After a slight consolidation, BTC is likely to surge again. Weekly settlement data shows a large number of short positions accumulated around 78,700, and the major players will likely liquidate these positions first. Once cleared, the price could easily rise quickly to 79,500, or even the 80,000 mark. I plan to place short orders in this high range and then observe the market's subsequent movements.
There aren't many Ethereum positions left to liquidate, with a large number of short positions concentrated around 2430. Before a significant drop, there's a high probability of a price rally to liquidate these positions. The price will likely reach the previous high of 2430-2450, which is where I plan to short.
$CHIP: Another monstrous coin on the gainers list, its price movement is particularly crazy. Several times before, the price rose by more than 60%, but I didn't buy or sell. After the main force supported and pushed up the price, it indeed hit a new high. I had already positioned myself and had a prediction in mind. As long as I didn't get stopped out, once the profit-taking occurred, the price would drop very quickly. It's more cost-effective to buy now than my cost price. I'll get out of the trap and you'll make a fortune!
$SPACE: Continue to buy on dips. The stock has a high degree of recognition in the "rocket" concept, a small market capitalization, and has already completed its previous correction. It's highly likely to experience a rapid upward surge afterward.
$ASTER: I'm still holding a long position in ASTER. I entered the market yesterday following the trend. I recommend trading it in spot or with low leverage. It's been consolidating for a long time, and there's a high probability of a short-term upward move towards 0.9, with a long-term target of 1.4.
$MOODENG: Besides Hippocoin, I also hold quite a few established meme coins, whose daily and weekly charts show very similar trends. The MACD has formed a golden cross, and short-term upward momentum is slowly recovering. Holding at the current price of 0.06 is very safe, and there's already a guaranteed profit. The first resistance level is 0.064; if it holds above that, the next target is 0.077, with the historical high of 0.098 being the strongest resistance level. The current upward trend isn't over yet; as long as it doesn't fall below 0.055, I can hold with peace of mind and wait for further gains.
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).
