• Price forecast: It is expected to reach US$2,450 to US$2,570 by the end of 2024, and is expected to climb to US$79,600 in 2030. There are also higher long-term price expectations in 2028 and 2031.
• Market performance: As of November 27, 2024, the trading price was $3,523.19, with a 24-hour increase of 5.13%.
• Technical Analysis: It is expected to rise by 2.74% on December 27, 2024. The current market sentiment is bullish, with the Fear and Greed Index showing 75 (Greed).
• Options market: Implied volatility remains high, and calls are significantly more popular than puts.
• Market Updates: There are early signs of recovery, with altcoin season expected to gain momentum.
• ETF impact: The U.S. SEC’s approval of ETH-based ETFs will help increase the interest of institutional investors.
However, please note that the cryptocurrency market is highly volatile, and investment decisions should be made with caution and professional financial advice. #ETH🔥🔥🔥🔥
• Changes in gaming entities: After Bitcoin surges to $100,000, its gaming entities will shift from previous Wall Street funds and retail investors to a competition between high technology and Wall Street funds.
• Wall Street funds' control situation: Approximately 5 million Bitcoins are active, and currently nearly half are concentrated in the hands of Wall Street funds, allowing them to easily manipulate Bitcoin prices, potentially raising it to $200,000 or driving it down to very low levels, with retail investors unable to fight back.
• Potential risks of Wall Street funds: The remaining 15 million inactive Bitcoins could be cracked by quantum technology or face disruption of Bitcoin technology, which could turn the over 2 million Bitcoins held by Wall Street into hot potatoes.
• Recommendations for retail investors: After Bitcoin reaches $100,000, given that the risks far outweigh the rewards, it is advised that retail investors withdraw and observe; even if prices continue to rise, participation is not advisable to avoid facing significant asset devaluation risks. #US Wall Street financial tycoons
• Market Judgment and Operation Suggestions: Previously analyzed that blockchain would drop from 97,000 to 87,500, and now believe this point can be reached. It is recommended to wait for a drop to that level before buying various coins, stating that the current situation is a normal correction after a rise of 40,000 points followed by a pullback of 10,000 points. It also pointed out that Bitcoin can be referenced, and when it approaches around 88,000, one should prepare to acquire their desired small coins.
• Important News Reminder: At 3 a.m. today, the Federal Reserve will announce the minutes of the November monetary policy meeting, and their views on subsequent interest rate cuts will have a significant impact on the market. Please pay attention to this.
• The current price of DOGE is $0.40637, overall in a range-bound oscillation, with short-term moving averages flattening, in a critical period for directional choice, and trading volume has decreased compared to the previous period, investor sentiment is cautious.
Key Levels
• The upper resistance at $0.41000 is an important short-term barrier, a breakthrough is expected to lead to a rapid upward movement; the lower support at $0.40000 may face retracement pressure if broken. Additionally, there are resistance levels at $0.41500 and support levels at $0.39500.
Indicator Situation
• RSI is in the neutral zone, the MACD signal shows slight weakness but there is no clear downward momentum, the price may mainly oscillate and consolidate.
Short-term Trading Strategy
• Long Strategy: Entry price $0.41000 (enter after breaking resistance), take profit price $0.41500, stop loss price $0.40700, leverage suggested 3 - 5 times.
• Short Strategy: Entry price $0.39900 (enter after breaking support), take profit price $0.39500, stop loss price $0.40200, leverage suggested 3 - 5 times.
Market Outlook
• DOGE is expected to choose a breakout direction in the short term, stabilizing above $0.41000 may aim for the target of $0.41500; breaking below $0.40000 may further test the $0.39500 support, investors need to flexibly adjust strategies based on market movements.
• Overall trend judgment: The overall trend of Ethereum is a bullish trend, the large trend level box is still held, the bullish idea remains unchanged, and the short indicator is characterized as a short-selling indicator.
• Key point situation:
• Resistance point: The short-term 15-minute K-line resistance point is 3320. If this position is broken, you can consider long layout; the first pressure point of the four-hour K-line middle track is 3360, and the upper track pressure point is 3450.
