一缕曙光-老K
自创裸K技术，精准把握二级市场抄底逃顶，带领大家摆脱韭菜命运，成为老韭菜避免踩坑，缔造币圈神话。老微博：一缕曙光-老K 新微博：一缕曙光-K神 推特：老韭菜-老K 推特ID：@laojiucai123
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Is this year the start of a bull market in the cryptocurrency circle, or a continuation of the bear market?
Hello everyone, I won’t go too much into self-introduction here.
The market at the beginning of this year is not very optimistic, especially under the influence of last year's trends and the state of stagnation. As the year began, many seasoned investors started to lose confidence, causing many to avoid this market and hold no hope. New investors are even more afraid to enter, meaning no off-market funds are coming in. Those in the market who have not cut their losses can only wait; they are too afraid to act. Thus, there is no apparent movement from either off-market or on-market funds, leading to a situation where off-market funds are hesitant to enter, while on-market funds are reluctant to act, causing the market to become lethargic. I have repeatedly said that this market is controlled by capital, essentially a retail investor market. However, relatively speaking, this market does have a certain wealth effect because only the wealth effect can drive off-market funds to enter, creating a certain level of market activity, which will subsequently increase trading volume and lead on-market funds to move. The current market is stagnant, but I firmly believe there will be market activity this year, and it may initiate a bull market. Do not discard your chips; this year is your long-awaited altcoin season.
The market at the beginning of this year is not very optimistic, especially under the influence of last year's trends and the state of stagnation. As the year began, many seasoned investors started to lose confidence, causing many to avoid this market and hold no hope. New investors are even more afraid to enter, meaning no off-market funds are coming in. Those in the market who have not cut their losses can only wait; they are too afraid to act. Thus, there is no apparent movement from either off-market or on-market funds, leading to a situation where off-market funds are hesitant to enter, while on-market funds are reluctant to act, causing the market to become lethargic. I have repeatedly said that this market is controlled by capital, essentially a retail investor market. However, relatively speaking, this market does have a certain wealth effect because only the wealth effect can drive off-market funds to enter, creating a certain level of market activity, which will subsequently increase trading volume and lead on-market funds to move. The current market is stagnant, but I firmly believe there will be market activity this year, and it may initiate a bull market. Do not discard your chips; this year is your long-awaited altcoin season.
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Brothers, do you want to increase your password?
Let me predict the market for next March
BTC, one is expected to cost 8-10, and is expected to exceed 100,000.
ETH, estimated to be 3600-4000 per piece, possibly 4000-4500 per piece
BNB, estimated to be over 600, maybe 800-1000 per piece
Bet: Latiao, please place your bets
Let me predict the market for next March
BTC, one is expected to cost 8-10, and is expected to exceed 100,000.
ETH, estimated to be 3600-4000 per piece, possibly 4000-4500 per piece
BNB, estimated to be over 600, maybe 800-1000 per piece
Bet: Latiao, please place your bets
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May 22nd - Old Investor Talks Coins: BTC Breaks Through 110,000, ETH Still Stagnant, What's Next?
Market Review and Analysis
The BTC market experienced a harsh pullback last night, but it quickly returned to its original point and even broke through to a new high, heading straight for the 110,000 level. This has increased market enthusiasm, and everyone is selectively looking at the rebound of ETH and altcoins. The signals of a market surge are definitely strong, and many people are bullish now, just as they were bearish a few days ago when the market was down. Since the major coin has broken through a new high, naturally, some will be bullish. It's like after we cleared our positions on the 14th, a few days later when the market slightly dropped, people were bearish, and upon a slight rebound, they quickly turned bullish. This is the current market sentiment. However, my view remains unchanged; during the bottom phase, I recharged my faith, and after the major and second coins reached their targets, I began to clear my positions. If we exclude the major coin's current price, the rest are basically cleared at their highest positions, and they haven't returned to the prices at which we cleared. If we look solely at the major coin, it has surpassed that range because at that time, the target was around the 106,000-108,000 range, and when clearing, it should have been in the 104,000-105,000 range, with ETH below 2700. As for altcoins, we can just observe them for now. To be cautious, especially with BTC's current high price, many people are bullish, targeting 120,000 or 150,000, and even some are looking directly at 200,000. Of course, I am taking it step by step.
