Bitcoin (BTC) Short-Term Trend Analysis: $100,000 Breakthrough Still Needs Observation, Moderate Pullbacks Provide Liquidity Opportunities
Current analysis of Bitcoin (BTC) indicates that the possibility of breaking through $100,000 this week is low, mainly due to a lack of clear pullback signals.
At present, BTC remains in a strong bullish phase. In the short term, if the price pulls back to the range of $95,200-$95,400 on the 4-hour chart (MA7), or $92,000 (MA7) on the daily chart, there is no need to worry too much, as this means the trend may still continue to rise.
If the price on the 1-hour chart stays above $95,000 (currently in this range), there is ample room for upward movement, which mainly relies on market turnover and consensus to drive it, with the target still aimed at $100,000.
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RSI Indicator Analysis: The current RSI has reached 80, entering the overbought range. Although this signal indicates that market sentiment is overly enthusiastic, under such market conditions, the indicative nature of the RSI may lose accuracy, so this indicator can be temporarily ignored.
CEM (Futures Market) Analysis: BTC futures prices maintain a positive premium of about 600 points over spot prices, indicating that bullish demand in the futures market remains strong, especially during sensitive periods in the US market.
Summary: Currently, I maintain an optimistic attitude and continue to observe the breakthrough at the $100,000 mark. If it breaks through $100,000 this week, the next step will be to reassess the market trend. The risk of continued rise is that it may draw liquidity away from other markets besides BTC. For BTC, excessive rises could trigger short-term pullbacks, and appropriate pullbacks can provide broader liquidity opportunities for the market.
As for whether it will directly break through $110,000 or $120,000, I personally believe it is currently impossible to accurately predict long-term trends. First, observe the price movements near $100,000, and conduct further analysis in conjunction with market data; this will be my current operational thought process. #BTC走势预测
As the first president in U.S. history to take a positive stance on cryptocurrency, Trump promised during his campaign to introduce a series of policies supporting cryptocurrency, such as incorporating Bitcoin into the national reserves, promoting the U.S. as a global cryptocurrency hub, and easing related regulations.
With Trump's victory and the Republican party's successes in both the House and Senate, Trump will have strong political support when he takes office on January 20th, significantly enhancing his ability to push his agenda.
The clarification of this political situation has accelerated traditional investors' recognition and acceptance of Bitcoin.
Spot Bitcoin ETH has become a convenient way for U.S. stock investors to access Bitcoin.
Latest data shows that BTC spot ETH is attracting significant inflows, with inflows into the top ten ETFs continuing to grow over the past week, and these ETH have now held over 1 million Bitcoins.
Bitcoin (BTC) is performing really strong right now!
The take-profit point of 97100 has been reached, and the next take-profit points within the next 24 hours are 97850 and 98800.
As the upward momentum of Bitcoin (BTC) intensifies, more and more people are starting to predict a major correction, but I believe there is currently no risk of a deep correction.
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For $BTC, the area around 100K will be a key high-selling zone. Once the price reaches 100K, a pullback of around 5K points may be the limit.
Within this range, short hedging is a solid choice. If Bitcoin continues to sprint to 110K, the safest strategy is to wait for the price to pull back to around 99K near 101K before entering a long position, as this can confirm that the breakout above 100K is real. #BTC何时突破10万?
How long does it take to earn 100 million in the cryptocurrency world?
1. Shiba Inu Coin (SHIB): Starting with an investment of 500 yuan, if it rises by 200,000 times, it is estimated to take about 7.5 months to earn 100 million.
2. Pepe Coin (PEPE): With an investment of 140,000 yuan, if it rises by 700 times, it is expected to reach 100 million within 11 months.
3. Ethereum (ETH): Starting from 20,000 yuan, if its price increases by 5,000 times, it is estimated to take 3 years to earn 100 million.
4. Ripple (XRP): With an investment of 50,000 yuan, if it rises by 2,000 times, it is expected to earn 100 million after 3 years.
5. Litecoin (LTC): An investment of 30,000 yuan, if its price rises by 3,000 times, it is expected to take 5 years to earn 100 million.
6. Cardano (ADA): An investment of 40,000 yuan, if it rises by 2,500 times, it is expected to earn 100 million within 5 years.
7. EOS (EOS): Starting with an investment of 30,000 yuan, if it rises by 3,000 times, it is expected to earn 100 million after 4 years.
