The price of Bitcoin has risen to a previous high, reaching over 73,000.

It is important to note that this price level is quite high in Bitcoin's historical prices, and only 7 months have passed since the last time this price appeared.

In this situation, we cannot rule out that some investors may choose to break even.

These investors may have missed the opportunity to take profits initially or bought in at a high point.

Their actions to break even could likely lead to a correction in Bitcoin's price.

The current market sentiment is still FOMO (Fear of Missing Out), and the overall trend remains upward, with a strong bullish atmosphere.

However, personally, I would choose to wait and not make any moves today.
#BNB0098
Shorting in a bull market already faces huge risks, and now chasing high prices carries considerable risks as well. Therefore, I personally decide to maintain a wait-and-see attitude👗👆

In such market conditions, waiting for a price correction before going long will enable a more effective increase in win rate and a decrease in risk.

#BTC走势预测 #BTC☀

Wow! The BTC dominance has actually突破 60% this important barrier!

And it's only a little bit away from the target resistance level!

To complete the touch on this target resistance level, there are two possible scenarios.

The first scenario is that altcoins maintain a sideways trend, and then BTC makes another surge, breaking through to a new high. In this case, BTC's strong performance will continue to consolidate its dominance, while also laying the groundwork for the subsequent movements of altcoins.

The second scenario is that BTC experiences a pullback, while at the same time, altcoins undergo another significant drop.

This is like a reshuffling of the market, creating conditions for subsequent market changes.

After this, I believe that altcoins will likely start to gradually catch up, or at least show signs of resilience against declines. #BNB0098

Starting next year, we can expect the ETH exchange rate to stabilize and rebound.👗👆

As long as we persist for a little longer, those trapped altcoins will have a chance to see the dawn! Everyone must be patient and wait.

#狗狗币创数月新高 #比特币布林带收窄至低水平 #下一BTC历史新高是多少？

BOME🔥🔥🔥

The current price is around 0.0091, and everyone can buy directly. If the price drops to 0.0088, we can add to our positions, with the target being a price rise above 0.01!

We are optimistic about BOME, just as we were in the last round with pepe.

It is clear that BOME is accumulating chips over time; its bottom formation has already emerged. The current rhythm is to clear floating chips while pushing up the price.

Let’s wait for it to start accelerating upwards. It’s worth noting that BOME’s popularity and the strength behind it are comparable to pepe, both are very robust.

#BinanceBlockchainWeek #狗狗币创数月新高 #下一BTC历史新高是多少？

In the daily chart of Bitcoin, we can see that after experiencing high-level fluctuations, its price gradually climbed to the upper rail of the Bollinger Band.

This is not only the case at the daily level, but also at the monthly level. After experiencing high-level fluctuations, there is a certain gap above. From this situation, the subsequent Bitcoin price is likely to move towards the upper rail of the Bollinger Band, and the corresponding price at this position is about 80,000 US dollars.

Let's take a look at the current performance of Bitcoin in the four-hour chart. It shows a trend of shrinking volume and rising, that is, while the trading volume is decreasing, the price is rising.

This special form is often a signal, which indicates that in the subsequent market, the price of Bitcoin will most likely continue to rise. Even if there is a decline, it may only be a small correction, and the possibility of a sharp drop is very small. #BNB0098

We can further analyze the actual chart situation. You can look at the A area marked in the figure below. In this area, after the price of Bitcoin rose to 65,000, there was only a small correction, and then it continued to rise to 69,000 US dollars. The current trading volume of Bitcoin is very similar to the situation in area A. 👗👆

Combining the above analysis, the price of Bitcoin is likely to reach 80,000 US dollars. So in the next period of time, the overall trend is bullish, and you can consider buying when the price is low.

#BinanceBlockchainWeek #BTC触及7W #BTC突破7W1

Bitcoin Short-Term Holders SOPR Reveals Upside Potential

The Short-Term Holders SOPR index is specifically calculated for those who have held Bitcoin for more than 1 hour but less than 155 days.

In simple terms, it is an indicator that reflects whether short-term holders are in profit or loss compared to when they initially held Bitcoin.

If this index is greater than 1, it means that the proportion of coins held by short-term holders that are in profit is relatively high in short-term investments;

Conversely, if this index is below 1, we can consider that the proportion of coins in loss is prevailing. Currently, even though the price of Bitcoin has risen to $70,000, the value of this Short-Term Holders SOPR index is only 1.017%,

indicating that short-term holders are only seeing slight profits, and the market has not shown signs of overheating. During a stable period of 2 years and 7 months, a value of 1.03% indicates that the market is overheating.