The BTC market experienced a harsh pullback last night, but it quickly returned to its original point and even broke through to a new high, heading straight for the 110,000 level. This has increased market enthusiasm, and everyone is selectively looking at the rebound of ETH and altcoins. The signals of a market surge are definitely strong, and many people are bullish now, just as they were bearish a few days ago when the market was down. Since the major coin has broken through a new high, naturally, some will be bullish. It's like after we cleared our positions on the 14th, a few days later when the market slightly dropped, people were bearish, and upon a slight rebound, they quickly turned bullish. This is the current market sentiment. However, my view remains unchanged; during the bottom phase, I recharged my faith, and after the major and second coins reached their targets, I began to clear my positions. If we exclude the major coin's current price, the rest are basically cleared at their highest positions, and they haven't returned to the prices at which we cleared. If we look solely at the major coin, it has surpassed that range because at that time, the target was around the 106,000-108,000 range, and when clearing, it should have been in the 104,000-105,000 range, with ETH below 2700. As for altcoins, we can just observe them for now. To be cautious, especially with BTC's current high price, many people are bullish, targeting 120,000 or 150,000, and even some are looking directly at 200,000. Of course, I am taking it step by step.
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May 21st Old Players Discuss Coins: BTC Soaring Alone, ETH Weakness, Will There Be a Follow-Up Rally?
Market review and analysis
BTC is currently in an independent market trend. The daily level closed yesterday with an upward pin bar but with a small bullish close. Today, it directly fills this trend, and under normal circumstances, BTC's performance is likely to show an upward rhythm. Although today's new high is not very high, the volume is relatively strong, and there is no selling pressure at this position. However, considering the overall market, there is currently no significant volume environment, and the market is still in a weak phase. The view on the current market remains unchanged, especially in the current phase of ETH's trend. Yesterday's close had an upward pin bar, but today's further push lacks BTC's strength. Overall, it is advisable to remain in cash and wait. If BTC begins to pull back, it will certainly lead to a significant stage of correction, which presents another opportunity for us to enter. Be patient and do not let slight market fluctuations affect your current perspective and initial decisions. Although BTC is strong, it does not mean the market is very strong.
BTC is currently in an independent market trend. The daily level closed yesterday with an upward pin bar but with a small bullish close. Today, it directly fills this trend, and under normal circumstances, BTC's performance is likely to show an upward rhythm. Although today's new high is not very high, the volume is relatively strong, and there is no selling pressure at this position. However, considering the overall market, there is currently no significant volume environment, and the market is still in a weak phase. The view on the current market remains unchanged, especially in the current phase of ETH's trend. Yesterday's close had an upward pin bar, but today's further push lacks BTC's strength. Overall, it is advisable to remain in cash and wait. If BTC begins to pull back, it will certainly lead to a significant stage of correction, which presents another opportunity for us to enter. Be patient and do not let slight market fluctuations affect your current perspective and initial decisions. Although BTC is strong, it does not mean the market is very strong.
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Everyone should take a look at the posts from a few days ago.
Don't just feel good because it has risen a little or be afraid of this or that.
Many people are now starting to look at imitation seasons or talking about how high BTC will go, how high ETH will go.
Currently, I haven't noticed any significant volume in the market; it's all about rising when it's up and falling when it's down.
It's the same reasoning as at the bottom; during the bottom phase, everyone considers whether it will drop further.
Now that it has risen, as long as it doesn't drop significantly for a day, or there's no daily drop, people will start to think about whether there will be a bull market.
The market is meant to torment you; the crypto world makes you chase when prices go up and forces you to cut losses and short when they go down.
This way, there will be retail investors who chase up and sell down; otherwise, how would the whales survive?
Just be patient and wait; the market won't give you everything at once.
Don't just feel good because it has risen a little or be afraid of this or that.
Many people are now starting to look at imitation seasons or talking about how high BTC will go, how high ETH will go.
Currently, I haven't noticed any significant volume in the market; it's all about rising when it's up and falling when it's down.
