$FIS $REI $VOXEL announced today the delisting of three spot assets, all with a market value below ten million! Binance has accelerated the process of cleaning up these abandoned coins! But it's still not fast enough! Coins with a market value of less than twenty million should be cleaned up as well! Contracts should be treated this way too!
The large-scale trend of BTC is merely a corrective rebound after an earlier excessive decline, and no structurally significant recovery has yet occurred. The bearish arrangement of the moving average system continues in the medium and short-term trends, and the status of wide fluctuations has not changed. The primary focus is on reducing the frequency of operations.
The short-term resistance is in the current area, with the second resistance at 98340~101140, Monitor the support at 90580~90042 (not much space, quick in and out), short-term support at 88018~87314 (not much space, quick in and out), previous large-scale orders remain effective, and other points will not be updated for now.
Due to space constraints, I won't write much more; we can look at specifics after fluctuations occur!
Is the BTC price going to surge to 100,000? The target position is definitely around the 100,000 line, but will it reach 100,000 that quickly? Before hitting 100,000, there is a very important and relatively wide pressure zone, [94600-96000]. Although this range will eventually be overcome by the main force, it is a resistance area that can cause price stagnation in the short term. So it deserves some respect. When the 96000 line is effectively broken through and stabilized, then we can talk about 100,000. Currently, the price is moving in a relatively smooth pattern, mainly because the selling pressure above is not significant, with one wave of continuous declines followed by a wave of violent washout, leaving the bears in a tough spot. It will take some time for the bears to regroup. So in the short term, look for low buy positions, small dips for buying, and big dips for substantial purchases. A more reliable effective support range below is [90800-91200], but it may not necessarily retrace to this level today. I think if the price can retrace to this level in the next couple of days, those who are out of the market might as well enter a position, and if it breaks below, they can add to their positions. Unless there is an extremely strong bearish signal, we can still hold off on the small essay for tomorrow. Additionally, pay attention to a closer support level, which is around the 91900 line. If this holds, then the [90800-91200] range will naturally not be an issue. To summarize, if you really want to short, wait for the price to reach the large resistance zone [94600-96000] before proceeding. Otherwise, just focus on the support levels below, one at the 91900 line and the other at the [90800-91200] range.
The current funding structure of the cryptocurrency market is actually very simple. The foundation is Bitcoin, which is the market's barometer. The middle layer is Ethereum, a high-risk version of Bitcoin, and the top layer consists of altcoins, which carry the highest risk and are most easily abandoned.
When Bitcoin declines, institutions will definitely first cut altcoins, then Ethereum, and only then will they touch Bitcoin itself. So the overall market dynamics become that as long as Bitcoin drops a little, Ethereum drops more, and ecosystem coins split directly.
This is not a coincidence; it is determined by the ecological niche of the entire market at present.
1. Popularization of AI Music Creation Fireverse has built a complete closed loop of “AI creation + instant on-chain”, allowing users without a professional background to complete the entire process from lyric writing and arrangement to NFT minting, truly realizing a convenient experience of “creation equals rights confirmation, issuance equals monetization”. 2. Deep Empowerment of Star Resources The platform has established strategic partnerships with several iconic artists in the Chinese music scene (Kay Tse / Veronica Yip / Beyond's Wong Guan Chung) and is building a content ecosystem that integrates star influence and community creativity through regular star creation camps and national music competitions. 3. Innovative Evolution of Economic Model The incentive system based on user interaction points has successfully cultivated the first batch of highly engaging creator groups. The upcoming ecological co-construction plan and liquidity upgrade program are expected to open a new cycle of value growth. 4. Continuous Accumulation of Market Momentum Technical forms indicate that the market has completed bottom building, and recent price and volume increases have effectively broken through key resistance zones, optimizing the market position structure and laying a solid foundation for future upward movements. 5. Value Discovery Window Opens Current valuations are still at the early stage of ecological development. As the product matrix is perfected and market sentiment warms up, the project has the potential to break through to a higher market value range, and the growth space is worth attention.
The lower edge of the 4-hour level oscillation channel has gained support, followed by a rebound with volume that gradually decreases. It seems the judgment is correct, and the market has officially entered a range oscillation!
In the short term, it seems there is hope to first create an ascending wedge to test the midline of the 4-hour channel, followed by completing a structural pullback and then testing the high point of the range.
In short, I feel there is not much to do in this market. If I have to do something, I might consider making a contract to short the grid...
