CryptoWallStreetDaniel

Recently, be cautious about going long, as large block trades are pushing prices up. Watch out for inflation; cryptocurrencies could be a black swan.
1. US lawmakers propose a bill to permanently ban central bank digital currencies
2. Murbank crude oil breaking $100 per barrel could impact Bitcoin
3. Michael Saylor hints at buying more Bitcoin
4. US stock index futures decline by up to 2%
5. Raoul Pal: Global liquidity growth may drive a reversal in the crypto market
6. Nasdaq lifts restrictions on Bitcoin ETF access

$ETH Evening thoughts:
Second Bitcoin (ETH) failed to break below the triangle and found support at 1927, then started to rebound and broke through the triangle. However, it is now facing resistance at 1985 and cannot sustain the upward momentum. Without breaking through 1985, it cannot continue to look higher; only a breakthrough above 1985 can target the 2015-2052 range. Currently, ETH is testing the upper boundary of the triangle again, which could hold and give another chance to challenge 1985. If it cannot hold, a drop below 1927 would lead to a retest of around 1860. When it can't go up

Low buy, the market will arrive as scheduled
Tactical direction: Low buy ambush
🎯 Ambush point: 1917 - 1927.
🛡 Strict stop loss: Break below 1890. If it breaks here, it indicates that the large-scale downward structure is fully formed, and the underlying logic is completely destroyed. Dare to hold on and fight? Just cut your losses!
💰 Partial profit-taking: First position at 1985, reduce position; second position at 2055, close all. When the price reaches these levels, firmly stash the profits in your pocket, lock in gains, and stop dreaming of sudden wealth during this garbage time.

The trend is actually gradually changing; just buy on dips.

The number of pullbacks is increasing, pay attention to your position.