Everyone has different views on the $BTC pancake. I am just expressing my personal opinion, and discussions are welcome if there are differing views.
First of all, I personally took a lot at 98600, but I couldn't make additional purchases, and now I've basically exited most of my position. I am not sure if I can continue to be bullish, but I know that it is time for me to leave. Even if it goes up further, it may not have much to do with me; I will only do what I understand.
Secondly, this corrective phase has basically completed, satisfying the 100% Fibonacci extension and the descending trend line. If it breaks through here later, we might see a new high, indicating that the market is improving and continuing to perform well.
However, if it does not complete the breakthrough here, or if the breakthrough fails, what I hope to see is the content in orange text. I will look for positions to continue buying in the range of 93300-96000.
Of course, currently, both MACD and RSI indicate a bullish trend, and a correction as I mentioned may not occur, but the market is ever-changing and can adjust at any time.
I hope everyone can do better and better in this market! #BTC
I am a small investor who has been struggling in the market and paid a lot of tuition fees (also known as the king of leeks). I record my personal experience in the square and share with you my own habits and ideas of looking at the market. Because I usually only look at the naked market, I look at technical indicators less, so finding key positions and important trends is the top priority. The market has always existed. Be cautious and calm, keep a good attitude, don't get carried away, don't be impulsive, and manage your positions well to live longer. I also hope to find like-minded people to discuss together. #BTC☀
$BTC $ETH The counterfeit season has been announced early, and if you just lay it out, you will have to consume a lot, right? I should be the only one who told you all in advance like this. If you don't lay it out soon, it will be gone.
牙叔Bit
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TOTAL3 represents the total market capitalization of all cryptocurrencies (i.e., altcoins) excluding Bitcoin (BTC) and Ethereum (ETH). This metric can roughly indicate the direction of altcoins, and from what I see currently, it is likely that we will soon welcome the altcoin season that everyone is looking forward to.
So, there are 3 perspectives on the altcoin season that we should pay attention to: 1. Direct breakout, then a surge towards 950B 2. A pullback to the lower support level, 4h ascending trend line, then a rally 3. A deep pullback, 1D ascending trend line, support at previous lows
In summary, I believe the third scenario will not occur. Personally, I am more optimistic about a pullback followed by a direct start to the altcoin season. I don't know why, just a gut feeling 🤭#山寨季
$BTC Perfect arrival! What else can we say about this pattern of the big cake? 120600-120900 enter 🈳, potential bear flag then try to be, fall below 117500 then continue to look down to 115800, if 115800 can't support, then the downward space is relatively large.
So the short position here can stop profit half, and the rest can be held to protect the principal.
牙叔Bit
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We hope that the pancake will follow a 'Little Bear Flag' pattern during this segment. If this pattern really forms, we can consider shorting at the position of 121700, with a stop loss placed just above the previous high. There is no temporary take profit set. This area also satisfies the Fibonacci 100% extension at the 1-hour level. If you're worried about missing out, you can take a small position between 120600-120900.
We hope that the pancake will follow a 'Little Bear Flag' pattern during this segment. If this pattern really forms, we can consider shorting at the position of 121700, with a stop loss placed just above the previous high. There is no temporary take profit set. This area also satisfies the Fibonacci 100% extension at the 1-hour level. If you're worried about missing out, you can take a small position between 120600-120900.
BTC.D represents the market cap of Bitcoin, TOTAL3 represents the total market cap of altcoins. If the market cap of Bitcoin decreases while the total market cap of altcoins (using the first method) breaks through a resistance level, it indicates that the subsequent altcoin trends will improve. The market cap of Bitcoin is about to touch the ascending trend line; if it breaks below here while the total market cap of altcoins continues to rise, the altcoin season is approaching. Therefore, what we are waiting for next is a pullback to go long and select some quality altcoins for investment.
牙叔Bit
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TOTAL3 represents the total market capitalization of all cryptocurrencies (i.e., altcoins) excluding Bitcoin (BTC) and Ethereum (ETH). This metric can roughly indicate the direction of altcoins, and from what I see currently, it is likely that we will soon welcome the altcoin season that everyone is looking forward to.
So, there are 3 perspectives on the altcoin season that we should pay attention to: 1. Direct breakout, then a surge towards 950B 2. A pullback to the lower support level, 4h ascending trend line, then a rally 3. A deep pullback, 1D ascending trend line, support at previous lows
In summary, I believe the third scenario will not occur. Personally, I am more optimistic about a pullback followed by a direct start to the altcoin season. I don't know why, just a gut feeling 🤭#山寨季
Yesterday at this location I temporarily ran away, this market is really unmanageable, it's a mess. If it breaks through here, it will go directly to the previous high above. Today, if the momentum gives an opportunity, I'll short again at $ETH .
