12.3 BTC and ETH maliciously driven up, is a black swan brewing?
Federal Reserve Chairman Powell may resign, seemingly a rumor but indeed where there’s smoke, there’s fire. Powell's term ends in May 2026, why are there frequent rumors of a passive resignation?
Trading has never hesitated, there has never been a saying of wait and see; when you see an opportunity, just go for it. We accurately positioned ourselves for a long position at 86350, aiming for a breakthrough at 88500 and looking for 89800 to reach all targets. In the live broadcast, we saw 90700 and directly looked for 93500 upon breaking.
Currently, the market is in an upward trend, with the MA bullish arrangement and golden cross forming a strong bullish signal. The price is also close to the upper Bollinger band, indicating that the market is in a high volatility state. The engulfing pattern further confirms the possibility of a reversal upwards.
BTC trading suggestion 91900-92400 long Target 93600 breakthrough looking at 95300
ETH trading suggestion 2995-3010 long Target 3105 breakthrough looking at 3150
4-hour K-line 7 consecutive rises, still hovering at a high level. Remember to be cautious. Although the market has risen by 8000 points, there are still no signs of a reversal. Where are the short positions below?
This high-level sideways movement is just to absorb more short positions.
The long position at 86350, after breaking through 88500, looks at 89800, directly watching 91000 in the live broadcast room. Currently, the reduction in positions is still held. Looking near 93500. $BTC $ETH #加密市场回调
This high-level sideways movement is just to absorb more short positions.
The long position at 86350, after breaking through 88500, looks at 89800, directly watching 91000 in the live broadcast room. Currently, the reduction in positions is still held. Looking near 93500. $BTC $ETH #加密市场回调
Tonight, Old Te will be speaking, pay attention ⚠️⚠️
Is there an advance dissemination of information?
At noon, the entry position is 86350 for long positions, aiming for a breakthrough at 88500 to see 89800. Currently, it has all arrived.
The evening live broadcast still maintains a bullish outlook. A breakthrough above 90700 with a pullback to the 90000 level continues to see a 1000-point space, still arriving. Short-term highs and pullbacks are part of normal market corrections, after all, the market has risen by 6000 points.
Having a macro perspective is a kind of feeling; perhaps sometimes it's unclear, but try to stand at a higher vantage point to view the entire market. Once understood, it will bring endless benefits. Only with a macro perspective can one grasp the collective force of the market and seize the opportunity for resonance among varieties. $BTC $ETH #加密市场回调
On February 12, is the crackdown on virtual currencies a major negative for BTC and ETH?
Last night, cryptocurrencies fell broadly, and US stocks also saw a general decline. The reason? The Bank of Japan made its intention to raise interest rates clear this month. There is considerable discussion about the negative impact of Japan's interest rate hike on our crypto market. It cannot be denied that Japan’s interest rate hike will tighten global liquidity, which will create a negative expectation for global asset pricing.
Yesterday, we entered long positions for BTC around 84800, with a minimum dip down to around 84700 before starting to rebound. When the US stock market opened, it reached a maximum of around 86700, providing a space of two thousand points. However, it still faced resistance at 86900, where it failed to break through, leading to a pullback down to around 83800. Currently, the market is starting to rebound again, and we still focus on the support level of 82300 mentioned in my previous post; if it breaks, it will unleash significant selling pressure, but if it holds, we will still look for a pullback.
The morning star pattern formed on the 4-hour K-line is a strong bullish signal, and the price has broken through the short-term moving average, indicating increased momentum. However, the extreme decrease in trading volume brings significant uncertainty to the sustainability of the rebound. Additionally, the long-term moving averages are still in a downward trend, indicating that the medium to long-term market structure has not yet fully repaired.
BTC trading suggestion: Long at 85900-86350, target 88500, break to look at 89800.
ETH trading suggestion: Long at 2758-2765, target 2863, break to look at 2895$BTC $ETH #加密市场回调
Brew a good cup of tea 🍵🍵 and wait for the US stock market to open.
Continue to look up at 86360 for needle picking. $BTC $BNB #加密市场回调
百世论币
--
Bullish
On February 12, is the crackdown on virtual currencies a major negative for BTC and ETH?
Last night, cryptocurrencies fell broadly, and US stocks also saw a general decline. The reason? The Bank of Japan made its intention to raise interest rates clear this month. There is considerable discussion about the negative impact of Japan's interest rate hike on our crypto market. It cannot be denied that Japan’s interest rate hike will tighten global liquidity, which will create a negative expectation for global asset pricing.
Yesterday, we entered long positions for BTC around 84800, with a minimum dip down to around 84700 before starting to rebound. When the US stock market opened, it reached a maximum of around 86700, providing a space of two thousand points. However, it still faced resistance at 86900, where it failed to break through, leading to a pullback down to around 83800. Currently, the market is starting to rebound again, and we still focus on the support level of 82300 mentioned in my previous post; if it breaks, it will unleash significant selling pressure, but if it holds, we will still look for a pullback.
The morning star pattern formed on the 4-hour K-line is a strong bullish signal, and the price has broken through the short-term moving average, indicating increased momentum. However, the extreme decrease in trading volume brings significant uncertainty to the sustainability of the rebound. Additionally, the long-term moving averages are still in a downward trend, indicating that the medium to long-term market structure has not yet fully repaired.
BTC trading suggestion: Long at 85900-86350, target 88500, break to look at 89800.
