ETH Update May 3, 2024 💲

⚠️In addition to BTC, ETH is also an important factor that directly affects the entire market that we need to monitor. Let's quickly update ETH trends with DKT!
🟢ETH is remaining in the bearish territory on the long time frame, remaining in the 400-500 price range.
🟢The current large psychological support and good base zone for ETH is $2,500-2,750, which is a safe price zone that can create cumulative price increases for ETH when the market fluctuates.
🟢ETF ETH is expected on May 23, in my opinion, ETH will not be approved, in terms of price, it will be pumped up whether approved or not. The market will still have a way to work to bring ETH back to the price level above $ 3,000 and approach $ 3,800 soon.
➡️Even though the main trend is still bearish, I still have a positive perspective on ETH re-pumping and having a new ATH. Breaking the hard resistance zone at $4,000
➡️If nothing changes, I will buy ETH when the proposed entry arrives.
What do you think about ETH, what is a good price so you can buy it 😮‍💨

⚜️ BTC Update May 3, 2024 ⚜️

⚠️ Bitcoin is continuing its main trend in the long-term range which is still a downtrend. I mentioned them in most of the articles in April. So now let's quickly analyze Bitcoin in May.
➡️ BTC just had a very bad end to the monthly candlestick, closing with all its strength with a monthly decrease of $13,000. This will also be the premise for BTC to continue to decrease after a slight recovery and create a base to search for the accumulation zone again. increase in price in the long term trend
➡️ BTC.D, the dominant price of Bitcoin, dropped sharply, returning to the 54% area, causing Altcoin to increase sharply, but BTC.D will return because it is meeting the weekly price increase trendline.
➡️ The current Altcoin recovery is only a short-term recovery when within 3-4 weeks most coins lose 40-60% of their value from the peak.
➡️ BTC is returning to test the breakout zone at 59,400-59,800 which I mentioned about liquidity yesterday.
➡️ BTC If the Daily candlestick tends to close above 61,200, we will monitor them with a new perspective, otherwise this short-term pullback will soon return to 55,600-56,300 to continue the trend if like being unable to break the trendline.
➡️ Although ETFs and organizations are trying to find positive news, it is still not enough, the short selling effect is still maintained. Volume can increase but cannot break through. This section will prioritize Coins with low marketcap for pumping.

Please consider not shorting any coin that is being pumped strongly. Be careful to avoid losing money.

You guys think later about BTC after this week ends

🐳 Should we collect pixels at the present time? Let's do a quick analysis with Doan Ket Trading before making a decision.
👉 Pixel is a Play to earn project that can earn money from investing in farming then collect and convert into Pixel tokens to generate income, so the pixel pool will also make this coin have a reduced price gradually.
👉 Pixels just announced that the Chapter 2 update is about 90% complete and will be released in the next 2-4 weeks, which will also be an event that can pump this token up in price
👉 The strength is that the Sharks do not play games but have a constant and very good amount of cash flow being pumped into this Pixel coin.
👉 Currently, Pixel is in the discount trendline of the Day Frame since its peak of $1,036, compared to the current price, it has decreased by 60%.
👉 In terms of support and liquidity scanning set up for a safe buying zone, I recommend the price range of 0.29-0.35 as a price range where SPOT can be collected and you can enter Futures orders with low leverage.
This is an analysis and is based on available factors, based on the analytical perspective of Doan Ket Trading, you can take advantage and make decisions. Thank you for your interest in the article. Don't forget to follow and leave interactions with Doan Ket Trading ❤️

💢 BTC Fold Warning in short-term time frame
In this article, we will take a quick look at the M15 and H1 time frames
👉 In the short frame BTC had a sideways price range of 1200 but the trend was decreasing and exiting the border area was trying to go down. This is actually a bad signal for the market
👉 The support zone 64,600 is a hard support zone that has been broken, so the next zone 60,600-61,550 is the zone that you need to mentally prepare for.
👉 Although very bad, it is no exception that this could be a fake breakout to seek liquidation of Short orders.
We have also had an analysis process going on in the past few days that closely follows the market. Although the best results have not yet been achieved, it has almost been optimal for the market to adjust and gain profits.

⚠️ The cryptocurrency market is experiencing quite strong fluctuations, in response to BTC not being able to Break out to increase to $68,000, there has been a decrease equivalent to 3000 in price.
With BTC's strong price decrease accompanied by a decreasing sideway, you should be careful. Limit Long Altcoin at the present time. BTC attracts Dom, leading to the Altcoin trend having to be reset and the direction of BTC we will also update. Are you ready for BTC's new analysis article today?