On October 19, Bitcoin began to enter a phase of sideways consolidation. European Central Bank President: Europe must establish its own digital asset market to maintain financial stability.

CN
3 hours ago

Cryptocurrency News

October 19 Hot Topics:

1. Four Meme is about to launch a token name protection feature to prevent duplicate creation and confusion.

2. Smarter Web Company CEO: Confident that Bitcoin financial companies will become one of the most valuable enterprises in the world.

3. The UK tax authority has sent "demand for payment" letters to about 65,000 cryptocurrency investors, intensifying the collection of undeclared taxes.

4. According to Cointelegraph, Robinhood has tokenized 500 U.S. stocks and ETFs for EU users on Arbitrum.

5. U.S. White House National Economic Council Director Hassett: Trump still hopes for a friendly resolution to the government shutdown issue.

Trading Insights

Here are some practical insights to help you trade more efficiently!

  1. Focus on the "leader" Bitcoin is usually the barometer for market trends; while Ethereum and other quality coins can occasionally move independently, altcoins are generally influenced by it.
  2. Pay attention to USDT reverse signals When USDT rises, be cautious of Bitcoin falling; when Bitcoin peaks, it’s a good time to buy USDT.
  3. Early morning "easy profit" tips Between 0-1 AM, price spikes can occur; domestic users can set low buy orders for desired coins and high sell orders for holdings before sleeping, which may lead to unexpected transactions.
  4. Around 5 PM, watch for time zone differences, as U.S. investors become active, potentially causing price fluctuations; historically, many price movements occur at this time.
  5. Don’t panic on "Black Friday" Although there’s a saying about significant drops on Fridays, large increases or sideways movements are also common; there’s no need to be overly anxious, just pay attention to the news.
  6. Strategies for quality coin declines If a coin with trading volume support declines, don’t panic; holding for 3 days to 1 month is likely to break even; if you have extra funds, you can buy in batches to lower costs; if not, just wait.
  7. For spot trading, "less movement, more observation" For the same coin, holding long-term and reducing trades yields higher returns than frequent operations; patience is key.

LIFE IS LIKE

A JOURNEY ▲

Below are the real trading signals from the Big White Community this week. Congratulations to those who followed along; if your trades are not going well, you can come and test the waters.

Data is real, and each trade has a screenshot from the time it was issued.

**Search for the public account: *Big White Talks Coins*

BTC

Analysis

Bitcoin's daily line rose from a low of around 106,250 to a high of around 107,450 yesterday, closing around 107,100. The support level is around 106,050; if it breaks, it could drop to around 104,700. A pullback can be a good opportunity to buy. The resistance level is around 108,300; if it breaks, it could reach near the MA7 moving average. A rebound to this area can be a good opportunity to short. The MACD shows a decrease in bearish momentum. The four-hour support level is around 106,350; if it breaks, it could drop to around 105,550. A pullback can be a good opportunity to buy. The resistance level is around 108,150; if it breaks, it could reach near the MA30. A rebound to this area can be a good opportunity to short. The MACD shows an increase in bullish momentum, forming a golden cross.

ETH

Analysis

Ethereum's daily line rose from a low of around 3,815 to a high of around 3,925 yesterday, closing around 3,885. The support level is around 3,790; if it breaks, it could drop to around 3,675. A pullback can be a good opportunity to buy. The resistance level is around the MA7 moving average; if it breaks, it could reach around 4,075. A rebound to this area can be a good opportunity to short. The MACD shows a decrease in bearish momentum. The four-hour support level is around 3,795; if it breaks, it could drop to around 3,725. A pullback can be a good opportunity to buy. The resistance level is around the MA30; if it breaks, it could reach near the MA60. A rebound to this area can be a good opportunity to short. The MACD shows an increase in bullish momentum, forming a golden cross.

Disclaimer: The above content is personal opinion and for reference only! It does not constitute specific operational advice and does not bear legal responsibility. Market conditions change rapidly, and the article may have some lag; if you have any questions, feel free to consult.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink