$XAUT Small yellow fish [Gold] At present, gold has bottomed at 4316, completing bottom support and basing. Unless something unexpected happens, a rebound to above 4450 is absolutely fine. As for whether we can continue probing the previous high at 4700, we’ll decide based on how the candles close afterwards. But for now, I recommend entering the Gold offensive [flowers][flowers]
The Da–Jia Army returns to its position Let me tell everyone about the next Bitcoin market cycle[flowers][flowers][flowers] Remember: when Bitcoin was at 63,000, I kept advocating a northern campaign upward. At that time, using the harmonic trading method, I also mentioned the previous high point at 78,000. After that, the price pierced up to around 81,500. Now we continue to predict this round’s northern-campaign high. Basically, the chart is moving like this. After that, the next high is in the 82,000 to 86,000 range. The two peaks are at 82,000, but it may spike/pierce up to 86,000. Then afterward, we’ll go through the second 📉 pullback and continue to test the 60,000 level. So I suggest that right now, don’t make any moves. Because although the monthly candle has closed, it hasn’t started yet. Wait patiently…$BTC
Brothers, get the gold moving Little yellow fish [Gold] Currently topping out in four hours ⚡️⚡️ The signal has already taken shape, and the drop from the past couple of days was a volume-backed selloff. The high area has been consolidating for a while. Judging from the closing lines of yesterday and the day before yesterday, the flood-draining (breakdown) trend has already formed [flowers][flowers].
Right now, wait for a pullback to the 4450 level on the chart. Remember one point: the MACD has just crossed below 0 this week, and the 12-hour chart has only just formed a dead cross as well. So for now, we just wait for a synchronized downside move. There’s an 80% certainty of going to 4450
Over the past few days, in developed countries around the world—US, Japan, France, Germany, and the UK—the long-end yields on government bonds have surged dramatically. For example, today, the yield on the 30-year US Treasury climbed to the highest level in nearly two decades during the overnight session, reaching 5.304%.
Some friends have asked what this means.
Interest rates—more precisely, real interest rates—are the most important guiding macroeconomic indicators. The rise in global long-end rates can indicate two things:
1. The market is voting with its feet: In early August, the size of US Treasury holdings first exceeded $40 trillion, as investors have become alert to concerns about the sustainability of US debt and the pressure from interest payments;
2. Investors are starting to bet that future inflation will be hard to bring down. The market needs to use high interest rates to suppress high inflation.
$XAU Briefly explain gold XAU. Currently, the key dividing point for gold is 4450. This level is the central area of the previous downswing. The left-side structure is quite clear to everyone. If we want to complete a bottom reversal, then we must have the candlestick body firmly hold above 4450. If it cannot hold, then we still expect a retest downward and continued movement lower. So for now, everyone can go short along 4450 to 4430. The stop-loss/defense level can be set at 4480. Targets are below 4300.
Let me talk about Ethereum [flowers][flowers][flowers] I’ve always been telling everyone to watch the ETH level at 1820. Why is it this point? Actually, it’s based on the February movement. ETH at 1820 has the same logic as Bitcoin at 63000. In both cases, the uptrend channel line only begins once the candlestick body is established above 1820. So the same reasoning applies: what’s reflected on the left side corresponds to the right side. Therefore, 1820 is still the key dividing point for me to start. If it holds, then 1980 and 2020 can be reached one after another. If it can’t hold, then the next step will still be another attempt at 1500. But for now, it hasn’t held and it hasn’t broken down either [flowers][flowers]. We’ll wait patiently for the subsequent daily candles to establish above [flowers][flowers][flowers]$BTC
$BTC I actually really hope that this round of Bitcoin’s price action can follow the pattern from February. That way, at least the market can warm up a bit. And also give the market some confidence. As I said before: Right now, the bottom-building level is still 63,000. If it doesn’t break, I still expect an advance northward. The upper peak is at 67,500. The range will play out in this manner.