加密圈老韭菜
公众号：龙龙说B圈，八年交易经验，中短线狙击手。
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Accurate prediction, did everyone make a profit from this wave last night?
Bitcoin has fallen to the support near 87300, with the support level and how to operate next. Currently, BTC near 90500 remains an important resistance level, and the support is still valid. The sideways fluctuation is still in a weak market.
Ethereum market, this wave of decline has also hit the support level, and the decline has not finished yet, still maintaining a short position. Make sure to set stop losses.
Currently, the ETH market is near the zero axis below the 2-hour MACD, needing a pullback, and the only support rebound level available is at the daily level. The main short position is still at
upper resistance 2960 breaking to look at important resistance near 3000
lower support levels 2930-2890-2860 breaking to look at 2770-2720-2620
BTC: resistance levels 89500-89960-90400
lower support: 88530-87800-87200 breaking to look at 84400-80600
Ethereum market, this wave of decline has also hit the support level, and the decline has not finished yet, still maintaining a short position. Make sure to set stop losses.
Currently, the ETH market is near the zero axis below the 2-hour MACD, needing a pullback, and the only support rebound level available is at the daily level. The main short position is still at
upper resistance 2960 breaking to look at important resistance near 3000
lower support levels 2930-2890-2860 breaking to look at 2770-2720-2620
BTC: resistance levels 89500-89960-90400
lower support: 88530-87800-87200 breaking to look at 84400-80600
In terms of market performance, after the resolution, Bitcoin has been trading sideways in the range of $89,500 to $90,000, with no significant pullback observed. The technical momentum is weak, with short-term support at $89,500 and resistance at $92,000 to $94,000.
Subsequently, attention should be focused on Japan's inflation data, the interest rate differential between Japan and the US, and the strength of institutional capital. High inflation may trigger interest rate hikes, leading to selling pressure. From an investment perspective, Bitcoin is likely to experience short-term fluctuations and consolidation; key price level breakthroughs should be monitored. Additionally, position management is crucial, and caution should be exercised regarding policy shift risks; long-term prices will still be dominated by fundamentals, global liquidity, and regulatory policies, with Japan's interest rates being a secondary influencing factor.
BTC's weekly candlestick shows a large bullish candle, but the upper shadow is too long and is being suppressed near the middle track, falling back to the lower track around 87,000. Currently, 98,000 is strong resistance, and if it falls below 88,000 again, a new round of decline to around 80,000 will begin. If 88,000 holds, it may again touch around 95,000.
ETH's weekly closing is not optimistic, as it has not broken through 3,500, and after being suppressed at 3,400, it has fallen back to around 2,800. Currently, there is support at the daily lower track, and if it stabilizes at 3,050, it may again surge to around 3,200. If the momentum is strong, it may reach around 3,500 next week.
Looking for like-minded friends to discuss.
Subsequently, attention should be focused on Japan's inflation data, the interest rate differential between Japan and the US, and the strength of institutional capital. High inflation may trigger interest rate hikes, leading to selling pressure. From an investment perspective, Bitcoin is likely to experience short-term fluctuations and consolidation; key price level breakthroughs should be monitored. Additionally, position management is crucial, and caution should be exercised regarding policy shift risks; long-term prices will still be dominated by fundamentals, global liquidity, and regulatory policies, with Japan's interest rates being a secondary influencing factor.
BTC's weekly candlestick shows a large bullish candle, but the upper shadow is too long and is being suppressed near the middle track, falling back to the lower track around 87,000. Currently, 98,000 is strong resistance, and if it falls below 88,000 again, a new round of decline to around 80,000 will begin. If 88,000 holds, it may again touch around 95,000.
ETH's weekly closing is not optimistic, as it has not broken through 3,500, and after being suppressed at 3,400, it has fallen back to around 2,800. Currently, there is support at the daily lower track, and if it stabilizes at 3,050, it may again surge to around 3,200. If the momentum is strong, it may reach around 3,500 next week.
Looking for like-minded friends to discuss.