It's the same reasoning as at the bottom; during the bottom phase, everyone considers whether it will drop further.
Now that it has risen, as long as it doesn't drop significantly for a day, or there's no daily drop, people will start to think about whether there will be a bull market.
The market is meant to torment you; the crypto world makes you chase when prices go up and forces you to cut losses and short when they go down.
This way, there will be retail investors who chase up and sell down; otherwise, how would the whales survive?
Just be patient and wait; the market won't give you everything at once.
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May 20: Veteran Investor Talks Coins: Is BTC's New Surge and ETH's Recovery Indicating Market Recovery or Just a Brief Resurgence?
Market Review and Analysis
BTC closed yesterday's daily line with a doji and received a bearish candle. Today, there’s a direct rebound to challenge yesterday's high. During this process, ETH has also recovered all of yesterday's losses. The direct closing of yesterday's lower wick ended with a half bearish state. For the market, everyone surely sees hope and feels this market is about to take off, especially with BTC aiming for the 110,000 position. Now, it’s not far from 110,000, just 3000-4000 USD away, while ETH is significantly different. We cleared our positions at the earlier high of over 2700 down to the current lowest of 2300, without any substantial rebound. Especially currently, the altcoin market shows a very weak performance. Looking at the overall situation, only BTC is slightly stronger because it didn’t have a significant drop during the downtrend. However, during the rebound, BTC directly broke new highs, while ETH just returned close to the 2600 position. Such a market situation makes those who are out of positions uncertain about what to do, as they are worried about missing out or fear that this market will just go up. This is also a psychological struggle. Now, looking back to see if the altcoins you cleared have returned to your previous positions, or for ETH, apart from BTC, basically, altcoins are still fluctuating about 10 to nearly 20 percentage points around their earlier highs. ETH is slightly better now, just less than 10 percentage points away from the previous high. Thus, this process takes time; it won't drop to the bottom in one go and allow you to buy in at the bottom and wait for a few days for it to rise. Similarly, if you wait for a day without an increase or have a slight decline, you panic. If you cleared at a high point, as long as it doesn't drop to a position, any slight fluctuation makes you panic about missing out. This is the mentality of everyone in the crypto circle.
BTC closed yesterday's daily line with a doji and received a bearish candle. Today, there’s a direct rebound to challenge yesterday's high. During this process, ETH has also recovered all of yesterday's losses. The direct closing of yesterday's lower wick ended with a half bearish state. For the market, everyone surely sees hope and feels this market is about to take off, especially with BTC aiming for the 110,000 position. Now, it’s not far from 110,000, just 3000-4000 USD away, while ETH is significantly different. We cleared our positions at the earlier high of over 2700 down to the current lowest of 2300, without any substantial rebound. Especially currently, the altcoin market shows a very weak performance. Looking at the overall situation, only BTC is slightly stronger because it didn’t have a significant drop during the downtrend. However, during the rebound, BTC directly broke new highs, while ETH just returned close to the 2600 position. Such a market situation makes those who are out of positions uncertain about what to do, as they are worried about missing out or fear that this market will just go up. This is also a psychological struggle. Now, looking back to see if the altcoins you cleared have returned to your previous positions, or for ETH, apart from BTC, basically, altcoins are still fluctuating about 10 to nearly 20 percentage points around their earlier highs. ETH is slightly better now, just less than 10 percentage points away from the previous high. Thus, this process takes time; it won't drop to the bottom in one go and allow you to buy in at the bottom and wait for a few days for it to rise. Similarly, if you wait for a day without an increase or have a slight decline, you panic. If you cleared at a high point, as long as it doesn't drop to a position, any slight fluctuation makes you panic about missing out. This is the mentality of everyone in the crypto circle.
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The downward trend of BTC and ETH has already been established.
It just depends on when BTC will break below the defensive level of 100,000.
ETH has recently retreated quite a bit, but there have also been many downward spikes.
Due to its weak performance, there is still a lot of space below.
For us, who are currently in cash, we have already outperformed over 90% of the market.
It just depends on whether we enter the market at the bottom or halfway up the mountain.
But as of now, regardless of how we enter the market later, we have already won half of the battle.
