BTC has recently undergone a strong correction down to 78,258.52 USDT, but has bounced back quite quickly.
BTC is very likely to return to the level of 86,000 or go deeper this week if: - Large selling pressure: Investors take profits after the recent increase. - 92,000 USDT: Currently being held, if lost could test deeper. - 90,000 USDT: Important psychological level, may have buying pressure. - 86,000 USDT: Strong support, if broken, BTC could drop to 82,000 - 78,000 USDT.
***Note: The market is always volatile and carries high risks. All content is for reference purposes and disclaims all responsibility.
Candlestick Chart Analysis Timeframe: 1 day (1D) Important price level on 23/01/2025 Opening price: 257.37 USDTHighest price: 258.48 USDTLowest price: 242.19 USDTClosing price: 253.11 USDTPrice fluctuation: -1.65%Price range: 6.33%
***SOL may rise to 180-200 USDT 1. Breaking the resistance at 150 USDT: This is an important level to overcome to confirm the bullish trend.
2. Technical indicators support:
a. The price must surpass MA(25) = 212.91 USDT to confirm the trend reversal
b. RSI (Relative Strength Index) must stay above 50, ideally above 60-70 to signal strong momentum. c. MACD crosses above the signal line, giving a buy signal.
***Potential risks
If the level of 140 - 150 USDT is not maintained, SOL may return to the 125 USDT area or lower.
Overall market sentiment also has a strong impact, especially the volatility of Bitcoin and macroeconomic news.
***Note: The market is always volatile and carries high risks. All content is for reference purposes and disclaims all liability.
Strong downtrend from the area of 4,107.80 USDT to the area of 2,237.08 USDT. The price has broken below MA(99), indicating a continuing bearish signal. Trading volume has increased significantly as the price drops sharply, which may signal strong selling pressure. Nearest support: The area of 2,000 USDT. Important resistance: The area of 2,800 - 3,000 USDT.
The main trend is down. If the price holds above 2,000 USDT, there may be a recovery. If it continues to break below 2,000 USDT, the risk of deeper declines is high.
2. Next week 📉 Continued selling pressure: The price of ETH has broken the MA(99) line at 2,589 USDT, indicating that the downtrend may continue. If the sellers maintain strong pressure, the price may continue to drop to the important support level at 2,000 USDT. 📉 Unable to hold support at 2,000 USDT: 2,000 USDT is an important psychological support level. If the price breaks below this level with high volume, the likelihood of continuing to drop to 1,900 USDT is very high. 📉 Technical indicators signal negativity: If the RSI (Relative Strength Index) enters the oversold region (<30) without strong buying pressure, the downtrend may continue. A MACD crossover down and continuing to move far from the signal line will be a bearish sign.
✅ Case 1: Positive price reaction at 1,900 USDT (Bounces back) If the price touches 1,900 USDT and there is strong buying reaction (long wick, high volume), a recovery to 2,220 - 2,400 USDT may occur. ❌ Case 2: ETH breaks below 1,900 USDT If there is no buying pressure and the price continues to break down, ETH could drop to 1,500 - 1,600 USDT.
**Note: The market is always volatile and carries high risks. All content is for reference only and disclaims all responsibility.
Closing price: 86,110.01 USDT Lowest price of the week: 78,258.52 USDT Price volatility: -10.54% in the week Price range: 18.95%
Overall comments:Bitcoin has undergone a significant correction, dropping from the 96,000 USDT region to 86,000 USDT during the week.The current price is still above the MA(25) level, but has fallen below the MA(7), indicating a short-term downtrend.
If BTC remains above the 80,000 USDT range, it is likely to accumulate before a clear trend emerges. If it breaks below 79,500 USDT, the price may continue to decline toward lower support levels, possibly around MA(25) near 85,000 USDT or even MA(99) close to 55,000 USDT.
Reasons that may cause BTC to decrease:
🔻 Profit-taking after a strong increase: BTC has quickly risen to nearly 100,000 USDT, so a deep correction is normal. 🔻 Monetary policy: If the FED continues to maintain high interest rates, the flow of money into crypto may decrease. 🔻 Negative market sentiment: Negative news such as stricter crypto regulations or liquidations from large institutions can push prices down. $BTC
BTC may soon experience 2 directions: (The 86,000 mark plays an important role)
✅ If BTC holds firm above the support area of 86,000 - 87,000 USDT, the price could recover to 92,000 - 95,000 USDT. If buying volume increases significantly, BTC may retest the peak of 100,000 USDT.
