#加密市场反弹 BTC can afford to rise, whether it can stand firm is another matter. MACD shows a direct divergence, and the volume has broken through the ceiling. Whether it rises is its business, whether you lose is your business. Are you buying, shorting, or just watching the show?
$BTC $SOL Don't think about catching the needle! Let’s seriously go through the macro data:
From the published data, the impact analysis on the cryptocurrency market is as follows:
U.S. initial jobless claims for the week ending March 8
Published value: 220,000, lower than expected (225,000), and also lower than the previous value (222,000). This indicates that the labor market remains strong, with good employment conditions, and the Federal Reserve may continue to maintain high interest rates, which is bearish for the cryptocurrency market (as the probability of easing policies decreases).
U.S. February PPI year-on-year rate
Published value: 3.2%, lower than expected (3.3%) and the previous value (3.7%). The decrease in the Producer Price Index (PPI) means that inflationary pressures are easing, which may reduce the Federal Reserve's motivation to raise interest rates, bullish for the cryptocurrency market.
U.S. February PPI month-on-month rate
Published value: 0%, far below expectations (0.3%) and the previous value (0.6%). The decline in the PPI month-on-month rate further confirms the trend of slowing inflation, and the market may become more dovish regarding the Federal Reserve's future policies, bullish for the cryptocurrency market.
Comprehensive impact:
The overall decline in PPI data indicates weakened inflationary pressures and enhances expectations of future interest rate cuts, bullish for the cryptocurrency market. The jobless claims data being lower than expected indicates that the job market remains tight, which may somewhat suppress expectations for interest rate cuts, slightly bearish for the cryptocurrency market.
Final judgment:
The bullish effect of PPI outweighs the bearish effect of initial jobless claims, overall leaning towards bullish for the cryptocurrency market. The market may expect the Federal Reserve to adopt easing policies earlier in the year, pushing up risk assets like Bitcoin.
$BTC #BNBChainMeme热潮 BTC is still bullish in the long term, but there may still be fluctuations in the short term, and position control may need to be monitored. As for MEME... what do you think? 😁 By the way, happy Valentine's Day 🎉
Overall, the current technical indicators and price action support a bearish view. To confirm the market trend, we can focus on the next price changes and whether the key support level (56,500 USDT) can be maintained. If the price continues to fall and breaks below the support level, the bearish trend may be further strengthened.
Price decline: The current price is 56,948.2 USDT, which is a decrease of 1,244.20 USDT (-2.14%) from the previous price.
MACD: The MACD indicator shows a negative value (-0.679) and the MACD line is below the signal line, which is generally considered a bearish signal.
RSI: The RSI values are 33.86 (6) and 45.21 (12). Although the RSI does not show extreme overbought or oversold conditions, the low values indicate strong sellers.
Bollinger Bands: The price is below the middle band of the Bollinger Bands and close to the lower band, indicating that the price may fall further. Moving Averages: Both the short term EMA (7) and medium term EMA (25) are above the price, showing that the price is under pressure in the short and medium term.
Hello, friends! Yesterday, the price of SOL tried to hit the 140 USDT mark several times, but failed. This morning, it fell back to the price range of 136-137.
Resistance level analysis: 140 USDT has tried to break through many times but failed, indicating that there are a lot of sell orders in this price range.
Technical indicator review:
MACD: The current MACD indicator shows that there is a certain amount of short pressure in the market. The bar chart is in the negative range and the MACD line is also below the signal line. RSI: The RSI value is between 40-50, which is in the neutral range, indicating that the market is not obviously overbought or oversold, and the current market sentiment is relatively balanced.
Bollinger Bands: The price is between the middle and upper tracks of the Bollinger Bands, which indicates that the price is at the high point of the recent trading range, but has not yet reached an extreme overbought state. Volume and order book:
Volume: When the price approaches 140 USDT again, it is necessary to pay attention to the volume. If the volume increases, the possibility of a breakthrough will be greater. If the volume is insufficient, the possibility of a failed breakthrough is higher.
Trading strategy
Waiting for a breakout: If you are considering going long, it is recommended to wait for a confirmed breakout of 140 USDT with strong trading volume. Such a breakout would indicate that the market has entered a new uptrend.
Watch the support level: If the price fails to break through 140 USDT again, keep a close eye on the support level. The current support level is around 136.540 USDT. If this support level is broken, a further downtrend may occur.
Short-term trading: For short-term traders, consider operating within the current range (136.540 - 140 USDT), that is, buying near the support level and selling near the resistance level until the price breaks through or breaks through clearly.
Stop loss setting: It is recommended to set a stop loss below the support level to manage risk and prevent losses from falling prices.
Conclusion 140 USDT is an important resistance level, and multiple failed attempts to break through indicate heavy selling pressure. We need to pay close attention to changes in trading volume and order books to predict the next move. Depending on whether the price can break through this resistance level or fall below the support level, adjust your trading strategy to better cope with market fluctuations. $SOL
June 25 SOL market analysis: Bollinger Bands Current price: $133.61 Upper Bollinger Band: $133.53 Middle Bollinger Band: $130.34 Lower Bollinger Band: $125.04 The current price is close to the upper Bollinger Band, which is usually regarded as a short-term resistance level. If the price can break through and stabilize above the upper band, it may continue to rise. If it fails to break through, it may pull back to the middle or lower band. RSI (Relative Strength Index) RSI (6): 82.61 (overbought area)RSI (12): 72.40 (overbought area)RSI (24): 66.40 (close to overbought area) RSI shows that the market is overbought and may face pullback pressure in the short term.
