I am Zhang Lihui, born for trading. If you have any questions, you can always follow me. It is foolish to enter the market rashly, and it is wise to find the right person. A small boat drifts in the sea. If you don't hoist the sail, you will drift in the sea forever. Lihui currently has in-depth and unique insights into various currencies in the currency circle. Each analysis is not an emotional game or a release of emotions. Each opening and closing is a professional performance. Lihui strictly demands himself to write each analysis report carefully and convey valuable investment thoughts, hoping for value and gain!
In the financial market, Bitcoin has always been known for its dramatic price fluctuations. Investors often try to predict the future trend of Bitcoin, but sometimes the market may reverse unexpectedly. Let's take a look at an unexpected scenario where Bitcoin, which we originally thought would fall, rose against the trend after a series of ups and downs.
At first, the Bitcoin market experienced a series of seemingly unfavorable factors. Some pessimistic predictions set the price of Bitcoin on a downward trend, triggering market concerns. Investors began to reduce their holdings of Bitcoin, and the market sentiment began to turn pessimistic. The downward trend gradually intensified, and people became doubtful about the future of Bitcoin.
However, just as everyone was preparing to see a continued decline in the price of Bitcoin, the market situation underwent a dramatic change. A well-known investor expressed the view on social media that the value of Bitcoin was severely undervalued and gave a buy signal. This statement attracted the attention of many investors, and the market sentiment shifted from pessimistic to optimistic.
The unexpected reversal did not stop there. As the downward trend eased, the Bitcoin market began to show signs of stability. Subsequently, a series of positive news began to emerge. Some large institutions announced that they were starting to accept Bitcoin payments, increasing its acceptance. Governments and regulatory agencies also began to formulate more friendly cryptocurrency policies, further boosting market confidence.
The warming of Bitcoin prices brought in more investors. These new buying pressures not only offset the previous selling pressure but also pushed up the price of Bitcoin. The market began to experience a wave of upward trends, with prices steadily rising.
In this unexpected scenario, the ups and downs of Bitcoin brought great uncertainty and opportunities to the market. Investors who dared to believe in the potential of Bitcoin reaped rich rewards by maintaining optimism in extremely pessimistic market moments and ultimately seizing the opportunity to rise against the trend.
This story tells us that predicting trends in the financial market is not an easy task. Although we may be confused by the surface conditions of the market, the key is to develop an understanding of subtle changes and possess the ability to analyze calmly. Only through in-depth research and rational decision-making can we gradually gain insight into the true dynamics of the market.
The example of Bitcoin shows us the unpredictability of the market and the possibility of reversals. To succeed in investment, we need to remain cautious and hold firm beliefs. Only in this way can we seize the opportunities inherent in market fluctuations and achieve investment returns.
Bitcoin's market trend: Short above 67300 during the day, with targets at 66790, 66180, and 65300; the price touched 66180 at the 1-hour EMA120 and rebounded, gaining a perfect 1100 points; currently above 67000, EMA15, EMA180, and the middle track of the Bollinger Bands form three support points at the bottom; it is suggested to enter a short position at 68500 and a long position at 66800; the market changes rapidly, so set stop-loss and take-profit levels and act accordingly!
The overall trend of Ethereum during the day is basically consistent with my previous article, finding support and rebounding above 3340 at EMA15; it is currently in a phase of range consolidation, and it is recommended to enter the market after a breakthrough, with attention to 3580-3600 on the upside and 3525-3507 on the downside; the market changes rapidly, so operate cautiously and act accordingly!
I interpret world economic news, analyze the global trend of the currency circle, and have conducted in-depth research on Bitcoin, Ethereum, Litecoin, DOT, EOS, BAB, SOL, and other currencies during my study in the United States. For those who are not familiar with operations, feel free to comment and leave a message!
This article is exclusively published by Zhang Lihui and does not represent any official position. The publication of the article is subject to review delays, and the above points are for reference only. Investment is a practice of balance, understanding what to choose and what to give up, so as to be like a fish in water. Lihui is willing to walk with you on this road, becoming stronger and happier!
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