🔺From the 4-hour cycle perspective, $BTC , $ETH trends continue to diverge, BTC and SOL trends are more similar, both breaking out of the box structure,
🔸BTC fluctuates in the range of 89000-94000, SOL fluctuates in the range of 130-144,
🔸In terms of operations, focus on low long and high short, which is a typical rising trend of bottom lifting, continuing to rebound after completing the support-resistance switch in the range of 3150-3200, it is recommended to primarily go long based on the support level.
🔹 BTC and SOL around the box high short and low long, ETH is recommended to primarily go long.
🔻$BTC 、$ETH 、The trends of the three major cryptocurrencies, SOL, are still within expectations, 🔸BTC and SOL are both forming ascending triangle patterns, encountering resistance around 94000 and 144 respectively, which has been validated several times as strong pressure,
🔸However, the bottom is gradually rising, and ETH is currently the strongest, moving in an ascending channel,
🔸Last night, it reached a new high again, but encountered resistance at the upper edge of the channel,
🔹If the price can reach the lower edge of the channel, it is recommended to focus on going long.
🔺$ETH formed strong support again at position 3100, and a bottom support signal appeared, 🔸but why did I choose to go long on ETH first, instead of BTC or SOL? 🔸this is the judgment and comparison of trend strength, currently, ETH has a stronger upward trend strength, and in trading, the stronger the trend, the more it is worth following
🔺Yesterday I shared the pattern, ETH is a standard bull flag pattern, which is a continuation pattern, 🔸upward trend + continuation pattern = bullish pattern, and the upward momentum is strong while the pullback momentum is weak, therefore, it is still recommended to primarily go long at support levels
🔻Today I will share some common candlestick patterns in price action trading systems,
🔻Overall, they can be divided into continuation patterns and reversal patterns. Continuation patterns suggest that the market is likely to continue the current trend,
🔻For example, bull flags, bear flags, ascending and descending triangles, etc., while reversal patterns often indicate that the trend may reverse,
🔸Common examples include double tops and double bottoms, head and shoulders tops and bottoms, V-shaped reversals, rounded tops and bottoms, etc. Generally, after forming a pattern, entering the market corresponds to right-side trading.
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🔸The current trends of BTC, ETH, and SOL are diverging. BTC is forming an ascending triangle pattern,
🔹with the bottom gradually rising. The pressure around 93,000 to 94,000 USD forms a strong resistance, while ETH is moving in an ascending channel. A quick rebound occurred last night when it touched the lower edge of the channel, showing very strong support around the 2900-3000 position, with resistance projected at 3300,
🔺SOL is also forming an ascending triangle, with strong resistance near 144.
#美联储重启降息步伐 🔻It has been 8 weeks since the major liquidation on 10.11. Observing the reversals after the previous significant drops, 8 weeks should be an important reversal period for a person.
🔻There will be one last interest rate cut in 25 years, and the market is expected to warm up accordingly.
🔻In conjunction with the foreign New Year before Christmas and the law that dictates a drop during festive periods, another decline is anticipated around that time.
🔸Therefore, there is no need to rush to buy the dip at the moment; just pay attention to the market in conjunction with the interest rate cuts.
#美SEC推动加密创新监管 The United States is still innovating regulations, while China has firmly clarified its policy orientation to suppress virtual currencies, including stablecoins.
Affected by this news, the price of u has plummeted, now hovering around 6.93. Therefore, $BTC has also retraced to below 90,000, and is currently still in a range of fluctuations.
Liquidity is not very sufficient over the weekend, so if there’s nothing happening, it’s best to maintain a resting state and not rush to open positions unless extreme one-sided market conditions occur.
🔻$BTC $ETH $SOL have broken through the important resistance level on the daily chart, 🔹93,000, 3,100, 144, and the momentum of this breakout is relatively strong, 🔹after the breakout, it formed a W bottom reversal pattern and broke through the downtrend line, 🔹therefore, it is currently recommended to mainly go long, ETH is performing strongly under the influence of the Fusaka upgrade, 🔹after breaking the resistance level, it formed a W bottom reversal pattern, indicating that the current downtrend may have ended.
