A big market trend is about to come, can we enter the market and go long now?
Based on the one-hour candlestick analysis of Ethereum, it is currently in a downtrend, and Ethereum has been falling for a day. Today, there was an outrageous drop of 200 points; normally, there should be a small-level correction today.
Currently, analyzing the overall market, there is no sign of a rally, we can only see strong support at the lower level, with the support level around 3270.
The community has already entered the market for a long position around 3302, aiming for a take profit at 3385 and a stop loss at 3275.
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The 24-hour high for Bitcoin is 98330, and the low is 91466. Since yesterday, Bitcoin has been dropping over 7000 points. Currently, our community has been bullish and positioned around 92000, and we are currently only seeing floating profits. The target above looks at around 96500, with a stop-loss set below at 91400.
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According to the current market conditions analysis, a pullback phenomenon has occurred at the four-hour level, and the K-line has broken through the short-term moving average, which indicates that the short-term trend is starting to weaken.
However, in the lower time frame's trend, its technical pattern is gradually adjusting and repairing, and there has been a rebound repair trend towards the end of the trading session.
As previously described in the strong market trend, after a dip, if the market can stabilize and recover towards the end of the session and complete the repair, then it can still be viewed positively.
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Precise entry point, our community has a floating profit of about 2000 points for the main asset, target remains unchanged, looking up at around 95664 for the main asset. If it reaches that point, we can exit directly, after all, making a profit is the hard truth.
Currently, the support below is not particularly strong considering the possibility of the main asset being a false breakdown. Our community considered placing a long order for the main asset around 4 AM.
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LIVE
鹤川Dec
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The big pancake $BTC is about to break 90,000, the era of 8 is about to come again!
Last night, the big pancake plummeted by 4,400 points. Our community was still a bit conservative, entering the market around 98,200 in the afternoon to look for a take profit point at 96,755.
Currently, the community has once again entered the market to go long near the drop at 92,856, aiming for a take profit around 95,664, with a stop loss set at 92,177.
I have seven years of real trading experience and update articles irregularly every day. All articles are genuine. If you need real-time entry points, you can comment with a 1 in the comment section to communicate. I am waiting for you on the path to take profit.
The big pancake $BTC is about to break 90,000, the era of 8 is about to come again!
Last night, the big pancake plummeted by 4,400 points. Our community was still a bit conservative, entering the market around 98,200 in the afternoon to look for a take profit point at 96,755.
Currently, the community has once again entered the market to go long near the drop at 92,856, aiming for a take profit around 95,664, with a stop loss set at 92,177.
I have seven years of real trading experience and update articles irregularly every day. All articles are genuine. If you need real-time entry points, you can comment with a 1 in the comment section to communicate. I am waiting for you on the path to take profit.
Precise profit-taking, at 8 PM we will open a short position for the big pie at the 98200 level, aiming to take profits down to 96755, successfully capturing a 3000-point drop. Why is it called a 3000-point drop? Because our community just closed the position and modified the profit target midway.
Currently, there is suspicion of a false bearish move in the big pie, and we have already closed all positions, waiting for a good entry point to capture profits. Our community is considering opening a short position again near the 96500 level of the big pie, aiming to take profits down to 95600-93300, with a stop-loss set at 97200.
I have seven years of real trading experience and update articles irregularly every day. All articles are real. If you need real-time entry points, you can comment '1' in the comment section to communicate. I am waiting for you on the road to profit-taking.
From a technical structure perspective, the four-hour chart candlestick is positioned near the upper middle band of the Bollinger Bands. Although it is a bullish trend, the volume has always been insufficient; as long as the previous high resistance is not broken.
Our community continues to maintain a range-based approach, adopting the principle of not breaking, not standing. The point is in front, the direction is behind, and we will focus on the critical point of 98000 in the evening.
Our community aims to open a short position near 98200 with a take profit at 96755 and a stop loss set at 98770.
I have seven years of real trading experience and update articles irregularly every day. Everything in the articles is real. If you need real-time points, you can comment '1' in the comment area to communicate. I am waiting for you on the path to taking profit.
