🌐2.4 Daily Market Commentary.🌐
$BTC Insight:
From January until now, there have been 5 instances of risk aversion, but the next day, the Bitcoin can return to 100,000. In contrast, the price of altcoins is getting lower and lower; it's a success due to tariffs and a failure also due to tariffs, rising because of Trump and falling because of Trump.
When a person has a certain level of power, money follows naturally; now when trading cryptocurrencies, there is no need to look at technical analysis, just watch Trump.
Bitcoin volume broke above 101421, closing on the hourly level above 101421, look to buy on the right side, pull back stop loss.
100963 volume broke down, rebound could not recover, look to sell on the right side, pull back stop loss, watch for changes in volume.
99549 showed a false breakdown; recover lightly and buy one more, break below 99000 to stop loss. If it cannot recover, do not buy more.
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On the hourly level, Bitcoin must break above 101833 and stabilize to see the upper target positions of 102290-103010; when waking up, the price has returned.
Above Bitcoin, be aware of 102502 showing a 2b false breakout, lightly short, break 103126 to stop loss. Do not hold onto positions; if you must stop loss, do so.
Conservative players wait to buy at 98546; if it breaks below 98000, just leave.
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On the 4-hour level, 100152 can pull back but must not break below; if it breaks below, look down at 99524-98546.
Upper resistance 102002-102814-103439
Lower support 100667-100083-99664
If today can recover all of yesterday's decline, that would be really exciting. A pure super roller coaster.
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$ETH Thoughts:
Altcoin volume broke 2855, look to buy on the right side, pull back stop loss.
2832 volume broke down, look to sell on the right side, pull back stop loss.
Altcoin pullback to 2738 confirms effective support buy; break below 2700 to stop loss.
Altcoin needs to break the hourly level of 2888 neck line to continue rising, then look up to 2951-3013.
Above altcoin, be aware of 2879 to short one, break 2915 to stop loss.
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Left side order: 2695 buy, break below 2663 to stop loss.
On the 4-hour level, 2735 must hold; if 2735 is broken, it will return to where it came from, looking at 2668-2597 below.
Upper resistance 2861-2915-2951
Lower support 2762-2726-2663
If Bitcoin keeps playing like this a few times, it can completely wipe out the altcoin; the knockoffs directly play to zero. But Bitcoin remains unscathed, meeting adjourned.