BTC will eventually break out into an independent market and no longer follow the U.S. stock market. I believe that people in the crypto world are all waiting for that day when quality assets will be presented to the world.
分析师舒琴
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The whole world is waiting for this signal!
Many investors are puzzled as to why BTC or ETH have slightly broken through previous highs recently, yet it still feels lackluster, without a significant surge. What is keeping capital in a wait-and-see phase? Everyone, take a look at the chart.
The chart shows the performance of the S&P 500 index, which serves as a global asset barometer. Currently, the S&P has reached the key level of 5500, where support and resistance interchange. If it fails to break through, it will form a double top, turn downwards, and the decline could be substantial. At that time, even if Bitcoin breaks through, it will still be dragged down.
So, capital is currently on the sidelines, and even Shu Qin has confirmed whether the S&P can truly break through. When that happens, we will enter on the right side, riding a significant upward trend. If it breaks and falls back, we will take a small stop loss to prevent a false breakout. Although entering on the right side may mean missing out on some profits, it is much safer. If you buy before the breakout and it indeed drops, you would be buying at the peak, like the Ethereum double top at 4000, which failed to establish a breakout and turned down, making it too risky.
I am very optimistic about the cryptocurrency market, but trading still requires assessing risks rather than relying on luck. Shu Qin hopes to grow together with everyone and become a more professional investor, striving for that goal in our hearts!
Sui has gone to the moon! Cashing out opportunity, hurry up and run. Just now, the Sui Foundation announced a partnership with Trump's project WLFI, causing Sui to surge by 20%. Those who have been trading Sui can take profits and exit, waiting for a pullback to re-enter. If you don't have Sui, don't chase the high; see if there are any peaks to take advantage of at the crypto summit on Friday.