¡La leyenda en el equipo de InstaSpot!
¡Leyenda! ¿Cree que es una retórica grandilocuente? Pero, ¿cómo deberíamos llamar a un hombre, que se convirtió en el primer asiático en ganar el campeonato mundial de ajedrez júnior a los 18 años y en el primer Gran Maestro indio a los 19 años? Ese fue el comienzo de un camino difícil hacia el título de Campeón del Mundo para Viswanathan Anand, el hombre que se convirtió en parte de la historia del ajedrez para siempre. ¡Ahora una leyenda más en el equipo de InstaSpot!
Borussia es uno de los clubes de fútbol con más títulos en Alemania, que ha demostrado repetidamente a los fanáticos: el espíritu de competencia y liderazgo que ciertamente conducirán al éxito. Opere de la misma manera que los profesionales del deporte: con confianza y de forma activa. ¡Mantenga un "pase" del Borussia FC y lidere con InstaSpot!
Bitcoin and Ethereum continue to lose ground as the prospects of tighter monetary policy from several central banks grow exponentially. Trading for BTC is currently around $76,700, while Ethereum has returned to $2,100.
As the cryptocurrency market remains under significant pressure, long-term holders are demonstrating confidence in Bitcoin's future by steadily accumulating coins. Data from CryptoQuant shows impressive activity: approximately 316,000 BTC were directed to their wallets over the past month. This trend indicates that large players with a long-term investment horizon see the current prices as an attractive opportunity to increase their positions. Such a strategy often precedes periods of sustained growth, as it reduces selling pressure on the market.
Other indicators confirm this trend, showing a gradual depletion of supply from sellers. Data indicates that nearly 60% of the circulating supply of BTC has been inactive for more than a year. This means that a significant portion of the coins is held by investors who are not inclined to sell quickly, even with short-term price fluctuations. Additionally, the ongoing decline in balances on cryptocurrency exchanges indirectly indicates that coins are being moved off trading platforms, likely for long-term storage.
The overall picture suggests that the Bitcoin market is approaching a phase in which supply shortages from active purchases by long-term holders and low seller activity could lead to a substantial price increase. However, in the current bear market, rushing into long positions is not advisable.
Regarding the intraday strategy in the cryptocurrency market, I will continue to focus on any significant pullbacks in Bitcoin and Ethereum in anticipation of the long-term bullish market, which is still very much alive.
As for short-term trading, the strategy and conditions are described below.
Scenario #1: I plan to buy Bitcoin today upon reaching the entry point around $77,100, with a target for growth to $77,900. At $77,900, I will exit the buy trades and sell back immediately on the rebound. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome indicator is above zero.
Scenario #2: I can buy Bitcoin from the lower boundary at $76,500 in the absence of any market reaction to its breakout back toward the levels of $77,100 and $77,900.
#1: I plan to sell Bitcoin today upon reaching the entry point around $76,500, with a target to decline to $75,400. At $75,400, I will exit the sell trades and buy back immediately on the rebound. Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome indicator is in the zone below zero.
Scenario #2: I can sell Bitcoin from the upper boundary at $77,100 in the absence of any market reaction to its breakout back toward the levels of $76,500 and $75,400.
#1: I plan to buy Ethereum today upon reaching the entry point around $2,124, with a target for growth to $2,155. At $2,155, I will exit the buy trades and sell back immediately on the rebound. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome indicator is above zero.
Scenario #2: I can buy Ethereum at the lower boundary at $2,104 in the absence of any market reaction to its breakout back toward $2,124 and $2,155.
Scenario #1: I plan to sell Ethereum today upon reaching the entry point around $2,104 with a target for a decline to the level of $2,065. At $2,065, I will exit the sell trades and buy back immediately on the rebound. Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome indicator is in the zone below zero.
Scenario #2: I can sell Ethereum from the upper boundary at $2,124 in the absence of any market reaction to its breakout back toward the levels of $2,104 and $2,065.
*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