ETH trading suggestion: Long at 2758-2765, target 2863, break to look at 2895$BTC $ETH #加密市场回调
The Chairman of the Federal Reserve is about to go online.
Bitcoin continues to rise to 86360, the level is not classic, I don't care.
Currently, the highest rebound is above 87600, with a space of 1200 points.
Can the pattern still hold? It's up to the fans to decide. $BTC $ETH #加密市场回调
百世论币
--
Bullish
On February 12, is the crackdown on virtual currencies a major negative for BTC and ETH?
Last night, cryptocurrencies fell broadly, and US stocks also saw a general decline. The reason? The Bank of Japan made its intention to raise interest rates clear this month. There is considerable discussion about the negative impact of Japan's interest rate hike on our crypto market. It cannot be denied that Japan’s interest rate hike will tighten global liquidity, which will create a negative expectation for global asset pricing.
Yesterday, we entered long positions for BTC around 84800, with a minimum dip down to around 84700 before starting to rebound. When the US stock market opened, it reached a maximum of around 86700, providing a space of two thousand points. However, it still faced resistance at 86900, where it failed to break through, leading to a pullback down to around 83800. Currently, the market is starting to rebound again, and we still focus on the support level of 82300 mentioned in my previous post; if it breaks, it will unleash significant selling pressure, but if it holds, we will still look for a pullback.
The morning star pattern formed on the 4-hour K-line is a strong bullish signal, and the price has broken through the short-term moving average, indicating increased momentum. However, the extreme decrease in trading volume brings significant uncertainty to the sustainability of the rebound. Additionally, the long-term moving averages are still in a downward trend, indicating that the medium to long-term market structure has not yet fully repaired.
BTC trading suggestion: Long at 85900-86350, target 88500, break to look at 89800.
ETH trading suggestion: Long at 2758-2765, target 2863, break to look at 2895$BTC $ETH #加密市场回调
On February 12, is the crackdown on virtual currencies a major negative for BTC and ETH?
Last night, cryptocurrencies fell broadly, and US stocks also saw a general decline. The reason? The Bank of Japan made its intention to raise interest rates clear this month. There is considerable discussion about the negative impact of Japan's interest rate hike on our crypto market. It cannot be denied that Japan’s interest rate hike will tighten global liquidity, which will create a negative expectation for global asset pricing.
Yesterday, we entered long positions for BTC around 84800, with a minimum dip down to around 84700 before starting to rebound. When the US stock market opened, it reached a maximum of around 86700, providing a space of two thousand points. However, it still faced resistance at 86900, where it failed to break through, leading to a pullback down to around 83800. Currently, the market is starting to rebound again, and we still focus on the support level of 82300 mentioned in my previous post; if it breaks, it will unleash significant selling pressure, but if it holds, we will still look for a pullback.
The morning star pattern formed on the 4-hour K-line is a strong bullish signal, and the price has broken through the short-term moving average, indicating increased momentum. However, the extreme decrease in trading volume brings significant uncertainty to the sustainability of the rebound. Additionally, the long-term moving averages are still in a downward trend, indicating that the medium to long-term market structure has not yet fully repaired.
BTC trading suggestion: Long at 85900-86350, target 88500, break to look at 89800.
ETH trading suggestion: Long at 2758-2765, target 2863, break to look at 2895$BTC $ETH #加密市场回调
On January 12, BTC.ETH. Is the Chairman of the Federal Reserve About to Step Down?
Good afternoon to you in front of the screen, every memory is like a bone spur, stuck in the heart, every scene is like a movie, as you walk through one segment, you have to replay another segment. If you don't come back to think, when you do come back, you're really afraid that you won't be able to return in the future!
Recently, in the selection of the Chairman of the Federal Reserve, the top contender, Hassett, has begun to 'subtly campaign'! As the chief economic advisor to the understanding king, he said on a program last Sunday that 'the nomination is just a rumor', but his body was very honest, directly standing on the market response—saying that the treasury auction went smoothly, and interest rates fell, all positive responses from the market towards him. He also hinted that the person chosen by the understanding king would allow everyone to get cheaper auto loans and mortgages, a clear 'not admitting but showing off'.
Currently, both the 4-hour and 1-hour candlesticks have all broken through the lower Bollinger Band, so the risk of further downtrend still exists. The primary focus now is on the daily support level; a break below 82300 will open the floodgates to hit the 80,000 mark. If it does not break, then the market is in a normal consolidation rebound and will retest.
On January 12, BTC.ETH. Is the Chairman of the Federal Reserve About to Step Down?
Good afternoon to you in front of the screen, every memory is like a bone spur, stuck in the heart, every scene is like a movie, as you walk through one segment, you have to replay another segment. If you don't come back to think, when you do come back, you're really afraid that you won't be able to return in the future!
Recently, in the selection of the Chairman of the Federal Reserve, the top contender, Hassett, has begun to 'subtly campaign'! As the chief economic advisor to the understanding king, he said on a program last Sunday that 'the nomination is just a rumor', but his body was very honest, directly standing on the market response—saying that the treasury auction went smoothly, and interest rates fell, all positive responses from the market towards him. He also hinted that the person chosen by the understanding king would allow everyone to get cheaper auto loans and mortgages, a clear 'not admitting but showing off'.
Currently, both the 4-hour and 1-hour candlesticks have all broken through the lower Bollinger Band, so the risk of further downtrend still exists. The primary focus now is on the daily support level; a break below 82300 will open the floodgates to hit the 80,000 mark. If it does not break, then the market is in a normal consolidation rebound and will retest.