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$ETH Evening Thoughts: The altcoin's triangle has been broken, but it didn’t extend the rebound. Instead, it closed with a shooting star at the position indicated by the red arrow, and that candlestick looks as bad as it gets. For the altcoin to continue rising, it must break through the resistance zone of 2131-2144 above; only by breaking this resistance can we look towards 2158-2193. If it can't get past this resistance zone, don't expect it to go up. It needs to break 2193 to open up upward space for a continued rebound. Right now, this rise is merely a rebound, not a reversal. A pullback that doesn’t fall back inside the triangle is just a normal retest; if it drops back inside, it will retest the support at 2078 below. Looking at the candlesticks encircled in red, the volume for this rise is shrinking. You ask how high it can go with a shrinking volume? A rise on low volume that doesn’t break the upper resistance will eventually come down, unless there’s an increase in volume.
For the altcoin, if it breaks through 2125 with volume, go long; if it drops below 2099 with volume, go short. Keep an eye on the volume changes and set your stop losses properly. On the hourly level, if it stabilizes above 2125, look up towards 2158-2193. On the 4-hour level, if it breaks below 2092, look down towards 2057-2007.
On the 4-hour chart, there was a false breakdown of the small range yesterday, and now it has retraced back inside the small range. It has also broken the downtrend line; as long as it can stay above this trend line on the 4-hour chart, there’s a chance to break the small range. If it retraces and breaks below the trend line, the range will likely be broken again, and trying to reclaim the range will be harder than climbing a mountain. The 2197 level on the 4-hour chart is the key resistance for the altcoin; only by breaking this position does it have a chance to reverse. If it can’t break 2197, staying within the small range is already good enough. Regardless of whether you're a guy or a girl, there are always a few days each month when things don’t go well. Last week, I had a tough time trading because news kept coming out, but that doesn’t affect my mindset. It's just annoying to have the news popping up; maintaining a good trading mindset is crucial. Meeting adjourned. $ETH #不丹转移90枚BTC
$BTC Evening Insight: Bitcoin (大饼) on the hourly chart broke through the yellow descending trend line and confirmed support with a pullback to the trend line. After confirming the support, it began to rebound and broke through the resistance at 77287, currently trading above this level. According to the 1:1 target for this upward movement, the target is around 79313, but there are two prerequisites: first, it must stay above the 77287 support level, and second, it must break through the heavy resistance at 78543 to reach the 1:1 target. Both conditions are essential. If Bitcoin pulls back or struggles at the 78543 resistance, as long as it doesn't break below the white arrow indicating the bullish trend line, it's just a normal pullback. However, if it breaks below this yellow bullish trend line, it will test the support at 76000. If 76000 holds, we might see some consolidation with a chance to push higher; if it breaks below 76000, then we're in for a rough ride. Tonight, the US stock market is closed, so let's see if there will be any volatility around the usual opening time! We're just waiting until then.
For Bitcoin, a high-volume breakout above 77565 is a buy signal, while a high-volume drop below 76959 with a failed pullback is a sell signal. Don't forget to set your stop-loss. If Bitcoin stabilizes above 77565, we can look up to 78493-79227; if it can't hold above 77565, then it’s irrelevant. On the 4-hour chart, a drop below 76098 targets 75250-74224. Check the comments section. $BTC #Vitalik承诺精简EF减售ETH
Bitcoin can't break through 78500; the current rise is just a bounce, not a reversal. Only a break above 78500 will reopen the upside potential, otherwise, it's just a flash in the pan. $BTC $ETH #Vitalik承诺精简EF减售ETH
🙀Market analysis for May 5th afternoon.🙀 $BTC 's take: Bitcoin has broken below the triangle and tested the support at 76023 without continuing the downtrend. It has now started to rebound; however, the first rebound was capped by the lower boundary of the triangle, failing to reclaim the triangle's interior. A second test of the 76023 support is underway, and this level held firm without expanding the decline. Instead, a bullish engulfing pattern formed at the 76023 support, leading to a rebound and a false breakout above the resistance at 77286. The previous two attempts to break above 77286 created a triple top pattern, indicating that a pullback on the hourly chart is necessary. To break this pattern, we must decisively break and hold above 77286 and create a higher high than the previous false breakouts; otherwise, another test of 76023 is inevitable. If we can't break 77286, the rebound won't sustain, and only a breakout above 77286 gives us a chance to challenge the resistance at 78530. If we can't get up or down, we’ll be stuck in a consolidation between 77286 and 76023. Maintaining above 76023 is crucial; if it breaks, we could see a second test of the lower range of 74200-74705. If that range is breached, a real downtrend has just begun.
