大跌
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#美SEC：Meme币非证券 #大跌
The market is crashing, I'm so scared,
I'm falling apart all over the place!
Gambling Auntie, I'm laughing ha ha,
Defying fate, I'm blowing my horn!
Tick-tock, tick-tock, tick-tock,
I want to go home and find my mom!
The market is crashing, I'm so scared,
I'm falling apart all over the place!
Gambling Auntie, I'm laughing ha ha,
Defying fate, I'm blowing my horn!
Tick-tock, tick-tock, tick-tock,
I want to go home and find my mom!
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#大跌 #美国加征关税
Hundreds of thousands of retail investors have run away, and even the big players are struggling!
The normal correction of Bitcoin has caused a wave of collapse!
Thanks to Bybit, thanks to the hacker empire of North Korea.
Thanks to the reckless swinging of the American tariff club!
This wave has gained global notoriety.
Many people are digging for news and reasons, and many are adding blood to the blade, shorting contracts at 50 times.
At this moment, the most important thing is to stay calm and set up tiered positions.
The bull market in the crypto circle will not end at this moment; the grand narrative logic is slowly unfolding.
For example: RWA, AI + web3.0
A strong rebound is still brewing, so don't rush to panic over this moment's dismal situation!
Hundreds of thousands of retail investors have run away, and even the big players are struggling!
The normal correction of Bitcoin has caused a wave of collapse!
Thanks to Bybit, thanks to the hacker empire of North Korea.
Thanks to the reckless swinging of the American tariff club!
This wave has gained global notoriety.
Many people are digging for news and reasons, and many are adding blood to the blade, shorting contracts at 50 times.
At this moment, the most important thing is to stay calm and set up tiered positions.
The bull market in the crypto circle will not end at this moment; the grand narrative logic is slowly unfolding.
For example: RWA, AI + web3.0
A strong rebound is still brewing, so don't rush to panic over this moment's dismal situation!
See original
Analysis of the sharp decline, bottom-fishing opportunities, how Buffett's grandson plans to spend the money
Analysis of the reasons for Bitcoin's recent sharp decline
1. Multiple adverse events overlapping
Hacker attacks and exchange security crises: The Bybit exchange was hacked on February 21, losing $1.5 billion worth of ETH and stETH (one of the largest thefts in history), sparking a crisis of trust in the security of centralized exchanges. The hacker's dumping of stolen assets further exacerbates short-term selling pressure.
Technical breakdown and leverage liquidation: Bitcoin fell below the key support level of $92,000, triggering programmatic stop-losses and leverage liquidations. More than $900 million was liquidated across the network in the past 24 hours, with 92% being long positions, forming a vicious cycle of 'long liquidation.'
1. Multiple adverse events overlapping
Hacker attacks and exchange security crises: The Bybit exchange was hacked on February 21, losing $1.5 billion worth of ETH and stETH (one of the largest thefts in history), sparking a crisis of trust in the security of centralized exchanges. The hacker's dumping of stolen assets further exacerbates short-term selling pressure.
Technical breakdown and leverage liquidation: Bitcoin fell below the key support level of $92,000, triggering programmatic stop-losses and leverage liquidations. More than $900 million was liquidated across the network in the past 24 hours, with 92% being long positions, forming a vicious cycle of 'long liquidation.'
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Last night, the U.S. stock market plummeted, triggering a large-scale follow-up collapse in the cryptocurrency circle.
Last week, U.S. consumer data showed that consumers are still worried about future inflation. At the same time, the outlook for future performance in the financial reports of large retailers including Walmart also reflects that the U.S. economy may face weak consumption in the future, and U.S. stocks continue to fall.
Large technology giants are the first to bear the brunt. The stock prices of technology giants with large capital expenditures in artificial intelligence, such as Microsoft, Amazon, Google, and Meta, have all fallen significantly, and Nvidia's stock price has plummeted by more than 3%.
In addition, Trump said that the tariff policy on Canada and Mexico will continue to be implemented, which has also increased investors' concerns.
At present, it is a fact that the overall liquidity of the venture capital market is tight. Any slight disturbance will cause panic trading, but overall, the U.S. stock market is still the biggest weather vane.
#崩盘担忧 #大跌
Last week, U.S. consumer data showed that consumers are still worried about future inflation. At the same time, the outlook for future performance in the financial reports of large retailers including Walmart also reflects that the U.S. economy may face weak consumption in the future, and U.S. stocks continue to fall.
