Hello everyone, I am Dashan, focusing on the trend analysis of mainstream coins, providing daily market analysis. When someone is laughing in the crypto world, there will be someone crying. I hope everyone is the former!
Currently, the overall trend remains unchanged, and no downward momentum has been observed. Next year, with the news of the new administration, the Federal Reserve's series of actions, and the announcements regarding interest rate cuts and hikes, in the context of a comprehensive recovery of the economy after the pandemic, I believe the price will reach even higher levels. Let's all keep an eye on it together. To my fans and friends, I also wish everyone can achieve their goals in the crypto space!
Looking at Bitcoin, there's no need to say much, we continue to observe the fluctuations, and there’s a daily update for short-term trading. In this small-scale adjustment, there's a downward adjustment. Currently, Bitcoin is still the same, maintaining a bullish mindset, and this wave of fluctuations is something we are very much looking forward to seeing. Just don’t let this pullback scare you off; in the future, we will test some key positions, and it is still necessary to add spot purchases.
Now let's take a look at Bitcoin, which is also maintaining a range consolidation. On a larger scale, this range consolidation is evident, and on a smaller scale, there have also been ranges given. If you look at this trend line adjustment, those high points are your opportunities to enter the market. We also see a very obvious price reaction; it dropped from here. This area is short-term; you might have already exited at this point. How to operate in the short term? There will be scheduled updates every day. I usually only share big-level insights on my public account because I feel that your understanding level is not sufficient yet. I have always suggested that everyone should consider short-term trading only after having more than five years of trading experience. Beginners should avoid minute charts; think about how you lost money! You need to discern for yourself. If it’s your first time seeing me, you can click to follow. If you find me useful, feel free to share with those around you, or stick around for a few more days, or check out my previous posts. Let's progress together.
To put it bluntly, playing in the cryptocurrency world is a battle between retail investors and big players. If you don't have cutting-edge news or first-hand information, you can only get cut!
The article is time-sensitive, and the market changes in real time. The above suggestions are for reference only!#BTC #ETH $BTC $ETH $SOL
