The direction is clear, no simulation or ambiguous analysis is done, for reference only
News: Today's Fear and Greed Index is 75. 1. The total venture capital of crypto-related companies in Q4 2023 reached US$1.9 billion. 2. Bloomberg: Retail investors are beginning to return to the crypto field. 3. Bloomberg: Several US banking alliances urged the country's regulators to change the accounting standards for crypto assets. 4. Schedule of important events this week: This week, the focus is on the changes in the Fed's expectations for interest rate cuts. Bitcoin and stocks seem to be ahead of the Fed's interest rate cut decision. 5. This week, AVAX, ID and DYDX will usher in large unlocking, with a total value of more than US$400 million. 6. On-chain data shows that whales have increased their holdings of about 250,000 BTC this year, worth more than US$12.9 billion.
Technical aspect: Bitcoin remains sideways at a high level. Ethereum is in the season of compensatory rise, aiming at 3000-3300, and at the same time driving the compensatory rise of the cottage. We have made a lot of money in this wave. As analyzed yesterday, the weekly level closed with a positive line, and it is still very strong this week. Don't short, the market is not over yet, and the big correction will not come so soon. When the daily level rises to around 52800 along the upper track of Bollinger, the K line will continue to rise after 5 days of sideways trading. It can be seen that although the speed of MACD turns downward, the price of the currency has not fallen. The closer to halving, the safer it is. The 4-hour level continues to consolidate. After MACD is infinitely close to the zero axis, the energy column changes from weak to strong, and Bollinger is closing. It is a relay adjustment after the rise. In terms of operation, wait for the layout of the cottage to make up for the rise, and you can adopt the spot rolling method. The bull market is easily more than 50 times! #BTC行情 #以太坊行情 #币圈 #WLD
