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12.21 Saturday, wishing everyone a happy Winter Solstice The large pancake (Bitcoin) currently shows a clear daily bullish trend has broken and the structure has been damaged, the daily bullish lifeline has been breached (30-day moving average) and the current adjustment has also been validated. The market will undergo further changes. Yuelin believes that the large pancake price will test the bottom again in the future, I have said that in the short term, we will take it step by step for the most stability. In the 4-hour timeframe, the price continues to form a Doji star, if this 12-hour candle does not break the 98300-98000 range, then the gun barrel will aim downward again. Technical indicators are showing a flat performance, with the indicators in the middle, suggesting that there is considerable room for movement either upward or downward. Personally, I feel there is a strong bearish sentiment, and this will be another wave of selling; at that time, we will see pressure forming in front of the trend, which is meant to be broken through. Saturday morning trading strategy: BTC: 97600-98200 short, target 96800-95700-94800 ETH: 3480-3490 short, target 3370-6395-5922-9171-7549-7032-9178-8153-9232-8245-5289-6149-3676-0153-2
12.21 Saturday, wishing everyone a happy Winter Solstice
The large pancake (Bitcoin) currently shows a clear daily bullish trend has broken and the structure has been damaged, the daily bullish lifeline has been breached (30-day moving average) and the current adjustment has also been validated. The market will undergo further changes. Yuelin believes that the large pancake price will test the bottom again in the future, I have said that in the short term, we will take it step by step for the most stability.

In the 4-hour timeframe, the price continues to form a Doji star, if this 12-hour candle does not break the 98300-98000 range, then the gun barrel will aim downward again. Technical indicators are showing a flat performance, with the indicators in the middle, suggesting that there is considerable room for movement either upward or downward. Personally, I feel there is a strong bearish sentiment, and this will be another wave of selling; at that time, we will see pressure forming in front of the trend, which is meant to be broken through.

Saturday morning trading strategy:
BTC: 97600-98200 short, target 96800-95700-94800
ETH: 3480-3490 short, target 3370-6395-5922-9171-7549-7032-9178-8153-9232-8245-5289-6149-3676-0153-2
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Big plunge tonight, over 420,000 liquidationsCryptocurrency continues to crash! In the past two days, the cryptocurrency market has plummeted significantly, with Bitcoin 'jumping down' from its historical high of $108,000, falling below $100,000 on Thursday, and dropping below $93,000 again on Friday night. Cryptocurrencies like Ethereum, BNB, Solana, Dogecoin, and Cardano also followed suit. The new round of crashing in cryptocurrencies has also led to many liquidations. Coinglass data shows that in the past 24 hours, more than 420,000 people in the crypto market were liquidated, with a total liquidation amount reaching $1.4 billion, of which over 80% were long liquidations.

Big plunge tonight, over 420,000 liquidations

Cryptocurrency continues to crash!
In the past two days, the cryptocurrency market has plummeted significantly, with Bitcoin 'jumping down' from its historical high of $108,000, falling below $100,000 on Thursday, and dropping below $93,000 again on Friday night. Cryptocurrencies like Ethereum, BNB, Solana, Dogecoin, and Cardano also followed suit.
The new round of crashing in cryptocurrencies has also led to many liquidations. Coinglass data shows that in the past 24 hours, more than 420,000 people in the crypto market were liquidated, with a total liquidation amount reaching $1.4 billion, of which over 80% were long liquidations.
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The Silk Road is all publicly available on the internet, so precise, keeping up means it's definitely smooth sailing, why are there still people constantly watching it.
The Silk Road is all publicly available on the internet, so precise, keeping up means it's definitely smooth sailing, why are there still people constantly watching it.
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12.20 Midday Silk Road: Last night, the price comparison rose again, reaching a peak of 102756, followed by a decline, with a low of 95681. Currently, the price comparison is running around 97800. Since the drop from the 108000 level, the decline has approached 13000 points, and it should have been sufficiently washed out by now. Although the bears are strong at the moment, at the end of the week, do not blindly rush in, as the market may again experience an extreme reversal. The daily line has closed in the red again, although it broke below the lower track, it lacks certain continuity. During the day, attention should be paid to whether the price comparison can stabilize at this position. If it can stabilize, the short-term pullback will continue; if it cannot stabilize, the price comparison may rebound again to recover. From the four-hour structure, the price comparison has been repeatedly pressured at the middle track, and has currently broken the previous strong consolidation correction method. Combined with the spatial pullback, attention should be paid to the changes between bulls and bears at the end of the week. Whether it will strongly recover the lost ground after a pullback or further decline. If it further declines, it will end the strong upward pattern, leading to a short-term pullback; conversely, if it stabilizes and rises to recover lost ground, the bulls will continue to gather strength for a higher push. We suggest focusing on rebounding as the main strategy on Friday midday. The big coin rebounds to around 97900-98500, with targets at 96500-95700-95200. If it breaks below the 95000 level, it will continue to look towards around 93800. If the rebound breaks through, then focus on the pressure around 100800.
12.20 Midday Silk Road:
Last night, the price comparison rose again, reaching a peak of 102756, followed by a decline, with a low of 95681. Currently, the price comparison is running around 97800. Since the drop from the 108000 level, the decline has approached 13000 points, and it should have been sufficiently washed out by now. Although the bears are strong at the moment, at the end of the week, do not blindly rush in, as the market may again experience an extreme reversal.

