Saturday Morning Market Analysis and Trading Suggestions
The market has surged, with the overnight peak approaching the 69000 level. If this market can stabilize above 68000, there is potential for bullishness, so last night I advised against going short!
The movements over the past few weekends have shown a certain pattern; it's either an upward trend or a small range of oscillation, making it less suitable for shorting. The recommendation is to focus on buying on pullbacks.
Pay attention to the support in the 97300-96500 range during the day, and buy on pullbacks to this level.
Ethereum's current surge strength is very high; pay attention to 3570 for pullbacks to buy.
For Solana, the previous long position was indeed exited too early. Now looking at it, as long as it doesn't break below the 210-203.6 level, we continue to look bullish.
Friday intraday trading record: The rebound breaks through the key pressure and is no longer empty.
All three major U.S. stock indexes opened higher, and the currency price continued to rebound upwards. The overnight short orders still failed to hold the pressure of the 98,000 mark. It was a pity that the losses were stopped and exited.
In the evening, the focus needs to be on the stabilization of the 98,000 line. Judging from the historical market conditions, Friday's market is generally dominated by unilateral trends, so there is still the power to rebound upward in the evening.
From the technical structure point of view, the daily level has broken through the pressure of the middle track of the Bollinger Bands, and the price has also entered the upper track range. The MACD short shrinkage in the sub-chart has been completed, and the double moving average has begun to turn upward after entering below the zero axis, and the price remains the same. Have continuous upward momentum
On the way up, don't chase directly, go back to the short-term support level and then go higher! Pay attention to the 97300-96500 area and do Duo!
Yesterday, the U.S. spot Bitcoin ETF had a net outflow of $247.8 million, and the spot Ethereum ETF had a net outflow of $77.5 million, but the price of the currency did not fall but rose instead, mainly due to the strong trend of the U.S. stock market last night.
This position will continue to oscillate and grind. It is currently rebounding to the middle track to test the pressure. If it cannot go up, it will experience another decline. This is a slow bottoming process.
The market is expected to restart around the end of January and the beginning of February, accumulating power for the next wave of big gains. With the trend of washing and oscillating, we can only control the space as much as possible, run short-term, and stop when we see good!
The two main lines in 2025 are Trump’s positive news and the Fed’s stopping of interest rate cuts
Let’s talk about the conclusion first. I think the first half of 2025 will still be a bull market. The second half and next year are temporarily unpredictable. The Federal Reserve will cut interest rates three times. Afterwards, there are concerns about confrontation between Powell and Trump.
When Trump takes office, almost all cabinet members hold coins. They are crypto-friendly and unprecedented. Will it become a scene where officials call out orders every day? The president himself issues NFT. Musk is a staunch holder of dogs and pepe.
Therefore, before Trump enters the White House, the market is expected to adjust, and after taking office, prices are bound to continue to rise!
Friday Morning Market Analysis and Trading Suggestions
Good morning, everyone. The Bitcoin has been in a holding pattern 🈳 since yesterday, and I am still stuck in it. As I mentioned yesterday, the daily chart is facing resistance at the middle Bollinger Band, and as long as the 98000 level holds, the bulls are just paper tigers. Continue to hold short positions. I am currently operating according to this idea.
For today, continue to pay attention to the 98000 level. This level is the daily middle band resistance, and from a four-hour perspective, the stochastic indicator has also entered the oversold area, limiting the rebound strength. Therefore, for today, the focus remains on bearish trends and short selling.
For intraday short positions, continue to target the 95000-93000 level, taking profits in batches, with 98000 as the stop-loss.
For Ethereum, short positions are also synchronized, targeting 3380-3350, taking profits in batches, with 3520 as the stop-loss.
From the morning open, a rebound was suggested to go long 🈳, but the intraday market has continued to rebound. During the rebound phase, after taking profit on the overnight long position, a reversal to short was suggested at the 95800 level, and this short position is still being held.
As of now in the intraday session, three positions have been closed: one segment of SOL exited at 13 points, one overnight Bitcoin long position took profit at 2500 points, and one short position at 95800 is still being held.
Currently, looking at the market, the bulls are indeed quite strong, but the resistance at the 98000 level above is still very strong. Therefore, before the market breaks this level, the short position can continue to be held, and we will consider a stop loss only if the resistance level is broken!