❌ If BTC loses support at 86,000 USDT, the price could further decline to 80,000 - 75,000 USDT. If the overall market (stocks, gold) drops sharply or there is bad news (FED raises interest rates), BTC could drop to the 70,000 USDT area.
**Note: The market is always volatile and carries high risks. All content is for reference only and disclaims any responsibility.
✅ Breaking support at 2,458 USDT (24h low) → Pushing the price down to 2,200 - 2,000 USDT ✅ Outflow of funds from the market → Investors are fearful, leading to panic selling ✅ Negative market sentiment → FED raises interest rates, stock market declines, Bitcoin drops sharply ✅ Liquidation of large Long positions → If many leveraged positions are liquidated, the price may drop faster ✅ Price breaks below 2,000 USDT → If there is no strong buying force, ETH may continue to drop to 1,900 USDT
*Note: The market is always volatile and carries high risks. All content is for reference only and disclaims any responsibility.
BTC MAY FALL TO 86,000 USDT Current: BTC is trading around 94,027 USDT with signs of correction after a strong increase. Trading volume is trending down, indicating weak buying momentum. The MA(7) line (97,788 USDT) has been broken, and the price may head towards the MA(25) line (86,282 USDT). * Note: important levels 93,500 USDT – The nearest support level, if broken, could push the price down further. 90,000 - 91,000 USDT – An important psychological support zone. If buyers cannot defend it, the price will drop more sharply. The target price, close to the MA(25) line (86,282 USDT), may act as strong support. **Note: The market is always volatile and carries high risks. All content is for reference only and all liabilities are excluded.
In my personal opinion, the PI returns to 0.66 (BTC, ETH fluctuations significantly affect the market)
Important support zone: Currently, MA(5) and MA(10) support at 1.50 - 1.43 USDT. If this support is lost, the price could drop further to 1.10 - 1.00 USDT. If selling pressure continues, the level of 0.66 USDT may be the final support before falling into the extremely low range. Trading volume: If buying volume gradually decreases and sellers dominate, the price will continue to adjust down to lower levels. What are your opinions?
*Note: The market is always volatile and carries high risk. All content is for reference purposes and disclaims all responsibility.
DOGE Trading Strategy to Maximize Profits 1. Trend Trading Principle: Buy when the trend is up, sell when there are signs of a strong correction. Strategy: Buy DOGE when the price exceeds MA(7) and MA(25), confirming the uptrend. Take partial profits at key resistance levels (0.35, 0.50, 0.70, 1.00 USDT). Stop-loss below the MA(25) line to preserve capital. 👉 Entry Point Prediction: Buy around 0.25 - 0.30 USDT when the price breaks the downtrend. Take profit 30% when the price hits 0.50 USDT, 40% when hitting 0.70 USDT, and the remaining 30% when reaching 1.00 USDT.
2. Swing Trading Principle: Take advantage of pullbacks to buy low and sell high in an uptrend. Strategy: Buy in the support area (Fibonacci Retracement 0.236 - 0.382). Sell when the price hits strong resistance areas. Hold 30-40% of the position to catch a larger wave. 👉 Entry Point Prediction: Buy around 0.30 - 0.35 USDT when the price pulls back slightly. Sell partially when the price hits 0.50 - 0.70 - 1.00 USDT. 3. Futures Trading – High Risk, High Profit Principle: Use leverage to optimize profits but need to manage risk tightly. Strategy: Use x3 - x5 leverage when the DOGE price is on a strong uptrend. Cut losses below 5% of the account per trade to avoid capital burnout. Set take profits in parts at important price levels. 👉 Entry Strategy: Long DOGE at 0.30 USDT, set TP at 0.50 - 0.70 - 1.00 USDT. Cut losses at 0.25 USDT to reduce risk.
*Note: The market is always volatile and carries high risk. All content is for reference only and disclaims any responsibility.
