BTC looks like it’s about to start testing the upper trendline again. The price target is around 65k. Once it breaks through, the uptrend will start again. If you don’t have any long positions, hop on quickly!
The ETH market is also in a triangular pattern. In the short term, the price has been oscillating back and forth around the support level without breaking below it. It is now starting to rebound, so watch whether it can break through the upper trendline. Once it breaks out, the price should begin to accelerate upward—so hold long positions.
Btc current price is still near support. At the moment, it hasn’t broken below support, so hold the line and continue to look for upside. Also, if you didn’t get on the long position earlier, the current price around 63.4k can go in now directly. I’ve been holding long positions in the 62.6–64k range for quite a while. As long as price is within this range, boldly enter long positions.
The ETH form is still operating within the triangle. The price has been testing up and down; for now, no clear direction has been given yet. However, after the price touched support in the short term, it then tightened again. So, simply looking at the candlestick chart, the tightening suggests that the buy-side is relatively strong—this is also a bullish signal. Therefore, it’s evident that, after support holds, the probability of an upward breakout is higher.
The price has been gradually ranging at the end of the move, and a turning point is getting closer. Normally, on CPI day it should complete the selection of a turning direction, but it only surged upward briefly and was then pushed back down. So continue to watch around the support area. As long as it doesn’t break down, the outlook remains bullish. At the moment, I’m still holding long positions in the 1845–1880 range, and they’re near the entry price.
Also, from the indicators: on the 4H timeframe, the indicators have been oscillating with very subdued volume and little change. On the daily timeframe, it’s still in a dead cross, though it is about to be digested. So a breakout could happen at any time. Although everything outside looks bearish, this time I’m bullish and betting on a breakout.
Btc4h has caught such a long needle-level move. You can understand it as a signal that the downtrend is stabilizing, so in the short term it should temporarily stop falling. Right now I still hold a long position of 62,600 (w). Many other friends also entered long positions at around 64,000. After this small pullback ends, the next wave of upside should begin and will start breaking through. The real major行情 is about to come.
SanDisk’s rebound is quite strong this wave, but in terms of the pattern, after the price broke out of the downward channel, it began to accelerate into the rebound. Here we’ve already seen a potential bottoming signal. For now, it’s in the rebound phase, and volatility is also pretty high. Wait for a pullback to look for an opportunity to enter a batch of long positions. On the daily chart, the current candle is a big bullish candle, which suggests this wave hasn’t finished yet. Wait for a further pullback and then decide whether to enter based on the situation!
One, after waking up, is it still this BTC price? When the US stock market drops, it follows; when the US stock market rises, it doesn't follow. Really fucking trash. Even the volatility isn't as big as the US stock market's, but the long positions are still being held for now—I’m about to puke.
The ETH trend is holding up quite strongly. Those who entered long positions around 1845 still have profit, while those who entered around 1880 are near their entry price. The pattern is still forming a triangle; the price is approaching the end of the triangle. A breakout or reversal could happen at any time. As long as support is not broken, the probability of an upward breakout remains high, and long positions can continue to be held.
After sleeping and waking up, there hasn’t been much movement—fluctuations are around a thousand points. Currently, the long positions around 62.6k are still in profit. The ones entered around 64k yesterday are temporarily underwater, but only by a small loss. Right now, the price is still near support; as long as it doesn’t break below support, the bias is still bullish, so you can continue holding the long positions.
Btc’s small-timeframe support strength is still very good. After the price touched it, it didn’t break down, and then it started to rebound again. It will continue testing the resistance line around 68,000. Long positions can wait for a big win—let’s see. The CPI data at 8:30 tonight is expected to be in line with expectations and should be favorable, so stay tuned.
The ETH overall is still maintaining a choppy, oscillating market. However, in terms of pattern evolution, a triangle pattern has emerged. This is a converging triangle. The current price is gradually approaching the end of the pattern, and with the CPI data tonight, the breakout could happen tonight.
Judging from the near-term timeframe, the overall consolidation range can be understood as an upward continuation pattern. If it were going to drop, then when the wedge appeared earlier, it would have already fallen below. Also, the indicators have not broken down despite divergence—clearly, after this consolidation is completed, it is highly likely that there will be another attempt to break upward. At minimum, it should at least test above the 2k level. Including the current triangle pattern, personally I think the probability of a breakout is quite high.
Currently, hold long positions in the 1845–1880 range firmly. Hold with conviction and wait for a round of accelerated upward movement.
Long positions can continue to be held. If you haven’t boarded yet, you can enter a long position directly at the current price of 63.8k. In the short term, the price pulled back, just touched support nearby, and then stitching occurred again. So it’s very likely that the down move will stop and a rebound will follow. We will continue to look for further upside.
Btc’s 5-day rise—how did it come back from a single bearish day? I don’t know how much more it might fall. Turns out it already dropped a thousand points. But as of now, it still looks more likely to continue rising and test the resistance line near 65,000. If it were going to drop, it probably would have already jumped down directly the day before yesterday. Clearly, there’s a stronger suspicion of this being a bull trap/stop-hunt. A small-timeframe probe spike could just get pulled back again, so I’ll keep watching for a rise!
Btc has been holding a long position around 62.6k, and eth has been holding a long position around 1,845. If you’ve already taken profit, you can directly open a long around 64k at the current price. For eth, directly open a long around 1,880. I’m still firmly bullish—go go go!
ETH is also bullish. In the short term, the price keeps choppy fluctuations—moving like a chart for memecoins—but even when it shows divergence, the price hasn't actually fallen. Just grind a bit more and it should reach the vicinity of the previous high. So I’m still holding the long position around 1845, waiting for a breakout to 2k!
There’s not much analysis to be done for BTC. Basically, the overall price has been mostly range-bound and fluctuating, but it’s been steadily moving upward. And since what should drop doesn’t drop, it needs to rise. So right now I’m already holding a long position for about a week, and quite a few friends are holding firmly as well. This wave must capture a big move—just waiting for takeoff!
If you don't look at the price, you wouldn't know this is the BTC trend. This line is moving like a shitcoin’s chart. It’s been bouncing around up and down here for days. The long position at 62.6k has been held for a week.