With the price movement of bitcoin on the W frame, we can see that in the short term the trend is still bad for bitcoin, but in the medium term, BTC will bottom out in the 73-76 area before there is a wave of recovery back to the peak region. This is the major wave of this year and could be the final recovery wave of the market before entering a long-term downtrend $BTC
If this week's candle closes at 79k-80k as a red candle, then the downtrend will be confirmed and the 86k area will be a strong resistance zone (the peak will be in this 86k area) before a strong wave towards the 6x and 5x areas, and in the middle of next month if the weekly candle closes like that $CAKE
Currently, I have closed BNB purchases at the range of 550 and 510. The remaining portfolio only holds perpetuals, expecting a pump wave x3. For Flux, I will hold it long-term, gradually accumulating. The TRU is floating because I have closed the principal from the price increase at the end of 2024; the profit will be held long-term, waiting for a strong wave to rise new $BTC .
Yes, bnb is recovering very strongly. However, be cautious. Personally, I still think btc will rebound to 99k before a major downward wave begins. But we must remain cautious because MM directs according to the behavior of the crowd, not according to pre-programmed technical analysis, so there is still a possibility that the 86k btc area will drop sharply. We should have a plan to set stop loss or take partial profits for the unexpected scenario.
$ETH last season broke with BTC (W frame) at that time was when BTC had formed the second peak and officially experienced pain, but currently BTC has not broken the W frame yet ETH has shown signs of the bottom in 2023, so if BTC resets the game where will ETH go, will it break the bottom?
Bnb has recently increased. However, the market has not escaped the downtrend. Those who bought bnb at around 550 downwards should watch the 680 area. If you want to optimize profit waves, you can sell or take back your capital and wait for it to return to the 550 area to buy again. Take it slow to live long; greed only leads to losing money.
Based on the correlation between the BNB pair and $BTC , we can analyze the investment scenarios as follows:
Scenario 1: if bnb/btc rises, this indicates that bnb may increase significantly if btc remains stable or rebounds,
Scenario 2: bnb may hold its value when btc declines. Regardless of the direction, in this case, sheltering in bnb is the number 1 choice #TradingAnalysis
The dominance is rising to the previously calculated area, as recommended in the previous article, starting from BTC to test 80k, start to gradually accumulate. When the dominance reaches the peak, then invest 100% of capital, but with profit, you must at least take out the principal because there are no altcoins to compare to, even ETH is still confirming a downtrend on the technical aspect.
ETH has broken through, Trump has destroyed the market. ETH has just broken through a significant support zone while creating a double top pattern on the weekly frame. There will be some small rebound waves, but the final target for ETH will be the $1k zone for those who want to buy and hold ETH. However, if you still have money, I advise focusing only on BTC and $BNB .
The altcoin season will start in xxx days 🚀🚀🚀 History will repeat itself, … This is our altcoin season. Those scammers keep repeating their purpose, what are they trying to achieve? 🤣🤣🤣 Is it for engagement, or to reassure themselves?
15k vs many people not much, but if it takes 7 years of working to have it, then it's a large amount of money, holding that much should double or triple the savings, losing it all would be a disaster.
Feed-Creator- amateur
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All my assets have been lost, life is at a dead end, because I was naive to trust others, now I have nothing left.
What are you playing at, just listed and already faced with supervision, it's really like a joke, indeed only bitcoin is the real deal, the rest are all nonsense. Remember to buy btc at 30k next season, don't be greedy for altcoins anymore -))) By the way, btc is still rising to 99k -100k okay 58524935066
$TST go down further so I can continue with the cheapest meme market cap on Binance. CZ added liquidity LP, the first meme CZ bought. Hold spot, guys, don’t play futures.
Btc is still in the peak distribution phase, it hasn't crashed straight down yet. It's still at the point of returning to test the 80k area as mentioned in the previous post. Buy to aim for 99k-100k first. After the altcoin recovery wave from the bottom x3 x4, the downtrend will occur.
Don't worry, just cross and your wishes will be fulfilled 🤣
Edgar Tran Trader
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$TST go down further so I can continue with the cheapest meme market cap on Binance. CZ added liquidity LP, the first meme CZ bought. Hold spot, guys, don’t play futures.