Recently, there has been no broadcast for a while, let's talk about the current market trends.
Bitcoin rebounded from a high of 72000 after reaching a peak of 60000, currently testing a low around 65780. The current trend is also a normal consolidation, and I still believe that after stabilizing, it will continue to rebound. A low point above 63000-64000 is considered normal volatility. Contracts can be placed low and multiple hands can be set well. For short-term heavy positions, it's better to do live broadcasts. The current volatility is larger than before when it was above 90000, with daily fluctuations of 2000-3000 points. Therefore, if you want to trade short-term, you need to reduce your position. Here, I will only wait to go long at a good opportunity to catch a weekly level rebound. The high point is also looking at 75000-80000. Plus, now that it's the end of the year, there's less time to watch the market, so let's put the ultra-short-term on hold for now. I will monitor the market every day, and if there are any changes, I will let you know.
Ethereum's trend is a bit weaker than Bitcoin, but that doesn't mean it will crash unless it independently declines. Otherwise, it still needs to be planned based on Bitcoin.
Bitcoin spot has an order at 63800, and Ethereum has an order at 1850. Whether or not these can be filled depends on chance; I still have some from before.
Everyone, it's the end of the year, we usually have fewer live streams, you can enter the live room @阿甘谈币 in the evening, I will go on air when I have time, and occasionally share some market updates in the group.
阿甘谈币
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The market has dropped again, the short position at 71388🈳 today for #BTC has already reached the first stop loss point of 68588, those who followed have successfully made a profit of 2800 points, congratulations to the community partners.
The spot price of Bitcoin has sold 50%, Ethereum has sold 70%, continue to buy on the way down, Bitcoin's trend is not bad, just bought in too early, the average price is too high, the buying position for Ethereum is good, but the rebound is too weak.
大饼的交易日常
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#BTC走势分析 #ETH #SOL #币安人生
Brothers, let’s get to the conclusion first. Currently, the low point of Bitcoin in the morning at 60000 will become a bottom for a while. The daily level is accelerating down with a weekly volume drop of 25%. From the high point of 126000, it has fallen more than 50%. Now it is in a rebound repair stage after being oversold. Once the repair is completed, the consolidation can be around 75000-80000.
For Bitcoin spot, I bought three lots at 75000, 70300, and 63500, with an average price of 69600. I still underestimated the market's power and entered the first position too quickly. I was anxious because I could accept a drop to 65000-63000, but it was about to break 60000. I miscalculated; my position was still too aggressive and too expensive. I want to borrow some USDT from Yang Ge for more positions, haha.
I am very satisfied with Ethereum spot, with the first position at 2200, and additional positions at 1866 and 1788, all completed, with an average holding price of 1952.
Binance life has also joined in, with an average price of 0.1028.
Actually, I also want to buy BNB at 600 and SOL at 70, but the fund allocation is not coming together. Bitcoin is too expensive and takes up too much; I still need to work hard to make money.
Brothers, let’s get to the conclusion first. Currently, the low point of Bitcoin in the morning at 60000 will become a bottom for a while. The daily level is accelerating down with a weekly volume drop of 25%. From the high point of 126000, it has fallen more than 50%. Now it is in a rebound repair stage after being oversold. Once the repair is completed, the consolidation can be around 75000-80000.
For Bitcoin spot, I bought three lots at 75000, 70300, and 63500, with an average price of 69600. I still underestimated the market's power and entered the first position too quickly. I was anxious because I could accept a drop to 65000-63000, but it was about to break 60000. I miscalculated; my position was still too aggressive and too expensive. I want to borrow some USDT from Yang Ge for more positions, haha.
I am very satisfied with Ethereum spot, with the first position at 2200, and additional positions at 1866 and 1788, all completed, with an average holding price of 1952.
Binance life has also joined in, with an average price of 0.1028.
Actually, I also want to buy BNB at 600 and SOL at 70, but the fund allocation is not coming together. Bitcoin is too expensive and takes up too much; I still need to work hard to make money.
In this situation of continuous and excessive decline, it is normally necessary to take a strong action to stop the drop. Everyone must stay calm.
Currently, after replenishing at a price of 70300 for Bitcoin, the average spot price has reached 72600. Ethereum at 2200 has not been replenished yet, with pending orders at 1866 and 1788.
Last night, the large pancake short position at 79500 missed by 200 points, in the morning the low point hit 77500 but didn't break through, currently the low point has moved up, the short position mentioned last night needs to be adjusted and will not be placed for now, this position needs to be repaired in the short term, the large level has already dropped to around 74500 which belongs to the monthly level support, and the daily line closed well this morning, in the short term 74500 has stabilized, at these positions 75000 for large pancake spot and 2200 for Ethereum spot can be held without concern, why I kept saying in the group yesterday to buy spot? Because when the large level drops to a certain extent, you need to start buying in batches, do not expect to buy at the lowest point, use fund allocation to place orders, Ethereum at 2150 is also a large level support, if you are afraid to enter at these positions, then there is nothing that can be done, someone asked: will there be a bottom here? You can go to my homepage to check the pinned video recorded on December 9 for an analysis of the large pancake big cycle perspective, well, if you find the sharing helpful remember to forward and like, see you live after 8:30 tonight.
The weekly chart shows a significant drop below 85000, with multiple live updates reminding everyone. This pattern breaking below 80000 is just a matter of time. Although there have been short positions without significant profits, there were also some short-term long positions with small stop losses to exit. Overall, the operation is still very controllable. Many people often mention that Brother Bing can be a bit more aggressive and too cautious, haha, because there have been too many major market movements. No fluctuations can affect my viewpoint. Market fluctuations, panic emotions, and the opinions and voices of others—this wave has led to a lot of liquidation. Are contracts being traded without stop losses? It just dropped a bit faster; the decline isn't too outrageous, right?
#ETH How to inject yourself with the second pancake? Came to 2636, is there a military bottom-fishing? 2600 is a key support that won’t be directly broken to see 2500, right? That drop was a bit fast, here those who want to gamble should place an order to buy in batches in the range of 2580-2500, hoping for a rebound.