Very happy, Big White laid out $ANIME and the Big White quarterly VIP has eaten quite a lot of meat!
This old friend hasn't been here for many days, yesterday I gave him a password, he followed along, and today he happily told me that this order exceeded the door floating! One order directly recouped the cost!
Seeing him in this state, Big White is very happy! The current market is not easy, many old friends have complained to Big White, saying they are trading too frequently and have not grasped the direction, resulting in losses of tens of thousands of U!
So it is very important to grasp the direction, and it is also very important to choose the right cryptocurrencies!
Big White hopes that his analysis and layout can help more friends, Big White will also help those in need, if you analyze well yourself and can make stable profits, then continue to trade on your own!
GM, last night's market drop was really exciting. Fortunately, Big White didn't miss out and positioned a short for $ENJ , and it was a public short too. The interest rate meeting once again brought the market down.
Big White's quarterly VIP also positioned a short for $ENJ , and he was quick to follow up. This old friend has strong execution! Big White really likes such friends.
This old friend's capital is about tens of thousands of U, and when he came, he said he lost over 30,000 U before the New Year, struggling to grasp the direction. He wanted to follow Big White's layout. After the Spring Festival, he saw that Big White's contract passwords were almost all profitable, so he decided to directly follow a quarterly plan.
He came on the 16th, and it's only been about 3 days since then. He has only opened two orders: one $ANIME and one ENJ. Both have been quite profitable. Yesterday he told me that the two orders have made about over 5000 U, and Big White was very happy to hear that! Moving forward, we will continue to lay out together and enjoy the profits!
Still the same words, Big White only helps friends in need, and hopes to help more friends!
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The daily line closed with a long lower shadow bearish candlestick, indicating that buying support has started below, but whether this support can hold steady still depends on future performance.
The daily MACD has confirmed a death cross, with DIF and DEA values at -1.2 and 10.5 respectively, and the histogram has turned negative, indicating that the bearish momentum at the daily level has not yet been fully released.
The daily RSI is around 44, close to the edge of the oversold zone, while the RSI on the 4-hour chart is around 30, which is a relatively low level.
ETF has seen a net outflow for seven consecutive days: a total of $392 million has flowed out over the past seven days, and institutions have a cautious short-term attitude.
BTC is currently hovering around 66500, having dropped about 4% in the past 24 hours, with a low reaching around 65550, marking a new low in the past two weeks. The price has broken below the 20-day moving average, and the short-term trend has clearly weakened. From the candlestick patterns, the daily level shows a weak structure with lower highs and broken lows, and the upward channel on the 4-hour chart is also facing a breakdown risk.
The MACD indicator is negative, located below the signal line, indicating that bearish momentum is still being released.
The RSI has dropped to around 30, near the oversold zone, and on the 4-hour chart, it has reached a low position, making a technical rebound possible at any time.
The Fear and Greed Index plummeted from 32 to 23 yesterday, entering the fear zone. Over the past 24 hours, the total liquidation across the network exceeded $450 million, with long positions liquidating $400 million.
Is there any news about $TAO ? It seems many people are shorting at the wrong time and have been squeezed; now the funding rate isn't that low anymore. At this moment, shorting around 346 still has cost-effectiveness! You can see this trend as well; there are big opportunities to short!
If the dog fund doesn't take action, this wave down is reasonable!
Eternal decline, this $M I don't think can last much longer, the dog fund is definitely observing the data at this position, watching how many people are short in the market, how many short positions are above. There are many short positions, and if they are significant, they might push it up. Currently, the market trend is a bit weak, so I estimate we should wait for opportunities!
Observe his funding rate, if it turns negative, they might still push the market up. As long as it remains positive, they might gradually sell off. Let me know when they start selling off.
Eternal decline, this $M I don't think can last much longer, the dog fund is definitely observing the data at this position, watching how many people are short in the market, how many short positions are above. There are many short positions, and if they are significant, they might push it up. Currently, the market trend is a bit weak, so I estimate we should wait for opportunities!
Observe his funding rate, if it turns negative, they might still push the market up. As long as it remains positive, they might gradually sell off. Let me know when they start selling off.
Today's trading volume is approximately 599 million, which is at a medium to high level. The volume-price relationship is still relatively healthy, and there is no obvious divergence, indicating that market sentiment is quite rational.
Looking at the 4-hour level, the price is being pressed by a descending trend line, which is the first hurdle for a short-term rebound. Although the daily MACD has turned from negative to positive, it is moving relatively flat, showing no significant upward momentum, indicating that the strength for rising is still not quite sufficient. RSI is hovering around 50, a neutral position, capable of moving up or down.
Ethereum spot ETF has seen a net outflow for six consecutive days, with 8.5 million USD flowing out again on March 25, totaling a net outflow of 447 million USD. This indicates that some institutions have a cautious short-term attitude, reducing their exposure to ETH.
Upper resistance: 2200-2230
Lower support: 2080-2050
Based on the current trend, a buy can be made at the lower level to catch a rebound.
Preparing to buy around 2090-2060, with a stop-loss set near 2040, adjusting the layout according to market trends!
The fast line of the daily MACD is still below the slow line, but the histogram has turned red, indicating that the downward momentum has indeed weakened, and it may be brewing a reversal.
The KDJ indicator has formed a golden cross at a low level, and market sentiment is slowly recovering.
The J value of the KDJ at the 4-hour level has surged above 80, indicating it may be a bit overheated in the short term and could pull back at any time.
The long and short forces are rebalancing.
Upper resistance: 72000-73000
Lower support: 69500-68500
From the current trend, it might be a good idea to enter a long position at the lower level and then open a short when it rebounds!
Prepare to enter a long position in the range of 69600-69200 to catch a rebound! Set the lower defensive position around 68800. Always be ready to adjust strategies based on market trends!