Large technology giants are the first to bear the brunt. The stock prices of technology giants with large capital expenditures in artificial intelligence, such as Microsoft, Amazon, Google, and Meta, have all fallen significantly, and Nvidia's stock price has plummeted by more than 3%.
In addition, Trump said that the tariff policy on Canada and Mexico will continue to be implemented, which has also increased investors' concerns.
At present, it is a fact that the overall liquidity of the venture capital market is tight. Any slight disturbance will cause panic trading, but overall, the U.S. stock market is still the biggest weather vane.
#崩盘担忧 #大跌
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#大跌
The reason for the big drop has finally been found
Targeted explosion!
Targeted explosion!
Targeted explosion!
It’s not the California bill, the US tariffs on Canada and Mexico, or the ETH hackers laundering coins.
It’s the dealers who joined forces to crack down on the big dog investors.
A direct explosion of 159 million US dollars.
The dealers know that the retail investors have no money............
It’s ruthless!
The reason for the big drop has finally been found
Targeted explosion!
Targeted explosion!
Targeted explosion!
It’s not the California bill, the US tariffs on Canada and Mexico, or the ETH hackers laundering coins.
It’s the dealers who joined forces to crack down on the big dog investors.
A direct explosion of 159 million US dollars.
The dealers know that the retail investors have no money............
It’s ruthless!
See original
#比特币
#大跌
I wrote an analysis in the afternoon. I said that Bitcoin is going to fall. So I will make a prediction about the market trend in the next few days. It is also a blind box guessing game!
‼ ️Summary of Bitcoin's recent market forecast
Bitcoin's evening market trend, the overall trend is down, and the expected price of this round of decline is 58,000.
Market fluctuations: Today's high point is 70000, and the current low point is 65456. After a slight rebound to 65700-66200, it fluctuated again, and then fell to around 65300, and then rebounded slightly to 65700. After entering the oscillation again, it fell sharply to around 64500, and then rebounded to 65200-65800. It fluctuated sideways in the range of 63800--65300 for two days, and then fell sharply to around 61000. After rebounding to 63000 and maintaining fluctuations, it fell below 60000 and touched 59300. It broke through 59000.
The analysis is just a reference. If you don't like it, just take it as a joke. I wish you all good luck and victory!
#大跌
I wrote an analysis in the afternoon. I said that Bitcoin is going to fall. So I will make a prediction about the market trend in the next few days. It is also a blind box guessing game!
‼ ️Summary of Bitcoin's recent market forecast
Bitcoin's evening market trend, the overall trend is down, and the expected price of this round of decline is 58,000.
Market fluctuations: Today's high point is 70000, and the current low point is 65456. After a slight rebound to 65700-66200, it fluctuated again, and then fell to around 65300, and then rebounded slightly to 65700. After entering the oscillation again, it fell sharply to around 64500, and then rebounded to 65200-65800. It fluctuated sideways in the range of 63800--65300 for two days, and then fell sharply to around 61000. After rebounding to 63000 and maintaining fluctuations, it fell below 60000 and touched 59300. It broke through 59000.
The analysis is just a reference. If you don't like it, just take it as a joke. I wish you all good luck and victory!
See original
How to deal with the plunge in the cryptocurrency market
Today, I went out to sea with Brother Dadao and sea fishing expert Steven to fish squid early in the morning. We didn't get home until nine o'clock in the evening. It turns out that only when the market is not good can we be so luxurious and ignore the market all day. Anyway, the grid and fixed investment robots are working hard.
It's great to have a master with you. The squid exploded and the bucket was full. The huge manta ray was as gentle as a kitten 🐱 swimming at your feet. It was super stress-relieving to sail a boat unscrupulously in the evening with the sea breeze blowing.
As an old leek who has experienced almost all the plunge days in the cryptocurrency circle, I give you a piece of advice: Don't stare at the market when the market is not good. It's useless and easy to make wrong decisions under extreme emotions. What you need is to go out and breathe fresh air or lift weights, sweat, and let endorphins cheer you up.
After cleaning up the squid, I'd like to share my views on the subsequent market:
I personally think that the United States will not sit idly by and watch the war expand. Now both Iran and Israel are shouting harsh words, but the United States is trying its best to mediate, and has made countless calls to Iran through various countries, including China and Turkey. This incident is likely to end up like the bombing of Sulaimani, through a third country using drone missiles to bomb some not very important targets, and the war of words between the two sides will be over.
