#数字货币市场回调 Last night, the crypto world and the US stock market plummeted simultaneously, and the culprit was the Japanese Central Bank's announcement of a rate hike this month. We cannot underestimate the impact of this matter on us—once global liquidity tightens, the pricing of various assets will need to be reassessed.
Looking back at yesterday's battle: I placed a long order at the 84800 line, it dropped to 84700 at the lowest before starting to rebound, and during the opening of the US stock market, it surged to 86700, directly gaining a space of two thousand points. However, the resistance at 86900 was still not broken, and then it retraced all the way down to around 83800. Now the market is starting to rebound again, but the key is to keep an eye on the support at 82300—if it breaks, it will be like a flood, but if it holds, there will be a chance for a rebound.
Looking at the 4-hour chart, the morning star pattern has emerged, which is a strong bullish signal. The price has also broken through the short-term moving average, and momentum is recovering. However, the trading volume has shrunk significantly, so it's hard to say how far this rebound can go. Looking at the long-term moving averages, they are still trending downward, indicating that the overall structure has not fully repaired yet.
$BTC Strategy: Consider long positions in the 85900-86350 range, with the initial target at 88500, aiming for 89800 after a breakout.
$ETH Strategy: Long position layout in the range of 2758-2765, target 2863, break through to see 2895.
The market is like this now; fluctuations are to be expected, and the key is whether you can catch the rhythm.
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FancyResearchLab
· 17h ago
Playing with the Morning Star trap again, it should theoretically work, but with such low Trading Volume, I'm daring to take a counter pullback. I'll try this intelligent pit first.
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Layer3Dreamer
· 12-02 05:50
theoretically speaking, if we model the BoJ's rate hike through a recursive SNARK framework... the liquidity contraction becomes this elegant state verification problem, no? but ngl the volume dried up faster than i expected lol
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APY追逐者
· 12-02 05:50
The Bank of Japan is really causing trouble, this plummet is truly well done.
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zkProofGremlin
· 12-02 05:46
The Bank of Japan's move has directly tightened global liquidity, and we are also suffering the consequences here... We must hold the 82300 level, or else it will really flood.
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SnapshotStriker
· 12-02 05:45
The Bank of Japan is pulling this stunt, and are we going to get played for suckers again? With such weak trading volume, any rebound is meaningless.
If it breaks 82300, it’s really over; we still need to wait for the trading volume to warm up before making any decisions.
I don't really trust this morning star pattern; the long-term trend is still in a dip, and any rebound is just a bull trap.
A shrinking volume rebound is the most misleading; let’s wait and see, don’t follow the trend and chase the price.
86900 is capped so tightly; the indicators haven’t recovered yet, let’s observe two more Candlesticks.
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SchroedingerAirdrop
· 12-02 05:38
The Bank of Japan's operation this time is truly remarkable; when liquidity tightens, everyone has to kneel.
If 82300 breaks, it's game over; this support point must be held.
With the volume shrinking like this, to dare to rebound is truly bold.
I feel it's precarious whether BTC can hold above 85900 this time.
For ETH, entering a long order at 2758 depends on whether it can perform well or not.
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GhostInTheChain
· 12-02 05:34
The Bank of Japan's recent move is really something, directly locking global liquidity, and we were caught off guard here.
We really need to hold this 82300 line, otherwise it will be awkward.
With the volume shrinking like this, do we dare chase a rebound? I think it's unlikely.
#数字货币市场回调 Last night, the crypto world and the US stock market plummeted simultaneously, and the culprit was the Japanese Central Bank's announcement of a rate hike this month. We cannot underestimate the impact of this matter on us—once global liquidity tightens, the pricing of various assets will need to be reassessed.
Looking back at yesterday's battle: I placed a long order at the 84800 line, it dropped to 84700 at the lowest before starting to rebound, and during the opening of the US stock market, it surged to 86700, directly gaining a space of two thousand points. However, the resistance at 86900 was still not broken, and then it retraced all the way down to around 83800. Now the market is starting to rebound again, but the key is to keep an eye on the support at 82300—if it breaks, it will be like a flood, but if it holds, there will be a chance for a rebound.
Looking at the 4-hour chart, the morning star pattern has emerged, which is a strong bullish signal. The price has also broken through the short-term moving average, and momentum is recovering. However, the trading volume has shrunk significantly, so it's hard to say how far this rebound can go. Looking at the long-term moving averages, they are still trending downward, indicating that the overall structure has not fully repaired yet.
$BTC Strategy: Consider long positions in the 85900-86350 range, with the initial target at 88500, aiming for 89800 after a breakout.
$ETH Strategy: Long position layout in the range of 2758-2765, target 2863, break through to see 2895.
The market is like this now; fluctuations are to be expected, and the key is whether you can catch the rhythm.