021. The coin opened at around $0.85 and surged to the $1 mark after a bullish engulfing candle appeared on the trading chart, which often signals a potential uptrend. This dramatic turnaround has reignited investor optimism.
XRP's current price surge is indicative of a broader recovery trend in the cryptocurrency industry, which is largely influenced by increased interest and demand. Many investors are now keeping a close eye on XRP as its performance could set the tone for other altcoins.
XRP's momentum can largely be attributed to some positive developments in the cryptocurrency space, especially regulatory clarifications that have eased many investors' concerns. Additionally, the recent news cycle of increasing acceptance of cryptocurrencies in the mainstream financial sector has also greatly improved investor sentiment.
It is worth noting that XRP is seen as a bellwether for market health, with the belief that its price action could be indicative of trends for other cryptocurrencies. As of now, many investors are optimistic about the bullish sentiment and trading volume has increased, thus strengthening the momentum of XRP price recovery.
Looking forward, whether this rally can be sustained depends on the maintenance of investor confidence and the continued positive trend of the cryptocurrency market as a whole. The outlook remains cautiously optimistic, but investors should remain vigilant to potential market corrections.
There has been a significant change in investor sentiment, reflecting excitement about the potential for further upside. However, as historical trends often show, market volatility can lead to unpredictable changes, so traders must remain calm and informed.
Breaking through the $1 mark is not only a milestone worth watching for XRP, but also symbolizes a broad recovery in interest in the cryptocurrency market. While the near-term outlook is bright, with increased trading volume and investor enthusiasm, caution is advised as the market stabilizes. Overall, XRP's recent developments provide a positive outlook, marking it as an important player to watch in the evolving landscape of digital currencies$XRP
Today was a pivotal moment for Ripple as its price broke through $1, breaking through a significant resistance level that had not been breached since November 2021. The coin opened at around $0.85 and surged to the $1 mark after a bullish engulfing candle appeared on the trading chart, which often signals a potential uptrend. This dramatic turnaround has reignited investor optimism.
XRP's current price surge is indicative of a broader recovery trend in the cryptocurrency industry, which is largely influenced by increased interest and demand. Many investors are now keeping a close eye on XRP as its performance could set the tone for other altcoins.
XRP's momentum can largely be attributed to some positive developments in the cryptocurrency space, especially regulatory clarifications that have eased many investors' concerns. Additionally, the recent news cycle of increasing acceptance of cryptocurrencies in the mainstream financial sector has also greatly improved investor sentiment.
It is worth noting that XRP is seen as a bellwether for market health, with the belief that its price action could be indicative of trends for other cryptocurrencies. As of now, many investors are optimistic about the bullish sentiment and trading volume has increased, thus strengthening the momentum of XRP price recovery.
Looking forward, whether this rally can be sustained depends on the maintenance of investor confidence and the continued positive trend of the cryptocurrency market as a whole. The outlook remains cautiously optimistic, but investors should remain vigilant to potential market corrections.
There has been a significant change in investor sentiment, reflecting excitement about the potential for further upside. However, as historical trends often show, market volatility can lead to unpredictable changes, so traders must remain calm and informed.
Breaking through the $1 mark is not only a milestone worth watching for XRP, but also symbolizes a broad recovery in interest in the cryptocurrency market. While the near-term outlook is bright, with increased trading volume and investor enthusiasm, caution is advised as the market stabilizes. Overall, XRP's recent developments provide a positive outlook, marking it as an important player to watch in the evolving landscape of digital currencies$XRP
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Ethereum Forecast: Short-term decline may provide opportunity for future rise
Ethereum Forecast: Short-term decline may provide opportunity for future rise
As of now, Ethereum is experiencing a minor downtrend, hitting a key Fibonacci retracement support level of around $3,028. This technical indicator has proven to be significant in determining both support and resistance levels for traders.
The Fibonacci retracement tool suggests that if ETH falls below this support level, it could fall further to $2,900, which would represent a 50% retracement from recent highs. Historically, this level has proven to be a strong support level, leading to recoveries in previous downtrends.
As of now, Ethereum is experiencing a minor downtrend, hitting a key Fibonacci retracement support level of around $3,028. This technical indicator has proven to be significant in determining both support and resistance levels for traders.
