Bitcoin head and shoulders top is about to form and finally escape from the top?

Within 2 to 3 weeks, the weekly top divergence of U.S. stocks has almost formed.
If you still only rely on sp500 for support
Sooner or later there will be a black swan
It will definitely affect institutional shipments

The knife has been sharpened. Please guard.

$BTC

On the weekly line, wait for the bar to close below the uptrend this week and fall below the 20 moving average. If it falls below, it will be bearish in the long term. The pattern has formed an M head, and the trading volume is decreasing. If it falls below 133, it will be bearish to the previous low of 85.

The daily line stepped back on the upward trend on the 16th and then accelerated its decline, but there were strong buying orders at 200. Although the lower shadow line closed on the 18th, it continued to fall on the 19th. Compared with ETH, which rose after the long shadow line closed, the trend is weaker.

On the 20th, the upper shadow line of the red stick grew, and it was touching the 200 average.
In the short term, it stepped back on the 20 average and then accelerated its decline, but it did not fall below the previous low. Let's wait and see again.

$SOL

GRT has broken below the uptrend line on the weekly chart and is now bearish as it awaits the formation of lower highs. If the daily line falls below the double bottom, it will be a good short position to wait for a retracement. However, it should be noted that 365 has strong buying orders.

The double bottom has been stepped back slightly on the 20th, and the trading volume has dropped. It may not actually be stepped on. If the closing bar is lower than the opening of 20 today, it will be bearish.
In the short term, it has stepped back to the 60 average, and the high and low points are rising. Let's see if it falls below the 20 average again.

$GRT

On the 8-hour time frame chart, we see clear areas of local support and resistance for $LPT . Prices fluctuate between these levels, forming an Elliott Wave pattern, suggesting a continuation of the short-term uptrend.

Local Support Area: Range: $20. 40 - $18. 90 ➖ This area is a key buying area where price finds support and rebounds. Strong buying interest here helps stabilize prices.

Market Structure:#LPTis in an Elliott Wave correction phase. A break above the resistance at $26. 78 - $30. 00, along with higher volume, could push the price higher. Otherwise, a pullback to $20. 40 - $18. 90 would indicate temporary consolidation.

Elliott Wave ABC: Following the fifth wave, it is usually followed by a corrective ABC band.

Scenario 1 (Low Volume): Wave C may test support at $20.40 – $18.90, indicating weakness on the part of sellers.

Scenario 2 (High Volume): Increased selling could push the price below this support, testing lower levels such as $16. 00 - $14. 00.

$LPT

BTC Fibonacci trend line, the main targets are 0.618 and 0.5, focus on the white trend line, the bottom is only when it falls to the white line, otherwise it is the top, the trend-level market price, it will take a long time to see the final effect.

$BTC

Cardano (ADA) is about to reach a major milestone: handing over $681.9 million worth of funds to community governance.

$ADA

Originally, the market was enthusiastically expecting the price of Bitcoin to exceed US$100,000. However, the recent decline in Bitcoin price seems not to be optimistic about the upcoming bull market, and it is currently testing the US$45,000 mark further.

However, there is still a chance for Bitcoin to reverse its decline and resume its upward trend. According to the chart below, Bitcoin price must hold support above $66,000. If the price can remain near current levels, Bitcoin is likely to rebound and regain $70,000 or even higher.

$BTC

$SOL will reach $300 during this bull run.

$SOL

$NOT has fallen back to the $0.02 I predicted on June 11th.
$0.025 - $0.03 is the next target.

$NOT

The monthly level fluctuates between 6-7w. It is recommended to buy low with the trend.

How to hold positions patiently?

First of all, you must understand why you are fearful and greedy about the market, because you cannot bear the corresponding risks and benefits.

Aren’t the higher the returns, the better? Why can't you bear it? Because this part of the income may not belong to you, you can think about it carefully.