It just depends on when BTC will break below the defensive level of 100,000.
ETH has recently retreated quite a bit, but there have also been many downward spikes.
Due to its weak performance, there is still a lot of space below.
For us, who are currently in cash, we have already outperformed over 90% of the market.
It just depends on whether we enter the market at the bottom or halfway up the mountain.
But as of now, regardless of how we enter the market later, we have already won half of the battle.
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May 19th: Veteran Investor Talks Crypto: What Does BTC's Strength Mean? Will ETH's Weakness Break Below 2000 Again?
Market Review Analysis
The BTC market was relatively strong yesterday, giving many people hope. It closed with a solid bullish candle, and today it surged to the previous resistance zone of 106000-108000. A sharp drop occurred in this process, highlighting ETH's weakness. Although yesterday ETH closed with a solid bullish candle, it was not as strong as BTC; it merely made up for the losses from the previous day without stabilizing around the 2600 mark, only touching it briefly. Today, it began to plummet, hitting around 2300. As mentioned in last Friday's morning review, if it breaks 2420, it would lead to a significant drop. However, BTC's strength allowed the market to recover a bit, quickly bouncing back. The market shouldn't react too dramatically; it’s still not time to jump in. As previously mentioned, the process after we sold at the peak is tough; any minor increase raises fears of missing out. We must avoid having any empty positions. Any minor rebound feels like the market is recovering. If we can't control this mindset, we'll end up losing everything, similar to the bottom-fishing mentality. People become accustomed to being trapped; they know not to cut losses, but they also need the patience to wait with empty positions. It’s not about preferring to be trapped rather than missing out; if the market keeps falling, they’ll wish they had missed out instead of being trapped. There are no guarantees in crypto; every step needs to be planned. There are pros and cons—what if you miss out? If it drops significantly and you're in cash, how will you allocate your positions? We should have a strategy before making decisions. Currently, our cash position is about waiting and not being influenced by market emotions. Many people likely became optimistic again yesterday; this group tends to sell at the bottom, become bullish when prices rise, and turn bearish with minor declines. Now they’re bullish again, but they are not steadfast. I have been waiting since I sold out, focusing on the upcoming time frame of the 21-23 range.
The BTC market was relatively strong yesterday, giving many people hope. It closed with a solid bullish candle, and today it surged to the previous resistance zone of 106000-108000. A sharp drop occurred in this process, highlighting ETH's weakness. Although yesterday ETH closed with a solid bullish candle, it was not as strong as BTC; it merely made up for the losses from the previous day without stabilizing around the 2600 mark, only touching it briefly. Today, it began to plummet, hitting around 2300. As mentioned in last Friday's morning review, if it breaks 2420, it would lead to a significant drop. However, BTC's strength allowed the market to recover a bit, quickly bouncing back. The market shouldn't react too dramatically; it’s still not time to jump in. As previously mentioned, the process after we sold at the peak is tough; any minor increase raises fears of missing out. We must avoid having any empty positions. Any minor rebound feels like the market is recovering. If we can't control this mindset, we'll end up losing everything, similar to the bottom-fishing mentality. People become accustomed to being trapped; they know not to cut losses, but they also need the patience to wait with empty positions. It’s not about preferring to be trapped rather than missing out; if the market keeps falling, they’ll wish they had missed out instead of being trapped. There are no guarantees in crypto; every step needs to be planned. There are pros and cons—what if you miss out? If it drops significantly and you're in cash, how will you allocate your positions? We should have a strategy before making decisions. Currently, our cash position is about waiting and not being influenced by market emotions. Many people likely became optimistic again yesterday; this group tends to sell at the bottom, become bullish when prices rise, and turn bearish with minor declines. Now they’re bullish again, but they are not steadfast. I have been waiting since I sold out, focusing on the upcoming time frame of the 21-23 range.
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The trend of BTC seems to be breaking below the 100000 mark in the next couple of days. Everyone should pay attention and see if it can break through in one go.
