Sunday, a new analysis outline for the trends of Bitcoin and Ethereum next week!
These days, the market has gradually bottomed out, with prices testing both upward and downward. Sometimes it feels like lying on the floor sleeping soundly, while other times it seems ready to break through the floor and take a leap downward. But the market is almost there now; there's no need to panic. Trump's cards are all played out; he has no cards left. Next, it's time to support the financial industry. As long as interest rate cuts in June and July can land normally in the second half of the year, the U.S. stock market and the crypto space are sure to see a surge. The previous price level of $75,000 is very likely to be the solid bottom. From on-chain data, whales have quietly purchased 26,000 Bitcoins, with all costs controlled below 78,000 USD. This is undoubtedly a precise operation by seasoned investors, who are already preparing for the next round of explosive growth. At this stage, although Bitcoin has already risen a lot and the price has returned to the 85000 area, it indicates that the overall market does not want to go down. A preliminary three-week level reversal has formed, but currently, the strength of this reversal is obviously not enough. It needs to hover around this position for a while. If it can stabilize, the next resistance levels will be 88000-92000. Currently, it seems that reaching these levels will not be a difficult task. According to the current major trend, it appears to have arrived, and at this stage, we are just waiting for the time when interest rate cuts will trigger the bull market. Trend trading focuses on deterministic markets. The most important aspect is to grasp the reversal signals for entry points and position management. One only needs to pay attention to entry and exit points, ignoring the intermediate process. Bitcoin trading advice: After a pullback to 82000-83500, patiently wait for Bitcoin to reach the 86600-88000 range. If there is a volume-reduced increase or a spike test, you can basically place an order to enter. If it reaches without a reversal signal or a decrease in volume, continue to wait. 92000 will be the second target level. In trend trading, you must go with the trend and pay attention to the strength of the upward movement. Once it weakens and a reversal signal appears, immediately take profits and exit. The essence of trading is to bet on probabilities, so the core of trading is not whether you can win or lose once, but whether you can sustain profitability in the long run. #BTC & ETH周末行情分析 #行情震荡,做空还是做多? #特朗普暂停关税
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Sunday, a new analysis outline for the trends of Bitcoin and Ethereum next week!
These days, the market has gradually bottomed out, with prices testing both upward and downward. Sometimes it feels like lying on the floor sleeping soundly, while other times it seems ready to break through the floor and take a leap downward. But the market is almost there now; there's no need to panic. Trump's cards are all played out; he has no cards left. Next, it's time to support the financial industry. As long as interest rate cuts in June and July can land normally in the second half of the year, the U.S. stock market and the crypto space are sure to see a surge. The previous price level of $75,000 is very likely to be the solid bottom.
From on-chain data, whales have quietly purchased 26,000 Bitcoins, with all costs controlled below 78,000 USD. This is undoubtedly a precise operation by seasoned investors, who are already preparing for the next round of explosive growth.
At this stage, although Bitcoin has already risen a lot and the price has returned to the 85000 area, it indicates that the overall market does not want to go down. A preliminary three-week level reversal has formed, but currently, the strength of this reversal is obviously not enough. It needs to hover around this position for a while. If it can stabilize, the next resistance levels will be 88000-92000. Currently, it seems that reaching these levels will not be a difficult task. According to the current major trend, it appears to have arrived, and at this stage, we are just waiting for the time when interest rate cuts will trigger the bull market.
Trend trading focuses on deterministic markets. The most important aspect is to grasp the reversal signals for entry points and position management. One only needs to pay attention to entry and exit points, ignoring the intermediate process.
Bitcoin trading advice: After a pullback to 82000-83500, patiently wait for Bitcoin to reach the 86600-88000 range. If there is a volume-reduced increase or a spike test, you can basically place an order to enter. If it reaches without a reversal signal or a decrease in volume, continue to wait. 92000 will be the second target level. In trend trading, you must go with the trend and pay attention to the strength of the upward movement. Once it weakens and a reversal signal appears, immediately take profits and exit. The essence of trading is to bet on probabilities, so the core of trading is not whether you can win or lose once, but whether you can sustain profitability in the long run. #BTC & ETH周末行情分析 #行情震荡,做空还是做多? #特朗普暂停关税