The Fibonacci retracement tool suggests that if ETH falls below this support level, it could fall further to $2,900, which would represent a 50% retracement from recent highs. Historically, this level has proven to be a strong support level, leading to recoveries in previous downtrends.
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Winklevoss criticizes rumors of SEC Chairman Gensler's resignation, stressing that this will cause irreversible damage to the cryptocurrency industry
Winklevoss criticizes rumors of SEC Chairman Gensler's resignation, stressing that this will cause irreversible damage to the cryptocurrency industry
Tyler Winklevoss issued a statement through social media, condemning Gary Gensler, chairman of the U.S. Securities and Exchange Commission, and believed that his actions had caused significant damage to the cryptocurrency market. Winklevoss said that "Gensler's behavior cannot be excused as a good-faith mistake," suggesting that it was a deliberate attack on the industry to achieve personal goals. The narrative surrounding Gensler's tenure reveals a disturbing pattern of over-regulation, resulting in a number of cryptocurrency companies, including giants such as Binance and Coinbase, facing ongoing legal challenges. This situation raises significant questions about the fairness and transparency of the current regulatory framework.
Tyler Winklevoss issued a statement through social media, condemning Gary Gensler, chairman of the U.S. Securities and Exchange Commission, and believed that his actions had caused significant damage to the cryptocurrency market. Winklevoss said that "Gensler's behavior cannot be excused as a good-faith mistake," suggesting that it was a deliberate attack on the industry to achieve personal goals. The narrative surrounding Gensler's tenure reveals a disturbing pattern of over-regulation, resulting in a number of cryptocurrency companies, including giants such as Binance and Coinbase, facing ongoing legal challenges. This situation raises significant questions about the fairness and transparency of the current regulatory framework.
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Potential volatility ahead: Bitcoin options expiration could impact short-term price trends
Potential volatility ahead: Bitcoin options expiration could impact short-term price trends
Deribit data shows that 38,566 Bitcoin options contracts will expire today, compared to 48,794 the week before. The situation is similar for Ethereum, with 189,018 contracts expiring, down from 294,380 last week, indicating a shift in trading volume.
Today, Bitcoin options have a peak pain point price of $79,500 and a put/call ratio of 0.85, indicating that bullish sentiment remains stronger even as prices fall. Ethereum options have a peak pain point price of $3,000 and a put/call ratio of 0.92, also indicating bullish sentiment.
Deribit data shows that 38,566 Bitcoin options contracts will expire today, compared to 48,794 the week before. The situation is similar for Ethereum, with 189,018 contracts expiring, down from 294,380 last week, indicating a shift in trading volume.
Today, Bitcoin options have a peak pain point price of $79,500 and a put/call ratio of 0.85, indicating that bullish sentiment remains stronger even as prices fall. Ethereum options have a peak pain point price of $3,000 and a put/call ratio of 0.92, also indicating bullish sentiment.
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November 15, noon: Bitcoin falls below the trend channel: Can it rebound back into the trend channel?
If the price fails to stabilize above 88,400 at the close of next week: Then this round of rise will end $BTC
If the price fails to stabilize above 88,400 at the close of next week: Then this round of rise will end $BTC
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Bitcoin price drop suggests waning hopes for rate cuts after Fed Chair Powell's economic outlook
Bitcoin price drop suggests waning hopes for rate cuts after Fed Chair Powell's economic outlook
Bitcoin fell sharply after Jerome Powell's speech, reflecting traders' disappointment and uncertainty about future monetary policy. Immediately after the speech, the cryptocurrency fell about 2.79% to $86,600, highlighting the market's quick reaction. Although it later rebounded slightly to $88,500, the overall sentiment remained cautious as traders weighed the impact of Powell's stance.
Investors closely monitor interest rate changes because they directly impact the appeal of Bitcoin. Lower interest rates typically result in lower returns on traditional savings and bond investments, driving potential investors toward the more volatile, higher-return world of cryptocurrencies. As Powell noted, the **current strength of the economy** provides the Fed with flexibility, which could delay or alter expected rate cuts. This environment presents **opportunities** and **risks** for Bitcoin investors, who must find a balance at the intersection of **macroeconomic trends** and the performance of digital assets.
