The market is now focused on the Federal Reserve's interest rate cut + dot plot + Powell's speech in a triple hit, just waiting to hit the countdown button.
Confirming the interest rate cut? The market has long priced it in.
What can really ignite the market is Powell's words at that time.
Why is everyone so nervous? Because the trend is just one official announcement away!
You must have seen the market's performance in the past few days —
spike, pullback, spike again, pullback again.
A typical 'pre-announcement market volatility structure.'
And ETH's shape is even dramatically exaggerated:
ETH's technicals now look like a fully drawn bow.
The 3050–3010 range holds up → the bullish structure is not broken.
3210 above is the first short-term door.
3280 is the second door.
Once both doors are breached?
It could really be the last 'skyrocketing' trend of 2024.
But what if it breaks down 3050–3010?
Sorry, the market will directly switch to 'plummeting mode,' and 2910 and 2800 are not just dreams.
Those who bought after the spike at 2940 are enjoying it, friends who still hold their positions should protect profits, and those without positions should wait for the US stock layout tonight.
Only 2 days left until the Federal Reserve's interest rate meeting!!
This month, a 25 basis point rate cut is almost a done deal, but you should know that globally, everyone is cutting rates except for Japan!
Market liquidity is decreasing, and there have been frequent price spikes recently; the methods used by market manipulators to liquidate leveraged contracts can be described as 'insane'!
Both bulls and bears should not be careless.
This wave of market action could see significant movements at any time!
Key BTC levels for today:
Short-term resistance: 93400-94500
Today's short-term resistance for Bitcoin is at 93400. If it breaks through, it may continue to challenge the 94500 resistance zone, which is the key battlefield for bears!
Short-term support: 88500
The lower level of 88500 is the key support level in the short term, as long as it does not break.
The trend of BTC remains strong, and bears must patiently wait for opportunities!
Key support: 86100-85700
If the market suddenly dips, 86100-85700 is the key support range!
This position is the last lifeline for bulls; if it cannot be held,
the market may directly turn bearish, targeting even lower levels!
Friends who joined long positions around 88200 last night, ensure profit protection and can continue to hold and watch.
The rebound has also generated a profit of 4000 points; those who joined have at least made 2000 points.
Friends who joined, please like and comment.
For those who haven't joined yet, there will be opportunities tonight; we will see the next wave of positioning in our chat room!!!
The biggest pressure in the market this month comes from the bearish impact of Japan's interest rate hike, which has become the core factor suppressing the market.
Last night, the bulls faced a continuous two rounds of sudden crashes, and liquidity was directly exhausted!
But pay attention, although the market is fluctuating violently, the support level is very stable!
Last night's sudden plunge was fierce
But within an hour, the bulls quickly held their ground, and the weekly mid-track support remains effective.
This indicates that the short-term plunge does not change the rebound trend; be patient and wait for opportunities!
Current market sentiment is cautious, but February next year is highly likely to welcome a rebound window,
In the short term, we will proceed steadily, seize the opportunities in the volatile segments, and steadily profit from low buys and high sells!
Did you manage to get on board during last night's sudden plunge?
Last night, ETH spiked to around 2940, and I brought fans in for long positions, which directly rebounded by 200 points.
Everyone said it was very enjoyable!
For friends who missed out, there will be another chance.
The next wave is tonight in the chat room, continuing precise layouts, steadily profiting, see you on the bus! 🔥🔥🔥
History tells us: Every time the RMB appreciates, there corresponds a depreciation of the US dollar
A necessary condition for a major market trend to start!
Recently, the market volatility has indeed been high, with a very low margin for error, but opportunities are present amid this fluctuation!
ETH is still expected to adjust in the short term, but the range is clear, and the conservative brothers should position themselves to steadily profit!
In the coming days, ETH is likely to fluctuate within the range of 3000-3200, providing ample opportunities for conservative players to position themselves!
During the day, pay close attention to the support at 3090
The defensive support is at 3030, and conservative brothers can position themselves to go long at the support level,
to profit from the rebound!
