BTC falls below the $102000 mark
OKX-BTC/USDT is currently trading at $101800.10, a decrease of 0.16% in 5 minutes. Please pay attention to market fluctuations.
OKX-BTC/USDT is currently trading at $101800.10, a decrease of 0.16% in 5 minutes. Please pay attention to market fluctuations.
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Live streaming room layout real-time order, detailed explanation of order making ideas! ETH's 12 hour golden fork triggers a bullish charge! Is the $4000 mark within reach? 】 Ethereum has experienced a thrilling reversal in the past 12 hours: the price has risen strongly from its low point, reaching the daily pressure level of $3740 at its highest. Although it has since fallen back due to a 15 minute top divergence signal, a "golden cross" pattern has formed on the key 12 hour chart - the 50 cycle moving average crosses the 200 cycle moving average. This classic technical signal has always been seen as a sign of the strong return of bulls, and has also led to a sharp increase in market expectations for ETH to hit the $4000 mark. Strong technical support: Resonance between golden cross and bullish defense line The strategic significance of the golden cross: This 12 hour level golden cross is not only a short-term turning point in momentum, but also resonates with key support. At present, ETH is building its first line of defense in the $3666-3646 range, while the $3607 and $3555-3536 ranges form deeper buffer zones. If the price remains stable at the psychological level of $3600, the bullish structure will be difficult to shake. - Volume and indicator endorsement: During the rebound period, trading volume significantly increased, MACD indicator has reached the zero axis and the momentum column continues to expand. RSI has moved away from the neutral zone and is pointing towards bullish control, further strengthening the technical rationality of the upward trend. The Mystery of On Chain Data Leakage: Whales and Retail Investors Synchronize Bottom fishing - Concentration of holdings: On chain monitoring shows that ETH whale addresses have increased their holdings by 1.82% in the past 30 days, and retail wallets have also increased by 1.87%. Funds are clearly gathering towards the two poles, indicating that the main force is quietly laying out. The power gap between long and short positions: The ETH long short account ratio on Binance platform is as high as 1.91, and the number of long positions is almost twice that of short positions; The multi position wallets across the entire network overwhelmingly outperformed the bears with a ratio of 7:1, and historical experience shows that such extreme ratios often indicate that drastic fluctuations are imminent. Upstream path deduction: Breaking through these barriers will open a $4000 channel If ETH maintains the support of $3600, the breakthrough path can be pushed forward in three steps: First attack in the $3720-3750 range: This position corresponds to the 76.4% Fibonacci retracement level in the $3877-3369 downtrend band, and a breakthrough will confirm short-term dominance. The sword is pointing towards the high of $3800-3880: After stabilizing at $3750, the psychological barrier of $3800 and the recent high of $3880 become key targets. A breakthrough in volume here will completely activate the FOMO sentiment in the market. - Total attack of over $4000: Once the $3880 barrier is cleared, the combination of technical form and bullish momentum is expected to push ETH straight to $4000, and even challenge the resistance level of $4435. Risk Warning: Keep an eye on the two major "gates of life" during the carnival Potential risk of diffusion triangle: A diffusion triangle pattern appears at the weekly level, with continuously increasing volatility. Technical simulations suggest that if it falls below the $3550 support, it may trigger a deeper pullback. Deviation and overbought signals: Short term charts have shown signs of a top deviation. If the continuous upward trend leads to the daily RSI entering the overbought zone (>70), it is necessary to be alert to the main force taking the opportunity to sell and trigger a stampede. 【 Conclusion: 】 The 12 hour golden cross of ETH undoubtedly injects a shot in the arm for bulls, and $4000 is a reasonable technical goal, but it is by no means an easy path. The key to success or failure lies in three points: whether it can maintain the lifeline of $3600, whether it carries sufficient trading volume when breaking through $3750, and whether the market can digest short-term overbought pressure. Traders should currently adopt a dual track strategy of "breaking through momentum and defending key positions" - if they break through $3750, they can place multiple orders in batches, with a target of $3880-4000; Once it falls below $3600, it is necessary to decisively cut losses to prevent a trend reversal. Operation suggestion: BTC 113700 long, first target to see 114500, second target to see 115550; ETH 3580 long, first target at 3650, second target at 3695. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance! Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
According to Golden Finance, eToro analyst Lale Akoner stated that the market underestimated the risk of US tariffs being overturned by federal courts. If this happens, I think President Trump will have to refund these tariff revenues. He may need to go through a longer process. This will lead to more uncertainty. These risks are detrimental to US assets. The purpose of tariffs is to increase revenue, as Trump's tax and spending bills will increase the national debt. The US Federal Circuit Court of Appeals expressed doubts last week about Trump's attempt to justify his use of emergency powers to impose global tariffs.
According to Cointelegraph, the reserve of Bitcoin over-the-counter (OTC) trading platform has dropped to 155000 coins, approaching a historical low. Analysts point out that as companies such as MicroStrategy continue to purchase BTC, when off exchange reserves are depleted, they may turn to exchange purchases, which could lead to supply shocks. According to Glassnode data, the balance of BTC on the exchange is currently 2.919 million, with a profit of over 1 billion US dollars within 24 hours, of which 358 million US dollars comes from long-term investors who have held it for 7-10 years. MicroStrategy has increased its holdings of 182391 BTC this year.
According to Foresight News, Nasdaq listed company Cosmos Health announced that it has reached a securities purchase agreement of up to $300 million with a US institutional investor to launch its ETH treasury strategy. The company will strategically accumulate ETH, and assets will be held and pledged through institutional infrastructure provided by BitGo Trust Company.
OKX-BTC/USDT is currently trading at $113980.10, with a 5-minute drop of 0.07%. Please be aware of the market fluctuations.