$BTC I reminded everyone this morning that the market is really dangerous now. Bitcoin is hitting new highs every day, while altcoins are not moving at all, including Dogecoin, which previously closely followed Bitcoin, $DOGE , has also not moved.
A liquidation chart can prove many things. Now the trading volume has increased, and the number of people trading is gradually growing. However, the crazy surge of Bitcoin does not show a strong bullish sentiment.
Next, let's take a look at the liquidation statistics. The main liquidations are all long positions. Bitcoin has been rallying, so why are there still main liquidations of long positions? Because altcoins are not following the market trend, only Bitcoin is rising.
A child only growing a head and not a body would be called deformed. The market is also only rising with Bitcoin and not with altcoins, which can easily lead to a collapse. So if Bitcoin falls, how will altcoins play? Again, it's time to buy the dip.
$BTC 1 hourly line has another wave of rapid decline, which also allows Bitcoin to successfully test the strong support level of 94,000. Now there is a needle, but I feel it is far more than that. Bao disagrees with owning Bitcoin, which is a slap in the face of Trump and Musk. Now that the face has been slapped, it can't be stopped. Let's look forward to Trump's coming to power. It's a bit difficult to turn around this month, plus the year-end, unless they reconcile. Today, Friday, the market will immediately enter a cold weekend market. If it falls below 94,000 and stands firm in the box below, we may see Bitcoin testing the 90,000 level on the weekend night.
Now the market is falling, it is a good time for us to lay out spot
Now many coins are about to pull back to strong support, so we have to start laying out. Dogecoin is not recommended for the time being. At that time, it followed the market's pull-up and a wave of positive news had appeared. It may not have risen to the right level, but the risk of being cut is very high
It is recommended to play some leading stocks in the sector. The MEME sector can only be played with $PEPE . The Ethereum series can be considered. After all, the big funds of Ethereum are still gradually flowing in. The real positive news has not appeared yet. It can be operated. There are also inscriptions of $ORDI and $WIF . It has been performing well since the last black swan. It is still okay to see 4
Old Bao's words are really effective; every time a meeting is held, the market crashes once.
After a whole day today, only $BTC and $ETH have shown minor corrections, and I won't comment on the other altcoins; the market is in despair.
Looking at it now, there are still no signs of a bottom, but chasing shorts is very dangerous. Let's wait for a correction; after the correction, we can short at a higher point.
After Christmas, the market situation will get a bit better.
There is an important Federal Reserve interest rate decision at 3 AM
Analyzing before the data
The data is expected to be favorable, but I just checked the clearing chart, and it is currently very full. Although the data is good, considering the market's counter-intuitive nature, there may be a spike, first dropping and then rising.
If $BTC drops to 93800, it can clear long positions of 2.5 billion. It will definitely rise tonight; short positions have become too bloated, and if it rises to 115900, it can clear short positions of 4 billion.
Recently, although Bitcoin and Ethereum have performed well, altcoins haven't moved much, all stuck at the bottom. The U.S. New Year is approaching, and there will be a wave of benefits. If the market falls a bit more, the altcoins will directly collapse. How can the American people have a good New Year? There will be a lot of resentment, which is not beneficial for Trump's ascendance.
Now Squirrel $PNUT has also come to our first position (1)
Squirrel's trend is completely consistent with what I analyzed with you yesterday. I also told a brother in the comment area yesterday that there will be a wave of long-term lure. Now the long-term lure has also been completed. The next step is a pin
We are precautionary, but we still need to cover positions near (1). The current price of 0.988 is a good position for covering positions. The pin is expected to be 0.95-0.8
The sun at dawn is just around the corner. Control your position well and don't fall before the sun shines on the earth.
LIVE
某先生
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Today, it was discovered that the little squirrel $PNUT has nearly pulled back to the target.
Since the last rise to a certain peak, it has been in a fluctuating downward trend. Now it has once again reached a strong support and overbought area, near (1). We know that as long as it falls to around 1, there will be significant funds buying in. The area around 1 is also a psychological defense line for us retail investors.
The price has now reached around 1.06, and it is now possible to take a small position for the initial entry. I am afraid the big players will not give us the chance to enter, and the area around 1 is the first replenishment point, while 0.9 is a precautionary measure for a spike and also our second replenishment point.
Contracts can also be traded, with low leverage. The entry point is the same as for spot trading, and it is recommended to take 5% of your position each time you enter.
The market is really weak now! Let's take a look at $ETH
It has been in a correction since it rose to a certain high point in the early morning yesterday. The selling pressure above 4100 is very serious. It has happened twice this month. It was smashed down as soon as it touched 4100
Looking at the current 4-hour K-line, it is still going to go down. Now it has also touched the small support level. It seems that it can't hold up. The big support below is 3550. It is highly likely that it will not pull back so much. The market does not allow greedy stop loss 81 now
It is almost the same as pulling back to 3740. This is also the ideal position for me to consider going long
$WIF has been retracing and accepting reshuffling since breaking through 4 until today. Now there are signs of bottoming out and a rebound with a pin bar. The 4-hour chart shows a stop in the decline, so we can build positions in the spot market now. I am referring to the spot market; contracts are not included here as the risk is very high. This time, we could see 4 above.
This week, Bitcoin and Ethereum have performed very well, and altcoins are not far behind.
WIF recommendation: Take the first position at 0.75, leaving a position for averaging down. (The key point is that after Trump takes office, any favorable news should be fully sold regardless of whether it's a loss or a profit; favorable news becoming reality means unfavorable news.)
Today, it was discovered that the little squirrel $PNUT has nearly pulled back to the target.
Since the last rise to a certain peak, it has been in a fluctuating downward trend. Now it has once again reached a strong support and overbought area, near (1). We know that as long as it falls to around 1, there will be significant funds buying in. The area around 1 is also a psychological defense line for us retail investors.
