The daily chart shows a small bullish candlestick with a long lower shadow, and the trading volume is about half of the previous day's, indicating a short-term rebound from the bottom. The daily MA30 line is still in a downward trend, and the MACD shows weakening downward momentum near the zero axis. The daily level trend is very similar to SATS, with moving averages still tangled together. When a large bullish candlestick appears, many will come forth; hold onto the spot bought at a low and wait for the signal of an upward trend. Daily level resistance at 11000-12000-13250-14400, support at 8800-7730-6700-6200.
The daily line is a small bullish line with a long lower shadow, and the trading volume is 80% of the previous day. The price has returned above the upward trend line of the daily line. The daily MA30 line maintains an upward trend, and the MACD shows a weakening downward momentum above the zero axis. After the daily line once again tested the support of the MA30 line, a rapid rebound trend formed, and the price has returned to the previous consolidation range, where a slight adjustment will occur before another upward trend, provided that Bitcoin does not drop. The trend of ORDI is much more attractive than that of SATS, and the indicator formation is also high. If there are two bullish daily lines, the MACD will golden cross upwards, driving the price to continue rising.
The daily line is a small bullish candle with a long lower shadow, and the trading volume is about half of the previous day, indicating a short-term rebound after hitting the bottom. The daily MA30 line is still in a downward trend, and the MACD shows weakening downward momentum close to the zero axis. After the daily level dropped to the support of the blue neckline, it formed a fluctuating upward trend. Bitcoin is still reaching new highs. If Bitcoin stabilizes, the inscription will continue to rebound; if Bitcoin drops, the inscription will certainly fall as well. This is the last drop, so be brave to get in. Daily level resistance at 2590-2820-3080-3210-3490, support at 2210-1900-1830-1620
The daily line is a small bullish candlestick in a doji star formation, with trading volume slightly more than half of the previous day, belonging to an adjustment pattern after a rapid rise. The daily MA30 line maintains an upward trend, and the MACD shows an increasing momentum above the zero axis. The price has created a new historical high, and the daily level still maintains a relatively strong trend. As long as Bitcoin does not fall, SOL will continue to choose to consolidate at high levels, and after a period of oscillation and adjustment, it will continue to push upwards. However, if Bitcoin falls back, SOL will definitely follow the decline. Daily level resistance at 270-283-300-315, support at 245-221-204.5-195.2.
The daily line shows a small bearish candle with long upper and lower shadows in a cross star pattern, with trading volume being three-fifths of the previous day, indicating an adjustment pattern after a rapid rise. The daily MA30 line maintains an upward trend, and the MACD shows an increasing bullish momentum above the zero axis, but the volume bars are not as high as in the previous wave, indicating a need to pay attention to the weakening bullish momentum and price correction. The hourly trend is synchronized with Bitcoin's movement; after a rapid rise, the bullish strength is diminishing, and the bears take the opportunity to counterattack. Both sides are evenly matched, with neither gaining an advantage, and after a period of adjustment, the battle will continue.
The daily line is a small bullish candlestick with upper and lower shadows in a doji pattern, with trading volume around two-thirds of the previous day. The price is getting closer to the $100,000 mark, and there is a lot of pressure. The daily MA30 line maintains an upward trend, and the MACD shows an increase in bullish momentum above the zero line, but the volume bars are much smaller compared to before, indicating a significant decrease in upward momentum. The current doji pattern on the daily line indicates that neither the bulls nor bears have gained the upper hand, resulting in a stalemate. A short-term consolidation is needed before continuing the momentum for another round of battle.
The daily line is a small bullish line with long upper and lower shadows, and the trading volume is a quarter more than the previous day. The daily MA30 line is still in a slight downtrend, and the MACD shows an increasing bearish momentum near the zero axis. The price has rapidly declined on an hourly level, finding support near the previous neckline and forming a rebound trend on an hourly level. The trading volume has been relatively large in the last one or two weeks, and with the increase in trading volume, there has been a lot of turnover of shares. The closer we get to the daily support level, the bolder we can be in gradually buying the spot, with at least a doubling potential upside and a maximum downside of about 30%, making the risk-reward ratio favorable in the medium term.
