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Current market analysis: There is still uncertainty in the short-term trend of Bitcoin.
Thank you for your attention, likes, reposts and support - invite you to participate in this red envelope event
Here are some key points:
• Support and resistance:
After Bitcoin fell below the key support of $100,000, the price rebounded to around $102,700, but then fell again. The $96,100-94,550 area is a strong support for the previous rising market. In addition, this area is also the previous support and resistance area, so a certain rebound may form in this area.
• Rebound potential:
Although Bitcoin may be supported around $94,000-94,500 in the short term, the figure shows: price channel line.
And there may be a rebound, but the overall rebound space is limited. If the market can stabilize in this area, short-term investors can consider light positions to test long orders. If $94,000 is not supported, it is necessary to see 91,700. Open an order to make a stop loss and take profit.
• Mid-term strategy: From a mid-term perspective, it is recommended that investors wait for the market to reach a new low or repeatedly test and stabilize before considering entering the market. At present, there is no obvious rebound signal in the market, and the large-scale trend is still biased downward. For details, please see the picture prompt
• Market sentiment and technical indicators: Market sentiment is still relatively cautious, and investors have different opinions on the future trend of Bitcoin. Technically, Bitcoin needs to form a double bottom in the $93,300-91,700 area to confirm the stabilization of the market.
In summary, Bitcoin may get support near $94,000-94,500 in the short term and try to rebound, but the overall market trend is still biased downward. Investors are advised to operate cautiously and wait for clearer market signals before making decisions.
Risk warning: The above content belongs to personal notes and does not constitute investment advice! #加密市场回调 $BTC {future}(BTCUSDT)
Is the bull still around? Can we position ourselves during the pullback?
Thank you for your attention, likes, shares, and support - you are invited to participate in this red envelope activity. BTC (Bitcoin) - Market performance**: The price of Bitcoin has gradually returned to relative calm after experiencing significant fluctuations earlier, with the range of fluctuations noticeably narrowing. However, the current short-term selling pressure on Bitcoin still exists, such as the Bitcoin compensation to customers from the Mt. Gox exchange, which may have nearly fully arrived, and the U.S. government also releasing about 10,000 Bitcoins. These factors may pose selling pressure in the short term. ETH (Ethereum) - Market performance**: The price of Ethereum failed to maintain its upward momentum after challenging the resistance zone of $3,750, retreating from that range, forming a local high of $3,744 before starting to decline. The current price has broken below the support levels of $3,330 and $3,300, further descending to around $3,225-$3,110.
January 9: Cautious investment strategy under the US stock market holiday ~ Analysis of long and short operations
Investment analysis on January 9, 2025: Move forward cautiously and grasp the market rhythm Thank you for your attention, likes, reposts and support - invite you to participate in this red envelope event
1. Overview of Market Status On January 9, 2025, the U.S. stock market was closed to commemorate former President Carter, which affected the overall activity of the market. Under such circumstances, it is difficult for the market to rebound sharply. The hourly market structure still maintains a short trend, and the short side is dominant. From a technical perspective, Bitcoin (BTC) has not formed a clear structure at present, and the market presents a relatively chaotic state of shock, which may continue for some time. Investors should not be blindly optimistic and expect the emergence of lower positions such as 87,200 and 75,000. The market situation does not support such optimistic expectations.
To be honest, Uni is still very reliable. Every round of rise, it won't be missed. After all, it's the leader in dex. If you need to get in, get in. Being stuck means the profit is about to start. I can't speak for other coins, but Uni is still quite good. This wave should easily double. $UNI #非农数据大幅超出预期
$HIVE is a decentralized blockchain platform launched in March 2020 as a hard fork of the Steem blockchain. It operates on a delegated proof-of-stake (DPoS) consensus mechanism, emphasizing fast, feeless transactions and scalability. The platform supports a variety of decentralized applications (dApps), including social media, gaming, and content creation platform's {spot}(HIVEUSDT) Hive utilizes a dual-token system: • HIVE: The native cryptocurrency, functioning both as a liquid currency and, when staked as Hive Power (HP), playing a crucial role in governance and resource allocation. • Hive Backed Dollar (HBD): A stable coin pegged to the US dollar, designed to provide stability for transactions within the Hive ecosystem.
As of January 11, 2025, HIVE’s market performance is as follows:
In the past 24 hours, HIVE price ranged between $0.4617 and $0.6293.
Investing in HIVE carries certain risks: • Market Volatility: Cryptocurrencies are known for significant price fluctuations, which can lead to substantial gains or losses. • Regulatory Risks: Changes in government policies or regulations can impact the legality and value of cryptocurrencies. • Technological Risks: As a blockchain platform, Hive may face challenges related to technological advancements, security vulnerabilities, or competition from other platforms.
