鱼人ing
鱼人ing
A serious old OG, an all-rounder!
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Prepare your operations in advance
Today is the 28th, and in two days, the 29th/30th, the May Day holiday will begin.
1⃣ The market has made a double top correction. In the coming days, think bearishly; if it rises, you can short it. The stop loss is at the previous high, and if it goes higher, it will reach 80,000.
2⃣ For those holding long positions, reduce your positions and exit when the price is high, and enjoy the holiday with peace of mind.
3⃣ The same applies to spot trading; keep your powder dry. The profit effect in the secondary spot market is too poor right now, and without insider information, it's impossible to buy coins.
4⃣ In the Meme primary market, if there are good hot spots, you can go for it, but avoid PVP; they all require holiday fees.
5⃣ In the coming week, Brother Fish will basically not operate unless there is good news.
What a comfortable rhythm! Last night, I made over 20❌️ in profits, and $Open is steadily rising as well, currently nearing a 40% gain!
The fan section is still waiting.
Starting to position around $Chz at about 0.033, waiting for a breakthrough at the high point of 0.064, holding onto the spot!
The profit-making effect is still there, brothers, you must keep up!!
On April 22, Bitcoin reached a high of 79,472.
Today's high is 79,485 as of now.
If you have long positions here, you might consider reducing some, as we should be cautious of a potential double top formation.
However, I still hope it can break through 80,000 in one go.
鱼人ing
Good afternoon, brothers!
✅️ Market Review
Yesterday, the BTC rebounded strongly, reaching a high point not seen in nearly two months, peaking around 79,500, just a point shy of breaking the $80,000 mark. The $80,000 area is a strong resistance zone, and then it entered a period of correction and consolidation. The altcoins are relatively weaker compared to BTC, just following its lead.
✅️ Today's Market Analysis
Overall, I expect continued correction and fluctuation today. Currently, the market data shows BTC around 78,000 and altcoins around 2,350. A high-level correction is quite normal; there hasn't been a downward trend formed here. In my personal view, after this consolidation, there will still be a rebound. Even if there is a significant correction, it will likely form a double top structure. There are two possibilities here: BTC could gather strength and directly surge above $80,000, or it could continue to rebound to around 79,500 before coming down, so be cautious about chasing shorts at this position!
Daily Resistance and Support
BTC 78,800/79,500/80,000
78,000/77,400/76,800
ETH 2,370/2,400/2,450
2,330/2,300/2,250
✅️ Spot and Altcoins
Currently, there doesn't seem to be any leading action from any sector; I haven't seen any sector's top coin emerging with a leading trend. The overall market rebound still focuses on the meme sector.
The last wave of increases was quite significant for
Neiro, Sats, Rats, Pepe, etc.
Let's take it step by step!
