Sau đợt tăng ấn tượng vào tháng Giêng, Bitcoin (BTC) dường như đang nghỉ ngơi trong tháng Hai. Đây là một dấu hiệu tích cực bởi vì các cuộc mít tinh theo chiều dọc hiếm khi bền vững. Một sự sụt giảm nhỏ có thể làm rung chuyển các lệnh mua thần kinh và cung cấp một cơ hội cho các nhà đầu tư dài hạn để thêm vào vị trí của họ.
Giá Bitcoin có chạm đáy không?
The opinion remains divided, however, on whether Bitcoin has bottomed out or not. Some analysts expect the rally to reverse direction and nosedive below the November low while others believe the markets will continue to move up and frustrate the traders who are waiting to buy at lower levels.
In an interview with Cointelegraph, Morgan Creek Capital Management founder and CEO Mark Yusko said “the crypto summer” could begin as early as the second quarter of this year.
He expects risk assets to turn bullish if the United States Federal Reserve signals that it will slow down or pause interest rate hikes. Another potential bullish catalyst for Bitcoin is the block reward halving in 2024.
Could the altcoins continue their up-move while Bitcoin consolidates in the near term? Let’s study the charts of Bitcoin and select altcoins that may outperform in the next few days.
BTC/USDT
Bitcoin đã dần điều chỉnh kể từ khi chạm $24,255 vào ngày 2 tháng 2. Điều này cho thấy đặt lợi nhuận của các nhà giao dịch ngắn hạn. Giá đang gần vùng hỗ trợ mạnh giữa $22,800 và $22,292. Đường trung bình động cấp số nhân 20 ngày ($22,436) cũng nằm trong vùng này, do đó người mua dự kiến sẽ bảo vệ vùng này với tất cả sức mạnh của họ.
The upsloping 20-day EMA and the relative strength index (RSI) in the positive territory indicate that bulls have the edge. If the price turns up from the support zone, the bulls will again attempt to catapult the BTC/USDT pair to $25,000. This level should act as a formidable resistance.
On the downside, a break below the support zone could trigger several stop losses and that may start a deeper pullback. The pair could first drop to $21,480 and if this support also fails to hold up, the next stop may be the 50-day simple moving average ($19,572).
The 4-hour chart shows that the price is trading inside an ascending channel but the RSI has been forming a negative divergence. This suggests that the bullish momentum may be weakening. A break and close below the channel could tilt the short-term advantage in favor of the bears. The pair could then fall toward $21,480.
Ngoài ra, nếu giá bật lên khỏi đường hỗ trợ của kênh, các bulls sẽ một lần nữa cố gắng đẩy cặp này lên trên kênh. Nếu họ quản lý để làm điều đó, cặp tiền có thể tiếp tục xu hướng tăng của nó.
ETH/USDT
Ether (ETH) đã giao dịch gần ngưỡng kháng cự $1,680 trong vài ngày qua. Thông thường, một sự củng cố chặt chẽ gần một kháng cự trên không sẽ giải quyết đi lên.
Trong khi đường EMA tăng 20 ngày ($1,586) cho thấy lợi thế cho người mua, sự phân kỳ tiêu cực trên RSI cho thấy rằng những con bò có thể đang mất khả năng nắm bắt. Nếu bò đực muốn khẳng định sự thống trị của mình, họ sẽ phải đẩy và duy trì mức giá trên mức 1,680 đô la Mỹ.
Nếu họ làm điều đó, cặp ETH/USDT có thể tăng lên 1.800 đô la Mỹ. Mức này có thể lại hoạt động như một kháng cự nhưng nếu bulls không cho phép giá giảm xuống dưới mức $1,680, đà tăng có thể kéo dài đến 2.000 USD.
Thay vào đó, nếu giá giảm và giảm xuống dưới đường EMA 20 ngày, cặp ETH/USDT có thể giảm xuống 1.500 USD. Đây là mức hỗ trợ quan trọng để theo dõi bởi vì một sự bật lên ở đây có thể giữ cho phạm vi của cặp tiền nằm giữa $1,500 và $1,680. Mặt khác, nếu ngưỡng hỗ trợ $1,500 bị nứt, cặp này có thể giảm xuống mức $1.352.
