December 5, 2024 08:00-12:00
Hello brothers and sisters, report on the work:
Overall thinking:
Both the market and Ethereum broke through the previous high resistance, bringing out the weekly structure. The market has less resistance in front, and the Ethereum has greater resistance in front. The high-level oscillation market makes the contract very difficult to do. It is recommended to avoid the contract at this position. However, the oscillation market will provide space for the cottage to sort out and pull up.
In terms of overall operation, high-level oscillation, spot-based, structural orders can continue to look at the first and second stop-profit positions due to the weekly and monthly structures.
The fifth phase of structural orders will be launched at an appropriate time.
Overall summary of the market: high-level divergence and rise, high-level oscillation market
The 4-hour price broke through the previous high resistance, and the daily cycle diverged from the high-level rise. The market had selling pressure at 105,000 and 110,000, and the selling pressure was significantly weakened. The high-level oscillation cycle, the daily and weekly support is effective.
Weekly structure of the market: Weekly structure appears
Monthly structure of the market: Monthly structure is complete
Overall summary of Ethereum: Divergence rises, high-level fluctuations
4-hour price breaks through the previous high, daily cycle high divergence, the structure shows that 3900, 4000, 4200 have large selling pressure, and high-level fluctuations.
Ether weekly structure: Weekly structure appears
Ether monthly structure: Monthly structure is complete
Overall structure of altcoins: Waiting for new structure single entry
Monitoring range: 330 altcoins on Binance
Comparison of yesterday's and today's structures:
Weekly structure: 42/273 quantity doubled
Monthly structure: 100/217 quantity doubled
Weekly and monthly structure: 40/246 quantity doubled
Altcoin season start judgment range:
Monthly structure is greater than 150, or weekly and monthly structure is greater than 100.
Recently, 10 people were helped to build a trading system for free. If you need it, please refer to the thank you letter.
⚠️Attention! The orders issued are all based on personal experience and are not investment advice. There are risks in placing orders, so please be cautious when entering the market.
