Candlestick Basics (Like, Bookmark, and Study Well)
Flag Pattern The flag pattern is a consolidation area that is opposite to the direction of the long-term trend, usually occurring after significant price fluctuations. It looks like a flag on a flagpole, where the flagpole represents the impulsive movement and the flag represents the consolidation area. The flag pattern can be used to identify potential price trends. The volume accompanying the pattern is equally important. A large amount of trading should occur during the impulsive movement, while the trading volume should be smaller and gradually decrease during the consolidation phase.
Rising Flag Pattern
The rising flag pattern belongs to an upward trend, typically characterized by a sharp rise that is expected to continue.
What are support and resistance? From a basic perspective, support and resistance are the simplest concepts: when the price reaches a level that it cannot break through, that level becomes some sort of obstruction. In the case of support, that price is the lowest price, while in the case of resistance, that price is the highest price. You can think of support as a demand area and resistance as a supply area. Although traditionally support and resistance are represented by lines, the reality is often not so precise. It's important to note that market trends are not driven by certain natural laws that prevent them from breaking through specific levels, which is why viewing support and resistance as a range can be more useful. You can think of these areas as ranges on the price chart that lead to increased trading activity.
$BTC Analysis Wave!!! Daily/Weekly chart still in a bearish zone ↘→↘↘
Bulls show weakness, facing resistance again at $72,000 for a pullback Currently in a consolidation phase, the next step is very likely to retest the $62,500 - $63,500 range
🔥Looking at the monthly analysis, the probability of a major direction of $48,000 - $50,000 is very high!! Avoid going against the trend
⭐Bulls: If breaking through the $72,000 level, pay attention to the $76,000 and $80,000 areas #比特币挖矿难度下降
$BANK $PIPPIN $POWER Tonight's position is set like this 👍 Tomorrow when I wake up, the money for cigarettes and meals will be automatically ready. Brothers, help me keep an eye on the K-line, I'm going to sleep now 😴
$pippin $POWER I'm done, I'm done. I almost went crazy just now, staring at the second line, placing an order every few seconds, it's really damn scary 😊
#比特币和狗狗币每周技术分析 🔥Last week, Bitcoin broke below the 120-week moving average, and it has begun to enter a range worth buying on dips. The expected lowest point for Bitcoin in this bear market is 40,000. This week, the resistance for Bitcoin is 84,000, and the support is 74,500. Last week, Dogecoin continued to decline, and it has now fallen for 4 consecutive weeks. This week, the resistance for Dogecoin is 0.117, and the support is 0.095. The exchange rate of Dogecoin to Bitcoin has a resistance of 147 and a support of 131.$DOGE
Are the balances of these addresses like Happy Beans 🧧 personal or something else? Are you preparing the balance to reach the true length of identity for retirement? That's awesome 👍$RIVER $LIGHT
January 24th news, according to CoinDesk, data shows that Ethereum's daily active addresses rebounded in January, briefly surpassing major Layer 2 networks, driven by a decrease in transaction fees. According to Token Terminal statistics, Ethereum's daily active addresses approached 1 million this month, briefly rising to approximately 1.3 million on January 16th, before falling back to around 950,000. However, analysts warn that the active address data may be overestimated. Security researcher Andrey Sergeenkov pointed out that the January address growth is highly correlated with attacks such as address poisoning, where attackers send extremely small stablecoin transfers to numerous wallets, causing fake addresses to appear in victims' transaction records, thereby inducing erroneous fund transfers. Overall, Ethereum mainnet activity does show signs of recovery, but short-term data contains a large amount of non-genuine demand, and the quality of the on-chain "recovery" still needs further observation.
👉Follow with light positions, strictly adhere to stop loss, it's better to lose ten points than to hold a losing position for a day👈
Currency / Point / Information Analysis: Yi Lihua: It's a good time to buy more ETH at a low, the biggest beneficiaries of global stablecoins and financial on-chain are ETH
Hot News: $XRP #Ripple总裁预测2026年财富500强企业加密货币使用情况 Ripple President Monica Long stated that by the end of 2026, approximately 250 of the largest companies in the United States will hold cryptocurrencies or use blockchain-driven financial tools. She mentioned that a mid-2025 survey by Coinbase showed that 60% of executives at Fortune 500 companies indicated that their employers had initiated blockchain projects. Long pointed out that an increasing number of publicly traded companies are beginning to incorporate Bitcoin into their balance sheets, and currently, the number of Fortune 500 companies holding Bitcoin is limited. GameStop made its first purchase of 4,710 Bitcoins in May 2025, and Block Inc and Tesla are also on the list. Moreover, the number of digital asset management companies has increased from 4 in 2020 to over 200, with nearly 100 expected to be added in 2025.
👉 Follow with light positions, strict stop loss, prefer a loss of ten points over holding a losing position for a day👈
Cryptocurrency/Point Analysis: Currently, Bitcoin is recovering from an oversold position above 89000, pay attention to the strength of the rebound here and consider a small position for a short-term bullish entry. Successfully recovering above 90500 will continue to test the next resistance at 92-93; conversely, there is a possibility of further declines to new lows.
In 2020, I was just a junior preparing for an internship and by chance came to Binance. I can no longer remember if I was invited by someone or if I sought it out myself. As a newbie in the crypto world, I happened to catch the altcoin season that year. At that time, I only knew about spot trading.
I remember my first deposit was 100 yuan, and within a few days, I lost 50. As someone who never gives up, I regularly deposited my internship salary into Binance each month, and eventually had about 15,000 in principal. I clumsily bought around 10 coins, buying more of the ones that were low. During that time, $DOGE was around zero point zero zero something, $BNB was in the teens, and $XRP was around zero something. Not long after, the altcoin season exploded, and my account exceeded 50,000 yuan. Because of my average family conditions, seeing the soaring numbers in my account instantly filled me with hope for the future, and I became increasingly interested in the crypto world. I started to learn and delve deeper. Looking back at now…
$LIGHT As of the latest data, the price of LIGHT has dropped to $0.42, further declining from before. The 24-hour trading volume has also decreased significantly, indicating明显不足 in market liquidity. This situation is not good news for any holders — prices continue to be under pressure, trading volume is sluggish, and it is easy to form a cascading drop. However, I am still optimistic about its future trend!! At the position of 0.47, I opened a small position and am prepared to hold it for a while long-term. Take profit: 0.66 Stop loss: 0.45