Bitcoin/Ethereum expected to surge? Facing another drop, next week will definitely be crucial!
The short-term counterfeit trend is the real culprit. Bitcoin - Ethereum fell back after pressing, and the weekend ceasefire talks have temporarily ended. As of now, there has been no substantial progress, and the time for the next round of talks has yet to be determined. Instead, at such a time, a situation may arise where the good news has not finished but the bad news comes instead? Therefore, the key on Monday needs to be cautious of false pullbacks showing continued breakthroughs, which also continues the trend from Friday's closing. During the session, a signal of 74000 was also indicated, $ETH 2370 must be the key point for a short-term rebound. If it doesn't break, it doesn't stand; timely dispose of positions, and the judgment within expectations is undoubtedly clear.
The market's still struggling to move up, and we’re definitely at a key level here. Pre-market, I’m looking to stack some longs around 65500 in batches. The main focus for the rebound is to watch the intraday resistance at the next high point. For the range bounce, keep an eye on 65800-67300, and if we break above 67500, let’s see how the volume reacts for further upward momentum.
With the Fed's FOMC meeting just two days away, there’s no need to panic. Ethereum is currently sitting around 1770 with some longs in sync, and for the rebound, I’m targeting 1800-1850. Pre-market resistance is at 1880-1900, and if we break that, make sure to cut losses and protect profits...
It seems like we’ve been feasting lately, whether it’s altcoins, Bitcoin, or Ethereum. The U.S. stock market is bouncing around a bit, so let’s play it safe and keep an eye on $BTC .
Triangle pattern shift, isn't this signal suggesting to short instead of going long?
For the range pullback, just keep an eye on 660. If the bears are weak, then it's time to go long. If you're still doubting the charts, your account will only shrink. Is this not a guaranteed win?
For ETH, if it pulls back around 1800 without increasing volume, aggressive traders might consider going long (at current price). Add to the long position around the intraday low of 1740, and set a stop-loss if it breaks 1720.
P.S.: If you're still paying tuition every day, make sure to mute the plaza's eternal profit gurus... $BTC
The pattern looks pretty much the same, so the spot at 1500 feels solid. Can't say we won't see ETH back at 1500 in the future. Now, it's all about whether the whales have any plans for 5000...$ETH #美国战略石油储备创1983年来新低
The US and Iran have signed a memorandum of understanding; can the Fed's rate decision push higher?
After a major dip, there’s a recovery on the horizon, but the road to rebound is long and winding. Given the latest geopolitical situation, it’s been confirmed that the US and Iran have signed a memorandum of understanding aimed at quickly ending hostilities related to Iran and reopening the Strait of Hormuz. The formal signing ceremony is set for this Friday in Geneva, and there may be 60 days of technical negotiations to follow, so we can't take this situation for granted!
Before the full implementation of this plan and the Fed's rate decision, crude oil started to decline last night. The Fed is unlikely to raise rates immediately this time, and there is no indication from Waller's speech that he’ll make any aggressive hawkish remarks. If the actual outcome leads to a cooling of the previously inflated rate hike expectations, and it’s confirmed that there won't be a rate hike, then the market sentiment is expected to flip immediately, further pushing Bitcoin and Ethereum upward.
Looking at the structure, the biggest characteristic of this round of increase is that altcoins are clearly outperforming Bitcoin. Yesterday, Bitcoin’s gains didn’t even reach half of Ethereum’s. Funds are starting to lean towards more elastic assets, a phenomenon that often occurs during the recovery phase after a market dip, rather than at the start of a true bull market. Therefore, we can't simply equate altcoins' strength with a bullish trend for the overall market; in the short term, we’ll see if the next pullback can hold at the key support level.
Now, looking at Bitcoin itself, the MACD on the four-hour chart has noticeably shortened its red bars, indicating that bullish momentum is starting to fade. This was also a signal to short when it bounced back up to the 67,000 area last night, with the script indicating a short at the 67,500 area. Minor pullbacks have hit the target at 66,000. For the trend, since it couldn't catch a rebound at lower levels, the selling pressure at critical resistance can definitely be shorted; don’t expect a one-way street!
During the day, look to go long around 65,000-65,300, with upward targets at 66,500-67,300. If we break above the daily resistance, consider taking profits and watching 67,500-67,800.
For Ethereum, keep an eye on real-time updates $BTC # US strategic oil reserves hit a new low since 1983.
What’s up with those still eyeing Ethereum at 1300 while Bitcoin's aiming to break 50k? 🤔
Are we about to start talking about this bounce and all that? Let's see...🙄
If we're shorting Bitcoin, the range to watch is around 67500-67800. For smaller timeframes, we're looking for a pullback only at 66300-66500. If it doesn't break 660, and the volume on the pullback seems weak, better to run a short and keep an eye on the intra-day resistance at 67700.
$ETH 1880-1900 to short, and if we dip, keep an eye on 1840-1820. The daily chart shows a bearish triangle, so getting that timing right is crucial!
Long story short, wishing you all smooth trading...$BTC
On the daily chart, we see 9.888-4.444, and everyone is waiting for the whales to pump and make a fortune. Right now, it's still a game of 90 against the market opening gaps. As long as you're brave enough to short at the right spots, there's definitely a seat for you in the palace!
This year, altcoin hype is indeed high, retail traders are scared to short for fear of a pump, and diving in deeper worries them about a crash. In the end, both the rises and falls seem to pass you by. When the pie is hot, it can burn your mouth; when it's cold, you have to take your time to nibble. Has it doubled after breaking below $5?
$ZEC If someone keeps telling you it's gonna crash, you can straight up blacklist them!\n\nAlso, if they're charging you daily and not delivering anything, you can definitely ask for that refund...\n\nThe bottom positions are still in play, and conversely, is 400 really a lot?\n\nYou might wanna take small profits, but don't go overboard; I missed out on adding 400 to my 400 placements, only to see a 100-point trend slip by, and structurally, the expected 500 is pretty much unchanged.\n\nPS: There’s no such thing as perpetual profits in trading, only the core shifts in confirmed trends!
Fortune favored me with a half cut, after riding the high at 480, it’s been a steady decline. Considering pulling out at 400 for protection, still feeling good about the fees, but profits are taking a hit. If we drop below 400, I might add to my position, as I'm still bullish on hitting 500. Now, just waiting on time $BTC #SpaceX上市美股高开 .
Weekend chat about short-term signals, the key resistance in the triangle zone is still holding, and US stocks have calmed down...
The crypto fear index is relatively high, and the daily chart hasn't reversed yet. Last night saw a strong volume spike, and as expected, the liquidity sweep remains unchanged. The current market structure isn't necessarily bearish; it's just in a pressure zone accumulating. The range-bound movement is still ongoing.
On the four-hour chart, the technicals still suggest a rebound, with prices stabilizing above the short-term moving averages. The MACD bullish momentum continues to strengthen, but on a smaller scale, it still leans towards neutral, showing signs of a top divergence in the trend. For the short term, we're still looking bearish; let's wait for a pullback to the support area before considering a rebound.
Bitcoin resistance is around 64000, adding to positions near 65000 on a retracement, and looking for a pullback to 63200-62500. Don't expand positions unless the range breaks!
Keep an eye on Ethereum's developments over the weekend...$BTC
$SPCX US stocks just shine like gold, but behind that is a knife; in the blink of an eye, a 10% drop, the bubble keeps inflating. You've got to learn to hedge your bets $BTC #SPCX反弹至183美元
$SPCX US stocks, Musk's split decision b, after-hours watch if we can short at 176, defend at 180 with a small buffer, short-term US market volatility is too high... $BTC #SpaceX750亿美元上市