Current Market: Current Price $0.6772, intraday decline of 1.54%;
• Technical Indicators: ◦ RSI(6): 68.17, neutral to bullish ◦ MACD: Bullish momentum is weak, volume contraction needs caution
Key Levels: • Support Level: 0.66-0.67 (24-hour low + psychological level) • Resistance Level: 0.70-0.71 (24-hour high + previous high resistance)
Market View: • If it stabilizes above 0.67, a short-term rebound may test the 0.70 resistance; • If it breaks down below 0.66 on increased volume, it may accelerate to test MA200 (0.589); • Currently, bulls and bears are at a standstill, insufficient volume limits direction, it is recommended to treat it with a range-bound mindset.
Trading Strategy: 1. Short-term Long Attempt: Enter lightly around 0.67, set stop loss at 0.65; 2. High Short Layout: If it encounters resistance at 0.70, consider going short, targeting 0.68.
The market is fluctuating and testing patience, avoid over-leveraging, it is recommended to wait for clear signals before increasing position size! #crv thumbs up!
#我已卖币 $UNI was cleared at the set price. Next, let's mine well. The annualized return on a 100U investment is 12%, and you can reinvest once it reaches 100. Keep it up, looking forward to flipping the account soon.
🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry. Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
4000 may not arrive until around the end of the month, and when it reaches 4000, many people will sell.
A风生水起靠自己
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Can this round of Yitai still rise? Now many people in the market are scolding Yitai for being rubbish and Erbing for not being good. My view is that this round of Erbing should be between 12,000 and 15,000. Let me share my personal opinion!
Yitai is still irreplaceable at present. At least I have not found any coin that can replace it. For those who say that Sol and XRP can surpass ETH, I only ask one question. As the leader of the cottage, can the rise and fall of the cottage drive the rise and fall of other cottages? Can Sol? Can XRP? Can ETH? The reason why so many people scold Yitai is not because they hold Yitai, but because if Yitai cannot rise, the cottage cannot rise. And those real big players, the main force, are still quietly blessing. Are they stupider than you? You think carefully!
In the last post, I said that the current situation is a head and shoulder bottom of a super long cycle. We will see 5800 first. During this period, there will be selling pressure and callback at 4000 and 4800. 2900 is the big bottom. I have also called for bottom-fishing many times. There is no need to split positions at this position. Just go all-in. Some people objected that the head and shoulder bottom has not yet formed and we have to wait for a breakthrough of 4100. Trading is based on expectations. I want to say that if we really wait for a breakthrough of 4100, then the opportunity will be lost. Then yesterday, it fell from 3472 to 3300 and many people called for a collapse again. I said that 3200-3300 is a strong support and we should go long boldly.
At present, the 4-hour level is in a central divergence, and a strong reversal signal appears at the bottom. The big positive line breaks through 3200 strongly, forming FVG at 3200-3300, which will attract the price back to this range again, that is, the 2 buy of the contract boldly enters the market. We put it into a 1-hour cycle and find that this area has a very standard 2B pattern, and the retracement does not break the previous low. For the current trading strategy, I choose to open a long position at 3291 at the market price, and the stop loss is placed at 3260. Once it leaves the cost range, push the protection first.
The above is purely personal key, thousands of people have thousands of faces, don't spray if you don't like it!
The overall direction of ETH belongs to the end of the pullback, and if it goes down further, the space is not very large.
From the overall trend, the complete wave of 4h has finished, and it has retraced to the 1.618 level, which is the previously mentioned 2928. Whether the daily pullback can go down further is debatable; even if it continues down, it would only be a few hundred points.
Both the 4h and daily charts are generally below the middle track, which is not a big issue. The daily position has retraced to the 0.816 level, and the space for further decline is limited. Just wait slowly for a bounce back after buying at 2900.
Chart 1 shows the 4h pattern, which is approaching the middle track position, having retraced to the 1.618 level at most. Chart 2 shows the daily pattern, having retraced to 0.816, with limited space at the 1.0 level, which is not necessary to focus on.
Chasing highs and cutting losses is a major taboo; grasping the trend is key. The first target point is likely to be reached, while the probability of the second target point is lower. If you want significant gains, you must take big risks. Technical analysis only increases the probability of estimating trends; the key is still accurately capturing the entry point. <币安王牌KOL专属群(笔谈)>
It's so hard to reach 4000, I haven't been able to reach it for several months.
加密鱼右右
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Ethereum (ETH) Price Analysis: Is the $6,000 Price Target Achievable?
The current trading price of ETH is $3,234, down 1% in the past 24 hours as the overall cryptocurrency market consolidates. The short-term outlook for Ethereum suggests significant volatility and potential upside.
According to analysts, if the Ethereum price enters this comprehensive value area, the next price targets include $3,400, $3,500, and $3,600. In a strongly bullish scenario, projections imply a short-term target of $4,000, possibly by the end of January 2025.
Due to the double liquidation setup, the analysis leans toward a bullish outlook. This technical pattern is characterized by long positions being liquidated as the price plummets. This drop attracts short positions, and as the price rebounds after hitting key support levels, the short positions are also liquidated. The double liquidation prior to this was a strong buy signal, leading to a rapid price increase to $3,800.
However, if the comprehensive price at which Ethereum is currently trading is rejected at lower levels, it may trigger a pullback to two key support levels of $3,100 and $3,000.