Currently, Bitcoin is approaching the 100,000 mark and has started to consolidate. The MACD moving average is running downwards, and the selling volume is gradually decreasing, while the KDJ line is moving upwards.
As for Ethereum, the weekly level has closed with a bullish candlestick, the Bollinger Bands continue to expand upwards, and both the MACD moving average and KDJ line are moving upwards, with buying volume continuing to increase.
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Why did it drop yesterday? Because it was the end of the week, it's just a pullback, don't think it's going to start a crash. Today, our community is bullish, waiting for a drop to consider entering again.
Currently, the price of Ethereum has reached the 3400 level. If the price of Ethereum reaches around 3328 today, enter a long position directly. This position is the support level below, with a take profit level of 3395-3460 and a stop loss level of 3285.
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Ethereum experienced a supplementary rise on Saturday, reaching the 3500 level and then retracing. On Sunday, it closed with a bearish candle, retracing to the 3280 level before rebounding.
Based on the four-hour candlestick chart for Ethereum, there was a rebound at the levels of 3260 and 3280, so short-term support can still be referenced.
Action
Ethereum Retracement: Buy at 3328
Take Profit: 3455
Stop Loss: 3285
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Last night, Bitcoin fell back to a low around 95750, and this morning it surged by about 3000 points to reach 98350. Yesterday, it plummeted by 3000 points, but recently Bitcoin's recovery ability has been strong.
Currently, the community still holds a bullish outlook, awaiting Bitcoin to dip again to 95200, where I consider going long at the lower levels with a target of 96100-98500, and a stop loss at 94600.
I have seven years of real trading experience and update articles irregularly every day. All articles are authentic. If you need real-time points during trading, you can comment with '1' in the comment section to communicate. I am waiting for you on the path to taking profits.
It has now surpassed 96,500, and the low point below has been refreshed again. Is there a possibility that this is a trap set by the market makers?
Based on Sunday’s waterfall, it can't be said to be a trap; we can only say that it has already broken through the support level below.
Next, how should we position ourselves? Our community recommends going long overall. The general trend looks bullish, and if brothers want to short, they can consider a short position for the short term.
I have seven years of real trading experience and update articles irregularly every day. All content in the articles is real. If you need real-time entry points, you can comment with '1' in the comment section to communicate. I am waiting for you on the road to take profit.
LIVE
鹤川Dec
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$BTC
In the evening, a signal was quickly given at 96400 for a rebound. The daytime pullback is not a reversal, and the strength of the pullback is not very significant. Currently, the long position has rebounded to around 97400.
From a technical analysis perspective, the weekly candlestick shows another large bullish candle, and a three consecutive bullish candles pattern has basically indicated that a significant drop is unlikely in the short term. Over the weekend, there was a pullback in the hourly level, with a pullback line around 96500.
I have seven years of real trading experience and update articles irregularly every day. All content is real, and if you need real-time points during trading, you can comment '1' in the comment section to communicate. I am waiting for you on the road to take profits.
In the evening, a signal was quickly given at 96400 for a rebound. The daytime pullback is not a reversal, and the strength of the pullback is not very significant. Currently, the long position has rebounded to around 97400.
From a technical analysis perspective, the weekly candlestick shows another large bullish candle, and a three consecutive bullish candles pattern has basically indicated that a significant drop is unlikely in the short term. Over the weekend, there was a pullback in the hourly level, with a pullback line around 96500.
I have seven years of real trading experience and update articles irregularly every day. All content is real, and if you need real-time points during trading, you can comment '1' in the comment section to communicate. I am waiting for you on the road to take profits.
Currently, Pancake has been in an upward trend, and a breakthrough of one hundred thousand is just around the corner. The overall trend in the community still looks bullish. For those considering shorting, it's not highly recommended, but shorting for a brief period could be considered.
The daily chart for Pancake showed a pullback yesterday, dropping from a high of around 98950 to a low of around 97150, closing around 97700. The support level below suggests that weekend trading may see fluctuations and corrections, with expectations for an explosion on Monday.
