Market Update (10:00-12:00)
Greetings, traders! Here is a detailed summary of the current market situation:
It seems there is minimal selling pressure above current levels, but prices are not breaking out. Similarly, there is a lack of strong buying support below, but the market is not collapsing either. Liquidity on both spot and derivative markets is limited in this price range, creating an environment where operators seemingly manipulate the market themselves. This zone often acts as a trap for traders, designed to mislead and confuse. Do not give up, protect your capital, and be ready for a significant breakout.
Trading Guide for Beginners
For those new to trading or lacking a reliable strategy, it is critically important to avoid unnecessary risks:
Avoid buying recently listed tokens.
Avoid chasing price spikes or attempting to predict the bottom.
Steer clear of leveraged trades, including futures and contracts.
Instead, focus on understanding the fundamentals of trading and building a reliable system before taking real positions.
Market Outlook
Overall Market Overview
The market is currently in a phase of high volatility, with Ethereum and other key assets reflecting this trend. Price movements are characterized by low liquidity and increased false moves to mislead traders. Derivative markets, especially contracts, are currently unfavorable due to heightened risk and uncertainty. Focus on spot trading and monitor the first and second take-profit zones where opportunities may still exist.
Ethereum Analysis
On the 4-hour chart, Ethereum continues to test its daily support zones, signaling a struggle between buyers and sellers.
Selling pressure remains strong around $4,100 and $4,900, creating resistance levels.
Ethereum follows a high volatility structure, requiring traders to be cautious with their entries.
Altcoin Analysis
Many altcoins currently lack clear entry signals. Continue to monitor structural changes and wait for confirmation before taking any action.
Altcoins will present new opportunities when fresh market structures emerge.
Market Structures: Then and Now
Here’s how the market structure has changed compared to yesterday:
Weekly patterns: active patterns have significantly decreased from 120 to 65.
Monthly patterns: slightly increased, from 240 to 265, indicating greater stability.
Double patterns (weekly + monthly): a sharp drop, from 210 to just 60.
Key Observations
On the 4-hour time frame, the broader market continues to recover, showing signs of oscillation around resistance levels such as $104,000, $106,000, and $112,000 for Bitcoin.
Support levels on daily and weekly time frames remain effective, providing some degree of stability at this time.
Weekly structures are not complete, so patience is required until a clearer direction forms.
On the monthly time frame, the structure is more defined, allowing traders to seek take-profit levels on higher time frames.
Practical Ideas
1. The structure of the fifth phase has been identified but requires confirmation for entry. Signals will be provided as soon as conditions align.
2. Focus on spot trades during this period of high volatility, avoiding leveraged trades that may increase risk.
3. Current resistance levels for Ethereum should be closely monitored, maintaining awareness of stronger selling zones.
Important Reminder
The ideas presented here are based on personal experience and are not investment advice. Trading involves significant risks, and every decision should be made cautiously and based on your own research. Protect your capital and wait for clear, high-probability opportunities before entering trades.
Final Note
For those looking to develop a professional trading strategy, I am currently offering free assistance to 10 people to help them create effective systems. If you're interested, refer to the latest announcement for more information.
Be vigilant and disciplined — success in trading lies in preparation and patience.
