After breaking through short-term support, Bitcoin accelerated its decline, and this should be the final drop. I predicted yesterday that it would fall to around $90,000 after breaking the minor support, and the lowest point has now reached $90,700. Looking at the short-term chart, it's basically bottomed out. All the previous gains have been wiped out, and the $90,000 level remains a strong support level. It's highly likely that a bottoming signal will appear around this level.
I plan to place multiple buy orders around 90,000, adding one at 89,800 and another at 89,500. After such a rapid decline, it's easy for the price to stop falling and rebound with a long lower shadow. As long as I accurately predict the low point, I can at least make a decent profit, and it might even rebound directly to around 92,500.
Ethereum's price action is exactly as I predicted; the C-wave decline has indeed become an extended wave. After a period of minor fluctuations, it accelerated its decline again, with sharp drops. There are no signs of a bottom yet, but the remaining decline should be limited. Comparing it to the three-wave decline pattern, this current C-wave decline is the most powerful.
I predict the low will be around 3050, which coincides with the Fibonacci retracement level. Therefore, I plan to place a buy order at 3062, which is also a previous strong support level with ample support. Moreover, the selling pressure from this accelerated decline has been largely absorbed. As long as another low is reached, a rebound is highly likely. If the long position can be successfully entered, it should yield at least a hundred points of profit.
Recently, ARPA and DASH, both in the anonymity sector, have seen particularly sharp increases in Altcoin. Currently, aside from AI and DeFi, other sectors are experiencing rotational price increases. If you missed this surge in anonymity coins, just hold onto your AI and DeFi holdings. BCH and BNB were dragged down by the overall market; your previous target prices remain unchanged, so continue holding without panic.
$1 is surging again! I made a small profit on the first wave and then exited. I didn't get any of the orders I placed last night, but it's not a big deal. The price has already gone up so high, it's really not worth gambling on. The theme of this thing is just so-so, it's all driven by strong market manipulators, there's no real market sentiment. If you rush in now, you're just betting that the manipulators want to keep pushing it up and don't want to cash out immediately.
If there were truly strong sentiment supporting it, the "1" on the Sol chain wouldn't be performing so poorly. Once the position is heavily invested, the market manipulators feel they've harvested enough, and the probability of them dumping the stock and fleecing retail investors immediately skyrockets. Let's look for other opportunities later; if that doesn't work, we'll move on to the next one—the next one will definitely be more compliant!
DASH: This wave of price movement in privacy coins has probably come to an end. After breaking through the low point of the sideways consolidation, I quickly went short.
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).
