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$BTC Morning Trading Strategy
Brothers, I'm back again. Today, let's try a big coin to test the waters. Recently, altcoins have been falling like crazy, so let's focus on the mainstream coins. Below, I'll share my personal views for today for your reference.
The strategy of rapid rises and slow declines really works like a charm for the market makers. There hasn't been much action these past few days—it's been a slow decline that can drain your spirits. But don't worry; the brave will enjoy the world first.
The big coin hit 110,000, just 1,200 points shy of breaking through, and then it fell all the way down to around 94,000. It corrected about 13%, while altcoins generally saw a halving in their corrections. So, I suggest everyone try contracts with mainstream coins; at least you won't lose so much. Currently, the market is in a downward trend, but there are clear signs of a bottoming out around 92,500, indicating that the support level below is quite strong. However, we can't rule out the possibility of it being a false signal. You can chase a long position around here, but if it breaks below, it will likely plummet towards 88,000. The last time the 92,000 support level was hit was ten days ago. The market makers worked hard to push it that high, so it's unlikely to drop again unless there are negative news events like last time with old Powell. Right now, being around 94,000 is not at a very low point, so you can prepare to go long a bit.
Without further ado, let's get in.
Looking bullish between 93,000 and 93,500, with a target near 95,000.
Brothers, the day after tomorrow is New Year's Day. Where are you all going to celebrate the New Year?
Brothers, I'm back again. Today, let's try a big coin to test the waters. Recently, altcoins have been falling like crazy, so let's focus on the mainstream coins. Below, I'll share my personal views for today for your reference.
The strategy of rapid rises and slow declines really works like a charm for the market makers. There hasn't been much action these past few days—it's been a slow decline that can drain your spirits. But don't worry; the brave will enjoy the world first.
The big coin hit 110,000, just 1,200 points shy of breaking through, and then it fell all the way down to around 94,000. It corrected about 13%, while altcoins generally saw a halving in their corrections. So, I suggest everyone try contracts with mainstream coins; at least you won't lose so much. Currently, the market is in a downward trend, but there are clear signs of a bottoming out around 92,500, indicating that the support level below is quite strong. However, we can't rule out the possibility of it being a false signal. You can chase a long position around here, but if it breaks below, it will likely plummet towards 88,000. The last time the 92,000 support level was hit was ten days ago. The market makers worked hard to push it that high, so it's unlikely to drop again unless there are negative news events like last time with old Powell. Right now, being around 94,000 is not at a very low point, so you can prepare to go long a bit.
Without further ado, let's get in.
Looking bullish between 93,000 and 93,500, with a target near 95,000.
Brothers, the day after tomorrow is New Year's Day. Where are you all going to celebrate the New Year?
Aviso legal: contém opiniões de terceiros. Não é um aconselhamento financeiro. Pode incluir conteúdo patrocinado. Consulte os Termos e Condições.
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