š BTC update ā Sit back and breathe for a moment before considering the next steps š
-Tonight's BTC chart is quite "dramatic": ⢠After the spike testing 116,600, BTC was "slapped" back down to around 115.6k ā 115.8k. ⢠EMA7 is starting to weaken, but still remains above EMA99 ā the larger trend has not broken, just a slight pullback. ⢠The 1-hour RSI has dropped to the 35ā40 range, which means it's a bit "tired", but there is still a chance for a short-term rebound. ⢠Volume is gradually decreasing, indicating that the buying side is not as enthusiastic as earlier in the day.
š Scenario: ⢠If it holds at 115k ā BTC could bounce back to test 116.5k again. Beyond 1165, it will continue to rise. 118+ ⢠If it breaks below 115k ā beware of dropping to 113.5k ā 1147.5 Bad news + additional psychological factors may lead to a deeper fall. So caution is essential.
š In summary: BTC is currently "walking for health" after a sprint. Don't FOMO all-in at this moment, or you may become a "victim of the correction". Just hold your spot positions, and remember to set stop-loss on futures to avoid being "thrown off the island". šļø The market is always volatile. This is personal analysis, not investment advice.
Many people were skeptical and hesitant at that time⦠and now looking back, WLD.
š¢ Developments ⢠WLD surged strongly from 0.832 to a peak of 2.211, trading volume exploded. ⢠Currently, the price is adjusting to 1.65, down ~25% from the peak but still double the bottom. ⢠EMA7 has crossed down, MACD has reversed, RSI has cooled down to the neutral zone (40ā45) ā short-term selling pressure still exists. ⢠However, the decreasing volume indicates that the selling pressure has eased.
š Key price zones ⢠Near support: 1.60 ā 1.62 (EMA99 & short-term bottom). ⢠Strong support: 1.35 ā 1.40 (fib 0.618 & old base). ⢠Resistance: 1.80 ā 1.90 (EMA7 and retracement peak). Only surpassing this zone will confirm the next uptrend.
⢠Wait for a test at 1.60 or deeper towards 1.35 ā 1.40 before considering accumulation. ⢠Clear stop loss below 1.30 to avoid risks. This is the time for everyone to patiently wait for a good entry, instead of fomo when the price has run too far. š personal sharing, not investment advice $SOL
BTC has just had a strong breakout up to $115,100, confirming that buying power has returned after many days of sideways movement. The volume has surged, indicating that whales are entering the market, while the RSI on the smaller timeframe is slightly hot ā making it prone to short-term fluctuations.
š Key levels: ⢠Support: 114.5k ā 114.7k ⢠Resistance: 115.5k ā breaking this zone will open up 116.2k ā 117k
š Strategy: If you already have a position from 113.5k, you can hold, consider taking partial profits at 115.5k+. If you are on the sidelines, itās advisable to wait for BTC to retest 114.5k for a better entry.
š The medium-term trend will only really regain strength when BTC stays above 115.5k for several H4 candles.
This is not investment advice. It is just a personal opinion.
I know all that but still want to get involved š Just open the throttle, what's there to worry about?
šØ The coin is about to be delisted ā why is there still a sudden spike? šØ
Usually when a token is announced to be delisted, many people will think the price can only go down as investors flee. But in reality, there have been many times the market has witnessed unusual strong pumps just before the deadline.
š Why is that? 1. The pumpers create waves: Liquidity decreases, just a small amount of capital is enough to push the price up sharply to create FOMO ā then sell off heavily. 2. Thin order book: When many people stop trading, the market depth is very low ā price fluctuations become easier to manipulate. 3. The "sprint" mentality: Some traders accept the risk, wanting to ride the wave before the coin disappears. 4. Low liquidity = easy to pump: The fewer people interested in the coin, the easier it is to push the price artificially.
ā ļø Things to note: ⢠These pumps usually do not reflect the true value of the project. ⢠After a shocking increase, the price often crashes extremely fast ā those who enter late can easily get stuck holding. ⢠Capital management and avoiding FOMO are crucial.
š In summary: If a coin is about to be delisted and is still pumping strongly, one should be even more cautious, as this is often the final trick of the pumpers before the market closes.
š° PPI cools down ā The market is preparing for strong fluctuations
The news tonight shows that the PPI in August decreased by 0.1%, contrary to the forecast of an increase of 0.3%. This is a clear signal of cooling inflation, paving the way for the Fed to lower interest rates soon.
š„ Immediate impact: ⢠US stocks hit a new peak. ⢠Crypto has the potential for strong fluctuations, especially in BTC and ETH.
