#UNI drop, drop, the market is overreacting, those who didn't have time to get on the train before, take advantage of the big drop to rush in and build positions $UNI
Israel's attack on Iran has accelerated the pessimism of those who have just learned about the market, causing a sharp decline in the market. This has dealt a severe blow to the fragile market of copycats. Iran may respond with limited retaliation at an appropriate time. It remains to be confirmed whether the situation will escalate further. The market's excessive reaction will eventually correct itself, and Bitcoin may revisit 100,000.
On June 1, #FIL 6 said that this month the overall Bitcoin is oscillating, but it has strengthened at the beginning of this week, and altcoins are similarly behaving. Yesterday, it was mentioned that $FIL reached a critical period of the upward channel on the daily line and needs to retest support at 2.64. It is advised to build positions around or below this level to set up for future increases.
#UNI Bitcoin daily line 106540 is a pullback support, already tested, $UNI also hovered around the new support at 8.0 to 7.67 nearby, supporting the strong UNI near the support level for building positions. Originally expected to take at least two weeks to enter an upward channel, but unexpectedly broke through the day before yesterday, slightly ahead of schedule, the market is clearly strong, and those who were eager to chase after gains yesterday can now take advantage of this pullback to build positions.
In the rising market of #ACX , $ACX is breaking through step by step, pulling back between 0.1817-0.181-0.18 is a good area for building positions. (The result is that the market is too strong and didn't give opportunities in a short time; the difference is not much, in a strong market, it rises as it pleases, so compared to the upward space, we shouldn't be too concerned about this little bit; but later it really did fall.) #交易对 $ACX is closely related to the currently strong UNI, and the upward movement is always closely following UNI.
#FIL Recently rebounded and turned upward, it has reached a critical period of the daily rising channel. Around 2.64 may serve as support for oscillation and pullback. The market is actively turning upward 👆, with a strong possibility of sustained upward movement.
The key point for FIL to rise ↑ is when it exceeds 3.6, which opens up upward space. Near 9, it opens up a higher level of upward space, and once the space opens, it will experience a continuous surge.
Although it has dropped to a low of 2.3 again, overall, since the lowest point in April, it has risen to over 3.4, and now we are on the way to the second wave. Currently, the area around 2.65 with $FIL is a rare starting point.
#ETH Some people say to short from 2800 down to 2500. At this point, can Ethereum still be shorted? 2800 indeed has resistance, but it doesn't mean you can short as soon as it hits 2800; rather, after breaking above 2800, there might be a brief pullback to close around 2800.
Bitcoin is oscillating sideways around the critical point of 110000, while Ethereum and other altcoins are bullish and awaiting an uptrend.
At 2742 and slightly below, and at 2680 and slightly below, you can set up to buy on dips; the lower it goes, the more you should focus on buying rather than shorting. Just below 2640 is also a good dip-buying point, but it shouldn't be treated as a target for shorting because there may not be another opportunity to reach that point. The current market may not be so easy to drop. Ethereum has been oscillating and closing sideways around the 2540 level for 4 weeks now. It has only briefly dipped back to 2382, solidifying the bottom. Now, it is highly likely that the trend has changed, and it should be time for an upward breakthrough, potentially rising to a new resistance range of 3040-3100 or slightly above, or above 3140 it would be better to consider shorting, as there might be a new significant oscillation period.
Looking at the current situation around 2800, there aren't many opportunities to short. Slightly above 2820 indeed presents pressure, and shorting once or twice is not easy to continue. If you keep shorting, you might get trapped, and then it could rally upwards, making it difficult to close the positions. There are a lot of people trapped below 2600 waiting to exit, and the market has already turned bullish; it's time for a change. You shouldn't chase shorts; instead, buy on dips, and if you are trapped in a long position, you can still exit profitably. Aim to buy on dips and reach above 3000.
Looking at resistance levels, there might be a short opportunity at 2880-2900 for the first time, around 2940 there could be a short opportunity, and at 2980-3000 there could be a short. As it approaches 3150 and slightly above, and above 3175, there is a relatively good space for shorting. $ETH
#A The bull market is here, and any slight movement can cause the market to react positively.
