Bitcoin plummeted and then slowly rose, while altcoins plummeted but did not rise? $BTC Watch the video quickly to understand the current thinking#山寨季來了?
ETH breaks 3300! Aiming for 3500, what we discussed on Monday about ETH 3070 breaking through to start the altcoin season is correct, right? SOL and ADA/ONDO, which we have been laying low on, are also gradually taking off. Leveraged friends must take profits in batches. If you're unsure about the specific points, ask me, or you can also take profits based on the points I provided earlier! #山寨季何时到来? $ETH
Yesterday, Bitcoin emphasized that it would hit 12w, and it reached as expected on Monday. So I think the market is more likely to fluctuate at the moment. As for whether it will fall, it depends on the state of Bitcoin. The best result is to maintain the fluctuation of 123000-120000, so there is still the possibility of continuing to rise!
This week, there are a series of "crypto bills" that are passed, which is good news, and PASS is bad news. Students still need to pay attention to this point, but they still need to observe the market sentiment. In the case of extremely bullish and extremely high fees, the possibility of a callback to 115000 will increase significantly, but there is no need to panic. The market needs a reasonable callback. Our slogan is: callback to take more! Chase long low leverage to cover positions!
If Bitcoin continues to maintain "high-level fluctuations", altcoins still have a chance. It is necessary to pay attention to the "altcoin leader" ETH breaking through the 3070 weekly pressure level before we can see the arrival of the altcoin season!
Finally, our students who have floating profits should reduce their positions, and those who have not boarded the train should prepare to callback to take more! ! ! $BTC #BTC突破12万大关
How should we understand the outflow of spot? There are only two places to store spot: the exchange and the wallet, right? When you mention inflow, do you mean entering the exchange, and outflow means going to the wallet? I'm still not quite clear.
Bitcoin institutions are buying like crazy! Retail investors are selling like crazy! Note that 120,000 must be broken with volume, and the market is expected to rise unchanged$BTC
GOOD!GOOD!Yesterday we specifically emphasized that BTC's last chance to escape was at 106500~ just testing and rebounding again, everything was within our expectations~
So where is today's strategy? First, let's pay attention to the rebound situation of altcoins. The Godfather mentioned in the video that Bitcoin is in high-level fluctuations, and all altcoins (except ETH) have effectively retraced, with only Bitcoin not seeing a retracement. Could it be that there are too many bears? So if Bitcoin makes an upward push~ our opportunities will be in altcoins~ students, please pay a little attention.
From the perspective of liquidity, Bitcoin's short liquidity is in the range of 108800—109000, so after testing that area, we will have the opportunity to enter short! But please note, 110888 is our best entry point for shorting (although it may be difficult to hit). For those looking to go long, pay attention to the range of 104200—103300 before trying again, aligning knowledge and action, and continuing to maintain our previous views without changes~
In summary: Bitcoin has been consolidating at a high level for so long, the probability of an upward push is quite large, at least it needs to spike once before falling back. We can also shift our focus towards altcoins, but in any case, when it reaches 108800, definitely consider reducing positions~
We correctly judged Bitcoin yesterday again~ The range of 107700-108500 indeed held~ The direction of "pulling back after a surge" is not an issue~
Currently, Bitcoin has dropped to around 105500~ It has already broken below 106000, so the actual trend is still a downward trend, with the lower target looking towards 104500-103500.
However, it is important to note that during the FOMC meeting (Federal Reserve interest rate decision), there is still a chance for BTC to surge. If the meeting announces no interest rate cut, it will immediately drop~ Continuing to spike up and down!
Have you all noticed that the recent fluctuations of BTC are really large? Sometimes it's at 100600, sometimes at 110000, sometimes at 103000, sometimes at 109000~ Each of these is a fluctuation of over 5000 points~ So tonight we need to follow the rules, be a bit bolder, whether it's "going long at the low" or "going short at the high", and relax the take profit, otherwise, waking up might mean missing out on a few thousand points~ $BTC
1. Current bearish factors: Israel and Iran have initiated a full-scale war. This could lead to a rapid market decline.
2. Bullish factors (which also triggered a sudden surge in the early morning): The UK and Japan have agreed to negotiate with the United States regarding tariff issues.
3. From a personal perspective, I continue to maintain a bearish outlook. From a candlestick chart perspective, it has also reached a resistance level (refer to yesterday's video). From a news perspective, both China and the US have come to an agreement, and it is only a matter of time for the UK and Japan to do the same. There will be expectations for this.
Bitcoin's weekend has been another boring fluctuation; the 106500 we talked about is out of reach, but it actually touched it this afternoon!
Currently, Bitcoin has risen to around 106500, and it is likely to quickly drop after touching 107700—108200 upwards, starting a new round of decline~
It peaked near 108000, and after all trends ended, the U.S. Federal Reserve meeting began with a 'crash', with the first target for correction looking at 104000~ and the final correction target looking below 100000!!
A new week has begun, and Bitcoin has entered a new round of trends. It seems that a correction is 'inevitable'; one cannot blindly be optimistic after it has risen. Be patient and wait for the right opportunity~