š BTC scenario: ⢠If buying power takes advantage of the good news ā BTC could break the resistance of 113.5 ā 114.5 and aim for 115++ ⢠If the cash flow is cautious, the market may easily shake, BTC could be pulled back to 111.8 ā 110.7 before moving on.
š„ Altcoins: ⢠In the past 2 weeks, capital has clearly shifted to midcap & meme. ⢠If BTC breaks out, alts have room to surge more. ⢠But if BTC faces a pullback, altcoins could quickly reverse.
ā ļø Reminder: The news will have a two-way fakeout, remember to keep discipline ā manage capital tightly ā avoid fomo during fluctuations.
š¬ Personally, I observe the level 226, as this will be the "door" to decide the next direction.
SOL after the fluctuations last night has regained balance, currently closing candles around 223ā224. ⢠EMA7 crosses above EMA99 ā short-term recovery signal still remains. ⢠RSI(6) rises to the range of 78 ā strong buying force but has approached overbought, easily leading to a quick sell-off. ⢠The volume this morning has not exploded ā the market is still probing.
š Important levels: ⢠Near support: 221 ā 219 ⢠Strong resistance: 226 ā 228 If it exceeds 226 with large volume, SOL could aim towards 231 ā 235. But if it fails ā easily retests 219.
š The market is in a sensitive area, anyone following short waves should pay attention to take profits at the right point. š Discipline in capital management remains a top priority.
TKO is the native token of Tokocrypto, one of the fastest-growing exchanges in Indonesia and backed by Binance. The token is used for transaction fees, staking, DeFi, NFT, and launchpad. ⢠Market capitalization: ~91M ⢠Total supply: 500M (circulating supply ~486M, nearly full supply) ⢠ATH: $4.98 (05/2021) ⢠Current price: ~$0.186 ā only ~3ā4% compared to the peak
š Quick analysis ⢠After the jump from $0.144 ā $0.268, TKO has strongly corrected and is currently moving sideways around $0.18ā0.19. ⢠EMA7 is close, RSI is neutral (50ā56), MACD is still weak ā accumulation trend, waiting for a breakout. ⢠Resistance: $0.20 ā $0.24 ⢠Support: $0.18 ā $0.165
š At this price range, TKO is being viewed as a "deep discount" compared to the past. If it breaks $0.20 with strong volume, it has the potential to extend to $0.24ā0.26. But if it falls below $0.165, the risk of returning to $0.14.
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ā This is only a market analysis perspective, not investment advice.
š Current price: ~1.90$ (+23.7% 24h) ⢠WLD has just surged strongly from the bottom of $1.71, currently testing the range of $1.90 ā $2.00. ⢠EMA7 has crossed above EMA99 ā a clear short-term recovery signal. ⢠However, RSI > 80 indicates that the market is in the overbought zone, making it susceptible to fluctuations / short-term profit-taking.
š¼ Nearby resistance: $1.95 ā 2.00$ ā if surpassed, the target is $2.12 ā $2.20. š½ Nearby support: $1.78 ā $1.72.
š In summary: WLD is in a strong technical recovery phase, but needs to observe price reactions at the $2.00 level.
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ā ļø This article is for technical analysis purposes only and is not investment advice. WLD$
1. STRK$ ⢠Starknet is a validity rollup (ZK rollup) on Ethereum ā meaning a Layer 2 scaling solution that helps reduce transaction load and gas fees on Ethereum while maintaining security. ⢠STRK is the native token, playing an important role in governance, staking, and fee payments on the Starknet network.
3. Strengths & Potential: ā ZK Rollup technology: currently a strong trend in the Layer 2 space, with high scalability and security advantages. ā DeFi ecosystem: Starknet has many developing projects (DeFi, NFT, gaming) ā creating demand for STRK. ā Backers & community: Backed by StarkWare ā a reputable entity in zk-proof, attracting many large funds. ā Current position: The price is approaching the long-term bottom (~0.1 ā 0.13$). If the overall market recovers, STRK may benefit from the Layer 2 effect.
4. Risks: ā ļø Token inflation: Large total supply, need to pay attention to unlock progress. ā ļø Intense competition: zkSync, Scroll, Polygon zkEVM⦠are all racing in the ZK Rollup space.
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š In summary: STRK is currently at a low price compared to ATH, and in the long term, there is still room for recovery if Starknet expands its ecosystem and increases real demand. This is a project worth watching in the Layer 2 ZK Rollup space.