I have seven years of real trading experience and update articles irregularly every day. All articles are genuine. If you need real-time trading points, you can communicate by commenting '1' in the comment section. I will be waiting for you on the path to take profits.
Ethereum has always been an undervalued coin. There is a high probability that Ethereum will catch up to the 4000, or even 5000 position in the upcoming market, but the 100,000 barrier for Bitcoin has not yet stabilized.
If Bitcoin consolidates at a high level, various moving average indicators and the current price approaching each other will lead to funds being pulled to Ethereum. For those positioning in Ethereum, using spot trading or 1-3 times leverage is sufficient; too high leverage would be unsustainable. For small fluctuations, the higher the leverage, the quicker the operation is better.
Operation
Ethereum pullback: Long at 3337
Take profit: 3417
Stop loss: 3306
I have seven years of real trading experience and update articles irregularly every day. Everything in the article is real. If you need real-time points for trading, you can comment '1' in the comment section to communicate. I will wait for you on the road to take profit.
In the morning review, the pancake once again tested the bottom at the 97000 point but failed to break through. Currently, based on the technical structure, the pancake price is undergoing a correction at the 100000 mark, and is currently in an uptrend, with bullish momentum.
From the current four-hour structure, the pancake's bearish volume is gradually decreasing. The upper focus is around 99800, while the lower focus is around 97000. From the one-hour structure, the pancake's bullish volume is increasing, with the lower focus around 97500 and the upper focus around 98800.
I have seven years of real trading experience and update articles irregularly every day. All articles are genuine. If you need real-time points during trading, you can comment '1' in the comments section for communication. I am waiting for you on the path to take profits.
Is there a big player catching it at a low position?
Currently, it is said that this means Binance has once again been attacked by external hackers. The last attack was on Sant, and this time it is on WBTC, with someone possibly targeting Binance.
Some also say that it is the doge whales operating; if it is them, aren't they afraid of someone buying in early? Just this one line, who can see it without getting confused? The big players must be dumbfounded.
The meat is right at your fingertips, have you eaten it?
The community ambushed and entered the warehouse around 12 o'clock in the morning to prevent the market from pulling up. At present, the community has made a floating profit. The target remains unchanged. The first stop profit position is 98300 and the second stop profit position is 99500. The stop loss position is 96900.
Entrust Ethereum 3337 to open a long position, stop loss position is 3306, and stop profit position is 3418.
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LIVE
鹤川Dec
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$BTC
The bull market is still on!
Today's market really impressed me. If I had known, I would have focused more on Ethereum instead of Bitcoin. I have held my Bitcoin position for three hours with little movement, while my Ethereum position has already gained a profit of 60 points.
Currently, the community is going long on Bitcoin around the 97600 area, aiming for take profit near 98300-99500, with a stop-loss set below 96900.
I have seven years of real trading experience and update articles irregularly every day. All the information in my articles is genuine. If you need real-time entry points, feel free to comment '1' in the discussion area, and I will be waiting for you on the path to take profit.
Today's market really impressed me. If I had known, I would have focused more on Ethereum instead of Bitcoin. I have held my Bitcoin position for three hours with little movement, while my Ethereum position has already gained a profit of 60 points.
Currently, the community is going long on Bitcoin around the 97600 area, aiming for take profit near 98300-99500, with a stop-loss set below 96900.
I have seven years of real trading experience and update articles irregularly every day. All the information in my articles is genuine. If you need real-time entry points, feel free to comment '1' in the discussion area, and I will be waiting for you on the path to take profit.
According to the current market trend, the bullish power of Bitcoin is relatively optimistic. Compared with Bitcoin, Ethereum is relatively sluggish. The overall market has been consolidating in this pattern recently. If you only do more, you can wait and see. Wait until it reaches around 96,000 before considering low-long. The market is actually very simple. You can either go high or low-long. If you miss the low-long, you can only consider going high and short and wait for the retracement.
I have seven years of real-time trading experience. I update the article irregularly every day. Everything in the article is true. If you need real-time trading, you can deduct 1 in the comment area to communicate. I will wait for you on the road to stop profit.