Current Trend: The closing price yesterday broke below the 92K support area, surpassing the horizontal channel formed between 92 - 106K.
Future Prediction: After the channel was breached, the downward target points to the 78 - 80K area. To change the current unfavorable structure, it is necessary to break through and stabilize above the 92K resistance level; otherwise, any subsequent rise may just be a correction within the downward process.
Mentality Advice: Due to the abnormal performance of patterns, support, and resistance in the recent market, there is no need to be overly pessimistic. Just maintain patience and continue to pay attention.
As of now, the market price of Bitcoin is around 100300. The one-hour movement of BTC cannot be said to be exactly the same, and it is also carved out of the same mold. It was not until yesterday that it reached the lps that it was found to be the 1-hour bottom structure. Naked K can only look at the trend. Wyckoff's accumulation stage E is now. I recently studied Wyckoff. It is too similar. I believe it.
The two lowest points were both during the Asian sleeping time. Those who get on the bus can only place orders or get on the bus at the lps. The profit and loss ratio is indeed pitiful.
Currently, the 1-hour is in a correction. You can consider entering the market when the correction is almost there. Bitcoin should have a new high this month. Once the trend is confirmed, the short position is the fuel at this moment
Intraday pressure and support BTC pressure 101000/101800/103000 Support 100000/99000/97800 ETH pressure 4000/4080/4170 Support 3900/3820/3750 Spot sector
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Motivation is only temporarily effective. It can suddenly surge, and then disappear without a trace. You cannot grasp it, because it is fleeting.
Relying on motivation will lead to stagnation. Your only unwavering companion is self-discipline. Self-discipline continues to work even without feeling!
Because what matters is: How stable your state can be.
Don't forget! Motivation can get you started. But self-discipline can take you to the finish line.
ETH current price around 1570, buy in more, stop loss at the previous low, I don't believe it, if you have the ability, continue to drop before the market opens.
She first mocked Liang Xi, saying that if Liang Xi claimed to be a representative of GJH or the Illuminati, the show would be more effective. The implication is that Liang Xi's so-called "Binance is controlled by GJH" is unfounded. If he really didn't have an insider identity, how could he know so many "secrets"? It's obviously nonsense. Whether Liang Xi was coerced or induced, it is more obvious when connected to this series of operations in the morning.
Then, He Yi enumerated the public opinion attacks on Binance. It was rumored to be a "white glove of the Chinese Communist Party" and a "member of the Western GJH". It was neither human nor human. In fact, this also reflects from the side that Binance is at the center of the public opinion vortex, and any outrageous rumors can be put on it.
When it comes to CZ's entry, He Yi lamented that Binance has no foundation. In this market, the boss of a head exchange was dealt with by the judiciary, and the outside world will naturally question its support and risk resistance. She also complained about the media that were suspected to be controlled by mysterious organizations (referring to the forces that control the global media in conspiracy theories such as GJH), which published negative news about BN every day, making it difficult for BN to survive.
I was wondering which force paid Liang Xi to write negative articles, or where did they buy the negative articles from? Liangzi, if you are that, please make a sound.
From the morning until now, there have been various small positives in the market. It is advised to take profit on long positions based on the situation.
Clearly, the economy is still in recession. Why are so many positives being released? This seems like an intention to harvest some people. It is still too early to see a significant surge.
The US dollar is expected to rise due to tariffs. But when you combine this with soaring bond yields, it looks more like capital flight from the United States.
Currently, this coin is stuck below 0.0145 to 0.0150. If the price can break through, it may rise to around 0.0162 (small target Fibonacci 61.8% extension). If luck is on our side, it could surge to 0.0177 (big target February 2025 high + Fibonacci 78.6% extension).
Specific operation suggestions:
1. Wait for the price to close and stabilize above 0.0150, then consider gradually increasing positions. 2. If the price falls below 0.0140 after buying (with a break-even stop), get out immediately. 3. When it rises to 0.0162, sell half first, and hold the remaining for 0.0177 before selling. 4. For now, set the stop loss around 0.0125.
Notes:
The Federal Reserve will hold a meeting on March 29, which may affect the price. Is the analysis thorough enough? If you don't understand, you must ask!!!