Recently, I've heard many brothers say they've been trapped at the peak again, such a careless move! In fact, everyone understands the principles of the crypto world, but just can't seem to follow them! Why? Because there are too many external temptations!
The secret to making money in the crypto world is just three words — do less! act!
Current market guidance
$BTC : The decline hasn’t stopped yet! Those who were advised to liquidate around 88,000 are probably feeling smug now! Keep investing in spot around 80,000! Add positions at 74,000! Go all in if it starts with 6!
$BNB : After mining ends, there will be another wave of selling pressure! The CZ couple has been quiet lately. Remember: You must participate in new wallet launches! It's foolish not to join when the officials are distributing money!
$ETH: The Prague upgrade has been postponed, said to have major vulnerabilities! It has dropped to around 1800 again! Sigh! The positive news is basically gone!
Some important news from yesterday:
1. ETH's "needle" caused two whales with a net position of up to $84.4 million to face liquidation, with liquidation prices of $1,786.65 and $1,781.99 respectively.
2. Analyst: The BTC sell-side ratio has dropped to 0.086%, which may indicate that Bitcoin prices will rebound.
3. Data: Tokens like SUI, W, ENA will see significant unlocking next week, with SUI unlock valued at about $152 million.
Now back to today’s daily BTC technical analysis, from the K-line perspective, the 1-hour level shows a weak decline, the 4-hour level is down, the 12-hour level is down, and the daily level is down, with an intraday resistance at 84,300 and a support level at $79,000.
Remember: Every penny you earn is a realization of your cognition! Instead of studying K-lines, it’s better to study yourself — set your take profit and stop loss and go to sleep! Only when you can achieve "fluctuations mean nothing, and you dare to sleep through bulls and bears" can you truly say you’ve entered the field.
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