AMA on X

BTC (-1.81% | Current Price 110,982 USDT) Recently, BTC has entered a continuous correction after encountering resistance at the high of 113,200 USD, showing a clear downward channel structure. The current price is hovering around 111,500 USD, having maintained a low level for several hours. In terms of moving averages, the short-term moving averages (MA5, MA10) have crossed below MA30 multiple times, indicating that the bears still dominate. It is worth noting that BTC has formed a short-term low around 111,100 USD, accompanied by a slight rebound, indicating that there is some support in that area. If BTC can consistently hold the range of 111,000–112,000 USD, there may be further upward recovery in the short term, with a target focus on the resistance level near 113,500–114,000 USD; conversely, if it falls below 111,000.

The Crypto Assets market has once again stirred, with LAUNCHCOIN showcasing an impressive rise of over 53.4% within just 24 hours. This astonishing performance has swiftly pushed its market capitalization beyond the $80 million mark, making it one of the rare high-growth cases in the recent market. However, in the face of such drastic market fluctuations, investors need to maintain a cautious attitude. The high volatility of the Crypto Assets market means that price trends are difficult to predict, and entering blindly may bring significant risks. In this case, rational analysis and professional guidance are particularly important. Investors should closely monitor market dynamics, while also considering broader economic factors, such as macroeconomic data, which may impact the Crypto Assets market. It is worth noting that although certain Crypto Assets may exhibit exciting short-term rise, the overall trend of the market remains complex and variable. The trend analysis of mainstream Crypto Assets like Ethereum (ETH), as well as the movements of major trading platforms like Binance, are important indicators that investors need to closely monitor. Overall, it is crucial to remain calm and rational in the Crypto Assets market. Do not be misled by short-term significant rises, but rather make investment decisions based on comprehensive market analysis and personal risk tolerance.

#LAUNCHCOIN# finally got it right this time.

Reversal candle printed last week for $Launchcoin , Expectig a massive Move for $Launchcoin SRSI weekly is around the lowest, Momentum is for the upside. Expect a move upp if we break this long BULLFLAG

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