ASTER hits the support level of $0.9 every time, it will quickly rebound.
This rebound is supported by good news, with its daily repurchase amount increasing from $3 million to $4 million. Based on this figure, the total repurchase amount for a month could reach $120 million, while the current market value of ASTER is $2.2 billion.
However, it is important to note that there will be a selling pressure from 200 million airdropped tokens next week, which is a considerable bearish factor.
I think if the price is pushed down, it will likely fluctuate around $0.6, at which point it would be a good opportunity to invest around $0.6, as the cost-effectiveness is quite high, making it a good chance to buy the dip.
BTC is currently in a triangular pattern, with a short-term pullback, but it hasn't touched the lower edge of the pattern. The day before yesterday, I originally wanted to wait for it to drop to around 86,000 to go long, but it only went as low as just above 87,000, so I missed the opportunity. In the short term, the focus is on the pressure at the upper edge of the pattern. If it can break through, there is a high probability it will continue to accelerate its rebound. The small-level support has already moved up to the 88,000-89,000 range, and if it subsequently pulls back to this range, we can consider entering a long position.
ZEC small levels show signs of bottoming, currently in a descending wedge formation, price continues to rebound. You can consider entering a long position in the 380-390 range. Once it starts to accelerate upward in the short term, the target is at least 450-470 or higher. Therefore, you can set up a long position, with a defensive reference of 360-350.
ASTER small level should pull back up! Currently, it is moving in a descending wedge, which is actually a test of support after a breakout. This support is quite strong, and it is highly likely not to break.
If you want to enter, you can go long around 1.04, and in the short term, there might be a wave of accelerated price increase.
BTC small level really followed the expectations, a spike down! But it didn't reach the 90,000 I wanted to buy long, the lowest was around 90,800, it's a bit regrettable that I didn't catch the long position.
However, the small level has already closed the spike, and the selling pressure has been mostly digested. Next, let's continue to look for upward movement~ In the short term, there is a high probability of pushing for a higher point, aiming for above 95,000!
This rebound is probably betting on the interest rate meeting at 11 o'clock in the morning, right? First, pull up a wave of speculation on good news, and then smash the market once the news lands. Are we really going to follow this script? In the short term, there should still be a small rebound, just adjust the strategy according to the market.
#ETH Last night, I inserted a needle downwards first. Seeing the trend about to drop, I didn't expect that as soon as the good news came out, the price slowly pulled back!
But to be honest, the trend of ETH is really too frustrating. It climbs slowly like a single coin. Looking at this rhythm, it is very likely to head straight for 3380.
Next, let's focus on BSC! Why do I say that? 3 key reasons: Sister has become the co-CEO, and everyone knows she has always liked meme coins; There are pictures showing Sister mentioned at the meeting that she wants to create more interesting Binance meme-related projects; Recently, two potential projects launched in the low market cap sector have already released related signals.
BTC short-term double bottom after a direct V-shaped rebound, and now the price is back above 90,000. It is clear that this is the main upward trend after the double bottom. Using the Fibonacci retracement, the 1.618 level corresponds to a high point around 100,000. The upcoming trend is very clear: either a pullback to the lower triangle edge or a direct breakout pushing up to 100,000.
If a pullback occurs, I will send the entry point, but for now, the probability of stabilizing after a breakout is higher, and in the short term, we can look forward to the 100,000 mark.
BTC market briefly explained: Yesterday, after the 864 short position stop loss, the price continued to rise significantly, mainly because the world's second-largest asset management firm, GS Pioneer Group, opened up the purchase rights for BTC ETFs.
From the market perspective, the small-scale trend pattern looks a bit strange, with the short-term resistance initially looking at around 93150. If this level is broken, it may then approach the resistance near 98k. Operation suggestion: First, wait to see the reaction to the resistance around 91350, then decide whether to take action and in which direction to operate.
OKX has suddenly delisted 5 altcoins: ACA, CLV, FOXY, PSTAKE, RACA. Now the market liquidity is getting worse, with funds all flocking to BTC. Many other altcoins are either stagnant or declining, repeatedly stagnating and then falling. When they have no space left to drop, they end up being delisted by the exchange!
Last time I shorted #Pippin and lost, I didn't pay attention to it again. Now, looking at it, wow, it actually increased several times compared to the last short position!
This coin is quite interesting; many coins of this type are like this, surging up when they rise, and when they fall, they drop straight down with a single candlestick.
Recently, SWARMS has performed well among altcoins. I made a small position with a 10x leverage long position! This coin has good value for money, and the target range is around 0.018 to 0.02. Let's take the opportunity to give it a try.
ETH's recent trend has been accurately predicted again, and long positions have entered smoothly! I've been reminding everyone to wait until it drops near 2730 to enter a heavy long position.
Just a reminder: remember to take profits in batches on your long positions. Here, you can adjust your strategy, leave some positions and set a breakeven stop-loss to hold on. After all, our cost is below 2730, and this drop completely aligns with our prediction, serving as both a second bottom test and the low point of an ascending wedge. The decline has fully played out.
So, moving forward, we should be looking bullish; this rebound will likely be strong. Currently, many indicators are diverging, which is a signal of a stop in the decline and a bullish outlook. Moreover, after the second bottom test concludes, it will initiate a small-scale main upward wave.
If the trend is strong, it may accelerate directly; if it's slightly weaker, there may be some oscillation before a rebound. If there is a spike that induces shorts, that will be the last opportunity to get in. Personally, I lean towards a few days of oscillation followed by direct acceleration, with a target looking towards 3000 points.
The leading MEME coin on the BSC chain, why is everyone playing copy and paste to pump it?
Now, every once in a while, there’s an old MEME coin on the BSC that surges, from Hakimi to the vulgar penguin, and then to last night's GIGGLE. Each time a coin leads the rise, many old coins will follow along, getting a piece of the pie. Following the upward trend to absorb some liquidity is not a big deal, but some coins don’t just follow the trend; they are closely mirroring the movements, and they are not small caps. Take yesterday's GIGGLE for example, it started to pump at 5 PM and dropped by 1 AM, forming an arch shape. The hourly chart of $4 and Binance's life is almost identical to GIGGLE, even the timing of the pump and drop and the pullback magnitude are quite similar. Could it be that behind these coins, there is really the same operator at work?
The previously mentioned key resistance level of 93500 has not been broken, and the price was pressed down after reaching around 93000. Even the short-term support level of 89000, which was to be monitored, has been directly breached!
Next, focus on the support around 85200 at the smaller levels: if it breaks here, the small-level rebound will be completely over, and it will continue to move downwards.
If you want to hold a short position for a while, just keep an eye on the performance around 85200. The next support range below is between 80000-82000.
BTC attempted to break the resistance level of 93200 over the weekend, but after failing to do so, it started to decline.
The current price is now close to the support range of 85000-86500. If it can stabilize here without falling further, there could be even more room for a rebound later.