Yesterday, after the breakout, Bitcoin is currently experiencing a downward pullback and is near a support level. If this position holds, it is highly likely to rise again, aiming at least around 88,000!
If this position does not hold, it may drop to around 80,000. Currently, it seems very likely to rise! Therefore, you can enter the market at the current price of 83,600 to go long on Bitcoin, with a stop loss at 82,300, and the target is to reach 88,000!
I see some friends asking about mtn, so I will share my thoughts. The pool is too large, and it can't be moved; the current market liquidity is still limited.
On-chain funds are an old story. From the perspective of pumping and narrative, the cost-effectiveness of pulling dark is much higher. Moreover, part of the funds buying mtn will flow to dark when they realize that mtn has been inactive for a long time.
Easing tariffs ignite the market, can the four major altcoins soar 100 times and sound the bull market trumpet?
There are currently two key signals in the market Firstly, there are signs of easing in the US-China auto and parts tariff negotiations, with the most stringent proposals from April likely shelved. Tariff pressures will gradually lessen, but economic resilience may delay the Fed's rate cuts. The GDP data at the end of April is crucial for validating the June rate cut expectations. Secondly, the altcoin market is in a balance of bulls and bears. The weekly candlestick shows that the altcoin market capitalization exchange rate is at a critical point for a trend reversal. Although there is a 22% downside risk, positive factors are also accumulating: Bitcoin shows signs of bottoming out on a weekly basis, and if a historical rebound repeats, altcoins may follow suit; most altcoins have undergone deep corrections, with many holders deeply trapped or exiting, leading to a basic clearing of pessimistic sentiment.
Bitcoin mining power hits a new all-time high The higher the mining power, the more secure the Bitcoin network People in the crypto mining industry are infinitely optimistic about BTC
The current market can actually be seen as a pullback after a breakout, with the 0.48 area serving as support, and the short-term target set at the 0.62 area.
4 potential altcoins: may surge 100 times, now is a good time to buy at the bottom!
BONK: The stars of the past are expected to shine again
As last year's star coin, BONKBONK has fallen in the bear market, but it is relatively resilient among many altcoins and has a high market recognition. Based on its good foundation, it is very likely to regain its strength in the future and can be regarded as a good choice for bargain hunting. In terms of bargain hunting priority, BTC is the first, followed by SOL and Dogecoin, and then the old altcoins, and BONK has great potential among altcoins. GNO: The backbone of the Ethereum ecosystem
Since 2015, Gnosis has occupied an important position in the Ethereum ecosystem and is a key component of the Web3 toolset, covering areas such as decentralized governance, finance and identity technology. It owns products such as Gnosis Safe, Gnosis Chai and Gnosis Auction.
Investment is not a sprint, nor a marathon, but rock climbing.
The key is not to climb faster than others, but to ensure each step is secure, to step firmly on the footholds, and to make sure you don’t fall to your death.
If you are not preparing for retirement, then this climb is endless, and you could fall back to the bottom at any moment due to a major mistake.
This is also why I have said that being deceived and going bankrupt should happen early.
When you first learn to rock climb, falling a few times from a low position is not a bad thing.
Bitcoin (BTC) Breaks Through and then Plummets, is the $80,000 Level a 'Guillotine'?
Price Trend Review After Bitcoin's price broke through the $77,500 area, a new round of upward momentum began, attempting to break through the resistance levels of $79,500 and $80,000. The bulls pushed the price above the resistance level of $82,500, reaching a high of $83,548, before entering a downward correction. The price broke below the support level of $81,500 and the 23.6% Fibonacci retracement from the low of $74,572 to the high of $83,548. Currently, Bitcoin is trading above $79,200 and has broken through the 100-hour simple moving average.
BTC has tested the price level around 74500 twice and was pulled up with volume, indicating that this price can attract some capital. Currently, it seems that this rebound is not finished and there is a chance to return above 86000, similar to the US stock market.
【4-Hour Level】 Dividing the market into three segments, 81200 serves as the boundary of strength and weakness. The range from 81200 to the 4-hour bullish order block can be seen as a normal pullback, indicating continued upward momentum.
If 81200 is broken again, it will challenge the two resistance levels at 84600 and 87400, and the strategy of buying on pullbacks remains unchanged.
Do not switch between long and short positions; don't hesitate to enter when the price drops, and don't chase when it rises.
Trump Suspends Tariffs for 90 Days! Bitcoin Soars Past $83,000! Investing in These 4 Altcoins Could Lead to a 100x Explosion!
A thunderous night, the market exploded! A tweet from Trump changed the trajectory of global assets. At 23:40, Trump tweeted that 'the buying opportunity has arrived,' causing the market to rise. But three hours later, he announced a 125% tariff increase on East Asia, with no 90-day buffer period. This American-style 'precision strike' caused the market to reverse dramatically. Market Explosion: US stocks, the Australian dollar, oil prices, and the bond market are all rising, with bottom-fishers closely following the market. However, this surge is not based on rationality but is driven by news, representing typical tweet trading. In this situation, the timing of investment is crucial; acting a step ahead can yield profits, while lagging behind may result in losses.
Yesterday, it didn't break through 81200, so we are facing a second test. There are two relatively likely scenarios ahead.
Scenario 1: This is a double bottom pattern at the 4-hour level, and if it stabilizes, it will continue to challenge the resistance level of 81200.
Scenario 2: A slight drop below the previous low of 74508 to induce a short position, followed by another rebound. If there are other scenarios, they exceed our understanding, so we choose not to act and not to chase shorts.
BTC 1H Oversold rebound panic selling, breaking through the daily level low accelerating K-line, explosive large bearish candle + engulfing bullish candle bullish combination oversold rebound US stock market early trading dipped then surged (stop-loss hunting up and down) 81000 key resistance level encountered resistance and fell, the second test of the red area may be tested
Recently, with the current market conditions, even Satoshi Nakamoto has lost 4 billion dollars, so it's quite normal for everyone to have unrealized losses. In the words of a certain expert, as long as you don't sell your Bitcoin, it doesn't count as a loss.
Bitcoin plunges below 80,000, the stronghold has vanished; the Americans may intervene. Which altcoins can become recovery tools?
Bitcoin has fallen below $80,000, severely hitting the faces of those influencers who insisted last week that Bitcoin would not drop with the US stock market. Ethereum is even more miserable, suppressed by bears with no power to fight back, plummeting over 10% below $1600, showing no signs of rebound; the market atmosphere over the weekend was tense and unsettling. When the market declines, it’s not just Bitcoin; the trading volume of altcoins also begins to increase. Take UNI for example, its trading volume was only 5 million the day before yesterday, but now it has reached 40 million on a certain exchange. This is somewhat positive, as increased trading volume indicates a lively market, with holders selling and bottom fishers entering; both sides might even mock each other privately. We will see who wins or loses a few months later.
Shocking! Trump declares: No deal with China without addressing the trade deficit!
Trump's post expresses his stance, once again bringing the China-U.S. trade issue to the forefront! The core points are as follows:
1. Tough Stance Trump clearly stated that he will not reach any agreement with China unless the trade deficit is addressed, vowing to fight to the end with the Dragon Country.
2. View on Trade Deficit He pointed out that there is a huge trade deficit between the U.S. and China, similar to that with the EU and many other countries, believing that the current situation of trade deficits urgently needs to change.
3. Tariff Measures and Evaluation Trump emphasized that the only way to solve the trade deficit is through tariffs. He stated that these tariffs are already in effect and can bring hundreds of billions of dollars in revenue to the U.S. every year, praising the implementation of tariffs as very effective and astonishing.