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Track real-time hotspots in the cryptocurrency circle and seize the best trading opportunities. Today is Wednesday, January 22, 2025. I am Wang Yi Bo! Good morning, everyone. Hardcore fan check-in. Like it and make a fortune. 🍗🍗🌹🌹
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In the past two days, TRUMP and MEME have become popular and attracted worldwide attention, bringing huge exposure and many new participants and new funds. The previous bull market happened because Musk mentioned DOGE and the MEME from the zoo brought a large number of off-exchange users. Therefore, based on this trend, we can see that a bull market requires a large number of off-exchange users, and it cannot be driven solely by on-exchange users. Now that the Trump family is creating MEMEs, it is an opportunity that brings a huge number of off-exchange users and provides enough momentum for the bull market engine. In addition, Trump himself is a crypto-friendly user, and every project team of altcoins is already eager to seize the opportunity. In the coming year of 2025, countless people will witness history. Prepare in advance and you can also create history together.
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Bitcoin started to explore upside from around 102780 in the early hours of the morning, showing a strong and determined trend along the way. Eventually, the price reached a high point of 107246, but encountered resistance and began to pull back. It is worth noting that in recent days, the candlesticks have tested this area four times, each time finding support and rebounding. This phenomenon fully demonstrates the strong support at the 100000 level, like a solid defense line resisting multiple attacks from the bears. The moving averages are also continuously rising, further consolidating the support base below. In this situation, when shorting, the targets also need to be adjusted accordingly to adapt to market changes and trends. Structurally, the high points are also moving higher, which can provide enough adjustment and digestion of the market sentiment brought by Trump. Thus, a new trend in the market is set to begin! The overall direction is firmly bullish at the moment!
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Ether basic compared to Bitcoin trend intraday high 3367 line after pressure, from the overall structure, 4 hours in a range of tug-of-war, and the current market downturn is at the lower rail resistance, there is no definite extension of energy, all conditions allow rebound, below the track as a long position entry point, combined with the current hourly level is in the stage of retracement and repair, the strong resistance below has not been able to break through again, currently bottoming is in progress, when the bottom is cast, it will be a new round of rise!