For Bitcoin, consider going long on a volume breakout above 77274, and short if it breaks down below 76714 without reclaiming. Big stop loss is a must. On the hourly chart, if Bitcoin breaks and holds above 77274, look towards 78398-79179. Without breaking 77274, there's no point. On the 4-hour chart, a break below 76065 targets down to 74882-73759.
Resistance above: 77274-78398-79179 Support below: 76058-75274-74197
$ETH 's strategy: For altcoin, consider going long on a volume breakout above 2112, and set a stop loss when it reclaims. If it breaks down below 2092 with volume, look to short with a stop loss in place.
On a pullback to 2055, confirm the support is valid and go long one additional position; if it breaks below 2006, stop loss. On the hourly chart, if the altcoin holds above 2112, look towards 2147-2194. Watch for a short position if it hits 2147, with a stop loss on a breakout above 2194. Left-side spike order: long at 1981, stop loss if it breaks below 1936.
Resistance above: 2112-2147-2194 Support below: 2076-2022-1981 On the 4-hour chart, a break below 2077 targets down to 2040-2009. Please check the comments section. $BTC #Vitalik承诺精简EF减售ETH
$ETH Evening Thoughts on BTC: BTC's price action is tricky to chart right now because it just shot up like a rocket. Currently, BTC is following the bullish engulfing candle indicated by the red arrow below, moving within the high and low prices of this bullish candle. The midpoint of this massive bullish candle serves as a support level at 2101; as long as we don't dip below 2101, we won't see a significant drop. If we break below the support at 2101, this bullish candle will also be breached, which could lead us to test the support at 2056 again. The resistance zone above is between 2144-2158; BTC can only continue to bounce back towards around 2197 if we break through this resistance zone. If we can't get past this area, we might just stay in a consolidation range between 2144-2101. The hourly MACD has returned above the zero line, indicating that a bounce is needed, so let's keep an eye on it!
For BTC, if we see a volume breakout at 2128, consider going long; if we break down with volume at 2102, look to short. Pay close attention to volume changes and set your stop-loss carefully. If BTC holds above 2128, aim for 2158-2197. On the 4-hour chart, if we break below 2103, target 2057-2007.
BTC has also re-entered a small range on the 4-hour chart and seems to be hinting at breaking the downtrend line. If we break this trend line, the small range will likely be broken as well, allowing us to target the resistance at 2197. Once BTC breaks above 2197, it will likely return to the larger range above. As long as BTC stays above 2197 on the 4-hour chart, this current downtrend should be considered temporarily over. Whether we can continue to rise and where the bounce might take us will be a wait-and-see situation. Signing off. $ETH #特朗普称美伊和平协议基本谈妥
$BTC Evening Insights: Bitcoin is currently in a bullish consolidation after a rise, with the consolidation zone between 77002-76615. If it plays out well, it’s like fueling up for a skyward push, but if it breaks down, it could mark the start of a downtrend. While it's in this consolidation phase, it indicates Bitcoin is choosing its direction and doesn’t want any distractions. The yellow descending trendline indicated by the red arrow above is currently Bitcoin's resistance level; to continue the rebound, it must break through this trendline. Only after breaking the descending trendline can we look at the upper resistance at 78193. If it can't get past this trendline, it won't rally. As long as it doesn't drop below the 77002-76615 consolidation box, it won't fall either; it can only oscillate within the box until it decides on a direction. If Bitcoin breaks below the box and attempts a pullback, as long as it doesn't fall below the opening price of the bullish candlestick indicated by the white arrow below, the decline won't expand, corresponding to a price of 75934. If it breaks below the bullish candlestick at 75615, that support won't hold, and it will go back to where it started.
