[Market Review]
The period of consolidation is about to end, and a violent bull market is about to arrive. Are you ready?
Bitcoin's movement is relatively slow, a bottoming signal has appeared, but an uptrend signal has not yet been seen.
BNB's movement is relatively better than Bitcoin, major level trends have already shown signs of an uptrend.
ETH's performance is even better, stronger than Bitcoin and BNB, and it is moving very steadily, not a sudden surge.
The movement of SOL is even crazier. Since I started guiding you to go long on Monday, SOL has risen from 193 to 220.
It has pulled up over 10 points. Major cryptocurrencies are showing significant uptrend signals, so altcoins will start moving.
Be prepared for a stealth position (actually, I guided you to set it up last week), and get ready to embrace the explosive bull market!
[Bitcoin Major Level Trend Analysis]$BTC
From the monthly chart perspective, it is a very standard horizontal movement replacing a drop!
In November, a huge bullish candle was formed, and December did not continue to move upward.
Instead, it retraced to this major support at 90073, showing a healthy consolidation movement with horizontal action instead of a drop.
This is the optimal way to proceed; if you recklessly push to 110K, then the bull market is basically over.
The market will not behave like this.
After a small bearish candle closed in December, we need to closely monitor when the downtrend stops.
Now let's look at the weekly chart. We can see that in the last few days of this week, the weekly chart starts to rally.
A large bullish candle has formed, so a short-term bottoming signal has appeared.
The daily chart has shown five consecutive bullish candles, and it has reached the pressure level of MA30 above, indicating a need for a retracement.
So our operation is to buy on the support retracement!
[Bitcoin Long-term Position Feeding Operation]
Direction: Low Long
Level: Long-term position
Entry points: 96223-95674-94882, enter in two batches.
Stop loss/Take profit: 89883/123000
[Ethereum Major Level Trend Analysis]
The monthly chart is similar to Bitcoin, but the movement is much weaker.
I believe those who choose Ethereum here have faith; I also hold my spot position firmly without moving. Let's wait for a surge!
This position at 3030 has not been broken, the lowest retracement was down to 3100, so we continue to be bullish, no doubt about it!
We have two types of operations: one is to enter directly at market price 3630, and the other is to set a low long position, each with its own pros and cons.
[Ethereum Long-term Position Feeding Operation]$ETH
Direction: Low Long
Level: Long-term position
Entry points: 3515-3476-3430, enter in two batches.
Stop loss/Take profit: 2995/4788
[Analysis of Other Cryptocurrencies]
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Personal trading signals have been made public in private domains, feel free to take them if needed.
