The current big pie is in a range-bound fluctuation, with poor sustainability. After the upper and lower wick reversal, it returns to a weak area. Overall, it is fluctuating downwards, continuously hitting new lows after repeated adjustments. The trend is downward, and operations should focus on the short term.
On the daily level, after contesting the middle track, the price breaks through the lower track, and the channel is moving downwards. The volume of the wick is arranged in an entity, and the moving averages are turning down, showing an extremely weak bearish trend.
Operational advice for the big pie: around 86200-86500 for a short position, with a target looking down to 84500-83800.
For Ethereum, around 2000 for a short position, with a target looking at 1960-1940.
Due to the time required for indicator adjustments, there is a demand for the market to enter an adjustment period in the short term. The specific form of adjustment may be a high-level adjustment or a pullback adjustment, depending on the overall dynamics of the market.
Currently, the short-term trend of the market tends to be downward and may be accompanied by multiple peaks and pullbacks. Although there is a pullback trend, it is not a one-sided decline; therefore, the overall trend will frequently seesaw. In the short cycle, we should mainly pay attention to the trend of pullbacks. If there is another rebound and peak, we need to be cautious about the extent of the pullback. In the morning and during the day, we should first look for a retracement and adjustment, then look for a second peak.
Operational suggestion: On Thursday, the range of 86200-86800 for Bitcoin can be considered 🈳, with a target focus on 84500-83000.
Ethereum: Around 2050 can be considered 🈳, with a target focus on below 2000.
The key levels for BTC have now appeared, confirming a support threshold around 80000 and a resistance upper limit of 87500. Breaking through the resistance level could propel BTC towards targets of 88000 or even 90000.
Conversely, if it falls below the support level, we must act cautiously, as it may drop to 77500. It is essential to strategically assess asset allocation and adhere to prudent risk management practices to navigate this volatile situation#BNBChainMeme热潮 #BTC走势分析
Due to the time required for indicator adjustments, there is a demand for the market to enter an adjustment period in the short term. The specific form of adjustment may be a high-level adjustment or a pullback adjustment, depending on the overall dynamics of the market.
Currently, the short-term trend of the market tends to be downward and may be accompanied by multiple peaks and pullbacks. Although there is a pullback trend, it is not a one-sided decline; therefore, the overall trend will frequently seesaw. In the short cycle, we should mainly pay attention to the trend of pullbacks. If there is another rebound and peak, we need to be cautious about the extent of the pullback. In the morning and during the day, we should first look for a retracement and adjustment, then look for a second peak.
Operational suggestion: On Thursday, the range of 86200-86800 for Bitcoin can be considered 🈳, with a target focus on 84500-83000.
Ethereum: Around 2050 can be considered 🈳, with a target focus on below 2000.
Tonight's speech is definitely good news, which will drive a strong trend of big cake and two cakes, but before the policy meeting, I personally recommend to watch with caution.
I personally expect that the interest rate will remain unchanged after the meeting, but because it plays a vital role in market sentiment, big cake, two cakes and other digital assets are in a state of tension. It will go to the game and toss back and forth. In a word, wait and see, the changes are not far from the essence. #加密市场反弹 #美联储3月利率决议 #BNBChainMeme热潮 #你看好哪一个山寨币ETF将通过?
Midday Thoughts: Looking at the 4-hour chart, there was a continuous decline last night, and the rebound that started in the early morning after reaching the middle track was unable to break through, and the strength of the rebound is not strong.
Now, it is suggested to consider positioning near 83200 for Bitcoin, with targets at 82000/81500 and a defense line at 537.
Gold just hit a historic high while BTC is in decline: What's going on?
Gold continues to soar to new highs, while BTC has significantly declined over the past month—meanwhile, geopolitical risks and President Trump's aggressive new trade policies have impacted financial markets. Despite often being described as 'digital gold,' BTC does not trade like the real thing. Instead, its trading has been in line with the U.S. stock market (especially tech stocks) as traders have been spooked by macroeconomic uncertainty. However, following news of a ceasefire breaking in Israel with Hamas, gold, traditionally seen as a safe-haven asset, set a new record of over $3,047 per ounce on Tuesday.
Considering the previous market trend of bottoming out and then rising to a peak before falling back, after the bulls continuously increase their volume, the momentum often tends to weaken. At that point, the market will enter a phase of sideways consolidation and fluctuation, and it is likely to continue the downward trend thereafter, with the overall pace becoming relatively slow.
Therefore, in the short term this morning, we should still pay attention to the strength and extent of the bulls' rebound. Key resistance is around 84500; if this point cannot be strongly broken, we can reverse and open positions.
Midnight Bitcoin second drop after probing 81000 rebounded, fluctuating upwards, with a morning high around 83100, obvious resistance above, the layout strategy in the morning remains unchanged, continue to hold high.
Enter the market directly at the high in the morning, and easily gain sixteen hundred points on the futures contract, the second contract is also quite good.
In this soft and sluggish market, there won't be a significant rise without news stimulus; just continue to rebound.
Recent prominent indicators suggest that currently all signals point to reduced liquidity and the emergence of new whales selling BTC at lower prices, which exacerbates market uncertainty.
It is noteworthy that just a few days before our bearish outlook, market indicators were deemed neutral, indicating fluctuations in market sentiment. Despite the bearish forecast, some conditions have been identified that could stimulate a rebound.
The global M2 money supply recently reached an all-time high, and these economic factors are believed to serve as a potential foundation for BTC's upward movement. This correlation with the money supply reinforces the notion that as liquidity flows into the market, BTC may be poised for an upward trend #美国加征关税 #BNBChainMeme热潮 #Strategy增持比特币 #BTC走势分析
The "Noon" big pancake completed a surge last night, reaching the recent resistance upper track near 85000, and then experienced a pullback. Currently, there are signs of ending the rebound, with the breakdown point below at 82000.
If the breakdown occurs today, and a short-term rebound continues, we will look for higher targets. If it does not break down, be cautious of another surge towards the resistance level while planning a downward strategy.
Currently, there is resistance below and support above on the market, but from the market sentiment, the probability of continuing the bearish trend is quite high. Therefore, starting tonight, only look for highs and not lows; a breakdown of the trend is about to occur!
Tonight: For Bitcoin, watch for highs at 84200, target 82000, and if it breaks, look for 78000.
For Ethereum: Follow around 1930, target 1870, and if it breaks, look for 1800.
The primary support level for Ethereum at present is at the 1870 position, while its strongest resistance level is at 2050.
Due to market fluctuations and whale activity greatly impacting Ethereum's price, it will be crucial to monitor these key levels as the asset attempts to enter the next phase. The area around 1870 has proven to be a strong support level.
On-chain data confirms that this is a price level where demand may come into play and prevent Ethereum from correcting further. If the price drops to this level, it represents a great buying opportunity for anyone looking to enter the Ethereum market at a relatively low price.
However, if the price breaks below this level, people will have to interpret that on-chain demand has failed, and further bearish momentum is to be expected.
Conversely, the resistance level at 2050 is a significant barrier for Ethereum to break through. This price level has repeatedly restricted price increases as an upper limit. For Ethereum to break through this resistance level, it may need to continue an astonishing bullish price trend.
If Ethereum can overcome the strong resistance level at 2050 and maintain above this price level, it could just trigger a new catalyst for buying waves, pushing the asset price higher and re-establishing an upward trajectory #美国加征关税 #BNBChainMeme热潮 #ETH