In fact, there have been many instances of altcoin crashes in history, but one similar to the crash on October 11 should be the altcoin crash on May 12. It was not March 12, nor May 19, but May 12, 2022. That time, it had been over half a month of decline, causing altcoins to average a drop of 3 to 4 times. At that time, I bought the dip on unfi. Within a day, unfi rebounded by 50 points, and I sold. Later, unfi corrected, but just after 18 days, unfi doubled. By June 8, unfi skyrocketed 30 times in one night, leaving me filled with regret for missing out. Now? The number of low market cap coins on Binance is significantly higher than in 2022, and expecting a 30-fold increase is impossible. However, one thing remains unchanged: under equivalent conditions of decline, the rebound time for low market cap coins should not differ much, and that time it mostly started to rebound fiercely after 15 to 20 days. What was Bitcoin doing back then? I’m ashamed to say, Bitcoin was on its way down from $30,000 to $16,000. You read that right, Bitcoin was halved, and low market cap coins surged, a historical rarity. So now, when everyone discusses whether Bitcoin will rise or fall, or if it will have a second probe, I actually don't care at all. Because some low market cap coins have already dropped to the point where their total market cap is similar to the fees of the coins themselves. As long as there is no pump, the market makers are definitely losing money. Understanding this, what are you still afraid of?
I don't know if you all escaped a disaster or suffered heavy injuries or minor injuries Personally, I feel that the reminders in the morning were on point.
Crypto market analysis 6.22 interest rate cut obstacles appear, Ethereum ETF enters the final moment The biggest obstacle to interest rate cuts has appeared. The biggest problem affecting interest rate cuts is the current rental level. Rent prices have returned to the era of epidemic relief. Rents are expected to continue to rise. The rise in rents is expected to increase inflationary pressure. Although the room for growth is limited, it is still dangerous. Ripple's chief legal officer clarified that the California district judge has dismissed all allegations that Ripple has violated federal securities laws. Ripple may be about to end a long round of bull and bear lawsuits, and Ripple may usher in a relatively strong round of growth space, bottoming out at the weekly level. The ETH ETF S-1 document has come to the last stage, waiting for the SEC's response. This round of responses cannot be guessed whether it can be passed, but it is only a matter of time before the S-1 document is passed. Then ETH has a slight meaning of strengthening compared to BTC, so at this time, the bottom should bet on the bullish trend of ETH, and it is best to wait for the bottom to stabilize.
Daily level market - The daily level is still in a downward trend, and it has entered a short repair period. The upper pressure is around 65,000 and the lower support is around 63,500.
4-hour level market 4-hour level weekend short-term rebound, upper pressure around 65500, lower support around 63500. Intraday level analysis -----The intraday market has a repair market, the upper pressure position is around 65000-64500, the limit is still around 66000, and the lower support position is seen as the previous low around 63500. The downward trend is still not over. Whether it is a weekend repair market or a partial rebound, Bitcoin should not think that there will be any better rebound in the short term, because there is no capital inflow in the large-scale market, so it is still necessary to see a slow outflow of funds. Just get through this difficult moment in the history of encryption safely and stay calm when encountering things.
Crypto market analysis 6.21 Triple Witching Day is coming, US stocks will be liquidated for 5 trillion, crypto crisis? With the arrival of Triple Witching Day in the US stock market every quarter, the volatility of the US stock market has begun to increase, and the currency circle will also be greatly affected. Nvidia will lose more than half of its derivatives driving force. It is highly likely that the US stock AI will start a period of repair after the end of this round, temporarily targeting Nvidia. On Triple Witching Day, the US stock market plunged, and the crypto continued to bottom out weakly. It is highly likely that it will not hold up, and the market will try to bottom out again. In an interview with CNBC on Thursday, Kraken CEO Dave Ripley said that the Biden administration is "softening" its stance on cryptocurrencies. "When people really take the time to understand Bitcoin and cryptocurrencies, there is almost always a positive result," Ripley said in the interview. With NVDA becoming the company with the highest market value in the world, the popularity of related companies in the AI field has further increased. In the field of crypto assets, NEAR and RNDR are both good AI targets with extremely high hype value. NVDA will have a wide and far-reaching impact on various projects and companies in the AI track. The rise of NVDA will reshape the valuation of other companies in the AI track, so it is a big positive for AI-related companies in the crypto field.
