Last Friday, the price fell below the 20-day moving average ($2,487) and broke below the 50-day moving average ($2,481).
On Saturday, the sell-off continued, and the ETH/USDT trading pair fell below the support level of $2,323. Buyers attempted to push the price back above the breakout level of $2,323, but the bears sold off again, pulling the trading pair down near the support level of $2,111. The bulls will do their utmost to defend the support level of $2,111, as a break below this level could lead the trading pair to drop to $1,754.
At 4 AM, the price rebounded from $2,111, and the bulls will have to push the trading pair back above the 20-day EMA to indicate that the recent correction may have ended.
The trading pair may find support at the $2,111 level, but a rebound is expected to face strong selling around the decline level near $2,320. If the price drops significantly from $2,320, the bears will again attempt to push the trading pair below $2,111.
Conversely, if the bulls successfully hold the $2,111 level, the trading pair may form a range-bound fluctuation in the short term. The trading pair may fluctuate between $2,111 and $2,320 for a period. If the closing price breaks above the 50-day moving average, the selling pressure may weaken.
Bitcoin fell below the 50-day simple moving average (104,788 USD) last Friday and broke below the 100,000 USD support level on Sunday.
The moving average is about to form a bearish crossover, and the relative strength index (RSI) is in negative territory, indicating that bears are in control. If the price remains below 100,000 USD, selling pressure may intensify, pushing the BTC/USDT pair down to 93,000 USD.
Buyers must push the price above the 20-day exponential moving average (104,616 USD) to prevent a decline in the short term. After that, the pair may rise to the downward trend line, which could pose a significant challenge to the bulls.
BTC closed below 100,700 USD, completing a bearish descending triangle formation. The target price for the bearish pattern is 89,420 USD, but bulls are unlikely to give up easily.
Buyers will attempt to initiate a rebound but may encounter selling pressure near 100,700 USD and the 20-day moving average. If the price pulls back from the resistance level above, the pair may further retrace.
Bulls must push and maintain the price above the 50-SMA to initiate a meaningful recovery.
Solana is expected to lead potential altcoin ETFs this summer, with an approval probability as high as 90%.
This summer, the potential for significant rises in altcoin ETFs places Solana among the frontrunners alongside innovative portfolio ETFs.
Portfolio/index funds, Litecoin, and Solana ETFs all have a strong approval probability of up to 90%, reflecting increasing confidence from regulators.
Further analysis indicates that the approval probability for the XRP ETF is 85%, while the approval probabilities for Dogecoin and HBAR are expected to be 80%, highlighting their growing institutional appeal.
Meanwhile, the approval probabilities for ADA, DOT, and Avalanche ETFs are expected to be 75%, underscoring the increasing regulatory attention on altcoin-based financial instruments.
Notably, the approval probability for the SUI ETF is more cautious at only 60%, while the regulatory timeline for the Tron/TRX ETF has been extended to 2026, indicating a more cautious review process.
The Spiritual Totem of Cryptocurrency Practitioners
In the turbulent world of cryptocurrency, every plunge is a test of your depth of understanding. When account balances are halved, some panic sell while others bend down to pick up the chips wrongfully killed by emotions—because true wealth hunters understand that the volatility of the crypto world has never been a risk, but rather a staircase to realizing knowledge.
Every bear market is a crucible for crypto civilization. Miners’ machines roar with stories of perseverance, programmers hone their code through the winter, and traders reconstruct their strategies in hibernation. The underlying logic of blockchain has never changed: the ideal of decentralization will not fade due to price fluctuations, and the promises of smart contracts will not be shattered by short-term volatility. Those who keep the fire of faith ignited even in the darkest moments will ultimately reap the stars when dawn arrives.
