The price has recently risen and then retraced to a support level that has been held multiple times before. The downward momentum is weakening, and the price is hovering near the support level rather than breaking below it. This indicates that there is buying pressure near this support level; as long as the price holds this support level and continues to make new highs, the possibility of further upward movement remains. If the price breaks below the support level, this bullish strategy becomes invalid.
⚠️ Risk Warning: The market is volatile. Please be sure to set stop-loss orders to protect your interests.
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📊$H /USDT Market Analysis H is showing a slow but steady upward move, currently trading around 0.1507. The price is gradually gaining strength, indicating that buyers are slowly taking control. {alpha}(560x44f161ae29361e332dea039dfa2f404e0bc5b5cc)
$NIL has formed a strong resistance candlestick near the 25-day moving average, indicating that buyers are actively entering to prevent a pullback.
The current candlestick shows good rebound momentum, breaking through the support cloud, suggesting that a new round of upward movement is about to arrive, targeting the peak.
The daily trend is bearish, but the 4-hour chart shows a long signal. The 15-minute RSI indicator is 54.96, indicating there is still room for upward movement before overbought conditions. Key entry area: 0.0843 - 0.0872. Why choose to enter now? This pattern suggests a potential reversal, countering the larger downtrend.
Discussion:
Is this the start of a reversal on the 4-hour chart, or a brief rebound before the continued bearish trend on the daily chart?
$IN encountered strong resistance in the supply zone, with momentum shifting downward.
Go short on $IN
Entry point: Market price
Stop loss: 0.0670
Take profit 1: 0.0640
Take profit 2: 0.0630
Take profit 3: 0.0617
Encountering strong resistance in the supply zone indicates that sellers are in control. This shift suggests that the downtrend still has room to continue.
The rebound of $BNB seems to be blocked again, and sellers are actively buying.
Short $BNB
Entry point: 622 – 638
Stop loss: 680
Target price 1: 598
Target price 2: 565
Target price 3: 528
The upward momentum has failed to sustain, and buyers seem unwilling to hold the rebound. The strong market conditions are continuously fading, while the downward trend is beginning to flatten. Selling pressure is evident, and momentum is blocked; if sellers remain active, it usually favors a continued price decline.
🌏 China reduces its holdings of U.S. Treasury bonds... This move is sensitive in timing and has been carefully considered.
Beijing has instructed domestic banks to reduce their holdings of U.S. Treasury bonds. This action aims to restructure foreign exchange reserves, lower the inflation risk of U.S. Treasury bonds, and ultimately achieve asset diversification to reduce dependence on the U.S. dollar.
This move may affect global capital flows and demand for U.S. Treasury bonds, potentially reshaping monetary balance and sovereign reserve patterns. Given the sensitive timing and the interconnections of global economic and financial factors, the market is closely watching the U.S. government's response. $ETH $BTC