Trump's tariff war is underway again, a 1.2 billion crypto market crash is underway, and Black Friday is approaching again. Is the bull market over? Ethereum's 23% plunge has led to a market crash. Will ETH continue to fall?
Let's take a look at the market situation:
#BTC: The C-wave decline at the hourly level is nearing its end and is currently consolidating near the channel. A rebound may occur at any time.
#ETH: Ethereum still has a 5-wave rise on the daily chart to complete, and there will still be a market in the last two months of the year (just buy in batches when the market dips).
Short-term focus: If $BTC fails to break through 111,500 after a pullback, it will focus on the 100,000 mark. If $ETH fails to break through 4,250, it will focus on 3,500.
Next, look for a stop-loss signal in a small cycle, copy the mainstream on the left, and then go to the copycat on the right side after the structure stabilizes. Just build spot positions in batches.
As for altcoins, like $UNI and $DOGE, they've reached strong support levels. They'll likely have to wait for BTC and ETH to intervene before they start to move. Regarding the primary tier, all the profits I made on Jobless and Rose a few days ago were ultimately lost on BSTR... Better to stick to the secondary tier!
Q3 delivery has landed today. $BTC has hovered around $110,000 with minimal fluctuations throughout the quarter. In contrast, $ETH has more than doubled since the beginning of the quarter. Despite a small pullback at the end of the trading day, overall performance remains strong. Altcoins are in dire straits, with 80% of them failing to ETH. This is all driven by speculative investors, and diverging funding is becoming increasingly pronounced. The era of simultaneous price increases for all cryptocurrencies is truly over.
Judging from the data, although $BTC has retreated, Bitfinx's bull whale are still increasing their positions, indicating that the probability of a major plunge in Q4 is not high.
Despite the market downturn, many are still making a killing. I've seen this envy and jealousy towards $Aster and $XPL over and over again. The key is to keep a close eye on Binance Alpha and new tokens; these are the biggest opportunities right now!
Next, let’s continue to look at the trends of altcoins! Contact us at V: Mixm5688 or Penguin ID (QQ): 3806326575
Do you remember the AVNT I led you through in mid-September?
Those of you who still have treasures on hand are in luck! A lot of people are currently farming perp dex, as several recent projects have brought wealth effects. I selected $avnt to research.
As a perp dex, with an exchange + public chain background, 60% of the protocol income goes to LP, which is distributed hourly, supporting up to 500x leverage, and some products have 0 transaction fees. Avnt's season3 event will end at the end of February 26. A total of 4% of tokens will be used as rewards, which can be traded and used to form LPs. The trading points are 75%, and the LP group points are 25%. Just find the one that suits you and do it. Compared with others, this one is also very competitive, but it is a little better.
Platform Coins: OKB and BNB
OKB has great potential, but BNB is more stable and can be called the "golden shovel." OKX has been slow to empower OKB, and its team is excellent but not bold enough, and it's not good at mobilizing community enthusiasm.
BNB's CZ and He Yi are adept at leveraging community enthusiasm to drive BNB's price upward, creating a positive cycle. OKX should be more proactive, for example by supporting XDOG as the leader of the X Layer to demonstrate its leadership. If OKB fails to gain momentum, the entire X Layer will be unable to thrive.
C Communication + V: Mixm5688 or Penguin Account (QQ): 3806326575
This kind of coin with a large ups and downs trend at the 4h level can make huge profits if you can catch a wave of it. The pattern is also very standard. The current decline is not over yet. Wait for it to rebound and continue to short it. When the 4h and 1h levels resonate, you can go short with a larger position and set the stop loss at the previous high on the left side of the 1h level.
ENS
With Vitalik support, the front has been nursing, and the power of the explosion later will be relatively good. The descending channel is about to touch the meridian branch support. The ideal entry position is 18u. If you are afraid of miss the pump, you can enter the first position first. The upper target is 25u
That’s all for now! If you’re still unsure about your direction in the crypto, why not join me in making a plan? I’ll wait for you to come. Otherwise, in the next wave of the market, you may be the one standing on the other side again. Communicate + V: Mixm5688 or Penguin ID (QQ): 3806326575