Daily level market - The daily level is still in a downward trend, with upper pressure around 65,500, support around 64,000, and a large-level bottom around 63,000.
4-hour level market The 4-hour level rebounded in a short period, and it is still in a bearish trend for the time being, with upper pressure around 66,000, lower support around 64,000, and the extreme support around 63,700 slowly raising the bottom.
Intraday level analysis -----Even if there is a rebound in the intraday market, we should pay attention to the breakthrough near 66,000. If there is no breakthrough, it is mainly short orders. The bottom is stable on Friday near 64,000, but considering that today is a liquidation day for US stocks, it is temporarily short. The best result is to keep it short or not move. The support below is near 64,000. If it falls below, continue to try the previous low. The large-scale downward trend has not stopped. The daily level has a chance to come to 60,000 again. Just get through this difficult moment in the history of encryption safely and stay calm when encountering things.
Crypto market analysis 6.20 From the steam age to electronic information, from CPU to GPU, from gold to Bitcoin, the iteration officially begins HODL15Capital statistics show that there are at least 40 billionaires in the world holding Bitcoin (BTC), and countries are slowly reserving Bitcoin assets for future trade. Bitcoin is digital gold Nvidia's market value exceeds Apple, and AI services imply that mobile phones will replace mobile phones in the future. The mobile phone market is about 500 billion US dollars, and the future AI market is expected to exceed the trillion market value. The future holographic projection presentation brain-computer may also appear. The current AI track is completely in its early stages. In the short term, some whales are still betting on the liquidation price around 60,000. It is expected that the end of the month will be the real betting cycle. From a technical point of view, there is still a chance to go to the extreme betting bottom range around 58,000 this month or next month. The time is long enough to buy goods slowly. In the short term, the weekly bottom around 63,800 is the key support.
Daily level market - Daily level short-term rebound, still in a downward trend, upper pressure around 66000, support around 64500, large-level bottom around 63800.
4-hour level market 4-hour level short-term rebound, temporarily still in a bearish trend, upper pressure around 66000, extreme focus around 66500, lower support around 64500, slowly raising the bottom.
Intraday level analysis -----Intraday market has signs of rebound in the short term, slowly some tokens will begin to show some willingness to buy the bottom, but the large-level bottom has not ended, in the short term, the game can be reversed, the long-term trend is inevitable, can only wait for the bottom to be reached before making a decision again. The bottom of the intraday market has temporarily appeared, you can try to play long orders in the short term, and look at the upper 66500 and 66000 to the lower support around 64500. ----Ethereum is still in a large-scale downward trend, but the small-scale trend is strong, with a bottom near 3500 and an upper pressure near 3580. It will continue to break upward and repair the position around 3600. The rebound in the short term does not mean a reversal, and it still needs to wait in the long term.
In the past two days, ETFs are still in the outflow market, and most funds are still hovering in the AI track. The decline is not expected to stop in the short term, and we can wait for the capital hotspot to come back.
Crypto market analysis 6.19 Crypto trough appears, the duration and position are unknown, please continue to invest Nvidia has become the world's highest market value stock, Nvidia rose more than 3% during the day, with a total market value of 3.33 trillion US dollars, surpassing Microsoft and Apple to become the world's highest market value stock. With the launch of the AI craze, this fierce wave has not yet ended, but the last surge under the wave is about to end. After calming down, the funds in the market will flow into other tracks again. At this time, encryption will officially start. Now encryption is undervalued, extremely undervalued. Bitcoin will usher in large-scale adoption, mainly thanks to Bitcoin ETF, which will provide convenient Bitcoin access to the global banking population and is expected to enable institutions to include Bitcoin in their balance sheets. In the future, Bitcoin will also become a key battleground for strategic material reserves. Now Bitcoin is close to the cost of mining and the cost of ETFs. It is temporarily in a value trough and will wait for the market to recover. By the way, a piece of news, the interest paid by the US federal government is too high and has exceeded military expenditures, so how long can it last? Daily level market - Daily level short-term rebound, still in a downward trend, upper pressure around 66000, support around 65000, large-level bottom around 63800.
