In the macro aspect, the external environment is becoming more and more complex. The tension of the external environment is an important reason for the uncertainty of capital market funds. Let's take a look at the potential crisis or black swan situation in the world.
First, the tension in the Middle East has escalated. Many parties have confirmed that Iran's attack on Israel is imminent. White House officials said they are ready for a major attack that Iran may launch this week. Fitch downgraded Israel's rating from A+ to A.
Secondly, the situation of the Russian-Ukrainian war is tense. Ukraine has invaded Russia and occupied nearly 1,000 square kilometers of Russian territory. 28 towns and villages are under Ukrainian control. Putin ordered the Minister of Defense to expel the enemy from Russian territory. The scale of the war may escalate, and even nuclear weapons may be used.
In addition, Trump's winning rate on polymarket has been surpassed by Harris. Harris is already leading in three important swing states. It's a bit early to see that Chuanzi's attack happened. The market is currently thinking about what Harris trade is. For us, it really doesn't matter what Harris trade is, because non-Trump trade logic is bad news!
The volume of SATS released last month was the largest in a month after it was listed on Binance!
Now it has basically returned to the price starting with 3 in May, and it has recovered strongly.
It has fallen by -66.58% from its historical high, and it is also one of the relatively few altcoins in this wave of callbacks, and there are whales who hoarded a large number of sats in July.
This wave of altcoins has fallen for 4 months. In the bull market cycle of 2017 and 21, it was basically 3 months, and it has never exceeded 3 months.
I personally think that the bottom of the altcoin was finally formed in the early days of August.
The main upward wave of the monthly line of sats may have begun!
There are two main types of currencies that have risen recently:
VC coins with large amounts of unlocking: such as #SUI, #APT, and #ARB. The rise of these currencies is likely to be the result of dealers raising prices in the market and then cutting leeks after unlocking.
Currencies that rebound from oversold: such as #SAGA, #PIXEL, #ORDI, and #SATS. After these currencies fell 90% from their highs, the current rise is likely just a rebound after oversold.
Therefore, the current market rise is more of an oversold rebound, rather than the beginning of the altcoin season.
From the technical analysis of the 4-hour line, after a continuous decline, the big cake has shown an upward extension trend, with a ceiling-like upward exploration and fall back. The rebound in the small cycle is not obvious. With the overall repair, the trend of the kong head is still relatively obvious. It is recommended to kong first and then duo for short-term operations.
The interview between Musk and Trump has begun. The related dog concept coins are: elon floki trump maga doge. In addition, pay attention to whether there are any big highlights in this wave of conversations. There may also be new dogs on the chain, just like fight appeared at that time.
【Price trend analysis】 K-line pattern: Recent K-lines show that price fluctuations have intensified, especially between 02:00 on August 11 and 16:00 on August 12, when a large price amplitude appeared. For example, at 02:00 on August 11, the highest price reached 0.961, while the lowest price was 0.9266, indicating that buyers and sellers were active and uncertain during this period. From 07:00 on August 12 to 17:00 on August 12, the price showed a gradual upward trend, among which the long real Yang lines at 10:00 on August 12 and 16:00 on August 12 highlighted the strong buyer power. Technical indicators: In the MACD indicator, DIF remains above DEA, and the MACD histogram is above the zero axis, indicating that the overall market is in a bullish trend in the near future. However, the MACD value has decreased, suggesting that the bullish momentum may be weakening. In the KDJ indicator, the J value is 72.41, which is relatively high and may indicate an overbought situation. At the same time, both the K line and the D line are above 50, indicating that the current market is still bullish, but we need to be alert to the potential risk of a pullback. In the EMA indicator, EMA(7) is always above EMA(30), further confirming the current upward trend. However, as the gap between EMA(7) and EMA(30) narrows, we should pay attention to possible trend changes. Trading volume: When prices fluctuate sharply, trading volume also increases accordingly. For example, the trading volume at 02:00 on August 11 increased significantly compared with the previous hour, and with the price increase, it shows that buying is actively involved. The trading volume in the latest cycle (17:00 on August 12) has decreased compared with the previous hour. Although the price has risen slightly, the decrease in trading volume may mean that the upward momentum is insufficient. It is necessary to observe whether more buyers will enter the market or selling pressure will begin to increase.
Solana price mystery: is it a bull market relay or a precursor to a bear market?
Recently, Solana's price has risen quite a lot, and everyone guessed that it could soar to more than $170. Although the trading volume has not changed much, the buying is particularly strong, pushing the price above $160. However, the selling has started to show its strength recently, trying to pull the price back below $140.
So, will Solana's price fall to the key support level of $133? Is the selling really stronger than the buying?
From beginning to end, Solana's price has been quite stable, and every time it falls, someone protects it from falling below $120, so the rise does not seem to be over. But the technical side shows that this coin may linger in a small range for a while, and it will take some time to rush to $160 again.
Buyers saw that Solana's price was unstable and rushed in to stabilize the situation, but they were not strong enough and failed. The trading volume is still decreasing, which means that the price may have to fall further to that support level. However, there is good news. The relative strength index RSI shows signs of rebounding, but the price has to go up and close above $148 to count.
