Family, hurry up and run! AI is at its peak! Big shot Sun Yuchen has started shouting AI, and every time he does, it's the highest point of that track. I've experienced it more than 10 times, believe it or not. And AI, including AI AIGENT's AI and 16Z, is indeed making a lot of noise now; even outsiders know about it, and everyone is buying. So who will take over? Anyway, I've already made enough profit from this wave, so I'm selling. If it rises further, I won't be envious; while considering returns, I will also assess the risks.
We have clearly laid out our AI strategy for December because of the NVIDIA CES conference on January 6, where a new generation of graphics cards and computing hardware will be released. Render and Fet are almost done, and now that it's the 5th, we can consider selling at a high point. We start and finish with purpose, selling when there is a lot of buzz.
Is the nearby resistance for $FET 1.5? Is it advisable to hedge the long position after a pullback before going up? Thank you.
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Oh no, is the giant whale making a move? Just 4 minutes ago, a giant whale transferred 315 million USDT to the OKEx exchange! It seems that after the New Year, the funds have returned! This whale sold various coins at a peak over 20 days ago and then withdrew USDT to a cold wallet, and now USDT is being transferred back to the exchange, indicating they are ready to buy buy buy.
In good news, on January 3rd, FTX will start repaying over 10 billion US dollars to users, which is good for SOL. On January 6th, Nvidia will release a new generation of graphics cards, benefiting AI projects like Fet and Render (be careful, these two are nearing resistance). Then on January 20th, Trump and Musk will take office, which is good for the entire market and Doge~ And everyone, don't forget to hit follow, otherwise you might miss a lot of important news.
Extremely bullish: FET double bottomed on BTC pair
Very simple and tot he point. Last weeks market correction is clearly over and during that $FET double bottomed against $BTC . This is an extremely bullish sign for any altcoin to do so. Just go back and take a look at what $XRP did this November after double bottoming against BTC. So, assuming a continued uptrend of BTC and the overall market in the next weeks, FET might see a 3x to 4x return. Good luck!
Extremely bullish: FET double bottomed on BTC pair
Very simple and tot he point. Last weeks market correction is clearly over and during that $FET double bottomed against $BTC . This is an extremely bullish sign for any altcoin to do so. Just go back and take a look at what $XRP did this November after double bottoming against BTC. So, assuming a continued uptrend of BTC and the overall market in the next weeks, FET might see a 3x to 4x return. Good luck!
btc support moves up to 95755, the nearest support point today during the day is 96855. Resistance at 97700/97850, after breaking through, look at 98200, 98800, 99300. After stabilizing at 98800, continue to look at 102000-102800.
eth support moves up to 3360, the nearest support point today during the day is 3442. Resistance at 3496, after breaking through, look at 3526, 3560, 3596.
sol support moves up to 184.25, the nearest support point during the day is 187.85, today resistance is at 194.50, after breaking through look at 197.50, 199.50, 204.25.
Just gave birth and in confinement, looking conservatively for a rebound this weekend. The pullback has ended, and further dips are normal fluctuations.
How does the boss see how much this pullback will rebound from?
GK-ARONNO
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Bearish VS Bullish outlookš„š„
$FET
Here's a strongly bearish outlook versus a bullish outlook for FET.
I noticed the recent price trend looks eerily similar to a previous pattern for this coin that played out with a major correction and consolidation that lasted months, before any strong upside. This, of course would mean a much greater and quite severe correction in the overall crypto market that would drag FET price down significantly (80%). The macro and crypto environment although slightly bearish in the very short-term does not signal any doom and gloom scenarios right now, but you never know what's around the corner.
On the flip side, there is an ascending channel that could mark the bottom at around current price levels for FET and may likely yield 80% returns. However this bullish channel is being broken currently. Time will tell where these daily candles will finish.
Currently the trend for FET and the broader crypto market is unclear so it's best to stand by and see how this plays out. šØšØ šKeep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! ššø