BTC failed to break through the upper resistance level in the short term, and was immediately pushed back after touching it. With only two days left until the interest rate cut, it looks like another pullback is needed. The support level is around 88,000, which is also my planned long positions; I'll enter decisively when it reaches that level. An interest rate cut is highly likely, and if there's no price increase before the cut, it will be a positive factor afterward. Therefore, during short-term pullbacks, it's crucial to seize the opportunity to enter long positions!
ETH has been fluctuating wildly lately, but after this period of volatility, it's highly likely to break upwards. Currently, it's forming a triangle pattern, making the trend quite clear. Short-term support is around 3000; a drop to this level would be a long entry point for a long position. A rapid upward surge is likely to follow, and this is probably the last chance to enter a long position, so be sure to seize it.
$STABLE just launched on Binance Alpha+ futures, but it didn't cause the big stir I expected, and the staking rewards were pretty average. I'd heard beforehand that there wasn't much circulating supply, so there was a possibility of a price surge, and I didn't dare to short it. But when it opened, I saw major exchanges running promotions, meaning they'd already released a lot of tokens. Luckily, I didn't follow the trend and didn't lose money, so I was fortunate.
PLUME saw a slight increase after listing on Coinbase, but compared to its previous high, the current price is practically nonexistent. As for RAWFI, they're giving PLUME the maximum resources right now. The on-chain market is quite contradictory; some say there's opportunities, while others say there aren't.
Yesterday, a new coin was released, which completely drained the funds of the old leading coin. I thought the old leading coin had some big players supporting it, but it turns out it had no power to resist at all.
Tonight, Binance Alpha will be listing two new projects: one is WET, which has a public sale and a relatively low price, so be careful of selling pressure at the opening; the other is NIGHT.
RDNT: This is a rebound after a sharp drop, but these kinds of coins are usually one-off events; they rise in one wave and then fall back in the same direction. I bought some spot RDNT before and lost several times my initial investment. I quickly cut my losses and got out, otherwise there would be no one to buy now. A sincere warning: never chase after coins that suddenly surge with a big green candle!
ZEC: It's really picked up the pace these past two days, and its performance today was particularly resilient! It pulled back slightly but immediately rebounded, and it feels like this wave is about to start a second breakout. I'm still holding some long positions; if it can hold above the neckline, reaching 500 isn't impossible.
The market is constantly changing, and specific entry and exit points should be determined based on real-time conditions. Follow the trend after a breakout! No matter how confident you are, please strictly adhere to your stop-loss and take-profit strategies! That's all for today! Follow me so you don't get lost! QQ: 2178747366, QQ: 2499660658 ( Add me with a note, and I'll add you to our learning and discussion group).