The continuous liquidation of the day before yesterday made many people feel extremely uncomfortable, but if you look at $BTC , it is still around 64,000, and it has not even fallen below 60,000, so the bull market rhythm is still there. Relatively speaking, the cottage directly experienced a 30-70% correction due to the shortage of liquidity, which basically killed all leveraged positions.
In addition, the two days before yesterday and yesterday, the basic long contracts were all dead. Now from the perspective of leverage, the health is relatively high, which means that it is not easy for shorts to eat big meat now. I hope that the bloodbath in the past two days will be enough sacrifice as a new high in the subsequent market.
The reaction of the US stock market tomorrow is more important. If $BTC can continue to stand firm at 65,000, then I think the altcoins have basically bottomed out (I mean the real altcoins). If it fails to stand firm and falls below 60,000, OK, I will apply for an Australian Meituan uniform first
2275569014#MarketAnalysis #大跌 #币圈生存指南 #大盘走势
Today, I went out to sea with Brother Dadao and sea fishing expert Steven to fish squid early in the morning. We didn't get home until nine o'clock in the evening. It turns out that only when the market is not good can we be so luxurious and ignore the market all day. Anyway, the grid and fixed investment robots are working hard.
It's great to have a master with you. The squid exploded and the bucket was full. The huge manta ray was as gentle as a kitten 🐱 swimming at your feet. It was super stress-relieving to sail a boat unscrupulously in the evening with the sea breeze blowing.
As an old leek who has experienced almost all the plunge days in the cryptocurrency circle, I give you a piece of advice: Don't stare at the market when the market is not good. It's useless and easy to make wrong decisions under extreme emotions. What you need is to go out and breathe fresh air or lift weights, sweat, and let endorphins cheer you up.
After cleaning up the squid, I'd like to share my views on the subsequent market:
I personally think that the United States will not sit idly by and watch the war expand. Now both Iran and Israel are shouting harsh words, but the United States is trying its best to mediate, and has made countless calls to Iran through various countries, including China and Turkey. This incident is likely to end up like the bombing of Sulaimani, through a third country using drone missiles to bomb some not very important targets, and the war of words between the two sides will be over.
The continuous liquidation of the day before yesterday made many people feel extremely uncomfortable, but if you look at $BTC , it is still around 64,000, and it has not even fallen below 60,000, so the bull market rhythm is still there. Relatively speaking, the cottage directly experienced a 30-70% correction due to the shortage of liquidity, which basically killed all leveraged positions.
In addition, the two days before yesterday and yesterday, the basic long contracts were all dead. Now from the perspective of leverage, the health is relatively high, which means that it is not easy for shorts to eat big meat now. I hope that the bloodbath in the past two days will be enough sacrifice as a new high in the subsequent market.
The reaction of the US stock market tomorrow is more important. If $BTC can continue to stand firm at 65,000, then I think the altcoins have basically bottomed out (I mean the real altcoins). If it fails to stand firm and falls below 60,000, OK, I will apply for an Australian Meituan uniform first
2275569014#MarketAnalysis #大跌 #币圈生存指南 #大盘走势
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Vitalik Buterin is furious, copycat stocks collectively plunge, is the market reaching a critical turning point?
A short-term sell-off swept the market. After breaking through a new high, Bitcoin was weak in the follow-up and ushered in a demand-driven correction. The price fluctuations directly reflected the market sentiment.
In the past 24 hours,
Bitcoin fell more than 3%.
The price fell below the support level of 12000.
Shanzhai stocks also generally followed the decline.
There is no sign of stopping the decline at the moment.
This also shows that the selling force in the market is dominant.
Reasons for the decline:
1. The negative news about Japan's interest rate hike is coming.
Every time the Bank of Japan raises interest rates,
The crypto market will trigger a sharp short-term correction.
Because, the yen interest rate hike will lead to the appreciation of the yen.
In the past 24 hours,
Bitcoin fell more than 3%.
The price fell below the support level of 12000.
Shanzhai stocks also generally followed the decline.
There is no sign of stopping the decline at the moment.
This also shows that the selling force in the market is dominant.
Reasons for the decline:
1. The negative news about Japan's interest rate hike is coming.
Every time the Bank of Japan raises interest rates,
The crypto market will trigger a sharp short-term correction.
Because, the yen interest rate hike will lead to the appreciation of the yen.
