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BTC, ETH strategy

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Germany continues to sell off, detailed analysis of the future market trends, pay attention to the direction ⚠️

The latest on-chain data shows 1000 coins being dumped

【Professional Anti-Trouble Maker】
1: Remind BTC will Long Wick Candle 53000 at 8 a.m. on July 5th.
2: Remind BTC at 11 a.m. on July 5 that ETHfall is in place to catch the bottomSpot
3: On the morning of July 5th, a reminder of altcoin capital inflows, the last darkness before dawn
4: Remind at 10:00 am on July 7th that the pressure of 58500 will not break and retreat, short term profit, reduce position
5: Reminder for live broadcast at 9am this morning, 54500 support level will usher in a rebound.
6: This morning's live broadcast dynamic reminder, catch the bottom near ETH2800, ETHSpot

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BTC Alert🔔🔔

A new week has begun, BTC, ETH market analysis

[Love][Love] Weekend review, live at 19:30 [Love][Love]
In the first week of July, accompanied by the compensation of Mt. Gox, the exit of small team Miner, the German seizure and sale of assets, and other Unfavourable Information, the market has gone through a few thrilling days. BTC fell as expected to 53000 and then rebounded strongly to the 58500 resistance level (a retracement was already hinted at in the morning). Altcoin zones also saw 10-30% rebound strength. Since the ETF was approved, market trading has become increasingly inclined towards the U.S. session. Trading volume on Saturdays and Sundays has reached new lows in recent years. The true reflection of market supply and circulation status will only be seen after the U.S. session begins at 21:30. The main reason for the market's short-term selling and subsequent decline is still the lack of buying pressure. When Unfavourable Information is released, retail investors panic and cut their losses, causing the market to fall into panic. This is reflected in the imbalance of market supply during the Asian session. However, overall on-chain futures holdings have not declined, and long-term holders (Whales) have not sold due to short-term fluctuations. In recent days, BTC ETFs have also achieved the highest net inflow in a month. Judging from multiple dimensions, the recent decline and Unfavourable Information will not change the fundamentals of the Bull Market. The Bull Market is still ongoing, and the second phase of the Bull Market has not officially begun. The current market position offers far more opportunities than risks.
BTC is down 10%, up 80-120%, altcoin is down 10%, up 200-500%. This is a long-term high-risk and high-return position. Maintain the judgment at the end of June, and the overall market performance will be good in July and August.
【Market Analysis】The daily structure of BCH has formed a correction structure, with the overall daily structure maintaining a flag consolidation. The long Lower Shadow Pinbar formed on Friday indicates strong buying support at the bottom. However, the sell-off by Mt. Gox and Germany is not over yet, and next week's two speeches by Powell and inflation data such as CPI will affect the market. There are two possible trends to consider:
One: There is an 80% chance that BTC will Rebound above the 59000 resistance level in this round, confirming the bottom at 53000 at this time. After that, the small-scale retracement in the future will not break the new low. After the consolidation and bottoming, a new pump trend will start. The small-scale retracement support is at 55000-56000.
Two: 20% probability, if BTC bounces back from the resistance level of 58500-59500 and fails to break through, it will pull back. After falling below the support range of 55000-56000, it will undergo a second round of pullback to the strong support zone of 52000-53000, with a maximum dip to 50000. After that, it will start the daily uptrend.
I prefer the first trend, with an 80% probability, BTC will not break the new low in this consolidation, and will start a new pump trend after forming a bottom structure. Currently, altcoinzone has 10-30% room to the low point, and it will not break the bottom in the future.
【About interest rate cuts】From Powell's last speech, it is mentioned that inflation has been effectively controlled. The next step for the Fed is more inclined towards the labor market. From the recent employment data, both the unemployment rate and non-farm payroll have shown weakness in the US employment data, with downward inflation and weak employment, unable to support a high-interest-rate market. The probability of an interest rate cut in September has been enhanced. The latest research data from last night indicates that the probability of a rate cut by the Fed in September may have surged to 71.8%. Once the interest rate is cut, there will be a continuous influx of cautious funds into the market, which will help fuel the Bull Market.
【About ETH ETF】I am optimistic about ETH. With the successful confusion of retail investors with smoke bombs and the panic clearance of the downturn, many retail investors have handed over their chips again, achieving their desired goals. Recently, seeing Whales constantly sweeping goods also verified the previous smoke bomb predictions. I believe that ETH ETF may be implemented at any time in the next 1-2 weeks. Many submission forms will be released on the 8th-12th. The short-term target is 4000 and the long-term target is 6000, unchanged.

