Many institutions and big players in the market are positioning long-term in Bitcoin. In the long run, it will definitely go up. Friends who are shorting without stop-loss don’t need to choose the hardest assets to short. Bitcoin has always been suitable for buying low, because only Bitcoin never traps investors. Every bull market breaks new highs. Yesterday, it tested the support at 88600 twice but couldn’t break it. Since it hasn’t broken down, it’s still a bullish trend. Today, Bitcoin directly taught you how to be a man with a 15-minute line. Friends who shorted not only missed the entire bull market but also got hung out to dry 😂
Starting to organize the key points for the afternoon:
1: Ethereum at 3050, 3020 is still the order entry point, protect at 3000, now need to pay attention to whether the short-term resistance at 3160 can be effectively broken.
2: The bull market is not over; it is just an adjustment and correction. The key level of 92000 for Bitcoin remains very critical; mainly waiting for the US stock market to open. Personally, I tend to think it will touch the 93000 level.
3: Support area at 86700, consider going long if it touches here, resistance at 92000, range-bound fluctuations.
4: A giant whale transferred 4.9 million OM to FalconX, worth approximately 20.61 million USD, starting to sell off. The 4-hour K-line shows signs of offloading, securing profits.
5: The rise of UNI is closely related to DEXX, which is favorable for the leading UNI. Coupled with front-end trading revenue exceeding 100 million USD, those seeking stability can accumulate on dips.
6: Wow, Jiangsu Yancheng has seized 320,000 Bitcoins, currently valued at over 200 billion, accounting for one-third of Yancheng's GDP.
7: Binance's latest Launchpool project Usual will go live on the 19th.
