EOS5111

EOS Today's Market: A Trend Change is Imminent, the Long and Short Battle is About to Erupt!

1. Technical Analysis
The current price is fluctuating in the range of 0.84−0.84−0.88, with the Bollinger Bands narrowing to a 4% volatility space. The MACD indicator is entangled near the zero axis, and the trading volume over the last 4 hours is only 8.76 million EOS, a decrease of 35% compared to yesterday, indicating a strong market wait-and-see sentiment.
Key levels:
Resistance: $0.88
Support: $0.84

2. Main Capital Trends
Bullish Signals:
Three whale addresses have been detected on-chain, cumulatively buying 3.2 million EOS.
The perpetual contract funding rate remains at a neutral level of 0.008%.
Bearish Signals:
Selling pressure of 2.1 million EOS at 0.88.
Exchange reserves increased by 4.1% weekly, increasing potential selling pressure.

3. Important News
Positive News:
The EOS network will undergo an important upgrade on August 28.
The ecological fund announced an additional $5 million developer incentive.
Negative News:
If BTC falls below $25,800, it may trigger a ripple effect of declines.
The depth of the EOS/USDT trading pair on mainstream exchanges has decreased by 15%.

4. Operational Advice
Breakout Strategy:
If 0.88 is broken with volume, consider light long positions, targeting 0.91-$0.93.
If it effectively drops below 0.84, consider short positions, targeting 0.80-$0.82.
Range Strategy:
High sell and low buy within 0.84−0.84−0.88, with a stop loss outside of 1.5%.

Risk Reminder:
Leverage is advised not to exceed 3 times.
Beware of abnormal fluctuations during US trading hours.

Are you stuck? When to bottom-fish? As always, if you're confused and helpless and don't know what to do, click on the avatar and comment. I need followers, you need references.

#MEME币狂欢 #WYST稳定币

Focus for the day: EOS ETH TUT BTC

Everyone quickly update the Binance APP, something big is happening!

- You can directly purchase on-chain Alpha assets using funds from your Binance account.
- The purchased assets can be seen in the assets (the Alpha asset label has been added).

This means that in the future, there will be no need to transfer assets to the chain for purchases; as long as there is money in the CEX account, you can buy directly. The era of CEX users acting as on-chain users' backers is over.
#币安Alpha上新 #BNBChainMeme热潮

The countdown has stopped, the KYC was completed today, and now it's 8 green and 9 yellow. The key question is whether this countdown matters.

Currently, his 50x leverage long position of 79,000 ETH has an unrealized profit of $2.3 million.

For him, every $25 increase or decrease in ETH is quite significant.
If the cost line rises by $25, he has an unrealized profit of $2 million, but if the cost line falls by $25, he will face liquidation. After all, his opening price is $25 higher than the liquidation price.