Daily Market Analysis of Cryptocurrency (4.8)
Summary:
$BTC 88700-74500 this segment is a daily downtrend, currently the weekly is retracing (11000-74500) and the internal daily down-up structure is complete, so this weekly retracement is very likely to have ended, 74500 is very likely to become the starting low, yesterday I mentioned that I do not recommend chasing shorts, and last night there was a direct V-reversal, another batch of short-sellers got trapped, the main force has used this tactic twice this year, because on February 3rd I clearly remember the V-reversal closing with a bullish candle, so yesterday I told you to buy BTC, SOL, DOGE, SUI, LTC spot, did you buy? If you didn't buy, don't come to ask me if you can still chase now, I just want to send you one word: Goon, yesterday I said it was almost at the bottom, at that time you were still scared, you were waiting for a price starting with 5, or one starting with 6, take your time waiting, how is today looking intra-day, yesterday's resistance is still resistance today, the Feibo 0.618 of yesterday's high and low points is today's retracement target, we have both upper and lower positions, just stick to the positions and it will be okay, let me mention that if today's daily candle stabilizes at 81200, then it will form a daily bottom pattern, this specifically needs to be seen whether it closes as a daily bottom pattern structure by 8 AM tomorrow, the internal four-hour second buy can be used to rebound on the daily downtrend, I believe that the next may still be a corrective volatile market, if there is a daily rebound, we can also wait for the daily second buy and engage in a medium to long-term bullish position for this year, holding until the end of the bull market, the 74500 position has a high probability of already being the bottom, as long as the rebound is strong, even if there is negative news later, it will just be a retracement to solidify the bottom, if you understand, go execute, and for those who ask this and that in the comments every day, I suggest you take a good look at the daily analysis, I think the daily analysis is detailed enough, if you still don't understand, what can I do?
Summary:
$BTC 88700-74500 this segment is a daily downtrend, currently the weekly is retracing (11000-74500) and the internal daily down-up structure is complete, so this weekly retracement is very likely to have ended, 74500 is very likely to become the starting low, yesterday I mentioned that I do not recommend chasing shorts, and last night there was a direct V-reversal, another batch of short-sellers got trapped, the main force has used this tactic twice this year, because on February 3rd I clearly remember the V-reversal closing with a bullish candle, so yesterday I told you to buy BTC, SOL, DOGE, SUI, LTC spot, did you buy? If you didn't buy, don't come to ask me if you can still chase now, I just want to send you one word: Goon, yesterday I said it was almost at the bottom, at that time you were still scared, you were waiting for a price starting with 5, or one starting with 6, take your time waiting, how is today looking intra-day, yesterday's resistance is still resistance today, the Feibo 0.618 of yesterday's high and low points is today's retracement target, we have both upper and lower positions, just stick to the positions and it will be okay, let me mention that if today's daily candle stabilizes at 81200, then it will form a daily bottom pattern, this specifically needs to be seen whether it closes as a daily bottom pattern structure by 8 AM tomorrow, the internal four-hour second buy can be used to rebound on the daily downtrend, I believe that the next may still be a corrective volatile market, if there is a daily rebound, we can also wait for the daily second buy and engage in a medium to long-term bullish position for this year, holding until the end of the bull market, the 74500 position has a high probability of already being the bottom, as long as the rebound is strong, even if there is negative news later, it will just be a retracement to solidify the bottom, if you understand, go execute, and for those who ask this and that in the comments every day, I suggest you take a good look at the daily analysis, I think the daily analysis is detailed enough, if you still don't understand, what can I do?
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BTC
96,469.66
+1.49%
SOL
148.6
-0.74%
SUI
3.4398
-1.72%