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The principle of escaping at the peak is the same as buying at the bottom. During the bottom phase, when buying in, one hopes for an immediate surge in prices like a bull market. Conversely, when escaping at the peak, one hopes for an immediate drop to re-enter the market. This reflects the dynamics of human nature in the market. A common saying is that when trapped, people prefer to miss out rather than be stuck, and when clearing out at the peak, as long as the market doesn’t drop significantly, they would rather be trapped than miss out. This highlights human nature and mentality.
The market won’t always drop after you’ve cleared out at the peak, nor will it necessarily rise right after you buy at the bottom. During this process, many believe they are the chosen ones. Even a slight increase after buying at the bottom can make them feel invincible, but in reality, a minor rebound is merely a signal to tempt further buying. This mindset also applies to waiting after clearing out; even a small rebound can trigger the fear of missing out.
In the cryptocurrency world, remember this phrase: don’t buy high, don’t sell low; buy more as prices drop and buy more as prices rise. If you grasp this rhythm, you won’t incur losses. Always remember the saying from K: buy significantly during a surge, sell significantly during a drop. Buy when no one else is interested, sell when everyone is clamoring.
Every experience is a way to accumulate your own knowledge, and I hope everyone achieves good returns in this market.
Respect to all K family members.
The market won’t always drop after you’ve cleared out at the peak, nor will it necessarily rise right after you buy at the bottom. During this process, many believe they are the chosen ones. Even a slight increase after buying at the bottom can make them feel invincible, but in reality, a minor rebound is merely a signal to tempt further buying. This mindset also applies to waiting after clearing out; even a small rebound can trigger the fear of missing out.
In the cryptocurrency world, remember this phrase: don’t buy high, don’t sell low; buy more as prices drop and buy more as prices rise. If you grasp this rhythm, you won’t incur losses. Always remember the saying from K: buy significantly during a surge, sell significantly during a drop. Buy when no one else is interested, sell when everyone is clamoring.
Every experience is a way to accumulate your own knowledge, and I hope everyone achieves good returns in this market.
Respect to all K family members.
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The daily closing performance is quite good.
BTC has stabilized at 96,000, waiting to attack the 98-100,000 range.
ETH has also fully stabilized at the trendline of 1,800, now just waiting to attack the 2,000-2,200 range.
S has performed well this time, keeping up with the rhythm and grasping this market trend.
BTC has stabilized at 96,000, waiting to attack the 98-100,000 range.
ETH has also fully stabilized at the trendline of 1,800, now just waiting to attack the 2,000-2,200 range.
S has performed well this time, keeping up with the rhythm and grasping this market trend.
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Happy Labor Day, brothers
The market has been fluctuating recently; we just need to wait for a breakout to go up
The monthly close is still pretty good; let's see how this week closes
According to the expected points, it is possible to break 96000 soon
ETH is relatively weak; if Bitcoin breaks, the second coin is likely to reach the resistance zone of 1920-1880.
The market has been fluctuating recently; we just need to wait for a breakout to go up
The monthly close is still pretty good; let's see how this week closes
According to the expected points, it is possible to break 96000 soon
ETH is relatively weak; if Bitcoin breaks, the second coin is likely to reach the resistance zone of 1920-1880.
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Old Investors on April 30th Discussing Coins: The Monthly Line is About to Close, BTC and ETH May See Gains Today
Market Review and Analysis
Yesterday, BTC closed with a bullish line, fluctuating in the early morning. On the daily level, it has begun to gain momentum, but currently, the daily trend is still in a small-scale fluctuation market, without a sustained breakout above 96000. With the daily level showing fluctuations, the four-hour level's fluctuations are even more evident. However, looking at the four-hour level, the volatility is slightly larger. Based on the current daily trend, it is about to break above 96000 points and continue to surge. ETH also saw a bullish close yesterday, with a relatively small fluctuation on the daily level. Based on the current trend, ETH only needs one wave of upward movement to reach the 1960-2000 range or directly break above 2000 to attack the 2100-2200 range. The current trend appears to be consistently bullish, so today may directly close with a bullish line, making the monthly trend very perfect. We will also see how May starts, whether it will first pull back and then rebound, or directly surge and then adjust afterwards.
