Yesterday, I posted that BTC's overall direction still looks weak, and it was likely to retest around 59000. Sure enough, last night it broke the previous low, hitting a low of 59060. Those who went long had another day where their wallets were bombed!
The altcoin market suggested to position a bit in G yesterday, and right after posting, it shot up 20%. Despite the market dropping like that, it hardly followed suit, showing strong resistance! There's still a chance to accumulate a bit now.
How will the market move today? What should we focus on in the altcoins? Let’s take a look below.
Reviewing the V8 channel signals from yesterday's market performance.
In the first 48H, the average rise of the Top 10 was +35.77%, with the specific rankings as follows:
🥇 HEIUSDT: +68.59% [Entry 0.087020 @ 13:40]
🥈 SLXUSDT: +57.73% [Entry 0.1991 @ 19:15]
🥉 BEATUSDT: +54.72% [Entry 1.7580 @ 19:20]
4. SYNUSDT: +32.28% [Entry 0.2642 @ 00:50]
5. DEXEUSDT: +28.55% [Entry 19.3700 @ 08:05]
6. BTWUSDT: +26.93% [Entry 0.094330 @ 17:46]
7. RESOLVUSDT: +23.56% [Entry 0.023430 @ 09:05]
8. LABUSDT: +22.45% [Entry 15.5580 @ 01:05]
9. QNTXUSDT: +21.46% [Entry 68.3100 @ 15:15]
10. CLOUSDT: +21.46% [Entry 0.2320 @ 09:31]
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Market Analysis:
In terms of the market, BTC's current price is 60870. Looking at the OI during this rebound, it seems to be just a short covering bounce, not a bullish reversal. If BTC fails to reclaim the 62000–62500 levels, it’s still looking weak overall and is likely to test 60000–59000 again. If 59000 is effectively breached, the next targets could easily be:
58000 → 56500 → 52800. This path currently has a higher probability since the larger cycle remains below the moving averages, and the 1-hour Bollinger Bands are still pointing downwards.
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Today's key observations for altcoins: None
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The V8 channel link is in the comments for you to grab!
⚠️ Risk Warning: Altcoins are highly volatile, not investment advice. DYOR and manage your positions well!
#V8Sniper #山寨币 #加密货币 #币安合约 #Binance
The altcoin market suggested to position a bit in G yesterday, and right after posting, it shot up 20%. Despite the market dropping like that, it hardly followed suit, showing strong resistance! There's still a chance to accumulate a bit now.
How will the market move today? What should we focus on in the altcoins? Let’s take a look below.
Reviewing the V8 channel signals from yesterday's market performance.
In the first 48H, the average rise of the Top 10 was +35.77%, with the specific rankings as follows:
🥇 HEIUSDT: +68.59% [Entry 0.087020 @ 13:40]
🥈 SLXUSDT: +57.73% [Entry 0.1991 @ 19:15]
🥉 BEATUSDT: +54.72% [Entry 1.7580 @ 19:20]
4. SYNUSDT: +32.28% [Entry 0.2642 @ 00:50]
5. DEXEUSDT: +28.55% [Entry 19.3700 @ 08:05]
6. BTWUSDT: +26.93% [Entry 0.094330 @ 17:46]
7. RESOLVUSDT: +23.56% [Entry 0.023430 @ 09:05]
8. LABUSDT: +22.45% [Entry 15.5580 @ 01:05]
9. QNTXUSDT: +21.46% [Entry 68.3100 @ 15:15]
10. CLOUSDT: +21.46% [Entry 0.2320 @ 09:31]
───
Market Analysis:
In terms of the market, BTC's current price is 60870. Looking at the OI during this rebound, it seems to be just a short covering bounce, not a bullish reversal. If BTC fails to reclaim the 62000–62500 levels, it’s still looking weak overall and is likely to test 60000–59000 again. If 59000 is effectively breached, the next targets could easily be:
58000 → 56500 → 52800. This path currently has a higher probability since the larger cycle remains below the moving averages, and the 1-hour Bollinger Bands are still pointing downwards.
───
Today's key observations for altcoins: None
───
The V8 channel link is in the comments for you to grab!
⚠️ Risk Warning: Altcoins are highly volatile, not investment advice. DYOR and manage your positions well!
#V8Sniper #山寨币 #加密货币 #币安合约 #Binance