• Support point: EMA15 trend support is 3170, and the Bollinger band middle track support reference is 3120; the four-hour K-line falls back to the EMA30 support point 3300 and stands continuously, and the lower track support reference is 3475.
• Other key positions: The daily K-line falls back to the lower neckline and is effectively long, and the Bollinger band upper track is 3580.
• Operation idea: Find a position at the support point to arrange more, hold with a good stop loss, if the stop loss is wrong, don't fight, if it is right, hold to the previous high, currently short-term 3320 long orders are held, emphasizing that there is no 100% grasp of the market, and the goal should be safety first and small losses and big profits.
• Indicator performance: In terms of MACD, the daily K-line continues to increase in volume, and the four-hour K-line shrinks and increases in chips; in terms of Bollinger Bands, the four-hour K-line shrinks. And after the four-hour K-line shrinks in volume, the market chips begin to concentrate, and the main funds are flowing in. Operations should be arranged along the upward trend and follow the trend. #ETH🔥🔥🔥🔥
• Bitcoin Price Performance: Recently very active in the capital market, the price has reached an all-time high, breaking through $99,000, with options traders even setting a target of $150,000.
• Reasons for the Increase: The relaxation of regulations on virtual cryptocurrencies before Trump's inauguration has sent positive signals, leading to a massive influx of capital into the virtual currency market, driving up its price.
• Bitcoin Attributes and Functions: It is not completely independent of the dollar system; it acts as an "auxiliary tool" to the dollar. In the context of a dollar credit crisis and dollar flooding, it can absorb excess dollars to prevent capital outflow, and it can also change the flow of dollar capital through price increases, suppressing other assets and becoming a protective firewall for the dollar.
• Impact on Other Markets: When Bitcoin's price surges, the A-share market performs poorly, showing significant declines.
• Key for Investors: As a general investor, it is important to pay attention to macroeconomic trends, especially the pace of interest rate cuts by the Federal Reserve.
How to make your first bucket of gold in the cryptocurrency world, remember!!
Key Point 1: Stop Loss and Take Profit
Emphasize that trading cryptocurrencies is about transactions and speculation; one cannot just hold indefinitely. When making money, do not be greedy, and when losing money, do not hesitate to sell. If the trend is wrong, sell decisively.
Key Point 2: Abandon the Pursuit of Extreme Highs and Lows
Point out that accurately grasping market highs and lows is difficult; ordinary people should choose to trade in the bottom and top areas.
Key Point 3: Assess with Volume and Price Coordination
Be cautious of situations where prices rise without volume or new highs are made without volume; this may signal that the main force is offloading or that the rise is weakening. Do not blindly chase after price increases; it's better to miss an opportunity than to make a mistake.
Key Point 4: Quick Response
When information emerges, quickly identify beneficial sectors and companies. If you cannot keep up with the first tier, timely participate in the second tier to reap rewards.
Key Point 5: Learn to Rest
The main uptrend in coin prices is short-lived; grasp the main uptrend, and during other times, take a break and maintain a good rhythm.
Key Point 6: Seize Opportunities in a Sharp Decline
View sharp declines as the greatest benefit to the market; they often contain greater opportunities. Overcome human weaknesses; be greedy when others are fearful, and timely choose quality positions to build your portfolio.
Overall, while these six points may seem simple, overcoming human weaknesses makes it difficult to actually implement them, which is crucial to whether one can earn five million.
• Three things not to do when trading cryptocurrencies:
• Do not buy during an uptrend; develop the habit of buying during a downtrend, following the principle of "be greedy when others are fearful, and fearful when others are greedy."
• Never place large orders.
• Never go all-in; being fully invested has a high opportunity cost and is very passive, as there are many market opportunities.
• Six rules for short-term trading:
• After a period of consolidation at a high price, there may usually be a new high, and after consolidation at a low price, there may usually be a new low; wait for the direction of the trend to become clear before acting.
• Do not trade during sideways movement.
• When selecting candlesticks, buy on a bearish candle and sell on a bullish candle.
• If the decline slows down, the rebound will also be slow; if the decline accelerates, a rebound will follow.
