#BTC #ETH #SOL #BNB Point positions are always the controllers of rhythm. Rhythm is always the safety cushion of mindset. Mindset is always the faucet of the wallet. You can always trust the point positions of the teaching garden! #教yi园
The signal of a market turning point has quietly appeared!
The best trend in the crypto world is a rebound today, pulling up the lower shadow line of the weekly chart, and continuing the rebound tomorrow to pull up the lower shadow line of the monthly chart. This basically can limit the space for decline. The current market structure is mysteriously elusive, after all, many varieties in the crypto world are at critical positions, and what events could trigger a decline is a key question. After all, the performance of the US stock market makes people feel that a crash is inevitable, and April 2nd is an important time node for tariffs; what else can reverse the market's bearish consensus on the US stock market? At this moment, we should revisit the article I posted a week ago to identify the core factors driving the rise of the US stock market.
1. Trump's permanent auto tariffs, Japan's long-term "inflation and wage positive cycle" has ended! (Image 1) The trade of going long on the dollar is no longer crowded, (Image 2) the speculative net long position in the yen has reached a historic high. The yen's attempt to avoid tariffs through appreciation is not very significant; the appreciation of the yen sacrifices corporate profits and Japanese stocks, as well as potential room for salary increases. The Bank of Japan is not raising interest rates, and widening the long-term bond yield spread between Japan and the US will push the yen to depreciate again. With the changes in dollar and yen positions, the script for April may become Trump’s tariff policy landing + yen re-depreciation, and the selling of the yen will help push the US stocks back to historical highs.
2. The SPY Skew Index has reached the levels of October 2023, indicating that the pricing for economic outlook uncertainty is relatively sufficient; At the same time, after three months, the SPX mini speculative net positions have turned from short to long again, and it can be said with high probability that March was the turning point of American risk sentiment.
So, as I said before, let all the bad news be released in March.
The US stock market closed poorly on Friday, and the weekly chart clearly shows a tendency for downward momentum. If today's closing in the crypto market doesn't look good, a Black Monday is highly likely to reappear. What's even worse is that Monday is also the end of the month; if the monthly closing is poor, both the crypto market and the US stock market will definitely give everyone a real April Fool's Day. #数字货币 #美股 #愚人节
Discussion on the US economic recession summarizes everyone's views into two points: If the US does not experience a recession, then the current valuation of US stocks is very attractive, while other regions are not; If the US really does experience a recession, then the current valuation of US stocks is unreasonable, and other regions are also unreasonable.
A magical Schrödinger state! Whether it is in recession or not is not important; it actually is not in recession. What matters is that it makes you feel like it is in recession. #美国加征关税 #金价走高 #金狗势不可挡 #加密市场回调 #WYST稳定币
$SUI : The price has reached a turning point again, and the new public chain has accumulated strength.
SUI's performance this year is evident to the market. With a top-notch technical team from Facebook, rich development and operational experience, ample backing and capital support, along with SUI's characteristics of high performance, low latency, and ease of development, it is undoubtedly a highlight in the current market environment.
During this round of adjustment, the SUI price entered the range of 2.24/2.29 to 2.87/2.91. These two key price ranges determine the short-term price fluctuation range. As the trend lines continue to be broken and retested for confirmation, the 2.24/2.29 range becomes particularly important. Whether this range is lost or not will determine SUI's performance for a long time.
It is still uncertain whether to abandon the old public chains, but embracing the new public chains is clearly necessary.
ETHBTC: Standing straight when hit, is Ethereum finished?
This cross-rate is so weak that it cannot be described in words; any reversal pattern is not worth mentioning. The frequent new lows suggest that the market has formed a bearish path dependency, and there is an anchoring effect in sentiment. Who is being anchored? Perhaps it's Vitalik Buterin, haha.
Returning to trading, such a trend may break the deadlock in the form of a big bullish surge, so we need to be prepared for this type of movement. Ethereum is still weak, Bitcoin is still strong; giving up on Ethereum is equivalent to redeeming oneself. This is the recent popular saying in the market.
However, that being said, since it’s trading, there should be no bias. Once the structural pattern emerges, just follow it actively. Therefore, for ETHBTC, we only need to be cautious of the possibility of a big bullish surge. #加密市场回调 #币安投票上币 #BSC链热浪来袭
泡沫之上-
Mar 21
Bullish
A rare bottom reversal pattern for ETHBTC has appeared!
ETHBTC is the key cross rate for measuring the strength of Bitcoin and Ethereum. This rate has been experiencing indicator bluntness after a long-term decline, leading to a misalignment in the degree of downward slant. This oscillating decline corresponds to a continuous shrinkage in Ethereum's market capitalization, which has dropped from a peak share of 21% to 8%. No matter how poor the fundamentals are, the trend of ETHBTC has priced in all the bearish news. Currently, the daily chart shows a series of alternating bullish and bearish candlesticks forming a cross star at a low point, which is a rare reversal combination. Although the price is weak, the appearance of this pattern in this area needs to be treated with caution, as such combinations usually indicate the emergence of a bottom. Although this asset's larger cycle remains very weak, both in terms of pattern and indicators, there are no signs of stabilization in the larger cycle, and confirming the bottom in the larger cycle requires a long time to digest; however, this does not affect the possibility of an unexpected short-term price squeeze. As for the long term, it is too complex and there's no need to look that far ahead. For now, simply achieving an upward wave would be the best reward for this combination pattern. #币安投票下币 #美SEC澄清PoW挖矿监管立场 #币安投票上币 #特朗普数字资产峰会演讲 #ETHBTC汇率新低
$BTC seems structurally complex, but it's actually quite complicated! In the last few days of the month, there will be a fierce collection line, stay tuned for the drama. #加密市场回调 #币安投票上币
At the moment when chaotic clouds fly across the sky, staying calm is the most valuable strategy. If BNB can drop quickly once, an excellent buying opportunity will arise. #加密市场回调
Short-term: The rebound before the US market is a trap to lure more buyers, and the US market opening will continue to probe downwards. Before the US market, there was a continuous decline, and in the evening, it is a bottoming rebound.
Overall structure: Bottoming phase, relatively repetitive, it won't happen all at once, most varieties have very limited downward space, avoid casually chasing shorts. #加密市场回调
Yesterday I mentioned in the video that some have rebounded to the point while others still need more time. Today, looking back, strong ones like SUI/BTC/LINK and weak ones like LTC/ETH/FIL/OP/ARB are evident. It seems that the necessity for a shift in focus is increasing. #加密市场回调
#以太坊 , is this V God going to KTV again, has $ETH faced divine punishment again??? When it comes to disappointing people, Ethereum never lets anyone down. #加密市场回调
PEC was only announced in the evening, the price dropped early, and it was still in the middle of the day, which is rare. However, $BTC is still very strong, the altcoins are really underperforming. In the future, stay away from voting #币安 . #加密市场回调
Bitcoin is expected to continue bullish momentum, with the range of 89010/89640 being a key resistance. Obsession is like stone, faith is like water, only by letting go of burdens can one flow with the current. #币安投票上币 #币安LaunchpoolGUN #BSC链热浪来袭 #美国加征关税 #WYST稳定币