Daily Level: After a previous high of 253, there has been a continuous decline. The current price is clearly under pressure below the long-term moving averages MA144 and MA169, and the bearish trend has not yet reversed; the MACD green bars continue, confirming the dominance of bearish momentum. The current intraday high and low are 161 and 150, with key short-term support focusing on 150. If this level is broken, further declines may occur. #solana $ETH #美国结束政府停摆 Operation Suggestions SOL can be positioned in short positions in the 157-160 range, with an initial target at 150, followed by 143; if this level breaks, further declines should be anticipated.
The rebound is still the rhythm of the market, don't be blinded by its temporary rise. We still enter the market with a high position and set proper stop-losses, boldly looking down #BTC走势分析 #美国政府停摆 $BTC
Evening Thoughts on November 13 #美国结束政府停摆 #ETH走势分析 $ETH At the 12-hour level, the KDJ and MACD indicators show a bullish contraction, while the BOLL is overall in a narrowing downward phase. The main chart's MA for the three-day moving averages continues to decline in varying degrees, and the MA30 is also accelerating its downward trend. Overall, the day still looks to continue the main trend of a downward consolidation, and for short-term trades, one should take advantage of any rebounds to short accordingly.
11.13 Afternoon Thoughts #BTC走势分析 #美国结束政府停摆 $BTC On the daily chart of Bitcoin, the last two trading days have formed long upper shadow bearish candles, and the overall trend remains in a wide-range consolidation pattern. From the 4-hour chart, the candlestick pattern shows consecutive bullish movements, indicating a short-term rebound that weakens bearish momentum. However, there is a significant resistance at the 104000 round number, so do not chase the long positions; instead, consider shorting lightly near the resistance!
Short near 104300, targeting around 102000; if broken, look for 100800.
What should be avoided when reaching the target point accurately and exiting the position in a timely manner? Ultimately, it's just one word: greed. If you can't distinguish what to be greedy about and what not to be greedy about, then you are not far from a margin call. #ETH走势分析 #美国结束政府停摆
The U.S. government shutdown has ended and things are back to normal, give us a needle. The big pancake ether is just nice to eat 10,000 U. This week can be closed for business; trading is not just about trading, but also understanding why to enter at this position and why to exit. #BTC走势分析 #ETH走势分析 $BTC $ETH #美国政府停摆结束
The upward momentum has shown signs of fatigue. After the key support level was breached in the early hours, the short-term moving averages have all turned downwards, further clarifying the weak market pattern, with remaining short-term downward space. #ETH走势分析 #美国结束政府停摆 $ETH One can short near 3450-3500, targeting the area around 3350-3300.
The daily chart is weak, and the first attempt has failed. Good morning, brothers. The daily chart has seen two consecutive days of significant decline in volume, and we are currently in the middle of platform support. It's difficult to go up from this position, and going down is not easy either. Since the wave of correction that started on the 1006th has not yet ended, our main idea of shorting during the rebound does not need significant changes. High short thoughts during the rebound #BTC走势分析 #美国政府停摆 102500-103000 short, 103500 supplement short, 1005000, the second look at 99500
ETH gains 250 points, the short wave remains smooth. When the market is bullish, you need to be cautious, as the big players may be dumping the market #ETH走势分析 #美国政府停摆 $ETH
Firstly, the bull markets in 2017 and 2021 were both driven by Bitcoin halving combined with narrative breakout. 2017 was the year when Ethereum's smart contract ICO broke out, leading to a major bull market in the secondary market. 2021 was the year when on-chain DAPPs and DEFI broke out, leading to a major bull market in the secondary market. These two waves of bull markets lack on-chain ecosystems and institutional capital entry, so incremental funds can only flow into the secondary market; correspondingly, both of these waves of bull markets have been major bull markets in the secondary market. The current wave of bull market is due to the approval of ETFs and the entry of institutional capital, which mostly buys BTC, leading to a major bull market for Bitcoin. However, due to the flourishing of the on-chain DEFI ecosystem and the explosive popularity of on-chain memes, a lot of liquidity has been drained from the secondary market. Additionally, the secondary market lacks any phenomenal narratives, causing it to only peak briefly around March 2024 for altcoins before entering a prolonged phase of consolidation and decline. It is important to note that the duration of this altcoin consolidation is similar to past cycles, or in other words, altcoins reached their peak in this bull market ahead of time (around March 2024), which is a result of changes in the industry's structure (institutions, on-chain).
This wave of rise may still be a trap to lure in more buyers before a crash. Do not be deceived by the current upward trend; I still believe it will drop again. (Personal advice is for reference only) #美国政府停摆 $BTC $ETH #BTC走势分析 #ETH走势分析
The hourly chart of BTC shows bottom signals: after the price fell to the bottom of the range three times, it stabilized, and trading volume decreased during the decline (divergence of volume and price). Coupled with the narrowing of the Bollinger Bands and the KDJ turning up after being oversold, multiple signals indicate a possible short-term rebound. #美国结束政府停摆 #BTC走势分析 $BTC However, market trading activity is not high; tonight's operation suggestion is to 'sell high and buy low' to take advantage of range fluctuations, and avoid blindly chasing prices up or selling off.
Trading strategy: Short around 105300-105800, with a target initially at 104000, and further at 102000.