Bitcoin quietly rallied overnight, while gold and silver fell, with silver dropping from 120 to over 70. However, the overall volatility was low, making it suitable only for large funds of tens or hundreds of millions. Small investors can only play around with it. Our main battlefield and core strategy have always been in the crypto.
In the past 24 hours, a total of 135,957 people across the internet have had their positions liquidated, with a total liquidation amount of $566 million. Long positions were liquidated for $440 million, and short positions for $1.127 billion.
The following steps are very simple:
If you have sufficient funds, buy spot goods in batches during dips and trade in waves, aiming to buy low and sell high. The current dip is a good time to enter the market. Gradually increase your position and continue to add to it if it continues to fall. Risk and return are proportional. Just choose the right entry point.
The choice of cryptocurrency depends on your own situation. If you have sufficient funds, prioritize mainstream coins such as Bitcoin, Ethereum, and Solana, as they have stable trends and are market indicators. Their upside potential is limited, but they are safe. Altcoin with strong institutional support and those that are at a bottom in the current phase.
Furthermore, it also allows for ultra-short-term trading with the potential to make big profits with small investments. If you are optimistic about the market outlook, you can use low leverage to build a position and reserve room for additional purchases. Since market trends cannot be accurately predicted, you can buy more when the price falls and profit when it rises, making it a strategy that is both offensive and defensive.
Today's market analysis:
BTC
Today, pay attention to the support level around 83310 for Bitcoin. If it doesn't break below this level on the 1-2 hour chart, it may continue to rebound. Resistance levels to watch are around 84700, 86500, and 88150.
If the price falls below 83310 , it may pull back to the previous low of around 81000. If it doesn't break the previous low, a rebound is still possible. If it breaks below, pay attention to the support levels at 79370, 77650, and 76510.
ETH
Ethereum needs to hold above 2715 for a rebound today. After holding above 2715, watch for resistance levels around 2770, 2825, and 2878 .
If the price fails to hold above 2715 , it may retest the previous low of 2635. If it doesn't break the previous low, there's still a chance for a rebound; if it breaks, watch for support levels at 2560, 2505, and 2437 .
BNB
Today, NB is watching the support level around 850. If it doesn't break below this level on the 1-2 hour chart, it may continue to rebound. Resistance levels to watch are around 870, 881, and 890.
If the price falls below 850 , it may pull back to the previous low around 831. If it doesn't break the previous low, a rebound is still possible; if it breaks, pay attention to the support levels at 818, 800, and 790 .
SOL
Today, pay attention to the support level around 116 for Sol. If it doesn't break below this level on the 1-2 hour chart, it may continue to rebound. Resistance levels to watch for on the rebound are around 120, 123, and 128 .
If it falls below 116 , it may pull back to the previous low near 111. If it doesn't break the previous low, it may still rebound; if it breaks, pay attention to the support levels at 109, 106, and 102 .
Hidden Dragon, Do Not Use
I've been waiting forever, and finally, the "Hidden Dragon" pattern has started to rebound. This wave has truly cleansed the market thoroughly, but gold always shines again. If you couldn't hold on, just leave; you've already made a profit.
I'm here!
Memes on BSC are about to kick off again. I'm here today, snapping away again. These kinds of new coins, after listing and hitting new lows, are highly likely to see a new high. Get on board!
MOLT
Base Chain's upward momentum has been consistently strong; just buy in, someone will always win. MOT's popularity is epic; it's the first phenomenal blockbuster product in the AI era's Web3 landscape. Remember to buy on dips.