4-hour level market 4-hour level short-term rebound, temporarily still in the airdrop trend, upper pressure around 66000, extreme focus around 66500, lower support around 63800.
Intraday level analysis -----Intraday market yesterday's short orders were a bit beyond expectations, this morning there will be some rebounds in the cottage, but Bitcoin still has to focus on the large-level pressure of 66000, the intraday hourly line slowly repairs the market, you can play long orders in the short term, the large cycle has not completely bottomed out, but the oversold rebound is reasonable. Yesterday's ETF inflow was too large, today there will be a certain amount of re-inflow to repair part of the market, but the repair market is likely to appear in the evening, still a large-level decline, and a small-level oversold rebound, spot depression can be bought slowly. Just get through this difficult moment in the history of encryption, and be calm in the face of things.
Crypto Market Analysis 6.18 A bamboo cane and straw sandals are lighter than a horse, who is afraid? A raincoat will protect you from the rain. Speculative hot money is turning to AI-related stocks, which is bad for the crypto market, and the overall crypto market continues to fall. Speculative hot money is turning to AI-related stocks, which is bad for the cryptocurrency market. The current US stock market regards every piece of AI news as good news, and given the resulting FOMO, "cryptocurrency has lost its charm." There is only a certain amount of hot money in the market, and now all of this hot money is invested in the field of artificial intelligence. Until cryptocurrencies can break through some convincing narrative or constructive progress, cryptocurrencies will just trade sideways during this period, waiting for a major market impact. ”
In the last 24 hours, a total of 194,990 people were liquidated, with a total liquidation amount of $486 million. The main liquidation was long orders, and the upper liquidation price continued to be around 66,000 above and around 64,000 below.
Regarding the interest rate cut: Fed official Harker continued to manage expectations, saying that based on his current forecast, he believed that it would be appropriate to cut interest rates once this year, which emphasized the signal that interest rates may remain high.
Daily level market - The last defensive line of the daily level rise is around 63,000-62,000. After yesterday's successful rebound, it continued to fall. The intraday bottom support is around 64,000, and the upper pressure is around 66,500.
4-hour level market There is a small level support near the 4-hour bottom of 64,500, and the upper pressure is around 66,000 and 67,000. The upper and lower liquidation market is still in a downward trend.
Intraday level analysis -----Intraday market Yesterday's short-term game long orders were completed. Intraday longs are more difficult. Just pay attention to the pressure near 66,000 above. Rebound and continue to short. It will take some time to digest the market's decline after the ultimate moment. The expectation of wide range consolidation at the weekly level has not changed.
Don't listen to the sound of leaves being blown through the forest, why not sing and walk slowly. Bamboo sticks and straw sandals are lighter than horses, who is afraid? A raincoat will protect you in the rain. Just get through this difficult moment in the history of encryption safely and stay calm when encountering things.
Crypto market analysis 6.14 It is better to retreat and make a net than to envy the fish in the abyss
The latest quarterly "dot plot" released on Wednesday shows that the median forecast of Fed officials is to cut interest rates once this year, but if the core PCE price index only rises slightly, it may boost the possibility of two interest rate cuts this year and the start of interest rate cuts in September. The market-expected interest rate cut will definitely take place at the end of this year. If the market is favorable, the Fed will begin to regulate expectations and say bad news. If the market begins to panic, the Fed will release good information. So we should understand the real logic of the general situation. It has been fluctuating up and down in a large cycle. Then there is no need to worry about holding the spot. You once envied the chips in 23 years for this year's outbreak and the growth of funds several times, but you didn't know that the other party also hesitated in the dead silence of 23 years. Instead of envy the fish in the abyss, it is better to plant the seeds for next year now.
Daily level market - The daily level comes to the large-level position support. After breaking through, pay attention to the support around 64,500, correct the decline expectations and no capital fluctuations.
4-hour level market The 4-hour level rebound ended and continued to bottom out. There is support near 65800, and the upper pressure is near 68500. Pay attention to the support position breaking or continuing to rebound.
