Warning ⚠️, an epic correction will occur this weekend 😐

The current market trend is still in a sideways consolidation state. 🧐 Let's take Bitcoin as an example; it has encountered significant resistance during its upward movement, like hitting a wall, making it difficult to continue rising. 😣 From the performance of the fear and greed index, we can observe that there is a considerable possibility of a pullback in the short term, which means the risk of short-term adjustments is continuously increasing. 😱

The theoretical basis for a major correction:
1. The fear and greed index rises above 90 again.
2. Liquidity approaches a critical point of exhaustion, indicating that most people are already in the market.
3. The contract funding rate remains at 0.03.
4. It is the fortieth day since the daily level rebound began.
As long as any one of these conditions is met, historically, a major correction could occur in the near future, not to mention that all four points are currently satisfied.

However, we cannot only focus on the negative side. The bullish sentiment is still very strong right now, with some institutions, such as MicroStrategy, continuously increasing their Bitcoin holdings regardless of whether the price goes up or down; they only have one action—buying, with no intention of selling. This behavior acts like a booster shot for the market, making everyone feel there is still hope. 👏

From an overall perspective, the probability of a major bull market starting has exceeded 90%. 😎 Everyone should know that we are now approaching the last month of 2024, and at this critical moment, we need to be fully prepared for the potential correction; this is very important. 🤔 Of course, we should not only focus on the correction but also look for any breakthrough opportunities that may arise afterward; once they appear, it could be a great time to make a profit.
$BTC $ETH $SOL

🔥Breaking news, Binance Gold Analyst Crypto News! 🔥

Market sentiment 4, in the low valuation range;

This wave of Bitcoin fell back to Fibonacci 61.8%, and then went out of a new downward channel, with support below 57000 and resistance above 62500; Ethereum's support below 2700-2800, and resistance above 3050; Link around 10 may be an opportunity; the market has been very bad recently, you can choose to improve yourself, either direction is fine; diverting attention may be a good choice. 🤔

This wave of altcoins is very similar to that of 2019. Taking ada as an example, the first wave fell 90%, then rebounded several times, and then fell 80%. With the advent of the bull market, there was a sharp rise; looking at the cycle, 2017 and 2021 are big bull markets, so this wave may be 25 years; the only difference is the trend of Bitcoin, which hit a new high in March in advance, and then fluctuated at a high level, without much decline. I don’t know if it will fall later. ⚠️

History will not repeat itself, but it will be surprisingly similar, so I will wait patiently. There are two waves of market in a year. There should be a wave of rising trends in the second half of the year. It has been falling for 5 consecutive months. It feels like it will explode soon! 🚀🚀🚀

Taoist stone ytterbium seal, the new treasure of Bitcoin ecology!💰💰💰
$BTC $ETH $SOL

$BTC Important news🔥 Bitcoin failed to break through 60,000 and reach the target. It is currently falling back again, with support around 55,300. If it falls below 55,000, it may reach 50,000-52,000, which I think is the iron bottom. The current trend is not optimistic. The short-term resistance is around 58,800. If you have not closed your long position, you can close it when it rebounds above 58,000. Look at 55,300 first. If it falls below 55,000, wait for the 50,000-52,000 range; Short selling can be done at around 58500, with a stop loss of 59300;

Ether also fell back after breaking through 3200, and did not reach the target of 3250. The short-term support is 2950. If it can rebound around 3150, you can close the position if it is not closed, or short selling, with a stop loss around 3190; the rebound is a little weaker than expected, and the short-term air force is relatively strong; but most of the cottages did not follow the decline in this wave, and the medium and long-term indicators of the big cake are in a position where you can buy. Be patient and wait for the bottom consolidation to end. I believe the market will usher in a wave of continuous rises for several months. After the announcement of CPI yesterday

The probability of a rate cut in September has greatly increased. According to the previous rules, there will often be a wave of market conditions before the rate cut, so there will be a phased bull market in late July and August, and Bitcoin is likely to break through 80,000🚀🚀🚀$ETH $SOL

$BTC The Bitcoin ecosystem is about to explode. The Federal Reserve announced in the early hours of last night that it would maintain the current interest rate unchanged, but hinted at a rate cut in the coming months.
Based on what we see in the market now, I think this summer is the last chance to collect chips, because the upcoming US election will inevitably lead to a rate cut.
Let's prepare our ammunition to accumulate as many high-quality assets in the Bitcoin ecosystem as possible for the last time before the parabolic rise💰💰💰

