Cryptocurrency News
September 24th Hot Topics:
1. Bitfinex Report: With the slowdown of buying pressure in the Bitcoin spot market, it is expected to be in a range-bound fluctuation in the short term.
2. Treasure DAO has approved the migration to ZKsync and plans to launch the mainnet within two months.
3. Polymarket is considering issuing tokens to raise over $50 million.
4. The losses from yesterday have not been recovered. Is it washing the plate or is the selling pressure really too great?
5. Fuel announces the upcoming launch of the mainnet and the second phase of the points program.
Trading Insights
With the same amount of money, you can either feel very bitter about it, or you can feel as easy as if it were a strong wind blowing. The happier you are, the more everything in life feels like a strong wind blowing. Conversely, the more you immerse yourself, the more you feel it's not enough, and the harder you have to work. No matter how much you have, you always feel it's not enough if you don't have the feeling of appreciating and acknowledging what you have. Appreciating and thanking more makes life simpler and better.
LIFE IS LIKE A JOURNEY ▲
Below are the real trading group orders from Da Bai Community this week. Congratulations to the friends who followed. If you are not doing well in your operations, you can come and try it out.
The data is real, and each order has a screenshot taken at the time.
Search for the public account: Da Bai Lun Bi
BTC
Analysis
For Bitcoin, yesterday's recommendation was to go long near 63500. Currently, the position is profitable. The daily chart showed a significant fluctuation, reaching a high near 64750 and a low near 62550, closing around 63300. The support is near the MA7 moving average. If it breaks, it may drop to near MA120. A pullback can be considered for long positions near the support. The resistance is near the MA200. A breakthrough may lead to a target near 65000. The MACD is showing a decreasing bullish trend. The four-hour support is near the MA30. A pullback can be considered for long positions near the support. There is repeated testing near 64400, forming resistance. The MACD is showing a decreasing bearish trend. A recommendation for short-term long positions is near 63235-62580, with a rebound target near 63950-64400.
ETH
Analysis
For Ethereum, yesterday's recommendation was to go long near 2632. Currently, the position is profitable. The daily chart showed a rebound from around 2540 to a high near 2705, closing around 2650. The resistance is near the MA360 yearly line, and the support is near the MA60. A pullback near the support can be considered for long positions. The MACD is showing an increasing bullish trend. The four-hour support is near the MA14. A pullback near the support can be considered for long positions. There is repeated testing near 2680, forming resistance. The MACD is showing an increasing bearish trend. A recommendation for short-term long positions is near 2636, with a rebound target near 2680-2730.
Disclaimer: The above content is for personal reference only and does not constitute specific trading advice, nor does it bear legal responsibility. The market situation changes rapidly, and the article has a certain lag. If there is anything you don't understand, feel free to ask for advice.
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