LcHanyu

Bitcoin Short Time Frame Analysis
#BTC交易

$XRP
RSI close to 70, long investors may consider gradually closing positions

When the RSI is infinitely close to 30 and the MACD shows a golden cross, investors can consider positioning long.

$BTC rsi approaches 30 (oversold zone), short investors may consider gradually closing positions

$BTC From the information on the chart, volume is gradually decreasing and RSI is gradually flattening. It is suggested that long position investors consider gradually taking profits.

A few days ago, because my friend just entered the cryptocurrency space, I opened a few orders to help him experience the basic trading process, and also supplemented him with basic trading techniques, macro perspectives, and so on.
I plan to start free public trading sessions at Binance by the end of the year, and everyone who is interested is welcome to join! #公益帶單

I've been in the crypto world for 2 months, using traditional technical analysis and smart money to earn a little. I hope to break a return rate of 10,000% this year!
#幣圈

Justin Sun late night post accuses FDUSD issuer First Digital Trust (FDT) of insolvency
Justin Sun stated: "The stablecoin FDUSD issuer First Digital Trust (FDT) has actually addressed financial responsibility losses.

At this point, Justin Sun's comments resonate somewhat with the recent major industry events, serving as an 'appetizer before the main course' of industry news.
Due to his post, FDUSD briefly dipped below $0.90, reaching a low of $0.8726. On Binance, FDUSD/USDT dropped to a low of $0.87, while FDUSD/USDC fell to as low as $0.76.

As one of the most important stablecoins on the Binance platform, FDUSD is also a ticket for users to participate in the Binance Launchpool activities, with many holding a certain amount. As panic spread, BNB also dropped accordingly.

While everyone is FUDing FDUSD, a small twist occurred: Wintermute went against the trend, acquiring 31.36 million FDUSD, becoming the largest FDUSD holder entity outside of Binance, holding about 65.46 million tokens, accounting for approximately 2.5% of the total circulation.

Source: Block Beats
$BNB $FDUSD
#事件分析

$BTC Tuesday, Game Stop (GME) announced that it has raised $1.5 billion through a private placement of convertible notes, which are expected to be used for purchasing Bitcoin.

According to BlockBeats news, on April 2, as reported by CoinDesk, GameStop (GME) has completed a $1.3 billion five-year convertible bond issuance and may soon begin or has already started purchasing Bitcoin (BTC).

The price of $BTC also surged to 88,500 with this wave of excitement, followed by a rapid decline.

Friendly reminder: Investors are advised not to trade based on events, as it may lead to significant liquidation risks.

Source:

GameStop raises $1.5 billion in convertible notes for Bitcoin purchase

https://zombit.info/gamestop-raises-1-5b-convertible-notes-for-btc-buy/

GameStop has completed a $1.3 billion convertible note issuance and may soon purchase Bitcoin

https://m.cnyes.com/news/id/5920031

#事件分析

$ETH Currently, ETH shows slight reversal signs at the 15-minute EMA 30 level, but overall it is still in a downtrend. Do not rush to enter long positions; wait for the trend line to fully establish its direction before making a decision. (Figure 1)
Currently, when observing at the daily level, ETH is still in a downtrend, and no reversal signs have appeared yet. (Figure 2)
#時間框架分析

#川普上任 XRP is currently a cryptocurrency recognized by many financial institutions. The last point of increase was around November 2024, coinciding with Trump's election. Currently, observing from the 15-minute time frame, it can be seen that it has started to bend downwards, showing a downward trend. A small portion of funds can be used to enter for range testing, with the stop-loss point set at the previous high (or at a personally tolerable drawdown level).

#Summary
XRP's trend is often linked to economic development. When trading, one can use XRP or various safe-haven assets like gold to make judgments, which can significantly increase the trading success rate.
$XRP

#美国加征关税 Due to various uncertain factors such as the trade war, the demand for market hedging has surged, leading to a sharp rise in gold prices. Observing from the EMA 15-minute line level, there is currently no downward trend in the short term, and it may further break through new highs.

Yesterday, the 15-minute EMA of $BTC showed a reversal of the upward trend, retreating near 83982. Currently, the overall trend line is in a downward trend. A small portion of funds can be used to short for range testing (set the stop-loss at the previous high or at a personally tolerable retracement level), or one can enter a short position when the direction is established.
#時間框架分析

$BTC 15 EMA line shows an upward crossover trend, RSI is about to approach 70, there is a chance of a short-term rise. You can enter long positions when the EMA at 30, 60, 90 15-minute, and 4-hour time frames trend upwards, and when the RSI reaches above 70.
Remember, do not go all in, proper position management is essential!
#時間框架分析

Observing the $BTC on a daily chart level, it is currently in a consolidation range of 78,516~89,432. From the chart, it can be seen that the current price has fallen below the moving average of 84,235 and is moving down towards 78,516. If the price falls below 78,526, there is a certain probability of breaking the March low of 76,607 or even piercing below the green range of 76,504.

# Entry Points
Bearish: Short to 78,516~81,500
Bullish: Wait for a bottom spike and observe when EMA 30, 60, 90 shows an upward crossover and moves in a clear direction, then can establish a position.

# Position Management
For spot investors, it is recommended to increase the position by 5% when the price falls to 2.5~3%. If the decline reaches 10% or more, consider adjusting the percentage to 10%. The risk-reward ratio is suggested to be controlled around or above 2%.

# Price Prediction
Looking up to 160,000
Looking down to 75,000

#高時間框架 #BTC

$BTC Currently, BTC is showing a clear downward trend in the short term, continuously creating new lows and lower highs. From the EMA curve, it also shows a downward trend.
If we observe the trading volume, it is not difficult to see that the current buyer trading volume is quite sluggish. If you want to go long in the short term, you need to manage your positions well.