Intraday level analysis -----In this round of time period, it is not recommended to hold contract orders for a long time. The exchange has a strong control and is mainly responsible for clearing positions. The recent bottom is near 66000. After breaking, it will accelerate the decline and bottom out. However, most of the funds are now dominated by ETFs, so the market will continue to be affected by the news and the involvement of US stocks. For the time being, the key support position has a very low stop loss attempt, and the remaining chips are mainly waiting, and learn to delay satisfaction.
The market has changed very quickly recently. If you want to adjust your position or don’t understand the trend, you are welcome to communicate and learn.
Crypto market analysis 6.12 Short positions completed settlement, some spot goods are expected to rebound The bottom support of the daily level temporarily appears near 66,000, and the position near 66,000--65,000 estimated in the early trading of early June has also been reached. The most important thing on Wednesday is the CPI in the evening and the interest rate decision in the early morning of Thursday and Powell's speech. In fact, the negative news released in this round has landed, and market expectations have been partially regulated. The recent rebound should appear. Of course, the spot in June will still not have a good space for you and me, and the time period will be longer. The probability of interest rate suspension in this round is more than 90%. The data is originally open to the Federal Reserve. In fact, the unemployment benefits and other real estate transaction data released weekly also show that the market may be unable to support it, but the Federal Reserve needs to manage expectations, so it is expected to take a long time before the real interest rate cut and funds officially enter the market. And with the start of interest rate cuts and the arrival of a real bull market, the time node may be extended again.
Daily level market - The daily level is still a large-scale bullish trend, and the small level is repaired. The bottom appears near 66300-65800. If it does not fall below the intraday news, it will slowly repair the market.
4-hour level market A rebound occurred at the 4-hour level, and it came to the key support near the bottom of 65800 again. The upper pressure is near 69000 and 68500.
Intraday level analysis -----The first round of rebound occurred during the day, and the bottom appeared in the short term. The upper pressure is near 67700, 68500 and 69500. Multiple pressures will see whether it will rebound during the day. As for where, or choose to build the bottom during the day. Some short positions have been settled. Now all fluctuations are driven by derivatives. At the key time nodes, some shorts will trigger emotions and lower the chips to choose to ship. For the time being, the short positions have not been fully exited. If there is a rebound in the short term, it can be regarded as a partial exit rebound. The spot position can be slowly entered at the appropriate position. It will not return to V immediately, and some time can be given.
The market has been changing rapidly recently. If you want to adjust your positions or don’t understand the trends, you are welcome to communicate and learn.
Crypto market analysis 6.09 Continued big recovery, pay attention to the key impact next week The weekend is still in the recovery market. Bitcoin can still be seen as a successful bottom in the short term if it stabilizes near 68,500. After breaking, it will continue to be dominated by downward movement. In the short term, the market will continue to be controlled by news. Next Wednesday, focus on the release of CPI and the interest rate decision on Thursday morning. There is still a high probability of a halt, but Powell's speech will continue to regulate market expectations. Just pay attention to whether 68,500 falls below. After breaking, it will start to accelerate. The recent news has too much impact, which may lead to large inflows or outflows of ETFs in the short term, affecting the trend of the market. In the case of unstable market, very few copycat dealers will pull the market against the trend. At this time, wait for a few days and slowly buy the spot at a low level.
Daily level market - The daily level is still a large-scale bullish trend, with a key position near 68,500-68,000. After breaking and stabilizing, the bullish trend will reverse, and the upper pressure position is near 70,000. 4-hour level market The 4-hour level is falling, with the bottom key support position near 68000, the upper pressure near 69500 and the key pressure near 70200.
Intraday level analysis -----The intraday level is still falling, with the upper pressure near 69500 and 70000. You can consider shallow shorting at this position, but it is not recommended to buy contracts on weekends, with small fluctuations, or it is not recommended to buy contracts in the past two days, which is easy to be resolved by news. The area around 68500-68000 is a large-scale support. You can try to enter the market with long positions at this position, but you can leave after breaking it. This key position at the bottom of the market is to prepare for the restart of derivatives on Monday. The specific situation depends on the trend on Monday and the closing of the weekly line.
The market has changed very quickly recently. If you want to adjust your position or don’t understand the trend, you are welcome to communicate and learn.
