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Is Dogecoin (DOGE) price ready for a surge?
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Many bloggers have been talking about how the current market is only experiencing a rebound, not a reversal. Their understanding of a "reversal" is a rise in price that continues to pump above 10,000 without falling. However, I believe this understanding of a reversal is narrow or even incorrect. In my opinion, every time BTC tests support around 90,000 and rebounds to 96,000 to 97,000 and stabilizes at the 95,000 midpoint, breaking through 97,200 to 97,700 is a reversal. This is because breaking through here will immediately reach the 98,200 to 98,800 range, and once 98,200 is reached, it will rise to 100,000 and beyond. After a fall, it will continue to rise because Trump's inauguration was certified by Congress today and he will officially take office on January 20th. This is favorable information that is expected to arrive before January 20th rather than after, which means that it will be possible to sell at a high price once the favorable information arrives on January 20th. In the second half of the bull market, even the most bullish rise market does not exist as a pure one-sided rise. The higher the price, the larger the amount of funds needed to drive it. 100,000 is a significant level, and for retail investors in this round of halving, anything above 100,000 is already considered a high level in their psychological price range, and they are likely to sell when the price goes up. Selling will lead to a pullback, but the pullback for retail investors is usually small. The only ones causing significant fluctuations are the main players. The factors that cause the main players to sell are mainly based on information, with the most important factor being the monetary policy of the Federal Reserve, followed by external factors such as war and epidemics. Therefore, even without any information guiding it, the price cannot only rise without falling. Therefore, the reversal after the December 18th meeting cannot be understood as a one-sided rise, but should be understood as the end of the pullback and a shift from bearish to bullish!
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#BTC Let me explain my understanding of the current market conditions. 1. Why is Bitcoin in a bull market while altcoins are in a bear market? This is the unique characteristic of the 100,000 price BTC, because 100,000 is the expected value in everyone's heart, with strong resistance. The big cake between 90,000 and 110,000 belongs to the psychological area of 100,000 big cake. Approaching 100,000 is expected to pull back, so the big cake plummeted after exceeding 100,000. 2. When does the Copycat Season start? The current rate cut will not continue, but with the blessing of the old vodka, the altcoin season will either crash to 70,000 or pull above 110,000, breaking through the psychological resistance of 100,000, and the altcoins will have no worries, not afraid of the pullback of the main coin, and start the altcoin season. The price of 3 big pancakes this month This depends on Old Te. If any good news about the coin circle is announced on the 20th, it will break through 110,000 and there is a high probability of sideways movement waiting for the altcoin to catch up. If there is no mention of the coin circle or if there are difficulties in execution, then it is bearish. This cannot be determined. Overall, both the sharp drop and rise of Bitcoin are beneficial to altcoins. We will wait and see in January.
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BTC/ETH Market Analysis This weekend the highest shaking reached 98852, which is almost the same as our 98850. The longs are stronger. There was no deep squatting in the early hours of Sunday. A strong yang K-line was formed on Friday, and there was an up and down shaking on Saturday and Sunday. On Monday, wait patiently for the European and American forces to push more. In the morning, it is suitable to reduce the position by launching a second charge. For those who understand the form and know when to take profits and stop losses, they can take action on their own. Those who rely entirely on feelings and don't understand the form should not participate in Monday's early trading! BTC attention Support 96950/94500 No pressure ETH focus Support 3545/3486/3440 No pressure for the moment The first point of the above points are all short-term points, and the intraday ultra-short-term attention can be paid. At this moment, the trend of BTC/ETH is relatively strong, with less retracement. It is stable today, and the subsequent rise to 100,000 is basically nailed down! Today, you can pay special attention to the evening's volatility selection! According to the strategy, on weekends, reduce the position after a high opening, hold the bottom position firmly, as long as the tokens are not garbage, give opportunities (long-term opportunities), you can enter the spot market layout casually, as long as you maintain patience, there will definitely be a harvest this year!
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Unlock $15 Daily with Crypto on Binance 🗝 Introduction: If you're keen on making a daily profit of $15 with cryptocurrencies, this guide presents effective strategies suitable for both beginners and seasoned traders on Binance. Let's explore some tried-and-tested methods. 1. Staking and Earning Interest: - Secure your crypto and stable coins on Binance. - Lock in funds for a set period to effortlessly accrue interest. - Leverage Binance's staking options, which provide around 5% per year. 2. Engaging in Airdrops and Giveaways: - Participate in airdrops where companies distribute free crypto on Binance for various services or promotions. - Explore daily NFT and crypto giveaways on platforms like Binance Square Feed. - Consider NFT flipping, involving the buying and selling of NFTs for profit, particularly on platforms like Solana. 3. High-Risk, High-Reward Trading: - Explore coins with lower market caps for potentially higher returns. - Capitalize on moments of extreme fear in the market for strategic buying decisions. - Identify instances of extreme greed as opportunities to consider selling for profits. 📢 Remember, successful crypto trading requires careful consideration of risk and market conditions. Always conduct thorough research before making any investment decisions. 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. $BTC #Write2Earn
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