April 24 Market Analysis Overall, looking at Bitcoin and Ethereum on the 4-hour chart, both are still operating within an upward channel, and the structure has not been broken. There isn't much room above the channel anymore. The overall trend remains bullish, but on the daily chart, the upward move is basically complete. A brief analysis of 🐶's behavior. $BTC ‌ Bitcoin is currently fluctuating between 78,575 and 77,403. The downward spike yesterday can be ignored. The low points on the hourly chart are gradually rising. As long as it does not fall below 77,483, the downside space remains limited. Two dips to the lows, each higher than the last, and two hammer candles formed, indicating strong support below and that the bears can't push it down. Only a volume breakout above 78,575 can challenge the previous high of 79,444. The only critical defense level is 76,500; if broken, a further sharp decline is expected. If not broken, it will continue to oscillate and consolidate, waiting for a clear direction. Trading Operations Volume breakout above 77,997: go long on the right side Volume drop below 77,437 and fail to recover on the rebound: go short on the right side, with strict stop-loss If the hourly chart stabilizes above 77,997, target 78,575-79,444; if it cannot hold above 77,997, it is weak. A 4-hour drop below 77,553 suggests further downside to 76,533-74,979. Resistance above: 77,997, 78,575, 79,444 Support below: 77,356, 76,521, 74,968 $ETH ‌ Trading Operations Volume breakout above 2,320: go long on the right side Volume drop below 2,299: go short on the right side, with a good stop-loss A bounce off 2,249 support can be longed; if it falls below 2,219, stop immediately. If the hourly chart stabilizes above 2,320, target 2,359-2,387. A rebound to 2,387 can be used to set up a short position; a break above 2,422 stops the loss. Left-side orders: buy at 2,182, stop-loss below 2,144. Resistance above: 2,320, 2,359, 2,387 Support below: 2,299, 2,253, 2,215 Overall, the market is currently oscillating, and it’s better not to enter prematurely. Wait for a clear breakout or breakdown signal before acting, and just ensure proper stop-loss placement. #btc走勢

I just came across a great discussion about what FOMO in crypto is, and this is truly an issue that many people face but don’t realize. FOMO is a psychological phenomenon where, when you see prices surge, everyone around you is making profits, and then you start to fear missing out on the opportunity. You chase the price rally, buy when the price is already high, and hope you’re still in time to join the trend. It’s a feeling of social pressure combined with fear, and it often leads to highly emotional trading decisions. I’ve noticed that FOMO in crypto is especially common among retail investors. You see Bitcoin or Ethereum double in price, you see people posting profit on social media, and then you feel like you have to jump in. This sense of urgency is amplified by Discord groups, Twitter, and comments about price charts. People tell each other that this is the final chance, and you don’t want to miss out. Its mechanism is quite simple. When the market is rising, positive news floods in; when you see others making money, the pressure to participate becomes very strong. You don’t need any strategy—just FOMO is enough to make you hit the buy button. As a result, many people buy at short-term peaks, and when the market drops, they suffer heavy losses. Economically, FOMO in crypto affects the market quite significantly. It creates artificial demand for tokens during hype phases, increasing trading volume and fees. This market sentiment can distort token valuation in the short term, regardless of what the actual fundamentals may be. This also impacts how tokens are distributed, especially in airdrops or initial sales. You could say the benefit of FOMO is that you have a chance to make quick profits if you’re lucky enough to catch a strong rally. But the risks are far greater. You’re likely to buy at the top and take major losses. You make impulsive decisions without doing any research. You might over-invest in extremely volatile assets. Avoiding FOMO in crypto is pretty clear, but it’s hard to do. You need to set specific investment goals, follow your trading plan, and not let emotions or social pressure drive your actions. Focus on fundamentals and the project’s long-term value rather than the current price. That’s it—but to do it requires a lot of discipline. I’ve found that understanding what FOMO in crypto is can help you avoid costly mistakes. It’s not a trading tool or a strategy—it’s an emotional reaction that you need to control. The people who succeed in the crypto market are often the ones who can resist FOMO, not the ones who chase after it.

Everything is over, the entire network is shorting 🤣 #crypto #BTC #ETH #Bitcoin #Cryptocurrency