The daily line is a bullish candle with a long lower shadow and a short upper shadow, and the trading volume is about one-third more than the previous day, indicating a rebound trend in a fluctuating downward market. The daily MA30 line maintains an upward trend, and the MACD shows a weakening downward momentum above the zero axis. After the price briefly broke below the daily MA30 line support, it quickly dropped to near the daily MA120 line, where it received strong support and then formed a strong rebound trend at the hourly level. The price closed below the daily rising trend line but above the MA30 line. In the short term, it may continue to decline to test the support strength of the MA30 line. Bitcoin may break through the 100,000 mark, and after stabilizing from the retracement, there will be significant market activity for inscriptions.
The daily candlestick is a bullish candle with long upper and lower shadows, and the trading volume is 50% higher than the previous day. The daily MA30 line is still showing a slight downtrend, and the MACD is showing weakening downward momentum close to the zero line. The trend is still oscillating downwards, entering a new oscillation range to continue the oscillation. Yesterday, the price fell and touched the support level near 2210, forming a rebound at the hourly level. The daily level will continue to oscillate and adjust. Bitcoin has not reached its peak, and the inscriptions will not perform well. It is recommended to buy spot at the daily support level during dips. Resistance levels at the daily level are 2590-2820-3080-3210-3490, support levels are 2210-1900-1830-1620.
The daily line is a large positive line with short upper and lower shadows and an amplitude of more than 12%. The trading volume is one-third more than the previous day, which is a significant increase in volume. The daily MA30 line maintains an upward trend, and MACD shows an increasing upward momentum above the zero axis. After three days of adjustment, the daily line has pulled up another big positive line. This is an absolutely strong trend. It is only one step away from the historical high of 259.9, and it is possible to break through today. What needs to be noted is that after breaking through, there are many pressure levels at the integer levels of 270/280/290/300. When the integer levels are reached, there will be a short-term downward correction trend.
The daily line is a relatively long bullish candlestick with a short upper shadow, and the trading volume has doubled compared to the previous day, indicating a volume-supported rise. The daily MA30 line maintains an upward trend, and the MACD has shifted from increasing bearish momentum to increasing bullish momentum above the zero line. The influence of the large bullish candlestick has led to a reversal of the short-term strong trend. The rise of Ethereum has driven the rise of various tokens in the Ethereum ecosystem. In the next three days, there will still be varying degrees of upward trends, and it is possible to capture a wave in the short term. Currently, Ethereum is consolidating at a high level on the hourly chart. After the adjustment, it will further push upwards, but if Bitcoin falls, Ethereum will definitely follow suit.
The daily candlestick is a bullish candle with a short upper shadow and a relatively long body, and the trading volume is about double that of the previous day, indicating a substantial increase. The daily MA30 line maintains an upward trend, and the MACD shows a weakening upward momentum above the zero line. The trend remains strong as always, with significant capital still flowing into the US stock market. Investors remain optimistic, and with the support of US media, it is only a matter of time before Bitcoin breaks through the $100,000 barrier. Today is Friday, and for the next three days, the US stock market will be closed. It is important to note that after the short-term price continues to surge to $100,000, profit-taking may occur, leading to a significant price drop. Bitcoin will also adjust accordingly.
The liquidation data for the entire network contracts in the past 24 hours is quite interesting. You will see that the liquidation amount for others is actually larger than that of Bitcoin, where others refers to altcoins. The price of Bitcoin continues to rise, constantly setting new highs, while altcoins are experiencing a self-induced decline, with a large number of long positions in altcoins being liquidated. If the price of Bitcoin falls, then there will be more long positions in altcoins liquidated.
#In terms of inscriptions, the trends of the #Inscriptions Three Stooges $SATS $ORDI $RATS are basically the same, all in a downward adjustment. As long as Bitcoin does not peak, this strong fluctuating upward trend will continue, and the inscriptions will not perform too well. In our recent market commentary, we provided everyone with daily support levels, and you can buy spot near the support levels when there is a dip. Even if you get stuck, it won't take long to break even. However, just go in fully at once; it’s better to buy in batches when the price dips. When Bitcoin drops and adjusts, altcoins will all crash, and a golden pit will emerge, which is your best opportunity to enter the market. Inscriptions only need one leader to appear, and the others will follow. A little patience is needed.
