Cryptocurrency Market Perspective
A Brief Share
At this stage, the consensus on Bitcoin (BTC) has completed the journey from 50,000 to 120,000 USD.
The weekly MACD has diverged, indicating a selling pattern from the technical traders.
The monthly trend may show a gradual rise, with new highs occurring on low volumes or high-level adjustments, thus lacking good trading opportunities.
Therefore, some say it's a tail-end rally, while others say it's an institutional bull market.
The overall market is already showing divergence; significant trends showing divergence mean there won't be good opportunities or profit effects.
Traders and investors should prioritize not losing money, with profit as a secondary goal.
Good hunters always wait patiently.
Waiting for Ethereum's independent trend.
If Ethereum has the opportunity to stabilize at 4,000 and then surge to 8,000 to 10,000 later,
there will still be opportunities.
For now, we need to wait for the trend to clarify a bit more.
Currently, entering the market should be just a small trial; it's uncertain where the price will stabilize after retracing. We need to watch the subsequent market performance.
If a good direction stabilizes, there’s a higher chance it will be accompanied by a long-awaited altcoin season.
If a deep retracement occurs,
altcoins may be further away.
This is my personal take on Ethereum at the moment.
Whether bullish, looking for a pullback, or bearish,
I wish everyone a clear mindset
and a trading plan.
Lastly, I wish everyone a prosperous August and smooth sailing in all endeavors.
#上市公司加密储备战略
A Brief Share
At this stage, the consensus on Bitcoin (BTC) has completed the journey from 50,000 to 120,000 USD.
The weekly MACD has diverged, indicating a selling pattern from the technical traders.
The monthly trend may show a gradual rise, with new highs occurring on low volumes or high-level adjustments, thus lacking good trading opportunities.
Therefore, some say it's a tail-end rally, while others say it's an institutional bull market.
The overall market is already showing divergence; significant trends showing divergence mean there won't be good opportunities or profit effects.
Traders and investors should prioritize not losing money, with profit as a secondary goal.
Good hunters always wait patiently.
Waiting for Ethereum's independent trend.
If Ethereum has the opportunity to stabilize at 4,000 and then surge to 8,000 to 10,000 later,
there will still be opportunities.
For now, we need to wait for the trend to clarify a bit more.
Currently, entering the market should be just a small trial; it's uncertain where the price will stabilize after retracing. We need to watch the subsequent market performance.
If a good direction stabilizes, there’s a higher chance it will be accompanied by a long-awaited altcoin season.
If a deep retracement occurs,
altcoins may be further away.
This is my personal take on Ethereum at the moment.
Whether bullish, looking for a pullback, or bearish,
I wish everyone a clear mindset
and a trading plan.
Lastly, I wish everyone a prosperous August and smooth sailing in all endeavors.
#上市公司加密储备战略