So how to ensure that you can hold a position and not be easily thrown off by the market? I think we should first reduce the leverage, and secondly open a position within the acceptable risk range.

So what is the acceptable risk range? This is different for everyone. Personally, I feel that I don’t feel bad if I lose this money and it will not have an impact on my life.

Or explain that this is trial and error, one is a trial and the other is a mistake. Understand that there is no 100% chance of the market situation, and you need to try at the right time; admit it when you are wrong. This is the cost of trial and error. When the market moves out, you can promptly protect your capital and let the market happen on its own. Finally got the spot I wanted.

$BTC

#DePin projects with the highest long-term ROI.

Check out the latest ROI statistics for key DePin projects:
Arweave $AR : 180-day ROI +211.26%
Livepeer $LPT : 180-day ROI +180. 11%
Render $RNDR: 180-day return on investment + 93. 42%
The Graph $GRT: 180-day ROI +53.84%

These projects show strong long-term potential. Key Takeaway: Watch these ROI trends to identify strategic opportunities.

$AR $LPT $RNDR $GRT

The breakthrough of $IO will be huge.

Personally, I feel that ADA is still following the historical inertial script. First of all, we can observe the first W bottom in the past. After breaking through the neckline of the W bottom (yellow dotted line), there was a retracement and then it washed through the neckline (yellow dotted line) and then Consolidation breaks through to the upside.

First, using Fibonacci expansion, you can find the right foot (point A) from the (red arrow) first) W bottom, grab the high point that breaks through the neckline (point B), and finally connect to the consolidation point (point C). At the low point, after breaking through, you will find resistance at four Fibonacci positions (0.786, 1.414, 1.618, 1.786), and finally start to fall all the way from 1.786.

We are currently at the second W bottom, that is, breaking through the W bottom neckline (blue dotted line), stepping back and breaking through the neckline (blue dotted line), then consolidating and waiting for a breakthrough to rise, and we also use Fibonacci expansion to capture (Green arrow) Use the right foot of the second W bottom (point A) to grab the high point that breaks through the neckline (point B). Assuming that the current consolidation low is at (point C), you will actually find that it is very similar to the inertia of the past. , if we really want to go through the past script, the target price can capture the Fibonacci extension (1.786) on the right at a price of about $3.65, but the main premise is that it has not fallen to a new low.

No need to guess, if the price can not fall to a new low and the price can break through the second point (B point), then I think it is very likely that the past script will be followed. If not, we will re-plan.

$ADA

[The most noteworthy potential altcoins in 2024-2026 (Web3)]

Since its birth in 2009, the cryptocurrency market has experienced rapid development and prosperity. With the continuous innovation and application of blockchain technology, there are more and more types of cryptocurrencies. In addition to mainstream currencies such as Bitcoin (BTC) and Ethereum (ETH), there are also many potential altcoins (Altcoins). ) is on the rise.

The years 2024-2026 will be an important period for the development of the cryptocurrency market. During this period, the application scenarios of cryptocurrency will become more widespread and the adoption rate will further increase. At the same time, with the gradual improvement of supervision and rational participation of investors, the cryptocurrency market will also usher in a more healthy and orderly development environment.

Filecoin (FIL):

Decentralized storage protocol aims to provide users with safe, reliable and low-cost data storage services.

Introduction: Filecoin uses blockchain technology to build a decentralized storage network. Users can store data into the Filecoin network and receive token rewards. Filecoin has high storage efficiency and security and can meet the storage needs of different users. As Web3 applications gain popularity, demand for Filecoin will grow significantly.

Livepeer (LPT):

A decentralized video streaming protocol designed to provide low-cost, high-quality infrastructure for video streaming.

Introduction: Livepeer uses blockchain technology to decentralize the transcoding and distribution process of video streaming, which can provide users with a better viewing experience. Livepeer has already cooperated with well-known platforms such as Twitch and YouTube, and its future development prospects are bright.

