Two Pie 1 Hour Level The large bearish trend has not finished. A small 15-minute bullish trend has begun. During the day, we will follow the 1-hour level to short on rallies.
There is a gap above that needs to be filled; first, pay attention to this gap position to find opportunities to short (2580-2620 area).
In day trading, what should you pay the most attention to?
In day trading, what should you pay the most attention to? Many people do day trading, and the most troublesome thing is 'watching the market too closely.'
Eyes glued to the screen, with the market fluctuating wildly, your heart is also restless. Unknowingly, you’ve been 'taken away by the market’s rhythm,' completely forgetting what you originally wanted to do.
What’s the result? Often, it’s blindly chasing the ups and downs, with emotions following the candlesticks. In the end, it often results in significant losses. Therefore, what you should really pay the most attention to in day trading is 'to prepare a plan in advance.'
$ETH On the night of May 20, Ethereum filled the gap below (2440) and began to rise; currently, the price is near the resistance level in the 2550 area; the intraday strategy is mainly to buy on dips, looking for a breakthrough in the 2550 area.
Long entry opportunities: Hourly support at the 2490 area, a pullback to this area with a slowdown in price decline; if the candlestick body price narrows + corresponding volume expands, you can enter a long position! Looking for a breakthrough in the 2550 area with a second target at 2600 and a stop-loss at 2460.
$ETH Daily View 1. Ethereum forms a support and resistance exchange zone at 2530. The left arrow indicates the high point of a natural rebound after panic selling; after a price drop this morning, it rebounded to this area and then fell again with increased volume. Continue to monitor the 2530 area for a breakout today.
2. The right arrow corresponds to the K-line where volume amplifies and price fluctuations narrow. There is a large amount of buying in the 2300 area. Continue to monitor this area today.
$ETH Don't rush to go long Ethereum has experienced a wave of overselling, but there hasn't been a signal of a strong rebound in the candlestick chart. Instead, it is consolidating in the 2480-2500 range. The bullish rebound is weak.
We can pay attention to the 2430 area during the day and observe the candlestick dynamics at this position.
1. Hourly Ethereum is fluctuating upward (the bottom position is rising) 2. Pay attention to the breakout situation in the red area during the day (2640 area). This area coincides with the middle track position and is the high point of the previous low rebound; there is some selling pressure at this position.
3. If a shooting star appears in the 2640 area accompanied by increased volume, a small position can be taken to short, with a stop loss at 2680 and a take profit in the 2570 area.
4. Long entry opportunity in the green area (2500). If the price reaches this position with increased volume and the K-line body volatility narrows, wait for the next bullish K-line to enter a long position in the trend, with a stop loss at 2480 and take profit at 2550-2640 in batches.
The Ethereum 1550-1530 area has not been broken; during the night, we tested this support position again and started to rebound! Today's previous high (1680) has potential.
April 11 Cryptocurrency Market Update: Intensified Long and Short Battle, [Focus on Key Levels!] Includes Precise Strategies + Risk Warnings
I. Market Analysis 1. Bitcoin (BTC) experiences violent fluctuations. Yesterday's intraday fluctuation range: lowest near $78,500, highest reached $83,500, with a 24-hour decline of about 6%, current price in the $80,000 range. Key resistance/support: short-term resistance at $82,000 (daily Bollinger middle track), support at $79,500 (around the 50% position of a large bullish candle and resonance at the neckline position). 2. Ethereum (ETH) follows with a rebound. Yesterday's fluctuation range: lowest $1,475, highest $1,670, current price around $1,540, with a 24-hour decline of about 12%. Key intraday resistance/support: resistance at $1,600, support at $1,500.
The candlestick must closely follow the trend line; if the price of DOGE fails to break through the level of $0.1770, it may decline again. The initial key support level on the downside is at $0.1550 $DOGE #合约养家
3.31 Bitcoin falls below $80,000, potentially triggering $520 million in long liquidations! Fear index at 34 + tariff risks exacerbate crypto market turmoil.
1. If Bitcoin falls below $80,000, the cumulative long liquidation intensity on mainstream CEXs will reach $529 million. On March 31, according to Coinglass data, if Bitcoin falls below $80,000, the cumulative long liquidation intensity on mainstream CEXs will reach $529 million. Conversely, if Bitcoin breaks above $84,000, the cumulative short liquidation intensity on mainstream CEXs will reach $939 million.
2. The market maintains a 'panic' sentiment, with today's cryptocurrency fear and greed index at 34. On March 31, according to Alternative data, today's cryptocurrency fear and greed index is 34, maintaining a 'panic' state. Last week's average was 45 (panic), and last month's average was 20 (extreme panic), indicating continued low market sentiment.
3.29/Bitcoin breaks support, U.S. FDIC relaxes bank cryptocurrency activities! How to operate now?
The U.S. relaxes restrictions on bank cryptocurrency activities, and the new regulations eliminate the FDIC's prior approval requirement: The Federal Deposit Insurance Corporation (FDIC) issued new regulations on March 29, allowing banks to engage in cryptocurrency-related activities without prior regulatory approval. This policy shift marks a significant change in the attitude of U.S. financial regulators towards digital assets. FDIC Acting Chairman Travis Hill stated that this adjustment aims to support financial innovation and remove barriers for banks participating in blockchain and cryptocurrency projects. The new regulations abolish the previous requirement for banks to report cryptocurrency activities in advance, reflecting a reassessment of the restrictive policies implemented after events such as the 2022 Terra stablecoin crisis.
From the 4-hour chart, SOL is currently maintaining an upward trend, but the current price level may still need to complete a pullback correction. It is recommended to pay close attention to the price reaction in the support area of $136. $SOL
The resistance target above is $146, and subsequent movements need to observe the breakout situation.
$BTC I never envy the high returns of others. As an outsider, I can only see the current account returns of others, but I cannot see the effort and sweat they put in behind the scenes. I cannot truly understand the pain and anxiety they have experienced from countless liquidations. Still, it is said that in the trading market, those who can laugh last are definitely the risk managers, and more importantly, they are those who control their own emotions. #Trading