📉 About to plummet? Don't panic! 🚫
The recent correction, marking the first major downturn in this bull market, may seem daunting. But fear not! 🌟 Despite the 11% retracement from the recent high, futures and options positions on CME and @deribitexchange's #BTC remain at record highs. 📈
💼 Now's the time to seize the opportunity and adjust your position wisely. 💡 Don't let market fluctuations intimidate you – they present chances to refine your strategy and layout.
💪 In times of uncertainty, it's natural to hesitate, but remember, every surge presents new opportunities. 🚀 Consider fixed investments in promising targets to navigate the market with confidence. 💰
🔥 The question is: Do you dare? Do you still have bullets? 💥 $BTC $BNB $SOL #行情分析 #大跌 #btc #抄底 🎯🔍
The recent correction, marking the first major downturn in this bull market, may seem daunting. But fear not! 🌟 Despite the 11% retracement from the recent high, futures and options positions on CME and @deribitexchange's #BTC remain at record highs. 📈
💼 Now's the time to seize the opportunity and adjust your position wisely. 💡 Don't let market fluctuations intimidate you – they present chances to refine your strategy and layout.
💪 In times of uncertainty, it's natural to hesitate, but remember, every surge presents new opportunities. 🚀 Consider fixed investments in promising targets to navigate the market with confidence. 💰
🔥 The question is: Do you dare? Do you still have bullets? 💥 $BTC $BNB $SOL #行情分析 #大跌 #btc #抄底 🎯🔍
See original
📢 What’s going on with Bitcoin recently? Buy in Asia, sell in the US?
😎 What’s the current situation:
• Over in Asia: Huge profits, 5% in two weeks!
• The United States: Losing money, falling every day
👀 What are everyone staring at?
The U.S. employment report on September 6th may be a big move:
• Employment was not good last month, the Fed may have to cut interest rates
• The current guess is that it will drop by 0.25% in September.
• If it doesn’t work for two months in a row, maybe it will be reduced by 0.5%!
💡 What does this mean for Bitcoin?
• Good news: If employment is really bad, Bitcoin could take off
• Bad news: If jobs are good, Bitcoin could fall
🎰 What do the experts say?
If you have a chance of rising, open it 50-50!
🤔 Come on, use your brain:
• Why does Asia buy and sell in the United States?
• How should we small retail investors operate?
• Will this report affect the policies of other countries?
⚠️ Friendly reminder: Coin speculation is risky, so be careful!
#大跌 #BTC走势预测
$BTC $ETH
😎 What’s the current situation:
• Over in Asia: Huge profits, 5% in two weeks!
• The United States: Losing money, falling every day
👀 What are everyone staring at?
The U.S. employment report on September 6th may be a big move:
• Employment was not good last month, the Fed may have to cut interest rates
• The current guess is that it will drop by 0.25% in September.
• If it doesn’t work for two months in a row, maybe it will be reduced by 0.5%!
💡 What does this mean for Bitcoin?
• Good news: If employment is really bad, Bitcoin could take off
• Bad news: If jobs are good, Bitcoin could fall
🎰 What do the experts say?
If you have a chance of rising, open it 50-50!
🤔 Come on, use your brain:
• Why does Asia buy and sell in the United States?
• How should we small retail investors operate?
• Will this report affect the policies of other countries?
⚠️ Friendly reminder: Coin speculation is risky, so be careful!
#大跌 #BTC走势预测
$BTC $ETH
See original
#市场预测 #大跌
$BNB $BTC $ETH
When the market falls sharply, many people will say that it is caused by bad news. But in fact, these "shorts" do not have the direct ability to make the market fall. They just use the panic in the market to influence traders' decisions. Just like when someone sees others start selling, they are worried that they will also lose money, so they also sell, which forms the so-called "cut meat" phenomenon. When everyone does this, the market will indeed fall.
However, the market always has ups and downs. Although there may be a lot of bearish voices and opinions in the short term, in the long run, if an industry or market wants to continue to develop, it will eventually rise. It's like you are planting a tree. Although it will sometimes grow slower and even wither some branches sometimes, as long as you are patient, it will eventually thrive.
Now, many people are talking about interest rate cuts. Interest rate cuts mean that there will be more money in the market, which usually makes the market more active. Although the specific time of the rate cut is still uncertain, we can foresee that as long as the rate cut does not happen, people will continue to look forward to the benefits it brings, which also provides the market with expectations for speculation.
In this market correction, those who mainly invest in BNB, ETH, SOL, etc. may not lose much, but those who invest in altcoins may lose more seriously. This tells us that when investing, we should choose projects with strength and potential, rather than blindly pursuing high returns.