8. TRON (TRX): With an investment of 15,000 yuan, if it rises by 6,000 times, it is expected to earn 100 million after 7 years.
9. Monero (XMR): An investment of 10,000 yuan, if it rises by 10,000 times, it is estimated to take 6 years to earn 100 million.
10. Bitcoin (BTC): Starting with an investment of 100 yuan, if it rises by 1,000,000 times, it is expected to earn 100 million after 11 years.
These figures are hypothetical estimates based on historical performance and market volatility, and the actual return times may vary significantly. High-risk investments should be approached with caution. #白日做梦
Bitcoin (BTC) continues to hit new highs, while many altcoins are continuously falling, reaching new lows!!
Many people may think that it should be easy to profit in this situation, reaping great rewards. But in reality, as long as Ethereum's performance remains stagnant, altcoins are unlikely to see a rise. The increase in Bitcoin does not seem to have a direct correlation with altcoins.
It is evident that using the mindset from the last bull market to cope with the current market environment is no longer effective......#Btcoin
Reviewing yesterday's market, there was a strong rally with a peak reaching 94849, close to the key resistance level of 95000, when the market experienced a pullback at the hourly level!
At the same time, many altcoins showed varying degrees of decline, indicating market differentiation.
The current hourly support level is around 93600.
If the hourly close in the future falls below this level, there may be further pullback movements in the short term, necessitating close attention to the support levels around 92800 and 91300.
From a 4-hour perspective, if the price falls below 92800, it means the current upward trend may be disrupted, increasing the risk of a pullback.
In this case, focus on the support performance in the 91300 area. The market has a need for adjustment today, and a strategy of selling high and buying low is recommended.
Trading Strategy: Today's strategy should primarily focus on selling high and buying low, looking for entry opportunities during the short-term pullback.
If the price falls below key support levels, be aware of the possibility of further pullbacks and adjust trading strategies in a timely manner.#BTC何时突破10万?
Based on the recent performance of the meme market, here is a summary of several potential breakout directions for your reference:
1. Musk's Influence Musk has a significant impact on meme coins. The meme coins he publicly supports, such as Dogecoin and Pnut, as well as the memes or simple replies he posts on social media, often spark a new wave of meme coin enthusiasm. Therefore, the dynamics of Musk and other big players in the crypto space (like CZ) are worth closely monitoring, as their statements and actions often serve as a barometer for market direction.
2. Revival of Established Projects and Mascots Some long-standing altcoins, especially their mascots (like Litecoin's mascot Lester), can generate new market attention by becoming active again or incorporating meme elements. The brand effect of established projects and a loyal community base can attract retail investors under the influence of cuteness and novelty, driving up coin prices.
3. AI-Driven Meme Coins AI-related meme coins have shown strong growth momentum, such as GOAT and ACT. Two directions worth watching in the future are: first, AI-themed meme coins with innovative narratives or application scenarios; second, AI-related meme projects on other blockchain platforms (like Base chain), which are often good at promoting abstract concepts and providing a friendly development environment for AI projects.
4. Emerging Themes and Narratives Emerging projects like Wei Zong's teaching coin and BAN art meme coins have become favorites in the market due to their innovative themes and unique narratives. As new themes continue to emerge, investors should stay alert, as new blockbusters may appear.
5. Community-Driven Meme Coins Some community-driven meme coins led by crypto OGs or KOLs, like Army and 1984, usually have a strong fan base and community support, which gives them significant growth potential in the market. With continued community building, these meme coins may experience considerable price increases.
In summary, the breakout directions of the meme coin market are quite diverse, and investors can look for potential opportunities from the above trends.
Recently, the market's enthusiasm has shifted towards the Solana (SOL) chain rather than the Ethereum (ETH) chain, mainly due to the following points:
Bottlenecks of the ETH chain 1. Continuous low price of ETH: Although ETH is an established public chain, its recent price performance has been relatively weak, leading to a decrease in market attention.
2. High transaction fees on the ETH chain: The Gas fees on the ETH chain have remained high, with a single transaction potentially costing tens of dollars or more, which is a significant burden for daily small transactions or frequent operations.
3. Burden of ETH chain projects: Many projects on ETH have bundling mechanisms or yield farming phenomena, with some projects using liquidity pools for operations, resulting in unstable market sentiment. Additionally, the transaction confirmation speed on the ETH chain is slow, with some projects experiencing delays, which negatively affects the investor experience.