Bitcoin fell sharply after Jerome Powell's speech, reflecting traders' disappointment and uncertainty about future monetary policy. Immediately after the speech, the cryptocurrency fell about 2.79% to $86,600, highlighting the market's quick reaction. Although it later rebounded slightly to $88,500, the overall sentiment remained cautious as traders weighed the impact of Powell's stance.
Investors closely monitor interest rate changes because they directly impact the appeal of Bitcoin. Lower interest rates typically result in lower returns on traditional savings and bond investments, driving potential investors toward the more volatile, higher-return world of cryptocurrencies. As Powell noted, the **current strength of the economy** provides the Fed with flexibility, which could delay or alter expected rate cuts. This environment presents **opportunities** and **risks** for Bitcoin investors, who must find a balance at the intersection of **macroeconomic trends** and the performance of digital assets.
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Bitcoin could surge to $100,000 amid market speculation and rally
Bitcoin could surge to $100,000 amid market speculation and rally
Over the past ten days, Bitcoin has shown remarkable resilience, with prices rising by nearly 38%, surging from just below $66,800 to above approximately $93,000. This overnight surge accounted for nearly 8% of the gains that pushed Bitcoin from $86,520 to above $93,000. As the correction begins, Bitcoin is now trading around $91,000, indicating a naturally volatile but optimistic market dynamic.
As Bitcoin approached the critical $90,000 mark, Saylor celebrated the moment on social media, tweeting: “Put on a space suit and go travel,” a nod to the adventurous spirit of cryptocurrency trading.
Over the past ten days, Bitcoin has shown remarkable resilience, with prices rising by nearly 38%, surging from just below $66,800 to above approximately $93,000. This overnight surge accounted for nearly 8% of the gains that pushed Bitcoin from $86,520 to above $93,000. As the correction begins, Bitcoin is now trading around $91,000, indicating a naturally volatile but optimistic market dynamic.
As Bitcoin approached the critical $90,000 mark, Saylor celebrated the moment on social media, tweeting: “Put on a space suit and go travel,” a nod to the adventurous spirit of cryptocurrency trading.
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Pepe's market cap tops $10 billion as Coinbase listing and price surges
Pepe's market cap tops $10 billion as Coinbase listing and price surges
Pepe’s price surge has captured the attention of the cryptocurrency community, hitting an all-time high of $0.00002457 earlier today before settling at $0.00002346.
The impressive climb, which reached about 86% in just 24 hours, establishes Pepe as a strong player in the meme coin space. The strong interest in the asset highlights a growing trend among investors seeking exposure to volatile but potentially lucrative cryptocurrencies.
One of the key factors driving Pepe’s recent price increase is its inclusion on Coinbase, a well-known US cryptocurrency exchange. This move has greatly increased the token’s popularity and appeal, attracting a large number of experienced and novice traders to participate in trading. In addition, last Wednesday’s announcement that Pepe will be available to US users on Robinhood shows that the company is strategically promoting the mainstreaming of the meme coin.
Pepe’s price surge has captured the attention of the cryptocurrency community, hitting an all-time high of $0.00002457 earlier today before settling at $0.00002346.
The impressive climb, which reached about 86% in just 24 hours, establishes Pepe as a strong player in the meme coin space. The strong interest in the asset highlights a growing trend among investors seeking exposure to volatile but potentially lucrative cryptocurrencies.
One of the key factors driving Pepe’s recent price increase is its inclusion on Coinbase, a well-known US cryptocurrency exchange. This move has greatly increased the token’s popularity and appeal, attracting a large number of experienced and novice traders to participate in trading. In addition, last Wednesday’s announcement that Pepe will be available to US users on Robinhood shows that the company is strategically promoting the mainstreaming of the meme coin.
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House Republican Majority Could Pave Way for Crypto Legislation in Upcoming Congress
House Republican Majority Could Pave Way for Crypto Legislation in Upcoming Congress
The election results solidified Republican control of the U.S. House of Representatives, which is critical for crypto legislation. This development is likely to create a positive environment for laws addressing crypto asset regulation, especially through the expected restart of discussions on existing bills. The passage of the Financial Innovation and Technology Act of the 21st Century (FIT21), which proposes a clearer regulatory framework for crypto assets, highlights the importance of this legislative push. Dynamics within the House will now determine the momentum of such initiatives.
