This is a trend that may occur next Temporarily observe and don't rush to go long I can't feel today's round of rising like the strong rise in the previous round, my intuition was right, doge timely exited ordi also called for profit-taking at the highest point, temporarily let the market run for a while, don't rush to bottom-fish
Personally, I feel that BTC is holding back a big move. Small coins are on the verge of collapse, and Bitcoin is single-handedly draining value. When it can no longer absorb, there will be a significant drop of 10,000 points. Bitcoin is experiencing severe divergence between volume and price. Once it can no longer rise, it will be the turn of small coins. For now, don't short. It is very likely to touch 100,000. Every bull market will have an altcoin season, where altcoins are squeezed to the extreme before exploding. In the last cycle, Bitcoin's dominance was compressed to 82% before exploding, in the previous cycle it was compressed to 72% before exploding, so how much will this cycle compress? 62%? Currently, it is at 60%. Bitcoin has broken through 95,600, and support has already formed here. A new round of rising is about to begin, so do not short. Small coins can be prepared for ambush now. $NEIRO $WIF $ORDI Also, some coins in the blockchain gaming sector, only recommend spot or low leverage to buy the dip.
Tears blurred my eyes, comrades, how are you all? This liquidation is the largest in history, affecting 700,000 people. Counting smaller platforms, the total is one million liquidated.
The amount of liquidation this time is not the largest in history, but the number of people is the highest ever, which indicates that retail investors suffered the most, and they were completely uprooted, leaving no trace.
Two good pieces of news. 1. $ETH long positions have been completely wiped out, the burden is lighter, and the rise won't have a lot of people taking profits causing selling pressure. 2. With all the long positions gone, what will the shorts eat? They have nothing to feast on; their profit-taking is actually buying in, which will cause the price of coins to rise and create a rare situation of shorts eating their own. That's right, when the opposing side is gone, they can only feed on themselves.
As of today, none of the altcoins have developed an independent trend. $WIF deliberately broke through 1U and then rose by 20%. $SUI showed a bottom divergence on the daily technical chart, but the pressure at 3.86 was never broken (it was predicted to be cut in half when it was at a high of 4.5U, mainly because it fell too fast).
Short-term long positions can be taken, with a stop loss at 101000. Ethereum's stop loss is at 3180. Those seeking stability can wait for a breakout at 108000 to pursue long positions or for Ethereum to break 3500 to pursue long positions $BTC
The trend of $BTC is like this! The 1-hour chart is a trend that traps people, and the 4-hour chart hasn't dropped to the right level yet. It feels like it will surge to 9.8, and I won't consider bottom fishing until it's below 9.7! Just chatting, not giving investment advice.
I laughed so hard, the one who issued the currency is the 45th President of the United States, what does it have to do with the 47th President? [Wang Chai] $TRUMP
$ETH eth follows 3450 here When you arrive, it can be a bit more The shape looks relatively good, currently looking at $TURBO as a $PEPE 0.022 here is an opportunity to build a position, don't go for high leverage gambling in this market, spot trading or 2x is the way to go, communication 636188128
Notice: At 9:30 PM, Non-Farm Payrolls! Five-Star Market volatility is high Suggestions: Profitable positions: Reduce position and move stop loss up for hedging Losing positions: Must have a stop loss in place, must
In addition to Bitcoin, I am also paying attention to opportunities in other tracks. Recently, AI-related projects and MEME coins have become hot spots in the market again. OpenAI announced that it will conduct 12 live broadcasts in the next 12 days and is expected to release new innovative technologies. This may trigger a wave of enthusiasm in the AI industry again and drive the rise of AI-related cryptocurrency projects.
For example, previous AI concept coins such as FET, WLD, RNDR, ARKM, NEAR, TAO, etc. have achieved good performance. And now, some new AI-related MEME coins have emerged in the market, such as GOAT, ACT, Virtual, AIXBT, Clanker, etc. These currencies may have a significant performance in the future market.
It's very clear when you look at this chart $BTC Basically, it's like this, except for the 73000 to 49000 range, the 8 months of oscillating accumulation is a 'weekly level' retracement, with a drop of up to 33%
Every other 'daily level' retracement of Bitcoin has been around 20% to 22%
Assuming Bitcoin starts to drop by 20% from 110,000, it would roughly retrace to around 88,000, which is quite reasonable.