AllenDing

Under the influence of the comments from the Hassan Te pigeon faction, BTC and ETH strongly broke through multiple daily EMA resistance levels in the early morning. This is the strongest rebound since November, and one can pay attention to the market trend after the Federal Reserve's interest rate decision is announced tomorrow. If it holds at the moving average position, the probability of a market reversal increases.
Operations advice before the early morning of the 11th:
Those with heavy positions can place limit orders to take profit at the upper daily resistance level in batches.
Those with lower positions can place limit orders to build positions at the lower daily support level in batches.

BTC fell back below 90,000 yesterday, indicating a disruption in the daily level rebound trend.
Whether it can return above 91,500 before next Monday is a key indicator. If it can return to 91,500 and stabilize, then there is still a chance to break out of the downward trend; otherwise, the downward trend will continue, potentially challenging the 80,000 mark again.
Ethereum has been performing better than BTC these past few days due to the Fusaka upgrade, but unfortunately, BTC still serves as the barometer for the entire cryptocurrency market, making it difficult for ETH to have an independent market.

Currently, trend judgment only requires looking at BTC. Due to insufficient funds and lack of activity in the market, ETH and SOL are merely following, at most amplifying the fluctuations a bit.
Currently, BTC is around 93000, which is a key position with multiple critical levels.
1. It is the high point of the last rebound.
2. It is the resistance level of the 4-hour EMA moving average. Since November, every rebound has not broken through this resistance level.
3. It is above the middle track of the daily Bollinger Bands.
If BTC does not drop back below 91500 in the next 3 days, then the previous continuous decline pattern will be considered broken, possibly leading to the strongest rebound since this decline. Why is it a rebound and not a reversal? Because a reversal in the moving average pattern requires time to confirm.
If BTC confirms it stabilizes and exits the downtrend, then one can increase positions in ETH and SOL during dips, as both of these coins are severely oversold in this round.
#趋势分析

P的认真点sb

Market Outlook

1. The market is currently an absolute golden pit, even if the China-U.S. trade war escalates and intensifies.
2. The strategy is to first enter with 50% of the position; I have already built positions in btc at 110000, eth at 3700, and bnb at 1050. Next, we will wait for the performance of the U.S. stock market next week.
3. ETH has strong support at 3500; I will fully invest in spot at this level, and if there is a significant drop, I will consider using leverage in a pyramid strategy.
4. The recent drop and rebound, represented by #bnb , shows absolute market dominance. The new coin airdrop + alpha empowerment is still too strong, combined with Binance's direct operation, I am very optimistic about BNB's performance in the future market and will allocate 25% of the total position to BNB.
5. A drop is an opportunity; an increase has always been a risk.