Share today's performance! 13,000U credited! So happy! Especially NXPC, it's like giving money away! Nailed it precisely! I've been on a winning streak lately, and the brothers have also benefited a lot! If you recognize Brother Wen, you can arrange a round! Brothers who want to play together can arrange it! Professional matters should be left to professionals; seize the opportunity to enjoy the rewards!
$BTC BTC yesterday dropped sharply from around 69000 to 65500. Today, it has rebounded slightly and is currently steady at around 66500, closing with a small bullish candle. The 65000 level has held up quite well, indicating a potential short-term bottoming and rebound.
If it can break through 67500-68000 with increased volume, there is hope for a continued rebound, reclaiming what was lost;
However, if it breaks below 65000 again, it may have to test previous lows. Overall, this correction feels more like a consolidation phase, with a short-term bias towards oscillating rebounds.
$BTC BTC broke below 70000, directly falling to the 68000 support level. The current price is around 69,000. Trading volume has moderately increased, indicating that the bears are somewhat exhausted, and bottom-fishing funds are slowly entering the market. However, 70000 has now become a strong short-term resistance level, and the overall situation is entering a critical support testing phase.
From a technical perspective, after breaking 70000, the descending channel remains effective, with 68000 being a previously dense support level and an important psychological barrier. RSI is already close to oversold, showing initial positive divergence; although MACD has a death cross, momentum is clearly weakening, and volatility has also compressed, indicating the typical characteristics of the end of a washout.
In the short term, there is a high probability of oscillating and building a base in the 68000-69000 range:
If it can hold above 68000 + a strong bullish candle with increased volume, there is a chance to rebound and test 70000-72500.
If it fails to hold 68000, it may accelerate to retest the next strong support level at 65000-66000.
$HIPPO HIPPO this is a bit too awesome! Directly smashed in one minute! 28 points, too ruthless!
The script wouldn't even dare to act like this, chasing it is too risky, I don't dare to chase the already soaring altcoins. Just take a look! It might be like this, a sudden drop, in the next minute!
Yesterday, the price surged to around 71700 but was immediately pushed down, hitting a low of around 68800 before quickly rebounding. From the K-line pattern, it is clear that a head and shoulders bottom structure has formed here, and the small-scale pullback has confirmed the low point of the right shoulder.
The most critical aspect now is the overhead resistance: 71400, 72500. If we can break through with increased volume, the head and shoulders bottom pattern will be fully established, and the rebound target will likely head straight for the previous high!
Based on this pattern, wait for a pullback to gradually accumulate long positions in the 70000 - 69000 range.