Explanation of BTC trend, focus on next steps

Breaking news: The possibility of FOMC lowering Intrerest Rate target to 500-525 basis points in September 18, 2024 has surged to 71.8%. Yesterday, it was predicted that BTC would reach 53000 Long Wick Candle and publicly called for a rise with actual trading, 🫴, good night💤

BTC, ETH weekend trend analysis
Rebound lures more or market reversal?

Let's review it, guys. Today is the longest day ever in terms of dynamic. In the morning, I reminded everyone to go long with Long Wick Candle at 53000 and explained that the market would bottom out and recover after the liquidity resumed in the evening session. 2000 people watched the live broadcast to witness the data, once again meeting the expectations of Favourable Information for a rate cut in September. Today, in the big dump, I'm just afraid that everyone will lose their direction, so I haven't stopped reminding. I said that I will always be there on the road to the top, no matter how extreme the market is. I won't speak ambiguously. If it's bullish, it's bullish; if it's a fall, it's a fall. So I can't guarantee 100%, but the final result will not disappoint everyone. Those who understand will naturally understand, and those who don't understand still haven't figured out who is sincere and who is pretentious. Good night 💤
【The Trader Who Will Never Grow】
Lack of execution
Fear of failure
Easily angered
Do not summarize the past
Lack of independent thinking
It's good to ask for others' opinions, but in the end, I'm completely confused.
Like to complain, complain
Can't explain the reason for my own trades
(What kind are you?)

Dry goods, according to this method to explore the potential currency, is expected to have several times the space to eat

Spot
GT
Buy a long position at the current price near 6.3-6.4.
Around 5.3-5.5, increase the position second-hand
short term target 7.5/8.5
medium term goal 10/11
long term goal 15/20

This morning's BTC53000 needle insertion point has been reached, and the ETH2870 needle insertion point has also been reached. The rebound mentioned during the day has also occurred. The trend of the subsequent market will be explained in the live broadcast room later, and tonight's 'Non-Farm Night' battle.

With the panic caused by the selling of Mt. Gox and Germany, the long wick candle on the 53000-day chart appeared in the early morning. After a few hours of selling in the Asian market, the market has recovered its calmness. Let's review the on-chain holdings during this bull market relay, which is similar to the whipsaw tactics of 312 and 519, accompanied by long wick candles in both bullish and bearish directions, and the appearance of old actors like Mt. Gox. Negative news of selling pressure from various regions has been frequent, and miners have been forced to shut down and stop operating. Although the whole market has reached a freezing point and everyone is calling for a bear market, the long-term holders, the whales, have not appeared to sell due to short-term fluctuations in on-chain futures holdings. The reason for the market slump lies in the supply relationship. In the first stage of the bull run, Grayscale's daily selling did not affect the price rise because ETF institutions continued to buy, balancing the supply. Recent selling appeared in Asian markets (non-market maker time). The purchasing power in Asian markets is insufficient, leading to an imbalance in supply and demand, causing large fluctuations in the coin price. Tonight, the market will truly reflect the supply status during the market maker trading time. At 20:30, the US will release non-farm payrolls and unemployment rates for June, which is a critical time for news. I predict that tonight's non-farm payrolls will be less than or equal to the expected 19, which will form a certain favourable information to ease panic and also be favourable information for the Fed's rate cut expectations in September.
[Heart]Currently, the long-term trend of BTC is still bullish, and the fundamental of the bull market has not changed. The target range of 82500/100500 will be reached in this bull market cycle. Although there was a long wick candle near 53000 in the morning session and the bull volume did not continue to supply, the continuous accumulation action at the low level is a sign of bottoming. Once the daily structure shows a huge volume and the lower shadow lengthens, it will be a bottom signal. In terms of BTC, attention is still on the bottom support range of 52000-53000. Ether once again tested the intensive chip area of 2700-2800 today, accompanied by the previous smokescreen, the whipsaw at this time completely made the retail investors give up their chips. Currently, the positions of big whales like Sun are still trapped, and 27.5% of the total market cap is still staked. The exchange inventory has reached a new low of 8 points, and the bear side has run out of food. The spot ETF will be announced at any time in the next 1-2 weeks. At that time, driven by the hot money off the market, the altcoin zone will usher in a strong rebound.
[Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun][Sun]One sentence 'bull still there, brothers now have no choice but to persevere, hold onto the chips, huddle together with the market makers, endure silently, swallow your negative energy, the team's struggle is about everyone's mindset in difficult times, the market is cold and ruthless, we need to bring warmth, the resentment and hardships experienced along the way will be released when we reach the summit together.
"When the wind and waves are strong, sail straight and fear not the old ocean."