So, before reaching this overheating value, there may still be room for Bitcoin's price to continue to grow. 👗👇

If Bitcoin's price breaks through a higher point and the Short-Term Holders SOPR value rises rapidly, we can basically conclude that a comprehensive upward rebound has begun.

However, everyone should be aware that the outcome of the U.S. presidential election could very well become a significant turning point for the price trends of various assets, including Bitcoin. When dealing with this situation, it is essential to fully consider the inherent risks.

The cryptocurrency world is like a big casino full of temptations. Whether you are trading cryptocurrencies or dabbling in exchanges, here, the greed in human nature will be ruthlessly awakened.

The horror of trading cryptocurrencies is truly no less than that of drugs.

You see, human nature gradually distorts under the drive of profit, and that state is like the trend curve of cryptocurrency prices—mad and unpredictable, ordinary people simply cannot control it.

In the cryptocurrency world, the number of small investors who can truly make money is very few, and those temporary celebrations due to profits ultimately cannot escape the fate of being mercilessly consumed by darkness.

Perhaps you would say to treat cryptocurrency trading like playing the lottery, just with a mindset of having fun.

However, once you have experienced that stimulating feeling akin to drugs, how many people can manage to stay out of it, remain unconfused, or pull back in time when teetering on the edge of madness?

#BTC触及7W #BTC突破7W1 #比特币布林带收窄至低水平

When will the spring of altcoins arrive? Especially for the meme sector, this is a question that many investors are concerned about.

The Key Role of Bitcoin
Bitcoin's performance is one of the key factors. It needs to show a trend of hitting new highs, like a warrior about to go into battle, exuding an unstoppable momentum;
or directly break through new highs, becoming the spark that ignites market enthusiasm.
Once Bitcoin achieves such a feat, market sentiment will explode like a barrel of gunpowder, instantly igniting the entire market, plunging it into a frenzy, like a grand celebration.

The Impact of Ethereum
The situation with Ethereum cannot be ignored. Currently, Ethereum is in a severely oversold state, but there is a new sign that V God’s statements have started to become frequent.
V God is like an “ancient true god” with magical powers in the cryptocurrency realm, and every word he says has extraordinary influence. When he becomes active again, it’s like injecting a strong dose of adrenaline into Ethereum.
In this case, the meme coins in the Ethereum ecosystem have a hope of taking off, able to awaken those “whale” investors who made a fortune in the last bull market but are now on the sidelines, reigniting their investment enthusiasm.

Changes in Market Environment
The entire cryptocurrency market’s market capitalization needs to increase first; this is an important prerequisite for altcoins to welcome spring. When Bitcoin successfully reaches new highs and enters a sideways adjustment phase, if market sentiment can remain stable, it’s like a giant ship steadying itself in the waves.
At the same time, as Bitcoin's dominance begins to decline, it’s like opening a floodgate; the funds that were originally concentrated in Bitcoin will start to flow to other altcoins (alt), bringing a vigorous vitality to altcoins.👉BNB0098

These three points are the essential conditions for altcoins to welcome spring. Dear hodlers, as long as you have enough patience and hold on until spring next year, the prosperous “mating season” of meme coins will wave hello to you! 👗👆

#BinanceBlockchainWeek #比特币布林带收窄至低水平 #BTC触及7W #BTC突破7W1

Boys and girls, have you noticed that everyone seems to prefer looking at indicators while not paying much attention to volume and price analysis?

Why is that? Because the threshold for indicators is low, and that kind of 'carving a boat to seek a sword' method is something everyone can easily learn.

However, I want to tell you that when I trade ETH, I don't just look at indicators; I also consider volume and price analysis before deciding to go long on ETH.

Today, I will share with you an internal reading of ETH.

As for the ETHBTC exchange rate, from its situation, it has already returned to a very important support level on the weekly chart.

Looking closely at the local area, it has also shown an oversold situation in a downtrend channel, which suggests that this is very likely the bottom.

The daily chart for ETH looks a bit chaotic, so let's switch to the 3-day chart. Here on the right side, it is clear that demand exceeds supply, and today the price has risen, forming a higher low.

Now, looking back at the daily level, I bought spot near 2470 and also added some coin-based positions.

#狗狗币创数月新高 #BTC触及7W #BTC突破7W1

10.29: Cryptocurrency Market Analysis - Offensive and Defensive Strategies

1. Current Market Situation and Bull Market Wave Perspective
The recent rise of Bitcoin has sparked various discussions about the bull market's main wave.

However, we need to remain calm and view this rationally.

In reality, BTC has not yet broken through its consolidation range, and ETH hasn't even reached its resistance level. In this situation, it's too early to discuss the main wave of a bull market.

My viewpoint remains unchanged; I do not anticipate the so-called main wave to occur at this moment.

