From the daily chart perspective, the price is below the moving average, and the auxiliary indicators are in a death cross. Under the previous continuous decline, the price broke down, and the current rebound lacks strength. The daily price is returning to the resistance at the moving average near the 107000 area;
Currently, the pattern is still in correction. Although bullish sentiment has somewhat warmed up, the overall price trend remains downward. Therefore, until the resistance level is broken, maintain a bearish outlook.
In trading, one must follow the trend and grasp better entry timing. It is essential to have the ability to independently judge the authenticity of market sentiment and not always be led into the emotional trading of chasing rises and falls.
Master the rhythm of the shift between long and short positions, be steady, patiently wait, strike when the timing is right, and firmly hold onto positions. Profit will surely be achieved #隐私币生态普涨 #币安合约实盘 #加密市场观察 #BNB创新高 #美国ADP数据超预期 $BTC $ETH $BNB
Bitcoin has fallen below the $100,000 mark, plummeting 6.2% in the last 24 hours, and even Ethereum has dropped over 10%. What's even scarier is the data from Coinglass: 342,000 people were liquidated! $1.3 billion evaporated, with 85% being bullish positions. A netizen shared a screenshot showing over 1.89 million positions cleared in just a few minutes; this bloodbath is too severe. This is not a random crash; it’s a combination of four fatal factors: The Federal Reserve pours cold water: the interest rate cut dream is shattered! Bitcoin has long been at the mercy of the Federal Reserve, which just cut rates last week. Everyone was hoping for more easing in December, but Powell directly said not to assume there will be more rate cuts, causing the probability of a December cut to drop from nearly 100% to 60%. The strengthening dollar + the U.S. government shutdown for 33 days has made it impossible to release economic data. Who dares to enter the market? Risk assets are being sold off first. Institutions fleeing overnight: $4.8 billion withdrawn! The market, which was originally supported by institutions, now sees giants cashing out. Bitcoin spot ETFs have seen $607 million flowing out in just a week, and since February this year, $4.8 billion has left! Top institutions like BlackRock and Fidelity are all withdrawing, and the premium on Bitcoin on Coinbase has turned negative; the institutions are voting with their feet. Technical indicators flash red: the death cross has arrived! Those in the know understand how deadly a death cross can be; the 50-day moving average has crossed below the 200-day moving average, with short-term downward pressure exceeding the long-term upward trend. Both $110,000 and the 200-day moving average have been breached; now it’s a matter of whether $100,000 can hold, which is a "line of faith" for many. If it breaks, it may trigger even crazier sell-offs. Hackers strike: $12 million stolen, shaking confidence! The Balancer protocol was suddenly hacked for $12 million, prompting multiple platforms to freeze accounts urgently. The entire cryptocurrency circle is in panic; everyone was already afraid of technical vulnerabilities, and at this moment, who wouldn’t rush to sell to avoid risks? Even MicroStrategy, a stock associated with Bitcoin faith, has fallen by 1.8%. Now the fear and greed index has dropped to the extreme fear zone, with some calling for a bull market turnaround while others fear a drop below $90,000. I sincerely advise everyone not to blindly bottom fish; this wave is a combination of multiple bearish factors. Wait for stability before making any moves! #加密市场回调 #巨鲸动向 #加密市场观察 #十月加密行情 #ETH巨鲸增持 $BTC $ETH $BNB
The price fluctuated little over the two days of the weekend, reaching a peak near 110000 and then experiencing a significant drop to a minimum of around 108900 before rebounding. After that, it touched the area around 109700 and faced resistance, pulling back. Currently, the overall continuity and strength are still lacking, remaining in a downward channel, with a too circuitous rhythm of turning back at every step, resulting in no breakout from a unilateral market for a long time. In the short term, breaking through the box will reveal the direction of the market ahead!
The key now is to pay attention to the rhythm of the pressure breakthrough. At present, a reversal has not yet formed, and the short-term position has not effectively broken; thus, it still revolves around range oscillation and adjustment. Attention needs to be paid to the breaking situation of the upper line at 110000. If it cannot effectively break, it will still be viewed as maintaining the range. In terms of operation, the focus should be on selling high and buying low!
On Saturday, Bitcoin Ethereum spot transaction feedback records, with a 90% win rate this week reaching the top, it's the season of harvest!
During this time, I believe that those who have been following Zhao Si have had good gains, completing the position doubling in real-time. My daily thoughts and strategies are publicly available online, and everyone can see the results. As of this week, the big coin has already captured a space of 5568 points!
The entire process is a live broadcast of tips and posts. To be honest, if you miss this opportunity, it is your own problem. Walk with the light, and you will surely shine.
Sometimes the direction is wrong, and effort naturally goes to waste. Retail investors cannot compete with market makers, the era of fighting alone is over. Why not invest under a teacher for a win-win collaboration? Each profession has its specialization, and every industry has its operational guidelines.
If you still insist on going your own way, you will surely become cannon fodder in this financial market. Many things will yield good results as long as you are willing to do them. All your dreams, we will forge ahead together. If you have regrets, seek help, and you will surely find a way to shore up! #PCE数据来袭 #加密市场回调 #巨鲸动向 #币安HODLer空投XPL #狗狗币ETF进展 $BTC $ETH $XRP
Bitcoin continued to show strong bearish sentiment in the early morning, with a minimum drop reaching the 108500 level. The range pattern that had been oscillating for several days was strongly broken, and there is inertia to continue breaking lower. In the short term, attention should be paid to changes in resistance within the range, and operations should follow the trend!
From the current trend, the four-hour level has consistently seen downward pressure on prices, and the short-term moving averages are gradually forming a bearish divergence pattern. The signs of weakening in the trend are obvious, and after the drop, there has not been much rebound action. The current trend is relatively weak. In the short term, focus on the continuation of the decline and the strength of the rebound to determine the layout of bearish expectations for the future!
Recently, the market sentiment has been hot, and the analyses in the past few days have all hit the mark, with the stone plate being publicly available online! The state is gradually improving!
Now, three small stools are provided. Seize the opportunity to layout together with Zhao Si and make a significant turn for the better! Those with execution ability are welcome to join, so we don't waste each other's time. #BNB创新高 #加密市场回调 #狗狗币ETF进展 #币安HODLer空投HEMI #币安HODLer空投XPL $BTC $ETH $XRP