Remember, there are no miracles in the cryptocurrency world, only the magic of compound interest and the awakening of understanding. Do not fight against the tides of the market with the impatience of chasing highs and cutting losses; embrace technological innovation with a learning mindset and navigate through the fog of cycles with a strategic outlook. When you treat every fluctuation as nourishment for evolution and every setback as a cornerstone for growth, you will eventually understand: the true bull market always grows on the fertile ground of cognitive breakthroughs.
Ethereum Short-Term Pressure: Can Bears Break Through the Bullish Defense Line? After a week of high-level fluctuations and declines, the price triggered profit-taking around $2450, and then found tentative support around $2400, but with limited chips. The current market focus is: Will the $2530 resistance level become the starting point for a bearish counterattack?
1. Daily Pattern: Pressure Level Effective, Downward Risk Intensifies The daily K-line shows that after the price reached $2530, it was suppressed by the EMA15 trend fast line and fell back, confirming the effectiveness of short-term resistance. Combined with technical indicators, the bearish signals are becoming increasingly evident: • Key Levels: ◦ Resistance: The EMA15 trend line ($2530) and the middle band of the Bollinger Bands ($2560) create double pressure; ◦ Support: The dense area of the trend indicator at $2330-$2280; if lost, it will open up greater downward space; • Technical Indicators: ◦ MACD shows a top divergence, with the red bars continuously shrinking, indicating a depletion of bullish momentum; ◦ DIF and DEA approaching the zero axis, with K-line consolidating at the lower band of the Bollinger Bands ($2430), with a risk of breaking down imminent.
2. Four-Hour Game: After Five Waves Surge, Bears Dominate the Rhythm The four-hour K-line shows that the main force completed four rounds of high-level liquidation after a five-wave surge, and retail investors' chasing up positions were liquidated. The current price is suppressed by the EMA120 trend line ($2520), with weak rebounds: • Key Levels: ◦ The upper $2560 is a strong resistance at the trend top; if it cannot break through, the bears will take the initiative; • Technical Indicators: ◦ MACD green bars' shrinking slows, but still below the zero axis, indicating that the bearish momentum has not been completely released; ◦ The Bollinger Bands open downward, with the price falling back after touching the middle band, indicating a high possibility of a false bullish signal on rebounds.
3. Trading Strategy: Focus on Shorting, Avoid Chasing Bull Traps Given the bearish dominant pattern, the following strategies are recommended: • Shorting Timing: When the price rebounds to the $2530-$2560 range and meets resistance, lightly position short orders, with stop-loss set above $2560, aiming for $2430 and $2330; • Risk Warning: ◦ Do not blindly catch the bottom in the short term to avoid being lured by the main force; ◦ Those holding short positions can move their stop-loss closer to the cost price to lock in profits; ◦ Pay attention to the $2330 support level; if broken, the probability of accelerated decline increases significantly.
In fact, mainstream coins: BTC, BCH, ETH, LTC, LINK, XRP can be held for the long term when there is market activity, after all, mainstream coins are not like altcoins that can go to zero or even get delisted.
Mainstream coins are generally held long-term by large institutions, and there are locked dates for them.
They won’t easily plummet, relying on a few small retail investors,
Small retail investors cannot possibly influence the price of Bitcoin.
The mainstream coins bought by Grayscale are generally subject to a 6-month lock-up period, so rest assured
Currently in a volatile downward channel, with the K-line below the MA7 moving average, and shrinking trading volume indicating insufficient market momentum.
The MACD shows early signs of a golden cross, suggesting a potential slight rebound, but downward pressure remains significant. If it continues to break below 105000 (the lower boundary of the downward channel), it could accelerate the decline; if it stabilizes at this support level, the rebound target looks towards 109000.
Recently, the amount of short positions being liquidated is significantly higher than that of long positions (approximately 100 million USD in short liquidations over 24 hours), reflecting cautious market sentiment, with profit-taking pressure existing after breaking previous highs.
Key Levels and Trading Strategy Support Level: 105500 (Short-term Strength and Weakness Boundary) Resistance Level: 108500-109000 (MA7 Moving Average and Previous High Area), breaking through could open up space to 112000.
