Judging the market trend is actually not difficult; what is difficult is whether you can steadfastly operate according to the original plan when the price actually reaches the expected position. Many people, once they hold a position, find various emotions surfacing: doubting whether they have misread the direction, fearing a sudden reversal in the market, and worrying about missing opportunities. As a result, they hesitate to act when they should enter the market and are indecisive when they should take profits, thus missing the best timing in vain.
Currently, it is a typical range-bound fluctuating market, with no particularly complicated techniques involved. The core idea can be summed up in four words: sell high and buy low. Clearly understand the direction, time the rhythm accurately, and more importantly, control your own emotions. This is often more crucial than pure technical analysis. $BTC
The market is rising, in line with strong bullish sentiment. Continue to focus on long positions. For Bitcoin, go long around 119,000, targeting around 121,000. A breakout would further target 123,000. For Ether, go long around 3,650-3,620, targeting around 3,750, with a further target of 3,900. $BTC $ETH
Solana's market value surpasses BNB, ranking fifth in global cryptocurrency market value
According to Deep Tide TechFlow, on July 22, CoinGecko data shows that Solana's market value has surpassed BNB, rising to fifth place in the global cryptocurrency market value. As of now, Solana's market value is $107.6 billion, with a current price of $198; BNB's market value is $106 billion, with a current price of $756. $SOL $BNB
Morning Lao Yang's layout on the Silk Road, accurately reaching the 1185 line, the status is slowly warming up, those who follow will have a big feast! $BTC
In the afternoon, DOGE coin can focus on the 0.2550-0.2650 range for potential opportunities, looking towards 0.2500, and further to 0.2450 and 0.2300 levels.
Yesterday, after a drop of 116400, it started to rebound, reaching a high of 1196000. The strategy of first hesitating and then relaxing last night was simply perfect!
Currently, the market's sentiment is still significantly influenced by the magnetic field of Ethereum. On the daily chart, the upward pressure trend line is obvious, and the lows are also being tested periodically, with the possibility of further decline at any time.
In terms of operation, it is recommended to look for a rebound around 117000, with a target of 118500 and further in the 119500 area. If it doesn't break, then consider shorting! $BTC