Market Review: $ETH 2030 has been broken, and the previous logarithmic chart is becoming increasingly likely to become a reality. If we look at Ethereum over a longer period, as shown in the chart below, it fell to 366 this year, completing the 4th wave of the monthly line, then built a bottom for a year, and finally erupted again in the last two years. Rather than struggling to catch the bottom, it is better to take a light position and short with the trend or to wait patiently for a clear support to appear.
Market review: #PEPE made a smart trade, and it is still trading at the bottom.
As for Bitcoin, there is no big drop before 1027, everything is an illusion. Ethereum has a strong 4h logical support near 2600, and the shape fits the end of the 8th wave of 4h.
Say a few more words: One cannot be complacent; Pepe is indeed at the third pressure level. The first entry at 0.009 and the second at 0.0085 were both good positions, and the unrealized gains have indeed not been closed. Yesterday, during the third entry at 0.0093, I was not as certain as in the first two times. Although there were still unrealized gains that day, I began to have doubts. Conversely, after triggering the loss at 0.0093, my mood became much healthier. Trading requires energy to support belief, and energy comes from the best positions and the strongest logic. The 1-hour wave pattern actually supports reversals, but looking at the 1-hour chart itself is a mistake. Just wait for the results; at worst, I will waste all the opportunities of this month.
Market Alert: The decline seems to have not stopped. I have closed my position on Pepe and am currently in cash. I have placed a new order at the position 000702, safety first.
Market Reminder: The direction of $PEPE $BTC remains unchanged, still maintaining the previous judgment. I only closed my CRV position to balance my holdings, but the direction is still firmly upwards; it feels too deliberate here, creating a false impression of accelerated decline, bringing down the 4-hour indicators.
Those without positions can establish a position here, while those with positions should control their holdings and not increase their positions.
Market review: $PEPE is basically in line with the plan. $BTC is long after the callback, and look at 1027 first. $CRV 0.54 is long, and look at 0.66 first.
The above are my positions. I will not post the remaining positions that I do not hold, and no one will read them even if I post them.
达达君
Feb 10
Market Review: The daily bottom at $PEPE has formed, and a one-sided move is about to begin. $ETH 1h image for long positions.
Recently, I have not focused on Bitcoin and will not express my opinion.
Market Review: The 0009 stop-loss set before sleep was indeed triggered, but fortunately, I also set a 00085 limit order and managed to get the position back. It's a bit of a pity that I didn't take profit when it reached 00113, which turned out to be a waste. However, regarding the daily order, even if I open at a relatively good position, I still cannot test the strength of the pullback; protecting capital is the most important thing, and one should not hold onto any illusions.
Market Review: $PEPE has a profit of over 20% but hasn't exited, and now it's indeed time to eat the pullback. I can only set a stop loss to protect the principal; no matter what, preserving the principal is the most important thing for the next bottom test. The 4-hour indicators still need at least two more K-lines, and it may only bottom out after 8 AM. Ethereum and Bitcoin do not have a clear direction; after Ethereum retraced to 2900, encountering resistance is normal, but BTC has not reached 1027. Doge and CRV on the daily chart have not hit their targets, so it's really hard to say whether this downward movement will find a bottom.
After frequent and significant liquidations of long and short positions, market sentiment appears very low. However, the more you are afraid to buy, the more you must buy; overcoming internal fear is essential.
Market Review: During the New Year, busy visiting relatives and friends. $BTC The first pancake stepped on the left shoulder, and the subsequent changes are temporarily understood as shown in the figure below. $ETH The second pancake has already exceeded expectations completely. As expected, the c-wave guided by the a-wave on the daily chart is destructive, and we may look at the range of 3980-2112, which is identical. It is now hovering between 2100 and 2030, and it is still uncertain whether it will retrace to the 2030 position, but the trading range has opened up, and there will certainly be more extreme market conditions in the future. $PEPE The frog is going long.
For now, we can only assume that a larger upward trend will follow, and the pullback imagined in our heads has already occurred.
Market Reminder: Support below the daily level cannot be used as a basis for opening orders, It is not impossible to invest in altcoins, but there must be very strong logic behind it, and one must dare to think. I have reminded several times before that BTC needs a pullback, but a crash is absolutely impossible. BTC 97500 ETH 2770 Now adding an altcoin, Frog PEPE 00098538, if it can reach here today, it is one of the good opportunities.