In general, Solana's price is now like a fog, with buyers and sellers evenly matched and neither has the upper hand. To prevent the price from falling further, the $140 mark must be maintained. But if the price can reach above $150, the sellers may not be able to sit still, and they will have to wait until the price soars to the $160 to $165 range before they will suppress it again. Therefore, Solana's price trend is still unclear. It may rebound or continue to fall.
BTC (Bitcoin): The current 1-hour and 4-hour trends are not very good, and the daily line is not good either. The trading volume is decreasing, and we have to wait patiently for the market to pick up. Overall, the big cycle is still bullish. Today's resistance level is between 60,500 and 61,000, and the support level is between 57,500 and 58,000. Pay attention to the support level, and you can wait and see today.
ETH (Ethereum): The current 1-hour and 4-hour trends are not very good, and the daily line is the same. Pay attention to the callback of BTC. If BTC can stabilize the support level, ETH may also rise, and you can continue to buy. Today's resistance level is between 2640 and 2690, and the support level is between 2480 and 2530. If there is a callback today, you can continue to buy and wait patiently.
The daily trend of ordi is greatly affected by the trend of Bitcoin. The MACD of the daily line is still below the zero axis, so the adjustment of the daily line will continue for a while, mainly depending on how Bitcoin moves.
The current 6-hour pullback has not taken effect. The 15-30 minute pullback has not taken effect. There will be pressure near 28 in the short term. If there is a wave of pullback, the pressure of the daily line is 34. So you can enter the market in this range, ~!
If the meme boom ends, the last chance for retail investors to turn their fortunes around will be gone!
I only know that for retail investors at the bottom of the market, only meme can really allow them to get the cheapest chips in the early stage, ahead of institutions, big investors, exchanges and other big cuts in the food chain. For so-called technical projects, the benefits have already been distributed in the financing stage, before the early launch.
And the big results that retail investors can get in this round are all through meme, such as Pepe, which came out of nowhere last year, Ordi, Sats, Rats in the inscription track, and Bome Wif in Sol this year. Of course, Sol is currently a carnival for the devs, and it is difficult for retail investors.
But I believe that there will always be phenomenal big dealers in the market who will make the annual meme representative
It was basically sideways for two days during the holiday, and yesterday's long order was damaged.
I opened a long order for MEW. It was above 0.005 for the first two days, and I placed a loss of 0.495. After I lost money, I knew something was wrong, and then I went short.
Bitcoin is likely to fall further. It is recommended that friends who are long should set a stop loss or wait and see for the time being! ! !
There is no big market during the day, and it is likely to fall sideways.
8.12 Morning Technical Analysis The large retracement in the morning was indeed a bit unexpected. The large retracement must be accompanied by a rebound. Don't blindly chase the rise and sell the fall!
From the current market, there will be a large rise if the retracement below is in place. Once it stabilizes, it will be a game of thousands of points!
From the four-hour line, the volume of the kong head has shrunk, so the 58,000 mark is still a strong support point. Focus on whether it can be effectively broken through!
The operation of the big cake is recommended to do 58,000-57,800, and look up to 60,000! Yitai 2500-2520 do duo, look up to 2650!
[Buy and sell points] Buy point 1: 6.40 USDT (the current price is close to EMA(7) and above EMA(30), indicating a positive short-term trend, which can be considered as a more conservative buy point) Buy point 2: 6.20 USDT (this price is close to the low point in the last few hours. If the price falls back to this level, there may be support, which is suitable as a more aggressive buy point) Long stop loss point: 6.05 USDT (leave enough space to avoid small fluctuations triggering stop loss, and this price is lower than the bottom of most recent trading ranges) Sell point 1: 6.54 USDT (just the highest price in the latest cycle, which can be used as a preliminary sell point, and is expected to encounter resistance) Sell point 2: 6.60 USDT (exceeding the highest price in the recent cycle. If it breaks through, it may usher in new upside space, which is suitable as a more aggressive sell target) Short stop loss point: 6.65 USDT (safety buffer for short selling, slightly higher than the second selling point, giving the market room for fluctuations)
[Price trend analysis] K-line pattern: Recent K-line shows that price fluctuations have intensified, especially between 18:00 on August 8 and 14:00 on August 9, when there were large price gaps and changes in the length of the real body, indicating that market sentiment is intense. From 21:00 on August 7 to 13:00 on August 8, there was a continuous upward trend, followed by a long upper shadow at 14:00 on August 8, suggesting that high selling pressure has increased. Technical indicators: MACD indicator: The latest MACD value is positive and the DIF is higher than the DEA, but the histogram is shrinking, which means that the bullish force may be weakening. KDJ indicator: The J value is around 99.98, close to 100, which is usually regarded as an overbought area and may indicate an imminent correction. EMA indicator: The closing price continues to be above EMA (7), indicating that the upward trend will remain in the short term. Compared with EMA (30), it is also stable above, and the medium- and long-term trend is bullish. Volume: When the price rises sharply, the volume increases, such as 14:00 on August 8, indicating strong buying interest. The volume has decreased in recent hours, which may indicate that buyers and sellers are cautious and wait-and-see at the current price level. #PlusToken相关钱包转移ETH #美联储何时降息? #Ronin跨链桥安全漏洞 #MarketDownturn
BTC, ETH, BCH, LTC, LINK, ADA will rise violently in the future, and you will doubt your life. These coins are all held by Grayscale institutions and locked for half a year. They will not plummet in a short time, because they are locked by large institutions and will not sell. It is difficult to influence the market by relying on a few retail investors to sell. Just hold on and get rich quietly. Do you understand, my friends?
