#ReboundRally Bitcoin price has tested the main short-term resistance above, around 99-100k for Bitcoin, and around 3550 for Ethereum.
Currently, support for Bitcoin is around 97300, and for Ethereum is around 3420. If it can stabilize here, then the short-term trend reversal will also come soon. The altcoin market has started to recover after a sharp decline, but only the strong coins are recovering. Most of them are still following the main market, there is no independent trend. Christmas holiday, US stock market is closed. It is expected that the main market will tend to recover, and the altcoin market will slowly recover in batches.
What is BIO Protocol (BIO)? Binance announces the 63rd Launchpool project and how to participate to receive rewards Binance has just announced the 63rd project on Binance Launchpool - BIO Protocol (BIO) on the Binance launchpool introduction portal. This project is a pioneering initiative in the DeSci field, designed to promote innovation in biotechnology through a decentralized science model. It may become a promising trend in DeSci in the future. Users will be able to stake their BNB and FDUSD to receive BIO airdrops over ten days, with mining activities starting from 00:00 on December 24, 2024 (UTC). So let's quickly learn about what BIO Protocol (BIO) is and how to participate in the Launchpool to receive rewards at Binance with Trading Insight. #BtcNewHolder #bnblauncpool #BNB
Brothers holding BNB prepare to receive January salary. Launchpool number 63 on Binance, BIO protocol. Total supply 3 billion 320 million Tokens Total of 99 million 600 Tokens allocated for launch pool - 88 million 660 Tokens BNB pool - 14 million 940 Tokens FDUSD pool Mining time is 10 days starting from 7:00 AM on December 24, 2024, to 7:00 AM on January 3, 2025 Listing on the exchange at 6:59 PM on January 3, 2025 #BNB
#ChristmasMarketAnalysis During the Christmas season, the cryptocurrency market, like other financial market assets, has witnessed a historic downtrend, indicating that this is a cyclical market trend. Traders need to be aware of this market behavior to adjust their strategies.
#BTCOutlook Some experts predict that Bitcoin prices may rise if investment flows return, especially as confidence in digital assets increases. However, risks still exist as the market has not yet reached the necessary stability. Or $BTC or more
$BTC is at the support price zone of the D1 frame. The price zone reacts at $97,000-$98,200; at this price, Bitcoin can recover, otherwise it will plunge below 94k.
There are only 10 days left until the end of December, and the end of 2024 will also be the most volatile days of the year.
Everything will be refreshed, shed off; all data, various kinds of fud, and liquidity types are just excuses for MM to freely drive during this period. I mean, I'm also holding, also trading, feeling hot-faced because of the market. I can't even sleep here, guys 😞
Please help Gas find a good entry point? I'm waiting for 3,111 to enter a little.
Trading Insight
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$BTC is at the support price zone of the D1 frame. The price zone reacts at $97,000-$98,200; at this price, Bitcoin can recover, otherwise it will plunge below 94k.
There are only 10 days left until the end of December, and the end of 2024 will also be the most volatile days of the year.
Everything will be refreshed, shed off; all data, various kinds of fud, and liquidity types are just excuses for MM to freely drive during this period. I mean, I'm also holding, also trading, feeling hot-faced because of the market. I can't even sleep here, guys 😞
$BTC is at the support price zone of the D1 frame. The price zone reacts at $97,000-$98,200; at this price, Bitcoin can recover, otherwise it will plunge below 94k.
There are only 10 days left until the end of December, and the end of 2024 will also be the most volatile days of the year.
Everything will be refreshed, shed off; all data, various kinds of fud, and liquidity types are just excuses for MM to freely drive during this period. I mean, I'm also holding, also trading, feeling hot-faced because of the market. I can't even sleep here, guys 😞
$GAS is up +3.58%, trading at $5.879, with a 24-hour high of $6.098. The market shows signs of consolidation, setting the stage for a potential breakout.
📈 LONG SIGNAL:
Entry: $5.879
Targets: $6.000, $6.200, $6.400
Stop-Loss: $5.700
📉 SHORT SIGNAL:
Entry: $5.879
Targets: $5.700, $5.500, $5.300
Stop-Loss: $6.000
⚡ Tip: Keep an eye on $6.000 for bullish continuation, while losing $5.700 may lead to a retracement. Plan your trades wisely!
It is indeed a psychological game as you said. Those with a strong mindset will not lose.
Trading Insight
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Why is the market not recovering? Is the price now the bottom? Will the market continue to decline?
These are the questions I receive the most, and this will also be a brief article to explain the above questions.
Do people see this as a psychological game? Players can easily be manipulated by market makers, steering the boat as they please. They can throw it anywhere, discard it wherever. Ultimately, it will still be bait, providing liquidity for the big fish.
If the mindset is not strong enough, staying in the market will not lead to survival. It may be the bottom now, it may be tomorrow, or it may not be now. When the market declines sharply, it also needs to stabilize before it can recover, right? Or it may need to dive deeper again to check once more before recovering. Who dares to declare that today is the bottom or tomorrow is the bottom? It’s normal for the market to rise or fall, what's the big deal?
Why do you invest, and after just buying, you want it to be green immediately, you want it to recover right away? If investing were that easy, everyone would be a brilliant investor by now.
A shaky mindset, jumping in and out, chasing peaks with FOMO, blalaa, all that differentiates is the psychological aspect. As for techniques, models, or methods, they are abundant on the internet. Survival lies in decisiveness and maintaining a strong mindset with good capital management, folks.