Ezeket az információkat marketingkommunikációnk részeként küldjük el lakossági és professzionális ügyfeleink számára. Nem tartalmaznak és nem tekintendők befektetési tanácsnak vagy javaslatnak, sem bármilyen pénzügyi instrumentummal való tranzakcióra vagy kereskedési stratégia használatára irányuló ajánlatnak vagy felkérésnek. A korábbi teljesítmény nem garantálja vagy jósolja meg a jövőbenit. Az Instant Trading EU Ltd. nem képviseli vagy garantálja a szolgáltatott információk pontosságát vagy teljességét, illetve nem felelős bármely, az elemzéseken, előrejelzéseken vagy a Vállalat munkatársa által adott információkon alapuló befektetések esetleges veszteségéért. A teljes felelősségkizárás itt található.
Technical Analysis of BTC/USD: Bulls Retreat as Pull-Back Begins
Crypto Industry Insights
- ETF Surge: Investment products in digital assets saw a significant $1.7 billion increase in the past nine weeks, spurred by anticipation of ETF emergence.
- Inflows Snapshot: Bitcoin attracted over $1 billion last month, while Ethereum recorded a $126 million inflow, signaling a notable shift in sentiment.
- Balanced Portfolios: Even small Bitcoin allocations positively impact risk-adjusted returns and diversification, offering valuable alternatives in investment portfolios.
Bullish Trends on BTC and ETH
- Bitcoin Resilience: Despite a -4% dip following Binance's settlement, Bitcoin rebounded to $44,000, fueled by industry cleanup, Federal Reserve guidance, and imminent spot Bitcoin ETF approval.
- Ethereum's Strength: Positive funding rates, high trading volume, and leverage contribute to Ethereum's optimistic outlook. Gas price increases impact deflationary characteristics, amplifying price movements.
Technical Market Outlook
- Bearish Doji Trigger: A Bearish Doji at the $44,517 swing high initiated a -3.75% pull-back, with a local low at $42,851. The market consolidates in a narrow intraday zone, anticipating US Non-Farm Payrolls data.
- Key Levels: Intraday support at $42,851, with focus on the next level at $42,440. Resistance near $43,934. Short-term demand zone at $38,477 - $38,029. Bulls eye $48,200 as the next target.
Understanding Pivot Points
Pivot Points serve as crucial markers in technical analysis, aiding in the identification of potential trend reversals, support, and resistance levels in financial markets.
Key Levels for the Week:
- WR3 (Resistance 3): $48,468
- WR2 (Resistance 2): $43,348
- WR1 (Resistance 1): $42,881
- Weekly Pivot: $40,228
- WS1 (Support 1): $38,761
- WS2 (Support 2): $36,108
- WS3 (Support 3): $31,989
Trading Outlook: Key Highlights
- Bulls Eye $48,200: The primary focus for bulls is a target of $48,200, indicating the potential for a sustained long-term uptrend.
- Critical Support Levels: The outlook remains positive as long as the critical level of $19,572 is not decisively violated.
- Long-Term Technical Support: Essential long-term technical support is situated at $32,829 and $31,790, providing a foundation for market stability.
Useful Links
Important Reminder
The begginers in forex trading need to be very careful when making decisions about entering the market. Before the release of important reports, it is best to stay out of the market to avoid being caught in sharp market fluctuations due to increased volatility. If you decide to trade during the news release, then always place stop orders to minimize losses.
Without placing stop orders, you can very quickly lose your entire deposit, especially if you do not use money management and trade large volumes. For successful trading, you need to have a clear trading plan and stay focues and disciplined. Spontaneous trading decision based on the current market situation is an inherently losing strategy for a scalper or daytrader.
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