Market Analysis:
[1. Market Analysis]
The current price of ETH is approximately $2960, within a consolidation range. Short-term support is at $2940-$2950, key support is at $2890, and short-term resistance is at $3020, with a range of $2880-$3050; looking at multiple timeframes, the 4-hour chart has stabilized, the 12-hour mid-line has not broken, indicating a solid bullish foundation, and the daily mid-line is resistance that needs to be broken.
[2. Trading Suggestions]
Currently, it is advisable to use a buy-on-dips strategy, with prices retracing to around $2940-$2950 and the 4-hour candlestick stabilizing, allowing for light long positions. Set a stop-loss at $2925 and aim for an initial target of $3000-$3020, with additional buying if it breaks through to $3050; if it drops below $2880, set a stop-loss and reduce positions near $3020; anticipate false breakouts in a consolidation phase, and reduce positions or tighten stop-loss over the weekend.
[3. Key Levels]
For bulls, short-term support is at $2940-$2950, and if effectively held, light long positions can be attempted, with important support at $2890; if it breaks below, bulls should be cautious of a trend reversal. For bears, the risk reference point is $2880; if it breaks below, the bearish trend confirmation requires strict stop-loss, and the short-term resistance reference point is $3020; if the price breaks above, the bullish target can be moved up to around $3050.
[1. Market Analysis]
The current price of ETH is approximately $2960, within a consolidation range. Short-term support is at $2940-$2950, key support is at $2890, and short-term resistance is at $3020, with a range of $2880-$3050; looking at multiple timeframes, the 4-hour chart has stabilized, the 12-hour mid-line has not broken, indicating a solid bullish foundation, and the daily mid-line is resistance that needs to be broken.
[2. Trading Suggestions]
Currently, it is advisable to use a buy-on-dips strategy, with prices retracing to around $2940-$2950 and the 4-hour candlestick stabilizing, allowing for light long positions. Set a stop-loss at $2925 and aim for an initial target of $3000-$3020, with additional buying if it breaks through to $3050; if it drops below $2880, set a stop-loss and reduce positions near $3020; anticipate false breakouts in a consolidation phase, and reduce positions or tighten stop-loss over the weekend.
[3. Key Levels]
For bulls, short-term support is at $2940-$2950, and if effectively held, light long positions can be attempted, with important support at $2890; if it breaks below, bulls should be cautious of a trend reversal. For bears, the risk reference point is $2880; if it breaks below, the bearish trend confirmation requires strict stop-loss, and the short-term resistance reference point is $3020; if the price breaks above, the bullish target can be moved up to around $3050.
Don't underestimate the operation of rebates; little by little, it adds up!
If you don't do rebates, all the fees will go to the exchange, while you only need to spend 10 minutes to find me to get a rebate, and you can save enough for a car in a year.
If you don't do rebates, all the fees will go to the exchange, while you only need to spend 10 minutes to find me to get a rebate, and you can save enough for a car in a year.
A software that replaces all your efforts, whether it's a rise or fall, is clear at a glance
How to be bullish and bearish
In the cryptocurrency world, knowing how to judge the ups and downs of the market is the key for investors to achieve profitability. The cryptocurrency market is highly volatile and fluctuates unpredictably, so mastering some basic analysis skills can help investors make better decisions during trading. This article will explore how to judge the ups and downs of the cryptocurrency world from three aspects: technical analysis, fundamental analysis, and market sentiment.
1. Technical analysis: candlestick charts and indicators
Technical analysis is one of the most commonly used forecasting tools in the cryptocurrency world. It uses charts and indicators of historical price data to determine future price trends. Among them, K-line charts and technical indicators are the core tools.
1. Technical analysis: candlestick charts and indicators
Technical analysis is one of the most commonly used forecasting tools in the cryptocurrency world. It uses charts and indicators of historical price data to determine future price trends. Among them, K-line charts and technical indicators are the core tools.
The difference between manual trading and quantitative software trading in the cryptocurrency circle: the advantages of quantitative software
In cryptocurrency trading, investors are faced with two main trading methods: manual trading and automated trading using quantitative software. As the market continues to develop, quantitative software has become the first choice for more and more investors due to its multiple advantages such as high efficiency, data-driven, and emotional neutrality. The following will compare these two trading methods in detail and highlight the advantages of quantitative software in the cryptocurrency world.
