领航eth

The posture approaches the 3rd wave slope line, will today's bulls and bears inevitably determine the winner?

From a daily perspective, the movements of the 1st and 2nd waves are quite standard, and the upward trend is relatively stable. The slope of the 3rd wave's K-line has significantly increased, especially in the case of breaking through historical highs. The acceleration of the upward trend is evident, with institutions increasing their holdings and the posture showing overheated behavior, putting considerable pressure on the technical indicators.

Currently, the posture's price is in a very awkward position, facing resistance from a double top formation while being pushed by a bullish upward wave. Today's Friday movement will undoubtedly have a profound impact on the medium to long-term pattern.

On the 4-hour chart, the posture's fluctuation range has noticeably narrowed, with the current concerns mainly concentrated in the 4400-4700 range. The trading volume has significantly decreased compared to the previous period, making it difficult for both sides to break the deadlock in the short term.

Future direction may be guided by some news; we will wait and see.

For the medium to long term, pay attention to the 4350 support and the 4700 pressure level.

On August 28th, mainstream coins, Bitcoin analysis

Currently, Bitcoin has formed, with the first bottom probing around 108000

This position is the last starting point, just like the position of 74500 when the big bull market began

In the short term, Bitcoin's selling pressure is actually still increasing, causing the momentum for the price to fill the upper gap to weaken, but this gap will still be filled; it’s just a matter of time spent to exchange for space

Not much more to say, the position is what matters

111000-111500 is the range, looking at 114500-115000.

Main Force Washing

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How much has it dropped? Are you panicking again? Last night, the altcoin hit a new high, and around three o'clock, it directly plummeted, today during the day it's dropping again, and everyone thinks the bull market is over? Are you out of your mind from the drop?

Bitcoin is currently at 110,000, and the altcoin is still at 4600. Do you know how many people will lose their lives if Bitcoin drops below 110,000? 🤣 The institutional investors won't let you retail traders get off the bus without losing money, right? There's still interest rate cuts to come, and when the money flows freely, you tell me it’s over, why should it drop? That's why only 10% of people make money in a bull market.

I think if Bitcoin drops below 110,000, it will only be a false drop and will quickly rebound. From the daily chart, you can see it’s forming an M-top, so be bold and go long; it won’t drop below 110,000. In the short term, Bitcoin might rebound to around 117,000, breaking through the previous high.

How to send red envelopes, I recently made some money, so I'm giving everyone a red envelope to share the joy😄

Many brothers ask Long Ge if they can still get involved in the cryptocurrency world?

Let me tell you this; I know a large group of young people, and by young people, I mean those in their twenties and early thirties.

They all venture into these things, some make profits while others incur losses, with losses being the majority. Those who can make money are typically already well-off; they buy in and leave it for a year or two without checking, and they are basically the ones who make a profit.

Most of the people who lose buy in and then check the market every day, looking at the K-line charts, and about 90% of them end up losing.

I just want to say that you can try this thing and invest your real money; you will definitely learn something to some extent.

If your mindset is not good, it's best to avoid high-risk things at this stage, or find a teacher to guide you, and be compliant!

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BNB breaks 840, setting a new historical high. This year, we are highly likely to see BNB at 1000. Let's go!

What do you guys think about this wave? The Auntie's single position hit 2515 accurately, making over a hundred points profit. Currently, Auntie's multiple positions have been successfully received, and the multiple positions are profitable. The dying market still favors the bulls, and I announce that the imitation season is coming soon! The raging bull is beyond imagination!

On the 4-hour level, the candlestick shows an alternating pattern of bullish and bearish with relatively small bodies, and the Bollinger Bands are narrowing upwards. This pullback after a high has shifted the market from being dominated by bulls to a weak consolidation trend. Although the process has been repetitive, it is currently in a rebound phase within a bearish downtrend, and short-term fluctuations are expected to be relatively frequent. In terms of operational direction, we maintain a bearish outlook, with a focus on the breaking condition of the support level at 106800 below. If there is a second dip, the downside space will be opened up. In this structure, each rebound presents a good opportunity to short.

In the morning, Bitcoin can be shorted around 107500-108000, targeting near 105000;
Ethereum can be shorted around 2440-2460, targeting near 2350.

