ETH 走势疲软，昨晚 BTC 涨到 67000，ETH 才涨到 3580，所以勉强有 100 点的浮盈，在第二个支撑位 | the journey of chief trader发布于币安广场

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ETH 走势疲软，昨晚 BTC 涨到 67000，ETH 才涨到 3580，所以勉强有 100 点的浮盈，在第二个支撑位做多，早知道涨，在最高点做空。#BinanceTournament #zkSynk #Airdrops_free 

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After hitting $3500, ETH has been oscillating in a wide range between 3350 and 3500. Bitcoin has also been oscillating in a narrow range between 63400 and 65400‼ This market movement should be called the oscillating trend after a surge, so we are more cautious in opening a psoition, and this market is not suitable for frequently opening positions. However, you can go short at high price and go long at low price in this oscillation range from 3358 to 3520. So, just hold the positions if the price is broken through. Since the current wide range of oscillation will remain for a long time, there will be a new downward trend according to technical indicators. The market has not broken through the key support level, so I think that you can take profit for half to prevent from suffering a loss if there is a rising market and the remaining position is used to wait for the market to break through the support level and continue to fall after shorting at a high price.This is a better way to make a stable profit in this market trend.For example, going short near 3460 that I told you yesterday, and then ETH fell to 3360, so we made a profit of 100 points.#ETH_ETF_Approval_23July #CPI_DATA

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The current market is quite indecisive‼ I told you that you can try to oenter the market with short positions at 3460 and then ETH fell to the lowest point near 3360, which generated about 100 points of floating profit. The market has tested the support level of 3340 to 3360 for many times, and the following market trend remains unclear. If the price falls below the support level of 3348 to 3360, it is estimated that there will be a plunge. If it cannot fall below the support level, it is estimated that it will surge today. Therefore, as I said before, we can take advantage of this resisitance level to go short or use the support level to go long. I am not sure that what will the following market trend be like, but you can make a try as long as you put a stop-loss when open a trading.#BinanceHODLerBANANA #ETH_ETF_Approval_23July

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Important strategy update‼️ Must read for those with more than one million funds‼️ Short positions are porofitable now‼️ Then many fans with millions of funds entered the market and asked me a question. They intend to buy Bitcoin at the bottom with overweight positions, but they don’t know if the price is suitable for bottom fishing now? They are afraid that the price will fall and they will get stuck in the market when they purchase at the bottom. They also concerned that if they don’t buy at the bottom, what if the price goes upward to $80,000 and miss the bullish market‼ I give a suggestion. Take the purchase of 10 Bitcoins as an example. If you are afraid of missing the major bull market, you can buy 2 Bitcoins near the price of $63,000, and then go long with 4x leverage by taking bitcoin as the currency standard. If the market remians bearish, you can place an pending order from 56,000 to 48,000 to buy the remaining 8 bitcoins, so that your contract trading will never be liquidated. If there is a bull market retracement, you will get double profits in spot and ontract trading. If the price surges from 63,000 to 80,000 without falling back to 52,000, then the two bitcoins with 4x leverage in contract trading are equivalent to the 8 bitcoins you bought in the spot market, and you will not miss the market‼#BinanceHODLerBANANA #AltcoinStars #btcupdates2024

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There will be a plunge showing a pin bar pattern which will liquidate the bulls after Bitcoin and Ethereum falls below 64,000 and 3,400 respectively. On daliy chart for Bitcoin and Ethereum, you can see that there are five bull candilsticks in a row, but Bitcoin hit a new high of 66,200 subsequently. ETH started to move very weakly. After Bitcoin hit a new high, the price of Ethereum was slightly flat with the previous high of 3,512, so it means that ETH did not really reach a new high, which was quite abnormal and it is likely that the buy orders below 3512 are insufficient‼ Please pay attention to this fallback from 3,500 to 3,410. ETH may plunge from 3,410 after retail investors chase the high on the upswing.#Election2024 #altcoins binance

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Analysis of the market in the morning of July 18 BTC falls back after hitting $66,000, so does it mean that the beginning of a correction trend⁉ Can it give us the opportunity to enter the market with long position? This wave of rally really caught many people off guard. From my perspective, I expected Ethereum to rebound from 2,800 to 3,400, but I didn’t expect this rebound to come so suddenly. In fact, the main reason is that many people didn’t pay attention to the time nodes. Since I took profit for short order at the lowest point on July 5, I have said that the market is experiencing a wide-range oscilliation, and then when this surge began, the entire market has been experienced a wide-range oscilliation for more than 10 days. Now, as I said, the overall market of Ethereum has faced the downward pressure. There are many sell orders above 3500 since the last plunge happened after the market lured more investors to go long at 3600. There is also a pullback after ETH rebounded to 3500. It is recommended to try to follow the trend to open tradings. 1.Go long on ETH at the first support level from 3258 to 3218. 2. Go long on ETH at the second support level from 3168 to 3068. 3. Short orders with a stop-loss have higher risks‼ At the same time, put a stop-loss for short orders placed from 3530 to 3565. #altcoins binance #ElectionCampaign

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