This video will mention:
Bitcoin is falling, what will be the subsequent trend? Share the long and short positions!
Mimi coins rebounded collectively. This MEME coin may be listed on a large exchange, so remember to ambush!
LSD sector ANKR SSV Pendle collectively surged, is it still possible to get on board?
The Bitcoin Rune Leader and L2 sectors have plummeted respectively. Does the Bitcoin ecosystem still have a chance?
Hello everyone, I am Wang Buai, welcome everyone to like and follow me ~
Bitcoin Market
The overall inflow of Bitcoin spot ETFs in recent times has dropped sharply compared to the previous period.
Our video yesterday mentioned that the resistance zone above Bitcoin is around $67,000 to $68,000.
The highest point of this rebound was around 67,200 USD, which is not much different from the point we recommended.
Although the daily level is mainly driven by the bulls' volume, the current K-line pattern is a shooting star.
Shooting Star:
Usually appears at the end of an uptrend.
It means that after the long-short game, the short side suppresses the long side.
Usually a signal of a change in the market
You can check it out in combination with 4 hours.
What about the volume on the 4-hour side? The short side’s volume is not particularly strong, but on the 4-hour level, the long side has not continued to exert force, so the next few 4 hours are very critical.
If the bulls do not continue to exert their strength, this wave of rebound may end. If you have friends who have opened a short position,
You can try to place the take-profit around 61,000 or 62,000 USD.
For those who want to open long positions below, you can try to open a small long position at the $60,000 level. This is the market situation for Bitcoin.
As for the Merlin chain mentioned in yesterday’s video, after the Bitcoin halving ended, the entire Bitcoin ecosystem experienced a sharp drop. Many friends would ask, is the Bitcoin ecosystem over?
Bu Ai believes that the violent rise and opening of this round of bull market originated from the support of institutions and the buying power of spot ETFs.
The Bitcoin ecosystem as a whole is still in its infancy or in its early stages. It usually takes 3-5 years for an industry and an ecosystem to develop.
Hot spots in WEB3 change rapidly. A good example is gamefi. Gamefi originated from the bull market in 2021, or even the tail end of the bull market. This wave of gamefi still exists, and a large number of 3A-level quality works have emerged.
The Bitcoin narrative will still continue, but it is still in its early stages, so you need to give the Bitcoin ecosystem some time to grow.
Liquidity governance staking token section
It has been recommended before, and now it still has buying value.
Capital votes with money. The rise of which sector or which token represents where the money is.
Not only LSD (liquidity governance staking token sector), funds have recently flowed back into Meme Coin
Even the meme coins from too early
What about a token like PEPE?
Today I would like to recommend three new tokens. I think they also have strong growth potential in this round!
New coins often mean less selling pressure, and exit usually requires pulling the price, and the concentration of chips is high
At this time, we can just lie in and wait for the institutions to pull up the market.
The MEW token is a meme coin on SOL. It was airdropped to mobile phone users and some SOL on-chain users in the early stage. I myself was also airdropped. The performance of this token has been quite strong recently. It has been listed on the exchange recently. Its performance after being locked is also quite good. You can consider buying a little bit and buy some local dogs for self-defense. As for trading altcoins, you must buy them in batches.
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