According to Bitcoin's data, the turnover rate has significantly increased just as it reached Monday. Recently, the sentiment of short-term investors remains unstable, and the turnover is very high, which also restricts the rise of the $BTC price. The frequent turnover by short-term investors is mainly due to pessimistic expectations for the future, but the sentiment of earlier investors remains quite stable.
The chip structure is currently still considered safe, with no signs of a significant collapse among loss-making investors. This week's focus is still on the Federal Reserve's interest rate meeting. Although Powell's influence may be weakened by Hassert, the dot plot still represents the views of Federal Reserve officials, which will have a large impact on sentiment.
Currently, from the daily chart perspective, facing resistance from the trend line, but the MACD pattern has strengthened over several days, and a breakout is only a matter of time. It is recommended to buy on a pullback, with support around 88000. On the four-hour level, there is a rebound with increased volume, and the MACD has a golden cross pointing downwards. It is recommended to buy on a pullback at 90000, with an additional buy at 88500, stop loss at 87500, and target around 94000. From the 3-day chart perspective, the bottom is rising, and the MACD golden cross has a demand for rebound, but the larger cycle is still in a bearish pattern. If it rebounds to the key resistance around 98000, it is recommended to short, and in the coming days, it is advisable to buy on dips boldly.
Crypto has come to this state today, and there isn't a single innocent party.
Venture capitalists seek high returns, project teams aim to issue tokens for profit, exchanges turn a blind eye for listing fees, media and KOLs chase traffic and coins, and retail investors hold onto their hundredfold beliefs, collectively treating 'no limits' as industry culture.
In essence, it boils down to one sentence: This circle is too tolerant of scammers.
Scammers not only won't be nailed to the pillar of shame but are instead repeatedly elevated to the status of new narrative kings.
The result is that bad coins drive out good ones, and wave after wave of retail investors are cut down, only to suddenly awaken: it turns out the so-called 'disruptive paradigms', 'thousandfold potential', and 'fat protocols' are all tricks.
Fortunately, retail investors have finally started to feel the pain. Only when it hurts will they remember.
From blindly going all in on fat protocols to now starting to ask 'where is the cash flow', this round of painful lessons has at least made everyone see one thing:
Projects without a solid foundation, no matter how good the story, are just stories. True value will ultimately return to real products and cash flow.
Do you think in the next round, retail investors will still get carried away? Or will they truly have learned their lesson this time?
My Experience with Cryptocurrency Trading, Learning is Earning
1. Beware of Bull Market Traps Popular Coins = High-Risk Zone Coins that are wildly FOMOed during a bull market are often heavily controlled and have significant bubbles. → Principle: Market makers attract retail investors to buy in, and once the funds withdraw, the drop is far greater than the overall market. → Countermeasure: It's better to miss out than to chase after popular coins that surge over 50%. New Coins Launch with a Scythe New coins strongly promoted by exchanges often follow the trilogy of "launch - surge - crash." → Case: A certain exchange's IEO project surged 10 times in 3 days before being cut in half, with 90% of retail investors trapped. → Iron Rule: Observe new coins for 3 months before making a decision, avoid emotional trading.
2. See Through Scam Patterns The Formula for Scam Coins "Violent Wash Trading → Stair-step Rises → Skinning Profits" is the standard process. → Data: Over 80% of scam coins have a lifespan of less than 1 year, with a zeroing rate exceeding 95%. → Solution: Only use 5% of your position to trade scam coins, take profits in batches. Strongest Rebounds ≠ Greatest Potential Coins that experience wild surges and drops are often speculative, such as Meme coins, which generally fall back over 80% after a short-term spike. → Truth: Quality projects typically have a volatility less than 1.5 times the overall market's amplitude.
3. Capture Long-term Opportunities Time Dilutes Volatility Mainstream coins like BTC/ETH have an annualized return of over 200% over 10 years, but must withstand short-term drawdowns of over 40%. → Strategy: Regular investments + cold wallet storage to avoid frequent trading. Potential Coins Hidden in Obscure Areas Truly valuable projects often have low trading volume before they take off, like C98, which surged 27 times after 11 months of sideways trading at the bottom. → Discovery Technique: Pay attention to GitHub code updates, institutional holdings, and other on-chain data. Dark Horses in the Second Half of the Bull Market Mainstream Layer1/Layer2 projects (like ATOM/NEAR) that were stagnant in the early stages often see a 3-5 times surge at the end of a bull market. → Key: Reserve 30% of funds to wait for right-side opportunities.
BTC has once again fallen below the key level of 90,000. This wave of correction is quite strong, and it is currently near a minor support level. However, the strength of the minor rebound is weak, indicating a high likelihood of further downward movement in the short term. Next, pay attention to the support range of 85,000-86,000. If it dips here, I will enter a long position.
