Be sure to eliminate the behavior of holding orders!
By looking at the 1-hour trend chart of ACT, it can be seen that its price has sharply dropped from 0.95 to 0.54, a decline of as much as 43.16%.
However, to return to the previous high point, a significant increase of 75.93% is required.
This asymmetrical relationship between ups and downs profoundly reveals the core logic in the trading process:
Price declines can be considered easy, but recovery is as difficult as climbing to the sky, with the required increase far exceeding the decline.
In the market, price declines often only require emotional selling behavior from investors or can be influenced by local unfavorable news to push the price down.
In contrast, price recovery must rely on stronger capital inflows and a complete restoration of market confidence, both of which usually require a significant amount of time and the waiting for a suitable opportunity to arise.
🚀 Bitcoin hits a historic breakthrough, reaching $94,000!
📅 Latest news On November 20, the price of Bitcoin soared like a rocket, setting a record high, breaking through the $94,000 mark, which made the entire market "buzz".
I heard that the media company of former US President Trump is discussing the acquisition of the crypto trading company Bakkt, which immediately ignited the market's expectations for cryptocurrency-friendly policies.
📈 Bitcoin price trend When I wrote this note, the price of Bitcoin was $92,057. Not long ago, it reached a historical high of $94,057.
As the world's largest and most famous cryptocurrency, Bitcoin has seen an incredible increase this year, with a cumulative increase of more than 100%. Isn't it amazing?
🌟 Analysis of the reasons for the rise of Bitcoin 🎯 Policy expectations drive: Everyone in the market is looking forward to it. They think that after the Trump administration takes office, there is a high probability that some policies that are more favorable to cryptocurrencies will be introduced, and supervision will be relaxed, so that more development opportunities can be created for digital assets.
Just like when Trump was campaigning, he mentioned supporting cryptocurrencies many times, and he also planned to use policies to support the United States to lead the world in Bitcoin and blockchain technology. This is a shot in the arm for Bitcoin. Public account: Yunzi Commune, Mianfei Jiaqun
🎯 Investment boom: Now investors around the world are interested in cryptocurrencies. Bitcoin is so precious, and the quantity is limited. Everyone wants it. As more and more money pours into the Bitcoin market, its demand becomes super large, and the situation of supply and demand is getting more and more serious, and the price is pushed up.
🎯 Market sentiment is high: Since the US election on November 5, Bitcoin has been rising all the way, which shows that traders are optimistic about the future development of digital assets. They all think that digital assets will definitely have a big impact in the financial field in the future. As the "boss" of digital assets, Bitcoin will definitely be more valuable.
Ether (ETH) rebounded to the resistance level near 3162 last night. If it cannot hold this price for four hours, it will be difficult for the market to move upwards, with the highest rebound only reaching 3152.
There is a resistance level suppressing the price, so it cannot go up.
Currently, the daily line is still in a correction state, but the bullish outlook remains unchanged.
At least we need to wait for a four-hour close to break 3162 for the market to move upwards.
If this resistance level cannot be broken, it is only a matter of time before it falls below three thousand.
You can continue to try around 3162, and if the four-hour close breaks this resistance level, exit manually.
The upper resistance levels are at 3220, 3330, and the lower support levels are at 3016, 2904, 2808.
$SOL SOL SOL was mentioned last night with the brothers; it has already fallen below support in four hours and will have a four-hour level correction, with the correction target of 230 being precisely reached. Public account: Yunzi Public Community, waste-free good skirt
After the correction is in place, there will definitely be a rebound at a smaller level, with the rebound target at 235.
If it can close above 235 in one hour, the rebound can continue looking towards 237, 240;
If it cannot even reach 235, then this rebound will also be over.
In recent weeks, BTC has been on an upward trend. The news of Trump's election spread to the cryptocurrency market, bringing substantial profits to investors.
