Suddenly, like a spring breeze arriving overnight, thousands of coins are rising uniformly. Many people are all smiles, they should buy at the bottom, and have already boarded the train. Some people are slapping their thighs, wanting lower prices, trying to prove they are gods, buying at the peak. Alright, I can only admit defeat to you.
Recently, the US stock market has fallen sharply for 5 consecutive days. Yesterday, it opened low and closed high, which can be considered a repair of indicators. It has been mentioned before that the decline of the US stock market is not a systemic collapse, but merely a technical squeeze of bubbles, preparing for Trump's rise to power. When the time comes for a rally, it will realize his great ambitions and wise military prowess. This world is a stage, and capitalists, for their vested interests, will definitely do things to stir the pot. Who goes against the American king, isn't it just asking for trouble? Just look at the current big Russia, East Country, and the three chubby ones, which one has a good economy?
In the tech sector, Nvidia has already linked up with the magnificent seven; in artificial intelligence, it represents a new form of future society. Undoubtedly, science and technology are productivity, and as the economy improves, stocks will continue to rise. In 2025, the bull market is still there; if there’s a pullback and you don't buy at the bottom, aren't you just making things difficult for yourself?
Currently, from the daily chart perspective, it has effectively broken through the life line. The MACD fast and slow lines are above the zero axis, and the 5-10 lines have crossed above the 30-day life line. The downtrend has ended. Now, you can only wait for a pin bar to enter the market. Support is around 96200-94591. Resistance is around 99500. Those who haven't boarded the train in the altcoin market can only wait for a pin bar. The trend has started to reverse.
On the four-hour level, although the K-line is currently retracing, it is doing so on reduced volume. There hasn't been a short-term pullback yet. If you are trading, you can set a short position around 99500 with a stop loss at 100500.
On the three-day line, the MACD has not yet formed a golden cross, and there has not yet been a unilateral upward trend. In the past two days, many people have become anxious about the rally, wanting to go all in. Be patient; my personal suggestion is that altcoins should not chase highs. There should still be a pullback to allow individuals to enter. However, the entry points for everyone have surely increased. There’s no way around it; being out of the market is extreme greed. Now, everyone wants to get rich quickly. Recently, the focus has been on buying low, so don't easily short the altcoins.
A few days ago, there were various discussions and advice, saying to buy on the pullback, actively buying the dips; you can't buy at the lowest point. ETH at 3300, DOGE around 0.3, UNI around 13, SOL around 185, etc., how many times have I said it? Enter the market at the right point. I haven’t failed to treat those who follow me well. $BTC