Trading Suggestions: Short-term: Lightly enter long positions around 105800, with a stop-loss at 105000 and a target of 109000. Medium-term: Wait for volume to break through MA7 and stabilize before increasing positions, otherwise remain on the sidelines.
In investment trading, false breakouts can be a headache! It's crucial to learn how to identify them.
False breakout: Although the price seems to have broken through the resistance level, the subsequent candlestick returns to the resistance area, like a 'smoke and mirrors' trick set by the market.
True breakout: After the price breaks through the resistance level, confirming with a pullback and then using technical re-examination can help it develop more steadily upwards.
Mastering these identification methods can help us avoid blindly entering during false breakouts and reduce losses. However, investment risks are everywhere, and we still need to combine other indicators for comprehensive judgment.
If you want to do short to medium-term contracts but don’t know how to read the market and are consistently in a losing state, follow my strategy to maintain stable profits in the long term!
$MYX What kind of cryptocurrency is it? Is it worth investing? MYX Finance is a DEX launched in February 2024 that combines the speed of centralization with the security of decentralization for cryptocurrency derivatives trading. Its Matching Pool Mechanism (MPM) enables zero slippage and low-cost perpetual futures trading, offering up to 50x leverage. It operates in a non-custodial and user-friendly manner, connecting traditional finance and blockchain, attracting various traders, and runs on the BNB Smart Chain (BEP20) platform.
The current market capitalization of MYX is $7.44M, with a market ranking of 1214, and the market value of MYX has not yet been widely recognized; when the bull market arrives, MYX's market capitalization may have significant growth potential.
As a new currency with innovative cryptocurrency technology and novel application scenarios, MYX has vast market potential and development space. MYX's uniqueness and interest may attract the attention of specific groups, thereby driving its market value up.
Which institutions participate in staking? Sequoia China, LINEA, FL Foundation, Woyong, and these institutions are now acting as 'miners' in MYX's node staking system.
This is not ordinary PoS mining; they have bundled transaction matching rights, governance rights, and profit distribution rights into the nodes. Every week, 21 active nodes are selected based on votes, and the on-chain matching and network operation rely on them, while staking users can also share in the transaction fees. This closed-loop design is quite impressive.
Is MYX worth investing in or holding for a while? How to purchase MYX from cryptocurrency exchanges? If you want to buy MYX, the following data may serve as your investment reference: In the past 7 days, the price of MYX has risen by 18.05%, and most MYX investors have gained some positive returns. Currently, the market holds an optimistic view on the price trend of MYX.
From the 24H liquidation chart of BTC, large liquidation hotspots are concentrated at the lower level of 107425 and the upper level of 110769.
Large long liquidations mainly occur at 108641 and 107425, while large short liquidations mainly occur at 110161, 110769, and 111225.
This indicates that the market sentiment is relatively optimistic about the short trend recently, and directly chasing shorts at this time is not a wise choice, as there is not much large liquidation space below. Conversely, there are large liquidations everywhere for shorts above. If a liquidation of shorts is initiated, it will lead to a lot of distress, so those observing can wait for the rebound liquidation part before chasing shorts.
Is tonight going to be a big drop or not? Let's wait and see
Affected by Trump's tariffs, Bitcoin has fluctuated and returned to around 110,000 today. If it cannot break through this level, it will enter a downward trend. If it stabilizes, there is a chance to surge towards the 114,000 line. For today, pay attention to the support at 106,500-107,000.
Ethereum has shown strong support around 2,450. It has been in a wide range of fluctuations for half a month. If it continues to break new highs, market-leading funds need to be involved, so be patient and wait. Short-term support is at 2,550-2,530, with today’s strongest support at 2,480-2,450.
1. No one can accurately predict the market trends; real trading is about making executable and error-tolerant trading plans based on one's rough judgment.
