You can pay attention to ARB, the second layer network of Ethereum $ARB , which has been heavily criticized, but I see signs of a launch. The 3-day moving average has completed a breakout and retest. If it retests near 0.48 again, you can buy some positions that you can afford; there's no need to go heavy. The weekly breakout is already a certainty, and I am bullish in the long term with an expected increase of 120%. The holding period is greater than 1 month.
$BTC 15 minutes level stands above the moving average, 117800 completes the support and resistance interchange, rebound target at the 119 area, the daily level is still in the oscillation range.
As long as $ETH does not break through the historical high on a weekly level, there will be opportunities for a pullback to get you on board. The last time was 2140, with a post made on the day of the crash; previous weekly level breakthroughs have all completed pullback tests with support and resistance switching. This time should also follow suit. From a larger perspective, this is a healthy pullback, without a doubt. Continuously pay attention to the large support levels below; when they are reached, buy in batches. 4090~4000 3800~3750 From 4090 to 3750 is 8%; at 4090, buy for every 1-2% drop.
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Ethereum's daily support at $ETH has been broken, is there still hope? Let's calmly look at the weekly chart. I have divided the weekly operating area into three parts. First, looking at the previous part, after Ethereum breaks out from the bottom blue area, there will be a weekly level pullback test, with a pullback of more than 20%. This time, it is also a pullback of more than 20%. Personally, I believe as long as Ethereum does not drop back into the blue consolidation area and oscillates in the range of 2140 to 2800, it is all preparation to break into the yellow area. Of course, this is a weekly chart and cannot be used for opening short-term high-leverage contracts. Currently, the distance to the weekly support-resistance exchange point is only 5%. Bitcoin's market share is still soaring, and the market share is about to be overbought again at the weekly level. Here, I personally do not recommend going short anymore. Unless it breaks this 5% space, if it drops below 2140, you can confidently short.
The震动 and突破 times for $BTC were similar in the past two instances, and this time it may震动 for 2 months. The daily level wide震荡 range is 112000~123000, currently positioned in the upper half of the blue channel, and there is no doubt that it is still a bullish trend. In the previous two instances, it dipped into the middle track of the channel, which could happen again. As time goes by, the position of the middle track will have slight adjustments; the blue label on the right indicates the approximate range.
The last 800-point crash of Ethereum at $ETH should be deeply remembered by everyone. During the decline, I urgently published an analysis explaining why it was a normal correction and provided an accurate pin-pointing location in the 2140 area. This time, I will give a few key large-scale bottom-buying areas in advance. The monthly level has already broken through; as long as there is a significant pullback, it will be a buying opportunity. If you are a high-leverage player, I suggest you reduce your actual leverage to below 3 times. First is the 3-day line level; friends who have been paying attention to me for a while should know that I often say to test previous daily highs. Regardless of the coin, a retest is necessary. Therefore, when DOGE was at 0.48, I directly predicted a drop to half. Moreover, I reminded multiple times within a month. Similarly, Ethereum also has the possibility of testing previous daily highs; once it reaches that point, we will buy in batches.
Key points to focus on: Daily level support 4090~4000 Monthly level support-resistance swap position: 3800~3750
A drop to 3750 is a normal correction range, provided it is a pin drop and does not break down in entity. Currently, I am doing long anti-single trades; don't be scared by what I post. If forced liquidation is below 3750, you can reduce your position.
Everyone, take a look at the third chart. What I'm saying is well-founded. Every time Ethereum breaks through at the weekly level, there is usually a subsequent weekly pullback test. Therefore, I believe this time there should be one as well; this is a healthy correction. When it reaches the level, we will buy in; my personal suggestion is to buy spot and then use 2x leverage on the capital.
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Ethereum's daily support at $ETH has been broken, is there still hope? Let's calmly look at the weekly chart. I have divided the weekly operating area into three parts. First, looking at the previous part, after Ethereum breaks out from the bottom blue area, there will be a weekly level pullback test, with a pullback of more than 20%. This time, it is also a pullback of more than 20%. Personally, I believe as long as Ethereum does not drop back into the blue consolidation area and oscillates in the range of 2140 to 2800, it is all preparation to break into the yellow area. Of course, this is a weekly chart and cannot be used for opening short-term high-leverage contracts. Currently, the distance to the weekly support-resistance exchange point is only 5%. Bitcoin's market share is still soaring, and the market share is about to be overbought again at the weekly level. Here, I personally do not recommend going short anymore. Unless it breaks this 5% space, if it drops below 2140, you can confidently short.
$ALL Binance version of the altcoin market ALL, at the 15-minute level in a state of breaking below the moving average, avoid going long. Only after regaining the moving average can one consider going long on the right side, all altcoins are the same.
The daily level of $BTC is in a volatile period, currently within the fluctuation range of 116000 to 120000, with support at 117500 and 116000 both serving as short-term entry points. If it breaks above 120000, a long position can be pursued, with the minimum requirement being a stable position at the hourly level.
$BTC $ETH From a daily perspective, BTC is currently in a consolidation phase. It will remain in this consolidation until it breaks above 123. ETH, on the other hand, is in a strong upward trend on the daily chart, similar to the previous segment of BTC (red circle). I mentioned this on the 31st of last month, indicating that ETH's growth would far exceed that of BTC. At that time, I suggested switching to ETH, and the result was a 42% surge starting from the 31st.
Yesterday at the high point, #山寨季何时到来? issued an analysis on the reasons for the stagnation of altcoins, indicating a pullback to 304B, but the actual pullback went a little deeper to 294B. Currently, it has risen back to 301B, maintaining a bullish trend on the daily line. Let's continue to observe. At present, the performance of altcoins is also underwhelming; everyone with large positions should still focus on the top two. Small positions in altcoins can be treated as a lottery.
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Have you noticed the counterfeits stagnating? The reason is simple; the counterfeit market has hit daily resistance, so it naturally can't go up in the short term. It's normal to pull back to 304B, and we should maintain our low long positions. A breakout will lead to a surge.
$BTC Right now, most people are watching Zhu Yidan's live stream and eating melon seeds, and I am listening too, hehe. Let's take a look at the current position of BTC, which is at a horizontal support level. This pullback is consistent with the previous one and is even smaller than the earlier pullback. As long as it hasn't broken down further, we won't consider additional pullbacks. There's no problem with building positions in batches, and institutions have not stopped buying. ETH remains strong. The priority for bottom-fishing targets is always BTC, ETH, and BNB.
Have you noticed the counterfeits stagnating? The reason is simple; the counterfeit market has hit daily resistance, so it naturally can't go up in the short term. It's normal to pull back to 304B, and we should maintain our low long positions. A breakout will lead to a surge.
Target position unchanged, looking at 5888 in the long term, 4273 at the time of writing, now 4650
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The weekly high point of $ETH and the 3-day high point have both been broken through. The long-term target is expected to start at 5.8. When trading on the minute chart, it is not necessary to look at it. The holding period is in months.
$BTC reminded to protect the profit at the highest point of the mountain yesterday, around 10:15, do you think it's the high point, if you believe it, give it a thumbs up👍😂
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You can go long, and you can set protection and take profits in batches.
For three consecutive days, there have been warnings for the bulls to take profits. Now, as it hits the position, it has directly waterfalled. The bulls will have to endure for a few weeks; the next altcoin week will be needed to break even.
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BTC market share is about to reach the weekly 60 moving average, and the RSI is also about to enter the oversold zone. The last time it hit the weekly 60 moving average, altcoins started a waterfall. I don't know if it will break here, but at this point, you should take profits and adjust your stop loss.