Currently, IOTX is at 0.01959 USDT, if we expect it to rise to 0.05 USDT in 2 months, we need a reasonable strategy to maximize profit and reduce risk. Trading strategy :
1. Short term 🔹 Potential buying area: 0.018 - 0.02 USDT (strong support, price may bounce back). If the price drops deeply to 0.012 - 0.015 USDT, additional purchases may be made. 🔹 Profit-taking selling area: 0.025 USDT (first resistance, may take partial profits). 0.03 - 0.035 USDT (sell 30 - 50% of IOTX to reduce risk). 0.05 USDT (final target, close all or most orders). 🔹 Risk management: Cut loss if it breaks 0.017 USDT (keeping orders below this level is high risk). 2. Long term : A. Accumulation : Divide capital into 3 - 5 parts and gradually buy according to price drops. If the price drops to 0.015 USDT, buy more to optimize the average price. Set profit-taking expectations at 0.05 USDT, corresponding to a profit of 150%. B. Flexibility : If the price reaches 0.03 - 0.035 USDT, can sell 30 - 50%. If it reaches 0.05 USDT, can sell all or keep a small amount in case the price increases significantly. C. Risk : Cut loss if the price drops below 0.015 USDT 3. Use leverage to increase profit (High risk) 🔹 Reasonable use of leverage: Maximum leverage: x3 - x5, should not be too high to avoid account liquidation. Buy when the price is at 0.018 - 0.02 USDT, set stop-loss at 0.017 USDT. Take profit at 0.03 - 0.05 USDT, avoid holding orders too long. 🔹 Risks to pay attention to: If the market goes against, there may be account liquidation. Should use low leverage to protect capital.
Note : The market is always volatile and has high risks. All content is for reference only and disclaims all responsibility.
Technical Analysis Breakthrough resistance at 6 USDT: Currently, DOT is trading around 5 USDT. If it surpasses 6 USDT, many investors will FOMO into buying. MA crosses creating an uptrend: When MA(7) crosses MA(25) from below, it is a bullish signal. If MA(25) continues to cross above MA(99), the uptrend will be reinforced. High trading volume: If inflow is strong and trading volume remains high, the price of DOT will easily bounce back to 9 USDT. 2.
Bitcoin & General Market: If Bitcoin continues to rise and surpasses important resistance levels, money will flow strongly into altcoins, especially large projects like Polkadot. DeFi & Web3 Trend: Polkadot is an important project in the Web3 ecosystem. If there are significant updates or new capital flows into projects within this ecosystem, the price of DOT will rise.
3.
Risks to Monitor Bitcoin's sharp decline could pull DOT back down to the 4-5 USDT range. Technical indicators signal bad signs such as decreasing volume or DOT unable to surpass 6 USDT. Crypto management policies in the US or Europe negatively affecting the market.
Note: The market is always highly volatile and risks are very high; consider before making decisions. (Disclaimer)
SHIB Reaches 0.0003 USDT In 6 Months Current time: SHIB is trading around 0.00001548 USDT. To reach 0.0003 USDT, the price needs to increase by about 1,838% (about ~19.4 times) in 6 months. Is it feasible? Then:
1. Reduction of supply – Major Token BurnCurrently, the total supply of SHIB is 589 trillion tokens. To reach 0.0003 USDT, a large amount of SHIB needs to be burned (at least several hundred trillion tokens) through:Official SHIB burn initiative from the Shiba Inu teamCommunity voluntary burn through transactions and gas feesIncreased use of SHIB within the Shibarium ecosystem
2. Speculative sentiment: Individual and institutional investors actively participate in SHIB, creating a "Fear of Missing Out" (FOMO) effect.
3. Reduction of supply – Major Token BurnCurrently, the total supply of SHIB is 589 trillion tokens. To reach 0.0003 USDT, a large amount of SHIB needs to be burned (at least several hundred trillion tokens) through:Official SHIB burn initiative from the Shiba Inu teamCommunity voluntary burn through transactions and gas feesIncreased use of SHIB within the Shibarium ecosystem
Achieving 0.0003 USDT for SHIB in 6 months is not impossible, but it requires multiple factors to influence simultaneously, from market sentiment, supply reduction, ecosystem expansion to the participation of whales and large institutions.
Note: The market is always volatile and carries high risks. All content is for reference purposes and disclaims all responsibility.
In the online forums these days, there has been a surge about Pi. From my personal perspective, is this a kick or not, but in this surge, there are also many people who have been left with swollen cheeks and runny noses (there's a saying that goes 'when the boat is rocking, people don't know who to call'), Pi holders in general, and Vietnamese Pi holders in particular, must have at least 70% of them who know nothing about the cryptocurrency market, just shouting that high consensus means high prices... this is my personal opinion, what about you guys...?