2. After a big Yang line, there are three or more small Yang lines or cross stars
When the market has been falling for a long time, a large Yang line with large volume can be closed in the recovery stage, and then three small Yang lines or cross stars that continue to rise will appear in succession. This kind of pattern indicates that the price at this time is very likely to rise in the subsequent market, so you can buy immediately at this time.
3. Bottom volume limit
If there is a limit increase in volume at the bottom of the market, then this time, whether it is a short-term or a wave market, it will be a good buying position, so you can follow up immediately after the limit increase.
4. Buy when the moving average crosses upward
When the price has experienced a long-term sharp decline, if the market rebounds and rises, if there is a shrinking trend, then MA5, MA10 and MA40 will appear at this time. The three lines converge to form a golden cross market, and the market will show signs of attacking again, then this is the time to buy boldly.
Speculating on new coins instead of old ones, can new coins still be bought?
This round of cottages is really difficult to do, and small leverage with large funds can hardly escape being robbed, not to mention the small bet on the big. According to common sense, when Bitcoin rebounds, cottages rebound even more strongly. Now many cottages have not answered Bitcoin's position at 61,000. There are many factors in this round. To put it bluntly, it is a test of the ability to choose coins. In the past, as long as a coin was in a bull market, it would be carried away. As a result, this time, Bitcoin broke 50,000, and most cottages broke new lows, which was even more terrible than the deep bear market in 22 years. Most of them are some old Bidens, who have been in 18 and 19 or even longer. After two rounds of bull and bear, more people are trapped each time, and each time is lower than the last, which will only cause the cost of occupying funds.
I am optimistic about modular public chains such as TIA and ONDO in the RWA sector. I believe there will be new highs. Now the meme sector is the most cost-effective in the cottages. WIF is fully circulated, with high consensus and decent market value.
MEME has completely exploded, eclipsing most value coins, and even rubbing their faces on the ground
Those holding value coins seem to have not felt the arrival of the bull market, except for a few popular tracks, such as TON, SOL, BTC, and others are really hard to describe
Those who play MEME wholeheartedly have repeatedly set new highs, and have become rich one after another by relying on local dogs. Every time the market counterattacks, it is MEME that leads the charge
The financial market is a hot money market, a pool of liquidity, and a focus. When the total market value does not increase much, funds will flow to one side, and the other side will inevitably dry up. It has the ability to be reflected in the price, which is enough to attract attention
It’s hot, MEME is always so hot
Some people broke through the defense, joined, and made money Some people missed it, did not understand, and are watching
The number of initial jobless claims in the United States this week was 233,000, the lowest since July 6. The U.S. economic data has been fluctuating this quarter. Although most people believe that the U.S. economic data has been completely manipulated by artificial fraud, the data can still influence the trend of risky assets. Bitcoin and Ethereum rebounded by more than 5% today. The impact of the yen rate hike has temporarily come to an end, but the market is in a state of panic and the panic index is still high. From the option data, the IV of each major term still maintains a high level of more than 60%, and there is no room for a sharp decline in the short term, because the current BTC 7D RV is as high as 100%, far exceeding the IV level.
Volatility has a clustering effect, and large fluctuations will have long aftershocks, so IV has strong support, and sellers can gradually build positions.
The market crashed on Monday. When we thought the sky was about to fall, we did not expect a big reversal. It hit 62,700 in the morning, which means that it rebounded by nearly 14,000 points after bottoming out at 49,000 this week!
We guessed that there would be a rebound, but it was limited to the technical rebound correction. We did not expect the strength to be so strong. Even in the early morning, there was no chance to go short and look for a callback at 60,000. The daily line has now formed a deep V, and there is still room for rebound. It stands above 60,000. Next, we will pay attention to the 63,500 resistance conversion position.
In the morning, it fell back to 60,300-60,500, and looked at 62,000-62,800; the aunt 2620-2630 is synchronized, and it looks at 2700!
#Ripple于诉讼中取得部分胜利 #PlusToken相关钱包转移ETH #美联储何时降息? #Ronin跨链桥安全漏洞 #MarketDownturn If you can't find your way in the cryptocurrency circle, please find me... I will take you there for free... and you can join the free exchange 𡝗👉 public account. Search: Sanqi Talks about Blockchain. Freely share more information and strategies related to the cryptocurrency circle.