The rebound led by BTC has driven the prices of several assets to significant highs, with BTC itself continuously setting new peak values. About six days ago, the price of BTC surged to a high of 93,434.36 dollars, marking its latest peak record.
However, the key question is whether BTC can sustain this upward momentum and reach the coveted 100,000 dollars mark. In the past 24 hours, BTC's price has been highly volatile, even briefly falling below the 90,000 dollars range.
Polls show: 85% of investors believe that BTC will reach 100,000 dollars in 2024. Address: Cloud Community, no waste of good skirts
From past data, during most Thanksgiving periods in the past, the price of BTC has shown an upward trend. Unless unexpected circumstances arise, the price of BTC is expected to rise by 9.72% around Thanksgiving, potentially reaching a peak of 100,707 dollars.
Green Zone: There is a higher likelihood of BTC experiencing a significant rebound or moving sideways within this range.
Red Zone: In this area, the probability of BTC declining or moving laterally is relatively high.
For the remaining time today, the expected market trend is a decline followed by a rebound; however, during the rebound, it may encounter resistance and struggle to create new price highs.
The bottom is expected to occur around 1 - 2 AM; as long as the key price is not broken, the bullish trend will continue.
The trend of Bitcoin remains healthy at the moment, although there was a certain degree of a surge followed by a pullback yesterday. However, from the trend perspective, it is still in a state of low supply.
Analyzing purely from a pattern perspective, hitting a new high is still likely to happen, but it is uncertain whether it can directly break the 100,000 price level.
It is possible that after reaching a new high, there will first be a pullback adjustment process before continuing to rise. From the perspective of smaller time frames, there are no issues, and it also shows a pattern of low supply.
Therefore, in terms of operational actions, we can continue to hold positions and maintain patience; from the perspective of a larger cycle, there are no major problems.
As for Ethereum (ETH), it is linked with Bitcoin, but its exchange rate regarding the bottom situation is still not very clear and needs further exploration and confirmation.
In terms of altcoins, they generally follow the trends of Bitcoin and Ethereum.
The activity level of funds in the market has cooled down to some extent compared to before, but the overall big trend has not changed.
The altcoin season has not officially started yet, and the strongest profit-making phase has not appeared. Bitcoin's market cap still occupies a high proportion, so we just need to patiently wait for the turning point to arrive.
Market data: The Fear and Greed Index is currently at 90.
A BBT appeared in the morning. Wow, it increased 10 times in just one hour!
I went out to the bathroom for a while, and I was shocked when I came back. I really have to admit it!!!
I entered the market at 0.000054, but in just over an hour, the price rose to 0.00075!
With this crazy meme momentum, who would buy VC coins? No wonder VC coins have been falling all the time in the past six months. No one is willing to be a buyer for institutions.
But then again, 99% of these dog projects will eventually return to zero.
When you play, just try Qingcang. Just treat it as buying a lottery ticket with the expectation of winning. Don't invest too much, let alone all-in!
I won't say anymore. I have to go to lunch. I have to give myself a chicken leg today!
Taking a specific cryptocurrency we are focusing on as an example, we will practice the 1 - 2 - 3 rule by observing its daily chart.
Initially, we noticed that this cryptocurrency has continuously created new highs in the past period, and its lows are also showing a gradual upward trend. At the same time, the 20-day moving average has crossed above the 60-day moving average. Based on these observations, we can determine that this is an upward trend.
During the continuation of the upward trend, the cryptocurrency price experienced a pullback, and the pullback position was close to a key previous low, which we identify as the support level.
Subsequently, we observed a hammer candlestick pattern appearing near this support level, and on the day the hammer candlestick appeared, the trading volume increased compared to the previous days, which is undoubtedly a strong buy signal.
Investors buy the token based on this signal while setting the stop-loss level below the support level by a certain margin, for instance, setting it at a position 5% below the support level. Afterwards, the price indeed continued to rise as expected, resulting in considerable gains for the investors.
