Under the custom period of #你问我答 90, both SOL and ETH have formed divergence signals. The support and resistance mentioned yesterday are in effect, with the latest opportunities as follows:
SOL: Has fallen below the EMA24/52 moving averages and is currently testing the critical chip peak at 174.26. If it stabilizes, it will test the resistance at the upper moving averages and chip peak at 176.5. A breakout could focus on 180, with support below at 166.
ETF: The price has fallen below the EMA24 moving average, and the MACD yellow and white lines are approaching the zero axis. Attention can be focused on the EMA52 and chip peak support (level: 2620), with resistance above at 2666 and further support below at 2513.
$#BinanceBlockchainWeek

$BTC

BTC Spot Whales Frenziedly Sold $132 Million, This Code Pressure is Critical!
According to the statistics of major orders, after BTC broke through $69,900 this morning, spot whales on platforms like Coinbase and Binance continued to sell off, with a total of $132 million sold at an average selling price of $70,235.09. Among them, a rare large order of up to $11.28 million was executed on Coinbase, while large investors sold over $43.9 million at the $70,000 level.
It is worth noting that during the selling period of spot whales, the number of OXK BTC long and short positions has continuously decreased, indicating that the main players still maintain a bullish outlook.
Currently, BTC is holding above the EMA24 average in the short term, with key focus on the chip peak pressure at $71,245, and short-term chip support at $69,810.
Recently, the market has been quite volatile, please manage risk well, data is for reference only.#你问我答
$BTC $ETH $SOL

#你问我答 【Price Trend Analysis】
K line shape:
The recent K lines show a strong upward trend, especially between October 24 and 29, with multiple positive lines indicating that the market sentiment is bullish.
The recent high is near 71607 and the low is near 69733, forming a large fluctuation range.
Technical indicators:
MACD: The hourly MACD continues to be above the zero axis, and both DIF and DEA diverge upward, showing a strong bull signal. The daily level also shows a bullish arrangement, but it should be noted that there may be signs of divergence in the short term.
RSI: The hourly RSI is above 80 and has entered the overbought area, indicating that there may be callback pressure in the short term. The daily level RSI is close to 70, which also indicates overbought conditions.
EMA: The price is currently above EMA7, EMA30 and EMA120. In particular, EMA7 provides good support to the price, showing a clear bullish trend.
Volume:
The trading volume increased significantly on October 28 and 29, especially when it broke through the 70,000 integer mark, showing that funds were actively entering the market.
The high trading volume accompanied by the price rise indicates that the current rise has a certain effectiveness, but we need to be wary of possible profit taking in the future.
$BTC
【Buy and sell point】
Buying point one: 70500 USDT (reason: close to the previous support level, and EMA7 provides support)
Buying point two: 70,000 USDT (reason: strong support at the integer mark, historical trading volume area)
Long stop loss point: 69500 ​​USDT (reason: below the key support area of ​​buy point two to prevent the risk of falling below)
Selling point one: 71500 USDT (reason: close to the recent high, there may be selling pressure)
Selling point 2: 72000 USDT (Reason: The pressure on the integer mark is obvious and it is difficult to break through in the short term)
Short stop loss point: 72500 USDT (reason: the resistance area is higher than the selling point two to prevent the risk of breakthrough) $ETH $SOL

#你问我答 @币安Binance华语 #BTC可以站稳7W吗

Bitcoin has broken through the 70,000 mark, charging towards a historical high of 73,000! Previous attempts to break through have failed, but this momentum is incredible, and the credit goes to the market makers!

This indicates that more retail investors are starting to short at high points, what do you think?
Aside from the die-hard fans, others are still watching. Once it breaks 70,000, those who analyze technical indicators will enter the market. As long as it stabilizes at this price level, the rise will be more than just a little bit. If it suddenly drops like before, it definitely won't rise so sharply.

Previously, there were two sharp drops to around 65,000, and my preset take-profit orders did not execute, with a limit price of 65,200, and the lowest drop was to 65,222, and another time to around 65,500. This time, breaking through 70,000, the liquidation price is around 72,000; this market is truly unexpected! In such situations, we need to think of ways to respond quickly.

Attention:

If you have money, add some margin and place a few short orders around 72,000 to raise the average short price. My current average price is around 69,000, with more margin, I can raise the average price, so the liquidation price can reach around 75,000! What do you think...

If you have no money, just place some small orders; the purpose is not to make money, but to raise the liquidation price and ensure capital safety. Raise the liquidation price to around 75,000, so in case of a high-level correction, we can take profit on long positions, or hold on, and when the correction happens, after hedging the positions, the short positions will still have a significant advantage.
Manage your position well, ensure ample ammunition, let’s do it.......................

$BTC $ETH $BNB