Cryptocurrency News
July 23 Hot Topics:
1. Bloomberg Analyst: BTC, ETH, and SOL combination spot ETFs may emerge, but the potential may be limited.
2. U.S. Congressman: The Secret Service knew about the gunman 57 minutes before the assassination, but did not remove Trump from the scene.
3. WazirX hacker still has $5 million after selling Uniswap, Chainlink, and other alts.
4. Market News: A South Korean court has issued an arrest warrant for the founder of Kakao.
5. ZK Rollup network Zircuit completes a new round of financing, with participation from Binance Labs, among others.
Trading Insights
We are currently in the early stages of a bull market, and the market has not fully taken off yet. Each stage of a bull market has its own characteristics. Early bull market: Bitcoin leads the rise of mainstream cryptocurrencies, followed by well-known mainstream coins, while altcoins follow slowly, with some showing strong performance. Mid-term bull market: Bitcoin and Ethereum prices fluctuate upwards, mainstream cryptocurrencies accelerate their rise, and altcoins also begin to strengthen gradually. Late bull market: Bitcoin prices may fluctuate downwards, while altcoins like Ethereum continue to climb, and secondary altcoins may see astonishing gains. At this stage, investors may feel anxious due to the poor performance of their value coins, but frequent trading is not a wise strategy. Choosing and sticking to your investment targets, and patiently waiting for market rotation, is a more rational choice.
LIFE IS LIKE A JOURNEY ▲
Below are the real trading signals from the Da Bai Community this week. Congratulations to those who followed, and if your trades did not go well, you can give it a try.
The data is real, and each trade has a screenshot taken at the time.
Search for the public account: Da Bai Lun Bi
BTC
Analysis
Yesterday, Bitcoin suggested shorting near 67650, and is currently profitable. The daily low yesterday dipped to around 66500 before closing near 67500. The bottom support is near the MA7 moving average. If there is a pullback, positions can be built near this level. The upper resistance can be observed around 0.786 (near 67800). The MACD is showing a decrease in bullish momentum. The four-hour support is near the MA30. Positions can be built near this level if there is a pullback. The MACD is showing an increase in bearish momentum. Short positions can be added near 66388 and 65300 for a rebound target around 66900-67500.
ETH
Analysis
Yesterday, Ethereum suggested shorting near 3495, and is currently profitable. The daily chart showed a pullback from around 3535 to near 3440. The lower support is near the MA90. Positions can be built near this level if there is a pullback. The upper resistance can be observed near the MA60. The MACD is showing a decrease in bullish momentum. The four-hour support is near the MA60. Positions can be built near this level if there is a pullback. The resistance can be observed near the M7 moving average. The MACD is showing an increase in bearish momentum. Short positions can be added near 3377 for a rebound target around 3420-3465.
Disclaimer: The above content is for personal reference only and does not constitute specific trading advice, nor does it bear legal responsibility. Market conditions change rapidly, and the article has a certain lag. If there is anything you don't understand, feel free to ask for advice.
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。