The first trading day of 2025 All three major US stock indices opened higher The initial jobless claims announced in the evening were also unfavorable So prices fluctuated a couple of times after the opening Temporarily broke through the resistance level of 97000 Currently, the focus is on the next four-hour closing situation If it closes with a gain again, then short positions need to be stopped out If the four-hour closes with a doji at a high position Then short positions can continue to be held The extreme stop loss is set at the 98000 line $BTC $ETH $XRP #币安Alpha公布第10批项目 #币安全球用户突破2.5亿 #比特币走势观察 #AIAgent热潮 #XRP重返市值前三
Bitcoin and Ethereum have both rebounded This round of increase is led by altcoins Pay close attention to the 98000-100000 range for Bitcoin in the future Only if it closes on the daily and stabilizes in this range Can it return to a bullish trend, then the bulls can slap my face
Duodan entered the market near 93300 yesterday evening Take profit and exit at 2500 points The current price is 95,800 direct online🈳 Just look below 93500
Yesterday's bullish performance was perfectly realized! Bitcoin is near 2000 points, with Ethereum having over 60 points of space; this wave is quite good!
Currently, after Bitcoin's market briefly broke 95000, it faces short-term pressure and is pulling back. On the one-hour level, the current price is running around 94800, and the KDJ indicator is about to form a death cross. Without effectively staying above 95,000 during the day, the trend can still maintain a range trading approach.
Morning Reference: Short Bitcoin at 95000, looking down to 90000. Targeting 1000 points.
Bitcoin and Ether stabilized after reaching the key support level and then directly surged. Before evening, the price paused to repair at the third and first resistance levels, and continued to maintain an upward trend in the evening. Bitcoin peaked around 96300, while Ether began to retrace near the second resistance level of 3450, with the basic operating range meeting Silk Road expectations.
Currently, in terms of market conditions, only the one-hour level is in a consolidation phase, while all other levels are bullish. This position has returned to the previous rally point. In summary, for today, we are still looking at a range that swings low and high.
Bitcoin retracement target area 92000-92500 with target 95000-95800
Tuesday Morning Market Analysis and Trading Suggestions
From the 4-hour chart, the price drop in the early morning has approached the bottom support level, with the key point at 91,500 confirmed again.
Subsequently, the market entered a consolidation range, and the bulls seized the opportunity to counterattack, gradually recovering the previous losses. The current market is showing a pattern of bulls repairing the earlier trend.
Given that the domestic market is under pressure but has not been broken, the morning session is likely to witness a strong counterattack from the bulls. It is important not to be misled by the current price near the mid-range level of 94,000. In terms of indicators, the KDJ indicator has contracted, and it is expected to form a golden cross, which means the bulls still have significant upward potential.
Therefore, in the morning session, we should maintain a low-long strategy,
It is recommended to go long on Bitcoin near 91,500 - 92,000, with a target of 95,000 and a medium to long-term target of 98,000!
It is suggested to go long on Ethereum near 3,300 - 3,320, with a target of 3,500!
In the morning, I first publicly suggested the idea of buying on the pullback. The daytime market continued to maintain a range of fluctuations, with the back-and-forth range not exceeding 800 points, so no trading operations were executed.
In the evening, when the price pulled back to around 93100, I suggested to go long directly. The US stock market opened with a significant drop, and the cryptocurrency prices continued to decline. Currently, I have already stopped out at around 91900. The long position entered at the pullback to around 3325 for Ethereum is still being held.
In the evening, major US stock indices have bottomed out and rebounded. Bitcoin has also temporarily stopped falling at around 91500, but the rebound strength is not strong, and it has broken below the four-hour lower support. The key focus is on the daily closing situation. If it cannot close above 93000, we will continue to look for bearish continuation tomorrow. If it can close higher, we will just look for a rebound!
24 years are coming to an end In the past year, the cryptocurrency market has experienced a huge reshuffle Some people were washed out and left the market with regret, while others are still dormant and waiting for opportunities Historical market trends tell us Each halving is a catalyst for new market trends in the second year Will it happen again this time? First, the big cake will rise and then expand to other markets Major mainstream ETAFs are still buying like crazy Including MicroStrategy and the Trump family Are you still hesitating? Cherish the opportunity to retrace $BTC $ETH $SOL #2025比特币价格预测 #BTC挖矿难度创新高 #SUI、OP大额解锁 #币安LaunchpoolBIO预测 #本周微策略是否继续增持BTC?
This SOL order has been held for more than 2 days Preparing to hold it as a long-term position The daily funding rate is 10-15 USD Now holding a long-term position also requires attention to the funding rate It is indeed a bit expensive
Monday, early session Bitcoin and Ethereum trading ideas
Yesterday's price once again moved downwards, with a low point reaching around 93000, and it has not yet touched the support at the lower point of the wedge adjustment area indicated consistently. Currently, the structure still looks at the oscillation adjustment within the wedge area. If the structure is not broken, do not look for a unilateral trend! Follow up only if the level is broken.
For today, the current price of Bitcoin is around 93500. It is recommended to go long directly, with a stop loss at 92000. The short-term target is 96000, and the swing target is 98500.
For Ethereum, just go long in sync! Buy on the pullback to 3340, with a stop loss at 3280, short-term target at 3450, and swing target at 3550.