币安LaunchpoolSXT

Good morning☕☕☕！

After Ethereum fell below 1750 yesterday, it rose to 1850. Bitcoin dropped to around 93300 yesterday but strongly rebounded to 97700 before retreating.

🚀Trading suggestion: Go long near 1820 for Ethereum, with 1850 being the first daily resistance level, look for long positions on pullbacks.

Focus for the day: $BTC $ETH $XRP

#美联储FOMC会议 #Strategy增持比特币 #币安LaunchpoolSXT

#交易故事 #币安LaunchpoolSXT
In the cryptocurrency market, one must understand that technical traders closely monitor candlestick charts and various technical indicators, analyzing price trends through MACD, Bollinger Bands, and more, in an attempt to capture trend reversal points and buy/sell signals; fundamental analysts focus on the technical strength, team background, application scenarios, and market demand of blockchain projects, firmly believing that high-quality projects will eventually stand out in long-term value. There is also a portion of investors who adhere to a diversified investment strategy, allocating funds across mainstream coins, promising altcoins, and stablecoins to hedge against risks; while aggressive speculators are keen on chasing hot trends, seeking short-term profits from the volatility of popular concept coins, but they also face significant loss risks. Different trading methods and insights together outline the complex and ever-changing trading ecosystem of the cryptocurrency market.

BTC Market Tracking: The current market shows that short contract liquidations are dominant.

Investors who chased shorts last night have likely encountered stop losses.

The significant price surge began at 5:30 AM, initially driven by the futures market, with the spot market showing only slight follow-up after 6 AM, and trading volume is limited.

As a trader with a short position, I maintain a bearish outlook.

Today's trend needs to pay close attention to changes in market sentiment; if an effective boost cannot be formed, prices are expected to continue the downward trend. Additionally, Powell's speech and the interest rate decision this evening will be key events worth closely monitoring.
#币安LaunchpoolSXT #Strategy增持比特币

Can BTC continue to rise? What are the resistance and support levels?

Currently very conflicted at $BTC , with both bulls and bears fighting fiercely around $97,000. From the data over the past 6 months, $97,500 and $98,900 are two major resistance levels, holding 309,000 and 198,000 BTC respectively. To break through, it relies on large capital and FOMO emotions to drive it. If it breaks $98,900, the resistance will be somewhat smaller, and $101,100-$105,000 is relatively easier to breach.

On the downside, there are 364,000 BTC stacked between $93,700-$94,700, which is a solid support level, and the average cost for short-term holders is also around $93,500. If it falls below $93,500, it could trigger a selling wave, with the next strong support at $83,000.

Currently, market fluctuations mainly depend on capital flow and sentiment. The Federal Reserve's interest rate meeting and Powell's speech early Thursday morning are key.

A rate cut in May seems unlikely, but whether Powell's speech is dovish or hawkish will directly affect market trends.

#比特币预测 #美国众议院市场结构讨论草案 #币安LaunchpoolSXT

In the morning, $BTC made a strong push, and the bulls are in full force! The price currently has potential to rise further in the short term, possibly testing previous highs.

However, a one-sided surge can easily lead to a pullback, so it's advisable to stay calm.

If the price spikes to around 98000, you can try a small short position, targeting the 93500 pullback point.

If it's not time yet, just wait, keep a close eye on the market and don't rush!

#美国众议院市场结构讨论草案 #币安LaunchpoolSXT

The MACD turning point of Bitcoin's daily chart has shifted upwards, yet the trading volume has not shown significant changes. Ethereum remains pressured below $1850. From the current shape and indicators, the market presents a volatile trend, with both bulls and bears still battling within the range.

In the morning session, influenced by news of China-US trade negotiations, the market experienced an upward surge. At this time, it's worth recalling the age-old trading mantra: sell when there’s a big rise in the morning.

It is expected that the market will experience a shift when Federal Reserve Chairman Powell speaks.

However, the possibility of an interest rate cut in May is very low, putting pressure on Trump’s side.

If there are no unexpected changes, it will also be difficult to cut rates in June, which may put Trump in an unfavorable position in related matters.