Audius (AUDIO):

A decentralized music streaming platform that aims to provide a fair, transparent and open platform for musicians and listeners.

Introduction: Audius returns ownership and revenue from music to musicians and allows listeners to pay musicians directly. Audius has attracted many well-known musicians and is expected to become a mainstream music streaming platform in the future.

$LPT $AUDIO $FIL

[The most noteworthy potential altcoins from 2024 to 2026]

Since its birth in 2009, the cryptocurrency market has experienced rapid development and prosperity. With the continuous innovation and application of blockchain technology, there are more and more types of cryptocurrencies. In addition to mainstream currencies such as Bitcoin (BTC) and Ethereum (ETH), there are also many potential altcoins (Altcoins). ) is on the rise.

The years 2024-2026 will be an important period for the development of the cryptocurrency market. During this period, the application scenarios of cryptocurrency will become more widespread and the adoption rate will further increase. At the same time, with the gradual improvement of supervision and rational participation of investors, the cryptocurrency market will also usher in a more healthy and orderly development environment.

NEAR Protocol (NEAR):

A high-performance Layer 1 blockchain designed to provide developers with a friendly development environment.

Introduction: NEAR has the advantages of strong scalability, fast transaction speed, and low fees, making it very suitable for developing decentralized applications. The platform has attracted many high-quality projects and its future development is worth looking forward to.

Cosmos (ATOM):

A multi-chain interoperability platform designed to connect different blockchains and realize value transfer.

Introduction: Cosmos solves the pain points of difficult interoperability between different blockchains and provides infrastructure for the development of the blockchain ecosystem. The platform has already attracted the participation of many well-known developers and institutions, and has huge potential for future development.

Algorand (ALGO):

Efficient and scalable blockchain designed to provide usable blockchain solutions for enterprises and institutions.

Introduction: Algorand has the advantages of fast speed, low cost, and high security, making it very suitable for developing enterprise-level blockchain applications. The platform has already cooperated with many well-known companies and has broad prospects for future development.

$NEAR $ALGO $ATOM

[The most noteworthy potential altcoins in 2024-2026 (Metaverse)]

Since its birth in 2009, the cryptocurrency market has experienced rapid development and prosperity. With the continuous innovation and application of blockchain technology, there are more and more types of cryptocurrencies. In addition to mainstream currencies such as Bitcoin (BTC) and Ethereum (ETH), there are also many potential altcoins (Altcoins). ) is on the rise.

The years 2024-2026 will be an important period for the development of the cryptocurrency market. During this period, the application scenarios of cryptocurrency will become more widespread and the adoption rate will further increase. At the same time, with the gradual improvement of supervision and rational participation of investors, the cryptocurrency market will also usher in a more healthy and orderly development environment.

Decentraland (MANA):

An Ethereum-based virtual world where users can buy land, build buildings and socialize.

Introduction: Decentraland is currently one of the most popular metaverse projects, with a large user base and rich application scenarios. The platform has attracted many well-known companies and institutions and is expected to develop into a prosperous virtual economy in the future.

The Sandbox (SAND):

An Ethereum-based virtual world where users can buy land, build games and socialize.

Introduction: The Sandbox is another popular Metaverse project with a number of high-profile IP partners. The platform provides users with a wide range of creative and gaming experiences and has huge potential for future development.

Flow(FLOW):

A purpose-built Layer 1 blockchain designed for blockchain games and applications.

Introduction: Flow has the advantages of high performance, scalability, and ease of use, making it ideal for developing complex Metaverse applications. The platform has already partnered with well-known projects such as NBA Top Shot and has bright future prospects.

$MANA $SAND $FLOW

[The most noteworthy potential altcoins (DeFi) in 2024-2026]

Since its birth in 2009, the cryptocurrency market has experienced rapid development and prosperity. With the continuous innovation and application of blockchain technology, there are more and more types of cryptocurrencies. In addition to mainstream currencies such as Bitcoin (BTC) and Ethereum (ETH), there are also many potential altcoins (Altcoins). ) is on the rise.