No desire to trade, all the groups have gone quiet. There are no small coins in CEX, just some ETH spot lying around, preparing for a long battle. In DEX, a few lotteries that couldn't come out due to liquidity issues have now been halved a lot, not looking anymore. NFT is waiting for the Moonbird TGE. The part for new investments is waiting for the Stable TGE and MegaETH refunds.
I heard that CEX has started laying off employees, and after some people exit the circle, tomorrow will be better.
#BTC #ETH Last night, when Ethereum dropped to around 2700, spot leverage players in the market began to concentrate on increasing their positions. Considering the previous buying situation, 2700-2600 can temporarily be viewed as the buying range for this round of Ethereum's fluctuations;
Last night, some spot leverage players bought Bitcoin around 86, but after it broke below 85, some players stopped out and left the market, while the remaining players gradually exited near their cost or with a small profit during the subsequent rebound;
Currently, it appears that in the spot market, the main force has started to favor Ethereum, and for a period of time, Ethereum may be more resilient than Bitcoin.
The short-term decline of BTC has temporarily ended, with minor signals indicating a stop in the downturn. The pattern shows signs of a head and shoulders formation, so if there is a right shoulder pullback in the short term, it will be the last opportunity to enter long positions, targeting around 85600, which is a chance to go long.
Additionally, from a 4-hour perspective, the recent accelerated decline is considered a second bottom test, with bearish volume continuously decreasing, indicating that bulls are starting to take control. Moreover, the current price aligns with the second bottom low point, so we should expect a wave of upward momentum in the short term.
$BTC daily line drops, don't rush to rebound, wait for 2-4 days of consolidation, and after the market digests the emotions, then draw lines. For rebounds, go long; if the rebound still can't break through the dense area, go short.
2. Don't enter the market when trading volume is high or when the market is in FOMO, as it's easy to get a spike. Pay attention to assets with public sentiment not high, but where the main force is still present; the main force will be in a bit of an awkward position, so just avoid participating, such as ALCH.
3. How to look at trial trading, you can look at $ALCH, with a very short body plus a long Pin bar, and then subsequent prices are all above the body, that's trial trading.
4. $Tradoor, the main force's holding cost is very low (around 1.4), basically, you have to wait for a month to distribute, don't short it now, it's easy to get spiked and then rebound explosively, stay away. Pay attention to the maximum capital accumulation, consider shorting only after it's out 30%.
5. After a K-line quickly rises, market makers need to maintain the price difference, market makers hold both long and short positions, how to maintain the price difference will first smash, and then establish longs at the bottom. In large cycles, the principle of symmetry is very accurate; market making has the principle of symmetry.
6. Why retail investors fear heights? Because they only look at K-lines, chasing high to enter the market, stop loss on pullbacks. Pay attention to the main force's cost, break through and chase one hand, stop loss once or twice can catch a big trend; it's hard to catch it all in one go, you can try a few more times, and set stop losses a bit closer.
7. Go short at the upper edge of the dense area, go long at the lower edge, and stop loss on breakouts. Pay attention to whether volume and price are synchronized.
8. Try to target assets with a market value of over 100 million USD, avoid assets with a daily trading volume of 10-20 million, as they are too easily manipulated with spikes.
9. Don't enter on the first wave of rapid rise, wait for a pullback and stabilization before looking for an opportunity to enter.
10. Don't look at time indicators below 1 hour, they have no reference significance.
After the major level pullback of BTC ends, it returns to the original downward trend. The minor level has newly developed selling pressure after consecutive declines, which is not favorable for short-term increases. Prepare for operations with a mindset of making moves after pullbacks. Aggressive support at 83910~82710 (can enter during a slow decline, do not enter during a sharp decline) Short-term support at 81920~80330 (if reached within the day, quick in and out; if reached after 3~5 days, it can be held for the medium term), second support at 78760~76260~74110 (1:1:2 can be placed, seize rebounds during sharp declines) Short-term resistance at 87640~88410 (for monitoring reference, a selling pressure area formed after declines in the early morning, expected to play a role in slowing the rise), structural resistance lower bound at 89510~90144. Note: The validity period for aggressive strategies is usually 2~8 hours, and short-term points are valid within 24 hours, while the second points are valid for 48~72 hours. The major level support and resistance that have not been reached previously are generally effective.
The double top of ZEC has been confirmed It’s tough for those who bought mining machines at high prices They originally wanted to make a profit But unexpectedly got trapped The dog stock won't pump for no reason In the future, you still need to think more in the coin circle Otherwise, there are many pits waiting for you ahead