The liquidity in the crypto space is really trash!
Bitcoin #BTC has once again crossed death, and has failed to recover EMA10 / EMA20 for 3 consecutive days. The resistance at the 92000 line is obvious, and a bearish structure has been established on the daily chart.
Next, we will focus on 88000, and if it breaks down, it is very likely to test 84000.
Ethereum #ETH has fallen from 3400 to 3000. Emotions can easily panic, but whether on the weekly or daily chart, it is still in a large-scale oscillation range, and the lows continue to rise, so the long-term logic hasn't changed.
The real pain is in the short term—this is a wide-ranging oscillation, which is a hard test of discipline.
Being strict with take profit and stop loss is heaven for short-term trading; if not, you will only experience repeated roller coasters.
On-chain observation:
SOL recently has a lot of liquidations, best to avoid for now.
BSC: With this kind of trend, the probability of new highs is not small, but unfortunately, I sold too soon.
$memes pay attention to 5M, buy on the dip.
Other Alpha not worth betting on, it's a money-giving market.
Focus targets:
$AXS structure is not complete yet, continue to wait.
$DUSK set at 0.12, looking for a rebound.
$SCRT observe.
$FIGHT give up on picking up.
$FHE see if it can hold at 0.097.
$SKR wait for rebound opportunities.
Recently, there have been many new Alpha contracts,
opportunities are there, but the premise is still: watch more, bet less, control risks.
#加密市场观察
Bitcoin #BTC has once again crossed death, and has failed to recover EMA10 / EMA20 for 3 consecutive days. The resistance at the 92000 line is obvious, and a bearish structure has been established on the daily chart.
Next, we will focus on 88000, and if it breaks down, it is very likely to test 84000.
Ethereum #ETH has fallen from 3400 to 3000. Emotions can easily panic, but whether on the weekly or daily chart, it is still in a large-scale oscillation range, and the lows continue to rise, so the long-term logic hasn't changed.
The real pain is in the short term—this is a wide-ranging oscillation, which is a hard test of discipline.
Being strict with take profit and stop loss is heaven for short-term trading; if not, you will only experience repeated roller coasters.
On-chain observation:
SOL recently has a lot of liquidations, best to avoid for now.
BSC: With this kind of trend, the probability of new highs is not small, but unfortunately, I sold too soon.
$memes pay attention to 5M, buy on the dip.
Other Alpha not worth betting on, it's a money-giving market.
Focus targets:
$AXS structure is not complete yet, continue to wait.
$DUSK set at 0.12, looking for a rebound.
$SCRT observe.
$FIGHT give up on picking up.
$FHE see if it can hold at 0.097.
$SKR wait for rebound opportunities.
Recently, there have been many new Alpha contracts,
opportunities are there, but the premise is still: watch more, bet less, control risks.
#加密市场观察