Today's Highlights
BTC touched the support near 93600 in the morning and began to rebound, which aligns with the support level of 930-93600 that has been indicated recently. It is currently fluctuating in the 93000-96000 range, waiting for a breakout at 96000 to open up upward space. The current support level remains unchanged in the 930-93600 range. If we look at the four-hour level's trend, there is no need to pay too much attention to the support level, and we can directly focus on the upper 96000 points. If it breaks above 96000 today, it will directly target around 98000 points. Therefore, on the daily level, we can directly expect a rebound today.
ETH's morning pullback did not reach the support level near 1760 and rebounded, with a low of around 1780. Under the conditions of fluctuations in both the four-hour and daily levels, the rebound occurred without touching the support level, and the degree of upward movement can be amplified a bit. First, we look at the 1860-1920 range, and then look at the 1960-2000 range. The daily trend can directly see the upward market.
Regarding altcoins, we are still focusing on the trends of S DOGE and SOL.
Market Review and Analysis
Yesterday, BTC closed with a bullish line, fluctuating in the early morning. On the daily level, it has begun to gain momentum, but currently, the daily trend is still in a small-scale fluctuation market, without a sustained breakout above 96000. With the daily level showing fluctuations, the four-hour level's fluctuations are even more evident. However, looking at the four-hour level, the volatility is slightly larger. Based on the current daily trend, it is about to break above 96000 points and continue to surge. ETH also saw a bullish close yesterday, with a relatively small fluctuation on the daily level. Based on the current trend, ETH only needs one wave of upward movement to reach the 1960-2000 range or directly break above 2000 to attack the 2100-2200 range. The current trend appears to be consistently bullish, so today may directly close with a bullish line, making the monthly trend very perfect. We will also see how May starts, whether it will first pull back and then rebound, or directly surge and then adjust afterwards.
Today's Highlights
BTC touched the support near 93600 in the morning and began to rebound, which aligns with the support level of 930-93600 that has been indicated recently. It is currently fluctuating in the 93000-96000 range, waiting for a breakout at 96000 to open up upward space. The current support level remains unchanged in the 930-93600 range. If we look at the four-hour level's trend, there is no need to pay too much attention to the support level, and we can directly focus on the upper 96000 points. If it breaks above 96000 today, it will directly target around 98000 points. Therefore, on the daily level, we can directly expect a rebound today.
ETH's morning pullback did not reach the support level near 1760 and rebounded, with a low of around 1780. Under the conditions of fluctuations in both the four-hour and daily levels, the rebound occurred without touching the support level, and the degree of upward movement can be amplified a bit. First, we look at the 1860-1920 range, and then look at the 1960-2000 range. The daily trend can directly see the upward market.
Regarding altcoins, we are still focusing on the trends of S DOGE and SOL.
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Brothers, according to the weekly trend,
BTC will reach the 100,000 mark before May 15th.
ETH will also reach the 2000-2200 range before May 15th.
Compared to the current market, altcoins still have at least a 30-50% increase potential.
The gaming sector performed well today, and the upcoming trend should collectively rise.
As long as we reach a phase high, we can consider taking profits, then wait for a low point to re-enter and wait for the market to start. We should seize this current phase of the trend; I believe there will definitely be a big market this year. Stay strong.
BTC will reach the 100,000 mark before May 15th.
ETH will also reach the 2000-2200 range before May 15th.
Compared to the current market, altcoins still have at least a 30-50% increase potential.
The gaming sector performed well today, and the upcoming trend should collectively rise.
As long as we reach a phase high, we can consider taking profits, then wait for a low point to re-enter and wait for the market to start. We should seize this current phase of the trend; I believe there will definitely be a big market this year. Stay strong.
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April 29 - Old Investors Discuss Coins: Will BTC and ETH Reach New Highs This Week?
