ETH urgently hits the critical point of 4490! Breakthrough to 5500+, will it fall below 4000?
Currently, ETH is stuck on the upper edge of the symmetrical triangle at the critical line 🔴, at the price of 4490 USD, every fluctuation is rewriting the short-term trend! The recent surge is fierce 📈, many investors are watching their accounts in the green, yet they are clenching their fists and wondering: Can this point be broken through? 🤔 First, let's highlight the key points ✨: If it can steadily remain above 4490 in the future, and even break through with volume 🚀, ETH is very likely to enter "sprint mode"! According to technical analysis, reaching 4950 USD in just a few days is just the beginning, and if market sentiment heats up 🔥, a target of 5500 USD + is entirely possible, making the holdings even more valuable! 💸
Congratulations to the obedient brothers who got in the car to eat meat. Next operation, secure a steady profit of half at 4430, and then set a stop loss to break even.
财神小跟班Cator
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Bearish
The market expectations have become too strong, the RSI is overbought, the demand for a pullback is evident, the weekly chart is about to peak, a dead cross is about to form, and the stage of the bull market is about to end $ETH $BTC #BTC再创新高
Is the income of KOL really that high? Yes, but very few can actually obtain it. It mainly follows a tiered structure. Always remember, do not deify KOLs; they are essentially just louder versions of regular individuals. Their fundamental work is actually just self-media, similar in nature to those financial bloggers on Douyin. The income from self-media in the cryptocurrency space is simply more diverse and has higher freedom. In terms of operation and understanding, they are not much stronger than others. The only advantage is having more resources because they have multiple sources of income, so they don't feel the pain when they incur losses. They have plenty of opportunities for trial and error, while ordinary people can't afford to lose the hard-earned salary. Many people say that someone became famous overnight; those individuals can keep fighting, unafraid of making mistakes, and continue battling until they achieve fame, only then do they qualify to reflect and share their legendary experiences. Many have succeeded, but many have also fallen. $ETH $BTC
The market expectations have become too strong, the RSI is overbought, the demand for a pullback is evident, the weekly chart is about to peak, a dead cross is about to form, and the stage of the bull market is about to end $ETH $BTC #BTC再创新高
Share a contract method Track method: Set the K line to boll+Macd, you will find three lines, that is, track lines, the yellow one is the upper track, the purple one is the middle track, and the blue one is the lower track. The price will only change among these three lines. These three lines are not only support but also pressure. When the price reaches the middle track, the lower track will generally rebound, which is a long position, and the price reaches the upper track, which is generally a short position. The larger the time point, the stronger the effect, such as the four-hour line is greater than the hourly line, the daily line is greater than the four-hour line, and so on. Of course, the track shape is a special case. For example, the angle between the lower track and the horizontal line is greater than 45°, which is generally a plummeting shape. At this time, if there is a rebound, go short, and the same is true for the upper track.
Those who make money in the cryptocurrency circle must understand $ETH $BTC 1. Never open a position at an unsuitable position, and would rather miss it than enter the market. 2. Be patient when waiting for an empty position. 3. When the price has risen to a certain level and everyone is shouting for more, it is time to fall or pull back. When the price has fallen to a certain level and everyone is crying, it is time to enter the market. 4. The contract position cannot exceed 10% of the total position, and it can only be 20% if you are 100% sure.
Daily market analysis——$BTC I personally maintain yesterday's view——it is just a rebound. The following is a combination of 4H and daily K. From the perspective of daily K, the K column is actually still testing the resistance area. If you want to ensure the trend reversal, you must step on this step and step firmly. From the details of 4H, the resistance area should be here 66700-66800, which is close to the price area of the upper shadow of the red line on the left side of the daily K. In other words, 66700-66800 is the last short point in the current stage, and the breakthrough is the stop loss. In the future, don't go short again before reaching the upper boundary of the box. Some people like to call the 4H pattern a head and shoulders bottom. "Only personal analysis, 2024/4/22" $BTC $ETH
The rebound of the big cake is weak, and the big drop is the end. The short position has been arranged. Will 6w rebound again? The copycat is recovering. Can we buy the copycat again? #比特币减半 $BTC $WIF
On April 20, Bitcoin halving ended. Bitcoin is rebounding from oversold. The U.S. stock market collapsed, the Japanese stock market collapsed, the Korean stock market collapsed, and the whole world is collapsing. Everyone in the financial market is paying for the Fed’s failure to cut interest rates. Bitcoin is difficult to break out of an independent trend. It rebounded from oversold, and after the rebound, it fluctuated and fell. Don’t think about the pattern. The world has changed. Blame the Fed.