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(USDT chart) As USDT fell below the HA-High indicator on the 1D chart, the likelihood of further declines is increasing.
Therefore, the key is whether the gap can rise above the HA-High indicator on the 1D chart.
However, since the HA-High indicator on the 1W chart is formed at point 82959B, if USDT is maintained around 82.467B-82959B, the coin market is expected to maintain an upward trend.
USDT is a stablecoin that has a huge impact on the coin market.
Therefore, we believe that funds transferred through USDT play an important role in the volatility of the coin market.
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(USDC chart) Looking at the 1M chart, it is down more than -50%.
Where did so much money go?
USDC is considered an active stable coin by making coins in the coin market into investment products in the stock market.
Therefore, funds using USDC can be understood as funds required to invest in or maintain investment products in the stock market.
Therefore, it is believed that funds are being moved to invest more in the stock market than the current coin market.
Therefore, it is believed that important funds are flowing out of the coin market in starting or maintaining the upward trend of the coin market.
As a result, I believe that the funds flowing into USDT are limiting or reducing the upward trend of the coin market.
No matter how it is, the coin market is expected to maintain an upward trend as long as the funds inflow through USDT are not withdrawn.
Therefore, you should focus on when to proceed with the purchase.
(BTC.D chart) BTC dominance is expected to rise around 56.78-61.73.
Accordingly, caution is required when trading altcoins.
An increase in BTC dominance means that funds are concentrated towards BTC.
Therefore, altcoins are more likely to move sideways or decline.
A drop below 50.49 is required to lead to an uptrend for the altcoin, and a drop to or below the 47.64-48.80 range will feel like an altcoin bull market.
In any case, BTC dominance will rise around 56.78-61.73, so it is better to trade the uptrend of these altcoins in the short term.
Since the amount of money (USDT, USDC) supporting the coin market is moving in the opposite direction, in this situation, I think it is better to consider the trading period larger than mid- to long-term rather than short-term trading.
Looking at the coin market from a mid- to long-term perspective, it can be divided based on BTC 29K.
When BTC is below 29K, you should focus on buying BTC or ETH from a mid- to long-term perspective.
And, proceed with the 1st purchase of altcoins to be held in the mid- to long-term.
If it rises above BTC 29K, you should focus on finding time to split and sell BTC or ETH by buying below BTC 29K.
Therefore, you can split the sale when the rate of return per purchase unit price is 30% or more, or split the sale when the rate of return is 100%.
The timing of such split selling can be set according to your investment style, and you may not sell splits.
However, if it rises above 32K, the range of fluctuation is expected to be large, so it is recommended to proceed with split selling because no matter how profitable you are, if your psychological state becomes excited, you may proceed with a wrong transaction.
When an altcoin rises above BTC 32K, you should start looking for the timing of the second purchase of the altcoin you bought the first time.
If you have not made the first purchase, you need to find the time to buy the altcoin to buy in the 29K-32K section.
Since the second buying period of Altcoins is around BTC 43K, you can proceed slowly with split buying.
When BTC rises above 43K or shows support by touching the HA-High indicator on the 1M chart, we proceed to buy all the coins we have in earnest.
This full-fledged purchase refers to the purchase with the remaining funds minus the reserve surplus funds.
A reserve fund should be set aside between 10% and 20% of the total investment.
This is because the psychological pressure caused by price fluctuations after purchase can be relieved to some extent.
Coins (tokens) bought in this way can be sold when BTC rises to around 81K.
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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註釋
(USDC chart) A gap increase of more than 1% occurred.
We need to see if it leads to further gap rise.
(USDT.D chart) A period of volatility began around July 5 (July 4-6).
Accordingly, it is necessary to check in which direction it deviate from the 6.85-7.27 section.
All in all, it will be a question of whether it can break out of the 6.21-8.25 zone by the volatility period around August 2nd.
If it falls below 6.21, the coin market is expected to start a bull run.
A rise above 8.25 is expected to lead to a major plunge in the coin market.
(BTC. D chart) The correlation between BTC and altcoins caused by fluctuations in USDT dominance can be confirmed by BTC dominance.
An increase in BTC dominance means that funds are concentrated towards BTC.
thus, 1. BTC rises, altcoins fall 2. BTC decline, altcoins fall more than BTC BTC dominance may rise due to fluctuations in 1 and 2 above.
A drop in BTC dominance means that funds are concentrated towards altcoins.
thus, 1. BTC falls, altcoins sideways or stays in an uptrend 2. BTC rises, altcoins rise more than BTC BTC dominance may rise due to fluctuations in 1 and 2 above.
BTC dominance, whether falling or rising, is expected to eventually rise around 56.78-61.73.
註釋
(USDT.D chart) A period of volatility has begun.
We expect this period of volatility to continue until around August 2nd.
Going through this period of volatility, the big picture question is whether it can break out of the 6.21-8.25 zone.
In the movement until July 6, when the first direction may appear, it is expected that the coin market will begin to indicate the direction of the coin market depending on which direction the movement deviates from the 6.85-7.27 section.