If the 4-hour closing price does not fall below 61300, the 4-hour level is still in a rebound state, and the upward target/pressure level is 62440, 63300, and 64000.
If it falls below 61300 today, the 4-hour level rebound fails and enters a relay decline. The support level below is 60700, 60250, and 59250.
As long as it does not fall below 3445, all levels are in a bullish state. The upward target/pressure level is 3478, 3518, and 3558.
If the small level falls back and falls below 3445 today, the small level will start to pull back, and the support levels below are 3413, 3372, and 3335. $BTC $ETH
Good evening, everyone. Now it is just in time for the 4-hour closing. Let me analyze today's market trend for you.
Yesterday, Bitcoin and Ethereum rebounded as expected after hitting the bottom. Bitcoin stabilized and rebounded at the monthly support level of $58,000. This is normal because the price will not keep falling, and chips are needed to smash the market.
Today's market analysis:
- BTC: The current 4-hour chart shows a rebound, and the price fluctuates sideways at a high level. If the 4-hour closing today can be above $61,150, it is still in a rebound state, and the upper target/pressure level is around $62,440, $63,300 and $64,000. Only by breaking through and standing above $64,000 can we see how big the trend is. If it falls below $61,150 today, the rebound will end and turn to a short market, and the lower support level is around $60,250, $59,250 and $58,200.
- ETH: The current 4-hour chart also shows a rebound, and the price fluctuates sideways at a high level. If the 4-hour closing line today is above $3375, it is still in a rebound state, and the upper target/pressure level is around $3428 and $3480. Only by breaking through and standing above $3480 can we see how big the trend is. If it falls below $3375 today, the rebound market will end and turn into a short market. The lower support level is around $3335, $3284 and $3213. $BTC $ETH #BTC走勢分析
1. Yesterday's trading volume increased and broke through the potential rising wedge pattern, causing the decline to accelerate, and the lowest point touched the low point of the high-level oscillation range near 58,500 (X-line support). 2. In the short term, the bearish sentiment has been greatly released. The dealer may use the short-term plunge to obtain a large number of cheap chips, and then buy in the opposite direction to promote the current price rebound. 3. The RSI indicator shows extreme oversold. According to the principle that things will turn around when they reach their extremes, it is necessary to focus on the possible long V-shaped rebound. The KD indicator is in the low oversold area. The KD indicator at the daily level needs to be blunted and repaired, and the low rebound demand of the 4-hour chart provides technical support for the short-term rebound. Notes
It is recommended to continue to hold low-level long orders. If the market falls back to the vicinity of the previous low, you can continue to arrange long orders.
The above views are for reference only. You must bear your own risks when trading based on them. Please pay attention to position management and risk control. #BTC走勢分析
[2024.6.23 BTC/ETH intraday market analysis] Good evening, brothers. Both Bitcoin and Ethereum rebounded slightly over the weekend. Bitcoin began to pull back after reaching the first target/pressure level, while Ethereum rebounded from around 343 to 3509. The first support level I set is 3475, and you can enter the market at this position. Today is the last day of the weekend, and the market is expected to fluctuate. If you are not sure, you can take a break, recharge your energy during the day, and watch the game at night.
Today's market analysis: Bitcoin (BTC): Today, we need to pay attention to the position of 64220. As long as it does not fall below this point, the small-level trends of 1 hour, 2 hours and 4 hours are all rebounding. The upper targets/pressure levels are 64500, 65040 and 65825 respectively. If it falls below 64200 today, it means that the small-level rebound has failed and the market has turned to shorts. The lower support levels are 63970, 63715, 63365 and 62440 respectively.
Ethereum (ETH): Today, we need to pay attention to the position of 3500. As long as it does not fall below this point, the small-level trends of 1 hour, 2 hours and 4 hours are rebounding. The upper targets/pressure levels are 3534, 3558 and 3587 respectively. If it falls below 3500 today, it means that the small-level rebound has failed and the market has turned to short. The lower support levels are 3475, 3445 and 3412 respectively.$BTC $ETH
📈$BTC | 4 hours Bitcoin could see a temporary drop before a possible rally, but a sharp correction is possible if it breaks below a specific trendline.
