The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
After a discouraging session in which most cryptocurrencies suffered heavy losses, Bitcoin and Ethereum have demonstrated a solid rebound in the first half of today's trading. At the time of writing, Bitcoin is testing the $105,200 level, while Ethereum appears poised to break through $3,559.
While market participants await a potential rally that could follow the resolution of the US government shutdown, Visa has launched a pilot service enabling companies to send stablecoin payments directly from fiat accounts to crypto wallets. This move underscores the growing recognition by major financial institutions of the potential and increasing adoption of digital currencies. Visa's initiative could act as a catalyst for the broader commercial integration of stablecoins in the global payment infrastructure.
Despite ongoing challenges and an arguably overheated crypto market, interest from technology firms remains strong. More companies and individual investors continue to explore the advantages offered by digital assets and blockchain — including faster transaction speeds, lower costs, and enhanced transparency.
From an intraday trading perspective, my strategy remains focused on buying dips in Bitcoin and Ethereum, anticipating that the broader bullish market structure will persist in the medium term.
Bitcoin
Buy scenarios
Scenario 1: Enter long positions around $105,200, targeting $106,500. Close longs and take profit near $106,500, then consider shorting on a rebound. Before entering a breakout trade, ensure that the 50-day moving average lies below the current price and that the Awesome Oscillator remains above zero.
Scenario 2: Consider buying from the lower border of $104,200 if there is no downside breakout, targeting $105,200 and $106,500.
Sell scenarios
Scenario 1: Enter short positions near $104,200, targeting $102,700. Take profit and switch to long positions near $102,700 on a dip. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero.
Scenario 2: Consider shorting from the upper border of $105,200 if there is no upward breakout, targeting $104,200 and $102,700.
Ethereum
Buy scenarios
Scenario 1: Buy near $3,559, targeting $3,634. Take profit and look to short near $3,634 on a rebound. Before entering a breakout trade, ensure the 50-day moving average is below the current price and the Awesome Oscillator is above zero.
Scenario 2: Buy from the lower border of $3,508 if there is no downward breakout, aiming for $3,559 and $3,634.
Sell scenarios
Scenario 1: Sell Ethereum around $3,508, targeting $3,446. Close shorts and switch to longs near $3,446 on a dip. Before selling on a breakout, confirm that the 50-day moving average is above the current price and the Awesome Oscillator is below zero.
Scenario 2: Consider shorting from the upper border of $3,559 if there is no breakout, targeting $3,508 and $3,446.
In summary, while the crypto market continues to display high volatility, today's rebound suggests that bullish sentiment remains intact. The ongoing institutional involvement, exemplified by Visa's latest initiative, reinforces the view that the integration of blockchain-based payment systems into traditional finance is accelerating — potentially laying the groundwork for the next phase of crypto market expansion.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