Ethereum's 30-day MVRV ratio indicates a high probability of price reversal at current levels. The MVRV ratio has been a key indicator for identifying overbought or oversold market conditions. When this ratio aligns with important support levels, it usually indicates that large investors may be looking to accumulate.
Reports indicate that multiple indicators are converging, enhancing the likelihood of increased buying activity, supporting this observation. These situations highlight a potential accumulation phase, with analysts pointing out that whale activity is a precursor to upward momentum. This is consistent with previous market trends, where a significant rebound followed a decline in MVRV.
Ethereum's price action suggests a possible rebound to $2,800, which could serve as a launch point for the $6,000 target. Analysts emphasize the ascending parallel channel, indicating a key support area near $2,800. #ETH #非农数据大幅超出预期
Uniswap [UNI] Strong Breakthrough Imminent! What is the Next Big Move for the DeFi Leader?
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Uniswap (UNI) continues to expand its dominant position in the decentralized exchange (DEX) market, with network activity surging from 36.8% to an impressive 91.3% in 2024. This growth has attracted over 45.3 million users, solidifying its status as the leading DEX platform.
Whales are buying in large amounts, market confidence is strong
Recently, a whale purchased 100,000 UNI for $1.42 million USDC, at a price of $14.24, further highlighting investor confidence in UNI. Although UNI's current price is $13.07, down 4.07%, key price support levels may determine its future trend.
Key price levels: Can it break through?
UNI's price chart shows significant breakthrough potential, forming a symmetrical triangle pattern. Typically, this structure indicates that a major price movement is on the horizon, especially after retesting the $12 resistance level; breaking this level could push UNI above $20, creating significant upside potential. However, recent selling pressure emphasizes the need for sustained buying momentum.
On-chain indicators bullish: Users and whales continue to flow in
UNI's on-chain data is optimistic. The net network growth rate has risen by 0.22%, indicating a large influx of new users; whale activity remains stable, and concentration has increased. Although the 'in-the-money' indicator has slightly declined, indicating some profit-taking behavior among investors, overall network activity still shows strong buying power.
Exchange reserves have slightly increased by 0.21%, reaching 70.22 million. While this suggests low selling pressure, this increase may also indicate some bearish sentiment.
Technical indicators: Breakthrough imminent?
In terms of technical analysis, the Average Directional Index (ADX) is at 26.77, indicating moderate trend strength. Although the 9-day moving average is below the 21-day moving average, suggesting bearish sentiment, the symmetrical triangle structure indicates that if the key price range is broken, it could trigger new bullish momentum.
Cannot fall and look bearish when it rises, each KOL has their own trading logic, but overall, one still needs to have their own judgment on the general trend. Regardless of right or wrong, one must acknowledge it; one cannot admit being wrong only when it is right. After all, no one is a god; as long as one doesn't get liquidated, stop-loss is a minor issue. 😂😂
Strict stop-loss is the best calming agent for contracts and the fundamental rule for long-term trading. Just like the profit-loss ratio mentioned yesterday, as long as the profit-loss ratio is high enough, even a 20% win rate can still be profitable. With a low profit-loss ratio, what does an 80% win rate matter? 😓😓
BTC started to rally without volume near 100,000 over the weekend, advising not to enter positions. It later surged to 108,000, which was unpredictable. A no-volume rally can push up 8k; who could foresee that? However, the subsequent pullback was expected. I personally have always believed that there would be a daily-level pullback, going through an adjustment wave and overall downward movement.
Specifically, the rebound positions based on Fibonacci are at 0.382, 0.5, and 0.618, with the final rebound around 99,000, which is between 0.382 and 0.5, before continuing downwards. Overall, the trend analysis leads to a rather ironic statement: one wants to rise, or fall, without ruling out the possibility of sideways movement. Of course, this is also a common flaw among analysts, wanting everyone to be aware of the risks. Contract trading is very different from spot trading; it is more real-time, with higher and faster trading frequency, and lower tolerance for errors. This requires both the trader and the follower to keep a close watch on the market in real-time, to communicate specific trading logic and ideas, and to cultivate a kind of tacit understanding, which definitely cannot be developed without a period of following.
There are no absolute longs or shorts in contracts. Most retail traders are day traders, meaning they prepare to close positions within a few hours. Such trades look at 4-hour and daily charts, and few can hold onto them. Even if they do, they will frequently stop-loss. Therefore, traders mostly operate around support and resistance levels rather than so-called trend trades. Consequently, for most questions like where to short, where to long, and how much to look at, I can only say that excluding the trading cycle, asking about long or short is just nonsense.
Everyone has different reasons for trading but the same goal: making money. However, one should not have the mentality of turning a few hundred U into tens of thousands. How high of a win rate and how much capital is needed to achieve a 100-fold increase? It’s better to be a bit more rational, aiming to turn a few thousand into tens of thousands with effort still holds great hope.
4h is in the 5th wave of the pushing 5 waves, according to the 1.618 position at 21.906, while forming a double top pattern, the neckline is at 14, and the current price is at halfway up the mountain. The specific trend is shown in the picture.
Combined with the daily line, it is in the transformation between the 5th wave and the a wave pattern, with some upward space, but relatively not large.
4h is in the 5th wave of the pushing 5 waves, according to the 1.618 position at 21.906, while forming a double top pattern, the neckline is at 14, and the current price is at halfway up the mountain. The specific trend is shown in the picture.
Combined with the daily line, it is in the transformation between the 5th wave and the a wave pattern, with some upward space, but relatively not large.