Bitcoin Futures Gap: Is it a Pullback Trap or a Bull Market Accelerator?
Recently, Bitcoin prices have stabilized around 90,000.
However, the issue of futures gaps that many people are concerned about has become increasingly thought-provoking, especially the gap in the range of 78,000 to 80,000 dollars. Will it be filled?
The reference value of futures gaps is limited:
During a bull market phase, futures gaps do not necessarily get filled immediately.
In the process of market operation, it is possible to directly ignore these gaps and continue to break upwards.
Of course, these gaps are likely to be filled at some point in the future, but it may take until the next bear market to complete this process.
Looking back at the last major bull market, similar situations occurred when the gaps were only filled during the subsequent bear market phase. Public WeChat ID: Yunzi Public Community, No Waste Good Skirt
Thus, it can be seen that futures gaps cannot be the sole basis for judging that Bitcoin will inevitably pull back in the short term. $BTC
Bitcoin dipped to the support level last night, but quickly regained its ground and then touched the four-hour support level at 90600.
The four-hour level correction has been completed, followed by the start of a four-hour uptrend.
Currently, it has broken through the upper resistance level of 92000, and the next key resistance level to watch is 93400.
From a smaller timeframe perspective, the support levels are 91465 and 90600.
If these two support levels are broken, attention should be paid to the bottom support level of the four-hour consolidation area at 88763.
If this bottom support level of the consolidation area is also broken, the price will continue to decline, possibly falling to the levels of 86800 and 85261.
Trading ideas are as follows:
Consider going short near 93200, with a stop loss set at 93500;
You can lightly go short near 95000 - 96000, with a stop loss set at 96600;
Public account: Yunzi Public Community, no waste good skirt.
If the price breaks 100000, a three-fold leverage can be used for medium to long-term short operations at a 5% position. As for going long, you can make a short-term long operation at 85200, with a stop loss set at 84500.
sol is expected to break through 250 within 24-36 hours, and further move towards 260, and then break through the historical high to create a new price peak.
The price of 257 is the key point to hit 300. If it can stand firm here and make it a strong support, then the target of 300 will be firmly included in the attack range in the near future, and achieving this goal will be just around the corner.
Therefore, when the price reaches around 257, there is a high probability that there will be a period of consolidation. Even if it rebounds to 268, 279, 286 and other prices later, it will fall back to the key position of 257 many times.
BTC ETH once again fell into a short consolidation state
——Real-time report of market data on November 18:
From the on-chain data, BTC's selling pressure is on a downward trend, while ETH's selling pressure is rising, and the support force remains stable.
BTC and ETH's bulls are accumulating strength, and a wave of bullish power is expected before the 19th.
The holding volume of Bitcoin and Ethereum has reached a stage-by-stage high, which makes them likely to pull back.
BTC:
The short-term support level is 88856, and the short-term pressure level is 90425; The medium-term support level is 87786, and the medium-term pressure level is 91210.
ETH:
The short-term support level is 3052, and the short-term pressure level is 3109; The medium-term support level is 3018, and the medium-term pressure level is 3150.
Please note that the above information is for reference only and is not an investment advice.
Last night, Powell's speech caused a panic. The price of BTC (Bitcoin) dropped from 91,700 to around 87,000. This was mainly caused by his two key remarks.
Last night, Powell's speech caused a panic. The price of BTC (Bitcoin) dropped from 91,700 to around 87,000. This was mainly caused by his two key remarks.
First, Powell said he was “not in a hurry to cut interest rates.” This means that the uncertainty of the December rate cut has become even greater.
Second, Powell mentioned that "inflation is still a long way to go to reach 2%." This is actually expressing concerns about inflation. Once inflation cannot be suppressed, there may be no hope for subsequent interest rate cuts, and there is a very small probability that the opposite situation will occur.
In the magical world of cryptocurrency, there are so many ways to play. Today I will tell you about several common ways to play, which I promise will make it easy for you to understand! Newbies should learn it quickly! !
