#TradeNTell Ever wonder what the essence of trading is?
In essence, the transaction is completed by the cooperation between the buyer and the seller
Therefore, all transactions are the consequences of inconsistent thinking.
If from the beginning, your investment logic is wrong
Then it will bring you more mistakes in the future. You must learn to think reversely and analyze carefully.
After the adoption of ETF, the market really stagnated. Those buyers turned into sellers, and the sellers kept buying in different places.
Now in the market, expectations for interest rate cuts are either in March or May, and they all believe that there will be a correction during this period.
However, this halving is around April, and the rise after the halving usually lags for a period of time, which may have smoothed the decline in interest rate cut expectations.
So there is no need to catch the so-called lows, be a firm trader on the right, invest and hold $BTC #ORDI
Tonight may be the last quiet night of the week. Tonight may be the last quiet night of the week.
The last important data of the week is released: U.S. durable goods orders for September were slightly better than expected (a decline of 0.8% compared to the previous month; forecasted a decline of 1%). After the data was released, the dollar fell, Bitcoin fell 📉 and gold and U.S. stock futures rose. #美国大选前行情观察 #盘整行情分析 $BTC
Bitcoin's key support level is being tested, and the oscillating pattern remains intact.
BTC is currently near the critical support level of $68,000. Proceed with caution! Manage your positions! Until the market shows a clear direction, it is recommended to focus on short-term operations and wait for further signals from the market before making medium to long-term investments. BTC is showing a strong oscillating trend in the $68,000 to $70,000 range. The short-term moving averages (MA50 and MA200) are intertwined, and the wide fluctuations in the Bollinger Bands indicate increased market volatility. The RSI indicator is around 60, showing that market sentiment is neutral to strong. Support and resistance analysis:
Bitcoin fluctuates downward, support level at $66,000 -- short-term stop-loss and rebound strategy
Short-term market sentiment remains cautious; investors need to adjust positions based on market dynamics to avoid emotional trading. Price Trend: Bitcoin's current price is around $66,500, gradually pulling back from a recent high of $69,566, and showing a trend of fluctuating downward after October 13. In the short term, if the price breaks below the support level of $66,000, it may further dip to lower levels. Both MA50 and MA200 moving averages indicate price pullback pressure. MA50 is around $68,000, and MA200 is slightly above $67,000, indicating a weak short-term trend as the price approaches the long-term support range. If the price breaks below these support levels, it will continue to weaken.
Bitcoin hasn't broken through $70K and has fallen below $67K. Last time it failed, it dropped back to $52K. Is this a profit-taking pullback or the start of a deeper drop?#盘整行情分析 $BTC
With the election approaching: Short-term dip buying opportunities and medium-term holding strategy suggestions.
Trump's lead in the polls has increased the demand for safe-haven assets, leading to heightened volatility in Bitcoin in the short term. Historical data shows that when geopolitical risks rise, Bitcoin becomes a safe haven for funds. Let's first look at various indicator data: From the short-term 1-hour chart perspective, BTC's current price is below the 50-day EMA (67,814.2) and the 25-day EMA (67,571.80), indicating selling pressure. The 7-day EMA is 67,642.6, and the short-term moving average has begun to flatten and curve slightly downward, signaling that the market is about to enter a phase of oscillation or adjustment. The 99-day EMA (68,231.0) forms strong resistance above the price, and BTC's upward momentum will be limited until this level is broken.
Short-term downward fluctuation, strategy suggests light positions or wait for a breakout.
Currently, BTC's price is in a high volatility range with downward pressure. Price Trend Forecast: Last night, as BTC approached $70,000, the price experienced a certain degree of pullback. Although there was a brief exchange of bullish and bearish forces, the selling pressure dominated based on trading volume and capital flow, suggesting that the price may further test the support level at $66,800. If this support level is breached, it could further approach the $65,000 range. Technical Indicators: RSI: RSI is below 50 and gradually declining, indicating that the market is weak with significant selling pressure.
In the short term, the pancake price may fluctuate between the current support and resistance levels. The support level is around $66,800, while the resistance level is close to $69,500 #BTC重返6W9 #山寨季要来了吗? $BTC
It is about to break 70,000, what will happen next?
(Based on 4-hour trading data) There is no doubt that the current market trend of BTC is a strong upward trend. 1. Market sentiment and capital inflows - There has been some inflow in the past 24 hours (673.71 BTC net), and the market continues to have strong buying interest, which is often accompanied by price increases. - The fear index shows neutral sentiment. The market is not overly panicky or greedy and is still in a relatively healthy state. In the short term, prices will not be affected by excessive fluctuations in sentiment. 2. Technical indicators - RSI indicator: The current RSI is in the 60-70 range, slightly above the neutral value of 50, indicating upward momentum, but also close to the overbought range (70+). Judging from the 4-hour line, there may be a small correction pressure in the short term.
From issuance to maturity, cryptocurrency projects must also comply with Porter's Five Forces Model to identify potential value and price#特朗普家族加密项目 #SEC加速批准比特币ETF期权上市 $BTC
BTC turnover rate: 2.44%, still relatively low, indicating that most investors in the market are still holding Bitcoin and there is no sign of large-scale selling.
ETF entry looks like a mindless all-in, high-level consolidation and upward rush #特斯拉转移比特币 #美国大选如何影响加密产业? $BTC
Bitcoin ETFs have received $1.4 billion in inflows in the past three days. Even Grayscale, which has a management fee of 1.5%, was able to buy $45.8 million worth of BTC this week. Retail investors are simply rushing in without a second thought. If you don't believe this, how can Bitcoin break through $100,000 this year? #美国大选如何影响加密产业? #BTC要挑战7W大关了吗? $BTC
Datalab options data shows that the IV of BTC's at-the-money options in the election week is 57%, while the IV of at-the-money options in the week before the election is 47%. The implied volatility of the options market actually shows that the market believes that the price fluctuations in the election week will be greater than the week before the election
This shows that the election results are actually the most important
And judging from the term structure and trading volume of options, many big investors are not willing to make bold chasing strategies now.
The last bull market was about Musk, this bull market is about Trump
There are no more big data this month, so it is natural for traders to turn their attention to the approaching US election#美国大选如何影响加密产业? #美股财报季来袭 #BTC能否站稳6W6 $BTC