2. In a trading plan, aim to reduce the weight of subjective judgment as much as possible, and increase the weight of the plan (position control, take profit, and stop loss).
3. Positions and levels should correspond; for higher levels, use larger positions, and for lower levels, do not use large positions.
4. Beginners, or those who haven't made significant profits in this market, should try to trade at larger levels because the higher the level, the greater the certainty, and the lower the level, the lesser the certainty.
5. Trading is a long process of cultivation; everyone should review their trades more often and backtest each one. Try not to step into the same pitfalls repeatedly; practice more, and when you realize you no longer fall into the traps you previously encountered, that’s progress through practice, avoiding human weaknesses.
6. Chasing fleeting gains is ultimately temporary; only trading is eternal.
In the past few days, fans who followed have already recouped their investments and made profits!
One went from 1500u to about 3000u now (profit), One went from 5000u to 8000u (recouped),
As long as the trend is right, be bold to follow me when the price hits support or resistance levels, Following the right person is very important; following me will only result in small losses and big gains!
If you want to trade short to medium term with me, and agree with my approach, just follow me directly! I will continue to deploy strategic trades!
Let's talk about Ethereum's long and short strategies today
Short order strategy Entry point 1: 2530 (integer support level, EMA30 moving average near 2525, short-term pullback test support) Entry point 2: 2510 (previous low near 2507, EMA120 moving average 2546 below the key support, if the pullback is in place, you can build positions in batches) Long stop loss point: 2490 (falling below the previous low 2500 integer mark, the trend may weaken)
Long order strategy Entry point 1: 2550 (short-term high near 2558, integer pressure level, EMA120 suppression) Entry point 2: 2565 (previous band high near 2576, if it breaks through 2550, it may test higher resistance) Short stop loss point: 2580 (break through 2576, the trend may continue to rise, stop loss is required)
Strictly follow the stop loss discipline to prevent the unilateral market from expanding losses.
Next, I will continue to lay out the magic order! Instead of groping around on your own and failing to capture the best entry and exit points, which results in losses, it is better to follow Lao Xu's operation. If you agree with me, just follow me directly.
Today is Saturday with little capital inflow. Let's discuss today's strategy for Ethereum.
Short Strategy (Follow the current trend, short on rebounds) Entry Point One: 2580 (Previous swing high, resistance near the 1-hour EMA30 (2575)) Entry Point Two: 2600 T (Integer resistance level, selling pressure area above the daily EMA7 (2548)) Short Stop Loss Point: 2625 (If it breaks 2600, it may test higher resistance, set the stop loss 1% above entry point two)
Long Strategy (Cautious, need to wait for pullback to confirm support) Entry Point One: 2515 (Previous swing low, integer support, key defensive level below EMA120 (2567)) Entry Point Two: 2500 (Integer psychological level, if 2515 is briefly broken and then rebounds, can enter in batches) Long Stop Loss Point: 2485 (Below 2500 support by 1%, to prevent further decline after a false breakout)
What is AIVille? AIVille is unique in the game finance field, not just AI-driven—but governed by AI. They cultivate, vote, and rewrite the rules.
AIVille is not a traditional gold farming game, but an AI self-operating digital town, where there are countless ways to make money and gameplay is much more diverse than you might think.
"AI Emotional Management" The core concept of AIVille is simple: you "build a town" on a virtual land, farming, trading, and interacting with AI characters. Sounds like a traditional farming game? But what really grabs your attention is the group of “dramatic” AI residents. For example, the town's merchant Lucas not only holds grudges (if you haggle too hard, he'll lower the price the next day), but also adjusts strategies based on market supply and demand. Some players have tried to cooperate with others to hoard wood and inflate prices, only to be collectively boycotted by the AI, even triggering a virtual strike.
What started as a casual game turned out to be completely under their control! Can you imagine arguing with an NPC, and the next day he still holds a grudge and won’t give you a good price? I haggled with Lucas twice, and he started to “spread rumors” in the town, making others unwilling to deal with me next time.
