Trump's bloodbath in the crypto circle! Will Bitcoin be crushed this weekend? Ethereum falls? How to operate the next wave of altcoins? OG, PORTAL, REI, MASK soar! This concept is exploding!
The U.S. is now trying various methods to collect taxes for the tax reduction plan. Keep struggling; the more they struggle, the better it is for crypto.
Last night, Bitcoin and Ethereum were in a downward trend until this morning. Over 24 hours, Bitcoin fell by 1% and Ethereum fell by 5.4%. Altcoins also followed the pullback, so many people might feel a bit anxious when they wake up and see their accounts, wondering if this wave of the market is coming to an end.
Don't panic; first, let me analyze the market situation for everyone:
Bitcoin (BTC)
In the recent weeks' trend of BTC, it has been rising along the EMA20-30. As long as it does not break the moving average, it is considered bullish. However, technical analysis is not absolute; even if it breaks down, it may still rebound. It can also break below the moving average to stop-loss and continue buying once it recovers. It is advisable to pay attention to the important positions around 100910-10220. From the perspective of main player accumulation, as long as the main players have not exited, one can continue to hold for future gains.
Last night, Bitcoin and Ethereum were in a downward trend until this morning. Over 24 hours, Bitcoin fell by 1% and Ethereum fell by 5.4%. Altcoins also followed the pullback, so many people might feel a bit anxious when they wake up and see their accounts, wondering if this wave of the market is coming to an end.
Don't panic; first, let me analyze the market situation for everyone:
Bitcoin (BTC)
In the recent weeks' trend of BTC, it has been rising along the EMA20-30. As long as it does not break the moving average, it is considered bullish. However, technical analysis is not absolute; even if it breaks down, it may still rebound. It can also break below the moving average to stop-loss and continue buying once it recovers. It is advisable to pay attention to the important positions around 100910-10220. From the perspective of main player accumulation, as long as the main players have not exited, one can continue to hold for future gains.
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