I see many people saying that crypto is over, the bull market has come to an end.
Many have liquidated their positions, and many are trapped in altcoins.
The bubble in crypto is indeed very large, and the risks are significant.
Whether the market has ended or not, no one can say for sure.
However, I personally believe that crypto is not over, and the bull market will continue.
Before the election, the market is very bleak.
It was the same before taking office.
The most appealing aspect of cryptocurrency is that a single piece of news can instantly change everything, making people question their life choices in an instant.
1000SATS breaks critical support, can it make a comeback?
Market Analysis: 1000SATS has recently experienced a steep decline, with strong bearish sentiment, and the market appears unusually weak. However, as the price enters the oversold territory, low-level funds may gradually flow in, igniting hopes for a short-term rebound.
Support and Resistance Levels: • Support Levels: 0.0001710, 0.0001650, 0.0001580 • Resistance Levels: 0.0001900, 0.0002000, 0.0002100
Short-term Trading Strategy:
Long Position Strategy: • Entry Point: 0.0001750 • Add Position Point: 0.0001700 • Stop Loss Point: 0.0001580 • Take Profit Targets: 0.0001900, 0.0002000, 0.0002100
Short Position Strategy: • Entry Point: 0.0001900 • Add Position Point: 0.0002000 • Stop Loss Point: 0.0002150 • Take Profit Targets: 0.0001750, 0.0001700, 0.0001650 $1000SATS
My Prediction: Bullish. Although there is still downward pressure in the short term, from a technical indicator perspective, 1000SATS is severely oversold, and bottom-fishing funds may intervene at any time, making a short-term rebound likely.
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