New wave start section: 61099.25-65920.71

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USDT is sideways, and USDC is showing a slight downtrend.

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(NAS100USD 1D chart)

NAS100USD is sideways near 19852.4.

If it is supported and rises near 19252.4, it is expected to lead to an attempt to rise above 20313.8.

If not, and it falls, it should check for support near 19582.6, which is an important support and resistance area.

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(IBIT 1D chart)

IBIT is the stock with the highest trading volume among spot ETFs.

Since the current chart was created not long ago, the role of support and resistance points may be weak, so caution is required when trading.

The key is whether it can rise above the 36.32-36.64 area and receive support.

If not,
1st: 35.40
2nd: 34.18
It is necessary to check for support near the 1st and 2nd areas above.

In particular, the M-Signal indicator of the 1W, 1D chart is passing near 35.40, so it is important to check whether there is support near this area.

From a trend perspective, the area near 34.18 is near the midpoint of the parallel channel, so it is an important support and resistance point.

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With the launch of investment products related to BTC in the stock market, the movement of the stock market cannot be ignored.

Therefore, caution is required as the movement of the coin market may follow the movement of the stock market.

However, if more funds flow into the coin market, there is a possibility that it will show an upward trend regardless of the movement of the stock market.

In other words, there may be cases where investment products in the stock market rise while other stocks fall.

Therefore, there is no need to pay much attention to the movement of the stock market.

Currently, when the movement of BTC is slowing down, that is, when it is moving sideways, it is only worth referring to the movement of the stock market.

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(BTCUSDT 1D chart)

As mentioned above, the USDT and USDC movements are weak sideways, so it seems that there is a limit to the increase.

Therefore, if USDC does not fall any further, it is expected to maintain the current level or rise slowly.

Otherwise, if USDC continues to gap down, we need to check for support near 61099.25.

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The points 64748.70 and 65920.71 correspond to the HA-High indicator points on the 1W and 1D charts.

Therefore, it can be interpreted that a high point section is formed across the 64748.70-65920.71 section.

The HA-High indicator point on the 1M chart is formed at 61099.25, so it has already risen to the high point range from a long-term perspective.

Currently, the HA-HIgh indicators are arranged in a straight line.

That is, HA-High on the 1D chart > HA-High on the 1W chart > HA-High on the 1M chart.

Therefore, if it continues to rise and maintains the price above 65920.71, a full-scale uptrend, that is, a stepwise uptrend, is likely to begin.

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To do this, it is recommended that the StochRSI indicator on the 1M and 1W charts is not in the overbought or oversold range.

This is because I think it will receive great strength if the value of the StochRSI indicator is in the 20 to 80 range when the first uptrend begins and shows an upward trend.

Currently, the StochRSI indicator on the 1W chart has entered the overbought zone.

Therefore, even if it rises right now, it will eventually show a downward trend.

Therefore, I think it is important to maintain the price above 61099.25 after this period of volatility.

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The most important thing when trading spot is whether the price moving averages are aligned.

If the short-term to long-term moving averages are aligned, the upward trend is likely to continue.

Currently, the price moving averages of BTC are aligned.

However, the short-term and medium-term moving averages are converging.

Therefore, if the current price level is maintained, an upward trend is expected to begin.

Currently, the M-Signal indicator on the 1M chart is rising near 52K.

Therefore, if it falls as much as possible, it is expected to fall to the M-Signal indicator of the 1M chart.

In any case, from the perspective of the trading particle, the 61099.25-65920.71 section is the high point section, so whether there is support in this section is very important.

It is the last buying section before the full-scale uptrend begins, but it can also be the starting section of the downtrend.

Therefore, depending on which direction the price deviates from the 61099.25-65920.71 section and maintains it, a new wave will be created.

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Have a good time.
Thank you.

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- Big picture

It is expected that the full-scale uptrend will begin when it rises above 29K.

The section expected to be touched in the next bull market is 81K-95K.

#BTCUSD 12M

1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15

These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.

We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.

#BTCUSD 1M

If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55

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(Question)
If it falls to the M-Signal indicator on the 1M chart, will it be able to touch around 49K?

(Answer)
If it plunges, it is possible to touch 49K, but from the current position, if it starts to decline, it is expected to rebound around 56K at the most.

If it falls to around 56K, it is expected that the M-Signal on the 1M chart will rise to around 56K.

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I think that below 65K is a buy zone.

Therefore, when it goes down, it is time to buy, not cut losses.

The reason is that USDT is renewing its all-time high.

That means that funds are flowing into the coin market at an all-time high.

Because it makes no sense to say "the downtrend will start???" when funds are continuously flowing in.

USDT is moving sideways.

Due to the gap down of USDC, there is a high possibility of a short-term decline.

Accordingly, it can be predicted that it will show a downward trend, but as long as USDT does not show a gap down trend, the coin market is expected to continue its upward trend.

Therefore, you should create a separate trading strategy depending on whether your investment style is mainly day trading and short-term trading, or medium- to long-term trading.

I think the gap down of USDT and USDC is a phenomenon of funds flowing out of the coin market.

Therefore, we can see that funds are currently flowing out through USDC.