When everyone is excited, our algorithm push gives us a calm reminder to reduce the spot position. The drawdown is much lighter when the position is reduced, and the spot remains in a state of neither full position nor empty position.
Crypto market analysis 6.08 The news has too much impact, wait for repair over the weekend Morgan Stanley will delay the timeline of the first interest rate cut to November. The overall sentiment has been severely frustrated. The probability of no cut in June is still very high. Because of the interest rate cuts in several other regions, everyone has raised the Fed's interest rate cut expectations, but this round of news has directly led to another setback in market confidence. It is expected that the market will be repaired after a period of time over the weekend. In the long run, the decline at this time will slowly give opportunities to appear. The real influence on the market in this round has become ETF. Pay attention to the inflow and outflow of ETF at any time, and slowly push up the price, but this round of decline has not caused any major impact. Spot continues to buy and absorb funds. It is expected that the long and short will continue to play on the 14th. Wait at ease at this time.
Daily level market - The daily level is a breakthrough upward trend. The 68500 position is the overall upward channel support. Pay attention to the defense of this position. The upper pressure is shifted to around 70300, the bottom support is around 68500, and the middle track strength and weakness line is around 69500.
4-hour level market The trend reversed after the 4-hour level pin, and the retracement to the upper 71200 is a heavy pressure. The 70000 is regarded as the middle track pressure. If the 4-hour price continues to fall, it may find support near 66800-66000. There is no need to rush step by step.
Intraday level analysis -----Bitcoin began to fall during the day. Don’t look at the volatility of the big cake on weekends. After all, all factors affecting the market will rest on weekends. The dealer is not a cow or a horse, but you and I are cows and horses. The upper pressure of the intraday level is around 69800-70000. For the time being, we will see the market repair for two days on the weekend. If Bitcoin does not fall below 68500, it can still continue to see the battle above 70,000 after the weekend repair. If 68500 falls below, the support will come to around 67500. There are too many market news influences. In the big cycle, buy slowly and wait slowly. The overall situation is in a wide range of fluctuations. If it comes to around 62000 again, just wait for the bottom to continue.
The market has been changing rapidly recently. If you want to adjust your positions or don’t understand the trends, you are welcome to communicate and learn.
Crypto market analysis 6.07 The risk of Asian exchange market crash is high, wait until the evening According to CME "Fed Watch": The probability of the Fed keeping interest rates unchanged in June is 97.6%, and the probability of a 25 basis point rate cut is 2.4%. The probability of the Fed keeping interest rates unchanged by August is 78.5%, the probability of a cumulative rate cut of 25 basis points is 21.1%, and the probability of a cumulative rate cut of 50 basis points is 0.5%. The intraday divergence between long and short Bitcoin is relatively large, and the background derivatives push the price position to around 70100, so the competition for thousands of points around 71000 will be particularly obvious. The stable bulls at the daily level can wait for the decline to around 70100 to see the situation. Friday's Asian session is destined not to make it particularly easy for bulls, and the main target of bulls is the defense around 69800. The unemployment rate will be announced at 8:30 p.m., with a previous value of 3.9% and a forecast value of 3.9%. If the unemployment rate exceeds expectations and is higher than 3.9%, the market will directly usher in a wave of news pull-ups due to the expectation of a rate cut. As long as it is not lower than 3.9%, the market is still in an upward trend.
Daily level market - The daily level is a breakthrough upward trend, with the upper middle rail pressure near 71000 and the upper rail pressure near 71300. The most important pressure is the previous high near 71900, and the bottom support is near 70500. The daily level market is narrowly converging and changing. 4-hour level market The 4-hour level is upward, with the upper key pressure near 71700-71400, and the lower large support position near 70100.
Intraday level analysis -----Bitcoin is mainly biased towards gains during the day, but Bitcoin is changing at the hourly level, with the bottom near 70500. If it does not fall below, it will continue to see a slow increase and continue to rush to the previous high position. The bottom falls below the support level and is viewed step by step, which are around 70100 and 69800 respectively. The Asian market during the day is destined to be unpleasant. It is recommended not to move Bitcoin during the day, or consider entering the long position around 70100. The position around 70500 is also good, but there are risks after all. The exchanges in the Asian market are ruthless. It is also possible to consider ambush the cottage after the unemployment rate comes out at night. There are too many positive factors recently. I don’t know how to start. At least the trend is still there. Many tokens will rise. Ambush first and then see the situation. Safety first.
