Can Bitcoin's Christmas market still surge? Large amounts of funds are flowing out of various altcoin chains; the primary market token SEI has surged to the list of gainers; are there still opportunit

CN
10 months ago

Bitcoin 4-hour Chart

The trend line on the 4-hour Bitcoin chart was broken yesterday, and a bear trap was set below the trend line, only to be quickly pulled back and rebounded. This is a reminder that breaking through for shorting may not always be safe, as per Dow's theory. Breaking through for shorting and breaking through for longing often lead to many traps in the market. The bearish expectation mentioned last week also aligns with this trend line. However, please remember that Monday is often not the true direction, just like the small stream before the opening of the US stock market may not really be an uptrend, but often just a stop-loss hunting action.

Short-term Operation Suggestions

Suggestions for a Bullish Direction:

  1. If the market retraces near the VAH41800 level with a strong presence and momentum, profits should be aimed upwards at this point.

Best Bullish Expectation Operation

  1. Pay attention to the multiple tests at the 40200 level without breaking through from December 11th to today, December 9th. This is the stop-loss point for long positions. If the market makes a strong move to hunt stop-losses for long positions and firmly stands above 40200, completing a 15-minute pattern change, profits should be aimed upwards at this point.

Bearish Expectation Operation Suggestions

When the market approaches the double top near 43800, and this is also the POC from December 6th to December 19th, where the turnover is most intensive and shows more signs of funds choosing to go long after the price rises above 43000, the POC is at 43800. In other words, there are trapped long positions above.

If the market breaks through to the 43700-800 level again and completes a pattern change in 15 minutes, profits can be seen in a pullback.

The above are personal opinions and not intended as leverage market operation suggestions.

The market has been hot recently, with various sectors continuously reporting good news; the returns are lucrative. The primary market token SEI surged on Binance today, showing excellent performance.

In August, the Gold Mountain community launched SEI; last Saturday, the remaining locked tokens were released according to the release rules; the full release is complete. Currently, it is immersed in the joy of doubling.

Recently, primary market tokens have brought surprises; from tia at 0.65, which yielded 23 times the return in the secondary market. An investment of 10,000 U has already yielded 230,000 U, equivalent to RMB 1,600,000.

ACE, launched in December last year at 0.4, surged to 50 times yesterday. It is currently maintaining a return of over 33 times. A secure return of 330,000 U from an investment of 10,000 U, equivalent to RMB 2,310,000.

The cryptocurrency market earns cognitive money; when the market starts to decline, it means your opportunity has come. If it keeps rising, on the contrary, the risk is always in the upward trend. In this market, opportunities are always reserved for the prepared. If you get into the primary market, and the market rises again, you will never miss out. You will always be involved in this bull market. Regarding established cryptocurrencies, if it's time to get into spot, do it. Don't be afraid of being trapped. The risk is when the bull market has started, and you start chasing. Risks often occur during the upward period.

Currently, the community is launching the L2 layer's four major flagship project ZKSYNC.

You can still get in and seize this bull market. It is about to be the most explosive bull market. With the approval of spot ETFs, more hot money is entering the cryptocurrency market. The market's height is beyond your reach, only when you are in the market, are you related to this bull market.

Creating a High-Quality Circle

Spot is the main focus.

I will share some content: as shown in the following conditions:

Overall position ≥ 10,000 U. If you want to join, follow me.

(Operating with a few hundred or a few thousand U has too small a space. If you don't have it, you can also send a private message. If you pass the screening, you can join. Purpose: to grow and strengthen, and create brilliance in the next bull market turnaround!

That's all for the article. I will do a more detailed analysis in the communication group. If you want to join my circle, please follow directly.

I won't write an article today. Click on the colored words above and check out today's market analysis.

Click on the light-colored words above to see the latest market layout. The market changes in an instant. For more market information, please follow me

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