Say Alhamdulillah for what you have, and trust Allah for what you are waiting for. 🌙 What is meant for you will arrive at the perfect time. Not early. Not late. But exactly when your heart is ready. 🤍 May Allah fill our lives with light, mercy, and endless blessings. Ameen ✨
Today, Bitcoin and Ethereum experience a strong rebound, mainly driven by technical support and improved macro sentiment.
Bitcoin rose from below $64,000 this morning to a peak of $66,306, while Ethereum recovered the $1,900 mark, reaching a high of $1,926. Analysis of the rebound reasons: 1. Technical buying support: Bitcoin has tested the $63,000-$64,000 range multiple times without effectively breaking down, forming a short-term bottom structure, and the rebound accompanied by increased trading volume indicates that funds are entering the market; Ethereum successfully held the key support at $1,840. 2. External market assistance: The US tech stocks rebounded (NASDAQ rose 1.1%), and Asian stock markets fully warmed up, driving funds from safe-haven assets back to risk markets. The market expects an increased possibility of the Federal Reserve cutting interest rates in April, which also provides liquidity support.
The 24th wave of red envelope rain. It is expected to distribute 5 million in the first half of the year. Follow me. I will start live streaming next week to distribute. Giving benefits to my brothers. No one should stop me from giving out money. I will keep distributing during the live streams after the New Year.
In a world where the cryptocurrency industry is changing and growing at a dizzying pace, Kava Chain stands out for its ability to adapt and lead. Since its founding in 2017, Kava has demonstrated a clear vision and an innovative strategy that has made it a leader in the Cosmos ecosystem. A past of success and growth Kava Chain started with a vision focused on cross-chain payments, but realized that the future was in decentralized finance (DeFi). With a combination of innovative strategy and technical prowess, Kava became a leader in the Cosmos ecosystem. Key partnerships with Ripple and Binance validated its initial strategy and allowed it to grow and expand.
Make an analysis at the daily level of Ethereum The rise in this segment over the past two days has formed a perfect daily trend within the consolidation area from 4100 to 4900 (see the chart), and the RSI, volume-price, and MACD indicators are about to welcome a daily upward trend 📈 divergence. We just need to patiently wait for the market movement to finish. So it doesn't matter if we missed this rise; both bulls and bears have profited from the high-level consolidation pattern. Don't be too greedy; it's basically fine to reduce high-risk operations for now. In the future, I will still focus on short positions. I will also intervene in long positions, but they must be short-term longs. In the evening live broadcast, I will explain the subsequent market layout #ETH