Only 600 points remain to reach our initial target of 80,000, this pullback depth is quite interesting, the current new low has touched 77,410, and the market remains in the downward correction phase. Are there still users doubting 80,000? When everyone is focusing on the cryptocurrency market, Old Cui is closely monitoring the crypto assets in the U.S. stock market. All three major indices in the U.S. stock market grew yesterday, driving a general rise in crypto concept stocks, with Coinbase shining brightly, increasing by 3.72%. This pattern undoubtedly suggests that a new round of volatility is about to arrive. Another piece of data shows that BlackRock’s holdings have surpassed 800,000, reaching 800,067, and MicroStrategy has also reached 815,063. Those who often read Old Cui's articles should be very sensitive to this data; both of these figures have been watched by Old Cui, who has been buying like crazy from over 300,000 coins, purchasing over 30,000 coins in less than a month. This inevitably makes Old Cui recall the classic phrase, "While you are crying, I am buying." How many people sold their chips during the bear market?

This surge in the short term has led many friends to start questioning the mid-term aspect, always feeling that the recent new highs have a strong destructive power to the previous drops. This has caused many friends to start pondering whether a bull market has really come? From a structural perspective, it currently appears to be in a handover stage without a substantial change. As you can see from the recent increases over the past two days, almost every wave of Bitcoin’s rise will have selling pressure. After each round of increase, there is a clear issue with the accumulation of small coins. This upward trend is the same as last year; after breaking the 110,000 high, other coins did not rise significantly. One flower does not make spring, and the real bull market still needs to be discussed. Regarding this surge, Old Cui's view is merely an adjustment at the mid-term level. A key point is the results of the U.S.-Iran negotiations and Trump's visit to China. If these two matters can be resolved properly, it is highly likely we will encounter the main rising wave of the bull market, and this time node could coincide with interest rate cuts, which will exceed everyone’s expectations and will not be too far off within the next three months.

Old Cui summarizes: Based on the chart, KDJ formed a golden cross yesterday; this wave of increase has not been fully digested yet, and it is expected there will be another wave of growth afterward, with the breach of 80,000 imminent. The new high figure is not auspicious; in terms of metaphysics, I am not optimistic about 79,444, always feeling something will happen. All three RSI values are within the threshold, and RSI1 has a slight bearish signal. Meanwhile, price movements have shown retracement signals within the hourly chart, but on the daily chart, the bullish trend remains strong, focusing on the hourly chart; the lower shadow line created at eight o'clock this morning has disrupted the bullish momentum, achieving a new low and showing a rebound signal. As long as there are no similar bearish candles (dipping 1,000 points) in the short term, the subsequent bullish growth will become certain. Therefore, today, the support low point to enter is around 77,500, and the current trend is close to the new low. For those considering entering long positions, you can try lightly; remember the profits remain unchanged at 500-1,000 points, especially if approaching 80,000; everyone must operate cautiously. If there are any unclear areas, you can directly ask Old Cui, and I would like to reiterate at the end that Old Cui does not engage in community activities.

Original creation WeChat official account: Old Cui Talks Crypto If you need help, you can contact directly.

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。