BTC surged to a key level but was then hammered down, indicating a large number of sellers. As long as it doesn't break the previous low, there's still a chance it will rebound. Consider going long around 69,500-70,000 after a pullback.
ETH has been suppressed after reaching a key level, indicating heavy selling pressure. A pullback and consolidation are highly likely. As long as it doesn't break below the support level, there's still a chance for a rebound. Consider going long around 2100-2130.
The BSC chain is currently a particularly risky market for those looking for secondary price movements. Market makers are all focused on Alpha expectations; if there's no positive news within a few days, they'll dump the shares and run away. TITAN traded sideways for a week, but without Alpha or platform support, the major players simply withdrew. I was quite optimistic about it, but now that the major players have left, I'm too afraid to participate in secondary price movements. It feels like it's following the same pattern as Fight – holding on for a few days, then abandoning the market for convenience. The current situation is simple: 1. BSC can only be used for top-tier, high-flying themes; precise coin selection is crucial to avoid losses. 2. Secondary price movements are extremely risky; what looks stable can plummet in an instant. Large funds shouldn't gamble on BSC; heavy betting on high returns is not worthwhile. Only invest in core, high-flying themes. The platform is silent now, there's no clear main theme to follow, Alpha is limited and its gains are mediocre; the old tricks are worn out. The entire BSC system is currently just a zero-sum game of mutual exploitation, with nothing new to offer. My advice is to stay put, preserve your capital, and wait for the next big opportunity.
M: It won't hold for long; prolonged sideways movement inevitably leads to a fall. The major players are currently monitoring the market data, watching the number of short positions above. If there's a large concentration of short positions, they might first push the price up to trigger a short squeeze. The market is currently weak and is likely waiting for the right opportunity. Pay close attention to the funding rate: once it turns negative, there's a possibility of a rally; if it remains positive, it will slowly decline and sell off. I'll say something when the sell-off begins.
Bless: Open a long position at the current price, with a stop loss at 0.006 and a target of 0.01.
TAO: There haven't been any new positive developments recently, and many people who shorted at the wrong price points short wiped out. Now that funding rates have rebounded, shorting around 346 offers good value, and the trend suggests a higher probability of further decline. As long as the major players don't force a market rally, this correction is likely to materialize.
XNY: The daily chart has broken through the downtrend, marking the fourth breakout, indicating a high probability of a market rally. All indicators are turning upwards, offering a potential push towards the 0.01 resistance level. Consider establishing a small initial position near the current price of 0.0066, then adding to the position on a pullback to 0.006, aiming for a significant upward move.
ZEC: The overall trend is still downward, with only a slight rebound after March 22nd. This rebound will likely end by the end of this month or early April at the earliest, and the downward trend will continue. The difference between the two possible scenarios lies only in the short term: a continuous decline or sideways movement until the end of the month indicates a weak trend; if it breaks through 247.7, it would be a slightly stronger trend, but the overall direction is still downward. Therefore, there are good short opportunities for ZEC going forward, with a reasonable risk-reward ratio and potential upside.
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 high your confidence level, 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: 3530882667 (Add me with a note, and I'll add you to our learning and discussion group).