牙叔Bit
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$ETH Recently, this market is really difficult to navigate; opportunities just aren't presenting themselves. When they do, either the setup isn't right or you have to make quick exits. After some research on Ethereum, I feel it's time to short it once. However, this time the potential for movement might be larger, so everyone should manage their positions carefully.
To get to the point, I suggest shorting in batches: enter a short position at 2735 (1/3 position), add to the position at 2775 (2/3 position), and set a stop-loss at 2795.
As for take-profit, I think it's best not to set it for now; let's wait to see how the market moves before updating the take-profit level.
$ETH Recently, this market is really difficult to navigate; opportunities just aren't presenting themselves. When they do, either the setup isn't right or you have to make quick exits. After some research on Ethereum, I feel it's time to short it once. However, this time the potential for movement might be larger, so everyone should manage their positions carefully.
To get to the point, I suggest shorting in batches: enter a short position at 2735 (1/3 position), add to the position at 2775 (2/3 position), and set a stop-loss at 2795.
As for take-profit, I think it's best not to set it for now; let's wait to see how the market moves before updating the take-profit level.
@蜜菠萝 I'm really sorry, I just saw your comment. Actually, you can find me on my homepage.
$PEPE Back to the point, let's take a look at PEPE. This position is crucial; if it can break through, the future will be bright. If it can't break through, it will directly plunge into the abyss. Remember these two positions; you don't need to look at the others.
TOTAL3 represents the total market capitalization of all cryptocurrencies (i.e., altcoins) excluding Bitcoin (BTC) and Ethereum (ETH). This metric can roughly indicate the direction of altcoins, and from what I see currently, it is likely that we will soon welcome the altcoin season that everyone is looking forward to.
So, there are 3 perspectives on the altcoin season that we should pay attention to: 1. Direct breakout, then a surge towards 950B 2. A pullback to the lower support level, 4h ascending trend line, then a rally 3. A deep pullback, 1D ascending trend line, support at previous lows
In summary, I believe the third scenario will not occur. Personally, I am more optimistic about a pullback followed by a direct start to the altcoin season. I don't know why, just a gut feeling 🤭#山寨季
After a period of momentum, $SOL SOL has finally stopped rising and started to pull back at the boundary line of bulls and bears on the daily chart. This is the medium to long-term view for SOL. If 120 can hold as support and it moves horizontally to the right, breaking out of the downward trend line, it would mean there is a possibility of continued upward movement thereafter. #sol
$ETH just reached the lowest point of 2433 right after being issued, at this time you can bet on an opportunity for a rebound
牙叔Bit
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The Ethereum at $ETH has been announced in a small circle to short at 2878 since the end of May, with extreme precision. Currently, it has dropped 400 points. Why short at the 2878 position? It is a daily resistance level and a 4-hour Fibonacci 100% extension level. This is the position provided by the market. Therefore, for the next steps, both lower points can be used to go long, with the reasons being one is the lower edge of the channel and the other is the support level ahead. #加密市场回调
The Ethereum at $ETH has been announced in a small circle to short at 2878 since the end of May, with extreme precision. Currently, it has dropped 400 points. Why short at the 2878 position? It is a daily resistance level and a 4-hour Fibonacci 100% extension level. This is the position provided by the market. Therefore, for the next steps, both lower points can be used to go long, with the reasons being one is the lower edge of the channel and the other is the support level ahead. #加密市场回调
$NEIRO lowercase dog is racing wildly and is about to test the resistance level ahead. It’s time to take some profit on long positions here, and the rest can be used to speculate on the upper space. But what if you haven't entered the market? We can only wait to see if we get an opportunity at the two positions below. This kind of rally might continue for a while longer.
#MOODENUSDT Hippo 🦛 Just these two points, either go up to scalp short one hand, or wait for it to pull back below and then go long, it's better to touch a coin controlled by a strong player less!
After breaking through the resistance level of $LTC 96, it is now hovering here. Once it stabilizes here, it will inevitably continue to surge towards the range of 108-112. Below, just pay attention to 96 and 81.
The Trump Coin predicted the trend in advance again, and the optimal entry point for buying is in the Fibonacci 0.618-0.66 range, which has already increased by about 40% since then. We should first pay attention to the resistance around 18 above. However, we need to see if it can break through the previous high. If it can't break through, it will continue to fall back to the upward trend line. Would you still dare to buy? However, I think around 10.8 is still a good position.
牙叔Bit
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$TRUMP Trump coin can now only wait for a pullback to go long, the best opportunity is to wait for the range of 0.618-0.66 to go long, for short-term opportunities, look for chances to go long at the 0.5 position, but it's just a rebound. Don't think about maximizing the gain. There is still a price gap around 8.8, and it may even be filled again.