From recent data, Bitcoin's performance has shown signs of weakness, and the FOMO sentiment in the market has clearly cooled down; this trend is also evident in the ETH market. Although investors who entered the market due to FOMO have not engaged in large-scale selling, new buying volume has started to shrink. It is noteworthy that today, BlackRock's holdings showed no changes, while Fidelity went against the trend and bought nearly 14,000 ETH.
The current overall performance of the ETH market is still acceptable; although buying momentum has weakened, there is no significant selling pressure, and even Grayscale's selling volume remains at a low level of around 200. It is important to emphasize that this round of ETH's rise is more dependent on Bitcoin's price movements rather than being driven by its own independent market dynamics. Once Bitcoin experiences a pullback, it will be difficult for ETH to stand alone. $BTC $ETH #币安Alpha上新 #空投防骗手册 #特朗普就职百日 #SEC推迟多个现货ETF审批 #Strategy增持比特币
The large pie rebounded after encountering resistance and then fell under pressure, followed by another rebound. Currently, both upper and lower resistance and support levels are significant. From the 4-hour and 1-hour technical analysis, the bearish forces dominate the market. Key resistance levels suppress prices, while support levels are repeatedly tested. Multiple indicators are releasing bearish signals: the Bollinger Bands on two time frames are opening downward, strengthening downward momentum; the RSI is in a neutral to weak zone on both periods and has not stabilized; the 4-hour KDJ has formed a death cross, with the J value oversold, and after the death cross on the 1-hour level, the two lines are diverging rapidly. Capital flow shows a continuous net outflow from the market, with an increase in the amount of short positions being liquidated, and selling pressure and bearish activity are on the rise.
Operation Suggestions:
Large pie in the range of 94600-95200, target down to around 92200-92800
Brothers, the first and second targets of the concubine have completely arrived. Run if you need to, don’t be too greedy. What you have obtained should be put into your pocket to be truly yours $ETH $BTC #币安Alpha上新 #空投防骗手册 #特朗普就职百日 #Strategy增持比特币 #阿布扎比稳定币
Yesterday, Lu Shi already said it would drop, and today the current price given to the brothers is also about to drop, right? Also, the brother who I said yesterday would scold me as an SB, come out 😂$BTC $ETH #币安Alpha上新 #空投防骗手册 #特朗普就职百日 #Strategy增持比特币 #Strategy增持比特币
BCH's first target 360 has also been perfectly reached. Lu Shi won't say so many beautiful words, so we can only use time and strength to achieve direct results!
The liquidity of short positions in large contracts is concentrated around 96,500, having reached the liquidation peak, which is quite similar to the previous complete breakthrough of 85,000.
However, there is a liquidity gap between 97k and 98k that has not yet been fully filled, making the likelihood of liquidating shorts at 96,500 relatively high in the short term. But whether it can eventually enter the liquidation zone above 98k remains highly uncertain.
Theoretically, there are two possible trends:
1. After the macro data is released, prices may experience rapid fluctuations in the short term, liquidating short liquidity above 96,500, followed by a pullback, returning to the current range of fluctuations. Afterward, one can assess whether prices will rebound based on the distribution of new liquidity before Friday.
2. If the market perceives the macro data as bearish, prices may not liquidate the short liquidity at 96,500 and may directly pull back. If the subsequent long liquidity increase is not aggressive and the overall leverage is not high, after a round of pullback, there is still a possibility for prices to rise again and liquidate the short liquidity at 96,500.
The small non-farm payroll and GDP data will be released on Wednesday, and the big non-farm payroll and unemployment rate data will be released on Friday, which will inevitably bring significant volatility to the market, and there may even be a scenario of rising first and then falling. It is advisable to pay close attention and respond cautiously.
Morning pancake snack wave at 800 Dodiang Kongjian, currently the big pancake has reached the expected entry point at the current price of 95200 directly, target looking down around 94000, defense at 95800! $BTC $ETH #加密市场反弹 #Strategy增持比特币 #阿布扎比稳定币 #亚利桑那比特币储备 #亚利桑那比特币储备
After a brief pullback following a surge in Ethereum, it is currently in a consolidation phase with no signs of reversal yet. In this fluctuating market, if a rebound reaches high levels, the short-selling strategy can continue to be executed. Recent market volatility has been frequent, and the ups and downs in Ethereum's price are normal; do not hastily determine a reversal during an uptrend. It is advisable to capture high points to place short positions and respond cautiously to the rhythm of fluctuations.
The Big Pie firmly sits above 90,000 for over eight days, yet has not soared high, and a reversal seems distant. While bulls wish for a rebound, their strength is insufficient, and the high position still dominates the market. The bulls' rebound is weak, and bears hold the advantage; every rebound may be an excellent opportunity for bears. In terms of operations, the focus remains on short selling, and the Big Pie's trend continues to look downward towards the waterfall market predicted for early May.
BCH current price 373 directly short, first target looks down around 260, if it breaks continue to look down around 350, defend at 379! $BCH #Strategy增持比特币 #空投发现指南 #美股财报周来袭 #美股财报周来袭 #ProSharesTrustXRPETF