The election results solidified Republican control of the U.S. House of Representatives, which is critical for crypto legislation. This development is likely to create a positive environment for laws addressing crypto asset regulation, especially through the expected restart of discussions on existing bills. The passage of the Financial Innovation and Technology Act of the 21st Century (FIT21), which proposes a clearer regulatory framework for crypto assets, highlights the importance of this legislative push. Dynamics within the House will now determine the momentum of such initiatives.
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November 14: The price of the big cake has broken through a new high again: the strength of the air force has brought another rise to the long army $BTC
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Dogecoin’s recent surge suggests further upside potential if $0.35 support can be held
Dogecoin has captured a lot of attention in the cryptocurrency space in recent weeks, with its value surging significantly, ultimately reaching a yearly high of $0.43. The memecoin’s value has exploded by 234.72%, demonstrating its volatility and appeal to both retail and institutional investors. However, the journey has not been smooth sailing, as DOGE has fallen 9.67% on the daily chart, raising concerns about a potential correction.
Keep an eye on Dogecoin’s performance, especially the $0.35 support level. Market sentiment remains cautiously optimistic, with many believing that the uptrend has the potential to continue as long as this level holds. As Ali Martinez points out, the formation of a bullish flag suggests that Dogecoin has the potential to reach highs of $0.56 if the upward momentum continues.
While the forecast is encouraging, it is crucial to study other technical indicators in order to fully understand Dogecoin’s market position. According to data from Santiment, the NVT ratio, which measures the ratio of network value to transaction volume, has dropped significantly from 582.06 to 111.03 over the past month. This trend indicates that actual usage and adoption of Dogecoin is increasing, contrary to the speculative patterns commonly seen in the market.
In addition to the decline in the NVT ratio, Dogecoin’s MVRV ratio, a measure of market value to its actual value, has surged to 62.82%. Such growth generally indicates strong bullish sentiment, indicating that long-term holders are optimistic about future price increases. The positive correlation of these indicators further emphasizes the belief that the recent price correction may only mean a temporary pullback rather than a reversal of the overall uptrend.
Given the current situation, market dynamics appear to be in Dogecoin’s favor as it looks to rise further, and a successful reclaiming of the $0.44 level could pave the way for Dogecoin to encounter the next resistance level around $0.48. It is also crucial to keep a close eye on macroeconomic factors and Bitcoin’s performance as they tend to have a significant impact on the movement of altcoins.
Today's intraday operation strategy is to go long on the pullback as long as the hourly level does not fall below the EMA50 moving average
0.3750 long: Risk control: 0.3620: Target: 0.4-0.41
Spot can be purchased in batches
$DOGE
Dogecoin has captured a lot of attention in the cryptocurrency space in recent weeks, with its value surging significantly, ultimately reaching a yearly high of $0.43. The memecoin’s value has exploded by 234.72%, demonstrating its volatility and appeal to both retail and institutional investors. However, the journey has not been smooth sailing, as DOGE has fallen 9.67% on the daily chart, raising concerns about a potential correction.
Keep an eye on Dogecoin’s performance, especially the $0.35 support level. Market sentiment remains cautiously optimistic, with many believing that the uptrend has the potential to continue as long as this level holds. As Ali Martinez points out, the formation of a bullish flag suggests that Dogecoin has the potential to reach highs of $0.56 if the upward momentum continues.
While the forecast is encouraging, it is crucial to study other technical indicators in order to fully understand Dogecoin’s market position. According to data from Santiment, the NVT ratio, which measures the ratio of network value to transaction volume, has dropped significantly from 582.06 to 111.03 over the past month. This trend indicates that actual usage and adoption of Dogecoin is increasing, contrary to the speculative patterns commonly seen in the market.
In addition to the decline in the NVT ratio, Dogecoin’s MVRV ratio, a measure of market value to its actual value, has surged to 62.82%. Such growth generally indicates strong bullish sentiment, indicating that long-term holders are optimistic about future price increases. The positive correlation of these indicators further emphasizes the belief that the recent price correction may only mean a temporary pullback rather than a reversal of the overall uptrend.