The daily line has closed in the red again, although it broke below the lower track, it lacks certain continuity. During the day, attention should be paid to whether the price comparison can stabilize at this position. If it can stabilize, the short-term pullback will continue; if it cannot stabilize, the price comparison may rebound again to recover. From the four-hour structure, the price comparison has been repeatedly pressured at the middle track, and has currently broken the previous strong consolidation correction method. Combined with the spatial pullback, attention should be paid to the changes between bulls and bears at the end of the week. Whether it will strongly recover the lost ground after a pullback or further decline. If it further declines, it will end the strong upward pattern, leading to a short-term pullback; conversely, if it stabilizes and rises to recover lost ground, the bulls will continue to gather strength for a higher push. We suggest focusing on rebounding as the main strategy on Friday midday.
The big coin rebounds to around 97900-98500, with targets at 96500-95700-95200. If it breaks below the 95000 level, it will continue to look towards around 93800. If the rebound breaks through, then focus on the pressure around 100800.
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In a bull market, sharp declines frequently occur, driven by a series of market operation considerations. Firstly, the market needs to utilize extreme volatility to conduct a 'wash' — that is, to eliminate retail investors. Due to the generally strong willingness of retail investors to hold onto their stocks and their high level of stickiness, they are usually reluctant to easily sell their assets. Therefore, a sharp decline is needed to force them to sell. In fact, sharp declines may need to occur multiple times to effectively clear out most retail investors. So why clear out retail investors? Many might think, wouldn't it be better if everyone made money together? But from the perspective of market leaders, this is not the case. Without new capital inflows, if retail investors are not cleared out, the leaders will face significant financial pressure when pushing up coin prices. Once retail investors make a profit, they often choose to sell, leading to continuous selling pressure on the leaders during the upward push. This increases costs, almost like carrying retail investors on their backs. Therefore, after clearing out retail investors through methods such as sharp declines, the market becomes clearer, and the leaders can continue to drive up coin prices without interference from retail investors, and there is no longer selling pressure, making subsequent rises smoother. This operation is beneficial for the leaders to gain a larger profit margin and provides better conditions for future market rises.
In a bull market, sharp declines frequently occur, driven by a series of market operation considerations. Firstly, the market needs to utilize extreme volatility to conduct a 'wash' — that is, to eliminate retail investors.

Due to the generally strong willingness of retail investors to hold onto their stocks and their high level of stickiness, they are usually reluctant to easily sell their assets. Therefore, a sharp decline is needed to force them to sell. In fact, sharp declines may need to occur multiple times to effectively clear out most retail investors.

So why clear out retail investors? Many might think, wouldn't it be better if everyone made money together? But from the perspective of market leaders, this is not the case. Without new capital inflows, if retail investors are not cleared out, the leaders will face significant financial pressure when pushing up coin prices. Once retail investors make a profit, they often choose to sell, leading to continuous selling pressure on the leaders during the upward push.

This increases costs, almost like carrying retail investors on their backs.

Therefore, after clearing out retail investors through methods such as sharp declines, the market becomes clearer, and the leaders can continue to drive up coin prices without interference from retail investors, and there is no longer selling pressure, making subsequent rises smoother. This operation is beneficial for the leaders to gain a larger profit margin and provides better conditions for future market rises.
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In a bull market, sharp declines occur frequently, driven by a series of market maneuvers. First, the market needs to create volatility to 'cleanse' the retail investors, essentially removing them from the equation. Retail investors typically have a strong willingness to hold onto their shares and a high level of stickiness, making them reluctant to sell their assets easily. Thus, sharp declines are needed to force them to sell. In fact, these declines may need to happen repeatedly to effectively clear out most retail investors. So, why is there a need to cleanse the retail investors? Many might think that it would be better for everyone to make money together. However, from the perspective of the market leaders, the situation is not so simple. Without new funds flowing in, if retail investors are not cleared out, the market leaders will face significant financial pressure when trying to push the coin price up. Once retail investors make a profit, they often choose to sell, which causes the market leaders to constantly encounter selling pressure during the price increases, raising their costs, as if they are 'carrying the sedan chair' for the retail investors. Therefore, by cleansing the retail investors through sharp declines and other means, the market will become clearer. The market leaders can continue to push the coin price up without the interference of retail investors, and without selling pressure, subsequent price increases will also proceed more smoothly. This kind of operation helps the market leaders to gain larger profit margins and provides better upward potential for future market trends. #加密市场回调 #USUAL现货上线币安 #加密用户突破1800万 #圣诞行情预测 #USUAL现货上线币安
In a bull market, sharp declines occur frequently, driven by a series of market maneuvers. First, the market needs to create volatility to 'cleanse' the retail investors, essentially removing them from the equation. Retail investors typically have a strong willingness to hold onto their shares and a high level of stickiness, making them reluctant to sell their assets easily. Thus, sharp declines are needed to force them to sell. In fact, these declines may need to happen repeatedly to effectively clear out most retail investors.

So, why is there a need to cleanse the retail investors? Many might think that it would be better for everyone to make money together. However, from the perspective of the market leaders, the situation is not so simple. Without new funds flowing in, if retail investors are not cleared out, the market leaders will face significant financial pressure when trying to push the coin price up. Once retail investors make a profit, they often choose to sell, which causes the market leaders to constantly encounter selling pressure during the price increases, raising their costs, as if they are 'carrying the sedan chair' for the retail investors.

Therefore, by cleansing the retail investors through sharp declines and other means, the market will become clearer. The market leaders can continue to push the coin price up without the interference of retail investors, and without selling pressure, subsequent price increases will also proceed more smoothly. This kind of operation helps the market leaders to gain larger profit margins and provides better upward potential for future market trends. #加密市场回调 #USUAL现货上线币安 #加密用户突破1800万 #圣诞行情预测 #USUAL现货上线币安
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