Market review and analysis
The BTC market showed a fluctuating trend yesterday, first surging close to 96,000 points before retreating to the support level, which was around the lowest point near 93,500. After that, it rebounded, and it has not surged past 96,000 points in the past few days. The daily line closed with a doji, and tomorrow is the end of the month; let's see if there will be a final surge in the next couple of days directly to 96,000 points. ETH performed weakly yesterday, with a mild initial surge followed by a significant correction. The intraday low did not break, and the daily line slightly pierced the lowest point around 1,745 before starting to rebound. The daily line closed with a bearish candle. The performance of the second coin is still relatively weak, but I believe the arrival of May will improve the second coin's market. This wave is bound to reach the turning point of the 2,000-2,200 range. ETH's performance is currently an important benchmark in the market, so patience is required during this phase. I have been closely watching the trends of S DOGE and SOL. SUI touched the upper level of 3.8 again yesterday, but do not chase; it has already reached the target we discussed at that time. If you want to consider entering, at least wait until the 3.0-3.2 range for a swing. For other coins, just hold on and wait for explosive trends.
The BTC market showed a fluctuating trend yesterday, first surging close to 96,000 points before retreating to the support level, which was around the lowest point near 93,500. After that, it rebounded, and it has not surged past 96,000 points in the past few days. The daily line closed with a doji, and tomorrow is the end of the month; let's see if there will be a final surge in the next couple of days directly to 96,000 points. ETH performed weakly yesterday, with a mild initial surge followed by a significant correction. The intraday low did not break, and the daily line slightly pierced the lowest point around 1,745 before starting to rebound. The daily line closed with a bearish candle. The performance of the second coin is still relatively weak, but I believe the arrival of May will improve the second coin's market. This wave is bound to reach the turning point of the 2,000-2,200 range. ETH's performance is currently an important benchmark in the market, so patience is required during this phase. I have been closely watching the trends of S DOGE and SOL. SUI touched the upper level of 3.8 again yesterday, but do not chase; it has already reached the target we discussed at that time. If you want to consider entering, at least wait until the 3.0-3.2 range for a swing. For other coins, just hold on and wait for explosive trends.
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April 28th Old Investor Talks About Coins: BTC, ETH This Week's Highlights, Monthly Line About to Close
Market Review and Analysis
BTC had no major fluctuations over the weekend; a normal pullback was expected, which doesn’t really count as a significant pullback, just a regular fluctuation. The support point given on Saturday was around 93,000, while the support on Friday was in the range of 92,500-93,600. Today, the market reached this range value. ETH's lowest reached around 1,750, and the pullback position given on Saturday was around 1,760. It's unrealistic for the market to shoot up all at once; the current market is just a rebound, not a reversal. Therefore, it's normal for the market to fluctuate. I also don’t expect it to rise significantly all of a sudden, as that would not be good; rapid rises can lead to instability and quick pullbacks. This week, with the monthly line closing and the weekly line opening, we will look at the upward movement after the pullback. So, several key positions need to be monitored this week. Remember, this week will still be mainly focused on rebounds, and pullbacks are opportunities to enter the market.
BTC had no major fluctuations over the weekend; a normal pullback was expected, which doesn’t really count as a significant pullback, just a regular fluctuation. The support point given on Saturday was around 93,000, while the support on Friday was in the range of 92,500-93,600. Today, the market reached this range value. ETH's lowest reached around 1,750, and the pullback position given on Saturday was around 1,760. It's unrealistic for the market to shoot up all at once; the current market is just a rebound, not a reversal. Therefore, it's normal for the market to fluctuate. I also don’t expect it to rise significantly all of a sudden, as that would not be good; rapid rises can lead to instability and quick pullbacks. This week, with the monthly line closing and the weekly line opening, we will look at the upward movement after the pullback. So, several key positions need to be monitored this week. Remember, this week will still be mainly focused on rebounds, and pullbacks are opportunities to enter the market.
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SUI reached a high of 3.8 yesterday, which was exactly at the resistance level. Today, it started to pull back, and at this stage, it can be abandoned. From the time it started until the high point, there has been an increase of over 70 points. If SUI moves in the future, consider entering around 3.2.
S is slowly starting to rise, but the increase is not very large. Precisely because of this, the potential for further growth is greater. From yesterday to today, it has already increased by over 10%. There is still room above, so those who haven't jumped in can still consider doing so.
Grasp the rhythm of this round, hold onto your chips well. Don't wait until the market rises to say that in a bull market, anything goes. Don't wait until the market rises to say that if I had known earlier, things would be different. Don't wait until the market rises to ask if it's still possible to buy or chase. Don't wait until the market rises to say that you've missed out. Don't wait until the market rises; it will all be too late.
