HotbitETF

HotbitETF

Yesterday, BTC rose by 4%. Be wary that this is not a warmer market. I'm more convinced it's just a pullback. The price will meet the MA50 at Fib 23.6% and then continue to decline towards the support at Fib -23.6% ($18,176). If you like and support our analysis, please give us a like and leave your comment. 😘 Good luck~☘

HotbitETF

ZEC is forming a descending triangle. Volume has dropped in recent days. If ZEC fails to break above the upper trendline during this round of BTC’s slight retracement. The S1 support area is likely to no longer hold. With the increase of sellers. The price will go to the S2 ($53.50). If you like and support our analysis, please give us a like and leave your...

HotbitETF

In the descending channel, DOT gradually formed the prototype of the head and shoulders pattern. If DOT falls below the midline in the next few days, then retraces to near the midline, and then shows a downward trend, the head and shoulders pattern will be completed. DOT will fall to the lower line of the channel. If you like and support our analysis, please give...

HotbitETF

Hey friends, long time no see. During our absence for the half month, BTC fell from his short-term uptrend channel. A drop of 25%+. BTC has strong support between $18,000 and $19,000, which is also the starting point of this upward channel. If BTC can't hold it, maybe $11,000 in BTC is not far away. If you like and support our analysis, please give us a like and...

HotbitETF

Prices still closed below the moving averages, with short-term bearish momentum. I have drawn the nearest support level and an ascending support trend line on the chart. AVAX might find an adjustment there. If you like and support our analysis, please give us a like and leave your comment.😘 Good luck~☘

HotbitETF

Sure enough, as we expected, the retracement on the 7th and 8th was just an "illusion". BTC is still in a falling bout. Now the price has been corrected, but not quite yet. I think BTC will continue to fall to Fib -23.6% ($21865). It is then supported by an ascending trend line, which opens up a rising round. If you like and support our analysis, please give us a...

HotbitETF Updated 

The market had a big pullback yesterday, which was a bit different from our expectations. Though Looking at the fib, I think it's just a deep 78.6% retracement. In the short-term trend, BTC will remain bearish. It is expected to remain unchanged from the previous low. The $22,400 level is supported by an uptrend line. If you like and support our analysis, please...

HotbitETF

4H candle chart analysis: ETH has formed a double bottom structure, and the retracement is confirmed. From a technical analysis standpoint, ETH is likely to see a rally of at least 6%. But we should note that ETH has come to the strong resistance line of $1,750 again. If you want to complete the double bottom rise, you need stronger support from the buyer. Of...

HotbitETF

I found a beautiful curve. For more than 50 days, ZEC rose and fell in this bow. The $68 barrier looks very strong. But if it can break through it, ZEC has a chance to go to $86.5. If you like and support our analysis, please give us a like and leave your comment.😘 Good luck~☘

HotbitETF

More than half of the week has passed, and BTC has indeed shown a downward trend. However, compared with the previous analysis, the speed of BTC's fall has slowed down. It's only about 2/3 of what it was before, and there's a 3% rally today. Do you think this is a sign of a changing trend? At present, BTC has returned to the descending channel. I remain bearish....

HotbitETF

ETH has come to an uptrend line and we need to confirm in the next few days whether it will break out of this trend. If not, then it will most likely break out of the $1,750 shackles and go above $1,800. From the MACD point of view, DIF is entangled with DEA. Everything will come to an end. If you like and support our analysis, please give us a like and leave...

HotbitETF

UNI has fallen for three consecutive days after hitting a wall in S1. The current gray area lacks demand support, and UNI may fall further. However, there will be two situations. One is to fall to the lower bound of the upper trendline (about $7.84), and the other is to break this trendline to the S2 support area ($6.74). This requires further confirmation. If...

HotbitETF

So, it’s clear. Throughout July, BTC has honestly oscillated upwards within this ascending channel. Now, it's another bearish round. The end point is expected to be at $21,250. Could we see a different BTC in August? If you like and support our analysis, please give us a like and leave your comment.😘 Good luck~☘