web3-良丞

Reviewing is not about deifying predictions
but rather about those marked
with 'breakthrough' and 'pullback'
eventually becoming muscle memory
when the market dances the familiar tango again
you will be able to step to every rhythm⚡️

Thank you to the Binance team for sending tonight's pizza. #币安披萨节

Dragon Boat Festival gives mooncakes, what do we give during the Mid-Autumn Festival? #BinanceMooncake

Market Analysis:
Viewpoint: Ethereum Pullback Continues to Favor Long Positions
1. In the 1-hour candlestick chart, the price has formed a candlestick with a significant long upper shadow, accompanied by large trading volume. Although the price surged quickly during the day, it ultimately failed to maintain a high position and instead fell sharply, resulting in a long upper shadow.
This phenomenon indicates that the market encountered resistance during the upward movement, with a large number of positions choosing to take profits at this price level. In this case, the price is likely to enter a pullback phase in the short term, and it is not advisable to blindly chase the rise; instead, one should be cautious of the potential downside risks in the market.
2. Intraday support is at the 2580 region, and this position should be monitored for support during the day. If the price pulls back to this level, first observe whether there are clear signs of a stop-loss (long lower shadow, stabilization of bullish candlesticks after a decline in volume). This is considered a potential entry opportunity for long positions.
a. It is important to note that if the price breaks below the 2580 support with increased volume, abandon the long position!
b. Confirmation signal: Avoid entering based solely on the price touching support; wait for a solid candlestick confirmation of a bullish reversal.

Before every sideways upward movement, there will be a liquidity grab process, where large institutions create false breakdowns to trap retail investors.

$ETH 5.22 Intraday Trading Strategy
ETH has attempted to break above 2603 five times without success. Here, influenced by the divergence of the 4-hour moving average, a further upward move may directly break through and form a larger upward wave.
Trading Advice: In the morning session, a short position can be taken at 2603, with a stop loss at 2614 and a target at 2546.
If trading signals appear in the 2546-2498 range, go long with targets at 2631 and 2707, and a defensive stop at 2442.

Misty Rain in Jiangnan

$ETH 5.21 Daily Review
ETH confirmed the bullish trend yesterday and provided two opportunities. The first occurred at 2527.96 with a long signal, and the second at the important support levels of 2483 and 2442.
According to yesterday's trading suggestions, go long at 2527.96 and close at 2582.18.
Capital: 5000u Position: 20% Leverage: 100% Return: 200% Profit: 2000u
Second opportunity: go long at 2463 and close at 2597.99.
Capital: 5000u Position: 20% Leverage: 100% Return: 519% Profit: 5190u

$BTC 5.21 Day Trading Strategy
Yesterday, BTC broke through 105982 and successfully held after a pullback. It will continue to rise from here, establishing a high consolidation range. The ideal entry point for buying is around 104938, but based on BTC's recent momentum, there shouldn't be such a deep pullback.
Trading Suggestion: Within the range of 105982-104938, enter long positions when trading signals appear. Target historical high point 109988.

$ETH 5.21 Strategy Analysis
After forming a bottom divergence on the 4-hour chart, there was an upward breakout of the trend line. After a pullback to 2442 yesterday, it did not break down and chose to continue rising, which may indicate a turning point. This wave of 4-hour pullback is about to end, forming a new upward trend. Support levels are gradually rising, and resistance levels are being broken one by one. In a volatile market, it's important to grasp the rhythm; the upward trend will only be confirmed after stabilizing above 2546.
Key focus points: Support 2483, 2442
Resistance 2546, 2655, 2750

520 Review

View: Small-scale Ethereum will be hindered in the 2550 area and return to the 2490 area for a new round of range oscillation. After the price reaches the 2550 area accompanied by increased volume, we will temporarily refrain from shorting $ETH

We also have achievements, you know?

$ETH 5.20 Intraday Trading Strategy
The 4-hour chart is currently still in a downward pullback phase. Yesterday, there was a bullish divergence at the 4-hour level, which could indicate the end of the pullback. Therefore, it is expected to oscillate within the 2546-2442 range before choosing a breakout direction.
Trading suggestion: The situation is quite volatile, enter and exit quickly. Continue to hold short positions in the morning session.
If it does not break 2546, it will directly break up to 2578, wait for a pullback to go long.
If it breaks down through 2546, a pullback can be used to go short, with the first target at 2483 and the second target at 2442.
If 2442 is not broken, exit short positions and enter long positions.
If it breaks down through 2442, wait for a pullback to continue shorting.
Short position stop loss: 2587 Long position stop loss: 2427

$btc5.20 Intraday Trading Strategy
Yesterday, after quickly pulling back from the upward breakthrough of 105982, the resistance here is still very strong. A pullback is needed before continuing to push upwards.
Trading Suggestions: Short at the pullback to 105982, with the first target at 104938 and the second target at 104160. Stop loss at 106553 (short is a pullback order; exit decisively on any reversal or market change signals).
A pullback to around 104160 can be a buy opportunity, with a target of 105981 and a stop loss at 103733.

Mount Jiuhua - Breaking the Tai Sui

Trump is a genius trader, he is both an athlete and a referee. What Buffett and Livermore are just small fry.

Successful Bottom Fishing! #sol #Bear🐻

I haven't made a penny from trading coins, and I have to keep an eye on the international situation every day. I'm so exhausted 😔

The imitators of Act caught up quite quickly