PS: Bitcoin is in a sideways consolidation and cleansing process. DOGE took off strongly again within 1 hour after its deployment. Can it reach 1 USD?
Before we talk about DOGE, let’s take a look at Bitcoin. After Bitcoin rose strongly to around 99,000, it began to move sideways to clean up leverage. Currently, everyone’s attention is focused on $100,000. From 58,000 points in September, it directly reached $100,000 in less than two months, which was very fast. Many people were left at a loss!
Let's take a look at 4H now. At present, Bitcoin has not broken through the three high points tested in the 4H channel. In the past two weeks, Bitcoin has been strong with more than 10 billion US dollars of leverage. Countless air forces have become fuel in the middle. At this moment when the greed index is off the charts, we must pay close attention to the risks! Whether Bitcoin breaks through the upper track of this channel and stands on the 102,500 line mentioned by the shepherd, or washes the leverage, the decisions we need to make are talked about every day, and I will not repeat them here today, because our eyes should be on He Yue and the cottage in this market, and we must never lose other opportunities for the sideways trading of Bitcoin!
ETH is still weak. Shepherd once pointed out that ETH must break through the key level of 2500 before it can continue to rise. That time we chose to intervene on the right side of the breakthrough! This week, ETH broke through the right side again at 3150, and we chose to intervene! We have achieved a second great victory!
At this moment, ETH is breaking through the dense trading area ahead. In the third stage, it must stand firm at 3400 before considering the possibility of ETH's re-attack. The key position above is 3400-3611, so 3400 is very critical, which is an important basis for us to intervene again! ETH is very weak in this round of bull market, and Bitcoin has broken through new highs infinitely. According to the volume ratio of Bitcoin and ETH, ETH should currently maintain around 8,000 US dollars to be normal, but we can see that the current ETH is very far from 8,000 US dollars! So friends must adjust their positions in time!
In terms of altcoins: JTO/ENA/ARKM/AAVE/COMP/DOGE mentioned by Muyang many times have all performed well. After the big cake goes sideways, the altcoins will start a rotation trend. At this time, it is faster than running! Remember not to have faith in any token, and don’t hesitate when it’s time to make money!
Let's focus on DOGE. We have bought nearly 5 times since we started trading at 0.108. Many new fans did not catch up with this train, but Muyang gave them many opportunities. For example, at 10:40 this morning, Muyang pointed out that DOGE broke through the suppression moving average and was about to start rising. He also instructed exclusive strategy member He Yue to go long directly! Achieved good results! So DOGE is currently looking at at least $1 in the short term!
At present, we must pay attention to timely adjustment of our positions, and do not hold on stubbornly. Many people have experienced the blow in April. They had achieved good results in the early stage but did not leave, which led to the continuous shrinkage of their positions since April 13. You can carefully observe how many altcoins were at their high points in February and March this year, and how many altcoins you have now! At present, all the old chains have taken off, and the behind-the-scenes trading forces have begun to act, so once the altcoins start to rotate, remember to change positions in time, and move to another sector after making money in one sector!
Shepherd Tips: This round of bull market is different from the past. Don’t imagine that you can make tens or hundreds of times more by just holding a copycat. Those days are gone and have become history! The funds behind the scenes will change to new ways of playing. It is completely unrealistic if you still imagine that they can make tens or hundreds of times more by holding a copycat!