#交易流动性 【Affected by Bullish submitting IPO application news, A briefly rose over 17%】On June 11, news reports indicate that due to Bullish's submission of an IPO application, A briefly rose over 17%, currently reported at $0.701. Previous reports indicate that Bullish, a cryptocurrency trading platform under Block.one, has secretly submitted IPO application documents to the U.S. Securities and Exchange Commission (SEC) in recent weeks. $A
Last week, there were still people extremely bearish on #FIL , giving up at $FIL , cutting losses as the bull market was about to arrive, and they were already above the historical annual bottom. If there is a slight retreat to the bottom again, they won't be able to hold on and will have to give up. However, the market has come, and it cannot be stopped; the weekly and monthly lines may synchronize and start to rise together. #加密市场反弹
29,734,288,991 Bitcoin rose from 100,373 to 110,520, just increasing by 10,000 points. The market suddenly reaches a psychological price point for people and is at a moment of facing a breakthrough. Above is the pressure of the breakthrough, which is an unknown area. It may continue to oscillate for a while after a slight pullback. First, we need to continuously pull back and see how far it can drop before continuing to rise. 28,368,306,042 41,092,274,683 65,759,585,129
#UNI has been oscillating for several weeks trying to break above $UNI , which is relatively strong compared to other similar coins. This week, a surge to 7.45-7.6 is possible, and reaching 8.0 is also a possibility. A spike upwards is possible; whether it can strengthen significantly will depend on the strength of the subsequent market, as it is still within the range of oscillation and has not yet established a weekly upward channel. The monthly chart for $UNI can clearly be drawn upwards; there's no need to rush, as it may reach 8.5 in July, and at most it will stabilize in August. Compared to Ethereum, UNI is still moving relatively slowly, but UNI's gains will ultimately surpass those of Ethereum. #中心化与去中心化交易所
Bitcoin suddenly strengthened overnight with the value of #BTC , to be precise, it started from yesterday afternoon. However, at that time, many selected altcoins were falling, so I slightly increased my holdings in some altcoins that have been declining significantly these past few days, and I was fortunate to add at the lowest point once.
Yesterday, the weekly chart came out, showing Bitcoin's strength while altcoins weakened. I was quite hesitant to share my views, but fortunately, the overall direction is to be bullish on dips.
Many altcoins are facing breakthroughs on the weekly chart, or are about to touch the bottom again, and as of today, they are starting to rise after hitting the bottom.
Bitcoin is strengthening and has the potential to break through previous highs. Don't be misled by today's slight opening drop (around 108800); it's truly due to the strong overnight reversal. The market has turned strong, don't go against the trend; if it’s bullish, then it’s bullish. If Bitcoin falls while being bullish, let the altcoins rise and continue to be bullish.
The market is strengthening led by Bitcoin, which inevitably gives people confidence. When Bitcoin is strong, the entire cryptocurrency space is strong, and therefore, altcoins are hopeful. For those who have increased their holdings above the average price, continue to hold on; there is still a long way to go this year. The market's operations will not be halted just because of past declines. The market will have the dividends of era development. As long as they haven't been put into the observation zone or delisted, there is hope. Hold on to hope; just hold on and see how high the final bull market can reach.
In just half a month, ACX has dropped from 0.26 to 0.17, a decrease of 0.1. It is possible to increase positions and enter the market. Today is the day the market hits the bottom; it's hard to find another opportunity if missed. 41668485644
The Bitcoin at #UNI has reached the bottom, and $UNI has also reached near the bottom needle. Once again, the opportunity to buy at the bottom has arrived.
#A Bitcoin is approaching 100,000, and the altcoin $A has also followed and dropped to the bottom. Don't miss the opportunity to lay low and build positions at the bottom.
#ETH The extreme pin time has come, Bitcoin is expected to drop to 100700 within three days, Ethereum has not yet reached 2300-2070, you can place orders at the pin tip position, placing orders is placing orders, directly buying in batches is buying at the bottom in batches, today is an excellent time to enter the spot market. $ETH