XYDAO007
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XYDAO007
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毕盛—毕诸葛
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BearishCurrently, the end of the month is approaching, let's discuss the situation that may arise in the market!
First, from the perspective of the monthly chart, it is generally not favorable. It is highly likely that this cycle is coming to an end, with Bitcoin at $124,474 and Ethereum at $4,956 potentially becoming the final peaks. However, everything depends on how the monthly close looks!
Second, from the daily to weekly chart perspective, Bitcoin has fallen below $108,000 for the first time, marking a significant risk signal not seen in the past six months. However, there is also a short-term bottoming pattern. It all depends on how this week closes. If the weekly close is good, there may be a nice rebound in the next week or two, for example, rebounding to the $116,000 to $117,500 range. At this point, some quality altcoins that haven't yet had their chance could also get opportunities, similarly measured by the weekly candlestick, such as XRP, DOGE, ADA, BCH, SUI, etc. Analyzing this, doesn't it feel like there could still be a wave of residual opportunity in September/October, haha 😂,
Third, if in a couple of days neither the weekly nor monthly closes for Bitcoin are favorable and it breaks down further, be prepared to catch a rebound at $102,000/$100,000. The $100,000 level cannot be broken again; if it is, it would completely declare the end of the major market trend! We will fight again in the next major market!
The above is purely personal opinion and for reference only, not constituting investment advice #加密市场回调 $BTC $ETH
First, from the perspective of the monthly chart, it is generally not favorable. It is highly likely that this cycle is coming to an end, with Bitcoin at $124,474 and Ethereum at $4,956 potentially becoming the final peaks. However, everything depends on how the monthly close looks!
Second, from the daily to weekly chart perspective, Bitcoin has fallen below $108,000 for the first time, marking a significant risk signal not seen in the past six months. However, there is also a short-term bottoming pattern. It all depends on how this week closes. If the weekly close is good, there may be a nice rebound in the next week or two, for example, rebounding to the $116,000 to $117,500 range. At this point, some quality altcoins that haven't yet had their chance could also get opportunities, similarly measured by the weekly candlestick, such as XRP, DOGE, ADA, BCH, SUI, etc. Analyzing this, doesn't it feel like there could still be a wave of residual opportunity in September/October, haha 😂,
Third, if in a couple of days neither the weekly nor monthly closes for Bitcoin are favorable and it breaks down further, be prepared to catch a rebound at $102,000/$100,000. The $100,000 level cannot be broken again; if it is, it would completely declare the end of the major market trend! We will fight again in the next major market!
The above is purely personal opinion and for reference only, not constituting investment advice #加密市场回调 $BTC $ETH
888🤩
web3馬言
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Shocking Explosion!!! $BNB has been rising sharply recently, is a big move coming?
Why is this wave not simple? The reasons are as follows:
1. Historical patterns reappearing: Before BNB surged to $400 in 2021, there was also a moving average convergence + increased trading volume, and this time the pattern is replicated!
2. Project fundamentals are explosive: Binance Chain TVL breaks 15 billion, new public chains are launched, tokens are burned daily, effectively "mining"!
3. Major players are secretly accumulating: 792-794 has been sideways for three days, and the OBV indicator continues to rise, someone is quietly accumulating!
Personal strategy viewpoint
Aggressive approach: buy directly around 795, stop loss at 792, target at 805!
Conservative approach: wait for a breakout above 800 to chase, first target 820, second target 850!
If you want to delve deeply into the crypto world but can't find a clue, and want to quickly understand the information gap, click on the avatar to follow Teacher Ma Yan, and gain first-hand information and in-depth analysis! The first five to find me will share strategies for free with hands-on teaching #山寨季來了？ #Strategy增持比特币
Why is this wave not simple? The reasons are as follows:
1. Historical patterns reappearing: Before BNB surged to $400 in 2021, there was also a moving average convergence + increased trading volume, and this time the pattern is replicated!
2. Project fundamentals are explosive: Binance Chain TVL breaks 15 billion, new public chains are launched, tokens are burned daily, effectively "mining"!
3. Major players are secretly accumulating: 792-794 has been sideways for three days, and the OBV indicator continues to rise, someone is quietly accumulating!
Personal strategy viewpoint
Aggressive approach: buy directly around 795, stop loss at 792, target at 805!
Conservative approach: wait for a breakout above 800 to chase, first target 820, second target 850!
If you want to delve deeply into the crypto world but can't find a clue, and want to quickly understand the information gap, click on the avatar to follow Teacher Ma Yan, and gain first-hand information and in-depth analysis! The first five to find me will share strategies for free with hands-on teaching #山寨季來了？ #Strategy增持比特币
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