Let's share the BTC situation over the weekend

BTC also achieved the feat of 11 consecutive positives on the hourly chart last night. Looking back at the whole day, it was like a frog in boiling water. From 58900 to 63400, there was a gap of 4300. At the end of the day, the situation started to move quite slowly over the weekend, but it was between highs, so we can also take advantage of this to go short.

BTC: 63150-63650

Next: 62500-61800

I don’t know when the brothers who rushed to A-shares will come back, but at least it seems that they will come back. After all, it feels like a seesaw, falling on one side and rising on the other. Or two brothers in distress.

1. BTC rebounded by nearly 4,000 in one day. Whether it rebounded or reversed, it can only be left to the market. After all, the support level of 58,000 has been tested several times;

2. ETH has been following, and the recent Ethereum chain market is actually good;

3. The brightest heart in the SOL rebound, the exchange rate has risen sharply, I don’t know if there is a chance to continue;

4. BNB performed generally, pre-market trading was a bit watery, Scr value was shockingly low, of course it is still higher than memecoin

Pay attention to hot coins in each sector:
1. ETH ecology: Pay attention to Ethereum innovative projects such as ETHFI and SSV.
2. RWA sector: ONDO is a representative project for asset digitization.
3. BTC second-layer network: STX, BTC scalability solution.
4. Meme sector: BONK, WIF, PEPE, FLOKIBOME and other popular Meme coins.
5. Al sector: ARKM, AR, NEAR, LPT, FET, Al-related projects are emerging.
6. SOL ecology: SOL, JUP, RAY, JTO and other active projects.
7. Chain game sector: YGG, GALA, IMX and other chain game leading projects.
8. Public chain sector: DOT, FTM, MATIC, SUI, SEI, APT and other public chains with future development potential

Just like the same script, yesterday's daytime market was dominated by frame fluctuations, with the oscillation range around 60400-60100. In the evening, the price rose to around 61,300 and then fell back to around 60,400. At midnight, the price fell to around 61,000 and then fell back to around 58,900 before rebounding. It is currently around 60,300.

Morning action suggestions:
The market rebounded around 60500-60800, just look towards 59500-59300.

The aunt rebounds to around 2395-2415, just look towards the vicinity of 2355-2335.

If you can't understand the part, then give up the part.

Just zoom in on the candlestick chart, only do a few key positions, and use your patience to wait for a good opportunity to appear.

Don't be afraid of losses, average position + good profit and loss ratio + low stop loss, as long as your luck is not too bad, it will be pretty good in the long run, but most people can't stick to it.

The daily trend of Bitcoin is at a critical stage. It has experienced a certain degree of rebound in the early stage, but the strength and sustainability of the rebound are questioned by the market.

Judging from the continuity of the previous trend, the upward momentum at the daily level shows signs of gradually weakening, and the competition between the long and short sides at key positions is fierce.

In this case, it is necessary to pay attention to some key resistance and support levels. If the upper resistance level cannot be effectively broken, it may trigger a price correction; the lower support level is an important reference for judging whether the price will fall further.

Key short-term pressure of Bitcoin: 64500
Key short-term support of Bitcoin: 61800

If this range is not broken, you can buy high and sell low around it

BTC evening market analysis:

Bitcoin's intraday high is around 62800. Mia's 🈳 order at 62750 won 750 points of space. Currently, she holds a long order near 62000!

From the current market, the market is in a small range of fluctuations. The upper position is under short pressure at 64500. The evening operation can be shorted around the upper high point, and the bottom support can be used for long layout!

Bitcoin: short in the range of 63300-64000, target 61500

Stock market: The three major U.S. stock indexes closed down collectively on Monday. The Dow Jones Industrial Average closed down 0.92% at 41,954.24 points on Monday, the S&P 500 closed down 0.93% at 5,695.94 points, and the Nasdaq Composite Index closed down 1.17% at 17,923.90 points.

According to CME's "Fed Watch": The probability of the Fed cutting 25 basis points by November is 86.3%, and the probability of maintaining the current interest rate is 13.7%. The probability of a cumulative interest rate cut of 50 basis points by December is 78.8%, the probability of a cumulative interest rate cut of 75 basis points is 8.9%; the probability of a cumulative interest rate cut of 100 basis points is 0%.

Middle East situation; Sources said that Israel will soon retaliate against Iran; The media revealed that Iran has prepared 10 plans to deal with potential Israeli attacks; The U.S. State Department: According to the U.S. assessment, Israel's ground operations in Lebanon have remained limited so far. Israel is expected to strike Hezbollah in Lebanon in a manner consistent with international humanitarian law.

Fed's Kashkari: believes that the neutral interest rate is close to 3%; Fed's Musallem: There is a high possibility of further interest rate cuts, and personal interest rate expectations are higher than the Fed's median.

Sharing of ideas for the 9.7 evening Bitcoin:
Bitcoin rose in the early trading to test 64,000. After failing to break through, it went down in the evening and will step back.
From the current intraday K-line chart, Bitcoin has been fluctuating upward between 62,000 and 64,000. The daily K-line chart shows a continuous upward positive line, so today is still bullish ⚠️
Focus on the upper pressure level of 63,950. If it breaks through, change the thinking strategy.
Operation suggestion: enter the market in the range of 63,000-62,500 and enter the market with long orders.
Target point 64,150-64,650🎯

Have you shorted HMSTR? The A-share market will open tomorrow, and the cryptocurrency market is expected to be sucked dry.