• Use the pyramid buying method to build positions, which is a key point of value investing.
• After a cryptocurrency continues to rise or fall, it will enter a consolidation phase; there is no need to sell everything at a high or buy everything at a low; if a downward change occurs after consolidation at a high, clear your position in time, and respond promptly based on the change in trend.
• Bitcoin is currently at an all-time high and breaking new highs daily, requiring more and more capital to drive the market. There are often situations where Bitcoin is in a bull market while draining the value from other altcoins. • There is a pin bar level at 97500 - 97600, and the four-hour pattern is a triangular wedge. If 97600 - 97500 is broken upwards, the next pin bar level is at 100400, and a pullback to the top of the triangular wedge at 92600 - 93200 is a position to go long.
Key points related to BNB • It is not weak by itself, but rather being drained by Bitcoin. Contracts are being operated as planned, with spot trading at 570 for adding positions, and 591 is a pin bar level, with the next daily pin bar level at 570.
Key points related to Pepe • The initial position is between 0.02 - 0.019, and the adding position is between 0.016 - 0.0148.
Key points related to WIF • The initial position is between 3.3 - 3.5, and the adding position is at 2.76, with the spot or long position lifeline at 2.21.
• Other tokens looking to stretch need to wait for Bitcoin to finish this surge and consolidate at a high level before having a chance. Currently, it is challenging to operate contracts as other tokens fall when Bitcoin rises. If you don't want to miss the stretching opportunity, you can make spot layouts. #BTC再创新高97k
• The current price is around 93700, with a peak of about 94000 in the early morning. The market is showing a short squeeze upward trend, with long positions being liquidated for 210 million dollars and short positions for 120 million dollars in the past 24 hours.
• Many people are bearish and even say it will drop below 70K, but the author finds it interesting and similar to drawing a big pie, and does not plan to short Bitcoin, believing that shorting is easy to incur losses and is not easy to execute, preferring to wait for lower long positions, which is relatively conservative.
• The support for long positions on Bitcoin has been adjusted to 91800 and 90500, with targets at 92500, 93500, and 95000, and the stop loss set at 89000.
Key Points Related to Ethereum:
• Ethereum's volatility is low, showing little movement when Bitcoin is rising, still focusing on short positions at the upper levels of 3160 and 3200, with downward targets at 3100, 3050, and 3000, and the stop loss at 3220.
• One: When Bitcoin hits a new high, altcoins plummet, possibly due to a black swan event developing towards a bad outcome, leading major players to sell altcoins for risk aversion.
• Two: There are three major hidden positives in the crypto world in December: MicroStrategy is expected to be included in the S&P 500 Index on December 6, Microsoft will review a Bitcoin investment proposal on December 10, and the Federal Reserve's third interest rate cut in December, along with FTX's potential repayment of over $18 billion.
• Three: The bull market is quite evident; major players will use various tactics to shake off weaker hands, and pullbacks are buying opportunities. After the market consolidates, there will be another surge.
• Four: Trading strategies are classified as high-level (buying aggressively on dips), medium-level (holding onto purchased assets passively), and low-level (chasing trends and selling on rises). It is recommended to buy and hold assets well in anticipation of the bull market.
• Five: Follow community trends to invest in hot coins, such as meme tokens like neiro, punt, cat, and ban issued on the Sol chain, which are highly popular and valuable. Holding onto them for a few months may lead to relative financial freedom.
The dog farm has started to brush hands again! 1. According to coinglass data, when BTC rose to 93,000, the amount of short liquidations was nearly 1.6 billion, and when it fell below 90,000, the amount of long liquidations was about 500 million.
2. The current price is fluctuating slightly within the relevant range, and a small rise or fall could trigger a large number of orders, creating a "long and short eat both" situation, making it difficult to distinguish ultra-short-term trends.
3. Many big players have withdrawn BTC from exchanges, seemingly optimistic about the future market, while 200 BTC were lost in Mentougou, as if testing the market's reaction.
