Achievement in analyzing and making predictions definitely does not come from a strategy that allows everyone to capture a large amount of space, but from accurately finding the turning point in adversity and making precise judgments on trend reversals. This is the real skill.

With just over two days left until the Bitcoin halving, after the market experienced a sharp decline last week led by Bitcoin and followed closely by altcoins, everyone is pinning their hopes on the halving. Let's discuss the trend and make predictions about the halving and the market situation. From a historical pattern perspective, each halving has led to price increases, although the timing and extent of the increases have varied. This is because the halving reduces the creation speed, leading to a decrease in supply, naturally triggering a market price increase. Of course, the factors determining the price increase are multifaceted, including market psychology and market environment. However, the existence of patterns provides conditions for reference and learning, just like analyzing market trends, the running pattern of candlesticks is also a very important part of the analysis.

From a trend perspective, after the sharp decline last week, Bitcoin has started to oscillate and adjust this week. In fact, the sharp decline last week did not break the range structure. The price dropped by over ten thousand points, but it only fell from the top resistance to the bottom support of the range. The daily line actually still maintains the oscillation of the large range. In my opinion, this short-term decline will not be a major break on the daily line level. The area near 60,000 will be a good position for our mid-term layout. It may test the area near 59,000, but the daily line will not break. If the daily line breaks, it will be a major decline, and there will be no new highs in the next few months. Therefore, friends who want to buy the dip can consider a layout near 60,000, and other mainstream and altcoins can follow suit. This year is expected to be a bullish year.

In the short term, yesterday we completed a dip buying at around 61,600, and the daily line struggled to close with a small gain. Today, in the early session, we continue to look for a rebound in the short term. We will pay attention to the resistance at 64,800, and the daily line will still focus on the 68,000 watershed. Intraday, we will look for a rebound in the range of 62,800-63,300.

After testing the bottom at 2,785 last week, Ethereum has oscillated and rebounded. Currently, the price is holding steady above the 3,000 mark. After touching the top, the daily line shows a weak downward trend. The short-term resistance is at 3,130. If it can break through and stabilize, it will rebound to around 3,200. In the short term, we will look for a long position in the range of 3,030-3,060.

This article is an original work by myself, Xiaofeng. For more analysis and recommendations, please follow my public account: Xiaofeng's Coin Analysis! The above analysis is only my personal opinion, for reference only. Investment carries risks, so please be cautious when entering the market. Please indicate the source when reposting.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。