A brief discussion about $MOVE and $BTC , after rebounding near 0.7 last night, I entered a spot order near 0.76 and also escaped near 1.05. Although it wasn't at the highest point, I basically achieved a 40% increase.
You might ask why I didn't buy at 0.7. The reason is simple: at that time, the situation looked like it was rebounding from a support area ahead, which is why I entered the order. This is a more conservative entry.
Now let's talk about #BTC . The Bitcoin I currently hold has been converted to #ETH , but neither has successfully stood above the reversal zone yet. In the coming days, we still need to pay attention to price trends. I suggest gradually buying the dip and preparing for a potential drop directly to the 77-79K range, which also aligns with the pattern of dropping about 20-30% before rising again.
On weekends, everyone should go out for a walk and not let the market affect their mood. As long as you hold spot, as long as the overall market doesn't enter a bearish trend, you should be able to hold on.
$BNB is currently back above 650. If the overall market doesn't strengthen, it is expected to continue dropping around 710. If this wave stabilizes, #BNB 's daily line is about to show a triangular convergence, and a rise is still expected.
Forecasting the market is about setting expectations for yourself, not investment advice. I hope everyone can happily welcome the New Year before the end of this year.
Wishing everyone well 💝