If Bitcoin breaks out with volume above 77055, go long on the right side; if it drops with volume below 76357 and fails to reclaim, go short on the right side, and manage your stop loss. On the hourly level, if it stabilizes above 77055, look up to 78193-79200; if it can't climb above 77055, it’s not helpful. On the 4-hour level, if it breaks below 76336, look down to 75227-74290.
Bitcoin has returned to operate within the 4-hour consolidation box, and the area outlined in red has formed a Morning Star pattern, indicating a demand for a rebound on the 4-hour level. Isn’t that a rebound? The Morning Star formation is the best entry point for going long; however, I didn’t enter because it was a weekend pump, and I had some doubts, so I hesitated. Feeling a bit concerned. Can't write anymore, please check the comments section. $BTC #特朗普称美伊和平协议基本谈妥
🚀Market Insights for May 24th Afternoon.🚀 $BTC 's Insight: Looks like Bitcoin is rallying! But I still missed the ride! Why didn’t I hop on? Check out that massive green candlestick I slept through at 4 AM, totally missed it—big moves always seem to happen while I’m snoozing, so frustrating! If I missed it, I’ll just wait for a pullback. If it keeps pumping without a pullback, well, I guess I’m out of the game! Trading is like that; you can’t catch every up and down move because you can’t watch the charts 24/7, and it’s tough to predict when it’ll pump or dump. Bitcoin broke the triangle and the 75600 resistance, which shows there’s still buying interest at the 74523-73712 support range, and it even faked a breakout above 76882. Next, we’ll see if Bitcoin can hold above that 76882 resistance. If it can, the next target to challenge will be around 78180. If we break 78180, we could see a reversal on the hourly charts, but this weekend’s pump and dump? Not sure how reliable that is. If it can’t hold above 76882, Bitcoin will definitely retrace to test the 75600 support, consolidating before pushing up again. So for those who haven’t entered yet, wait for it to pull back to 75600 to find your entry! If it doesn’t pull back and just keeps pumping, I’ve got nothing to say! As long as it pulls back without breaking below 75600 and returning to the triangle, we’re fine. If it breaks 75600, we’re likely heading for a higher correction.
If Bitcoin pushes through 77042 with volume, go long on the right side; if it breaks down at 76537 with volume and can’t reclaim, go short on the right side—set your stop-loss. If Bitcoin breaks and holds above 77042 on the hourly charts, look up to 78180-79220; if it can’t break above 77042, it’s useless. On the 4-hour chart, if it breaks below 76316, look down to 75249-74180. Resistance above: 77042-78180-79220 Support below: 76554-75616-74200
$ETH ’s Strategy: For Ethereum, if it breaks 2126 with volume, go long on the right side, set a stop-loss. If it breaks below 2102 with volume, go short on the right side—set your stop-loss.
