The current position is quite awkward. The lows keep rising, but the highs are also continuously lowering. It is not recommended to operate much. Better to wait and see if it breaks below 91600 or breaks above 96100.
Bitcoin has rebounded to around 0.618. If it retraces to the 0.382 to 0.618 range of the upward segment, it is highly likely to form a standard bearish bat pattern.
Dropped below 0.0117. Sell in the spot market. Buy back at 0.00895 and 0.00771. This is a strong coin in the altcoin market. Those who are aggressive can buy back everything at 0.00895.
Altcoins have large fluctuations, and making profits from spot trading is also possible.
#BTC An upward trend has formed an upward channel. This indicates a risk of a market pullback.
The 4-hour upward channel has broken below 93600. Manually exit long positions. 91600 is crucial. If it breaks below, just wait at 87400 and 85100. Do not blindly look for bullish until it stands above 95700.
Is Ripple going to make a comeback? A big bullish candle.
交易员Ying Li
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Bullish
#山寨季
This is what a shanzhai season should look like. The last time the shanzhai season rose for 3 consecutive months. This time it is very likely to be the same. The general trend is upward. Currently, $BNB and $XRP have hardly risen. They will definitely catch up. Those who haven't gotten in can consider these two coins. Stable
Altcoin season can refer to Dogecoin. 17 candlesticks over 119 days.
$DOGE Target: $1. Reasons to be optimistic: Established meme $PNUT Target: $6. Buying opportunity: The only one on the meme coin list that is in a severely oversold zone on the weekly RSI indicator.
Characteristics of altcoin season: Altcoins lead the rise. Bitcoin is moving sideways, gradually rising, with a decreasing market capitalization share.
This is what a shanzhai season should look like. The last time the shanzhai season rose for 3 consecutive months. This time it is very likely to be the same. The general trend is upward. Currently, $BNB and $XRP have hardly risen. They will definitely catch up. Those who haven't gotten in can consider these two coins. Stable
This is the best buying opportunity I told everyone about a few days ago. Did those who saw it enter the market?
交易员Ying Li
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Bullish
#BTC走势分析 Cherish Bitcoin below 100,000 USD. The signal of breaking 86,000 is important. The overall direction is upward. If you encounter KOLs saying it will drop, just block them.
USDT advantage value downtrend. This indicates that everyone is exchanging USDT for other coins. Data does not lie. It has been sideways for a few days. A breakthrough in an instant. In fact, there have been several instances of false bearish behavior in the past few days. I firmly hold. Now the overall direction has been confirmed. The best buying opportunity.
交易员Ying Li
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Bullish
#山寨季
The advantage value of USDT has already fallen. The market is about to experience a surge. Buy boldly.
#BTC走势分析 Cherish Bitcoin below 100,000 USD. The signal of breaking 86,000 is important. The overall direction is upward. If you encounter KOLs saying it will drop, just block them.
交易员Ying Li
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Bullish
#BTC
The weekly chart of Bitcoin shows a bullish head-and-shoulders pattern. Target: 350,000 USD
The advantage value of USDT has already fallen. The market is about to experience a surge. Buy boldly.
The Bitcoin rainbow chart is also a buy signal.
交易员Ying Li
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Bullish
#山寨季 The USDT advantage value's real part has already fallen. The USDT advantage value has fallen below 5.43%. This confirms that Bitcoin has successfully bottomed out and is in a bullish trend. Currently, the altcoin season index shows a golden cross. We may see Bitcoin slowly rising or consolidating. The altcoins are leading the rise.
#Pnut Take advantage of the fact that major investors have not yet entered the market; you can ambush in advance. This price is absolutely the floor price.
In five months, a giant whale that spent 16.41 million USD to build positions in $PNUT & $ai16z & $arc has accumulated a loss of 9.98 million USD, with assets shrinking over 60%.
PNUT: Spent 9.12 million USD to build positions, cost $0.3448, cleared positions two weeks ago and incurred a loss of 4.975 million USD.
ai16z: Spent 5.6 million USD to build positions, cost $0.7447, currently has an unrealized loss of 4.58 million USD.
arc: Spent 2.77 million USD to build positions, cost $0.2914, cleared positions two months ago and incurred a loss of 426,000 USD.
Daily Market Analysis BTC Short-term support at 84500. If this level is not broken, look for 85500 and 86500. It may not necessarily reach these levels, as the market has been in a sideways consolidation for over a week. If the closing breaks below 84500, the support range to watch is 83700-83000. ETH Currently stabilized at 1590, short-term support still looks at 1590 and 1585. If these two positions are not broken, the rebound resistance is at 1615, 1660, and 1680. If it drops below 1585 again, watch for support at 1550, 1505, and 1470. SOL SOL broke through the resistance at 134 and surged to around 140. Short-term support is near 135. If this level is not broken, look for a rebound, with resistance above at 140 and 145. The weekly pressure is around 147. Before breaking below 135, if the closing breaks below 135, the daily support is at 132 and 129. BNB BNB short-term support is at 590, with a defense at 586. If it does not break 590, look for a rebound, with resistance above at 600 and a breakout target at 610 and 620. If it drops below 590, watch for the defensive support at 586.
The weekly chart of Bitcoin shows a bullish head-and-shoulders pattern. Target: 350,000 USD
交易员Ying Li
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Bullish
#BTC走势分析 $BTC Generally Bullish
The daily level has broken out of a bullish flag. The $88300 resistance above is key. If this level is broken, the next equidistant target is around $120000.
#山寨季 The USDT advantage value's real part has already fallen. The USDT advantage value has fallen below 5.43%. This confirms that Bitcoin has successfully bottomed out and is in a bullish trend. Currently, the altcoin season index shows a golden cross. We may see Bitcoin slowly rising or consolidating. The altcoins are leading the rise.
交易员Ying Li
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Bullish
#山寨季 The Chairman of the Federal Reserve said: The future will be dominated by cryptocurrency
Bitcoin is not very volatile. Altcoins have shown some signs of wanting to rise these days. The indicators are low enough. No one is willing to sell.
The market supply of USDT is decreasing. A potential head and shoulders bottom pattern. A major surge may be coming. Everyone is exchanging USDT for other coins. Therefore, the value advantage of USDT is declining.