Given the current situation, market dynamics appear to be in Dogecoin’s favor as it looks to rise further, and a successful reclaiming of the $0.44 level could pave the way for Dogecoin to encounter the next resistance level around $0.48. It is also crucial to keep a close eye on macroeconomic factors and Bitcoin’s performance as they tend to have a significant impact on the movement of altcoins.
Today's intraday operation strategy is to go long on the pullback as long as the hourly level does not fall below the EMA50 moving average
0.3750 long: Risk control: 0.3620: Target: 0.4-0.41
Spot can be purchased in batches
$DOGE
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November 13: Ethereum Price Targets $3,550, Bullish Momentum Strong and Potential for Further Upside
The recent rise in Ethereum prices has focused attention on the $3,550 mark, which is a key resistance level. Breaking through this threshold is crucial to sustain Ethereum's upward trajectory. If Ethereum continues to rise above $3,550, it will validate the targeted reversal pattern and may open the door for Ethereum to approach the psychological barrier of $4,000.
Technical indicators can provide insight into its potential strength. The on-balance volume (OBV) has surged to its highest level in more than three months, indicating strong buying interest. In addition, the relative strength index (RSI) is currently at 79.5, indicating strong bullish momentum, although there is a risk of overheating. A careful watch may be needed in the coming days, as the previous highs set by ETH prices in June and July have encountered significant resistance.
The momentum of the recent rebound suggests that Ethereum is expected to rise further. Liquidation heat map analysis shows that the liquidity band clearly extends to the $4,000 mark. This suggests that sellers may find it difficult to outperform buyers in the short term, increasing the possibility of price increases.
Investor sentiment remains very positive as Ethereum continues to attract interest from both retail and institutional investors. The psychological impact of hitting key price levels cannot be ignored, and many traders are now cautiously optimistic, preparing for possible volatility when Ethereum stalls and consolidates its gains. The upcoming trading session is expected to reveal important dynamics as traders look for opportunities along the way.
Whether Ethereum can break through the key resistance level of $3,550 will be crucial to maintaining its bullish momentum. Ethereum has the potential to reach $4,000, and current market conditions suggest that Ethereum is likely to rise further on the back of strong liquidity and investor interest. As traders remain vigilant, watching for changes in market dynamics may provide valuable opportunities in the evolving cryptocurrency landscape.
If Ethereum goes down first and then up in the evening, then don't place the short order we issued at noon
Place a long order at 3080: Cover position at 3040: Risk control 43 points: Target 100-150 points Use trigger stop loss to reduce positions midway
Pay attention to the impact of the CPI data release at 8:30 this evening $ETH
The recent rise in Ethereum prices has focused attention on the $3,550 mark, which is a key resistance level. Breaking through this threshold is crucial to sustain Ethereum's upward trajectory. If Ethereum continues to rise above $3,550, it will validate the targeted reversal pattern and may open the door for Ethereum to approach the psychological barrier of $4,000.
Technical indicators can provide insight into its potential strength. The on-balance volume (OBV) has surged to its highest level in more than three months, indicating strong buying interest. In addition, the relative strength index (RSI) is currently at 79.5, indicating strong bullish momentum, although there is a risk of overheating. A careful watch may be needed in the coming days, as the previous highs set by ETH prices in June and July have encountered significant resistance.
The momentum of the recent rebound suggests that Ethereum is expected to rise further. Liquidation heat map analysis shows that the liquidity band clearly extends to the $4,000 mark. This suggests that sellers may find it difficult to outperform buyers in the short term, increasing the possibility of price increases.
Investor sentiment remains very positive as Ethereum continues to attract interest from both retail and institutional investors. The psychological impact of hitting key price levels cannot be ignored, and many traders are now cautiously optimistic, preparing for possible volatility when Ethereum stalls and consolidates its gains. The upcoming trading session is expected to reveal important dynamics as traders look for opportunities along the way.
Whether Ethereum can break through the key resistance level of $3,550 will be crucial to maintaining its bullish momentum. Ethereum has the potential to reach $4,000, and current market conditions suggest that Ethereum is likely to rise further on the back of strong liquidity and investor interest. As traders remain vigilant, watching for changes in market dynamics may provide valuable opportunities in the evolving cryptocurrency landscape.