$BTC It is not easy to become a Web3 expert, especially for new investors. The key to rapid progress is to have a clear understanding of yourself and the market. The famous trading master Zhuzhu once said that a leek needs to go through the following stages to make money in the market:
1. The first round of bull-bear cycle: watching others make money.
2. The second round of bull-bear cycle: making money and losing it in the bear market.
3. The third round of bull-bear cycle: being able to keep the money you make.
Each round of bull-bear cycle takes about 3 to 4 years, that is, the complete progress process may take 12 years. This is just an abstract process, in fact, it is the process of gradually establishing a complete understanding of the Web3 market. I call it the "road to progress".
This road to progress is destined to be tortuous. You will encounter the "400U group" instilling wrong cognition; some people who have made a lot of money will disrupt your judgment; and friends around you who are constantly returning to zero and bursting your positions make you lose confidence in the market. However, in the process of experiencing these challenges, you will gradually gain more experience and knowledge.
In other words, the road to progress is a bumpy road of growth that requires constant learning, reflection, and adjustment to ultimately gain a foothold in the Web3 field.
$If you have $100,000 on hand and your goal is to make $1 million, there are several ways to consider:
1. High-multiple contract trading (not recommended) - This method is similar to gambling, with extremely high risks and extremely low success rates, and is not suitable for most people.
2. Invest in potential currencies - Meet the following three points: correct track, early entry, and heavy holding.
So, how to choose a currency with potential?
1. Select a potential track - Such as BTC ecology, RWA (real world assets), MEME coins, AI, decentralized public chains, GameFi, etc. These tracks are expected to tell big stories in the future, and even be applied to change traditional industries.
2. Choose new coins that have been launched in the last 1-2 years - Avoid chasing old coins, which are heavy and have many locked-in positions. Choosing new coins can avoid these problems.
3. Pay attention to small coins with low circulating market value - Choose coins with a circulating market value of less than $300 million, and try to choose fully circulated (or more than 60% have been unlocked) coins. Such coins have greater room for growth.
4. Strong team background - Coins invested by star institutions or large exchanges have a higher probability of being listed on mainstream exchanges, rich industry resources, and a high probability of success.
5. Diversified investment - Don't invest all your funds in one coin, choose 4-5 coins that meet the above conditions. Two tracks, 3-4 projects are best. If one of the projects explodes, it will be enough to achieve the goal.
Next, I will screen several potential coins that meet these conditions, welcome everyone to pay attention. $WIF $FLOKI
CHZUSDT's adjustment may be coming to an end, and it may break through the upper trend line and rise 150% from 0.1 to retest the short order zone of 0.23.
Are you ready? The pull of altcoins is about to start!
1. Generally speaking, the market will experience large fluctuations three months after the Bitcoin halving. The halving has been over for nearly a month, and in another 1-2 months it will be July and August, which is basically the same time.
2. The US presidential election will be held on November 5 this year, and issuing money and printing money are common means. Trump supports the crypto market, and there are huge opportunities in the two months before the election.
3. The US interest rate cut is expected to be within this year, most likely in September or later. The later the expected interest rate cut, the greater the stimulus to the market. In addition, ETH's spot ETF is also an important hype hotspot in the second half of the year.
4. The season of fan coins is coming, and various sports games will be held in June and July.
I can tell you responsibly that every decline now is a good time to buy and increase positions. Don't expect to copy the lowest point, because no one can do this, just buy at the relative bottom. $PEPE
$BTC $ETH Most investors have small funds and it is difficult to buy Bitcoin and Ethereum, so we will turn our attention to some potential altcoins to gain greater profits with small funds. However, it is more difficult to make money in this bull market than in the past because there are too many currencies, which is completely different from the last bull market. So, how can we select a potential altcoin from thousands of currencies for layout?