1. Transaction execution efficiency
Manual Trading:
Manual trading relies on personal judgment of the market and real-time operations. Although investors can respond flexibly based on personal experience or market analysis, when the market fluctuates violently, the speed of manual operations often cannot keep up with market changes. Especially in the face of the rapidly rising and falling cryptocurrency market, manual trading may miss the best buying and selling points, resulting in reduced profits or increased losses.
1. Transaction execution efficiency
Manual Trading:
Manual trading relies on personal judgment of the market and real-time operations. Although investors can respond flexibly based on personal experience or market analysis, when the market fluctuates violently, the speed of manual operations often cannot keep up with market changes. Especially in the face of the rapidly rising and falling cryptocurrency market, manual trading may miss the best buying and selling points, resulting in reduced profits or increased losses.
Advantages of Quantitative Software in Cryptocurrency Circle
As the cryptocurrency market continues to prosper, more and more investors are looking for efficient and intelligent trading tools, and quantitative software is one of the key tools to meet this demand. In the cryptocurrency market, volatility is extremely high, trading sessions are non-stop, and global markets operate around the clock, making it difficult for traditional manual trading to keep up with the market rhythm. Quantitative software has become a tool for many investors to increase their returns through functions such as automated trading, data analysis, and efficient execution. The following will discuss in detail the main advantages of quantitative software in the cryptocurrency circle.
How do ordinary people play contracts?
Contract trading is a very popular way to trade in the cryptocurrency market, which allows investors to use leverage, go long or short to amplify potential gains. However, contract trading is risky, and it is important for novices to master some key skills and strategies. The following is an article about contract trading skills in the cryptocurrency market to help you be more calm and increase your winning rate when trading contracts.
What is contract trading?
Contract trading refers to trading through buying and selling contracts instead of actual cryptocurrencies. Traders can choose to go long or short to profit from market price fluctuations. Compared with spot trading, the characteristics of contract trading are:
What is contract trading?
Contract trading refers to trading through buying and selling contracts instead of actual cryptocurrencies. Traders can choose to go long or short to profit from market price fluctuations. Compared with spot trading, the characteristics of contract trading are:
100x Coin in the Cryptocurrency Circle
In the cryptocurrency world, the story of the "100x coin" has always been a dream scenario that attracts countless investors. This kind of story tells that investors buy a certain cryptocurrency at a low price and make hundreds of times or more profit after its price soars. The legend of the 100x coin makes many people full of longing for the virtual currency market, but it is also accompanied by high risks and great uncertainty.
1. The 100-fold story of early Bitcoin investors
Bitcoin is one of the typical representatives of the 100x coin story. Early Bitcoin investors, whether they are technology enthusiasts or investors who are confident in the future of cryptocurrency, have the potential to obtain 100x or even 1,000x returns by holding (HODL) for a long time.
1. The 100-fold story of early Bitcoin investors
Bitcoin is one of the typical representatives of the 100x coin story. Early Bitcoin investors, whether they are technology enthusiasts or investors who are confident in the future of cryptocurrency, have the potential to obtain 100x or even 1,000x returns by holding (HODL) for a long time.
Exchange rebate analysis
Come and see the major transaction rebates and dd handling fee rebates
There are still many people who don’t know the profit of rebates. Let me explain it to you.
For example, if you open 50,000 U at 20 times, you open half a position each time, the transaction amount is about 500,000 U, the handling fee is 250 U, and the closing fee is also 250 U. Calculated based on opening three times a day, the daily handling fee is 500*3=1500 U, 45,000 U a month, and about 540,000 U a year.
There are still many people who don’t know the profit of rebates. Let me explain it to you.
For example, if you open 50,000 U at 20 times, you open half a position each time, the transaction amount is about 500,000 U, the handling fee is 250 U, and the closing fee is also 250 U. Calculated based on opening three times a day, the daily handling fee is 500*3=1500 U, 45,000 U a month, and about 540,000 U a year.