If Ethereum goes down first and then up in the evening, then don't place the short order we issued at noon
Place a long order at 3080: Cover position at 3040: Risk control 43 points: Target 100-150 points Use trigger stop loss to reduce positions midway
Pay attention to the impact of the CPI data release at 8:30 this evening $ETH
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Ethereum faces challenges as nearly half of outflows redirect to Sui network amid growing competition
Ethereum faces challenges as nearly half of outflows redirect to Sui network amid growing competition
Recent trends show that 49.43% of Ethereum’s capital outflows, worth about $5.3 billion, have moved to Sui Network. This migration marks a profound change in blockchain preferences as developers and investors look for networks that can alleviate traditional issues such as high transaction costs and slow processing times.
In addition, Sui’s unique consensus mechanism emphasizes low-latency transactions, which is gaining traction, a strategic turning point for users seeking faster processing power. As competition for dominance intensifies, this shift highlights the blockchain industry’s adaptation to users’ demand for efficiency.
Recent trends show that 49.43% of Ethereum’s capital outflows, worth about $5.3 billion, have moved to Sui Network. This migration marks a profound change in blockchain preferences as developers and investors look for networks that can alleviate traditional issues such as high transaction costs and slow processing times.
In addition, Sui’s unique consensus mechanism emphasizes low-latency transactions, which is gaining traction, a strategic turning point for users seeking faster processing power. As competition for dominance intensifies, this shift highlights the blockchain industry’s adaptation to users’ demand for efficiency.
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The surge in Bitcoin prices amidst market volatility and speculative prospects has triggered a significant amount of futures liquidations.
The surge in Bitcoin prices amidst market volatility and speculative prospects has triggered a significant amount of futures liquidations.
The cryptocurrency market has experienced significant volatility, with Bitcoin soaring above $89,500, followed by a slight pullback to around $87,000. This volatility not only expanded BTC's seven-day gains to over 32% but also triggered a wave of futures liquidations totaling nearly $700 million. This surge and subsequent decline mark one of the highest liquidation events since BTC briefly surpassed its previous high of $73,000 earlier this year.
The rapid price fluctuations have severely impacted futures trading, with over $380 million in bearish trades and about $290 million in bullish positions being liquidated. Notably, research from Coinglass indicates that futures tracked solely by BTC accounted for over $200 million in short liquidations, with the Ethereum market also being further affected.
The cryptocurrency market has experienced significant volatility, with Bitcoin soaring above $89,500, followed by a slight pullback to around $87,000. This volatility not only expanded BTC's seven-day gains to over 32% but also triggered a wave of futures liquidations totaling nearly $700 million. This surge and subsequent decline mark one of the highest liquidation events since BTC briefly surpassed its previous high of $73,000 earlier this year.
The rapid price fluctuations have severely impacted futures trading, with over $380 million in bearish trades and about $290 million in bullish positions being liquidated. Notably, research from Coinglass indicates that futures tracked solely by BTC accounted for over $200 million in short liquidations, with the Ethereum market also being further affected.
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November 12 noon: One-sided upward trend: Looking back at history, this round of rising has no signs of ending
You can place a pullback order here at 93600
Do not chase at high positions, do not sell at low positions, no matter how much it rises, it has nothing to do with me: Keep 2/3 of the position, continue to hold patiently, and earn this round of wealth to accumulate U for the next cycle $ETH
You can place a pullback order here at 93600
Do not chase at high positions, do not sell at low positions, no matter how much it rises, it has nothing to do with me: Keep 2/3 of the position, continue to hold patiently, and earn this round of wealth to accumulate U for the next cycle $ETH
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November 12, noon: WIF shows bullish potential as technical indicators suggest significant upward movement
Today's price of WIF is within a symmetrical triangle pattern, a technical formation that typically signals the onset of a bull market. Historically, this pattern tends to develop in the direction of the current trend, and for WIF, this trend appears to be upward.
The anticipated triangle breakout holds steady at $2.918. If WIF surpasses this important level, the expected upward target is around $4.080, with a long-term target of reaching a peak of $4.860. This breakout may mark the beginning of a new chapter for WIF, paving the way for substantial gains.
As WIF approaches this key resistance level, market observers should closely monitor trading volume; higher trading volume will confirm genuine buying interest and enhance the credibility of the breakout.