Yes, that’s AIVille, a project that you think is “on-chain Animal Crossing,” but is actually an “AI emotional management simulator.” It’s not just that it hit the top spot on cookie.fun twice; what’s more impressive is that it even made it into the top 3 of Binance Wallet DApp hotlist! Recently, Binance Wallet has officially promoted it, and I heard the team has submitted a Binance Alpha application, and $AGT hasn’t been listed yet, with only 10.75% circulating and a very low market cap.
The liquidity pool for $AGT currently has $300,000 on Pancake, maintained for half a year. I see this not as heating up quickly, but rather “pressed down without exploding.”
This project has been under continuous development for six months, with the $AGT liquidity pool stabilized at the $300,000 level, neither a “one-week scam” riding on trends nor an air project that only draws visions without reality.
$AGT of AIVILLE is sweeping the globe! 👏 Its market cap has surpassed $2 million and is still climbing!
AIVille is currently one of the projects with the most experimental value in the intersection of AI + GameFi from a technological perspective.
AIVille is also the first AI-driven Web3 game project on the BSC ecosystem, where not only do the characters have intelligence and memory, but they can also truly influence the game's economy and storyline.
It has built a virtual town, where each AI character is based on the "MCP system" (Multi-Character Parallel) model: equipped with a memory system, emotional values, task logic, and a social network. AI can not only interact with players but also "influence each other's behavioral choices".
AIVille is not an ordinary Web3 game; it acts like an early-launch AI social simulator. If you want to participate in a world truly driven by AI and co-built by players, now is the best starting point.
If you missed the early airdrop or are temporarily not participating in community activities, there's no need to worry. You can still enter the game to earn money easily, earning $Dinar, which can then be exchanged for $AGT at the exchange window, with no fees throughout the process, completely "free".
Beyond technology, it currently: cookie.fun mindshare was once first and received official promotional support from Binance Wallet; and ranks among the top 3 in the DApp square.
The token circulation is only 10.75%, with a very low market cap for $AGT; however, the liquidity pool has been stable for half a year, around $300,000.
It has only launched on PancakeSwap, and the team has clearly stated that they have applied for Binance Alpha, with expectations for significant listings.
Community users have surpassed 300,000, with over 13,000 AGT holders, and a very high level of activity.
Combining socially-driven narratives, agricultural economic systems, and AI multi-factor behavioral modeling, AIVille may not be suitable for "speculative quick in-and-out" users, but it is a prototype of a blockchain social system worth serious study.
In the future, AI Ville will accelerate technological iterations, enhance agents' decision-making abilities in complex environments, and explore more new models of coexistence between AI and humans. #aiville #AGT🔥 #发现下一个币安Alpha #币安Alpha上新 #COOKIE
#BTC #ETH K-Line Pattern: Recent prices have formed a double top pattern around 2700, followed by a significant pullback, indicating heavy selling pressure above. Prices have tested support multiple times around 2650, forming a short-term bottom, showing that there is buying support in this area.
Technical Indicators: MACD: DIF and DEA have crossed below the zero line, and the MACD histogram has turned from positive to negative, indicating a weakening of short-term momentum. RSI: RSI has fallen from the overbought zone to the neutral zone, indicating that market sentiment has shifted from overheated to neutral. EMA: Prices have fallen below EMA7 and EMA30 but remain above EMA120, indicating a weak short-term trend while the long-term trend is still bullish.
Trading Volume: Prices have decreased significantly around 2700, indicating heavy selling pressure, as market participants choose to take profits in this area. Trading volume has increased around 2650, indicating that funds are entering this area, forming short-term support.
#以太坊走势 #比特币突破11万美元 #BTC再创新高 Next, I will continue to position myself in the market! Instead of blindly experimenting and missing the best entry and exit points, leading to holding losses, it's better to follow Old Xu's operations. If you agree with me, come directly.