Let's check the movement of this volatility period

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(ETHUSDT 1D chart)

The StochRSI EMA indicator has risen above 87.

Accordingly, the StochRSI indicator is expected to be reset soon.

At this time,
1st: 3644.71
2nd: 3438.16
We need to check whether there is support near the 1st and 2nd above.

Since the M-Signal indicator on the 1D chart is rising near 3438.16, it is necessary to be careful as there is a possibility of a downward trend if it falls below 3265.0-3321.30.

Therefore, the point to watch is whether the price can be maintained around 3644.71 and rise after December 4th.

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If the price is maintained above 3644.71, it is expected to renew the ATH.

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Currently, the StochRSI indicator on the BTCUSDT 1D chart is rising in the oversold zone and is showing signs of changing to a state where StochRSI > StochRSI EMA, so it seems likely to rise.

Accordingly, if the StochRSI indicator of ETH is reset when BTC rises, ETH is likely to renew the ATH more quickly.

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Have a good time.
Thank you.

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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.

(BTCUSD 12M chart)

Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.

In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.

Accordingly, the upward trend is expected to continue until 2025.

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(LOG chart)

Looking at the LOG chart, you can see that the upward trend is decreasing.

Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.

Therefore, I expect that we will not see prices below 44K-48K in the future.

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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.

That is, the Fibonacci ratio of the first wave of the uptrend.

The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.

Therefore, this Fibonacci ratio is expected to be used until 2026.

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No matter what anyone says, the chart has already been created and is already moving.

It is up to you how to view and respond to it.

Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.

However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.

The reason is that the user must directly select the important selection points required to create the Fibonacci.

Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.

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

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注释

Even if funds continue to flow into the coin market, if the forces that want to raise prices do not buy, it is not easy for the price to rise.

Therefore, even if funds flow in through USDT and USDC, it is necessary to check the movement of BTC dominance and USDT dominance.

If BTC dominance falls below 55.01 and remains or shows a downward trend, it is expected that an altcoin bull market will begin.

An altcoin bull market refers to a market where you will eventually make a profit no matter what altcoin you buy.

This altcoin bull market is likely to be the last rising stage of the current coin market bull market.

Therefore, I think it is a good idea to appropriately confirm your profits.

Even if the coin market shows a downward trend, I think it is highly likely that it will continue to rise until 2025, so it is still recommended to maintain the main position as a long position.

If the USDT dominance falls below the Fibonacci ratio of 0.382 and touches around 2.84, the coin market is likely to show great volatility, and it is expected that it will form a high point for a trend reversal at that time.

I will tell you more about the details before the movement occurs.

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By the end of 2025, you should consider how to increase the number of coins (tokens) corresponding to profit, or lower the average purchase price to obtain profit.

Coins (tokens) corresponding to profit refer to coins (tokens) with an average purchase price of 0, and if the number of such coins (tokens) increases, trading will become easier, whether in a bull or bear market.