MACD MACD line (red): 0.89Signal line (blue): 0.87The MACD histogram shows that the market momentum is strong, and the gap between the MACD line and the signal line is small.
Short-term trading strategy
Observe the upper Bollinger Band:
If the price can break through the upper Bollinger Band ($133.53) and stabilize above it, you can consider opening a long position to capture the opportunity for further rise. If the price encounters resistance and pulls back near the upper Bollinger Band, you can wait for the price to pull back to the middle Bollinger Band ($130.34) before considering opening a position.
Pay attention to the RSI indicator:
The current RSI shows that the market is overbought and there may be a pullback pressure in the short term. When the RSI falls back to around 50, you can look for opportunities to open positions. Combined with MACD signals: The MACD line and the signal line are currently close, indicating that the market momentum is strong. If the MACD line continues to rise and pulls away from the signal line, the long signal can be strengthened.
Risk Management
Set Stop Loss: Set a stop loss below the middle Bollinger Band ($130.34) to prevent losses from a sharp price correction. Set Take Profit: Set a take profit above the upper Bollinger Band ($133.53) or near the expected resistance level to lock in short-term profits.
Conclusion
The current market is overbought and there may be a pullback pressure in the short term. If you plan to open a position, it is recommended to wait for the price to pull back to the middle Bollinger Band or the RSI indicator to fall back to around 50 before looking for an opening opportunity. At the same time, set reasonable stop loss and take profit in combination with MACD signals and the upper and lower Bollinger Bands to ensure that risks are controllable. $SOL
Last night, Bitcoin was stuck between 58,000 and 59,000, but today Sol rebounded to around 132. Let's analyze it from the candlestick chart today. 😀
Technical Analysis
1. Bollinger Bands
Current Status: BTC price recently touched the lower Bollinger Band and rebounded, and is currently running below the middle Bollinger Band. The rebound after touching the lower Bollinger Band indicates that there may be signs of an oversold rebound in the short term. However, the price is below the middle band, and the overall trend is still biased downward.
Analysis: The price rebounded near the lower Bollinger Band, indicating that there is a possibility of an oversold rebound in the short term. However, the price has not yet broken through the middle band, indicating that the overall downward pressure still exists.
2. Moving Average (MA) Short-term MA (7 and 25):
The current 7-day MA is 66,382.72, and the 25-day MA is 63,432.95. The short-term MA shows that the price has rebounded in the short term.
Long-term moving average (99 days): The 99-day MA is 63617.59, indicating that the long-term trend is still downward.
3. MACD (Moving Average Convergence Divergence)
MACD line and signal line: If the MACD line runs below the signal line, it indicates that the market is still in a downward trend. It is necessary to observe whether there are signs of a golden cross. If a golden cross is formed, it can be used as a signal to buy or reverse trade.
4. RSI (Relative Strength Index) Current RSI value: If the RSI is below 30, the market is oversold and a technical rebound may occur. If the RSI rises above 30, the rebound signal is stronger.
5. Volume Current volume: Observe the changes in volume. During the rebound, if the volume increases significantly, it indicates that buying interest has increased and the rebound may continue.
Medium- and long-term strategies
Observe reversal signals:
If MACD forms a golden cross (MACD line crosses the signal line upward) and RSI rises above 30, it may indicate a market reversal and you can consider a reverse trade (from short to long).
Focus on key support and resistance levels:
Support level: $60,000. If the price falls below this support level, it may fall further.
Resistance level: $63,000. If the price breaks through this resistance level, the rebound may continue.
$SOL From the 15-minute candlestick chart of SOL/USDT, we can see the recent trend of the market and some key technical indicators. The following is a detailed analysis and suggestions: Chart Analysis
Price Trend: The recent price rebound from $122 to around $128 shows a certain rebound strength. The price found support around $122 and is currently encountering some resistance around $128.
Technical Indicators: Moving Average (MA): Short-term MAs (such as 7 and 25) show that prices are recovering, but long-term MAs (such as 99) still show an overall downward trend. Bollinger Bands: The price rebounded after touching the lower track of the Bollinger Bands, indicating a rebound in an oversold state. The current price is close to the middle and upper tracks of the Bollinger Bands, indicating that resistance may be encountered in the short term. Volume: During the price rebound, the volume increased, indicating that the market's buying interest has increased.
Technical analysis confirmation RSI and MACD: Combine the RSI and MACD indicators to confirm the strength of the market rebound. If the RSI rebounds from the oversold zone to above 50, and the MACD forms a golden cross (the MACD line crosses the signal line upward), the rebound signal is stronger. Bollinger Band Breakout: If the price can stabilize above the middle track of the Bollinger Band and break through the upper track, it means that the market rebound is strong.
Risk Management Dynamic Stop Loss: Gradually adjust the stop loss as the price rebounds. For example, you can set a stop loss below the previous low (such as $125) to ensure that profits can be protected in time when the market reverses. Gradually reduce positions: In the process of confirming the market rebound, gradually reduce positions instead of closing positions all at once. This can lock in some profits in market fluctuations while avoiding missing larger rebound opportunities.
Conclusion Currently SOL/USDT shows a certain rebound strength, and you can consider gradually terminating the hedging position. By combining technical indicators such as Bollinger Bands, RSI and MACD, confirm the strength of the market rebound and gradually close the hedging position. At the same time, set reasonable stop loss and take profit to ensure that profits are protected and trading opportunities are seized in market fluctuations. Pay close attention to market dynamics and flexibly adjust strategies to cope with uncertain market environments.