From the Smart Data indicator, the current bearish trend is strong, the price has fallen below the H4 and trend line support, and is approaching the daily support area.
The H4 cycle support strength is relatively weak. If it cannot effectively stabilize, the price is likely to fall back to the lower daily support area.
From the Smart Data indicators, the current bearish trend is still in a relatively strong phase.
As expected, the market fell back to the 6.6 support level after the breakthrough, and then pulled up to the daily level resistance level of 7.555 and pulled back.
From the perspective of Smart Data indicators, the current upward momentum and capital inflow strength have weakened, and the bulls are in the accumulation stage.
Crypto林船长
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$UNI The current market is still in a volatile stage. From the perspective of Smart Data indicators, the bullish trend of the H4 cycle has started, but it still needs time to confirm. There is double resistance at the H4 and daily levels above. In the short term, the price is likely to have a round of correction, and the support is expected to be around 6.5.
$WCT The rise after the accumulation of momentum is really quick 🚀
Crypto林船长
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Bullish
It can be seen that this wave of rise is more tangled than the previous two times, lacking a clean pull-up. From May 24 to May 26, the long and short forces fully competed in the market. From the Smart Data trend indicator, the 4-hour cycle has re-entered the bullish trend, with support below at 0.6683 and resistance above at 0.7361. $WCT
$UNI The current market is still in a volatile stage. From the perspective of Smart Data indicators, the bullish trend of the H4 cycle has started, but it still needs time to confirm. There is double resistance at the H4 and daily levels above. In the short term, the price is likely to have a round of correction, and the support is expected to be around 6.5.
The 4-hour triangle pattern is converging, and the Smart Data trend indicator has not yet entered the long position, waiting for a breakthrough confirmation or entering a long trend, support 1.3280, resistance 1.4465. $WLD
It can be seen that this wave of rise is more tangled than the previous two times, lacking a clean pull-up. From May 24 to May 26, the long and short forces fully competed in the market. From the Smart Data trend indicator, the 4-hour cycle has re-entered the bullish trend, with support below at 0.6683 and resistance above at 0.7361. $WCT
TRB price has once again approached the key resistance level around 38 on the daily chart, attempting to break through. According to the Smart Data Trend indicator, it has now entered a bullish trend. $TRB
$ETH Ethereum 4-hour chart is oscillating slightly bullish, the hourly chart has now entered a bullish trend, waiting for the resistance level at 2580 to be validated, with upper resistance at 2634/2678/2738.
Bitcoin started to pull back after reaching around 110,000 yesterday. The overall trend is currently fluctuating with a bearish bias. Let's see if this rebound can break through and stabilize above 109,152. #BTC
$ETH Ethereum is still fluctuating in the range of 2400-2700. Only after the price breaks through and stabilizes at 2700 can a new round of rise begin. The current 4-hour bullish trend has started, and the 1-hour bullish trend is still continuing.
#BTC From the 4-hour chart, the price of Bitcoin has tried to fall twice and has stabilized in the support range of 106972 and 106407 and rebounded. At present, the price has effectively broken through the resistance level of 109152 and began to try to test the upper resistance level of 110238 and 110944. In the short term, Bitcoin will maintain a volatile market trend, and the price will be a long-short game around 110000.
The rebound of altcoins is stronger than that of mainstream coins. Looking at the market, ETF, capital flow, Defi and other data, the current market trend is tentative for the market after halving. The bull market expectation is still there, but short-term confidence is insufficient. Since many altcoins have returned to the original point or more than 50% in this wave of decline, their performance during this period may be relatively better.
This Defi chain data chart is very valuable and referenceable. In the figure, ①VOL changed on March 11, 2023. Check out the position and price of BTC. The arrow points to April 16/17, 2024. Check out the position and price of BTC. The only difference is that one changed at a low level and the other changed at a high level. You will come back to thank me!