If it pulls back to 2077, confirm the support is valid and add another long position. If it breaks below 2043, set your stop-loss. On the hour, if Ethereum holds above 2126, look up to 2157-2193. Watch for a short at 2193, and set a stop-loss if it breaks 2231. For left-side spike orders: long at 2023, and stop-loss if it breaks below 1989. Check the comments section. $BTC #特朗普称美伊和平协议基本谈妥
$ETH Evening Thoughts: I was pretty surprised that the altcoin didn’t break below 2000, because the exchange rate didn’t drop below the 0.027 support level on the daily chart. If it loses that level, we might see it dip down to 1800. The past few days have been rough for going long; I got stopped out a couple of times. But hey, I don’t hold onto losing positions; I take the hits and move on. No stubbornness here—if I’m wrong, I admit it. As long as you have capital, the market is always full of opportunities. So why am I still bullish? First, it hasn’t broken my support level for going long. Second, I’ve been waiting for news on the US-Iran talks, but instead of news, we’ve just seen a drop 😂. This market is basically just swinging from hitting shorts to hitting longs, back and forth. Bulls can’t always feast, and bears can’t always get hit; it’s all about who can last longer in this game. The fact that the altcoin hasn’t broken 2000 is a good sign. As long as it stays above 2006-2015, there’s a chance it could test the resistance range of 2055-2071. If it can get back into that range, we could see a rebound towards 2102. If it can’t hold above 2015-2006 and breaks the previous low at 2006, then we’re looking at 1963. For now, that’s the outlook.
If the altcoin breaks above 2031 with volume, take a right-side long for a rebound. If it breaks below 2012 with volume, look for a right-side short. Keep an eye on volume changes and set your stop losses wisely. On the hourly chart, if we hold above 2031, we’re looking at 2071-2106. On the 4-hour chart, a break below 2011 could lead us down to 1965-1939.
On the daily chart, if we break below 2000, just wait at 1935. If it breaks that, 1823-1740 is next. Until the altcoin gets back above 2190, it won’t stop its downward trend at all. That’s it for now. $ETH #SEC暂停创新豁免
$BTC Evening Insights: The recent dip in Bitcoin isn't just a minor pullback on the hourly charts or even a drop on the 4-hour timeframe; it's a daily-level retracement. The hourly MACD is below the zero line, indicating a more significant bearish trend. Currently, Bitcoin has reached my last buy zone, which is between 74523-73712. I'll be looking for a final signal to catch a bounce in this range. If it breaks below this zone, I'll flip from long to short, or if it breaks downward without giving a bounce signal, I won't be going long. If I'm feeling bullish, I might just catch a short-term oversold rebound because this zone is my last line of defense for longs. A break below this range signifies the destruction of the bullish trend on the 4-hour and higher timeframes, marking the end of this upward move. I've successfully pushed a stubborn bull into a bearish position; the last bastion for bulls is the 74523-73712 range. Break below and it’s game over, no time for goodbyes 🤝.
For example, if we see a bounce signal in the 74523-73172 range, we might start to see a rebound, but if it can't break through the resistance at 75620, we'll likely retest the previous low at 74200. Once we break below the 74523-73172 support zone, deeper retracements will follow; right now, it's just an appetizer.
Bitcoin could break out with volume above 74734, so look to long on rebounds. If it breaks below 74214 with volume and can't recover, it's time to short, and remember to set your stop-loss. On the hourly level, if it breaks and holds above 74734, we look up towards 75618-76101. If it can't hold above 74734, it's irrelevant. If the 4-hour level breaks below 74332, we target 73262-71721. Can't write more, please check the comments section. $BTC #SEC暂停创新豁免
🙀Market insights for May 23rd.🙀 $BTC 's insights: The big coin is showing a downtrend, even though US stocks surged in the early morning. Is the little bro finding his own path and not following the big bro? It’s going against the flow. After breaking the bearish flag, the big coin attempted a rebound to reclaim the flag's interior, but it failed at the target indicated by the white arrow. Breaking through the upper boundary of the flag is a significant resistance level for the big coin. While breaking down is easy, reclaiming is tough. It continued to decline, breaking the support between 76860 and 75616, creating new lows. Now, 76056 is a crucial resistance level; only if it can reclaim this level can the current downtrend stop. This is because 76056 is the peak of the natural rebound of this downtrend. To stop the decline and continue the rebound, it must break above the natural rebound’s peak. If it can’t surpass this peak, the only path is further decline, and there’s a high probability of new lows. Has it stopped declining? From the chart, there are no signs of a bottom yet, as there’s no downward spike, no bottom signals, and it hasn’t reclaimed the peak of the natural rebound. So for those looking to catch the falling knife, I advise you to hold off! Wait for any of the three signs of a stop in the downtrend that I mentioned before trying to catch the bottom; blindly catching the falling knife can easily get you sliced.
