Kind tips If the spot position has been covered, do not cover it in the future. Keep at least 4 levels of warehouses on hand and wait for the daily signal before entering the market to cover the position. Always pay attention to my news! ! ! January 22, 2024
Grayscale continues to transfer BTC to dump the market. How long will the selling pressure last?
Grayscale transferred 54,343 BTC ($2.313 billion) to Coinbase for 5 consecutive trading days starting on January 12. Grayscale has been selling, currently selling 10,000 units per day, and they will be sold out in 2 months. No, last night they continued to transfer $BTC to coinbase for smashing, and $BTC hit close to 40,000 in the short term!
The current situation is that everyone has money in their hands, but they don’t dare to enter and stand around and watch. I feel that March should be very lively with several major positive events. Grayscale’s BTC is almost sold out, the BTC halving is about to begin, and the ETH ETF The review time has come, and the Cancun upgrade is about to be implemented. If the brothers persist in the hard days of February, it should be easier.
BTC is currently at the weekly level, and bulls are trading sideways at the weekly level. Pay attention to the long position near 44222.5 today. Target 46448. The breakthrough stood at 43597.2. Ogura intervenes in long orders. The target is 43948. The profit is very small. It is recommended not to do it. There is currently no sign of a short order. If the pie falls below 41078. There will be a deep correction in the market. The lower position is 38743-36290-31924#TradeNTell #BTC
BTC/ETH intraday market analysis Big Pie and Ether rushed through the 4-hour sideways pressure level in the early morning, but fell down before they could stand firm. Without breaking through and standing above the sideways pressure level, the bulls were still not very strong, so they waited until they stabilized above the pressure level. Multi-talented is more stable. The daily strategy is to go high and low and go long in the sideways market, with a good stop loss and no pattern! Judging from the daily line, the Ethereum has closed at the bottom for two consecutive days. The probability of rising is still quite high, but we must be careful to step back and then pull up like last night. Many brothers were frightened and took a little profit. It ran away. Last night’s market pin was 42100. This position was the second support level I gave at noon yesterday. Ether 2500 was the support position I gave last night. Everything that should be reached has arrived! The market is still fluctuating widely within the 4-hour sideways range. At the top, focus on the pressure level around 43350-43600-44200. If it breaks through and stands at 43600, and breaks through the sideways range in 4 hours, it will be powerful to go long. The upper target is 44200 (day Line) 45300-46000 near these locations The lower support level is around 42480-42050-41730-41350.
Early morning ETH/BTC market analysis: Ether is currently heading into the sideways zone for another 4 hours. The pressure in the sideways zone is around 2555. If it stands firm at 2586, the upper target will be around 2586-2592-2620-2660. If it cannot go up, the lower support level is around 2530-2515-2500
The pie is currently in the sideways zone for another 4 hours. The pressure in the sideways zone is around 43400. If it stands firm at 43400, the upper target is around 43780-44300-45300. If you can't go up, the lower support level is around 42780-42500-42100#BTC #ETH/USDT
Early morning ETH/BTC market analysis: Ether's 1/2 hour short side will make a 4-hour callback. The upper pressure level is near 2556. 2556 is the 4-hour rebound pressure level. If this position is held firmly, it will return to the long side in 4 hours. The short side should pay attention. If it stands firm at 2556, the upper target will be Near 2590-2620-2660. If it cannot go up, the lower support level is around 2522-2495-2460
1/2 of the pie rebounded sideways for 4 hours, with the upper pressure level around 43300-43900-44600. If 43300 stands firm, it will start to rise in 1/2 hour and start to rebound in 4 hours. The short side should pay attention to 44600 as the daily long and short price and bet on it. If it breaks through this position, the upper target is around 45300-46000-46370. If it cannot go up, the lower support level is around 42500-42100-41400#BTC #ETH