The biggest event in the crypto world yesterday was the arrest of TELGRAM founder
The $TON-related ecosystem, whether it is TVL or coin price, has seen a significant decline. I think this panic sentiment will not be eliminated in the short term before the official has further clear explanation.
Bitcoin traded sideways all day yesterday. It broke through 65,000 in the morning and then fell back to 64,000. Even though it fell slightly due to Ton’s reasons, the sentiment remained good!
Yesterday, Bitcoin had a downward trend at the 4-hour level, but it was sideways all day with almost no fluctuations.
According to previous observations, this type of sideways trend that replaces decline is often followed by a big wave. It does not fall when it should fall, and it does not rise when it should rise. It is like a spring. The longer it is suppressed, the greater the force it will exert after it breaks free.
As a new week begins, the trend remains bullish!
Bitcoin was so powerful over the weekend. After Powell's dovish remarks, it directly broke through the resistance of the 61,000-62,000 range and reached above 65,000. At present, confidence at the market level has been rekindled.
At present, the overall price is still in a volatile range. Bitcoin is currently priced around 64,000, and ETH is currently around 2,700.
Bitcoin BTC pressure level 64800–65500–66200, support level 63500–63000–62000
ETH pressure level 2800–2880–2950, support level 2700–2640–2580
Unless there is a black swan, the market will basically not fall sharply. After adjusting for so long, the market should move forward! The main thinking is low and long, and the pin can be connected!
The next focus for Bitcoin will be on the 70,000 mark. Once this position is successfully established, a real bull market will begin. The explosive market in Q4 is actually happening now.
In terms of cottage
Currently, Bitcoin and ETH are in a volatile range, and most Altcoin follow the market trend. The trend remains unchanged, so continue to hold the spot!
It is obvious that some copycats can’t hold back and start to stir up troubles frequently these days! Each time the price rises by dozens of points or even doubles within a day, but they are basically small-cap currencies. We will recommend more in the group in the near future!
There was a general small rebound in copycat stocks over the weekend, and as the broader market continues to rise, there is no doubt that this will continue to drive the copycat market.
For recent Altcoin, the focus of operations is to buy high-quality coins:
For example, the Bitcoin ecosystem, high-quality memes, the old DeFi track, RWA, etc.
Current holdings:
Eth Sol Ordi Sats Op Wif Bome Bonk Stx Wld Api3
The recommended secondary band currencies are based on your own profits. Those who should do band trading should learn how to do band trading!
You must not fill up your positions, leave a portion as floating capital!
Follow me and welcome the super bull market together!!!
Create a high-quality circle
Spot mainly
The recent trading strategy is very good. If you are confused about the recent market, you are welcome to join our community! The market liquidity is basically full! The real big one is coming soon! Recently, the community still keeps the activities open!
I will share some content: as shown below:
The overall position is ≥ 5,000u. If you want to join, scan the QR code below!
This is the end of the article. I will do a more detailed analysis in the communication group. If you want to join my circle, please contact me directly through the WeChat below!
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