⚠️#ETH Strong breakthrough at the 3200 USD mark! According to market data: ETH/USDT is currently reported at $3190.00, with a 24h decline of -4%. Despite the overall correction, Ethereum remains stable above the key price level: • 3200 USD is the lower edge of the liquidation zone (holding this level is crucial) • The battle between bulls and bears is intense, and volatility is starting to increase.
On December 11th, the Federal Reserve will make a significant announcement at 3:00 AM regarding interest rate decisions, followed by a press conference by Powell at 3:30 AM. #BTC #ETH
Brothers, the chat room has been successfully opened here. Those who haven't entered can go in first. Last night, #布局策略 U.S. stocks went back and forth.
Brothers, pay attention ⚠️, there are quite a few news items this week. How are we arranging this week? Monday —— QE starts Tuesday —— Inflation expectations Wednesday —— Federal Reserve rate cuts Thursday —— Federal Reserve balance sheet release Friday —— Jerome Powell resigns
Big pancake #BTC BTC's early morning drop to 90800 stabilized and rebounded, currently running around 92000. In the short term, the bulls are attempting to repair, with rebound targets in the 92350–92800 range, and strong resistance at 93500–94100. This wave of market movement belongs to a weak repair structure, and blindly chasing the rise is not recommended; waiting for a pullback to the 91000–91200 area for a safer entry is advised, with a stop-loss set below 90500. If the upper pressure zone meets resistance, a short position can be taken.
Second pancake #ETH The short-term 1-hour level is weak, with the price repeatedly hitting 3185-3200 without stabilizing, indicating that capital is not easily chasing the long position at high levels. However, the larger trend on the 4-hour level is still upward, just currently in a consolidation phase after the rise. From the indicators, the MACD on the 1-hour remains below the 0 axis, indicating insufficient short-term tension; while the 4-hour bars are shrinking, they have not crossed, still existing, indicating a bullish direction, needing a healthy pullback to regain strength.
Therefore, today's trading focus remains on both high short and low long rhythms. A breakout above 3185-3200 is the best position for a short-term high short, although the rebound may not reach the mid-line, it still provides an opportunity; if a pullback to the 3108-3125 area occurs, it is a safe entry point for a long position.
Recently, there have been quite a few favorable news, #美联储结束 QT, the SEC chairman announced that the exemption for crypto innovation will take effect in January, and so on. All the positive news was released within a day, leading to a rebound of BTC to around 9.3. In a bear market, there is a kind of rise called (dead cat bounce), and the final outcome is always the same. Don't foolishly shout that the bull market is back, or you'll be that clown 🤡.
Today our short line has reached the second take profit at #ETH , and we can close half to aim for the third take profit. Brothers who haven't entered yet can go long around 3050, and the stop loss should be set at our last entry point of 3020. The take profit can refer to my previous work. I also wish the brothers a hearty meal.
#ETH Last night's long position took off, strongly breaking through 3000. Note that the 3100 point is a dividing line. ETH broke through 3100 and stabilized, at this point holding a short position is no longer necessary. Today's strategy: short-term bullish around 25-35. Stop loss 2990 Take profit: 3050-3080-3100 For the long term, pay attention to small positions entering short around 3050-3080. If 3100 stabilizes, the short position can be abandoned. ⚠️ Be careful to prevent a spike at 3100.
The big trend has never changed; retail investors should not easily go long, at most they should only take short-term swings. It is recommended to use small leverage for long positions at high points to short, ensuring that pullbacks do not trigger your strong liquidation. There are many people in the crypto world who became rich overnight, but they have the capital to start over.
#ETH The current price has once again fallen below 3870. I have been bearish for a while and this wave of rebound has already completed. The overall trend is still bearish, so be cautious when going long. 2650 can't hold.
If you shorted at 3030, how far can you expect to go???
After every major rise and fall, there must be a period of consolidation. Near 3000, you can enter long positions up to the 3100 level for a long-term short position. If you enter a short position at 3100, can you manage it to what level?
This ether is really damn strong, it doesn't even pull back, just wants to shoot straight up. Let me see what you have, currently for the overall trend, I still see it going down, expecting a pullback. Brothers, short on the highs.
#ETH Last night, it made a strong breakthrough past the 3000 integer mark, which is a good performance. The rebound after the daily level breakthrough has the next important resistance level around 3150-3200. Main strategy: Short on rallies, a small position has already been entered at the current price, and a 2% position can be held for now; it might just be the highest point (҂ ꒦ິヮ꒦ິ)
11.18 The market has been relatively cold lately, often giving people a scare in the middle of the night. There has been an unending stream of injections. The daily cycle has entered the bottom, and chasing shorts below 3000 for second-tier assets and below 90000 for first-tier assets is not an ideal choice. After extreme shorting, the market will brew a rebound, and every time confidence is lost, it is accompanied by the birth of opportunities. The weekly and monthly bearish trend remains unchanged. The daily chart is at the end of the bearish phase and the beginning of the bullish phase, in a stage where a little sunshine can make things shine. Pay attention to the actions of the old man.
First-tier asset: The bottom range is between consolidating at the bottom or accelerating downward with a quick V-shaped rise, with two possibilities. The technical indicators are bearish in the short term, as the price has broken below the middle Bollinger Band and is approaching the lower band, with short-term moving averages indicating a bearish arrangement. However, some technical indicators, such as RSI, have approached the oversold area, which means that the selling momentum may weaken in the short term, and there is a possibility of a technical rebound. Market capital has been flowing out for a week. Support: 90000, Resistance: 95000
Second-tier asset: Following the first-tier asset, although there are whales protecting the second-tier asset, the continuous decline of the first-tier asset will also cause the second-tier asset to passively decline and increase emotional value. The moving averages are in a bearish arrangement, and the price is facing pressure below a key resistance level. However, at the same time, some technical indicators, such as RSI, have approached the oversold area, indicating that the selling momentum may weaken in the short term, and a technical rebound is possible. However, currently, the daily momentum shows some divergence. Support: 2940, 2900, Resistance: 3200, 3250
This morning, #ETH again pierced at the 3000 position, with two consecutive attempts failing to break 3000, indicating that there is strong resistance near this position. I suggest placing a long position near 3100.