Bitcoin at 110,000, when Ethereum was at 2800, I told you to short, but you all wanted to go long, always looking at 130,000 or 3000 for Ethereum. Now Bitcoin is at 103,000, and with Ethereum at 2450 near support, you all are afraid to go long again...
Go long at 103000/2450, hold firm!
Bitcoin looking at 105,500, Ethereum looking at 2550, let's first take a wave of normal rebound. Then decide whether to follow the trend or only play the rebound.
Although the whale holdings of 1,000 to 10,000 Ethereum have surged, the price of the coin has not increased, indicating a large volume of selling. Attention should be paid to the subsequent actions of the whales and the market's ability to absorb funds to determine whether Ethereum can break through the consolidation pattern.
Cryptocurrency concept stocks fell broadly, with Coinbase, Riot Blockchain, and others dropping between 1% to 3%, which may reflect short-term market fluctuations. Result 2 indicates that Trump's media Bitcoin "treasury transaction" is effective, which may stimulate cryptocurrency-related U.S. stocks, such as companies involved in Bitcoin business. This shows the impact of policy events on stock prices. Result 9 analyzes the rise logic of stablecoin company Circle in detail, mentioning that it issues stablecoins to purchase U.S. government bonds, then uses those bonds as collateral to continue issuing stablecoins, creating a leverage effect that drives up stock prices. It also mentions Coinbase's application to digitize U.S. stocks, allowing 24-hour trading, which may promote the rise of related stocks. Results 14 and 45 both mention Circle's stock soaring 168% on its first day of trading, becoming the "first stablecoin stock," showing the market's enthusiasm for this type of concept.
This week, the pancake has maintained a narrow range of fluctuations. It has retreated from around the 108800 level to a low of 103200. The upward pressure remains quite strong, and the impact of news has not been able to continue to push it higher. Recently, the situation between Israel and Iran has been tense. Is the beautiful country really going to attack Iran this week? It's hard to say right now, as there is always a possibility, so we will focus on being cautious in our operations and beware of Black Friday! From the four-hour technical chart, although the current candlestick has recorded two consecutive bullish candles forming a slight rebound, it has yet to reach the middle band of the Bollinger Bands. The price has not effectively broken through the fluctuation range. Both bullish candles have long upper shadows, indicating weak upward momentum and strong resistance above, with the middle band of the Bollinger Bands continuing to trend downward, clearly indicating that the overall market trend remains dominated by a downward trend. The MACD is currently hovering around the zero axis, waiting for further directional choice! The RSI has shown signs of turning downward, and the MACD double lines are still operating below the zero axis, with weak red bars, while the green bars begin to expand again, indicating that short-term market bearish forces have regained an advantage, and there is obviously insufficient bullish momentum, providing short-selling opportunities when the price rebounds to resistance levels. Currently, the market is still fluctuating within the first resistance level of 105300-105800 and the second resistance level of 106800-107300, with support levels at 103500-103000. For the daytime, I personally suggest trading the pancake at 104800-105300, looking down towards the 103500-103000 area for those with large capital amounts, but the bearish trend in the medium to long term remains unchanged. I am confident it will break one hundred thousand. This has also been a key point that has been mentioned recently. #鲍威尔发言 #以色列伊朗冲突 Many times, it's not a lack of methods, but a lack of determination and courage to move forward. Don't hesitate at the beginning of things, and don't look back when things are in progress. Why is this so? Because anything is possible! Only with a big vision can there be a big heart. Always believe that nothing is impossible in this world, and you will definitely succeed!
Soon reaching our target at 105500 Congratulations on earning 2500 points of big cake #以色列伊朗冲突 # The size of the market determines how quickly you make money, while the calmness of the market decides whether you make a profit or not. Buying up and down has a fifty percent probability, no matter how crazy the market is, perhaps this year you have been stumbling along. Half of 2025 has passed, are you ready for the opportunity to make money? If not, I hope you stop and lighten your burden, and join me in moving forward with ease! Su Yan talks about coins ~ wishing to walk with you!