Bitcoin stands tall! What to do if you haven't entered a position? Where to escape the peak? Come and take a look!
As shown in the figure, Bitcoin has formed a W double bottom pattern. If it smoothly stands above the neckline, it will be a true breakout. Even 120,000 may not hold back, and it is expected to test the previous high of 124,000 again.
So if you are still in cash, you can enter a position with a small coin when Bitcoin pulls back near the neckline of 118,000, such as SOL, which is the most favored by Shuqin, as well as its ecosystem coins PUMP and Pengu. I mentioned that I want

🤣 Off the charts! Do you know? The U.S. government is going to shut down tonight! What will happen to the crypto world?
The two parties in the U.S. have failed to reach an agreement on the budget, refusing to give in to each other, which has led to a government shutdown. The unemployment rate data that was supposed to be released on Friday may not come out now. Currently, U.S. stock index futures have plummeted by 1%, and cryptocurrencies have a layer of de-dollarization property, so even though the U.S. stock market is crashing, the crypto world remains relatively stable.
Actually, the trend

The crypto world has started a comprehensive Rebound! October will be full of highs and lows, so hurry up and check it out with Benqin.
The first configuration for Shu Qin is Sol and the Sol ecosystem coins Pump and Pengu, because the Sol spot ETF will definitely be approved in October, I say, it will definitely happen! Therefore, Sol and its ecosystem coins will see a good rebound.
As Shuqin has mentioned to everyone these days, the Pump has successfully dropped to 0.005, pulling back by 40% to allow everyone to buy the dip. It has already risen by 20% to 0.006 early this morning, and the bot

The quiet September is about to pass! Will the big market restart in October?
As shown in the figure, historically, Bitcoin has only experienced two major bear markets in October where it closed down; all other Octobers have closed up, making it the month with the most explosive potential. Moreover, the explosive timing often occurs in late October, which should coincide with the interest rate cut on October 30. At that time, I will completely exit the market.
In contrast, September has historically been the worst-performing month for Bitcoin. Fortunately, this month is coming to an end, and t

The bottom is getting closer! Where to buy the dip? Come and take a look with Benqin.
1. As shown in the figure, the 【Ethereum funding rate】 has already turned negative, which has historically been a signal close to the bottom, with a success rate of about 85%. Shuqin talked about this in yesterday's video, at that time ETH was 3900, and as a result, it soared to 4080 early this morning.
So those who haven't bought before don't need to be too anxious; the bottom will be tested multiple times. Now, don't you see it has come back again? The support at 3880 for ETH is pretty good,

Here it comes! The latest PCE inflation data from the United States is here! Will this be Favourable Information this time? Everyone, look at the picture.
The PCE this time meets expectations! The core PCE also meets expectations, so the overall result is in line with expectations and has a minor impact~
Note: Results below expectations are Favourable Information, while the opposite indicates negative news. If they meet expectations, it is neither good nor bad, with a minor impact.

Extreme panic! The market sentiment is completely in a frenzy, indicating that the bottom is gradually approaching. The current big dump is mainly driven by the US stock indices, which we had warned about before the plunge last night.
Currently, the main buy orders are still slightly above 105,000 and 107,000, indicating strong support. After falling to this level, a significant rebound may begin.
The current price is gradually approaching our target, which we announced a long time ago. Looking back now at the price on the day the Federal Reserve cut interest rates, it really feels a bit like

The US stock index futures have formed a bearish belt hold, dragging down the Crypto Assets. Bitcoin is barely maintaining at 110,000, and it's uncertain if it can hold.
After the Fed's interest rate cut, the favorable factors have all been exhausted, and the dream-filled bulls have been cut down. Bitcoin should not hold up this time and will likely return to around 107,000. The main force is trying to protect the market, but it's not certain they can hold it. I have already placed my buy orders near the previous low of 107,000, standing by. If they dare to come down, I will dare t

It's not easy, Bitcoin has finally been rescued. This morning, the long wick candle broke but was pumped back up. This counts as a false breakdown, and it seems the market maker is still stabilizing the market. We can still swing trade.
I can understand that some investors are bearish, but as long as the current support level is not broken, there is an opportunity for a rebound. If it breaks and cannot recover, then we will stop-loss and adjust our strategy. If it truly breaks below 115,000, the next support level will be just above the previous low of 107,000, which is another place for a

Where is the typhoon going to hit?

Oh no! The crypto world has finally welcomed a Rebound, where will it rebound to? Will it still fall? Let's take a look.
As shown in the picture, the crypto world has welcomed a second bottom test as we discussed yesterday. Bitcoin has strong support above the 114,000 support level, with many people placing buy orders, leading to a rebound in the market. This rebound is expected to reach around 113,000 to 114,000 before determining the next direction.
The market is currently worried that this may just be a fall continuation, and the ultimate support will be above 107,000. We still need mor

Has Ethereum bottomed out? Can we buy the dip?
From the candlestick chart, ETH has certain support around the previous low of 4050-4100, and it is expected to rebound to 4230-4300. But is this the bottom? Everyone, take a look at the chart.
The 4-hour MACD is still in a death cross. Wait for the selling momentum to decrease, and when the MACD forms a golden cross, it will actually be a more reliable entry signal. You can check if there are any secondary bottom-buying opportunities for bottom positions. For other positions, it's also fine to wait for confirmation of the MACD momentum turnin