Finally, I want to say that investment is risky, but as long as we stay calm, respect the market, invest with spare money, and maintain the habit of fixed investment, we may get stable returns. Remember, don't lose confidence or make impulsive decisions because of short-term market fluctuations.
Again, if you don't know what to do in the currency circle, click on my avatar, follow, bull market spot planning, contract honey 🐎, and share with you.
I need fans, you need references. It's better to follow than to guess.
$BNB $BTC $ETH
When the market falls sharply, many people will say that it is caused by bad news. But in fact, these "shorts" do not have the direct ability to make the market fall. They just use the panic in the market to influence traders' decisions. Just like when someone sees others start selling, they are worried that they will also lose money, so they also sell, which forms the so-called "cut meat" phenomenon. When everyone does this, the market will indeed fall.
However, the market always has ups and downs. Although there may be a lot of bearish voices and opinions in the short term, in the long run, if an industry or market wants to continue to develop, it will eventually rise. It's like you are planting a tree. Although it will sometimes grow slower and even wither some branches sometimes, as long as you are patient, it will eventually thrive.
Now, many people are talking about interest rate cuts. Interest rate cuts mean that there will be more money in the market, which usually makes the market more active. Although the specific time of the rate cut is still uncertain, we can foresee that as long as the rate cut does not happen, people will continue to look forward to the benefits it brings, which also provides the market with expectations for speculation.
In this market correction, those who mainly invest in BNB, ETH, SOL, etc. may not lose much, but those who invest in altcoins may lose more seriously. This tells us that when investing, we should choose projects with strength and potential, rather than blindly pursuing high returns.
Finally, I want to say that investment is risky, but as long as we stay calm, respect the market, invest with spare money, and maintain the habit of fixed investment, we may get stable returns. Remember, don't lose confidence or make impulsive decisions because of short-term market fluctuations.
Again, if you don't know what to do in the currency circle, click on my avatar, follow, bull market spot planning, contract honey 🐎, and share with you.
I need fans, you need references. It's better to follow than to guess.
See original
#美联储何时降息？ #BTC走势分析 #山寨季何时到来？ #大跌
Just finished my math test, and I opened Binance and saw hhhhhh
What a joke, they are all dead, are there any copycat longs left? Playing with chicken feathers😿😿😿😿😿😿😿😿😿😿😿😿😿Since the release of non-agricultural, the copycat stocks have fallen at least five times in two consecutive weeks. Playing with chicken feathers🥹🥹🥹🥹🥹 I am really crying🥹🥹🥹🥹🥹
Playing with eggs🥹🥹🥹🥹🙏🙏🙏😭😭😭🙏🙏
Just finished my math test, and I opened Binance and saw hhhhhh
What a joke, they are all dead, are there any copycat longs left? Playing with chicken feathers😿😿😿😿😿😿😿😿😿😿😿😿😿Since the release of non-agricultural, the copycat stocks have fallen at least five times in two consecutive weeks. Playing with chicken feathers🥹🥹🥹🥹🥹 I am really crying🥹🥹🥹🥹🥹
Playing with eggs🥹🥹🥹🥹🙏🙏🙏😭😭😭🙏🙏
See original
#美联储何时降息？ #币安用户数突破2亿 #BTC走势分析 #山寨季何时到来？ #大跌 $BTC $ETH $BNB
Just finished my math test, and saw another sharp drop. I wanted to write a post to cheer you up, but I wrote a lot but didn’t save it. It disappeared in a flash🥹🥹🥹
In short, no matter how much the spot loss is, if you don’t change the contract, it’s already It exploded or it's almost unbearable, let's all breathe a sigh of relief, everything has already happened🥹🥹🥹
In this market, it's really too difficult to play with copycats. It's not that you can't do it, this market is too difficult🥹🥹As long as people are still there, there will always be opportunities. Don't deny yourself because of a few failures. We are all great🥹🥹
The past is all experience, all experience, and all the light boats that will be looked back in the future have passed thousands of mountains. I hope we can all get ashore🥹🥹
Come on, breathe a sigh of relief, and recover some blood. There is a long way to go, a long way to go🥹🥹
Just finished my math test, and saw another sharp drop. I wanted to write a post to cheer you up, but I wrote a lot but didn’t save it. It disappeared in a flash🥹🥹🥹
In short, no matter how much the spot loss is, if you don’t change the contract, it’s already It exploded or it's almost unbearable, let's all breathe a sigh of relief, everything has already happened🥹🥹🥹
In this market, it's really too difficult to play with copycats. It's not that you can't do it, this market is too difficult🥹🥹As long as people are still there, there will always be opportunities. Don't deny yourself because of a few failures. We are all great🥹🥹
The past is all experience, all experience, and all the light boats that will be looked back in the future have passed thousands of mountains. I hope we can all get ashore🥹🥹
Come on, breathe a sigh of relief, and recover some blood. There is a long way to go, a long way to go🥹🥹
See original
Bull for more than a year, is the bull about to end?