4. Intuitively, I believe BTC will rise first, and then fall back down. #狗庄
• Price Trend Expectations: Bitcoin has recently been fluctuating at high levels, with low probability of a significant pullback in the short term. It is expected to challenge the $100,000 mark this month and may challenge the historical high of around $130,000 next month.
• Volume Changes: Market trading volume surged from an average of $120 billion last week to $450 billion this week, reflecting heightened bullish sentiment while also indicating that some funds are quietly withdrawing.
• Institutional Actions: Between November 10 and November 13, institutions like Paradigm and DWF transferred altcoins to exchanges for dumping, while ancient ICO addresses and high-win-rate whales significantly reduced their holdings of ETH.
• Long/Short Situation: The rapid surge in prices has led to a significant increase in futures positions, indicating that shorts are resisting market trends. Neither side will back down without a clear winner.
• Investment Reminder: The bull market presents both profit opportunities and significant risks. It is crucial to seize selling opportunities and to secure profits at high points. When the market is overheated, it’s important to pay attention to risk warnings.
• Market Analysis:
• BTC Situation: Currently in a week of fluctuations, with significant volatility. There is still potential for upward movement according to trends, but the current price is precarious, and the market is in a state of extreme greed. The support level around the $85,000 - $86,000 range on the daily chart should be closely monitored.
• ETH Situation: The 1-hour and 4-hour levels have returned to healthy levels, while the daily level is above healthy levels. A consolidation is expected during the day, with key support at $2980 - $3030 and resistance at $3150 - $3200.
• Altcoin Situation: If you missed the opportunities in the earlier phase (BTC + MEME) and the later phase (XRP + ADA), established old coins at the bottom (like DOT, ATOM, ICP, FIL, etc.) are good choices for betting on a rebound.
• The $93,000 mark for Bitcoin has become the focus for bulls, and whether it can break through today is a hot topic among investors.
• Institutional investors continue to engage, and their capital inflows may accelerate the upward momentum of Bitcoin.
• Global economic trends, changes in financial policies, and other macro factors may affect Bitcoin prices.
• Bitcoin is a high-risk, high-return, and highly volatile asset, with rapid market changes.
• Relevant platforms can be monitored to obtain the latest and most accurate market data and comprehensive data support to keep pace with the market and seize opportunities.
• Intraday trend: After Bitcoin retreated to around 87,500 in the afternoon, the white market oscillation range broke through due to bullish momentum. The long orders entered near 87,700 before, and the market rose to around 88,900 and gained 1,200 points of space.
• Structural analysis: In the current structure, bulls dominate. The four-hour K-line broke through the middle track suppression and broke through the intraday oscillation range. The next step is expected to continue to break up. The KDJ indicator line fast line has hooked; looking at the hourly line, the K-line rushed to the upper track of the Bollinger band. In the short term, it will pull back and continue to break up. The Bollinger band is in the closing stage. It is expected that the US stock market will rise during the opening period. Pay attention to the upward movement of the oscillation range.
• Operational suggestions: Wait for the market to retreat slightly before arranging long orders. You can go long at 89,000-88,800, with a target of 90,000-91,000.
Ethereum market highlights:
• Operation suggestions: You can go long at 3080-3060, with a target of 3150-3200.#BTC冲破9万
#比特币走势分析 • Bitcoin hit 90,000 and then crashed to 85,500. The long and short liquidation data showed that the longs were slightly ahead of the shorts. In the past 24 hours, 530 million longs were liquidated, 470 million shorts were liquidated, and the number of liquidated people reached 268,000.
• Share trading experience: The essence of trading is to bet on probability. The core of trend trading is to manage positions in place, adopt appropriate strategies according to the market, make good orders and strictly execute them, and leave it to time.
• The essence of ordinary people not making money in the currency circle trading is that heavy position stop-profit and stop-loss transactions are easily affected by pins. The longer the time and the more frequent the transactions, the easier it is to make mistakes.
• Bitcoin market: The market sentiment is likely to be bullish. After the intraday high, the callback is pulled back. The Ethereum conference may cause the positives to be exhausted and stepped back. The short-term support level is above 85,000. Falling below 83,000 is the second support level. It is believed that now is a good opportunity for band operation.