In the magical world of cryptocurrency, there are so many ways to play.
Today I will tell you about several common ways to play, and I guarantee you will understand it easily!
Newbies should learn quickly! !
1. The method of hoarding coins This method is very simple. Just buy the coin and leave it there. Don't worry about it and wait for it to appreciate slowly. This process may take half a year, a year, or even longer. As long as you have the patience to hold on, the return will definitely not be bad.
However, the difficulty is that many people can't help but want to sell the currency when they see the price of the currency rise, and once the price of the currency falls, they start to panic and can't hold it for a long time. So, hoarding coins seems easy, but it actually tests your patience.
Bitcoin, let's give it a few more days to see if it can push towards the $95,000 resistance level.
If it still fails to push forward next week, I will try to open a trend order.
You know, I have said before that the end of this year is a great time for the US stock market and the cryptocurrency market to start a bear market. We will not give up easily, "The Kon Army will never be slaves"!
In the past 24 hours, 185,417 traders were liquidated, with a total liquidation amount of $518.33 million.
Among them, the largest single liquidation order appeared on Binance, which was $10.47 million worth of $ETH. Moreover, 72.9% of all liquidations were long positions.
In addition, the liquidation rate of altcoins has always been higher than that of BTC.
You can predict that in the near future, the altcoin bull market is likely to appear.
You must know that before the altcoins rise sharply, the process of liquidating altcoins is bound to happen.
11.15 Important news and in-depth analysis of the market
1. At the daily level, the pattern of Yin-enclosing Yang has been clearly presented, which means that this wave of rising market is likely to have come to an end.
Although Trump's election has established the trend of multi-head, the positive factors have almost been digested by the market, so you have to pay attention to the short-term correction.
2. From the analysis of the market, the current trend is still to see the kong. The price has fallen below the support level of 88700. This wave of market will fall to at least 85400, and the next support level is 85000.
Although this support level is likely to be untenable, when the price falls to this level for the first time, you can try to make a multi-head order, and then decide on the subsequent operations according to the situation. The order is recommended to make a kong at 89100, with the target at 85400, and the stop loss is set at 90000.
If the market rebounds and the price stabilizes above 90,000, then you can see 100,000 upwards; if the price is long at 85,000, once it falls below 85,000, continue to be short to around 83,000. Guanzhu Public Account: Yunzi Commune, Mianfei Jiaqun
3. Order strategy: Take the approach of taking more at a low position. For the currencies that you were optimistic about but didn’t get on the train in time, don’t panic when the callback occurs, and seize the opportunity to get on the train when the callback occurs!
Like bnb, ton, neiro, these currencies are waiting to explode, and there are also pepe, wif, act, sui, etc. that have already exploded but can still continue to enter the warehouse during the callback.
Didn't I release the information in advance when the price of Bitcoin reached 90,000 yesterday?
All long orders at this price were stopped at 91,390. At that time, even if you closed the long position manually at the market price, it was at the highest point.
You should know that one hour after I notified all the stop profits, the U.S. stock market opened and there was a lure to pull up, and the price rose to more than 91,800, which gave you enough time to close the long position for risk aversion.
Otherwise, why did I predict that Ethereum (ETH) might fall to 3032 and 2880 when it was at 3180, and released the relevant information about online goods?
If you have normal trading logic, you should understand that I am reminding you that there are risks in yesterday's trend.
However, the current market volatility is not very large, and the overall trend is still bullish.
I look forward to Ethereum breaking through doubts and creating new highs in the next few months or even a year. Guanzhu Public Account: Yunzi Commune, Mianfei Jiaqun
However, if your trading level is not enough, you always have your own ideas when doing Heyue trading, and you are too greedy and cannot strictly implement the trading strategy, then you should try to hold more online goods.
Sometimes, it is not that you don’t learn, but that there is a problem with your trading logic itself.