This wave is stable, and the market will allow us to make a big profit.
I am currently updating these four escape top data points in real-time.
1. U-based funding rate.
2. Fear and greed index.
3. Exchange lending rate.
4. Altcoin season index from the coinmarket website.
5. 24-hour secondary market trading volume.
When the time comes, I will strive to achieve consistency in knowing and doing while escaping the top.
Be patient with your positions; altcoins are continuing to soar.
When running, just achieve consistency in knowing and doing, and the manipulators will not be able to cut you off; you will only be there to help lift the market after you sell. When the time comes, crush them at high positions; they deserve to chase highs and deserve to be unable to hold on when the market starts.
Currently, the first support level for BTC is at 97,500, and the second support level is at 96,100. The first resistance level is set at 99,000, and the second resistance level is at 100,000.
From the 4-hour moving average perspective, the moving averages are arranged in order, showing a bullish trend. At the same time, the MACD indicator has formed a golden cross, which is usually considered a buy signal. However, even though the indicators show a bullish advantage, caution is still needed to avoid blindly following the trend.
Currently, the BTC price is mainly fluctuating between 97,000 and 99,000. The market is accumulating strength, trying to break through the important level of 100,000. Once successfully broken, it is expected to ignite market enthusiasm and push prices further up.
In terms of operational strategy, it is recommended to buy low and control positions. That is, within the current fluctuation range, suitable low points can be sought for buying operations, but blindly chasing highs or shorting is not recommended. At the same time, close attention should be paid to market dynamics and price trends in order to adjust operational strategies in a timely manner.