The current cryptocurrency price has fallen below the 98000 support level on the 4-hour chart.

The price pattern has formed an extreme divergence.

The waterfall will continue, with a possible range of 90000-91000, and Ethereum is expected to reach around 3300-3400.

It is recommended to enter short positions on the rebound near 99000-99500 early Friday morning, with a stop loss at 100500#美联储放鹰 .

Subsequent market analysis:

Bitcoin has not fallen below the 4-hour support level of 98,000

That is to say, the 4-hour overall trend upward channel has not been broken, so there is no divergence

Therefore, when the price of the currency is at 100,000, it is promising to arrange long orders at 110,000 and Ethereum to stabilize at 4,000! #加密市场回调

101000,3646Kong Yi left the field, Luo brought 22000 bullets

Rijun First Dan, 101500, 3673 Duo, to leave the field, Luodai 13000 bullets

Must Read for Unwinding!

First Method: Maintain Position

You can adopt a "hold and don’t sell" strategy. When your position is stuck, as long as you haven’t sold, you cannot definitively determine that you have incurred a loss.

However, this method requires you to have sufficient funds to withstand all risks and ensure that you can endure potential market fluctuations.

Second Method: Step-by-Step Operation

You can unwind by using the "stop-loss and then add positions" strategy. First, choose to stop-loss to conclude the current losing position, and then re-enter the market when the price rebounds to a suitable level.

This method can help alleviate or compensate for the losses from unwinding.

Third Method: Decisive Stop-Loss

Taking the approach of "selling everything", quickly stop-loss to conclude your holdings.

This method is suitable for short-term speculators, as the longer you hold during a continuous decline, the greater the potential losses. By selling decisively, you can avoid larger losses resulting from further price drops.#BTC

Thursday market analysis

Bao's expected number of interest rate cuts for next year has been reduced by 2 times, and the global financial market has collapsed directly

When he gave a speech at 3:30, he directly pointed out that he would not embrace the policy for encryption for the time being, causing Bitcoin to fall 5 points overnight

Back to the plate, when the expected effect is implemented, the market will slowly return to the right track when it is repairing

Although Ethereum has been reluctant to stand firm at 4,000 in this round, it will open up the upward space as this event is implemented

Although the big cake fell below 100,000, it showed a strong anti-V pattern

The support at the daily level is believed to lead the overall counterattack to 110,000 soon

As for the intraday big cake of more than 100,000, Ethereum more than 3,620

Current price of Bitcoin 103700, Ethereum 3829 long position entry, take Bitcoin 1000 points, Ethereum 50 points

Overcoming Fear and Greed

The picture below shows a good bottom-fishing position #加密市场盘整

Wednesday Morning

Beware of extreme movements driven by interest rate cut speculation

Also, please pay attention to the antics of the Bank of Japan

The Federal Reserve is deeply intertwined with global finance (excluding the A-shares)

Since the last interest rate cut stimulated economic vitality, the overall economic momentum remains strong and continues to rise

Generally speaking, it is unlikely to be as excessive as the last round of quantitative easing to stimulate

Looking back at the market, the cryptocurrency price continues to form high-intensity consolidation

However, both trading volume and total positions have shown an overall decrease

During the day, it will mainly fluctuate with swings of several thousand points

The trend line still looks bullish, and the market is likely to quickly rise to 110,000 as it digests interest rate news

In the short term, it is recommended to enter long positions in the range of 105,000-105,500, targeting the area of 107,500-108,000

Tuesday Market Analysis

The price of the currency continues to consolidate at a high level

Especially with the sustained support from the U.S. stock market and net inflows

Affected by international geopolitical factors

Funds are all moving towards risk-averse operations

Interest rate cuts are getting closer, and the top leaders are also hoarding Ethereum

Looking back at the transformation of the 100,000 price ceiling and floor that was repeatedly mentioned last weekend, it has already risen nearly 8,000 points

As for tonight, the range of 105,000-105,800 can be a good entry point for long positions #BTC持续刷新高点

Current price allows for additional long positions, Bitcoin target 108000, Ethereum 4200#BTC再创新高

Monday Evening Analysis

Bitcoin's upward channel continues to emit upward momentum

Although the 4-hour chart shows severe overbought conditions

From a height perspective, it does not yet seem to have peaked

Moreover, various unfounded interest rate cuts have also been initiated

Referring to the daily chart, a push towards 110,000 is to be expected

Ethereum's inability to stabilize above 4000 is also an intriguing point

In the short term, I lean towards a correction in the range near 102,000

As for tonight, I suggest a short position at 105,000

The gold content is still increasing

The daily level triangle is a trap

Seeing 97,000 at the end of the weekly K is also a deliberate setup

It's really hard to be clear-headed in this world; those shorting are probably still waiting for a pullback

But it really may not give you any opportunity

When 102,200 is broken, 100,000 has already formed a conversion of top and bottom

Slowly cutting flesh with a slow knife, gradually rising; those shorting will only go deeper and deeper!

As for tonight, I still want to go long at 100,000 #币安LaunchpoolVANA

Yesterday I emphasized too much

The daily level triangle narrowing is a trap

The actual goal is to touch the 102200 level

In simple terms, it is to absorb the short positions' chips, thus opening up upward space

Once again, during the conversion period of tops and bottoms, do not be blinded by the patterns

The position for entering long positions over the weekend remains at 100,000! #BTC重回关键位置后走势

100,000, 3896 Duo, leaving the venue, Luodai 25,000 bullets #BTC

1️⃣0️⃣0️⃣1️⃣0️⃣0️⃣, 3️⃣9️⃣1️⃣0️⃣Duo, achieved 1️⃣1️⃣0️⃣0️⃣ with 4️⃣0️⃣points upon leaving

100100, 3910 duo, to take away 1100 at the exit, 40 points #BTC重返10万

The daily level shows a very obvious triangular pattern

If the points of the triangle narrow, it must test 97000 for support

However, the coin price has been showing a high-level consolidation and fluctuation, and there is a clear accumulation state on the 4-hour chart

I tend to believe that the daily level is forming a cage

The coin price will further attempt to touch the resistance at 1002200

Therefore, regarding the over 100,000 tonight, it can continue to hold #BTC

The long position of 100100 laid out in the early hours has not been executed, still holding on

The state of the market is actually very clear now; the transformation of tops and bottoms can be adjusted at any time to build momentum

The so-called 104000 not being stable is just to make you abandon your long position chips

Currently, the preliminary observation at 100000 indicates that the stage of starting to rise is a bit hard to turn back #BTC☀

101000 Doh, leave the venue, Luodai 17000 dollars