Ethereum reached the top of Douyin's hot search with $ETH , which doesn't seem like a good thing. A bustling crowd means it could temporarily peak. Ethereum's surge topped Douyin's hot search list, and previously, after Bitcoin surged and topped the hot search, the market collapsed within three days, starting to pull in new investors to take over. $#ETH突破2500 How long do you think this wave of ETH will last?
"Every pullback is an opportunity to increase your position and open new trades," you silently tell yourself.
Then during the trading session, there was a pullback of three points, and your position was scared off.
After fifteen minutes of pullback, your previous coins hit a new high, and you chased again, thus starting a new cycle.
How many people are like this? In the current market, just buy low, and you'll make money by lying in wait! Yesterday, those who bought Ethereum at 2450 took profit at 2600, now it has pulled back, added a bit, and patiently waiting. NC also hit take profit, gaining a 20% increase, which is not bad. Additionally, some Vine and HBAR have been allocated, just patiently waiting.
$XRP XRP Daily Ink, is it exhausted or gathering strength for big things? Clearly, the market is large, the narrative is stable, the structure is solid, but the trend seems to be playing Tai Chi? Don't worry—last year it was the same, and the result was a 400% surge once it took action📈 This wave is not not rising; it's holding back a punch to explode! Some coins take off based on hype, XRP became popular after it took off! Don't be deceived by the surface; this silence may be the calm before a storm. It has now reached the edge of a breakout; once it breaks upward, it will be a massive pump, and XRP has already settled with the SEC, so the breakout can be chased because XRP's upward momentum has been quite sustained. #山寨币交易 #BTC重返10万
$BTC Bitcoin surged strongly before starting high-level fluctuations, and short-term indicators show a need for a pullback. The market seems to be fluctuating instead of declining, and generally, weekend volatility is low, so don't rush to enter the market. Pay attention to the results of support and resistance breakthroughs for flexible operations.
Sell short around the rebound near 103500—104000.
Buy long on the pullback near the support at 102000—102000.
🐮 There is a very important indicator in the market, which is on-chain data. If the number of active 💰 wallets increases, more active 💰 wallets indicate higher user participation; The second is the increase in transaction volume; frequent on-chain transactions indicate active capital flow. Additionally, the holding time structure shows that long-term holders are reluctant to sell, while short-term holders are buying; this is a typical bull market structure. The upward momentum has not been completely broken yet, and if you seek stability, you can wait for the momentum to weaken before entering short positions. It is essential to rest when needed and observe when necessary; the market has opportunities every day, just seize one wave. The upward momentum has not been completely broken yet; if you seek stability, you can wait for the momentum to weaken before entering short positions. It is essential to rest when needed and observe when necessary; the market has opportunities every day, just seize one wave.
The resistance for Bitcoin is at 105000; if it falls below the 102000 mark, it will continue to decline. If it does not break, it will continue to repair and fluctuate. $BTC
$BTC I looked at the pancake, and the weekly trend is very unhealthy right now. Looking at the weekly level, if we want to go to a higher point, we must pull back to accumulate before moving towards 150k. If we continue to rise, we must build a底, forming a W shape to have a chance to break through the 150k position. If we directly V up to 110k, forming an M top, then it will drop down, and even 66k will have to be broken through. Therefore, a short position suggestion has been given, and I also shorted at 95,000, and I am still holding. Let's wait patiently. Others are temporarily observing. $ETH I haven't played much with Ethereum, the performance is too weak. #BTC突破99K #美联储FOMC会议
$BTC Many people have privately messaged me about the short position issue; today's market movement is very easy to understand. First, breaking below the upward channel, a large-scale pullback is normal. Looking at a larger time frame, if it continues to rise, it is very unhealthy, forming an M-top, and it must go down to build a bottom before moving towards higher points. Yesterday's effective support retest allows for entering long positions, and there is potential to take profits near the resistance level of 98000. My recommended short position was hit with a stop loss, but the layer took profits of at least 25 points, as did XRP, which only saw a partial profit retracement. Additionally, I still hold a bearish view. Currently, I do not recommend chasing long positions, as the impact of news is too significant. Tonight, Trump will be speaking; it might be worth paying attention to. There is no 100% win rate; one can only say to earn more and lose less. Strictly taking profits and stopping losses ensures you won’t lose money. The main reason most people lose money is that they can't hold onto their profits and stubbornly hold onto losing positions. $XRP $LAYER #BTC突破99K
The Federal Reserve's interest rate announcement is a point of great concern for the entire cryptocurrency market. This rate will determine the future market trends, and the effects will be immediate. The previous value of the Federal Reserve rate in the U.S. as of May 7 was 4.5%, the market expectation was 4.5%, and the announced value was 4.5%, which had little impact. At 2:30, Powell began speaking; pay attention to risk control. Speeches are not like data. Conversations are not like data; the market has expectations. When the data is released and meets expectations, whether it's positive or negative, the market will have already prepared in advance. However, speeches are filled with uncertainty and can vary greatly. It is necessary to wait for a clearer direction before proceeding with operations.
In the early morning, news broke that China agreed to contact the United States. The first and second pancakes immediately rose strongly. There is no need to look at the technical form. It is too difficult to rely solely on emotions to drive the air situation.
At this position, I believe many people are on their way to Nanjing, but at present, the market has not fully digested the positive emotions. At present, Beijing is a personal understanding of the market trend. Do less and wait and see.
Can Bitcoin break 100,000 in May? The upcoming interest rate cut data is extremely important!
If interest rates are cut, it's very likely that it will return to above 100,000, or even higher. Last year's three interest rate cuts took Bitcoin from 60,000 to 109,000. According to Goldman Sachs, there are expected to be three more interest rate cuts this year, and if they all happen, a 200,000 Bitcoin is no longer impossible.
Thanks to Trump's tariff stick, extremely high inflation has pushed the probability of an interest rate cut in May to over 50%.
Of course, if there is no interest rate cut, it will definitely cause a short-term blow to the market. With Trump as the wild card factor, I suggest that you brothers remain rational and observe more. Additionally, Ethereum is also quite weak; the upgrade that everyone expected for ETH has left many disappointed. Today, it tested the 1750 support level again. #美联储FOMC会议
As shown in the figure...... The BTC expansion triangle has just hit the lower line. Whether it can stay above the 92 support and oscillate within the 98 range is key. Currently, there are many suitable scenarios. Due to the uncertainty of BTC at the moment, I dare not build a position rashly, so let's wait patiently. #美联储FOMC会议 #加密市场回调
On March 19, according to The Data Nerd's monitoring, yesterday, a certain address (possibly belonging to the Solayer team) deposited 13.1 million LAYER (approximately 13.03 million USD) into Binance.
Prior to this, the address received 20 million LAYER from 2 addresses, which collectively held 287.3 million LAYER (approximately 295.92 million USD).