I, a commoner, have been working hard in Nanyang, striving to survive in the chaotic market, not seeking fame among the nobles, but seeking to be true to my heart. I really like a quote from Robert T. Kiyosaki, "The love of money is the root of all evil, and poverty is the root of all evil." I believe everyone in the coin circle is here to profit. I hope that in the days to come, my market analysis can help everyone gain a lot in the coin circle. The sea of learning is boundless, and learning is endless. Continuously increasing one's knowledge and combining one's own trading habits can help one survive and achieve their ambitions in the coin circle.
First, let's analyze the recent market trends of Bitcoin and Ethereum, as well as the analysis of ORDI and SATS.
Bitcoin (BTC) is currently priced at 43100. In the short term, the overall direction will not be considered for now. Looking at the bullish trend, on the 4-hour timeframe, it has temporarily fallen below the MA30 moving average at 43400. The MA120 moving average is currently a very strict support level for our short-term trading at 42300. Strictly speaking, as long as it does not break the MA120 moving average, long positions can be held. If it can rise above the MA30 moving average, the trend will be repaired, and the bullish direction will be more clear. The trading volume is average, and in the short term, there is a possibility of a new high. Looking at the 1-hour timeframe, the price has fallen below all moving averages, indicating a short-term downtrend. However, it is worth noting that when it fell below 42500 last night, there was no significant increase in trading volume, and it rebounded instead. Therefore, there is a certain possibility of a short-term rebound. Currently, it remains to be seen whether the price can rise above the moving averages. If it does, the rebound strength will not be weak. My suggestion is: as long as BTC does not break 42300, long positions can be held, and if it rises above 43400, long positions can be added. In the short term, aim for a new high, and in the medium to long term, target around 48000.

Ethereum (ETH) is currently within an upward channel on the daily chart, with no significant price fluctuations. The price has stabilized near the MA30 moving average at around 2150, showing a relatively good trend. Looking at the 4-hour timeframe, it has a relatively good pattern, with a range-bound movement and all moving averages above. In the short term, attention should be paid to the support levels around 2270 and 2230. If they are not broken, long positions can be held for the long term. I believe it should have a good performance this week. Looking at the 1-hour timeframe, the moving averages have not crossed yet, and only when it rises above 2330, I estimate that a moving average crossover will occur, which will be the strongest period. In the short term, as long as the MA120 moving average is not broken, long positions can be added, and the price has already crossed the moving averages, indicating a bullish crossover, signaling an imminent change in trend. My suggestion is: as long as it does not break 2270, there is no need to worry about a short-term pullback. If you want to enter long positions at a lower price, as long as it does not break 2230, long positions can be held. It is still advisable to focus on entering long positions at lower levels.

ORDI, regardless of the timeframe, has performed very well today. I also suggested in the core group to buy around 52, although the profit was not as much as expected. The main reason is still the analysis I made in yesterday's article. The pressure from the three major resistance levels has been broken through, with the first level at 57 already being broken through with significant trading volume, the second level at 68 is currently being tested, and there is still pressure around 70. The moving averages have completely failed to keep up with the price fluctuations. My suggestion is to maintain a wait-and-see attitude until a new high is broken through. If it fails to break through this level, it is very necessary to retest the support of the moving averages. The overall strategy is still to focus on the strength of this rally. Do not chase ORDI until 70 is broken through. My suggestion is: wait and see. If it breaks through 70 with significant trading volume, it is advisable to add long positions. If it does not break through, I still recommend entering long positions at lower levels, around 56-57.

SATS, looking at the 4-hour timeframe, a bullish candle has crossed above the MA30 moving average with significant trading volume, indicating a clear bullish trend in the future. This wave of rally can aim for a new high. On the daily chart, it is also a bullish performance, with a bullish candle crossing above multiple bearish candles, indicating a strong bullish trend. For this coin, I suggest that everyone can continue to profit from entering long positions at lower levels. My suggestion is to continue holding long positions, and if there is a pullback, you can also enter long positions.

All the above suggestions are personal opinions and do not constitute investment advice. There are risks in the coin circle, so trading should be cautious.

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