Moreover, I expect that the exchange rate of ETH and altcoins relative to BTC will continue to decline, a situation that could persist until the end of the year.

2. Conditions for Changing a Bearish Perspective
There is only one scenario that could make me change my current bearish stance: if ETH can effectively stabilize above 2820. I have emphasized this point multiple times.

If the market truly experiences a main wave, then considering going long after ETH stabilizes at that price level will still be timely.

Acting blindly before that point would mean that the current so-called "rises" are merely fleeting small fluctuations in a prolonged adjustment process, much like a small ripple in the ocean, easily submerged by the market's larger tide. We must not let such small fluctuations deceive our eyes.

#BTC触及7W #BTC突破7W1 #狗狗币创数月新高

Market Review: Ethereum

Analysis of 4H Level Situation

We have said before that compared with Bitcoin, ETH is a consolidation trend structure, and it is still the same now. You see, Bitcoin has broken through the center and started to move away from the stage, but Ethereum is still in the center.

If Ethereum wants to produce a large-scale trend, it must first break through the center.

If it does not break through, when we trade, we still have to follow the idea of ​​consolidation, that is, the level of holding can only be the secondary level of the center.

Analysis of 30F Level Situation
At the 30F level, ETH is in a non-backward rising state after the third buy, and there is a need for the center to grow. 👗👇

If there is a retracement at 30F in the future, we can first make a low-long operation at the 30F level. 👉BNB0098

However, we should also pay attention to the performance of the trend on the upper track of the high-level central axis, and beware of the high probability of a small turn to a large consolidation trend.

#比特币布林带收窄至低水平 #狗狗币创数月新高 #BTC触及7W

Spot and Low Leverage: Key Strategies for Cryptocurrency Investment

Family, spot trading is our future! And low leverage trading is our auxiliary means.

Look at Bitcoin, it's charging towards 100,000 +!

Below 80,000 points, there’s basically not much left, just under 800 million dollars.

But above 60,000 points, the bulls have 13 billion dollars, these bulls are really strong!

If Trump gets elected, Bitcoin will quickly break 80,000 and march towards the 100,000 range, now the shorts are almost cleared out.

Now let's talk about ETH, the situation is a bit less optimistic; we can only hope Bitcoin can lift it up. At positions 2700 and 2800, there are 1 billion and 1.6 billion dollars in short positions respectively, but the bulls above 2200 are just over 3 billion, that's a lot of pressure!

Ethereum can only start to recover after breaking 2800, it has to ride on Bitcoin and the election momentum.

Moreover, if ETH does not break 2700, altcoins will be in trouble, they will be severely drained, in this case, we can only choose strong coins to operate.

However, the overall trend is upward, and that won't change!

Altcoins are influenced by Ethereum, their trends are relatively weak, but we can buy the dip on the spot, and once it breaks through, there will be an explosion.

Additionally, low leverage trading and joy can come in handy at this time, they can withstand pullbacks.

For coins like SOL, WIF, TURBO, BOME, NEIRO, both spot and low leverage contracts can be appropriately bought a bit. 👉BNB0098

In this overall trend, pullbacks are good opportunities to add positions, whether it’s Bitcoin or altcoins, just with differences in strength and speed.

We should pay more attention to those strong altcoins and strong public chains, that's where more opportunities lie!

10.29 Bitcoin Market Analysis

Wow! Bitcoin has really surged this time, directly breaking the important threshold of 70,000. At this critical price point, everyone should think twice before shorting.

For long positions, conservative investors can appropriately reduce their holdings, but you can still hold on.

The current situation is as follows:

First scenario, upward breakthrough:
If Bitcoin can break through 72,000, that would be impressive, and it could potentially trigger a one-sided upward trend. It would be like a fast train gaining full speed, directly rushing into a higher upward channel, leading to significant profit potential.

Second scenario, encountering resistance and falling: 👉BNB0098
If Bitcoin encounters resistance at the upper track and then falls below 68,200, that situation would not be very good, and it would enter a deeper bottoming process.

Overall, Bitcoin long positions can continue (reduce holdings) to be held. Let's take a gamble on this wave of big profits. As long as it can directly break through the upper track and not fall below 68,200, we don't have to worry about the end of the upward trend or the headaches of deep bottoming. Let's wait and see! $BTC

#BinanceBlockchainWeek #比特币布林带收窄至低水平 #BTC可以站稳7W吗 #BTC触及7W #狗狗币创数月新高

What is the most important thing about playing with Meme?

Always remember that "hitting on a potential Meme coin like gold, holding onto this golden dog coin, and finally selling it for a profit are completely different matters."

We need to try our best to discover early opportunities and enter the market early.

Moreover, only bet on amounts that you can fully accept even if you incur losses.