Tonight at 9:30 PM,
CPI data released,
This is the key to determining the recent market.
Recently, you can't look at K-lines.
Have to look at policies and data,
Once all the data of the big beautiful comes out,
the market will have fluctuations.
Yesterday, the PPI data was released.
Bitcoin rebounded directly to around 97,000.
Next is the altcoins following the rise, with US stocks fluctuating.
The PPI data was unexpectedly lower than expected.
Indicates that the inflation pressure at the end of last year has eased.
But it's not enough to prompt the Federal Reserve to cut interest rates again in the short term.
Tonight's CPI inflation data,
Previous value 2.7%, expected value 2.8%,
Core CPI previous value 3.3%, expected value 3.3%.
If it is lower than expected, the market will rise a wave.
CPI data released,
This is the key to determining the recent market.
Recently, you can't look at K-lines.
Have to look at policies and data,
Once all the data of the big beautiful comes out,
the market will have fluctuations.
Yesterday, the PPI data was released.
Bitcoin rebounded directly to around 97,000.
Next is the altcoins following the rise, with US stocks fluctuating.
The PPI data was unexpectedly lower than expected.
Indicates that the inflation pressure at the end of last year has eased.
But it's not enough to prompt the Federal Reserve to cut interest rates again in the short term.
Tonight's CPI inflation data,
Previous value 2.7%, expected value 2.8%,
Core CPI previous value 3.3%, expected value 3.3%.
If it is lower than expected, the market will rise a wave.
See original
Date: November 1, 2024
Trend reversal, bearish confirmation.
Technical Analysis
Daily Level: Yesterday's candlestick formed a large bearish candle, combined with the previous hanging man candlestick forming a top model, confirming 73700 as the current top of the trend, which has reversed. After a sharp decline, there will be a short-term price rebound for correction, but the overall trend remains unchanged. Once the 71400 level is broken, support and resistance will interchange, forming new resistance. Currently, the trend has shifted from bullish to bearish, with the overall strategy being to short on rallies. Around 68000, there is multi-level resonance support from the Vegas channel, watch for this area to see if a new round of bottom formation occurs.
4-Hour Level: The 4-hour Vegas channel is running near 67000, the EMA15 moving average (around 71000) has been broken, changing the support and resistance. CCI has fallen from the overbought area above +100 to a fluctuation area. Levels below 4 hours further confirm the bearish trend.
Simplified Version
Date: November 1, 2024
Technical Analysis:
Indicators: EMA15 + Vegas Channel + CCI
Conclusion: Trend reversal, bearish confirmation.
Resistance Levels: ① Near 71000
② Near 73700
Support Levels: ① Near 68000
② Near 67000
#BTC #分析行情 #大跌
Trend reversal, bearish confirmation.
Technical Analysis
Daily Level: Yesterday's candlestick formed a large bearish candle, combined with the previous hanging man candlestick forming a top model, confirming 73700 as the current top of the trend, which has reversed. After a sharp decline, there will be a short-term price rebound for correction, but the overall trend remains unchanged. Once the 71400 level is broken, support and resistance will interchange, forming new resistance. Currently, the trend has shifted from bullish to bearish, with the overall strategy being to short on rallies. Around 68000, there is multi-level resonance support from the Vegas channel, watch for this area to see if a new round of bottom formation occurs.
4-Hour Level: The 4-hour Vegas channel is running near 67000, the EMA15 moving average (around 71000) has been broken, changing the support and resistance. CCI has fallen from the overbought area above +100 to a fluctuation area. Levels below 4 hours further confirm the bearish trend.
Simplified Version
Date: November 1, 2024
Technical Analysis:
Indicators: EMA15 + Vegas Channel + CCI
Conclusion: Trend reversal, bearish confirmation.
Resistance Levels: ① Near 71000
② Near 73700
Support Levels: ① Near 68000
② Near 67000
#BTC #分析行情 #大跌
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