When the big coin breaks through 75609 with volume, chase the long position for a rebound. If it breaks down at 75256 with volume and fails to reclaim, chase the short position, and manage your stop loss well. If the big coin stabilizes above 75609 at the hourly level, look up to 76064-76683. If it doesn’t get above 75609, it’s useless. At the 4-hour level, if it breaks down below 75239, look down to 74496-73694. Upper pressure: 75609-76064-76683 Lower support: 75273-74556-73718
$ETH ’s approach: For the altcoin, if it breaks through 2078 with volume, chase the long position and manage your stop loss. If it breaks down at 2056 with volume, chase the short position and manage your stop loss.
On a pullback to 2014, confirm the support is valid for an additional long position. Stop loss if it breaks below 1971. For the altcoin at the hourly level, if it stabilizes above 2078, look up to 2102-2138. Be cautious of a short at 2138 if it comes up, and stop loss at 2167. $BTC #SEC批准纳斯达克BTC期权
$ETH Evening Thoughts: The bearish pennant for ETH has been broken. As long as we don’t break the support at 2102, the downtrend won’t continue. If we breach 2102, we'll be testing the support range of 2076-2055. To see a rebound, we must get back inside the pennant and break above 2144 to aim for the upper boundary of the pennant and the 2195 level. If we can’t get through that, we’ll just keep playing the same tune and continue to range. The market has been in consolidation, and honestly, I don’t know what to say because the positions haven’t changed. I’m neither afraid of a pump nor a dump, but sideway action is what really gets to me; it’s like a bland dish that you can’t decide whether to finish or toss. Plus, sideways action can easily lead to losses because during this phase, if you long, it dips, and if you short, it pumps. By the time you realize it’s just ranging, you see that it neither breaks upward nor downward, making it the easiest phase to lose money.
For ETH, if we see a volume breakout above 2125, go long; if we see a volume drop below 2108, go short. Keep an eye on the volume changes and don’t forget your stop-loss. ETH is currently holding above 2125 on the hourly chart, looking upward towards 2157-2198. On the 4-hour chart, if we break below 2102, we’re looking down to 2076-2021.
On the daily chart, ETH has completely returned to a bearish trend. The daily MACD has crossed below the zero line. Looking at the volume indicated by the red arrows corresponding to the candlestick, you wouldn’t even see that big volume without a magnifying glass. There’s an abnormal relationship between volume and price on the daily level; how do you expect it to pump with volume but no price? Also, all the EMA moving averages on the daily chart have been broken down. The only time we’ll have a chance for bulls is when we’re back above those moving averages; otherwise, they become the strongest resistance levels. Moreover, the fast, slow, and midlines are all diverging downward, which confirms a full-blown bearish trend. We can only look to short on rebounds; going long is just for catching bounces. Let’s patiently wait for it to choose a direction! Meeting adjourned. $ETH #SkyBridge两季连亏
$BTC Evening Insights: This sideways chop usually happens on weekends! Why are we seeing this action during the week? It's not surprising to see choppy moves on weekends since institutions are off and liquidity is low, but witnessing this during the week is puzzling. What are the whales up to? Are they washing positions or gearing up for a next pump? Who knows. Overall, this kind of price action is frustrating; sometimes it feels better not to trade. The resistance at 78180 isn’t likely to break without some bullish news, and last night's news about US-Iran negotiations couldn’t even push BTC past 78180. We’ll have to wait for the US-Iran to confirm a negotiation date to help BTC break that level again. Given the current price action, it’s tough for BTC to break through on its own. The triangle has been broken, and there's an M pattern forming inside, with the neckline around 76882. If we break below 76882, the hour-level M pattern will confirm, leading us to test the previous low range of 76000-75620. We've talked about those levels ad nauseam. If we don’t break below 76882, there’s still a chance to challenge 78180. However, breaking through is tough, considering we've tried to break above multiple times without success, and the bulls might run out of steam. It's either we don’t break 78180, and if we do, we’ll take off; otherwise, we’ll continue to consolidate between 78180-76882.
