Investment is like riding a roller coaster, with peaks and troughs. No matter whether it is good or bad, it is temporary. This means the importance of market trends. Only by respecting the market and following the trend can you gain something in the capital market. In a word: direction must be more important than effort. No matter how good a boatman is, if the direction is wrong on the sea, the wind blowing from any direction will be a headwind. #BTC #crypto2023 #ETH #Binance #Web3
#btc's market share has reached 52%, a new high this year, so Ethereum and copycats have been sluggish recently.
They have all been sucked by Bitcoin, especially the passage of Bitcoin ETFs in various countries, which has led to an increase in people's demand for Bitcoin. According to the current trend, Bitcoin's market share may continue to expand
#btc intraday Upper pressure 66000-66400 Lower support 64600-64200 If Bitcoin fluctuates in this range, then Ethereum will usher in a wave of compensatory gains, followed by a rebound in the altcoin#btclong Point: around 64650-64200 Take profit: 65400-66200 Stop loss: 63950 intraday short long
In mid-April, funds turned from outflow to inflow, and BTC soared from $60,000 to $67,000.
In early May, BTC soared from $57,000 to $65,000.
In these two months, ETF funds often change prices in advance, but the inflow and outflow of ETF funds has become a reverse indicator.
In early May, there was a large outflow, but it hit the low point, indicating that institutional funds will drive price fluctuations, but will also use panic and greed to make the market passively liquidate.
The turning point of funds is more referenceable. For example, the inflow of ETF funds again in the past two days is a good thing for the weak spot.
1. CPI is lower than expected, which is good news, and expectations of interest rate cuts have increased
2. Powell's speech is neutral
3. Now there is only the peace talks between Israel and Hamas in Palestine. If the conflict escalates, there will be a correction, and it is expected to be around 63,000. If the peace talks succeed and a ceasefire is reached, it will be 70,000.
BTC daily price has a certain breakthrough after being affected by CPI data. The current price is above 66,000. There is no obvious high resistance position on the daily line. After the price rises straight in the short-term four-hour line, it is recommended to pay more attention to the selling pressure of the left side of the previous high 67,000-67,500. The attached indicator has been running in the high oversold area for a long time. The indicator has no much reference value. It is recommended to pay attention to the strength of the 64,200-64,600 line. Overall, the daily line has strongly broken through the long-short dividing trend line. It will take 18-36 hours to determine whether the trend has completely reversed. Therefore, it is stable to continue to wait and see in the short position and arrange long orders for aggressive callbacks.
#SSV re-staking project Ether fi decided to integrate SSV into its protocol, and staking projects such as LDO have cooperated with it, and the number of Ethereum staked on its own chain is also increasing!
Ethereum ETF will continue to be hyped, and the later copycat season will definitely come, waiting for the full launch of the eth ecosystem! You can consider the first position around 32-33.5, and the target is 40-48
Starting from July, 4% of the volume will be unlocked every day, resulting in a continuous selling pressure of nearly 50 million u. Brothers, think carefully and it’s terrifying!
It has retreated 60% from the high point, and the impact of the news has accelerated the decline. Participate with caution
#people has also seen a good increase recently. It belongs to the meme sector and has risen in tandem. Secondly, it has also been affected by the US election, so the price has been rising. The current funding rate is negative, and there are many people shorting. It is estimated that it will continue to rise.
💰baogedetouziriji💰#btcThe public long orders are bearish after the release of ppi data, so let's enter the long orders at 61200, 78 points away from the first stop profit of 62000. Pay attention to reducing positions for short-term long positions during the day, as usual. Powell will speak in the evening, pay attention to market fluctuations
💰baogedetouziriji💰#btcThe public long orders are bearish after the release of ppi data, so let's enter the long orders at 61200, 78 points away from the first stop profit of 62000. Pay attention to reducing positions for short-term long positions during the day, as usual. Powell will speak in the evening, pay attention to market fluctuations
Come to me in the car
LIVE
宝哥的投资日记
--
💰baogedetouziriji💰#btclong Point: around 60800-61200 Take profit: 62000-63000 Stop loss: 60400 Short intraday long