Update #BTC : BTC has slowed down a bit since surpassing the 120k threshold, and due to the price holding stable for the past few days, altcoins have experienced a strong price surge. However, this could be a potential sign of an upcoming correction. It is likely that market makers will push BTC down below the upward trend line to trap more short liquidity. With such a fake sell, the 112-113k range will be a good long opportunity before BTC attempts to reach a new ATH. 2 plans for you to consider, the 112-113k range will soon come back next week.
View #USDT.D for your reference: From now until the end of the week, altcoins will dump 10-15%, on Tuesday there will be a short-term recovery, and then from there until the end of the month, altcoins will dump again for you to gather your holdings. I have opened copy trading, if you see a decent ROI then feel free to follow.
Update on ETH 1W for everyone: I didn't think ETH would pump up to the target this quickly, it seems like the market makers want to signal that the altcoin season is coming soon. But personally, I think this will be a fake rally to draw in liquidity, we need to see a downtrend to 2.5k-2.6k before ETH can really break the peak => which means there will be a strong correction wave coming, possibly this month or next month, and altcoins will return as if there had been no separation before the altcoin season can really begin again.
My profile has copy trading, if you see my win rate is decent, feel free to follow.
Update #BTC : From now until the end of the week, it will slightly rise around the range of 109-110k => backtest about 105k5 increasing until the end of next week, so currently, everyone will wait to go long up.
Update #BTC : Currently, in the 4H frame, the recovery force is still strong, and there are no signs of adjustment; perhaps it needs to reach 109k before a dump can occur. Hoping for a slight decrease today in the 1H frame to 106-106k5 for everyone to prepare for a long position.
Summary of key points from Fed Powell's Hearing today:
👉 The labor market remains strong, the economy is still stable; if both are strong, a rate cut will not occur (it will be difficult for this to happen when current interest rates are still high, along with Trump's taxes)
👉 A recession in the United States is unlikely to occur
👉 The reason we (the Fed) are not cutting interest rates at this time is that economic forecasts both inside and outside the Federal Reserve indicate that inflation will rise significantly this year.
Update #BTC : After a good news between Iran and Israel this morning, the market has had a slight recovery. Essentially, this is just a short-term recovery within a downtrend, not an uptrend yet. I think this recovery will last until Friday-Saturday and then rise to 106.5k-107k before dumping. If you are interested, please follow me for early news updates.
Update #BTC : After the crash early this morning, altcoins are in ruins, causing some long holders to be gasping for oxygen while others are burned out. With the current war situation, the chance of dropping to 99k8 is quite high for long holders. If it recovers from now, that would be great. Currently, the fear index of the market is very high + funding on exchanges is negative, indicating that short holders are chasing shorts => a short-term recovery is likely to happen soon. Personally, I think it’s about time to gradually test the bottom. For anyone who hasn't purchased coins yet, just gradually buy in without fear.
Update #BTC : After this adjustment, there will be a slight recovery to the 106k area, so for now, everyone can look to long and take the recovery up. I think it will probably go back to 102k2 once more to form a double bottom and then rise again, going down to 99k is very difficult😐
Vux Crypto
--
Update #BTC tomorrow: It is expected that the market will dump down around 102-103k to test again and then recover to about 105-106k forming a double top Those who are holding short positions can consider taking full profits at 103k.
Update #BTC tomorrow: It is expected that the market will dump down around 102-103k to test again and then recover to about 105-106k forming a double top Those who are holding short positions can consider taking full profits at 103k.
Update #BTC frame 1H: After recovery, it is expected that BTC will adjust further to around 105k, the 105k area is quite strong, so it probably won't break just yet, it will take a few more days before it drops again.
Update #BTC tomorrow: There will be one more slight recovery after the 1-hour adjustment around 106k5-108k, so those who are holding profits or losses should gradually take profits, or in a few days BTC might drop to 97k and that would be a loss. If anyone is interested, please follow me for the earliest updates.
Update #BTC frame 1H: Still maintaining the reduction view, brothers, closing 1H above 106k5 will return to the old level, otherwise it will dump back to 102k2.
The situation is that #BTC is forming a double top model, in this case, it will probably drop to 97k to test the FVG, so I wish everyone good luck holding on. If you're interested, please follow me for early updates.
Update #BTC : The situation is that adjustments are being made to the 4H frame, if it can still hold above the 107.5k area, then it can continue the uptrend, if it breaks, it will test 105k. If you are interested, please follow me.
Update #BTC images for everyone to understand, yesterday I saw a nice chart that seemed to break, so I was hopeful it would break and rise to 108-109k to profit, but it didn't turn out as expected. Currently, it is rejecting + further analysis on DOM is about to come + more bad news, so it indicates a short-term decrease to at least 103k2, and if it goes deeper, it could drop to 100k. Currently, anyone who is making a profit on long positions should gradually take profits, while those in the red should cut losses to place other orders to recover. The uptrend will return around the 11th or 12th or so.
Update #BTC tomorrow: Forming a V shape with 2 bottoms, expected to rebound to at least 106k, still a possibility to retest the 103k range, so everyone should not fomo long at the current price.
Update BTC on 1D: If it still closes the candle below 105k9, it may be forming a head and shoulders pattern => at best, it will dump to 100-103k, otherwise, it will head straight to 97k. If you are interested, follow me for news updates.