The years 2024-2026 will be an important period for the development of the cryptocurrency market. During this period, the application scenarios of cryptocurrency will become more widespread and the adoption rate will further increase. At the same time, with the gradual improvement of supervision and rational participation of investors, the cryptocurrency market will also usher in a more healthy and orderly development environment.

Immutable X (IMX):

Decentralized NFT exchange, focusing on games and entertainment. It has cooperated with well-known brands such as GameStop and GME.

Introduction: IMX aims to provide gamers and creators with a fair, transparent and efficient NFT trading platform. The platform uses unique Layer 2 technology to enable zero gas fee NFT transactions and has higher scalability. IMX has already cooperated with well-known brands such as GameStop and GME, and has huge potential for future development.

dYdX (DYDX):

A decentralized derivatives exchange that provides a variety of trading products such as leverage trading and perpetual contracts.

Introduction: dYdX is currently the largest decentralized derivatives exchange with excellent liquidity and security. The platform uses self-developed Layer 2 technology, which can provide leverage trading of up to 50 times and supports a variety of mainstream cryptocurrencies. dYdX will launch more innovative financial products in the future, which is worthy of attention.

Aave (AAVE):

A decentralized lending platform that allows users to deposit crypto assets to earn interest, or lend crypto assets to earn interest.

Introduction: Aave is a leading decentralized lending platform with a large user base and rich lending products. The platform supports lending and borrowing across multiple cryptocurrency assets and offers flexible interest rates and repayment options. Aave will continue to expand its business scope and launch more innovative features in the future.

$IMX $DYDX $AAVE

ORDI (ORDI) & daily level trend analysis!

Ordinals is a special service that provides Bitcoin users with a protocol to add additional data to their Satoshis and create NFTs using Bitcoin-backed collections.

Through the ORDI protocol, users can write additional data (such as text, images, sounds, videos, etc.) into satoshi, the smallest unit of Bitcoin. This provides users with a unique opportunity to create collections and NFTs. The protocol allows everyone to add text and data to Bitcoin, and this additional flexibility has the potential to increase Bitcoin’s market share.

Ordinals (ORDI) is also a meme coin related to the Bitcoin Ordinals protocol. The meme coin was listed on Binance shortly after its launch, attracting the attention of a large number of investors. At the same time, the emergence of ORDI currency also drove the collective rise of BRC-20 concept coins.

[Technical indicator analysis]

RSI: RSI is an indicator that measures how overbought and oversold an asset is. RSI values ​​above 70 are generally considered overbought, and RSI values ​​below 30 are generally considered oversold. As can be seen from the figure, the current RSI value of ORDI coin is 87.19, which is higher than 70, indicating that ORDI coin is currently in an overbought state.

DIF: DIF is the difference between the DIF line and the DEA line. A DIF value greater than 0 is generally considered long, and a DIF value less than 0 is generally considered short. As can be seen from the figure, the current DIF value of ORDI currency is 4.26, which is greater than 0, indicating that ORDI currency is currently in a long position.

Vol: Vol is a trading volume indicator. The larger the trading volume, the more active the market activity is. As can be seen from the figure, the current trading volume of ORDI coin is US$2,299,415.08, which is relatively active.

MACD: MACD is a momentum indicator. A MACD value greater than 0 is generally considered long, and a MACD value less than 0 is generally considered short. As can be seen from the figure, the current MACD value of ORDI currency is 2.14, which is greater than 0, indicating that ORDI currency is currently in a long position.

【Comprehensive analysis】

According to the above analysis, the current trend of ORDI currency is short, but technical indicators show mixed signs of long and short.

【Operation suggestions】

Based on the above analysis, I believe that ORDI currency may experience a correction in the short term. It is recommended to go short, the reference entry price is 64.80 US dollars, and the stop loss price is 66.$7.

$ORDI