At night, Bitcoin quietly surged, while gold and silver fell. Silver dropped from 120 to over 70, but the overall volatility is small, suitable only for large investments in the tens of millions or billions; small investors are just playing around. Our main battlefield and core layout have always been in the cryptocurrency circle.
In the past 24 hours, a total of 135,957 people have been liquidated across the network, with a total liquidation amount of $566 million, of which long positions accounted for $440 million and short positions accounted for $1.127 billion.
The next specific operation is very simple:
With sufficient funds, buy spot in batches when the price drops and trade in waves, aiming for low buy and high sell. The current decline is a suitable entry point; gradually increase your position, and if the price continues to drop, continue to add. The risk is proportional to the return, so just choose a good entry point.
Choosing cryptocurrencies depends on your own situation. If funds are ample, prioritize mainstream coins like Bitcoin, Ethereum, and Solana, which have steady trends and act as market barometers; while their growth potential may be limited, they are safer. Altcoins are suitable for those looking to leverage small amounts; they are volatile with equal risk and reward, so prioritize strong coins at the bottom stage.
Additionally, you can also do very short-term trading to leverage small amounts. If you're optimistic about the market, use low leverage to build a position, leaving room for additional purchases. The market is hard to predict precisely; this way, you can add to your position on a downturn and profit on an upturn, being ready to attack or retreat.
Today's market analysis:
BTC
Today, pay attention to the support around 83310 for Bitcoin. If it does not drop below this level for 1-2 hours, it may continue to rebound. Reference the resistance at around 84700, 86500, and 88150.
If it drops below 83310, it may pull back to the previous low around 81000. If it doesn't break the previous low, there may still be a rebound; if it drops, pay attention to the support below at 79370, 77650, and 76510.
ETH
Today's Ethereum rebound needs to hold above 2715. After holding, pay attention to the pressure around 2770, 2825, and 2878.
If it cannot hold above 2715, it may retest the previous low of 2635. If it doesn't break the previous low, there is still a chance for a rebound; if it breaks, pay attention to the support at 2560, 2505, and 2437.
BNB
Today, pay attention to the support around 850 for BNB. If it does not drop below this level for 1-2 hours, it may continue to rebound. Reference the resistance at around 870, 881, and 890.
If it drops below 850, it may pull back to the previous low around 831. If it doesn't break the previous low, there may still be a rebound; if it breaks, pay attention to the support at 818, 800, and 790.
SOL
Today, pay attention to the support around 116 for SOL. If it does not drop below this level for 1-2 hours, it may continue to rebound. Reference the resistance at around 120, 123, and 128.
If it drops below 116, it may pull back to the previous low around 111. If it doesn't break the previous low, there may still be a rebound; if it breaks, pay attention to the support at 109, 106, and 102.
Do not use the lurking dragon
I've waited so long that my flowers have withered; the lurking dragon finally started to rebound. This wave truly washed everything out, but gold will always shine again. If you can't hold on, just walk away; you've still made a profit.
I'm back at it
Meme on BSC is about to launch again. Today I'm back at it, and after new coins go live, there's a high probability they'll drop to new lows before bouncing back to new highs. Get on board.
MOLT
Base chain's upward momentum has been strong; just get in, and someone will win. The attention on MOLT is legendary, being the first phenomenal hit product in the AI era Web3; remember to buy on discrepancies.
