#BTC #ETH #ORDI. #SATS1000 #RATS;
Bitcoin is currently in a top consolidation state. From the 4-hour Vegas moving average, we can see that Bitcoin is still consolidating near the 144/169 moving average. Since the golden cross on the four-hour chart, each test of the 144/169 moving average has resulted in a rebound. It is possible that after consolidating for some time at this position, it will continue its upward trend. For those who have opened positions nearby, you can set your stop loss around 41300. We will observe whether there will be a major directional choice based on Bitcoin ETF news. Another potential risk is that since the moving average golden cross, we have not tested the 575/676 moving average for the medium to long term. Everyone must set take profit and stop loss.
For ETH, we can also see through the Vegas channel that it is currently hovering around the 144/169 moving average, with the main risk still being the distant 575/676 moving average.
For inscriptions, we mainly focus on ordi, which has tested the 83 position multiple times and failed to break through. We need to pay attention to whether the 68 position can hold, or if it will fake break below and return above 68 to continue trying to break through the previous high. Everyone should also understand the principle of moving forward with momentum, then diminishing, and finally exhausting. After many tests, it is highly probable that it will consolidate in a channel between 68-83 and then choose a direction again.
For sats, we can see that it is currently forming a triangle pattern ahead. Everyone can pay attention to the breakout situation at the end of the triangle.
For rats, it is currently at a previous low position with no obvious signs of stopping the decline. We will wait for a clear buy signal to appear on the right side before intervening in long or short positions.