Notice Today marks the end of 11 months since the past 1. Tomorrow will collect weekly and monthly lines. The price of Bitcoin will likely settle around 90,000. Looking at Bitcoin's monthly line, the MACD turning point has just emerged downwards. Therefore, the probability of a direct pullback in December is not very high; further adjustment and fluctuation are needed. Ethereum's monthly line is the same. Both Bitcoin and Ethereum are near the monthly MA20, temporarily receiving support. However, due to the MACD on the monthly line, the MA20 may not be able to hold in the next month. On the 28th, the People's Bank of China will hold a meeting to coordinate efforts to combat virtual currency trading speculation. This can basically be seen as an official announcement signaling the end of the bull market. Summary: Currently, the village chief does not believe the adjustment has ended, and further downward adjustment is needed in December. Focus on finding high points for shorting. 申子辰村委党支部 #加密市场观察 $BTC $ETH
Notice Trump is online urging Uncle Long to hurry up and perform in Rush Hour 4. I am also looking forward to it. The US stock market had a violent rebound yesterday. Bitcoin and Ethereum also rebounded a bit. However, Bitcoin has resistance starting from the 3-day moving average. Ethereum has resistance at the 5-day moving average at ma120. The monthly line is also about to close. There is nothing particularly favorable that can directly break through the market. The village chief thinks Bitcoin will fluctuate around 90,000. Ethereum will similarly fluctuate around 3,000. Shen Zichen Village Committee Party Branch #加密市场反弹 $BTC $ETH
Notification Yesterday, Trump finally received the call regarding the preliminary ceasefire between Russia and Ukraine. After so many years of conflict, funds from the US stock market and cryptocurrencies are expected to flow back to Europe, and Ukraine is looking to buy at the bottom. Therefore, the current situation for cryptocurrencies and the US stock market is really not very optimistic. At present, there is still a demand to make a slight peak, and the return of funds will also take time. In the short term, we will continue to rebound around the monthly MA20 support. Ethereum is synchronized with Bitcoin. Shenzhen Zichen Village Committee Party Branch #加密市场反弹 $BTC $ETH
Notification Bitcoin is currently supported near the monthly MA20. The daily line also closed with a long wick. The rebound is relatively good. Overall, considering that there are only a few days left to close the month, the probability of a significant drop at the end of the month is low. Therefore, the main strategy is to take low long positions for rebounds. Ethereum synchronizes with Bitcoin. Shenzhen Zichen Village Committee Party Branch #加密市场回调 $BTC $ETH
Notice The end of the month is here. How much further can it fall? Currently, Bitcoin has tested near the monthly MA20 line, which is a strong support. Additionally, the end of the month will close the monthly line. It should stop falling and start rebounding to form the monthly line. Ethereum is synchronized with Bitcoin. Therefore, in the short term, it is possible to bottom fish for a rebound. The village chief believes there is still a chance for a second peak. Looking back at past bull markets, there is usually a second peak. This will also coincide with the arrival of altcoin season. The second peak will not last too long, just a few months. Remember to run when the second peak occurs. 申子辰村委党支部#加密市场观察 $BTC $ETH
I don't want to analyze the recent market anymore. It just keeps falling without a decent rebound. The US stock market opens and falls along with it. I'm losing a lot. I'll analyze it when the market hits the bottom. #加密市场回调 $BTC $ETH
The market is very poor. The monthly line is still very dangerous. From the monthly line perspective, a significant rebound will only occur near 72000. For now, short positions are still dominant. #加密市场回调 $BTC $ETH
The large pancake's Ethereum weekly line has completed, and half of this month has passed. Currently, it seems that Ethereum is still supported above the quarterly line.
For the large pancake's Ethereum daily line, there is hope for a rebound. The stochastic oscillator has reached the turning area.
However, even after the rebound, the outlook remains pessimistic. From the MACD perspective, the monthly line adjustment is still far from over. #加密市场回调 $BTC $ETH
The large pancake Ethereum is currently only temporarily adjusting from a higher level bullish trend. As long as the large pancake does not drop below 72000, Ethereum does not drop below 2000. The higher-level trend is still intact. Currently, in the short term, there is still a risk of decline. After all, the integer threshold has been broken. #加密市场回调 $BTC $ETH
Now, whenever the U.S. stock market fluctuates, it releases a flood, but it does not break the quarterly moving average (MA5) support. It's still a frustrating consolidation. However, the overall trend is based on the quarterly moving average (MA5). I am still bullish. Ethereum synchronizes with Bitcoin. The village chief expects a few more months of fluctuating upward movement. #美国结束政府停摆 $BTC $ETH
Notice The Bitcoin rebound has not ended. Currently, based on the daily chart of Bitcoin, the rebound should have just begun. Of course, only a month and a half of this year has passed. It is estimated that the bear market may start in the late first quarter of next year. So there are still a few months left for a final wave of increase. Plus, it's altcoin season. The timeline is clearly arranged by the village chief. 申子辰村委党支部#加密股IPO季 $BTC $ETH
Notice Ether weekend opened, first took profits. Today finished the weekly line. Currently looks good, Bitcoin has held the 100,000 mark. Ether has held the 3,500 position. I said the quarterly line support isn't so easy to break. Bitcoin and Ether tested the quarterly line support twice last week. None were able to break it. This is enough to prove that the trend consensus here is still bullish. The strength of the bears has already weakened here. Currently looking at a rebound as the main focus. The village chief stands on the bullish side. 申子辰村委党支部#十月加密行情 $BTC $ETH
You all think it's a bear. I don't think so. I think the cow is still here. The knockoff season is about to get exciting. The meme season is about to get exciting. #山寨币市场回暖 $BTC $ETH
Notice The big coin Ethereum has taken profit, and yesterday was a bit dangerous; it nearly hit the stop-loss when it dipped. Fortunately, luck was on our side. It has risen again. A few days ago, I mentioned that Ethereum's last big drop tested the quarterly moving average line MA5. I expect it won't go down further. Yesterday, it tested the quarterly moving average line MA5 again. The rebound was quite strong, especially for Ethereum. Additionally, some altcoins have seen significant increases. They have started to run ahead. I expect that after this rebound, we might see the altcoin season coming. The big one is about to arrive. Shen Zichen Village Committee Party Branch #隐私币生态普涨 $BTC $ETH
Notice The US stock market fell back yesterday. However, Bitcoin and Ethereum did not experience a flood. They just followed a brief pullback. It may be that Bitcoin had dropped a lot earlier. Historically, Bitcoin has adjusted ahead of the US stock market. So when the US stock market is in a major decline, Bitcoin and Ethereum are more about bottom washing and volatility. Currently, Bitcoin and Ethereum have both tested the quarterly moving average support, and the quarterly line shape is still very good, although the level is large. But a larger level can provide confidence in the trend. So the village chief is still on the bullish side. Currently optimistic. Short-term focus on the quarterly line MA5 support to go long. Can Bitcoin and Ethereum help us rise together? Shen Zichen Village Committee Party Branch #加密市场回调 $BTC $ETH
Notice Yesterday I went to bed early, and when I got up, the pancake was no longer at its peak. Let's take a bit more. After all, 100,000 is a round number. It still provides some psychological support. Currently, it seems that the 100,000 mark is still the extended support of the quarterly line, so it may not drop further here. Ethereum is the same. The low point from a few days ago is also right near the support of the quarterly moving average. Return to the bullish side. Return to the bullish side. Shenzhen Chen Village Committee Party Branch #加密市场回调 $BTC $ETH