#币安LaunchpoolSXT #Strategy增持比特币

Binance new project, everyone predict when the circulating market value will break 20 million #币安LaunchpoolSXT $BNB

Outlook for the new week: tariffs will continue, the U.S. and global real economies have been affected, and progress on reaching an agreement on tariffs is slow. The real economy will deteriorate in the next two months. This Wednesday, the Federal Reserve will release benchmark interest rate news. Bitcoin has been hovering at a high of 96,000 in the past week and has started to turn. U.S. stocks have risen for seven consecutive days and have reached an overbought state. All of this suggests that the market will experience a downward movement. Perhaps the high point of this rebound and its vicinity is the last opportunity to exit? Sharing my current situation, I have already exited 70% of my long position. The benefit of this approach is that if it continues to rise, I still have 30% to follow up, and if there is a significant drop, there will be a greater opportunity to enter; additionally, I am taking advantage of small fluctuations over three to five days to play with the market's ups and downs. As for day trading, there is no need to consider significant market drops or rises under any circumstances; the market trend is truly irrelevant. Everyone should adjust according to their own situation to find the most suitable mode for themselves. In the short term, Bitcoin will have a brief rebound in the next couple of days. If it reaches 96,000, this level will become a new watershed. We shall see; this time when Bitcoin broke below 95,800, I made a short position accordingly. I will take profits around 93,000. This is for everyone's reference: $BTC
#美联储FOMC会议
#美国众议院市场结构讨论草案
#币安LaunchpoolSXT

#Binance Wallet TGE, coming tomorrow @MYX_Finance
( $MYX )

Estimated rules will change, not just looking at points

⏰
Subscription time: May 6, 2025, 4 PM to 6 PM (UTC+8)

The big pancake has rebounded, those looking at 920 are a bit disappointed. The long positions have gained over 1000 points. There is some information tonight, be aware of the risks, the upper level of 952 is particularly important!

The current market looks quite interesting yet complicated.

From a technical perspective: I might start to rise soon.

From a macro perspective: I still want to do something, but I haven't figured out how.

Analysts say: It's either going up or down, or just moving sideways; avoid chasing highs while trying to minimize missed opportunities.

Retail investors say: I'm still not feeling great emotionally right now, I don't really want to talk, and I'm not very passionate.

Provided that no significant new black swan events occur, the crypto market may see a new phase of bull market opportunities, mainly depending on Bitcoin. Some altcoins under certain narratives may also experience decent upward trends, unless there is a fundamental change in market liquidity (mainly focused on expectations regarding Federal Reserve interest rate cuts) or policies (such as the advancement of legislation or policy introduction related to cryptocurrencies in the U.S.).
#币安LaunchpoolSXT

After a continuous decline of #币安LaunchpoolSXT , we suddenly welcomed a stretch, breaking the original structure. The short positions we arranged also suffered a small loss, but that's okay; this is the consequence of following the trend. After continuously shorting before, we have achieved considerable gains. Now that the market has changed, it's quite normal for a small pullback. It's just a minor profit retracement. Moving forward, we need to start reorganizing.

The daily chart of Bitcoin has turned bullish again, and currently, the bulls have a slight advantage. The price of the coin has stretched upwards and is hovering around 95000, also reaching the high point of the four-hour downtrend channel. This is a classic structure, and generally, we respond to changes by maintaining the status quo. We will continue to treat it as a downtrend channel. If the coin price breaks through the upper resistance and stabilizes, it will not be too late to go long.

Bitcoin short at 95500, watch 93500
Ethereum short at 1845, watch 1750

Trump strikes back against criticism, meme coins soar in value!

Recently, Trump pushed back against criticism of him and his family's involvement in cryptocurrency, planning to hold a dinner in Washington this month to host supporters of the Trump meme coin, TRUMP.

Senator Elizabeth Warren accused Trump's family of engaging in 'suspicious' cryptocurrency trading and called for an investigation into conflicts of interest. Nevertheless, Trump continues to strongly support the crypto industry, announcing the 'Crypto and AI Innovators Dinner', with an entry fee of up to $1.5 million, which quickly propelled the price of TRUMP coins to rise over 50%.

In a debate with NBC reporter Kristen Welker, Trump emphasized his commitment to cryptocurrency and rebutted the allegations of conflicts of interest. According to the project's website, about 80% of TRUMP coins are controlled by the Trump organization, and since January, approximately $325 million in transaction fees have flowed to insiders.

