Recently, several cryptocurrencies have performed well. Taking BEAT as an example, the slight correction last night has basically come to an end, and the support level on the hourly chart is now quite solid. More importantly, on-chain fund monitoring data shows that a large amount of capital is flowing in, which usually indicates the prelude to the next upward trend.
From the perspective of Bitcoin liquidity, the overall market is currently in a state of accumulating strength. The next key step is to wait for trading volume to cooperate; once a breakout with increased volume occurs, it is likely to form a trend. ETH's movement is also following a similar logic.
However, it must be clarified that everyone's risk appetite is different, and specific take-profit levels vary depending on the coin. If you want to understand more precise target levels and risk management plans, you can further communicate through community discussions.
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LiquidityWhisperer
· 6h ago
The shakeout is basically over. Now it's all about whether the trading volume is strong enough; with increased volume, it will take off.
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faded_wojak.eth
· 6h ago
Capital inflow is a good sign, but how long this wave can last depends on whether the trading volume is strong enough; otherwise, it might just be a false alarm.
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AirdropHustler
· 7h ago
After the shakeout ends and funds enter the market, I've heard this explanation quite a few times. The key still depends on whether the volume supports it.
Recently, several cryptocurrencies have performed well. Taking BEAT as an example, the slight correction last night has basically come to an end, and the support level on the hourly chart is now quite solid. More importantly, on-chain fund monitoring data shows that a large amount of capital is flowing in, which usually indicates the prelude to the next upward trend.
From the perspective of Bitcoin liquidity, the overall market is currently in a state of accumulating strength. The next key step is to wait for trading volume to cooperate; once a breakout with increased volume occurs, it is likely to form a trend. ETH's movement is also following a similar logic.
However, it must be clarified that everyone's risk appetite is different, and specific take-profit levels vary depending on the coin. If you want to understand more precise target levels and risk management plans, you can further communicate through community discussions.