The short-term rebound target pressure for ETH is at 3250, and after breaking through, the pressure is around 3350!
Yesterday, I called for the family to enter long positions in ETH around 3080, and they steadily profited!
Fans made a profit of 6000U in just one trade
All we hear are happy cheers, everyone is saying "Steady as a rock!"
Friends who have followed along, give a shout out 😎😎
The next opportunity is already prepared, see you in the chatroom tonight, and we'll continue to seize it!
The short-selling pressure on STRK is evident recently, but it still maintains a positive increase within 30 days, indicating that long funds have not completely withdrawn.
In the past 24 hours, a net capital inflow of $13.17 million has been recorded.
This indicates that despite the price drop, there is still capital continuously absorbing, which may lay the groundwork for a subsequent rebound.
Technical Analysis: Short-term Resistance and Bullish Tendencies
Key Technical Indicators
Resistance Levels: 0.1250, 0.1398
These two price levels will become critical points that bulls need to conquer in the short term. Support Levels: 0.11, 0.095
If the price drops below $0.11,
it may trigger a larger range of selling pressure, but it also provides potential long-term entry opportunities for bulls.
Bullish tendency is obvious.
Margin data shows that the proportion of long accounts is as high as 97%,
indicating that market sentiment leans bullish, despite current bearish pressure, the willingness to go long is strong.
Although STRK is under short-term pressure, technical upgrades and capital inflows lay the groundwork for a rebound.
Last month's short position around 0.2532
perfectly captured the trend, with a 20x return directly in hand!
Are there any friends still following to profit?
The last wave of short positions was perfectly harvested, and the next long-term trend opportunity should not be missed!
Alarm sounded! Hawkish rate cut in December + Japan's rate hike, is the market going to cool down?
Is a major crash opportunity coming?🔥
Brothers, the December market is simply a "battlefield", and the upcoming plot is already clearly arranged:
On the 1st, the Federal Reserve will implement a hawkish rate cut! **On the surface, it's a rate cut, but in fact, it's a hawkish move, directly suppressing market risk sentiment!
On the 19th, the Bank of Japan is forced to raise interest rates! Global liquidity tightens further, and the market is drained!
From October until now, the entire crypto circle has been rubbed down hard,
Market trends have been unsatisfactory, unable to rise, and negative news keeps coming in waves!
Market sentiment has already collapsed, and many funds simply dare not enter the market!
If it drops further here, it’s basically heading for new lows.
What the big players want is to completely crush retail investors' confidence, and then accumulate positions at the panic bottom!
Yesterday, I accurately set up short positions near 3000 with fans.
The market steadily dropped, and profits skyrocketed.
This time, we made another 1000 dollars.
Fans exclaimed it's delicious!
In this kind of market, not making some big gains would be letting yourself down!
The current market is the big players washing the positions; the panic bottom hasn't arrived yet, continue to hold the short positions, don't be scared by short-term fluctuations!
Although this wave of market is painful, big opportunities are brewing!
The probability of a rate cut in December skyrocketed: Federal Reserve officials have been consistently dovish, and Goldman Sachs directly stated that "a rate cut in December is imminent," causing market sentiment to explode!
Trump's policy towards China has obviously "cooled down": once this signal was released, risk aversion weakened, and funds immediately flowed into risk assets, causing the cryptocurrency market to soar instantly!
Brothers must remember that the market buys expectations, and when they are realized, one should run!
Once the rate cut is truly implemented, the vast majority of people will choose to cash out their profits and exit, and the pullback at that time may be more severe than expected!
On the 22nd, I accurately positioned long trades near 2720 with my fans.
This wave of market directly surged to around 2980.
Steady profit of over 200 points, each trade yielding thousands of dollars in profit! 💰💰
While the market is fierce, one must operate calmly.
For the next trade, we will continue to wait for opportunities to position.
Short-term support: 2800, as long as it does not break, continue to look for a rebound!
The market is still rebounding, and opportunities are right in front of us.
For the next trade, we must continue to steadily take profits!