After sorting out, I think we should focus on the following tracks and varieties. First of all, there are many projects on the BN platform. I personally recommend looking for currencies with high trading volume but relatively low market value. In addition, many hundred-fold projects have emerged in BN's IEO projects in the last bull market, which deserves attention and layout.
Secondly, since this year, star ecosystems such as SOL, Ethereum ecosystem, fan series, Hong Kong concept, big cake ecosystem, RWA, modularization, re-staking, L2, oracle, DWF, etc. also need to be focused on. Especially those new ecosystems, many old projects that performed well in the last bull market may not perform well in this bull market.
The market always favors new things over old things, whether it is old coins or old tracks. New projects are more attractive to investors and have relatively less selling pressure. Therefore, we must embrace new things.
Many people do not currently hold Bitcoin because its rise has exceeded expectations. Similarly, the arrival of the altcoin season may be the same, coming quickly and unexpectedly, and ending quietly. What we need to do is to plan ahead, hold the chips, and wait for the arrival of the market vent.
$ETH The recent US election odds show that Trump’s probability of being elected is significantly higher than Biden’s. Yesterday, Trump gave a speech promising to enable the 50 million cryptocurrency holders in the United States to self-custody and ensure that the encryption technology revolution occurs in the United States. As the U.S. cryptocurrency community gains political clout, Biden continues to compromise, from accepting crypto donations to loosening crypto regulations to pushing the SEC to approve an#ETHETF. However, if Biden continues to maintain a conservative stance rather than explicitly supporting the crypto industry, he will face a huge challenge in the general election.
On the contrary, if Trump is elected, he will end the strict regulation of cryptocurrencies by the SEC and other departments. Our 1024 Fund’s various mining farms in the United States will continue to fully support Trump’s campaign in order to achieve a more open and friendly cryptocurrency environment. We believe that Trump’s election will bring new opportunities to the cryptocurrency industry in the United States and promote the rapid development of technological innovation in the United States. #现货以太坊ETF获美SEC批准
The resistance zone absorbed the selling pressure, forming a bullish cup-with-handle structure with targets marked on the chart; it is recommended to lock in profits and exercise risk management. $PEPE
The 19b-4 document of ETH spot ETF was approved early this morning, which means that the commodity attributes of Ethereum have been recognized, and the listing of spot ETF is only a matter of time. The documents that still need to be approved are S1/S3, which is used to measure whether the product issuance plan of the issuing company itself is compliant. This document may be approved in the next three months or even longer. The SEC is currently discussing specific matters with the relevant issuers. But I believe that the final result must be that S1/S3 will also be approved, and the approval of this document is only a matter of time. During this period of time, it is likely that the expectations of Ethereum's future net inflows and the expectations of when S1/S3 will be approved will continue to be hyped. #现货以太坊ETF获美SEC批准 $ETH
#以太坊ETF批准预期 $ETH Ethereum spot ETF approved, congratulations! #Ethereum This means Ethereum is no longer considered a security! This change brings unlimited possibilities for other cryptocurrencies and opens up an infinite future for the entire crypto industry!
In fact, traders’ enlightenment is often achieved only after experiencing pain. Therefore, truly enlightened traders are bound to experience market deception and various tests of human nature. Faced with the loneliness and numbness brought about by account losses and liquidation, these so-called disasters make people feel desperate for a time, but also make their hearts as calm as still water. At this time, only traders who persist and undergo transformation will become extremely rational, and will not hesitate to give up their past ignorance and timidity, not dwell on the past, and not cling to the gains and losses in front of them. Only at this stage can one truly be enlightened. If the heart is not calm, the Tao will not arise. Those who are firm in their hearts and can break through difficulties in the market are the best among people. They are victorious in every battle in the psychological game, precisely because they are determined and no longer need any support from the outside world. #以太坊ETF批准预期 $ETH