Originally, I didn't want to post this, but after all, it is something I typed out time and again. There are many trolls, so let's just shut their mouths. I wonder if they'll be so angry that they stomp their feet 🤔🤔
$BTC moved out of 1400 points of space, $ETH moved out of 60 points of space this afternoon, the short lines given are enough for everyone to be stuffed, right? 😂
The facts that can be seen are actually this simple. Why do so many people shout that it is difficult? $BTC reached 1400 points, $ETH reached 40 points.
$BTC 、$ETH Thought Validation Just follow it simply and you can grasp it, BTC moving 2100 points and ETH moving 106 points should be enough for everyone to have extra chicken legs tonight #加密市场反弹
BTC and ETH Current Thoughts and Suggestions Currently, BTC is under pressure around 93200. It is expected to pull back first, and a short position can be taken around 93600-93100, with a target support level around 91200. ETH is expected to move in sync in the short term.
The wait was a bit long, but today we finally reached the space for a ten-thousand-point surge. Friends who are seeing this should have taken off, right? $BTC #加密市场反弹
Let me introduce a type of candlestick pattern, using $SOL as an example, which shows a typical rounded bottom pattern, followed by a sustained increase in volume from the bulls leading to a rally.
Current BTC and ETH trading strategy The evening long position strategy mentioned in $BTC this afternoon has rebounded 1800 points in the evening. Currently observing whether the upper level of 82000 can break through. If it is under pressure and moves downward, then we will look downwards accordingly. If it moves above 82500, we will start a range bound movement with 82500 as the bottom, and continue looking upwards. ETH is synchronized in the short term. #比特币价格走势分析
Evening BTC and ETH Analysis and Recommendations In the hourly trends of the cryptocurrency market, the price movements of Bitcoin and Ethereum are remarkably similar, oscillating closely along the lower boundary of the downward channel most of the time, with a clear trend of unilateral decline. In the afternoon, after the price reached a low point, it stabilized slightly, followed by a small wave of rebound correction. However, upon closer observation, it is not difficult to find that the strength of this rebound is very limited, more like creating time and space for a subsequent second decline. Currently, although the price is in a slowly rising rebound process, the momentum is clearly insufficient, and this weak rebound is actually accumulating energy for the bears to probe again. Based on this, we still firmly hold a bearish strategy tonight.
BTC and ETH Trading Recommendations
BTC: Short at around 81,500-81,000 on the rebound, looking down to 500-3,500 points
ETH: Short-term synchronized with Bitcoin $BTC #比特币价格走势分析
From the recent trends in U.S. economic data, the revised annualized quarterly rate of real GDP for the fourth quarter, set to be announced at 9:30 PM tonight, is drawing significant attention. Currently, the previous value of this data is 2.3%, and the market expectation is also 2.3%. If the announced data tonight falls below the expected value, it is likely to be interpreted by the market as a risk of recession in the U.S. At that time, the market sentiment fluctuations caused by the data release will be concentrated, although this short-term pessimistic sentiment is expected to dissipate quickly.
It is worth noting that the PCE data to be announced tomorrow night at 9:30 PM is also tugging at the hearts of many investors. The previous value of this data is 2.8%, and the market expectation is 2.6%. If the actual released data aligns with expectations, it would indicate a decrease in U.S. short-term inflation data. Regardless of whether this data is inflated, in the short term, it will undoubtedly provide positive support for the financial markets, likely driving the market to experience a few days of rebound, giving the market a chance to 'catch its breath'.
Based on the above analysis, tonight may be a suitable time to look for opportunities to go long. Investors should closely monitor market dynamics following the data releases to seize potential investment opportunities. $BTC #比特币价格走势分析
$SOL Observing the daily level, there is certain support at the position of 120 below. Many people currently feel that this position can be a bottom-buying opportunity. Personally, I believe that even if we have reached the bottom, a downward spike followed by the liquidation of some long positions is necessary for a rebound to occur. Currently, the momentum of SOL is still following Bitcoin, but the situation for Bitcoin is not clear, mainly leaning towards a bearish trend. The pullback has not been properly established, so those looking to bottom-buy SOL might want to wait and see. Attempting to go long in the range of 115 to 105 would be more reasonable.