🚨Breaking! US stocks surge but failed to drive BTC past 950, what does the future hold?
US stocks rebounded strongly today, with the S&P up 2.03%, the Dow up 1.23%, and the Nasdaq up 2.74%, showing significant gains compared to the opening. However, Bitcoin did not perform as strongly as expected during US trading hours; despite the high performance of US stocks, BTC only fluctuated around 935 and did not break through 950.
Today's market review
From the market perspective, the bulls indeed showed strength. Today, a long position was placed at 915, with a lowest point touching 916, but it fell short by 100 points and could not be executed. Although there was a brief pullback that did not break the high point, after opening a short at 935, the lowest point of 926 did not reach the target, ultimately resulting in a break-even stop loss.
Three possible future scenarios
Breakthrough at 910: If it breaks below 910 and retraces to 88, it may accelerate downward, targeting 98.
Break below 91: If it continues to decline and breaks below 88, the target may drop to 84, forming a double top resistance, with 88 being the key watershed.
Hold above 91: If 91 support holds effectively, after some fluctuation, it is expected to break through 95, aiming for 98, just one step away from 100,000.
Personally, I lean towards scenario 1 or 2, but it is currently difficult to judge. If it fails to break 949 before the end of the month, it may be more inclined to form a double top resistance, leading to significant pullback pressure in the future.
Did you have the same parents as FiL? I'm at FiL 44, there's no hope, it's useless.
老黄炒币
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#ORDI
Oh, ORDI this Audi is really miserable now... The price of 6U compared to the peak back then is simply a drastic cut! 😭 I know several old friends who were standing guard at 30U and 40U, and now in the group, they don't even have the energy to complain, they've just gone silent...
In the inscription sector? Don't even mention it! The market feels like it's lost its memory, just a few days ago someone was shouting 'inscription revival', but it turned out to be just a pump-and-dump situation. Look at who still dares to mention BRC20? Even the meme coin project parties have run off to play on the Solana chain... 🤡
But seriously, this divergence at the small level looks a bit interesting, but the brothers trying to bottom fish might have forgotten the pain of 'catching falling knives'? Last time it rebounded to 15U, how many people were shouting 'the bull is back'? And they ended up buried halfway up the hill... With the current trading volume, the meme coin whales are probably too lazy to draw lines!
The worst off are those contract traders; those who bottomed out at 20U are probably left with nothing but their underwear. If you ask me, either play dead and wait for the next bull market, or resolutely cut losses and rush into meme coins; what's the difference between this broken Audi and zombie coins now? 🚬
(Suddenly lowers voice) But... if it really falls below the previous low of 5.8U, I might... quietly buy a little spot... just a little bit... don’t tell anyone! 🙊
Tariffs are mutually damaging, but compromises are definitely not possible! Otherwise, one problem leads to another. On foreign websites, I see many anti-China lackeys, but here I find so many thoughtful comments, which is really comforting. Only after stepping out of the country do I realize that China is the most beautiful country in the world. It has its flaws and shortcomings. But at least the people live and work in peace, without war, internal strife, disease, or hunger. If one family cannot manage well, how can such a vast country do so? Many people idolize foreign cultures, are tolerant of other countries, but are never satisfied with their own. It's really like feeding the dogs.
Today's birthday gift is a retracement of 76% of my assets, this time made with 1000 RMB, which is about 150 USD. At its peak, the net value was 7200. In one month's time, this morning I shorted #FUNUSD , made 800 dollars, and then shorted again, a big slap, directly knocked me down by 76%, leaving a little over 2000. Let's see how much I can do this time, it's always like this, very smooth at first, and then a black swan just takes me out.
The first time I earned 5,000 US dollars, to be precise, I got back 5,000 US dollars. The problem is, how do I convert it into RMB now? Which method is reliable? I'm afraid of being investigated.
At this speed of #加密市场回调 , when can I make back the losses from last year? This month has been like a divine assist, growing from 1000 RMB to now! In February and March, I brought in a total of 3000, and I must thank the platform's risk control for preventing more. Otherwise, with 3000, there would only be one chance to lose it all, making it impossible to break even. I want to share my insights this time: enter with a small position, then roll over the funds, as long as there is profit, I can roll over the large capital first. I only select the market for new coins on the second day. 😬😬😬😬😬.
Successful people leave this market!!! "In the industry" for 18 years, losing over 1 million. Previously engaged in forex and gold trading, but when I couldn't access the platforms anymore, I started playing this. For 18 years, as a broke housewife, borrowing from here and there, just like a gambler, whenever I had money, I would rush to these things. Always thinking I could turn things around, but I want to tell all the newbies, it’s not that easy. With 100, you want 1,000; with 1,000, you want 10,000... never satisfied. When I was trading forex, the best performance was flipping a 3,000 position in one night; the best result for blowing up an account was 10,000 dollars in a week. I’ve been on Binance for over 4 years, only putting money in, never taking out, and now I've deposited over 30,000 dollars into this market again. 🤣🤣🤣🤣 In this silent casino, I've seen and heard too many stories of bankruptcy, selling homes, and debt, so I want to tell all newbies: the biggest profit is leaving this market. #美联储3月利率决议
You analyzed very well, don't analyze next time, I will too
阿甘谈币
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#TRUMP Trump has been falling for so long, but finally rebounded today. However, this small rebound is not significant for many who bought at high positions.
Currently, there is resistance at 21 above, key resistance at 23. Only a breakthrough of 23 can lead to an upward trend. If it cannot break through, it will continue to consolidate and pull back. Support below is at 15.5, key support at 14. If it can stabilize at 18 during the pullback, we can continue to look for upward movement; if it cannot stabilize, it will continue to pull back and test lower.