The market has changed rapidly recently. If you want to adjust your position or don’t understand the trend, you are welcome to communicate and learn.
Crypto market analysis 6.1 PCE had another positive event after April. The strongest inflation index reached its lowest level in three years. After the data was released, the three major U.S. stock index futures rose in the short term, and U.S. bond yields dropped significantly. Pricing in the interest rate swap market remains stable, with at least one rate cut by the Federal Reserve expected in 2024. However, the Federal Reserve is still lowering everyone's expectations. The probability of suspending interest rates in June is 100%. The market will still fluctuate at a large level without the arrival of funds. Just slowly eat up chips within this fluctuating timeline. .
Daily level market - The daily level is still a weak downward trend. The daily large level has been fluctuating. After the capital inflow, it slowly needs to build a bottom. At the bottom, just focus on the large levels 66600, 66200 and 65200.
4 hours level market The 4-hour level is repaired in the short term and is still volatile. The upper pressure is around 69,000, the lower support is around 66,600, and the latest pressure is around 68,000.
Intraday level analysis -----Everything is normal with Bitcoin. The bottom appears quickly after the chips are settled on Friday. Wait for the repair market and the push of derivatives chips after the weekend over the weekend. If there is no funds coming in, just focus on the derivatives chips. Bitcoin has seen a bottom in the short term, with the recent support around 67200, the key support at the bottom around 66600, and the upper pressure around 68000. It is not recommended to bet on the big pie, as the weekend space is limited. Bitcoin has confirmed that the bottom has appeared in two days and profit-taking has left the market in May. Then in June, the copycats will continue to watch for funds to enter the market. Buy some chips, Ah Chuang! The market has been changing rapidly recently. If you want to adjust your positions or don't understand the trend, you are welcome to communicate and learn.
Crypto market analysis (5.27) The SEC has approved several Ethereum ETF 19b-4 spot trading applications, and as the sentiment of S-1 slowly spreads, the large-scale cottage season has not arrived, and the cottage season needs time to settle. In the near future, pay attention to the long and short liquidation near the key 71,000 at the end of the month. In the short term, Bitcoin will still mainly advance upward. On the weekly level, Bitcoin has first been supported by the middle track. What remains is to slowly wait for Ethereum to rise again to around 4,000 and the sentiment of some cottages to make up for the rise. It is expected that the volatility in the second quarter will slowly decrease, and the reduction in volatility in the second quarter is also the best time to enter the market. Slow fixed investment is the main method. In the future, continue to watch the approaching US election, and volatility will begin to increase again.
Daily level market - The daily level decline trend is slowly repairing, the upper pressure is around 70,000, the bottom support is around 66,700, and it has not been broken. The middle track support around 68,500 has also been there. Pay attention to the support around 66,700 at the bottom.
4-hour level market The 4-hour level is mainly bullish in the short term, and the market is rising slowly. Pay attention to the breakthrough of the upper pressure. The 4-hour pressure position is near 69500 and 70300, and the bottom support is near 68500 and 67700.
Intraday level analysis -----Bitcoin's weekly line is mainly biased towards gains. The support near the bottom of 68500 has appeared. The upper small-level pressure is focused on near 69500 and 70200. The intraday bias is mainly bullish. Wait for the direction of Bitcoin during the day. When the bottom appears, wait for the bottom to test the mood. Ethereum is concerned about another charge in the near future. After holding the bottom near 3750-3800, the target is the settlement price near 4000 on May 31. In the near future, you can pay attention to the increase of the cottage when the Ethereum charge is approaching, but don't rush to wait for the general trend in the morning during the day. Wait for the trend to come out on Monday. If the bottom has appeared, just wait for another test of the bottom. Continue to pay attention to the fan token sector on June 15. CHZ will come again soon. With the increase of Ethereum and TVL, ENA is undervalued. The market has changed rapidly recently. If you want to adjust your position or don’t understand the trend, you are welcome to communicate and learn.