Advantages of the SOL chain 1. Rising price of SOL and market enthusiasm: The price of SOL has been continuously rising recently, and with more SOL chain projects being supported and launched on exchanges like Binance, the market enthusiasm and capital inflow are forming a positive cycle, further boosting the attention on SOL.
2. Low transaction fees and smooth experience on the SOL chain: The Gas fees on the SOL chain are much lower than those on the ETH chain, significantly reducing transaction costs. Although the SOL chain also has some issues, such as manipulation in some projects and intense PVP (player versus player) competition, its transaction experience is undoubtedly smoother compared to the ETH chain, attracting more users and developers.
3. Playability and market hotspots: Projects on the SOL chain have high playability and frequent hotspots, making it easier to attract new capital into the market.
Current bull market trend In the current market bull run, figures like Trump and Musk, along with the rise of meme culture, have dominated. If one does not actively participate in this hot money and trend, they may miss opportunities. The low fees, high playability, and market enthusiasm of the SOL chain align perfectly with this trend, making it a focal point for investors.
Summary Due to high fees and a weak market, the attractiveness of the ETH chain has decreased, while the SOL chain has become a new investment hotspot with its low fees, high playability, and positive cycle of enthusiasm. If one does not seize this trend, they may miss this round of market opportunities.
Bitcoin (BTC) continues to rise strongly after experiencing a pullback earlier this morning, currently approaching the $93,000 level!
From a short-term perspective, there is still upward momentum, with a focus on operating in the $91,500 to $92,000 range.
Ethereum (ETH) is also in a high-level consolidation phase, but the rebound strength is relatively weak, showing slightly fatigued performance. It is recommended to focus on the $3,200 to $3,060 range for strategy planning in the future. #比特币走势分析
The bull market is coming! These leading MEME projects are worth关注!!
1. Musk series: DOGE, PNUT
2. Vitalik's MEME leader: NEIRO
3. Religion + mascot + MEME: LUCE
4. Art + fruit + MEME: BAN
5. AI + MEME: GOAT, ACT, CENTS
6. Zoo MEME: MOODENG
7. Cult MEME: SPX
8. AI MEME vertical field leader: WORM
9. BSC eco MEME leader: CHEEMS
10. Artist MEME leader: BOME
11. Frog MEME leader: PEPE, BOME
Among these MEME coins, some you may have heard of, some you may have participated in trading, and maybe you made some profit, but to truly seize the opportunity and achieve hundredfold returns is very rare.
Why? Most people missed out on greater profits because they could not hold on due to short-term fluctuations. #meme板块关注热点
Bitcoin (BTC) continued to rise strongly last night, with the price hitting a high of $94,000!
Meanwhile, Ethereum (ETH) continued to maintain its lackluster performance, always just following the decline with little chance of a rebound.
If you shorted Ethereum around 3140, you have already made a profit, as the price once dropped to around 3066.
Based on my summary, the strategy is very clear:
If you plan to go long, you should focus on Bitcoin and wait for a lower entry point; if you're worried about the risk of chasing highs, consider a different approach and shorting Ethereum might be more prudent.
After all, when Bitcoin hits new highs, Ethereum usually performs poorly, and once Bitcoin starts to retrace, its declines are often more severe.
By operating this way, you can at least avoid the troubles of guessing the top and achieve more stable returns. #比特币 #以太坊
The price of Bitcoin continues to reach higher peaks, demonstrating a strong upward trend.
In contrast, Ethereum's performance is relatively weak, seemingly not receiving enough attention in the market.
For Bitcoin, the key support level should be adjusted to around 90,000.
For Ethereum, if the price falls back to around 3,070, it may provide a good entry opportunity, suitable for considering going long.
As always, the main focus should be on the range of Bitcoin between 92,000 and 94,000, as well as the support and resistance levels for Ethereum around 3,200. #比特币走势分析
Bitcoin (BTC) continues to break through the $92,000 mark, altcoins pull back, and Wall Street stocks rise!
After closing above $92,000 for consecutive days, Bitcoin maintains its upward momentum, setting a new historical high.
On Tuesday evening, stock futures rose slightly as investors focused on the upcoming Nvidia earnings report.
