Today, BTC rebounded above 106k, approaching 107k, with the crypto market rebounding overall. Many were worried that the market would repeat the historical crash on 519. In yesterday's article (Will there be a crash on 519? Bitcoin plummeted 5000 points, crashing to 100k? Ethereum at 2100? Sun and Trump conspiring? Altcoins are about to revive!), I had already provided an analysis, and the big market has arrived as expected:
Bitcoin made a big profit; will it hit a new high?
I opened a long position at 102111.0 yesterday and took profit at 104504. Although the rise from 104500 to 106800 wasn't delayed, the profit from this part is still substantial now.
Bitcoin maintains a relay trend, repeatedly finding support around 101500-102000, which becomes a point for trying to enter long positions. There was a false breakout at the upper track, luring in bulls before pulling back to the lower track support; after accumulation, it may officially break through.
After the rapid drop yesterday, it quickly bounced back, showing that there is significant capital protecting the lower side, preventing the price from dropping below 100,000 USD, completely not giving others a chance to get on. Recently, Bitcoin is expected to hit a new high; if it pulls back to 102,000 USD or the range of 97,800-100,000 USD, it could provide a good opportunity for long positions.
Is Ethereum bullish at 4000 USD?
Ethereum returns to the 2550 range; today's increase is driven by positive news from the stablecoin bill. Although it dropped to 2310 the day before, triggering bearish sentiment, I believe Ethereum is unlikely to drop deeply again (especially now with positive news).
Reasons are as follows: 1. The amount of coins stored on exchanges has hit a ten-year low of 4.9%, showing that funds are flowing to cold wallets, which is a buy signal; 2. The Ethereum chain's ecological coins are strong, including FXS, AAVE, ETHF, IEIGRN; 3. Institutions are optimistic, with BlackRock purchasing 5,490 ETH (about 13.1 million USD). Therefore, I'm bullish on Ethereum to 4000 USD.
Yesterday, altcoins hit the bottom, signaling entry; a big explosion is imminent, and opportunities to get on are scarce.
AAVE
Yesterday I suggested entering at 215, today it has risen to 267, with a profit of 544%. MACD golden cross is expanding, bulls are accelerating, AAVE's main rise is not over; short-term adjustments are opportunities, with a target of 270-285.
collat
After three months of consolidation, it’s fierce. With this kind of consolidation, those who can hold are all diamond hands. From Hippo to VIRtual to Griffain, all can take positions. I was late last night, but there was an opportunity to get on in the morning; I set an alarm and added a bit to my position this morning.
PROMPT
Lucky to catch a short position, successfully recovered from the lowest point. Missed the high point due to a game, profit halved. Altcoins performed well; profits far exceeded Bitcoin. The first order had a half position stop loss at 0.244, then doubled the position with a stop loss set at 0.255 to reduce loss risk; it won't hurt that much.
The market has rebounded, and altcoins will perform strongly. Early movers enjoy the entire profit. The opportunity to pick up money yesterday has passed; today you need to queue to enter. A big explosion is approaching; if you miss it, you'll have to buy at a high price. The market doesn't wait for anyone; the mark of a main rise is not good news, but 'only after it has gone up will people believe it.' After tonight, you will understand what it means: altcoin explosion, leaving no one behind!
On-chain
$RATO: Little Mouse, under pressure from the downward trend line; after breaking through, a right-side trend is needed to stabilize above 44.
$titcoin: If it doesn't drop below 30m as originally expected, there will be another 5-5 increase later.
$nobody: 10 times at the bottom, not looking at high positions; if you have bought, it's best to take profit; the end triangle chooses the direction.
$moodengeth: Ethereum Hippo is relatively strong in today's market. Look at the closing situation at 8 AM; a large bullish close indicates strength.
$THERANOS: More people are calling for it in these two days. The daily close at 7m+ determines strength; the narrative is good and not finished yet.
$USELESS: It looks like a low-volume wash; if the closing line doesn't drop below 18m, there is an opportunity; breaking through the downward trend line opens up a rebound.
$B: usd1 trading pair; there may be opportunities next month, short-term around 40m is about right, kta base is a divine plate, h4 short-term around 1.1 is about right; 1b is excessive.