• The trend is unilaterally bullish, there is no pressure from above, we should seize the opportunity of callback to buy more, short-term adjustment is a technical repair, and medium-term rise is the general trend. #BTC何时破9万?
• The recent market characteristic is that each upward movement will be accompanied by a pullback. For a rise of 10,000 points, a pullback needs to reach 3,000 points. Currently, there is no significant pressure on Bitcoin.
• When Bitcoin pulls back, some altcoins can be monitored for trading operations. For example, pay attention to the situation of chain game coins and look for doubling coins in memes during this market phase to short when Bitcoin pulls back.
• If Ethereum drops due to news, it can be a good idea to accumulate spot under 2,800 until the end of the year.
• The support level for Bitcoin's pullback is 86,500, which is the deepest pullback point after hitting 89,000, with general support strength; 81,700 is the highest point before the volume reduction rise and the highest point in the left central area, and if it pulls back without pushing the upward trend, concerns arise.
• It is impossible to accurately predict how high Bitcoin can rise, but after enthusiasm fades, a pullback is inevitable, and those missing out may consider shorting Bitcoin. #BTC连续破新高,你看到多少?
• Bitcoin market characteristics: Each rise will be accompanied by a pullback. If a rise of 10,000 points is calculated, the pullback needs to reach 3,000 points. There is no obvious pressure at present. Its pullback support levels are 86,500 (the deepest pullback point after hitting 89,000, and the double bottom structure has average support strength), 81,700 (the highest point before the shrinking rise and the highest point of the left center. The upward trend is worrying if the pullback does not rise).
• Related operation suggestions: When Bitcoin pulls back, you can observe the chain game (which may be halved) and the coins in the meme that doubled in this market. You can pick out some of them to short when Bitcoin pulls back; if Ethereum falls without news, you can stock up on spot within 2,800 until the end of the year.
• Bitcoin trend forecast: It is impossible to accurately predict how high Bitcoin can be pulled, but a pullback is inevitable after the heat subsides. $BTC
Bitcoin Price Hits New High: Influenced by the U.S. elections, Bitcoin prices have surged, reaching a historical high of $82,000.
● Ethereum and Others Following Suit: As Bitcoin rises, Ethereum has also seen a significant increase, with recent prices approaching a high level, leading the crypto market alongside Bitcoin.
2. Recent Profit Situation:
● Substantial Gains: From the weekend until now, trading Bitcoin has gained over 10,000 points, while trading Ethereum has approached a gain of 400 points, mostly through public strategies.
● Accurate Strategy: Early Monday morning, a strategy to buy on retracement was provided, and the market's retracement perfectly reached the suggested entry point, offering significant profit potential. In the afternoon, the strategy once again achieved over 800 points profit.
3. Market Technical Analysis:
● Overall Trend: The market remains in a consolidation phase, but the bullish trend has not changed, with a continued bullish expectation in the short to medium term.
● Current Movement: After a spike yesterday, Bitcoin has entered a short-term correction phase, but this downward movement has not significantly impacted the overall upward trend.
● Future Expectations: After undergoing periodic adjustments, the daily chart is entering a consecutive bullish pattern again; although not very strong, the structure is clear, and the consolidation and correction phase is mostly complete. Attention will be on the strength and duration of future highs.
● Trading Strategy: The short-term cycle is constructing corrective steps, and continuing to look bullish around the upper levels of this step is currently a more stable trading strategy.
1. Key trading theories such as resistance and support levels are essentially consensus trading; the more people use them, the more accurate the indicators become, as they can change the price trend of the currency.
2. Most traders may have a high win rate but ultimately suffer heavy losses because they cannot control their desires, entering the market fully during peaks, and getting harvested by the market makers or capital during black swan events.
3. A reasonable approach in a bull market is to divide your position into ten parts, investing one-tenth each time, adhering to trading discipline, which can yield a win rate of up to 70%, with a maximum loss of 10% during black swan events.
4. Trading carries risks; before capital harvesting cycles, engage in frequent small position disciplined trading to achieve certain gains.