Additionally, the widely used momentum indicator, the Relative Strength Index (RSI), indicates that prices are steadily strengthening, currently at 66.27. An RSI above 60 usually indicates significant price increases. With these positive indicators, it suggests that if momentum continues, the asset is likely to rise further.
Current market dynamics for WIF indicate strong upward momentum supported by favorable technical indicators and trading patterns. Observers should pay attention to key resistance levels and market sentiment, as they may dictate the next phase of WIF's price movement. While the market shows a fundamentally neutral outlook, any significant deviation could open the door for intensified bullish activity.
$SOL
Operational strategy
Enter long at 2.958
Risk control: 2.885
Target: Exit in batches within the range of 3.5-4.0
Today's price of WIF is within a symmetrical triangle pattern, a technical formation that typically signals the onset of a bull market. Historically, this pattern tends to develop in the direction of the current trend, and for WIF, this trend appears to be upward.
The anticipated triangle breakout holds steady at $2.918. If WIF surpasses this important level, the expected upward target is around $4.080, with a long-term target of reaching a peak of $4.860. This breakout may mark the beginning of a new chapter for WIF, paving the way for substantial gains.
As WIF approaches this key resistance level, market observers should closely monitor trading volume; higher trading volume will confirm genuine buying interest and enhance the credibility of the breakout.
Additionally, the widely used momentum indicator, the Relative Strength Index (RSI), indicates that prices are steadily strengthening, currently at 66.27. An RSI above 60 usually indicates significant price increases. With these positive indicators, it suggests that if momentum continues, the asset is likely to rise further.
Current market dynamics for WIF indicate strong upward momentum supported by favorable technical indicators and trading patterns. Observers should pay attention to key resistance levels and market sentiment, as they may dictate the next phase of WIF's price movement. While the market shows a fundamentally neutral outlook, any significant deviation could open the door for intensified bullish activity.
$SOL
Operational strategy
Enter long at 2.958
Risk control: 2.885
Target: Exit in batches within the range of 3.5-4.0
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On the evening of November 11: Ethereum's four-hour potential divergence: bulls need to pay attention
Ethereum attacked 3250 today but did not break through and stand firm: it inserted a few times downward: from the four-hour MACD. The bulls shrank, and there is a potential top divergence pattern. This small bullish rise may end at this high point: rebound 3220 short orders enter the market, and the position of replenishment is 3260: risk control 52 points: target 200-250 points, Bitcoin is still at the position mentioned by Lao Wang, watch the article published today: the callback does not represent the end of the bull market, but better paves the way for the upward trend in 2025
$SOL
Ethereum attacked 3250 today but did not break through and stand firm: it inserted a few times downward: from the four-hour MACD. The bulls shrank, and there is a potential top divergence pattern. This small bullish rise may end at this high point: rebound 3220 short orders enter the market, and the position of replenishment is 3260: risk control 52 points: target 200-250 points, Bitcoin is still at the position mentioned by Lao Wang, watch the article published today: the callback does not represent the end of the bull market, but better paves the way for the upward trend in 2025
$SOL
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Due to the decrease in active addresses and the RSI indicating overbought conditions, Solana's future price may experience fluctuations.
Due to the decrease in active addresses and the RSI indicating overbought conditions, Solana's future price may experience fluctuations.
Solana's price has recently surged, creating significant excitement within the crypto community. However, the accompanying decrease in the number of active addresses paints a more cautious picture. This phenomenon, known as Daily Active Addresses (DAA) divergence, indicates a reduction in the number of users participating in transactions. This decline often signals a loss of investor interest, potentially leading to price adjustments.
As prices rise but active participation declines, traders may interpret this divergence as a warning signal. If the trend of decreasing active addresses continues, it may trigger a wave of profit-taking among investors, weakening Solana's recent bullish momentum.
Solana's price has recently surged, creating significant excitement within the crypto community. However, the accompanying decrease in the number of active addresses paints a more cautious picture. This phenomenon, known as Daily Active Addresses (DAA) divergence, indicates a reduction in the number of users participating in transactions. This decline often signals a loss of investor interest, potentially leading to price adjustments.
As prices rise but active participation declines, traders may interpret this divergence as a warning signal. If the trend of decreasing active addresses continues, it may trigger a wave of profit-taking among investors, weakening Solana's recent bullish momentum.