The weekend pancake enters a range consolidation; patience is required to wait for definitive signals before entering trades. The recent market seems complex but is, in fact, simple. The complexity lies in the fluctuations that make it hard to grasp, while the simplicity is that the trend is actually a continuous short squeeze.
Due to typically weak liquidity over the weekend, operations should be approached with extra caution.
Two key positions to watch: The first is the gap below around 87500; if it drops to this level during the day and fills the gap before stopping and rebounding, one may consider positioning for long trades, with extreme rebound levels at 97000-102000. This is a relatively ideal technical formation; do not enter if there is no clear stop signal. The second is if it cannot break above, then there may be further pullback space, allowing for short trades at highs, with strong support in the 85000-86000 range below.
The weekend is likely to see narrow fluctuations, preparing for next Monday's decline; the market is becoming increasingly quiet, and trading volume has limited reference value, with few opportunities. It is advisable to remain patient and wait for clearer signals to appear!
1. Focused on the field of on-chain security (the first reaction is safety, is there a large profit space? Unlike meme sentiments that take off when in place)
2. The product is continuously iterating and updating
3. Previously, gps was taken advantage of by market makers, who sold off early, resulting in being labeled (st) by Binance.
The important short-term support for Bitcoin is at the 89,900 position. It unexpectedly dropped below that level in a short time. Looking at the trading volume situation, Friday's trading volume is similar to the usual Sunday trading volume, which is indeed surprising.
Next, we will see if the subsequent two 4-hour K-lines can recover the 89,900 level. If this position cannot be reclaimed, the hourly level will revert to a weak zone, and technically, the bullish rebound momentum will weaken.
On a macro level, this may also imply that the market has completed the expected trades for a rate cut in December. Unless there is a larger rate cut in January or significant rate cuts next year, the bullish momentum may not be able to push the price rebound again before the rate cut on December 10!
I somewhat understand the meaning of Binance Blockchain Week; it is a typical reflection of a society based on personal connections:
First, Binance invited a large number of KOLs (Key Opinion Leaders) in the form of chartered flights and wine to build good relationships;
Secondly, hundreds of KOLs are queuing up to take photos with CZ and He Yi, which can enhance their credibility and exposure. For example, many KOLs that people may not have noticed before will gain more attention this time because of the photos and videos; the group photo session is also the most critical part of Blockchain Week, it is the essence of the event, and KOLs are very happy to take photos with CZ, and if it were you, you would want that too.
Then, the KOLs attending the conference generally have positive comments about Binance's posts, praising the Zhao couple from various angles, further shaping the personal hero worship of CZ and He Yi in the crypto community, enhancing their influence.
In summary: This week is basically all about news from Dubai; such a high-density concentration of exposure can better promote Binance's values and the values of CZ and He Yi, providing a positive one-way output that shapes a positive personal image and ultimately enhances the Binance brand power.
ETH Daily Line Breakthrough Trend Re-test the strong resistance of the daily line (resistance and support switch positions) Daily line bottom divergence bullish 2 gold The resistance neckline before the daily line breakthrough The target for this wave is around 3600
Why can't altcoins rise? Don't say it's because of 'lack of money, lack of liquidity'; that's just the surface.
The truth comes down to two points:
1: The projects lack innovation, all are just old concepts being repackaged, and no one is willing to pay for 'storytelling' anymore.
2: The valuations are outrageous, opening at market caps of several billion, and retail investors are trapped as soon as they buy; who dares to take on that risk?
The result is:
All the funds flow to the top, with 90% of altcoins being ignored;
When project teams slightly pump the price, they get dumped, and they simply give up and stop playing;
New coins are listed and immediately crash, beliefs drop to zero. The market has completely changed:
There are no longer fairy tales of 'holding on with closed eyes and waiting for a hundred times return',
only 'short, fast, and fierce' quick in and out. If you can catch a rebound, you run; if you can't, you're left with nothing.
Be a bit slower, be a bit greedier, and you are completely out.
In short:
The altcoin market of 2025 is not a greenhouse waiting for the wind,
but a blood-soaked arena. Those who can adapt will feast, and those who cannot will be left with nothing.
ZEC has rebounded to the resistance level around 420, and it is time to short again. A short position has been set between 400-430, with a stop loss at 440.
BTC 1H #Consolidation or Pullback Fast channel model, breaking below the channel to test the channel starting point for a rebound (breaking below the rebound gives a short entry opportunity) If the rebound cannot break the new high, it is highly likely to continue pulling back Potential targets 90.7K, 87.7K If going long Wait for the pullback at key support levels to go long Or break 93.8 to go long