The price has now reached around 1.06, and it is now possible to take a small position for the initial entry. I am afraid the big players will not give us the chance to enter, and the area around 1 is the first replenishment point, while 0.9 is a precautionary measure for a spike and also our second replenishment point.
Contracts can also be traded, with low leverage. The entry point is the same as for spot trading, and it is recommended to take 5% of your position each time you enter.
I believe everyone is quite confused about the current market, so let's talk about it
This morning, Bitcoin and Ethereum surged wildly, with Bitcoin breaking through new highs again. However, the major altcoins seem to be very weak; not only did they fail to make a breakthrough, but when Bitcoin dipped slightly, the altcoins plummeted.
I believe that apart from those in contracts, how many people really hold Bitcoin and Ethereum in spot? So today's surge seems to have nothing to do with us, rather, its slight drop puts our spot holdings in jeopardy.
Speaking of Christmas, if the U.S. stock market cannot continue to rise this week, our altcoins will be even more at risk.
It seems that all we can do now is passively hold. Cutting losses is clearly an ambiguous choice. There will definitely be some good news before Trump takes office, and then we will have the initiative in our hands.
On the subject of contracts, both going long and going short are risky. The U.S. is approaching year-end, and many people will definitely choose to sell their coins to prepare for the New Year. Unless we see a short-term bottom, blindly going long will truly be like drawing water with a basket, a total waste.
Currently, we can clearly know that the bottom for Bitcoin is at 94,000.
In the morning, a large number of buys appeared in Trump's address. The market also ushered in a small spring. The big cake broke through the new high again. As the first echelon, #meme板块关注热点 must be not far away
Now both dog and Pepe have come above the support level. There are signs of stopping the decline in the short term. You can ambush a long order with a small position and leave a position for replenishment
Dog's signs of stopping the decline are the most obvious, but Musk seems to be unable to take care of dog recently. It is a bit of a gamble. You can consider it
It is recommended to ambush near pepe0.000023, doge: 0.4
$BTC Weekly closing hits a new historical high, market trend analysis
With the market steadily rising slightly over the weekend, and the liquidation of a large number of short positions near previous highs, the market welcomed a new milestone over the weekend. Particularly at 8:00, as the closing price triggered numerous buy signals for trend-following strategies across different timeframes, there was a significant amount of buying activity in both futures and spot markets.
Currently, the market's focus has shifted to the 'sustainability of demand after hitting a new high.' Before the opening of the US stock market tonight, if the price fails to maintain above 103,000, it could indicate that demand is not sustainable, and the market may experience a fake breakout pullback again after the new high.
However, if the price can continue to oscillate upwards and successfully stabilize above 104,000, then I predict that the oscillating upward trend may accelerate, leading to a small-scale rally, with the target price on Friday potentially stabilizing around 108,000.
In short, before the opening of the US stock market, investors need to closely monitor whether a false breakout occurs. If a false breakout happens (price falls below 103,000), it may provide a short-term shorting opportunity.
From a long-term perspective, the market remains in a bullish trend of oscillating upwards, with a solid structure, and investors need not worry excessively. #比特币战略储备
$BTC Today is a very good start for Monday. This morning, Bitcoin broke through the historical high again, and Ethereum also reached a new height. Now Bitcoin has broken through the upper pressure and successfully stood at 106,500. It feels that it is far from over. Now we can focus on the mainstream altcoins. Today, it seems that only Bitcoin and Ethereum have risen. Other mainstream altcoins have risen, but not as strong as we imagined. It’s like Bitcoin’s rise has given the altcoins a little afterglow. Focus on the leaders of each sector and hot coins. I believe that the market has risen so much today, and they will soon take action. I’m talking about big actions. $DOGE $WIF
The current market is really tormenting. $BTC has dropped below one hundred thousand and then went up.
Mainstream altcoins led by $ETH have been in a state of correction since that surge one night, as if their spirit has been drained, but they keep oscillating downwards without really dropping.
Now, whether it's Bitcoin or altcoins, they both need an opportunity to soar.
I recommend focusing on certain sectors, like inscriptions and AI, especially the leading coins with high popularity. Don't play with those low-quality coins; they may also take off, but without purpose or reason, they are all manipulated by big players, and the risk is very high.
$ETH has gone through a wave of adjustments, and now the secondary market has returned to the lower edge of the rising channel. The trend is still not very stable, so it would be good to observe for a while. If it continues to oscillate like this until 9 PM, after the US stock market opens, there may be a pullback. If it can rise above 3940 by 9 PM, then it can be bought at the current price.
I know that what I'm saying makes you feel confused, because if it doesn't break through the upper trend line, the risk of going long is very high.
The Audi $ORDI , which had a sharp decline in the past two days, has been criticized by us.
Last night, a wave of positive news in the market led to a collective surge, but it did not follow suit. However, after the decline, it found a bottom around 31 and then started to rebound. Although it didn't rise in one go like the market did last night.
Audi has been very cautious, always oscillating upwards. It has now broken through the resistance level of 36.6, which has now turned into a support level. The overall trend is in sight, just waiting for a breeze to blow towards the inscription sector, and then Audi will take the lead in charging forward, rising with a strong upward movement.
Recommendation: Settle in around 35.5-37 and wait for takeoff, with the upper target seeing 45.
Squirrel $PNUT , which rose so sharply last night, has also fallen back now.
Looking at it now, it still hasn’t pulled back in place in 1 hour. In addition, the market is at a high level now, and the selling pressure on the top of the big cake is still very serious. The big cake has lost half of yesterday’s gains. I think the cottage has collapsed, so those who have orders now can consider running away. Do you consider getting on board after the pullback is over?
It is recommended to ambush and get on board near 1.14