BTC volume breakout at 77308, go long on the right side. If it breaks down at 77057 with volume and can’t reclaim, go short on the right side; manage your stop loss. For the hourly level, if BTC breaks and holds above 77308, we look up to 78180-79203; failing to hold above 77308 is useless. On the 4-hour level, breaking below 77180 looks down to 76136-74936.
The 4-hour BTC action looks decent, with a morning star pattern forming in the boxed area, and BTC has been running above the midpoint line of the box at 77263. As long as BTC doesn’t drop below that midpoint of 77263, we shouldn’t see a deep correction. If we break below 77263 and can’t reclaim, we might have to wander around the 75000 area; meeting adjourned. $BTC #SkyBridge两季连亏
I'm not even mad about this BTC chart just going sideways. If we don't break above 78K, we won't see any pump, and if we don't break below 76K, we won't see any dump either. So let's just keep riding this range! $BTC $ETH #美ARMA法案推动BTC储备
📢Market insights for May 22nd.📢 $BTC says: Bitcoin had a fake breakdown early this morning, hitting support at 76882 and starting to rebound. The so-called fake breakdown is indicated by the red arrow below; it's not a real breakdown because the closing price didn't stay below 76882. It just dipped below briefly but closed above 76882. The process isn't what's important; the result is. Even if a candlestick dipped to 1 dollar but closed back above, it wouldn't be a real breakdown. Furthermore, this is the fourth time it's challenged the resistance at 78180 without breaking above the white arrow. Bitcoin has been consolidating within the range marked by the red box this week, fluctuating between 78180 and 76882, with various fake moves up and down. As long as Bitcoin breaks above 78180, it will likely aim for the resistance at 79332. Whether it can continue upward will depend on a breakthrough at 79332. If Bitcoin falls below the support at 76882, the previous low at 76000 will likely not hold, and if it breaks 76000, we’ll be looking for a new low at 75620 for a signal to stop the drop! Also, breaking below the previous low will disrupt this week's trading range, as it will create a new low, and we don't know how long it will consolidate before moving back up. Trading has been quite tricky these past few days; chasing longs hasn't been sustained, and shorts haven't been consistent either. Everyone, don’t rush; big moves are on the way, so prepare to take off.
For Bitcoin, a volume break above 77779 is a signal to chase longs on the right side, while a drop below 77295 with volume that fails to reclaim is a signal for shorts. Make sure to set stop losses. If Bitcoin breaks above 77779 and holds, we’re looking at 78361-79309; if it can’t hold 77779, it’s irrelevant. On the 4-hour chart, breaking below 77220 looks to target 76460-75590. Resistance levels above are 77779-78361-79309. Support levels below are 77194-76712-76000.
$ETH outlook: For Ethereum, a volume break above 2146 is a signal to chase longs, with stop losses in place. A break below 2125 with volume is a signal for shorts, again with stop losses.
On a pullback to 2081, confirm support is valid and add one more long, but stop out if it breaks below 2047. For Ethereum's hourly chart, if it holds above 2146, we’re looking at 2167-2193 upwards. Watch for a short at 2215 above, with a stop at 2246. Left-side spike orders: long at 2027, stop out if it breaks below 1995.
Resistance levels above are 2146-2167-2193. Support levels below are 2125-2076-2025. Please check the comments section. $BTC #俄罗斯禁个人非托管加密钱包
What are you keeping an eye on with this thing? It's like throwing fuel on the fire! Trump, hurry up and take it out! Holding onto it is just trouble; if you keep this thing, you might get burned! Why don’t you just chill out instead? 😠 $BTC #Vitalik概述ETH隐私升级