BTC's recent price action is roughly in line with my expectations. It rebounded to 68,000 before encountering selling pressure and failing to rise further, subsequently falling to a low of around 66,200, precisely hitting the 0.618 Fibonacci retracement level – a classic double bottom. I originally planned to go long below 66,000, but I missed the low by only about 200 points, so I won't chase the price higher for now. I'll consider long again if it retraces to a more favorable level. As long as it doesn't break below 66,000, this double bottom will be considered valid, and a rebound is highly likely. My calculations suggest a rebound target of around 70,000. If the trend is strong, it might surge directly to 70,000, at which point I'll prepare to short.
ETH's price action these past few days has been largely as I anticipated. Yesterday, it rebounded to around 2086 before encountering resistance and falling back, completing a double bottom around 2010. I initially planned to go long at the 0.618 support level, but it only dropped to the 0.5 level, almost missing out. Now, the price has rebounded again, breaking through the previous high but failing to hold, and it will likely need to digest some selling pressure before continuing to rise. I see the target for this rebound in the 2130-2150 range, which is a suitable short point for shorting. Whether it rallies rapidly or consolidates, I will short whenever it reaches this range.
CHZ: This trend is almost identical to the previous one, both exhibiting an upward oscillation pattern. Last time, the price surged directly after the oscillation, and now it's following the same pattern. Once the oscillation ends, there's a high probability of another upward move. Although the indicators show some bearish divergence, the price is only consolidating without falling, indicating a strong upward trend. Long positions should be held.
TRUMP: Keep an eye on it; a head and shoulders bottom pattern has formed on a smaller timeframe. The key is whether it can hold above this crucial level. If it does, you can go long, and there's a high probability of an upward move afterwards.
$SWARMS: The spot market has finally started moving, without even giving us a chance to add to our positions. Although it took quite a while, it's moving as expected, and it's already up over 50%. We're still far from our target, but the pace will accelerate further. Let's just wait and see; our next target is to double the price.
$DOOD: It's worth a long position for a potential rally. The current funding rate is -1.16%, and there's still room for further gains on the daily chart. Once the rate drops further to around -2, a rebound is highly likely. Use 2x leverage; the risk is manageable. Capitalize on this Altcoin surge.
$ONT: It's rallied again, reaching a high of 0.089. Someone suggested entering near 0.068 last night and is already in profit. This coin is highly volatile, rising and falling rapidly. Trading advice: For spot trading, just hold a small position and observe. For futures trading, use small positions for quick entries and exits, with strict stop-loss orders. There's strong resistance near 0.09, so you can try a small short position with a stop-loss at 0.095; if it falls back to 0.068-0.07 and stabilizes, you can try a small long position with a stop-loss at 0.062.
$AIOT: Surged today, with a large bullish candlestick on the 60-minute green candle breaking through the long-term resistance level of 0.011. Reason for the rise: Received tens of millions of dollars in investment from Masterpay Group; ecosystem payment and hardware deployment will accelerate. Small-cap AI stocks are experiencing rotational upward movement. Trading advice: This coin has been falling for six consecutive months; further downside is limited, and a rebound is imminent. Those willing to chase the high can start with a small position, adding to the position on a pullback to 0.011-0.0115, and further adding to the position around 0.012.
$GUSDT: Today's price action was very strong, with a large green candle on the 4-hour chart, breaking through the long-term downtrend and leaving a gap. The price range is between 0.0035 and 0.0042. If the price retraces to the 0.0040-0.0042 support level and stabilizes, consider adding to your position.
$SKL: It has broken out of its sideways consolidation and started moving upwards. Two trading strategies: 1. Long a buy order at the lower edge of the consolidation range. It has already started moving, with a target of 0.0072. 2. After a large green candle breaks through 0.007, you can directly go long. Given the long period of sideways consolidation at the bottom, the first method is more recommended.
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).
