Don't rush to buy the dip on Ethereum! ETH daily chart shows a 'false drop', weekly chart shows a 'fracture', understand this signal before taking action!
Brothers and sisters in the crypto world, I am Aping. I know, watching ETH drop from nearly 4000 to around 3050, my hands are itching, and that voice in my heart is shouting: 'It has dropped so much, should I buy the dip now?'
Hold on! Brew a cup of tea and let me chat for a moment. After looking at these charts, you might draw a completely opposite conclusion.
1. Daily Chart: It looks like it can't drop, but is it really a 'trap for the bulls'?
The daily chart indeed gives a false impression of 'slowing down in the decline'. · Price: Repeatedly hovering around $3,055, it seems there is support. · Indicator: RSI(6) is around 42, not extremely oversold; although MACD has a golden cross, the value is very small, indicating weak momentum.
$BTC #比特币远古巨鲸持续出清 September and October have always been the days for counterfeit to take off, follow me! Recently, I've been getting the market analysis more and more accurate, my strength cannot be underestimated!
$Jager Slippage of 18% cannot be traded anymore, isn't it going to crash? Altcoins are worth 0, can't even sell them, what are they rising for, buying them just turns into a bunch of numbers.
Recently, altcoins have continued to decline, and a large number of altcoins have once again fallen to historical lows. Looking at it over a longer period, most altcoins will eventually go to zero, and the altcoin season that people in the community long for will no longer come. Some with actual business and at historical lows have higher odds and are worth the small bets for big returns. #加密市场回调 $SOL $XRP
On December 26, in the afternoon, Aping analyzes the future trend of Bitcoin.
$BTC Overall intuitive feeling: The market is currently in a very critical and fragile position. The bearish forces are clearly dominant, but there have been serious signs of short-term overselling, which could lead to a technical rebound at any moment. However, the medium to long-term trend still looks pessimistic. Detailed interpretation of charts across various cycles 1. Monthly chart (maximum cycle - looking at long-term trends) · Current Situation: Price (~$87,5k) is being heavily suppressed by key moving averages. MA(7) is at $106k, MA(25) is at $80k, and the current price is stuck in between. The most critical point is that it is testing the MA(25) long-term lifeline.
$FIL Every time you short, you can make money. This market maker is tailored for short sellers. Unfortunately, the square is full of long positions, all fantasizing about its former glory. Won't you short infinitely?
$TRB You only see the historical highest TRB of 600, but you haven't seen the historical lowest of 1.18! This indicates that it can still drop, the next step is 7.5! Shorting is steady.
$ETH Bitcoin has dropped significantly, but the bottom may be in sight! Let's see what the data says
Buddy, this market is really hard to watch! Bitcoin has now dropped to 85670 USD, down nearly 7% in a day, it feels like the entire market has turned cold.
But don't panic, I've carefully studied the data and found a key signal—Bitcoin's 'lifeline' may be around 83600 USD.
Why here? Look:
- Current price is 85670 USD, just over 2000 USD away from this position; - The 99-day moving average (MA99) is exactly at 83633 USD; - The lowest price in 24 hours has already touched 85360 USD, getting closer to the bottom line.
It's like bungee jumping, when the rope reaches the bottom, it should bounce back.
Moreover, the longer the time span, the greater the decline:
- 7 days down 4.64%; - 30 days down 15.47%; - 90 days down 26.38% directly.
What does this indicate? The greater the drop, the larger the rebound space!
Currently, market sentiment is indeed poor, with order books showing buy orders only accounting for 0.68%, while sell orders are as high as 99.32%, everyone is thinking about fleeing. But in times of such extreme pessimism, a turning point often comes.
My judgment is: the range of 83000-83600 USD is very likely the bottom area of this round of decline. The reason is simple:
1. The long-term moving average is supporting here, technically there is strong support; 2. After such a long and deep decline, most sellers have already sold out; 3. If they continue to sell down, the main force will also lose money.
So there's really no need to panic now, instead, we should start paying attention to those altcoins that are not dropping further. Many coins have already refused to make new lows after Bitcoin dropped below 90000 USD, indicating that smart money is quietly building positions.
Remember: Opportunities are born in despair and rise amidst hesitation. When everyone thinks it will drop further, the opportunity is often hidden within. What we need to do now is to stay calm, keep an eye on the key position of 83600 USD, prepare our bullets, and wait for the market to give a clear signal.
Data is as of the time of writing, the market has risks, and investment should be cautious.
$TRB has been continuously buying spot contracts, always holding them. The most important thing is that ZEC has 20 million coins, which can definitely lead to a wave for TRB. The total supply is limited, and it doesn't require much capital to drive the price up.
$DOGE Such a bear market? What are the reasons not to short? Dogecoin shorted to 0.08, short it and trust me, next year you will thank your current self.
Dogecoin has begun a significant pullback, waiting for the price to drop to $0.05-$0.08 before taking action
Based on DOGE USDT perpetual contract data (current price $0.15728, one-year decline of 58%), I will combine technical analysis, market trends, and risk management principles to analyze whether it is possible to buy at the bottom now or if we should wait for the price to drop to $0.05-$0.08 before taking action. Please note that the cryptocurrency market is highly volatile, and any investment decision carries risks; the following advice is for reference only and does not constitute financial advice.
1. Current Market Condition Analysis · Price Trend: The current price $0.15728 is below all key moving averages (MA(7)=0.184, MA(25)=0.209, MA(99)=0.191), indicating that the short-term, mid-term, and long-term trends are all bearish. The price is hovering around the 24-hour low of $0.15534, showing that selling pressure still exists.