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The big coin rose and then fell last night, failing to maintain the breakthrough of the 90000 mark, currently falling to around 86200. The big coin shows a short-term bearish fluctuation, weakening on the hourly chart, with support on the 4-hour chart. The key is whether 86000 can be maintained; if broken, it may drop to 85000 USD or even lower. It has fallen below the 1-hour EMA moving average, with the Bollinger Bands narrowing downward, and the price running along the lower band, favoring bears.
The MACD double line is below the zero axis, with green bars continuing and no significant reduction in volume, indicating that bearish momentum has not diminished. The RSI is below 40, entering a weak zone, with no signs of oversold rebound. Support
85200 USD, resistance 86800 (1-hour MA30). The rebound is weak; be cautious in chasing long positions; if not entered, observe the market; if the rebound encounters resistance, a light short position can be taken.
The big coin's rebound is near 86500-87000, looking down to 85200-83000; the second coin's rebound is near 2870-2860, looking towards 2750-2700.
Yesterday, Bitcoin maintained a narrow range, and then encountered a cliff-like decline at the 89800 line, dropping to around 85000 before a weak rebound. The overall decline was nearly 4800 points, and the current price hovers around 86000, oscillating for correction. Friends who followed the strategy to lay out short positions yesterday perfectly captured this downward space, achieving precise gains once again!
From a technical perspective, on the 4-hour level, the price has broken through the lower Bollinger Band, and the Bollinger Band is overall opening downwards. After breaking the band, there has been no strong pullback, still under pressure near the lower band; the MACD indicator's dead cross structure continues, and the green momentum bars are continuously expanding, indicating that the bearish forces have not yet exhausted; although the KDJ three lines have entered the oversold area, there has not been an effective golden cross signal formed. The short-term rebound strength is expected to be limited, and caution is needed as the market may test downwards again.
Bitcoin: Short around 86500-86000, looking down to break 85000 and then see 83000 line,
Altcoin: Short around 3030-2980, looking down to 2800-2750
Those who followed the trend yesterday have all benefited! #eth
12.15 Thought Analysis#eth The Bitcoin four-hour structure is weak, having dropped below the key support area of 89000 with four consecutive bearish candles. Although it paused briefly near 87960 at the lower Bollinger Band, the rebound strength is weak, and it remains under pressure below the moving average system, with the bearish trend unchanged.
At the hourly level, the recovery momentum is insufficient. Although the MACD bearish volume has contracted, the price has not shown a strong rebound, instead forming a low-level fluctuation, which is a continuation pattern in a downtrend. Intraday, one can look to short at high points!
For Bitcoin, consider placing short positions around 88700-89500, targeting near 87000-84000.
For the second coin, short near 3150-3090, targeting down to 2950-2800.
Hello everyone, I am Juanjuan, the top analyst of the 9:30 PM live broadcast.
Let's first review the Bitcoin market this week. Bitcoin soared to a maximum of 94,000 and then began to retrace to 94. The resistance level above was not broken twice last week. We started shorting around 94,000 and took short positions at 93,200
and 92,400. We have been shorting these positions and have also profited from it - a winning streak. In the past few days, I have reminded everyone not to chase shorts as Bitcoin is currently not favorable for shorting.
Currently, the BTC weekly chart continues to stay above the 90,000 mark, and the 4-hour K-line shows a double bottom pattern below. Then, a large bullish candlestick quickly pushed it up to 91,700. This is called a double bottom bullish candle, and we cannot short this market again as there is not much space left. Early morning
we have already shorted around 91,000 once and profited from this wave of shorts. Today, the focus should be on going long. This week, we expect to see bullish momentum, looking for Bitcoin to firmly break the 94 level and stabilize before targeting
the 96-98 area.
As for Ethereum, the market last night saw a deep spike but the rebound strength is also very strong. Ethereum has broken through 3,100 and stabilized at 3,100. The next strong resistance above is at 3,300. Ethereum's exchange rate still has a chance for a rebound. If Ethereum starts to strengthen, you can try to go long for short trades. If the rebound breaks through 3,300, there is a chance to see the 3,400-3,500 range!
If you want to join the live broadcast school, you can scan the QR code on the homepage and add me #eth .
ETH has formed a relatively complete and proportionate Gartley harmonic reversal structure on the 1-hour timeframe, and the current price is near the potential reversal zone (PRZ) at point D. From a structural perspective, the ratio between XA and AB, as well as BC and CD, is quite high, indicating strong validity of this harmonic pattern. Although the overall market transaction volume is low over the weekend and active funds have not significantly entered, a certain degree of low-level support and weak volume stop-loss signals can still be observed in the D point area, showing a technical rebound willingness from short-term bulls. If subsequent transaction volume slightly increases and the price further stabilizes at the upper edge of the PRZ zone, a structural pullback trend may emerge. Therefore, at this stage, it is essential to maintain a high level of attention to the rebound risk (i.e., reverse fluctuations caused by short covering), and short-term operations should avoid blindly chasing shorts, instead observing key position retracement confirmations and changes in volume before responding.
The scale of U.S. money market funds has first surpassed 8 trillion dollars, which indicates that investment institutions and individuals are putting more money into safe-haven assets rather than risk markets. This data, from the current perspective, is indeed not a good sign, as it effectively reduces market liquidity.
However, from another perspective, when the Federal Reserve continues to maintain an accommodative stance and the SLR is canceled, this portion of funds will be forced to leave money market funds and enter risk markets, which will then bring very strong liquidity.
Angry spray! The cryptocurrency circle is completely frozen this time, the collapse is hopeless!\n\nStop deceiving yourself! This wave in the cryptocurrency circle is not a correction at all, it is a direct plunge into hell! A single word from Trump has turned the Federal Reserve's personnel upside down, policy uncertainty is at an all-time high, and the already fragile market confidence has been crushed to dust. Bitcoin has taken the lead in a sharp decline, and the entire network has seen liquidations with blood flowing like a river; where is there any sign of a rebound?\n\nThe high-leverage bubble should have burst long ago! Speculators who crazily increased leverage to bet on rising prices are now being rubbed to the ground, and the forced liquidations have smashed prices to the bottom without any margin for buffer. Institutional funds are fleeing faster than rabbits, ETF funds are flowing out frantically, and no one dares to catch the falling knife. Liquidity is completely dried up; what else can this market be but doomed?\n\nThe regulatory knife still hangs overhead, and the world is tightening control. Now, with the earthquake in the Federal Reserve's personnel, every piece of news is a fatal blow. Those still fantasizing about bottom-fishing, wake up! This collapse is like a domino effect, and the cryptocurrency circle is completely finished, leaving nothing but endless declines and panic!