The highest point has already dropped 65%, and it took almost 170 days to fall from the peak to the current low. Recently, there has been a secondary acceleration downwards after a period of sideways fluctuation. I mentioned this morning that a key position around 57800 is coming up, and I believe it is a good entry point. Of course, for contracts, we should catch the rebound waves, while for spot, we can lay out positions slowly!
Bitcoin spot buying strategy: Enter at 57800 (0.618), with the limit being a pullback to 0.8, which is around the 38k area for additional buying. In the meantime, we can add more at 48k.
Ethereum is dropping even more smoothly, already touching around 1750. The next step may be around 1500, mainly due to many whale liquidation actions. If these whales do not liquidate, it is unlikely that prices will easily take off!
Ethereum spot buying strategy: It is recommended to synchronize with Bitcoin's operation. I wonder if we can still buy ETH at triple digits!!!
#CLO The pancake is fluctuating, let's give the imitation a little boost!
CLO current price around 0.067 to go long, add position at 0.062, stop loss at 0.06, target tentatively set around 0.08!
Small level bottoming structure, has started to rebound, broke through the bottom fluctuation range, showing signs of accelerated increase, let's see if the dog agency can deliver!
#BTC The fluctuations of the big pancake are becoming more and more like a bear market. After the decline, the sideways adjustment is a very boring waiting phase, with one fluctuation range after another. Those who enjoy playing with fluctuations in small segments must be having a great time!
The chart shows the current fluctuation range, and it should enter the next smaller fluctuation range in the next couple of days. If you are not into small segment fluctuations, just focus on some key support and resistance levels (there are key positions mentioned in the previous analysis, so I won't point them out here)!
#BTC The market is still operating within a fluctuation range, with no signs of a breakout. Continue to maintain the previous operational suggestions and patiently wait for entry opportunities! In a bear market, it’s all about who has more patience!
Continue to pay attention to the resistance level near 72k above, while the support remains around 64k below. The middle position is not recommended for operations!
#BTC Continue this strategy, buy more at 64888, and reserve opportunities for additional purchases!
Yesterday was a small level fluctuation, which didn't provide opportunities. Let's see if tonight will give any!
Crypto大拿
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#BTC The US stock market opened lower before the market, and Bitcoin also started to dip a bit in the afternoon. Let's see if it will continue to fall in the evening!
Placing an order: Buy at 64888 below, leverage 50x, add position at 62888, cut loss at the second break of 62k, first target is around 72k, if it touches 72k again, there is hope to challenge the vicinity of 75, set a second take profit target!
This small level of fluctuation is a bit interesting, the pressure at 72k hasn't been reached, no entry opportunity has been given, and the support below hasn't been reached either, continuing to wait at the middle position!
#BTC The US stock market opened lower before the market, and Bitcoin also started to dip a bit in the afternoon. Let's see if it will continue to fall in the evening!
Placing an order: Buy at 64888 below, leverage 50x, add position at 62888, cut loss at the second break of 62k, first target is around 72k, if it touches 72k again, there is hope to challenge the vicinity of 75, set a second take profit target!
#BTC A significant pressure point has appeared at a small level in the pancake area, within the range of 71800-72000, which can serve as a small-level pressure point for the current oscillation range. The support level below to pay short-term attention to is around 67500. Since there haven't been multiple tests, the strength of the support is yet to be tested.
However, a large drop should not occur in the short term, and attention can be given to the strong support range of 60-62k. Currently, there are no particularly good suggestions for short-term support, and there are no obvious bottoming signals, so we will see how strong the rebound is!
#BTC #ETH The Bitcoin briefly rebounded to around 72k. Although it didn't continue to drop below, it's still uncertain whether 60k is the bottom. More conditions need to be met, so this rebound is merely a rebound!
However, this also indicates a short-term resistance level, so it’s worth paying attention to whether the upcoming market can provide a decent trading range. The short-term support to watch is the 64-65k range, while the short-term resistance to focus on is the 71-72k range!
As for Ethereum, there isn't much to say for now. Although it seems to have a high cost-performance ratio, it feels somewhat unsafe, largely following Bitcoin's fluctuations. The short-term resistance is around 2120, while the support to watch is near 1800!
Although the bear market has arrived, brothers, don't lose heart. There will be many opportunities here. As long as you operate properly and accumulate enough chips, the next bull market will definitely realize your dreams!
#1INCH Come on, let's get it going. How can we make money and stockpile big pancakes if we don't?
1INCH is currently priced around 0.0995, set the stop loss at 0.095, and the target is first to look at the 0.118-0.12 range. Recently, the dog fund has been quite active, which is considered as the dog fund still making moves and doing things in this bear market!
#BTC The large pancake almost fell below 60,000. Is it that those who dare to buy the dip don't even dare to buy it anymore?
If we consider the rise from 20,000 to 120,000 as a whole, then the pullback to the 0.618 level at 57,800 is a good support level. Deciding to take a long position here could either be at an absolute bottom or lead to a rebound of 5,000 points or more!
#BTC The pancake is still declining in small steps at a small level, and has set a new low of 71600. If it drops a bit more, it’s likely to start with 6!
Ethereum also has no desire to rebound, and with Lao Yi's huge position, it won't stop until it explodes! The explosion price: roughly in the range of 1700-1900, the integer barrier of 2000 is most likely to be unable to hold!
#BTC #ETH The major market continues to decline, truly hitting a new low every day, gradually eating away at your wallet. Even entering at the spot market feels a bit scary. Some analysts are now looking at prices starting with 5, or even 3. I entered at the price starting with 7 and I’m worried about a halving!!!
From the daily chart perspective, the view remains consistent with yesterday. Until a bottom is found, there will still be small scale declines. The key is to observe the strength of the rebound; currently, the rebound strength is quite weak, so let's continue to pay attention to a major support level!
As for Ethereum, it is also following a small scale decline, with a weak rebound, and there are still some whales waiting to be liquidated. But will these whales really be liquidated? In the end, it seems like the retail investors are the ones footing the bill, and the whales have little impact!
The cold winter will eventually pass; for now, surviving is the most important!
#BTC The pancake is still falling, and the support at 74k couldn't hold. The short-term low is around 72k; I wonder if it's really the low point!
The only remaining support below is the previous round's high point at 69k, and the support at the 0.786 Fibonacci retracement of this wave's rise at 65k. Will it continue to fall? Are there still brothers who believe in the bull market?
#BTC #ETH Bitcoin has started to oscillate at a relatively low level. Although it cannot be determined if a bottom will form here, the appearance of a halt in the downtrend at this smaller level is good news. The temporary bottom is at 74555, so pay attention to the strength of the upcoming rebound.
The short-term oscillation resistance is around 79200, and at the smaller level, this can be clearly seen. There is still quite a distance from the resistance area of 82500 in the chart, requiring time for adjustment. We'll see if it can continue to strengthen!
Ethereum is also following the oscillation, but it is not as orderly as Bitcoin. The rebound resistance is also worth noting around 2400. Strictly speaking, it should be near 2450, but currently, it hasn't been able to break above 2400. Additionally, with large whales selling ETH, this is not particularly optimistic news!
However, we must believe that the bull market is still here and will arrive soon, so don't be swallowed by the darkness before dawn!