Dow Jones Industrial Average futures rose 76 points, an increase of about 0.2%;
S&P 500 and Nasdaq 100 futures also rose 0.2% respectively.
In after-hours trading, Comcast's stock price rose over 2%.
The telecom giant is expected to release its earnings report on Wednesday and anticipates its spinoff plan will be completed within a year, according to a report by The Wall Street Journal.
In regular trading on Tuesday, Nvidia's stock price rose nearly 5%, as market expectations for the chip manufacturer's latest earnings report drove the Nasdaq Composite index up 1% and the S&P 500 index up 0.4%.
Investors are closely watching Nvidia's details on Blackwell AI chip demand, which is crucial for the $3.6 trillion semiconductor giant and may impact the future performance of the S&P 500 and Nasdaq indices.
Additionally, the market is awaiting earnings reports from retailers Target and TJX, which will release their earnings on Wednesday.
Investors will also hear from Federal Reserve Governor Lisa Cook, Michelle Bowman, and Boston Fed President Susan Collins this week.
Bitcoin's closing price yesterday was slightly above $92,000, once again setting a new record for the highest daily closing price.
As Bitwise CEO Hunter Horsley announced that options trading for the BITB Bitcoin ETF product launched by the company will begin on November 20, Bitcoin prices briefly reached a new high of $94,002.
Bloomberg ETF analyst James Seyffart believes this event may encourage other Bitcoin ETF products to launch similar options features.
The altcoin market saw a pullback yesterday. After a wave of overheating gains in previous days, many large projects showed signs of adjustment. #比特币走势分析
From the trend perspective, Ethereum is relatively weaker compared to Bitcoin.
When Bitcoin rises, Ethereum fails to follow and instead shows a decline;
When Bitcoin falls, Ethereum also exhibits a simultaneous downward trend.
From the hourly analysis perspective, Ethereum is currently in a 6-hour rebound phase, but the upward momentum is insufficient.
In the short term, a light position can be attempted to go long near 3060, as this position happens to be the support level of the 12-hour MA30 line. #以太坊ETF批准预期
The pancake has started to rebound from the lower bound of the 4-hour chart during the early session!!
It has broken through the resistance of the middle line and is currently close to the upper line at $92,150!!!
Currently in a fluctuating rebound phase, if the price does not fall below the middle line during the evening pullback, it is expected that the price will continue to trend upwards along the daily MA5 moving average.
If the price remains above $90,800 by 8 PM tonight, it is expected that the period from evening to early morning will maintain a fluctuating upward trend.
Currently in a high-level consolidation phase, there may occasionally be instances of raising prices for selling, accompanied by brief downward spikes, so it is essential to manage risk while operating.
Operation suggestion: Consider going long during pullbacks, with entry points around $90,800/$91,000, and targets looking towards $92,600 and $93,400. #比特币走势分析
The deep blue area has finally broken through, and we can quietly wait for the last wave of the bull market!!!!
The black line in the chart represents the price of Bitcoin, the deep blue area shows the proportion of floating profits held by long-term holders, while the light blue area represents the proportion of floating losses held by long-term holders.
Historically, crazy bull markets are often accompanied by massive sell-offs from long-term holders, creating huge downward pits (as indicated by the red arrows in the chart).
Note: The chips of long-term holders refer to those that have not been transferred on the Bitcoin chain for more than 155 days.
Based on the current market situation, I believe that $BTC may break through $100,000 in the near future and rebound to the vicinity of the short-term trend line, and then it may pull back to test the support level of $87,000.
This is merely a speculation based on personal experience, for reference only. #比特币走势分析
The recent K-line trend shows a significant upward trend, especially during the period from the early morning to noon on November 19, where multiple bullish candles indicate a strong market buying momentum.
From the 1-hour cycle perspective, the MACD is in the positive range, and the DIF line has crossed above the DEA line, forming a golden cross, indicating strong bullish momentum in the short term.
The RSI is currently around 55.98, not yet in the overbought zone, close to neutral but slightly strong, suggesting that there is still room for upward movement.
In terms of EMA, the price has broken above EMA7 and EMA30, and is well above EMA120, indicating a bullish arrangement in the short, medium, and long term, supporting the continued bullish trend.
The current range is the same as yesterday: 88600 as support and 93000 as resistance, allowing for short-term trading within this range. #k线大数据