The Origin and Advantages of Sesame Exchange
1. Origin
ZhiMa Exchange was founded in 2019 and is committed to providing safe and convenient digital asset trading services to users around the world. Its founding team consists of a group of professionals with experience in finance, technology and blockchain, aiming to promote the popularization of digital currencies and the development of blockchain technology.
The background of the creation of Zhima Exchange stems from the rapid development of the global digital currency market. With the rise of mainstream digital assets such as Bitcoin and Ethereum, more and more investors have shown great interest in digital currencies. However, there are still many problems in the market, such as insufficient exchange security, poor user experience, and uneven service quality. Therefore, the goal of Zhima Exchange is to solve these problems and provide users with a safe, efficient and friendly trading environment.
ZhiMa Exchange was founded in 2019 and is committed to providing safe and convenient digital asset trading services to users around the world. Its founding team consists of a group of professionals with experience in finance, technology and blockchain, aiming to promote the popularization of digital currencies and the development of blockchain technology.
The background of the creation of Zhima Exchange stems from the rapid development of the global digital currency market. With the rise of mainstream digital assets such as Bitcoin and Ethereum, more and more investors have shown great interest in digital currencies. However, there are still many problems in the market, such as insufficient exchange security, poor user experience, and uneven service quality. Therefore, the goal of Zhima Exchange is to solve these problems and provide users with a safe, efficient and friendly trading environment.
Rules for making money in the cryptocurrency bull market
The bull market in the cryptocurrency world is a great opportunity for investors to make quick profits, but it is also full of risks. Faced with the crazy growth of the bull market, how to seize opportunities and avoid losses has become the focus of every investor. Here are a few key rules for making money in the bull market.
1. Grasp the trend and don’t blindly chase high prices
Most cryptocurrencies in a bull market will experience an increase, but not all currencies can continue to rise. It is important to grasp the trend of mainstream currencies, such as Bitcoin and Ethereum, which are usually the leaders of the bull market.
When the market is rising, many investors tend to have "Fear of Missing Out" (FOMO). Seeing the price of the currency soar, they blindly chase the high. This is one of the most common mistakes in the bull market. When buying, be careful not to enter when the market is already overheated. Waiting for a reasonable pullback opportunity can better control the risk.
1. Grasp the trend and don’t blindly chase high prices
Most cryptocurrencies in a bull market will experience an increase, but not all currencies can continue to rise. It is important to grasp the trend of mainstream currencies, such as Bitcoin and Ethereum, which are usually the leaders of the bull market.
When the market is rising, many investors tend to have "Fear of Missing Out" (FOMO). Seeing the price of the currency soar, they blindly chase the high. This is one of the most common mistakes in the bull market. When buying, be careful not to enter when the market is already overheated. Waiting for a reasonable pullback opportunity can better control the risk.
How to avoid pitfalls in the cryptocurrency circle
With the explosive growth of virtual currencies, more and more people are flocking to the cryptocurrency circle, hoping to gain wealth through digital assets such as Bitcoin and Ethereum. But for novices, the cryptocurrency circle is not only full of opportunities, but also full of traps. If you don't have enough knowledge and awareness, it's easy to fall into scams or lose money. Here are some key points for novices to avoid pitfalls in the cryptocurrency circle, helping you enter this high-risk market more safely.
1. Learn the basics and avoid blindly following trends
Before investing, learning the basics is a crucial step. The cryptocurrency world not only involves complex blockchain technology, but also requires understanding of various financial instruments and market rules. Many newbies are often eager to enter the market because of the "myth of getting rich quickly", but they do not understand basic concepts such as blockchain, smart contracts, decentralization, etc., which leads to blindly following the trend and easily falling into scams.
1. Learn the basics and avoid blindly following trends
Before investing, learning the basics is a crucial step. The cryptocurrency world not only involves complex blockchain technology, but also requires understanding of various financial instruments and market rules. Many newbies are often eager to enter the market because of the "myth of getting rich quickly", but they do not understand basic concepts such as blockchain, smart contracts, decentralization, etc., which leads to blindly following the trend and easily falling into scams.
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