ETH breaks through the $3200 mark
OKX-ETH/USDT is currently trading at $3199.63, with a 5-minute increase of 0.18%. Please be aware of market fluctuations.
OKX-ETH/USDT is currently trading at $3199.63, with a 5-minute increase of 0.18%. Please be aware of market fluctuations.
Click on the link to join: https://meeting.tencent.com/dm/7qHC8UBEyoKP Price Trend Analysis K-line shape: At the 4-hour level, there was a long lower shadow line that bottomed out at 3045 and rebounded, forming a short-term support structure. The daily chart closed positive after three consecutive bearish lines, but did not break through the previous high of 3265, still in a downward channel. Technical Indicators: MACD: The 4-hour DIF and DEA have a golden cross below the zero axis, but the daily MACD bar continues to shrink, indicating insufficient kinetic energy. RSI: The 4-hour RSI (14) rebounded from 37 to 45, leaving the oversold zone but still below the 50 median; The daily RSI (14) of 49.14 indicates a neutral to weak trend. EMA: The price rebounded above EMA7 (3123), but was suppressed by EMA30 (3168), and the 120 day moving average (3120) formed dynamic support. Turnover On the day of the sharp decline (December 12th), the volume increased by 143186 transactions, but later rebounded and decreased to 25048 transactions, indicating insufficient follow-up from buying. The recent low of 3045 has been accompanied by daily trading volume, confirming the existence of strong support at this position. [Trading Point] Buy Point 1: 3090 USDT (near the 4-hour EMA120 support level of 3120, combined with the previous low of 3045 rebound structure, the integer level of 3090 is available for buying) Buy Point 2: 3060 USDT (a strong support area at the daily level, located 1% above the December 13th low of 3045, in conjunction with a second testing opportunity after exploring the bottom with high volume) Long stop loss point: 3030 USDT (3% space below the previous low of 3045 to avoid false breakout interference) Sell Point 1: 3160 USDT (4-hour EMA30 resistance at 3168 and 50% Fibonacci retracement from band high at 3265, plus integer pressure) Sell Point 2: 3200 USDT (at the technical selling pressure level close to the starting point of the sharp decline, 3231, at the upper edge of the bonding and compression zone between the daily EMA7 (3156) and EMA30 (3163)) Short Stop Loss Point: 3230 USDT (Breaking through the previous high of 3231 indicates a trend reversal and strict stop loss is required) Official QQ fan group: 338581646 Click on the link to join the group chat: https://qm.qq.com/q/7wtSGlsCuQ Tencent Meeting ID: 122-357-356 Trading is a long process. By adjusting your mindset, grasping the short term, and being able to hold onto the long term, you will definitely generate a chemical reaction in this market. Welcome to join the Wanxiang blockchain community and experience a different kind of trading Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
Data from the past 12 hours shows that the main force has a net inflow of $109.8 million, with a strong willingness to buy, especially in the range of $90200-90500. The cumulative transaction volume of major buying orders by the main force has exceeded $60 million, indicating strong support in the region. However, in the latest 2-hour cycle K-line, prices are still suppressed by the EMA24 and EMA52 moving averages, and trading volume continues to shrink, indicating a strong wait-and-see sentiment in the market. Combined with the enhanced momentum of the MACD bar chart and the signal of RSI breaking through the uptrend line, if BTC can hold steady at $90500, it may initiate a rebound market. Main force dynamics reveal key points, helping you accurately grasp the timing of changes! Open a membership, track major orders, and gain insight into market trends ahead of time! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.
Ashes monitoring shows that Bitget now supports direct trading of all tokens on the Solana chain through the main site account. The platform currently covers on chain tokens such as Ethereum, Solana, BSC, Base, and Morph, and held 73% of the market share of on chain US stock token trading in the first week of December. Bitget is building a one-stop "super app" by expanding on chain token trading and tokenizing US stock business. (Ashes)
[Bitcoin Treasury Company Strategy Will Remain in the Nasdaq 100 Index] Bitcoin Treasury Company Strategy will remain in the Nasdaq 100 Index and is expected to stay in this benchmark index for one year. Some market observers believe that the company's business model of buying and holding Bitcoin, which has inspired dozens of imitators, is more akin to an investment fund.
[American Bitcoin Increased Holdings by Approximately 623 BTC in the Past 7 Days, Total Holdings Reached 4,941 BTC] The crypto mining company American Bitcoin, supported by the Trump family, increased its Bitcoin reserves by approximately 623 BTC over the past seven days, of which about 80 BTC came from mining revenue and 542 BTC from strategic acquisitions in the open market. As of now, American Bitcoin's total Bitcoin holdings have risen to 4,941 BTC, with a current market value of approximately $450 million.