Crypto market analysis (5.26) Overall market speculation: 1. Current status: Bitcoin is oscillating, with upper pressure around 70,200 and lower support around 67,500. 2. Future expectations: A short-term correction is established, and there is still a chance to hit around 71,000 at the end of May. It depends on the support situation. 3. Key points: Some altcoins rose extremely wildly on Saturday. When the market did not have much emotional speculation for the time being, altcoins began to pull the market. Subjectively, I do not think the market has returned. Just pay attention to other DEFI tracks or other altcoins that continue to make up for the rise. In the short term, Bitcoin looks at the lower support within the correction and oscillation range. 4. Important news: According to HODL15Capital monitoring, only 450 BTC are mined every day, and the US spot Bitcoin ETF purchases at least 1,000 coins every day. Eventually, short-term traders will run out of tokens. As time goes by, the cost of ETF chips will slowly rise to above US$60,000 per coin. NEAR Protocol has issued more than 200 million USDC natively, and with the surge of the RWA track and the demand for stablecoins, the future bull market may come from the stablecoin leverage of various public chains.
Daily level market - The daily level is in a downward trend, with the upper key pressure position near 70,200 and the lower key support near 66,600. If it does not fall below, it will continue to fluctuate and rebound.
4-hour level market The 4-hour level is in a short-term shock repair, and is now in a strong consolidation. The upper pressure is near 70,200, the lower key support is near 67,500, and the recent support is near 68,500.
Intraday level analysis -----Bitcoin is viewed as a volatile market during the day, and it is being repaired, but it has always tended to be strong. If it does not break through near 70,200 again during the day, the subsequent market falls back to the support near 68,500 or 67,500, and you can choose to enter the long position. If it does not fall below 66,000, the large level is still a weekly upward trend. Next week's market will wait for the closing of the weekly line to see whether it will continue to charge or fluctuate. The weekend is the last day for the repair of the cottage, and you may eat the tail. You don’t have to chase some that have already soared. It’s okay to chase a relatively good short-term behavior. The risk will increase slightly on Sunday. Just pay attention to set a stop loss. The cottage is more bullish. The market has changed rapidly recently. If you want to adjust your position or don’t understand the trend, you are welcome to communicate and learn.
5.25 Bitcoin is in the process of shock repair, and the probability of hitting 71,000 on May 31st is increasing. This round of market is not over yet. It is expected that there will be another game above 71,000 on May 31st. The bottom of the overall market is temporarily supported by ETFs and North American miners. If the weekly level reaches 60,000 again, it may continue to be an opportunity to get on board. Pay attention to whether macro news will suppress it again in June. With the increase in network participation, SOL plans to release the full version of the Firedancer upgrade in 2025, which focuses on DePIN, the decentralized physical infrastructure network, which refers to the use of blockchain to manage and operate physical infrastructure systems. SOL can also be considered the emergence of the second Ethereum. What happened on Ethereum before will happen again on SOL, so the ecological layout of SOL must also be gradually carried out before 2025. Daily level market - The daily level is still in a downward trend, but the weekend is mainly repaired and oscillated. The upper pressure is around 69,300 and the lower support is around 67,800. After breaking, look at the support around 66,600 again. 4-hour level market In the short-term oversold rebound at the 4-hour level, the bottom support near 68,000 is the key position, and the upper 69,300 and 70,000 are pressure.
Intraday level analysis -----Bitcoin is regarded as a volatile market during the day. During the repair, the hourly level is mainly biased towards gains at that time. The bottom support is near 68,000. After breaking through, the 67,300 area is regarded as a small-level support. The upper pressure is near 69,300 and 70,000. Bitcoin fluctuates during the day, and the upper 70,300--67,300--66,300 is the main consolidation. The weekly line does not fall below 66,300 and is still biased towards a strong weekly line. The weekend should be the time when most cottages are repaired. Ethereum profit-taking is slowly leaving the market. The pattern must not be too long. SOL and other cottages are also good targets. The market has changed rapidly recently. If you want to adjust your position or don’t understand the trend, you are welcome to communicate and learn.