Today, during the trading hours, BTC showed a steady rise throughout the day after hitting a morning low and did not show any clear signs of correction. In the evening, the coin's price dropped after reaching the 99000 resistance level and started to face pressure. It is important to see how the price will react to the 99000 resistance level, and on the 4-hour chart, we can see many lower shadows. The overall trend is characterized by a small three-candlestick upward movement, but there has been no effective breakthrough of the resistance points from above and steady support. The dynamics during the American session, ETH also paused after reaching the 2856 level in the afternoon hours, and after a slight fluctuation, it started to correct along with a decrease in combination with the BTC's non-working time.
💎 💎 After a significant rise and fall in the previous stage, the current big cycle is experiencing a new wave of fluctuations. In the face of the broad market burden, the operational strategy is 'high short, low long', using fluctuations to capture opportunities. From a technical point of view, the current market trend is quite chaotic, the only clear thing is the failure to break through high points, corresponding to the principle of 'do not destroy, do not build'. At the same time, on the 4-hour level, there are many lower shadows, indicating that predominantly downward fluctuations are observed in the Asian-European period, while in the American period, there is a tendency to rebound and continue the fluctuating trend. Therefore, in terms of operations, opportunities for short positions can be sought initially in the Asian-European period, and opportunities for long-term positions at a low level in the American period. In the conditions of a fluctuating market, it is rational to control position risks. 💎 💎 Since the beginning of BTC, ETH, Dogecoin, SOL, and other major cryptocurrencies have gradually stabilized and increased in volume, but in reality, most altcoins are already in the bottom zone. However, even in the case of a major market, it will not be as turbulent as before. For altcoins, the key is the waves, and it is necessary to catch the train, as in the cryptocurrency market under new conditions, many altcoins have short-term markets, and the choice of our coins is very important!#Market Pullback: Which Coins to Watch? #Which AI Concept Coins Do You Hold? #Launchpool Initial Offering ANLOG
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Today, during the trading hours, BTC showed a steady rise throughout the day after hitting a morning low and did not show any clear signs of correction. In the evening, the coin's price dropped after reaching the 99000 resistance level and started to face pressure. It is important to see how the price will react to the 99000 resistance level, and on the 4-hour chart, we can see many lower shadows. The overall trend is characterized by a small three-candlestick upward movement, but there has been no effective breakthrough of the resistance points from above and steady support. The dynamics during the American session, ETH also paused after reaching the 2856 level in the afternoon hours, and after a slight fluctuation, it started to correct along with a decrease in combination with the BTC's non-working time.
💎
💎
After a significant rise and fall in the previous stage, the current big cycle is experiencing a new wave of fluctuations. In the face of the broad market burden, the operational strategy is 'high short, low long', using fluctuations to capture opportunities. From a technical point of view, the current market trend is quite chaotic, the only clear thing is the failure to break through high points, corresponding to the principle of 'do not destroy, do not build'. At the same time, on the 4-hour level, there are many lower shadows, indicating that predominantly downward fluctuations are observed in the Asian-European period, while in the American period, there is a tendency to rebound and continue the fluctuating trend. Therefore, in terms of operations, opportunities for short positions can be sought initially in the Asian-European period, and opportunities for long-term positions at a low level in the American period. In the conditions of a fluctuating market, it is rational to control position risks.
💎
💎
Since the beginning of BTC, ETH, Dogecoin, SOL, and other major cryptocurrencies have gradually stabilized and increased in volume, but in reality, most altcoins are already in the bottom zone. However, even in the case of a major market, it will not be as turbulent as before. For altcoins, the key is the waves, and it is necessary to catch the train, as in the cryptocurrency market under new conditions, many altcoins have short-term markets, and the choice of our coins is very important!#Market Pullback: Which Coins to Watch? #Which AI Concept Coins Do You Hold? #Launchpool Initial Offering ANLOG