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[CZ Says He Gets Trapped Every Time He Buys Crypto, Reminds to Be Cautious About Risks] CZ posted on the X platform, stating that he gets trapped every time he buys crypto, including buying BTC at an average price of $600 in 2014 before it dropped to $200, and buying BNB in 2017 before it fell by 20%-30%. He revealed that he added to his position again yesterday and reminded everyone to be cautious about risks, while also stating that he will no longer disclose his holdings in the future.
Click on the link to join the meeting directly: https://meeting.tencent.com/p/7890471408 Bitcoin (BTC) intraday trend analysis 1. Price and Range The current price is fluctuating within the range of $108500-106000 and has not broken through the key resistance level of $110000, indicating a weak short-term structure. The recent low has hit the $106500 area, and if it falls below the $106500 support, it may further drop to $103000 or even $100000. 2. Technical signal Moving average system: The 50 day moving average forms a dead cross with the 100 day moving average, and prices continue to run below the short-term moving average, increasing bearish momentum. Indicator: The MACD bar chart continues to be positive but gradually decreases in volume. After KDJ is overbought, it turns downwards, indicating a weakening of bullish power and the existence of opportunities for rebound and short selling. Quantity and energy: Trading volume has been sluggish recently, and there is insufficient quantity and energy when prices rebound, indicating cautious market confidence. 3. Operational suggestions Rebound Short Selling: Lightly position short in the $110000-111000 range, with a target of $10800-106500 and a stop loss set above $112500. Long at support level: If the price stabilizes at $106500, you can try taking long positions with a light position, aiming for $109500-110000, and strictly stop below $103000. ____________________________________ Ethereum (ETH) intraday trend analysis 1. Price and Range The current price is fluctuating within the range of $3750-3950, with resistance at $3960-4000 above and key support at $3800-3820 below. If it falls below $3800, it may further explore the $3740-3650 range; If you stand firm at $3800, you may test the pressure of $4000 in the short term. 2. Technical signal Form: The daily chart shows a "double top" pattern, with resistance of $4200 remaining unbroken multiple times, indicating significant bearish pressure. Indicator: MACD bar chart shrinks, KDJ is neutral (69), but RSI is close to oversold area (35-40), indicating technical rebound demand. Quantitative energy: When the rebound occurs, the trading volume rises but does not continue, indicating insufficient bullish momentum. 3. Operational suggestions Rebound Short Selling: Lightly position short in the $3920-3960 range, target $3750-3800, and stop loss above $4000. Long at support level: If the price stabilizes at $3800, you can try taking a long order with a target of $3920-4000 and a stop loss below $3750. ____________________________________ Market sentiment and risk warning Overall environment: The cryptocurrency market is affected by Federal Reserve policies, institutional fund flows, and the performance of altcoins. Currently, institutional funds continue to flow out of Bitcoin ETFs (such as $1.9 billion in outflows), leading to a decrease in market risk appetite. Key events: Attention should be paid to the US employment data (released on November 4th) and the progress of the SEC's approval of the Ethereum ETF, which may trigger short-term volatility. Risk control suggestion: If the intraday fluctuations intensify, it is recommended to strictly set stop loss and control the position within 30% to avoid chasing gains and selling losses. Join the Three Kingdoms College Exchange Group to receive 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! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 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.
A surging U.S. dollar and expectations of slower Fed rate cuts fueled a broad crypto sell-off, sending bitcoin and ether to multi-month lows.
[Peter Brandt Predicts Bitcoin May Bottom Out at $60,000] On November 4, trader Peter Brandt predicted, based on the power-law model chart from JDK Analysis, that Bitcoin might bottom out at $60,000. Cointelegraph's analysis shows that the BTC weekly chart confirms a descending wedge pattern, with the price losing support at the $114,550 trendline. Bulls are striving to keep the price above the 50-week Simple Moving Average (SMA), which is currently at $103,300. Key support levels include the psychological threshold of $100,000 and the 100-week moving average at $82,000. If the weekly closing price falls below this range, Bitcoin may drop toward the wedge target price of $72,000, representing a 30% decline from the current price.
[Whale That Previously Profited $23.31 Million from Shorting Turns to Accumulating ETH] Crypto analyst Yu Jin's monitoring shows that a whale or institution, which previously borrowed and sold short 66,000 ETH and profited approximately $23.31 million, has recently completed a suspected shift from short to long positions. About 1.5 hours ago, the address transferred $91.2 million USDC to Binance and withdrew 110,000 ETH (approximately $386 million) from Binance. Combined with the previously repaid 64,000 ETH short position, the address has withdrawn approximately 174,100 ETH (approximately $621 million) from Binance in the past 24 hours, indicating that the position has fully shifted to spot or long configurations.
[49,999 ETH transferred from Binance to an unknown address, valued at approximately $175 million] According to Whale Alert data monitoring, 49,999 Ethereum (ETH) were transferred from the Binance exchange to an unknown wallet address. The total value of this transfer is approximately $175,445,747 (calculated at current market prices). Such large transfers often attract market attention and may involve institutional fund movements or other significant transaction activities.