The daily line again shows a small bearish line with upper and lower shadows resembling a doji pattern, with trading volume basically unchanged from the previous day. After reaching a new high, the price has formed a fluctuating downward pullback trend. The daily MA30 line maintains an upward trend, and the MACD shows a weakening upward momentum above the zero axis. Overall, the trend remains strong, with a small degree of decline, but the fluctuations at the hourly level appear to be relatively large. This kind of fluctuating adjustment trend should not last too long. Bitcoin has already reached a historical high, and I believe SOL will soon follow. After a good adjustment, it will still push up again. However, after breaking the historical high of 259.5, there will definitely be a wave of daily-level downward pullback that needs attention.
The daily line is a small bearish candle with upper and lower shadows resembling a doji, with trading volume basically flat compared to the previous day, still maintaining a volatile trend. The daily MA30 line maintains an upward trend, and the MACD shows an increased downward momentum above the zero axis. The movement of Ethereum is much weaker, still in a state of fluctuation. Until Bitcoin reaches its peak, it will maintain this weak trend. Ethereum is the leader of altcoins; you can gauge the overall trend of altcoins by watching Ethereum. If Bitcoin falls back, then Ethereum will definitely fall as well. The target positions will return to the vicinity of the daily MA30 line and MA120 line, looking for support before rebounding, with prices at 2820 and 2650 respectively.
The daily line is a small bullish line with short upper and lower shadows, and the trading volume is basically the same as the previous two days, belonging to a fluctuating upward trend. The daily MA30 line maintains an upward trend, and the MACD shows weakening upward momentum above the zero axis. After falling yesterday, the price rose again, hitting a high of $94831 early this morning, leading to a short-term profit-taking and a slight downward adjustment, currently maintaining a high-level fluctuating trend. Overall, it still maintains a strong upward trend, which is expected to last for some time, but the moving average indicators are quite divergent, and there is less than 10% upward space to the integer level of $100000, so caution is needed for a quick rise to $100000 followed by a downward retracement.
The daily line is a small bearish candle with a long lower shadow, and the trading volume is about one-third less than the previous day, indicating a downward oscillating trend. The daily MA30 line is still in a downward trend, and the MACD is near the zero axis, transitioning from weakening upward momentum to strengthening downward momentum. The price is still further probing downward, and the moving averages are still entangled together. Short-term adjustments need to continue, with strong support levels remaining in the previous 10000-9400 range. Buying on dips in the spot market, we are waiting for a weekly level rally. 90% of the gains are achieved within 10% of the time. When there is no rally, it’s rubbish; when there is a rally, it’s a fighter jet.
The daily line is a small bearish candle with a long lower shadow, and the trading volume is about half of the previous day, indicating a fluctuation downward trend. The daily MA30 line maintains a slight upward trend, and the MACD shows an increasing bearish momentum not far above the zero axis. The price has just dropped and touched the daily MA30 line and EMA52 line, forming a relatively good rebound, which is consistent with the position mentioned in our market commentary yesterday. In the short term, the price still needs to continue to probe downward, testing the support strength of this position, and it is still possible to buy in batches. If there is a pullback to the area of the daily MA30 line and MA120 line, it would be a very good entry point, with the price between 33.5-36.
The daily line is a bearish candle with a long lower shadow, the bearish candle body engulfs more than half of the previous bullish candle body, and the trading volume is one-third less than the previous day, belonging to a wide-range fluctuation trend. The daily MA30 line is still in a downtrend, MACD is showing weakened upward momentum near the zero axis. If today continues to close with a bearish candle, the MACD fast and slow lines will form a death cross, and the daily level adjustment will continue. There isn't much to say in the short term, the wide-range fluctuation trend will last for a while, Bitcoin is still continuously hitting new highs, and there is no need to rush anything for now. We must wait for Bitcoin to drop back and consolidate before there is an opportunity for a breakout.