The meme season will most likely end in October. Those who have started to speculate on memes recently should be careful.
The meme season is in the frenzy, and it is easy to reach the top when the frenzy gets high.
After the sol chain meme frenzy this year, the market collapsed.
The meme before was pushed to the base chain, and the market collapsed. Now, meme has been transferred from eth to sol and sui.
Basically, they have been rotated. Those who get on the train next should pay attention.

To be honest, the market has also risen a lot since the interest rate cut last month. It is normal to have a correction now.

The crypto market always takes a step ahead. This wave of adjustments has made many people nervous. I was happy about the interest rate cut two days ago, but I started to hesitate today.

How fast time passes depends on your mood. When it is good, it is too short, and when it is bad, it is too long.

The interest rate cut cycle has come. It doesn’t matter how much it is cut. The key is to make good use of this expectation.

A correction is not a bad thing, it is an opportunity! At least before the interest rate is cut to 3% to 4%, it is an opportunity.

However, there are not many things to buy, just those popular ones. Either save slowly or buy at the right time, and buy and sell at the same time.

Musk is about to release Tesla's driverless technology

It's a good choice to ambush Robotaxi now

#币圈

Next, the important low-multiple point ideas are explained:

BTC low-multiple point: 58200, rebound 59300-59600 to stop profit 3/4, and hold 1/4. The support here is strong, and it usually takes several explorations to break through. Even if it breaks, you can make up for it at 57777-57100 and stop profit above 58200. Don't reopen or chase short positions below 58000, because there is not much space below, and it is more dangerous to go short at a low cost. You should start to tend to be low-multiple, and the long position is not in the pattern for the time being. Low-multiple to the third hand is basically the bottom-fishing range.

Sol low-multiple point: 131.65, this position is the same as BTC 58200, connecting the above and the following. If you receive it, don't easily stop profit for all positions. Even if it falls below, there is generally only about 10 points of space left. Make up one hand and go directly up. Generally, try not to go short when the price is below 138. If you are already short, you need to reduce your position and leverage.

ETH low long point: 2282, this position is the same as BTC 58200. Even if it falls below this level, there is generally only about 150 points of space above and below the short-term line. Don't go short again when the price is below 2360. Start to try low longs. There is no long position for the time being. Low longs to the third hand basically belong to the category of bottom-fishing.

BTC's rebound today is weaker than expected.

The expected rebound around 62,500 did not happen today, wait and see. Small-level trends can be used as reference.

The previous wave of smooth decline, then the next wave will most likely be a disgusting volatile market, it is not suitable to make orders.

The market will switch back and forth like this to mess with people, otherwise everyone will make money, so who is losing money?

The best case is to stop falling at around 57,000 or above, oscillate, give structure, and then start a bull market.

The second best case is to directly break through the previous low of 49,000, which will be very beneficial to the future market.

The most disgusting case is to oscillate between 49,000 and 57,000, which is annoying.

The cryptocurrency market collapsed unexpectedly😂

1. BTC fell by $4,000 in one day, which was greatly affected by external political factors and did not play the role of a hedging tool;

2. ETH followed the decline of Bitcoin closely, and the exchange rate fell further. It was really weak, and after eigen went online, it basically cleared the last bit of TVL;

3. SOL did not follow an independent trend, and it fell when it should;

Bad news: Iran is preparing to launch a ballistic missile attack on Israel!

Troubles keep coming!

A-shares are bullish, when will the crypto market get stronger? ​

Continue to pay attention to the short-term pressure range of 64,600~65,100. The short-term support is still at the low point of our correction last night, 62,500~63,000. Short-term trend: According to the current situation, it will hit the second waterfall in the range of 64600-65100!

#10.1 Tuesday, Bitcoin and Ethereum morning thoughts

The National Day has begun, and I wish you all a happy holiday! Bitcoin was running in a weak downward trend yesterday. The price comparison started in early morning and went down all the way. Until the early morning, the price dropped to the lowest line of 63,000, a drop of 2,500 points during the day, mainly a washout. The overnight price comparison did not fluctuate much. The price comparison mainly ran between 63800-63300. The current price comparison fluctuated around 63200.

Judging from the 4-hour chart, the Bollinger Bands maintain a divergent pattern. The K-line fell below the lower track after a continuous downward trend without much continuation action. Instead, it ran close to the lower track. The price was supported by the 63,000 line and could not move downward. This is an obvious downward stop signal. In the short term, focus on the support situation in the 62500-63000 area. If it cannot effectively break down, just keep stepping back and go long to participate!

morning advice
The big pie is in the 63,000 area, look at the 64,500 area
Ether 2580 area, look at the 2700 area

Judging from the trend of Bitcoin and Ethereum, there is currently a risk of a pullback. If you want to go long, you can wait for this wave of pullback to end before entering the market. This wave of pullback will focus on the support range of 623-630 and 2530-2480, so don’t enter the market blindly for now. You can enter short orders at 658-663 and 2580-2700 first to seize the profit of this pullback!

ethw hot coin urgent🚀

ethw is soaring today
The heavy pressure level is between 3.75 and 3.82, which is near today's high point.
The key short-term support is between 3.18 and 3.23
The overall market is still strong at present, because today's volume is very obvious, with a large amount of explosion.
There is a high probability that it will rise again to around 3.75 and then pull back.