Good morning ☀ hardcore fan check-in 👍 like and get rich 🍗🍗🌹🌹
💎 💎 Countdown to October 2024, 3 days left. So, entering the encryption market in November will be affected by intense uncertainties. First, the U.S. non-farm payroll data will be released on November 1st, and the U.S. presidential election will take place on the 5th, followed by a series of economic and financial data releases. Some analysts from institutions believe that if Trump wins, there will be a big pump in the encryption market, with BTC breaking through its historical high and reaching a new peak. If Harris wins, the encryption market will experience substantial fluctuations, with BTC breaking through $68,000 intraday. Tokens on the SOLana ecosystem, such as SOL, JTO, JUP, and RAY, are still showing strong performance. SOL is approaching the ideal threshold of $200, reaching $178.4. In fact, the recent trend of BTC shows that no matter how intense the fluctuations are, the bottom is constantly rising. It seems a bit difficult to grasp the trend of Altcoins, as evidenced by frequent unlocks and unpredictable delistings. Therefore, it is important to pay attention to changes in the news when operating. 💎 💎 In the past week, BTC surged to the 69553 level and then experienced a sharp pullback, with the lowest point falling to the 65240 level before stabilizing and fluctuating again. The wide-ranging oscillation of 4000 points has increased the difficulty of short-term operations. From a technical perspective, the daily Candlestick formed a small bullish candle at the end, stabilizing above the midline, and the daily candlestick level formed a W-shaped pattern, entering the end of the Rebound, signaling a bullish view. The 4-hour Candlestick climbed the stairs along the midline, forming a wide-ranging tug-of-war state in the operating channel. The price surged and then pulled back without continuing to decline, instead entering a trend of recovery and warming up. The volume still appears in long positions, and the moving average trend is tense but has not led to a release of lower prices. In the short term, the consolidation turned into a recovery, and it will take time for further preparation for the surge. Our strategy going forward will focus on long positions at the low end for pullback, with short positions as a supplement if the recovery does not break through the key area. 💎 💎 After two days of consolidation over the weekend, Ether started a new round of increments. Ether touched the 2464 support line and rebounded, then pulled back from the 2527 resistance line. The daily candlestick formed a small bullish K-line, with consecutive shrinking candlesticks. Yesterday, accompanied by the bottom exploration and rebound, the daily candlestick had a small body, still maintaining a range-bound consolidation. The 4-hour Bollinger Bands are starting to contract, with short-term resistance at 2620, and a breakthrough is expected to fill the increase. In the short term, it is temporarily unable to break out of the strong one-way movement, and if the structure cannot show much strength, it will fall into the rhythm of back-and-forth whipsaw oscillation.
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Good morning ☀ hardcore fan check-in 👍 like and get rich 🍗🍗🌹🌹
💎
💎
Countdown to October 2024, 3 days left. So, entering the encryption market in November will be affected by intense uncertainties. First, the U.S. non-farm payroll data will be released on November 1st, and the U.S. presidential election will take place on the 5th, followed by a series of economic and financial data releases. Some analysts from institutions believe that if Trump wins, there will be a big pump in the encryption market, with BTC breaking through its historical high and reaching a new peak. If Harris wins, the encryption market will experience substantial fluctuations, with BTC breaking through $68,000 intraday. Tokens on the SOLana ecosystem, such as SOL, JTO, JUP, and RAY, are still showing strong performance. SOL is approaching the ideal threshold of $200, reaching $178.4. In fact, the recent trend of BTC shows that no matter how intense the fluctuations are, the bottom is constantly rising. It seems a bit difficult to grasp the trend of Altcoins, as evidenced by frequent unlocks and unpredictable delistings. Therefore, it is important to pay attention to changes in the news when operating.
💎
💎
In the past week, BTC surged to the 69553 level and then experienced a sharp pullback, with the lowest point falling to the 65240 level before stabilizing and fluctuating again. The wide-ranging oscillation of 4000 points has increased the difficulty of short-term operations. From a technical perspective, the daily Candlestick formed a small bullish candle at the end, stabilizing above the midline, and the daily candlestick level formed a W-shaped pattern, entering the end of the Rebound, signaling a bullish view. The 4-hour Candlestick climbed the stairs along the midline, forming a wide-ranging tug-of-war state in the operating channel. The price surged and then pulled back without continuing to decline, instead entering a trend of recovery and warming up. The volume still appears in long positions, and the moving average trend is tense but has not led to a release of lower prices. In the short term, the consolidation turned into a recovery, and it will take time for further preparation for the surge. Our strategy going forward will focus on long positions at the low end for pullback, with short positions as a supplement if the recovery does not break through the key area.
💎
💎
After two days of consolidation over the weekend, Ether started a new round of increments. Ether touched the 2464 support line and rebounded, then pulled back from the 2527 resistance line. The daily candlestick formed a small bullish K-line, with consecutive shrinking candlesticks. Yesterday, accompanied by the bottom exploration and rebound, the daily candlestick had a small body, still maintaining a range-bound consolidation. The 4-hour Bollinger Bands are starting to contract, with short-term resistance at 2620, and a breakthrough is expected to fill the increase. In the short term, it is temporarily unable to break out of the strong one-way movement, and if the structure cannot show much strength, it will fall into the rhythm of back-and-forth whipsaw oscillation.