To manage these risks: • Diversify Investments: Avoid allocating all funds into a single asset; consider a diversified portfolio to mitigate potential losses. • Stay Informed: Keep abreast of developments in the cryptocurrency market and regulatory environment. • Set Clear Investment Goals: Define your investment horizon and risk tolerance to make informed decisions. • Use Stop-Loss Orders: Implement stop-loss mechanisms to limit potential losses in case of adverse price movements.
Always conduct thorough research and consider consulting with a financial advisor before making investment decisions in the cryptocurrency market. #ShareYourTrade #Hive
1️⃣What is the trend of the market next❓ Bullish or bearish? 2️⃣In light of the current market, how to operate to achieve a higher win rate?
On these two topics, at 8 PM tonight! We have specially invited several experienced teachers to guest in my Binance Square live room to share comprehensively! Packed with valuable insights! Learning is earning! We sincerely invite you to arrange time to participate!
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$BTC The holding line rises at a 60-degree angle and increases in volume. The time-sharing line finally jumps. Buy 1. The K-line has a small negative and positive trend in recent days 2. The holdings are reduced slightly every day 3. The trading volume is not large in recent days Principles in trading Strict entry and loose exit: Be firm when entering the market, do not enter the market when you are hesitant, close the position and leave the market when you have doubts, regard every pause as a head, exit the market with profit first, and enter the market again when you understand it. Entering and exiting the market should be completely based on system signals, and be executed unswervingly. Keep records: price, time, potential income, risk, success rate, actual profit and loss: Summary in time: Don't think you are smarter than the system. Don't be afraid, don't be greedy, don't be quick to make money, don't be smart, don't copy the bottom, don't touch the top Be willing to win, willing to lose, and good at losing. #BIGTIME.智能策略库🥇🥇
Yesterday's orders were canceled. Normally, there is not much fluctuation on weekends. Friends, feel free to play and manage your risk well. Dayu will take two days off this week to spend time with family. I also wish everyone a pleasant weekend 🙏$BTC
In 10 days, the trend of crypto market may be clear
In the next 10 days, the trend of cryptocurrency market may usher in a key turning point. Although the recent market sentiment remains sluggish and investor confidence is slightly weak, there are many signs that the crypto market is expected to usher in a round of recovery in 2025.
Industry insiders revealed that the cryptocurrency industry is actively lobbying the US government to ask the Trump administration to issue an executive order within 100 days of taking office to establish a US Bitcoin reserve. The move aims to ensure that the crypto industry has access to banking services and plans to establish a dedicated cryptocurrency advisory committee.
On the other hand, the fundamentals of the crypto market remain strong. Despite the overall market downturn, the net outflow trend of centralized exchanges (CEX) continues. More and more investors choose to hold assets for the long term rather than panic selling due to short-term price fluctuations. These behaviors reflect that investors are positive about the long-term development of cryptocurrencies and expect the market to recover after a short-term adjustment.
In addition, the regulatory environment for altcoins is expected to improve in 2025. In 2025, altcoins will benefit from changes in the regulatory environment for cryptocurrencies, especially the SEC's possible relaxation of regulatory pressure on altcoins, which will provide a more relaxed policy environment for the launch of more crypto projects.
In summary, although the current market environment is relatively difficult, with the gradual implementation of policy support and the recovery of investor confidence, the cryptocurrency market in 2025 is expected to gradually recover and may usher in a new peak of development.
I am Shaohua, follow me and bring you more information and consultation in the cryptocurrency circle.
Binance's New Moves and the Rise of AI Narratives: A New Trend in the Market
Binance launches new cryptocurrencies and the shift in AI narratives Binance launches new cryptocurrencies Binance launched multiple new spot trading pairs on January 10, 2025, including PHA/USDC, PLN/USDC, STEEM/USDC, and USUAL/USDC. Among these newly launched cryptocurrencies, two are based on the BSC chain. Additionally, Binance announced that AIXBT, CGPT, and COOKIE will be launched on multiple platforms starting January 10, 2025, offering various trading and financial services. The rise of AI narratives In 2024, the cryptocurrency narrative presents a diverse and rapidly changing pattern, with Meme coins and AI narratives emerging as the biggest winners. The AI narrative ranks second with a total attention of 15.67%, of which the overall AI narrative accounts for 12.58%. Although the popularity of AI still lags behind Meme coins, the market remains optimistic about the future development of AI technology.