$CFX Breaking news, Hong Kong fintech company AnchorX tweeted that it plans to issue AxHKD stablecoin through Conflux to promote cross-border trade and business activities between Hong Kong and the "Belt and Road" countries.
🔥🔥🔥Hold it until $3.8💰💰💰

$BTC Bitcoin has broken through the short-term trend line and is expected to continue to rise. The short-term resistance is around 70,500. If it can continue to break through, it is expected to challenge the historical high; the stop loss can be moved up to around 67,000;

The position of Ethereum remains unchanged. Let's see if it can be pulled up to 4,000. This is the short-term resistance. The stop loss remains unchanged;

Wealth Code:
Gala looks like it will break through. If it falls back to around 0.044, you can participate. The stop loss is 0.041 and the target is 0.058. Let's see if the hot spots in the game sector can continue.

$CFX Remember what I said today! Hong Kong stablecoins are about to flourish, and the TreeGraph public chain is the only choice for patriots. Hold it until it reaches $3.8! !

Be alert ⚠️The next wave of outbreak is brewing. The only premise for judging the brewing is shock. Shock means that the long and short orders are entangled, and the market needs to give a guide or a separate emotional outbreak to get out.
If yesterday's long and short were mixed, today almost the entire network is bearish; I found a pattern, as long as the entire network is looking in one direction, there is a high probability that the reverse operation will be carried out!
The hourly coin price rebounded to above the middle track after touching the lower track of the Bollinger band. Although the kinetic energy is weak, the three lines of KDJ have a slight upward trend, and the kongtou is weak. The low point below did not continue to fall. Now the coin price stands above 62,000. Pay attention to the pressure of 63,000 in the evening. Pay attention to whether it can bottom out and take off below🛫
$BTC

$PORTAL Warning ⚠️, this is a scam designed by the platform and the project! So far, the project has not made any progress, and it is just to increase the price of goods! Don't fall into the trap for your family!

$PORTAL This feeling is not good. I’m going to cut my losses and leave the market first. Take care, my friends!

$PORTAL Warning ⚠️ According to reliable information! The project team encountered problems and there is no progress. Don't buy the bottom easily. This is a bottomless pit. I will wait for you at 0.5!

$PORTAL Come on! Target 0.5

$ACH Remember what I said! Hong Kong stocks will start to rise next week. This is a cash cow! Hold it until it reaches $0.99

$CFX Breaking news! The internal testing of the Hong Kong dollar stablecoin has ended, and the official issuance of the Hong Kong dollar stablecoin will be announced next week. This is a gold mountain, and smart money has already ambushed in the corner of the mountain. You will thank yourself in a while!

Crypto News! It is said that the Hong Kong government will issue 10 billion Hong Kong dollars of stablecoin HKD after the May Day holiday, becoming the world's second largest stablecoin, replacing USDT in Hong Kong in the future. It is rumored that it will be issued on the government-backed TreeGraph public chain. Does this mean that CFX will usher in a big rise?
#CFX $BTC $ETH

$PORTAL Warning! I carefully studied the project and the team and made it public in the internal group. The project was released in February. In less than a month, the holders are estimated to have started to be malnourished. It is rare that the price was cut by 46.55% immediately after the launch, so there is no need to know more about market sentiment and token data. It is just a T-shirt. How much cotton do you expect to be stuffed inside? Protect your wallet for your family. It has been confirmed that this is a pian game! You will soon fall below 0.5 and eventually return to zero.

Crypto News! 📈Today's Bitcoin and Ethereum Trend Analysis is here😉

👉Bitcoin is now trading sideways at the bottom of a small level. Today, we should focus on the position of 57700. If the 1-hour closing line can stand above this position, it means that the 1/2 hour level will start to rebound🎉!
Then we should also pay attention to the positions around 58470, 59440, and 60700😎.
If it fails to rebound, the support levels below should be around 56730, 54500, and 52000😟!

👉Ether is also trading sideways at the bottom of a small level🤔. Today, we should pay attention to the position of 2945. Similarly, if the 1-hour closing line can stand above this position, the 1/2 hour level will also start to rebound😃!
Pay attention to the upper positions of 2981, 3029, and 3078🤗.
If the rebound fails, the lower support levels should be around 2890, 2842, and 2793😟!

#5月市场关键事件

$ORDI After the big pie falls below 60,000, Audi will fall into the abyss. Clear the stock! Clear the stock! Clear the stock!

$PORTAL WARNING ⚠️ Be careful with this coin, they are adding coins to circulation regularly. With every small increase, the price drops to new lows. I don't recommend getting involved before the price exceeds $0.5.

$PORTAL Portal is a newly launched scam coin that has touched his highs…next low target is between 0.4 to 0.6…..