Ethereum Struggles Below $3,659 Resistance Level: Is Momentum Waning?
Ethereum is struggling to cope with the key resistance level of $3,659, as momentum appears to be waning. After a period of steady gains, the cryptocurrency has entered a consolidation phase, with bulls struggling to push it higher. This pause has raised questions: Is Ethereum's upward momentum losing steam, or is it just preparing for the next big move? This article aims to analyze ETH's current consolidation below the $3,659 resistance level, focusing on its impact on market pressure. It will also determine whether ETH can regain upward momentum through technical indicators, support zones, and potential breakout scenarios, or whether weakening strength will lead to further declines.
11.17 Currently, the price of Bitcoin is around 90500, and the price of 85000 has not fallen below it, which means that 93000 is not the highest point of this round. The operation suggestion is to buy at 89000~86000 in batches, protect 85000, and the target is 90000-93000-96000-100000.#Solana涨势分析 #XRP突破历史高点? #BTC冲破9万 $BTC $ETH
2024.11.9 Operation Strategy, Bitcoin Range: 76300~77200 in batches, quality loss 78300, target 75500-74500-72500, recently had a lot of long positions. Trying to short for a wave. #BTC☀ #ETH🔥🔥🔥🔥
2024.9.19 Bitcoin market analysis, after this period of low-level fluctuations, it has been mainly short-selling, now long-selling, 4h has broken through, open orders suggest stepping back to 60500~61000 to enter the market, protect 59255, target: 63000-65000-70000-73000.#美联储宣布降息50个基点 #美国大选如何影响加密产业? #BTC☀ $BTC $ETH
Oh my god, I woke up and it was more than expected. The third stop profit is 62500, and the dog dealer gave 2500 more points. Since it is given, let's give more! The target is 66500~67000. After this round of long, Tielin will go short again. Give it in advance, openly, 66500~67000 Kong, nephew 68088, stop profit 63500-60500-56500. How to give him empty when it goes up? Is there anyone who wants to do it together? #美联储何时降息? #BTC☀ $BTC
8.16 I have been shorting these days. I have been shorting all the way. I have been shorting all the time. I have been happy all the time. The short position is over. How to place an order next? How about going long? Come: 56500~55500 can be long in batches, stop at 54288, and take profit at 58500-60500-62500.#美联储何时降息? #BTC☀ $BTC
BTC was blocked near 62700 and fell back to 57600. It is a short-term volatile market. The general direction is bearish. Try to find the pressure point to short (the pressure point of the big cake is 60000/62000/63000), and the support point to short (support 56500/57500/58500) with a stop loss of 1,000 points. Don't have a pattern in the short term. If there is a chance to reach 63000~64000, you can try to pattern it. The following attached picture, I hope it will be helpful to everyone😊#美联储何时降息? #美国7月非农就业增长放缓 $BTC
I used various analyses such as moving average entanglement, wave theory, Fibonacci, etc., and concluded that the current risk of going long is far greater than going short. Since you don’t want to go down, right? Give another chance to pull up, give it in advance and publicly: short around 63000~64000, stop loss 65388, take profit 60000-55000-50000.#美联储何时降息? #BTC走势分析 $BTC $ETH
The open short position given in advance has been sold at 1800 points, the long position of Sol has been sold, and there is still a little bottom position left for the long position of Pie. For the time being, watch more and do less. #BTC走势分析 #美联储何时降息? $BTC $ETH
8.5 The traditional financial market brought down the cryptocurrency market. Bitcoin fell below 50,000, and Ethereum was even more terrifying, falling to 2,100. Unfortunately, the long orders laid out earlier were buried, but the losses were also made up after bottom-fishing. I believe that many people have been liquidated. Remember to bring a stop loss to the contract, and do not hold a heavy position. Since the opening is open, is it okay to short it after the rebound? Give Bitcoin short orders in advance and publicly enter the market at 58,500~59,500, stop loss 60,500, the first target is 55,500, the second target is 51,500, and the third target is 46,000.#美联储何时降息? #BTC走势分析 #BTC☀ $BTC $ETH
8.3 Bitcoin market analysis: After this period of correction, Bitcoin has adjusted from 70,000 to 60,000, which is also within the expected range. I believe many people are panicking, and all kinds of bulls, horses, gods and snakes are shouting 40,000/48,000. Tielin insists on being bullish. At present, there is a small long position. Continue to hold. Give the opportunity to add another layer of position around 58,000. Partners who have not boarded the train can arrange long positions in batches at 58,000~60,000, and long positions at 2900~2800 for Ethereum. $BTC $ETH cherish the opportunity of the correction, okay? There will be fewer and fewer such opportunities in the future. #美联储何时降息? #比特币大会 #BTC☀
This is unmatched. This position is too good. Some people say that the guess is correct. Some people say that the dog dealer has read Tielin’s article. Without further ado, the big cake has adjusted from 70,000 to the lowest point of 62,300. The adjustment is in place. Go long, go long, go long. Important things are said three times! #美联储何时降息? #美国大选如何影响加密产业? #BTC☀ #比特币大会 $BTC $ETH
The first entry position of Bitcoin has arrived. I have entered the first position. I will cover the position near 60500 and stop loss at 58288. I will not reduce the position unless it breaks the new high. Anyone want to join? #比特币大会 #美国以太坊现货ETF开始交易 #BTC☀ $BTC $ETH
The 70,000 target has been achieved, all closed, give the air force a chance, okay? Waiting for a callback to 62500~63500 to continue to enter the long order. #比特币大会 #拜登退选 #美国以太坊现货ETF开始交易 $BTC $ETH $SOL
7.21 BTC market analysis: Currently, Bitcoin is around 66600. The five-wave rise has been completed. The long position has been reduced twice. Currently, 30% of the position is left to continue holding. It's a 12,000-point profit. Friends: Are you satisfied? The current trend is still bullish. If there is a callback, 60500~59500 will be long in batches, and the stop loss will be placed at 58300. I will also make up for the reduced position. Remember to go long on the callback, not on the empty position. Don't go against the trend. #BTC☀ #以太坊ETF批准预期
7.15 The second stop profit is also approaching for the long orders of Bitcoin near 5500. Another stop profit of 30% is too much to keep up with. Can you continue to increase your position when it falls back to 58500~59500? You can also refer to the entry position if you don’t have an entry position. Control your position and stop loss at 56400. It is very clear to tell you that 53400 is the bottom of this round. #美国6月CPI大幅降温 #德国政府转移比特币 #BTC☀️
7.5 Big Pie Strategy: 55200~54500 long, stop loss 53750, first stop profit 58000, second stop profit 63500, third stop profit 70000. I was buried twice when I bought the bottom in advance. Can I defeat the dog dealer at once this time? $BTC $ETH #Mt.Gox将启动偿还计划 #BTC☀
7.1 Bitcoin market analysis: Friends, the first day of July started well. I have talked about how to confirm the bottom structure before. Now I will tell you clearly that 58400 is the bottom of this wave. At present, Bitcoin is around 62700. The teammates who got on the train have reduced their positions to lock in profits. Friends who have not yet got on the train can enter the long position in batches in the 62000~61000 area, protect 59800, the first target is 67000, the first target is 72000, and the third target is 76000. The entry position of Ethereum is 3430~3350, protect 3300, the first target is 3600, the second target is 3800, and the third target is 4300. Personally, I do not recommend participating in venture capital. #Mt.Gox将启动偿还计划 #以太坊ETF批准预期 #BTC☀ #ETH🔥🔥🔥🔥