Additionally, the key to playing with Meme is to move in and out quickly, as the hype is constantly changing. Therefore, it's not advisable to increase your position. Even if you miss the sell-off, it's okay; just be careful not to hold on too tightly like a diamond and then increase your position, only to end up trapped.

Remember, playing with Meme is about making money, not about any ideals. Don't get carried away while playing. 👉BNB0098

Maintaining your winning rate is already quite difficult. 👗👆

If you find your perception of the market is lagging, then don't force yourself to find reasons or build models for situations you don't even understand. Perhaps just quietly being a bystander is a better choice.

#比特币布林带收窄至低水平 #BinanceBlockchainWeek #meme板块关注热点

Ethereum's MEME is really a "failure" that makes people feel sorry for it!

Yesterday, Musk posted something about the big goose. Looking at the line chart, I felt that there was a high probability of another wave of rising market.

What happened? Hey, it fell back again, which is really speechless.

Just after he tweeted yesterday, Ethereum MEME rose to 69 at the highest, and the increase was 20 points, but I didn't run at that time. Now I think about it and I really regret it.

MEME is like this. If you have a little pattern and want to make more money, you will probably be trapped. Just like the pattern as big as neiro, there is only one at present. This way of playing seems to be able to make money, but it is actually too difficult to play!

By the way, Bitcoin has risen to 70,000, and Monkey Brother has also returned to Binance Level 2!

#你问我答 #BinanceBlockchainWeek #比特币布林带收窄至低水平 #ETH🔥🔥🔥🔥 #BTC走势预测

Bitcoin Price Trend Analysis and Key Levels of Attention

Recently, Bitcoin's price found support near the $65,500 area, specifically, the price established a low at $65,531, and then began a new upward journey after breaking through the $66,200 resistance level.

Currently, the price has risen above $67,000 - $67,500.

From the high of $68,699 to the low of $65,531 in this price range, the price successfully broke through the 61.8% Fibonacci retracement level.

On the hourly chart of Bitcoin, a connected bullish trend line has also formed, with support at $67,400, where we placed a long order nearby.

As the price moves upwards, it may encounter resistance near $68,000.

This is because this position is close to the 76.4% Fibonacci retracement level of the downward movement from the high of $68,699 to the low of $65,531.

Looking further, the first key resistance level is around $68,500.

If this $68,500 resistance level is clearly broken, the price is expected to rise further.

The next key resistance level is approximately $68,750.

If the closing price is above the $68,750 resistance level, this may trigger more upward movement.

In this scenario, the price may continue to rise and test the $69,200 resistance level.

If the price continues to rise, it may subsequently aim towards the $70,000 - $71,200 resistance levels.
We focus on the following positions:

Upper levels to watch: $68,000, $68,750, $69,200, $70,000. 👉BNB0098

These levels are crucial for assessing the upper limits of price increases and potential retracement positions. Once the price approaches or touches these levels, it is essential to closely monitor the market's reaction.

Lower levels to watch: $67,400, $66,500, $66,600, $65,500. 👗👆

These key lower levels are important defenses during the price decline process. If the price breaks below these support levels, it may indicate a reversal of the trend or further adjustment.

#BinanceBlockchainWeek #比特币布林带收窄至低水平 #TIA、SUI、OP大额解锁 #PCE、非农数据来袭

Bitcoin has reached a critical juncture, testing the resistance level around $68,500, which coincides with a key trend line on the daily chart.

This price level has previously acted as a "roadblock."

If it can break through this level, it would pave the way for Bitcoin to further rise to $70,000 or even higher.

From the chart structure, Bitcoin's bullish momentum is strengthening.

If buyers can continue to exert pressure on Bitcoin above this resistance level, it is likely to keep rising. However, if it cannot maintain above this level, Bitcoin may fall back to the nearest support area, especially around the $67,000 mark. 👗👇

We need to closely monitor the trading volume to confirm whether BTC can successfully break through. 👉BNB0098
#BinanceBlockchainWeek #比特币布林带收窄至低水平 #TIA、SUI、OP大额解锁

BTC 4-Hour Chart Assuming the 4th wave forms, the 4th wave will be very weak, possibly influenced by the upcoming presidential election. The 5th wave will be in a failed state.

In the 4th wave, there is also liquidity at the end of the month, so I wonder if the rest of this month will continue like this, and if next month will start forming adjustment waves ABC, in an upward pattern.

Although it hasn't received much attention, whether the monthly trend continues is very important.

The price can be confirmed by exceeding the May closing price of 67,517.

#比特币布林带收窄至低水平 #TIA、SUI、OP大额解锁 #PCE、非农数据来袭 #年底牛还熊？