🔸In terms of operations, it is not recommended to chase highs; currently, it is suggested to look for a pullback. If the pullback does not break the potential support level of 3,100 and completes the support-resistance exchange, that would also be an opportunity to go long
🔹Started to rebound, and the current prices have all reached near the resistance levels of the box, which are 93000, 2100, 143,
🔸Next, we will see if it can effectively break through the resistance level. If it can effectively break through, it is expected to lead to a wave of rebound market, if it cannot effectively break through, it may continue to maintain fluctuations.
🔸The current overall market trend is relatively weak, maintaining a narrow range of fluctuations, there has not been a strong rebound, nor has there been a breakthrough of key resistance trend lines,
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#ETH走势分析 The current BTC, ETH, and SOL trends are beginning to diverge,
▪️ BTC is in an upward channel continuously raising the bottom, ▪️ ETH is in a range-bound fluctuation, with a range of 2985-3050, ▪️ While SOL has broken below the support level and is in a downward channel. With the US stock market not open on Thursday, the overall trend is relatively weak,
🔹 However, there are trading opportunities in this fluctuating market,
▫️ For BTC, it is recommended to focus on low buys near the lower edge of the channel, ▫️ For ETH, focus on low buys and high sells around the range, ▫️ For SOL, it is recommended to focus on high sells near the upper edge of the channel.
🔅 Currently, the overall volatility is low, so profit-taking and stop-loss settings can be narrower, suitable for intraday scalping trading.
#加密市场反弹 $BTC The cumulative demand for addresses has risen to a historical high of 365,000, a significant increase from 254,000 at 11.1, laying the foundation for a rebound to break the 90,000 U barrier.
🔻$ETH and $SOL have both effectively broken through yesterday's fluctuating range and have established new support levels along the upper edge of the range.
🔸 It is currently believed that this downward trend (4200-2600) has ended, and it is recommended to primarily focus on going long on pullbacks to support levels.
🔸 Currently, ETH is paying attention to the new support level near 3000, SOL is paying attention to the support level near 141.5.
#加密市场反弹 Currently, $ETH and $SOL are moving quite similarly, both in a slightly strong rebound market,
🔻 ETH is at 2876, and after completing the support-resistance exchange at the 133.7 position for SOL, both are experiencing a range-bound fluctuation, encountering resistance at 2985 and 140.5 positions respectively,
🔹 The corresponding actions are to focus on low buys around the lower edge of the range and high sells at the upper edge, with a better risk-reward ratio for low buys at the current position, it is recommended to primarily focus on low buys.
🔸 $ENA can also be followed, showing a very clear upward trend, the downward trend has gradually come to an end, and the momentum of the upward trend is still strengthening; even at the current position, considering going long is viable.
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#L1公链 $MON (MONAD):The new generation of high-performance EVM L1 public chain
🔹The core value of Monad lies in "high performance + fully EVM compatible".
If the technical performance and ecological construction progress smoothly, it is expected to become an important participant in the next stage of L1 narrative.
However, the project is still in its early stages, and its subsequent development critically depends on: whether it can launch applications, attract developers, and seize users.
🔸It has been listed on Upbit, Binance currently only has contracts listed, because CB has released a lot of quotas for new tokens, The tokens are fully circulated, and there is an expectation to list on Binance's spot market. If the market has a pullback in the next few days, it's essential to get in, but due to too many profit-taking positions, it may take some time for the market to be washed out.
$WLFI is still strong, the market is not good, definitely do not chase high, pay attention around 0.12 to get in.
🔅AVE has also connected to Monad's launch platform, those who can participate should keep an eye on it, you might get a golden dog.
#比特币波动性 🔹Currently, $BTC and $SOL are both in a rebound upward channel, The trading strategy is to go long at the lower channel line and short at the upper channel line, with narrow gains and narrow losses,
🔸Meanwhile, $ETH is in a range, 2775-2865, The trading strategy is to buy low and sell high, currently the profit-loss ratio for going long is greater than for going short, However, due to the unclear trend, it is essential to set stop-loss and take-profit levels.
Additionally, AVE has completed the full integration with the @Monad public chain, becoming one of the first supported aggregation trading platforms, fully opening the discovery and trading entry for Monad ecosystem assets.