The 4-hour chart shows that the bears have pulled the price below the 20-EMA. This is the first indication that the bulls may take a step back. There is a minor support at the 50-SMA but if it fails to hold, the pair may slide to $1,550 and then to $1,500.
Conversely, if the price turns up from the moving averages, the bulls will again attempt to thrust the pair above the overhead resistance. If they succeed, the pair may resume the uptrend.
OKB/USDT
While most cryptocurrencies are well below their all-time high, OKB (OKB) hit a new high on Feb. 5. This suggests that bulls are in command.
Some traders may book profits near the overhead resistance of $44.35 as it may act as a formidable resistance. If the price turns down from the current level but rebounds off the 20-day EMA ($37), it will suggest that bulls continue to buy the dips.
That could increase the possibility of a break above $45. The OKB/USDT pair could first skyrocket to $50 and thereafter to $58.
If the price turns down and breaks below the 20-day EMA, it will indicate that the traders may be rushing to the exit. The pair could then drop to $34 and later to the 50-day SMA ($30).
The 4-hour chart shows that the bears are trying to protect the $44.35 level. The pair could turn down and reach the moving averages, which is an important support to keep an eye on. If the price bounces off the moving averages, the bulls will again try to overcome the barrier at $45 and start the next leg of the uptrend.
Contrarily, if the price breaks below the 50-SMA, the selling could intensify and the pair may slump to $36 and then to $34. Such a move could delay the resumption of the uptrend.
Related: Fantom’s 5-week winning streak is in danger — Will FTM price lose 35%?
ALGO/USDT
Algorand’s (ALGO) recovery reached the breakdown level of $0.27 on Feb. 3. The bears defended this level but the bulls have not given up much ground. This suggests that the bulls expect the relief rally to continue.
The upsloping 20-day EMA ($0.24) and the RSI in the positive territory indicate that bulls have the upper hand. If the price turns up from the 20-day EMA, the likelihood of a break above $0.27 increases. The ALGO/USDT pair could then travel to $0.31 where the bears may try to offer strong resistance.
If the price turns down from this level but bounces off $0.27, it will suggest that the downtrend could be over in the short term. The pair could then attempt a rally to $0.38.
This positive view could invalidate in the near term if the pair turns down from the current level and slides below $0.23. The pair could then dive to the 50-day SMA ($0.21).
The 4-hour chart shows that the bears are guarding the $0.27 level but a minor positive is that the bulls have not allowed the price to stay below the 50-SMA. If the price turns up from the current level, the bulls will again try to clear the overhead hurdle. If they do that, the pair could pick up momentum and surge toward $0.31.
Contrary to this assumption, if the price continues and breaks below the moving averages, the pair risks a drop to $0.23. The bears will have to smash this support to gain the upper hand.
THETA/USDT
Theta Network (THETA) successfully completed a retest of the breakout level on Feb. 1, indicating that bulls have flipped the downtrend line into support.
The bulls will try to push the price to the overhead resistance at $1.20. This level may act as a minor hurdle but if bulls do not give up much ground from $1.20, the THETA/USDT pair could extend its up-move to $1.34. This is an important level for the bears to defend because if this resistance crumbles, the pair could soar to $1.65.
If bears want to stop the bulls, they will have to quickly pull the price back below the 20-day EMA. The pair could then fall to $0.97 and later to the 50-day SMA ($0.89).
The pair bounced off the $0.97 level, which becomes an important level to watch out for on the downside. A breach of this level is likely to tilt the advantage in favor of the bears and open the doors for a possible drop to $0.85.
The rally is facing resistance near $1.20 but the upsloping 20-EMA and the RSI in the positive territory indicate that the path of least resistance is to the upside. If buyers push the price above $1.20, the momentum should pick up for a rally toward $1.34.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