S is slowly starting to rise, but the increase is not very large. Precisely because of this, the potential for further growth is greater. From yesterday to today, it has already increased by over 10%. There is still room above, so those who haven't jumped in can still consider doing so.
Grasp the rhythm of this round, hold onto your chips well. Don't wait until the market rises to say that in a bull market, anything goes. Don't wait until the market rises to say that if I had known earlier, things would be different. Don't wait until the market rises to ask if it's still possible to buy or chase. Don't wait until the market rises to say that you've missed out. Don't wait until the market rises; it will all be too late.
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April 26th: Veteran Investor's Take on Coins: BTC, ETH Fluctuating, Altcoins Starting to Rise, Hold Onto Your Chips
Market review and analysis
BTC market's highest point yesterday was close to 96000 points. The daily level closed with a strong bullish candle. ETH's close yesterday was just around 1800 points, showing a small bullish candle. The weakness of altcoins is still ongoing and has not performed strongly. Now the overall market of altcoins has started to move. Many altcoins have already doubled from their bottoms, which is what we have been talking about last week regarding altcoins having a 100% increase. Some altcoins have only risen by 30-50 points. Is this the peak? Not yet. If ETH continues to rise to around 2200, according to the bottom levels, altcoins should continue to rise. Based on current altcoin prices, there should still be an increase of at least 30-50 points. In fact, if altcoins are strong, they could double. So in this stage of the upward process, we should be more relaxed and not fear small pullbacks. Even if we want to do a phased swing trade, it’s not time yet. BTC is not fully in place, and ETH's supplementary rise has not yet happened. We need to see whether ETH will break and stabilize above 2200 or just fluctuate between 2000-2200. When altcoins stop rallying, it can be considered to reduce or clear positions for swing trading. Take one step at a time. I have been instilling confidence in everyone, and now that the market is slightly better, everyone should relax a bit, hold onto the chips in hand, and not easily give them away. At this stage, do not clear or reduce positions. If you don’t believe in the coins you have, just switch. For example, recently mentioned S DOGE hasn’t started the upward mode yet, and SOL has risen more than 50 points from the bottom. SUI has now reached the resistance level of 3.8, the highest yesterday, with an increase of over 70%. From the bottom, it has already doubled. This year, we should continue to focus on the gaming sector and AI sector, as mentioned since the beginning of the year. WLD's performance today is also good. There are many currencies; it depends on how you choose.
BTC market's highest point yesterday was close to 96000 points. The daily level closed with a strong bullish candle. ETH's close yesterday was just around 1800 points, showing a small bullish candle. The weakness of altcoins is still ongoing and has not performed strongly. Now the overall market of altcoins has started to move. Many altcoins have already doubled from their bottoms, which is what we have been talking about last week regarding altcoins having a 100% increase. Some altcoins have only risen by 30-50 points. Is this the peak? Not yet. If ETH continues to rise to around 2200, according to the bottom levels, altcoins should continue to rise. Based on current altcoin prices, there should still be an increase of at least 30-50 points. In fact, if altcoins are strong, they could double. So in this stage of the upward process, we should be more relaxed and not fear small pullbacks. Even if we want to do a phased swing trade, it’s not time yet. BTC is not fully in place, and ETH's supplementary rise has not yet happened. We need to see whether ETH will break and stabilize above 2200 or just fluctuate between 2000-2200. When altcoins stop rallying, it can be considered to reduce or clear positions for swing trading. Take one step at a time. I have been instilling confidence in everyone, and now that the market is slightly better, everyone should relax a bit, hold onto the chips in hand, and not easily give them away. At this stage, do not clear or reduce positions. If you don’t believe in the coins you have, just switch. For example, recently mentioned S DOGE hasn’t started the upward mode yet, and SOL has risen more than 50 points from the bottom. SUI has now reached the resistance level of 3.8, the highest yesterday, with an increase of over 70%. From the bottom, it has already doubled. This year, we should continue to focus on the gaming sector and AI sector, as mentioned since the beginning of the year. WLD's performance today is also good. There are many currencies; it depends on how you choose.
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