It is evident that Trump plays a crucial role in the development of the entire crypto space! The meme coins associated with Trump are extremely popular, especially the heroic dog Co nan on SOL, backed by Trump's powerful IP and active community. Recently, its market cap broke the $10M mark, and it has slightly corrected to around $6.3M, making it a great opportunity for entry and replenishment. The number of coin holders has exceeded 13.2K and continues to grow, showing great potential to become a dark horse in the bull market!

$SOL $SUI $BNB
#美联储FOMC会议 #美国众议院市场结构讨论草案 #币安LaunchpoolSXT #Strategy增持比特币 #比特币战略储备

$LAYER , as a ten-year veteran, is very clear about the twists and turns in the circle.
There's no need for so much nonsense; a high win rate is the way to go.
Don't be greedy, manage your positions well; even if each bet has the same amount and leverage,
according to our strategy, a win rate means daily profits are a common occurrence.
Old Qin never neglects his brothers.
When there's a good strategy, occasional fans in the square take priority over loyal fans.
But that's only occasionally.
Of course, it's still more important to focus on continuing research, analysis, and selecting good targets
to sustain output!
The next bet is ready!
#币安LaunchpoolSXT

The word 'refreshing'! From an overall market analysis,
the recent surge in the morning effectively repaired some of the recent declines.
Bitcoin's breakthrough of 95,500 further weakened the short selling force,
showing signs of a bullish recovery in technical formation.
This sudden price increase is mainly attributed to the push from fundamental factors,
with the release of news related to the China-U.S. tariff negotiations,
which injected strong momentum into the price upward.
On the technical side, the four-hour chart displays strong bullish signals,
with prices showing a divergent upward trend, indicating further upward space in the short term.
However, as the positive fundamental factors gradually get digested,
the upward momentum may weaken.
It is expected that after a brief period of consolidation,
the price is likely to attack again, testing the key resistance level above.
Bitcoin can be bought in the range of 96,000-96,500, targeting 98000.

Family, who understands!!!
This market is even worse than eating shit, it keeps falling and falling!
The current situation in the crypto world is simply the 'Leek Harvesting Machine PLUS version'😭
Bitcoin seems to be stuck with 502 glue, not moving an inch, while altcoins are directly starting a competition to see who can drop the most!!

Me opening the trading app: Is this number playing a disappearing act?? My account balance is dropping faster than my hair💸 The big shots in the group are still shouting 'buy the dip' while all I can think is 'if I buy the dip again, I’ll end up living under a bridge'!!

Now my daily routine:

During the day, I get so mad seeing the coin prices hit new lows that I can't even eat

At night, I stay up staring at the charts until I have dark circles worse than a panda
I really would appreciate it🙏

I beg the market to give us leeks a way to survive!!

#币安LaunchpoolSXT

$BTC #币安LaunchpoolSXT # Let's trade

Once again reversing, the bulls started to surge from 944 to 977 in the morning, with the market exceeding 3000 points. Currently, it is in a one-hour level correction. There are also news events tonight, so it is recommended to approach operations with caution.
In the short term, currently in a one-hour level correction, the correction cannot break below 954; otherwise, the bulls will continue to push.
On the Silk Road, first short then take action.
It is recommended to take a look around 970/300 and watch 965/955, exiting in batches.
(Subsequently buy near 953, target uncertain) #交易故事 #美联储FOMC会议 #美国众议院市场结构讨论草案 #币安LaunchpoolSXT $BTC $ETH

During the May Day period, BTC's fluctuations were limited. After initially surging to 98,000 points, it quickly retraced and is currently stabilizing near the key support level of 93,600. If it can break through 98,000 on a second attempt, it is expected to test the significant 100,000 mark, with another wave of momentum anticipated before mid-month.

ETH failed to effectively catch up, peaking at 1,880 before retreating, underperforming compared to BTC. The current support to watch is in the 1,760-1,800 range; if it stabilizes, there may be a chance to counterattack the resistance zone of 1,960-2,000.

Key focus for BTC is the breakthrough situation between 98,000-100,000, while for ETH, observe the strength of support at 1,760. After a retracement, there may be another opportunity for a surge. $BTC $ETH #币安LaunchpoolSXT