Analysis for June 20
After significant fluctuations and without support from the US stock market, the market is oscillating near the box range as I expected last night. The price dropped to around 104,000 in the early morning and then slowly rose back to around 104,700 by the morning. I believe it will continue to maintain this box oscillation, and adjustments will be made if there is a new breakthrough. Please adjust flexibly according to market trends.
From a technical perspective, the overall oscillation shows a balanced state, with the MACD below the zero axis, and the histogram shortening. Bearish momentum is weakening but has not yet turned strong. The RSI is at 46.18, in a neutral to weak area, and a box oscillation is expected going forward. In this context, the strategy should primarily focus on buying high and selling low. (For very short-term trades, keep the analysis from last night and maintain good defense.)
For rebounds around 105,300 to 104,800, focus on the box
Targeting around 104,000 to 103,500
For rebounds around 2,560 to 2,540, focus on the box
Targeting around 2,480 to 2,460

The Federal Reserve does not lower interest rates, how should the cryptocurrency market move today?
Last night, due to the Federal Reserve announcing for the fourth consecutive time that it would not lower interest rates, the U.S. stock market rose and then fell back, with the Nasdaq index increasing by 0.12% and the Dow Jones index decreasing by 0.10%. The stablecoin Circle rose by 33.82%.
Yesterday, a domestic meeting was held to set the tone for the future economy, but the cryptocurrency market still closed with fluctuations and declines, and the trading volume continued to shrink without expanding; the positive news did not stimulate the cryptocurrency market to rise.
Since there are no positive factors in the sectors today, it is highly probable that the market will follow the U.S. stock market and speculate on stablecoins.
From the market perspective, today will still be dominated by fluctuations, and there will not be a significant drop; individual cryptocurrencies need to pay attention to their rhythm, as recently, Ethereum and Bitcoin have been unable to break through in the short term without favorable policies.

All brothers, please pay attention to one thing: my thoughts are for reference only and do not constitute any investment advice.
When it comes to important execution strategies, it depends on yourselves. Everyone makes mistakes in trading, and there are also times of going against the trend.
Especially when changing direction, one must be cautious and learn to be their own candlestick investor.
Just like now, I have chosen to be bearish, but the market is still strong. Some altcoins remain relatively strong, and if I get out, many will indeed complain.
So when you execute your operations, you must consider this. Now that I have changed direction, there will be no changes unless the 15-day moving average of Bitcoin shows that the signals I see are gone. If that is the case, I will choose to rest.
The market is constantly changing, and in the process of change, it depends on how you adapt. Trading can sometimes be very painful and requires time and energy to adjust.
In this industry, it is difficult to gain understanding without ten or eight years of experience. What looks glamorous on the surface hides a pain that others cannot imagine.
I hope that everyone who can persist does not choose to give up at the most critical moment. As long as there is still capital, make sure to learn more. Let's encourage each other!

BTC 1-hour level:
Pay close attention to whether a rebound can form here at 105714 USD. Once a rebound forms, we can look at a second exploration in the current level!

BTC 4-Hour Market Chart Analysis:
The current market is within yesterday's expectations, with the price channel line breaking down, testing pressure around 106225.
If this pressure is effective and a neckline forms, it can be confirmed that an N-shaped structure and M-top are to be formed here.
If the channel line cannot rise, pay attention to yesterday's lowest point below, with a second target at 108832, and the channel's lower bound at 98136 USD!
The above views are for reference only and do not constitute any investment advice. Long has been carefully reviewing the market recently.

I can clearly tell all investors in this field that the current trend of BTC is not very optimistic.
The current price action is very similar to the bull market in 2020, both in terms of indicators and patterns, as well as the logic of K's movement.
If the current high point of $112,000 is confirmed as the peak of this upward trend 📈, then I hope everyone will be cautious. Once there is a 15-day line level adjustment, those who bought the dip around $738,000 may experience some panic.
The current level of adjustment can see Bitcoin starting with a 7. Right now, there is only the last support at the two-day line, and if this breaks, the weekly market will be completely over.
Currently, whether it's the US stock market or the crypto circle, there will ultimately need to be a major washout before a true bull market can emerge. This bubble must ultimately be digested. I hope you can have this risk awareness!

Buying and selling is simple,
but investing has never been an easy task.
Starting from value,
understanding the mid- to long-term logic from a growth perspective.
Persist in walking the right path, doing the right things, and being friends with time.
Accumulate and release, progressing through compound interest.
"Do not be greedy for victory" - Lee Chang-ho
"Haste makes waste" - Duan Yongping
"Speed without haste" - Li Ka-shing
"Slowly become rich" - Warren Buffett

BTC 32-hour structure, of course, you can also see it as a two-day line, because you can't see the 32-hour, day traders should not look, otherwise I will get criticized.
The current level has declined 📉, the fifth wave has ended, forming a V shape, and the current secondary high point does not continue. You can also see it as an M, which is equivalent to two types of structures.
The rectangular position at the top is an important resistance level. In static market analysis, an effective M top will break below the lowest point of the decline 📉.
In summary, the daily line closing in the morning is relatively strong. During the strong process, it must also form an effective rebound; otherwise, no matter how well it rises, it will not work and will ultimately adjust the current level.
At the current level, pay attention to the area around 101209. If it breaks below this position, then the next target is simply around 93800.