Ethereum perfectly hit the large-scale strong support area of 3209-3108 given by Brother Lie! The xlm short orders given to friends in the afternoon have perfectly hit the first and second stop-profit positions! So isn’t it good to short on a rebound? The best way to trade is to follow the trend. Remember to fight against the trend, otherwise the end result will be continuous losses or liquidation!
The good defender hides in the nine depths, the good attacker moves in the nine heavens. Usual, this demon coin hunter has been watching you for a long time! This time, the five-wave analysis method is targeting you!
The good defender hides in the nine depths, the good attacker moves in the nine heavens. Usual, this demon coin hunter has been watching you for a long time! This time, the five-wave analysis method is targeting you!
#btc The big coin has once again experienced a major pullback of ten thousand times. Is this an opportunity or the beginning of a more serious crisis? This question was discussed by Hunter in today's live broadcast! Currently, the big coin has rebounded after finding support at 98082, and the rebound is still ongoing. Until a reversal occurs, Hunter remains pessimistic about the market outlook! This is because the current rebound shows weakness in the bulls, and it is undoubtedly starting the next wave of decline. Therefore, at this point, everyone should be more aware of the risks! Currently, the price of BTC is hovering around 102600, with the MA40 moving average at 103000 providing resistance above. The overall hourly trend is bearish! It feels a bit difficult for the bulls to reverse; it all depends on whether there will be significant capital entering the market tonight!
The sol is at the end of its strength, appearing quite strong, but in reality, it's a deceptive cannon! It seems many people have an obsession with sol, so there are quite a few players who are stuck! Hunter is here to pour some cold water on you, wake up!
The situation for altcoins is not optimistic. Most altcoins show no signs of stabilizing when looking at the daily and three-day charts; instead, it seems they will need to dip further. Therefore, entering the market to 'catch the bottom' at this time is clearly unwise! Let's take a look at the situation of the king of altcoins, Ethereum. Currently, ETH is supported at the middle Bollinger Band on the daily chart! However, this support is not guaranteed to hold, as it has already entered oversold territory on a larger scale! Last night, I thought we could expect another push to break 4200, but when I woke up this morning, the structure was destroyed by Bitcoin's drop, and that thought has been dismissed for the time being. Therefore, I can only wait for this wave of ETH's daily downtrend to play out before I can continue to be bullish. This includes some other altcoins, which frankly have been performing very poorly. So, in reality, I haven't traded altcoins in the last two to three days, and I suggest my friends to temporarily stay in cash and observe, waiting for the return of the bulls!
#btc This morning, the BTC whale launched another surprise attack, creating a historic new high of 108366 and quickly dumping to crash, triggering the main downtrend of the 4️⃣h, causing continuous declines throughout the day, and dragging down various altcoins of Ethereum! BTC hit a low of 103066 in the afternoon; I believe this position is a valid support because there is strong support below (purple area in the image)! Therefore, it is very likely that this main downtrend of 4️⃣h has temporarily released! Pay attention to the upper resistance level 1️⃣105101 and resistance level 2️⃣105728!
Does Ethereum need to break 4200? Ethereum finally broke through the small bull high of 4098 from today’s February and March wave, reaching a maximum of 4109, then retracing all the way down to a minimum of 3942 before starting to fluctuate! Currently, it has just hit the 1h MA30 moving average, and it has also just retested the upward trendline! Therefore, Hunter believes that the support at this position is valid! If it falls below this support, pay attention to the key support at 3982! Now, let's look at ETH's daily K-line. From the daily perspective, ETH has already increased in volume and formed a bullish candlestick yesterday, and the 1️⃣h bullish trend is strong, so Hunter has reason to believe that ETH will continue to fluctuate upwards to test and break through the previous high!
Will #eth eth break 5000? The price of BTC keeps hitting new highs, and Ethereum is not far behind. Although it hasn't reached a new high, at least it is breaking previous highs! However, the situation of altcoins makes it hard to be happy! Most altcoins are still struggling and show almost no improvement, likely being severely drained by Ethereum and Bitcoin! So, I believe you should focus on Bitcoin or Ethereum! The manipulation by market makers will likely still revolve around these two main characters. The market for altcoins is too hot; it needs time to cool down, and the chances of a short-term rise are low. Even if it does rise, it won't be sustainable; it's that kind of situation where you should take profits quickly! Compared to BTC, I prefer ETH, as ETH hasn't broken the previous bull market's high of 4800+! So, it's reasonable to expect ETH to reach 5000 in the next half month!
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#ETH Ethereum strongly broke through 4000 today. Last night, Hunter shared with the brothers that ETH is likely to follow a W-shaped trend and break upwards! As expected, it strongly broke through 4000 during the day, reaching a maximum of 4025 under pressure! Currently, ETH is retracing, just hitting the middle band of the 1️⃣h Bollinger Bands, which is also the position of the daily downtrend line! So this support is likely to be effective. If this support cannot hold, then we need to pay attention to key support 1️⃣3922 and key support 2️⃣3900!
#eth Yesterday, Brother Lie gave the brothers two key supports for ETH before going to bed: 1️⃣ 3828 and 2️⃣ 3749. In the early morning, it hit 3825 and almost perfectly matched Brother Lie's key support 1️⃣ 3828! During the day, ETH oscillated upwards, tested the strong resistance at 3900, then retraced and continued to test upwards. It is highly likely to form a W shape, continuing to test 3900 for a breakout and standing above 3900. Only by standing above 3900 can the altcoin market continue to open up; otherwise, it will still be a boring oscillating market!
As predicted by Hunter Brother, most altcoins conducted a second dip early this morning! The reason is that yesterday, most altcoins were firmly suppressed by the 1️⃣h level MA60 line and could not break through, leading to this collective second dip of altcoins in the early morning. For altcoins to show improvement, they must at least break above this MA60 moving average; otherwise, the altcoin market will remain sluggish and continue to fluctuate! Now, let's return to the market. Ethereum has started to strengthen, and this has brought a wave of altcoins that are beginning to build a bottom and slowly rise from the bottom, which is a good sign!
Is the second exploration of altcoins coming? Compared to Bitcoin, most altcoins are performing poorly. During the day, there was no significant movement, and it seemed half-dead; now that it's evening, they are starting to decline! The main reason is that after the sharp drop in altcoins, they started to recover on the 10th, but now they are facing strong resistance, leading to mostly sideways movement. There's been no decent right-side pullback, so as Hunter said during his live broadcast that day, this wave of bullishness on the left side will end without a pullback, and this time bomb will explode sooner or later. Well, it has come, but it's also good; frankly speaking, I wouldn't feel at ease without a second exploration! Alright, let's take a look at the ETH chart. Ethereum is performing very weakly, dragging down a bunch of altcoin followers. Pay attention to two key support levels for ETH: 1️⃣ 3828 2️⃣ 3749!
Today during the day, Bitcoin experienced a fluctuation upwards, facing resistance at 10266 before pulling back; this pullback is likely not yet over! Currently, BTC has broken below the middle band of the 1-hour Bollinger Bands, and a downward trend has formed on the minute level, making the pullback a certainty! So pay attention to the two key support levels below: 1️⃣101204 2️⃣100925! If it breaks below the key support level 2️⃣100925, we need to consider BTC's third test, going to the purple area marked by the analyst to seek support! Therefore, the bulls need to be cautious tonight; the trend of Bitcoin is not looking optimistic!