Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Greeks.live: Some Traders Optimistic About Altcoins' Weekend Performance, BTC Key Price Range at $66,000-$67,000

Greeks.live: Some Traders Optimistic About Altcoins' Weekend Performance, BTC Key Price Range at $66,000-$67,000

View original
星球日报星球日报2025/04/20 13:28

Greeks.live macro researcher Adam released a brief for the Chinese community, noting a division in market sentiment. Some traders are optimistic about altcoins' weekend performance, believing SOL has increased more than tenfold from its bottom, while others warn this might be the last frenzy. The key price range for BTC is between $66,000 and $67,000, with several traders considering this area a concentration zone for short position stop losses.
The performance of altcoins has sparked debate; some argue that large gains in small-cap coins are normal, but some traders point out that calculating gains from the bottom can be misleading, suggesting SOL's greater increase results from its prior larger declines. In terms of market structure, traders have observed that CEXs have many buy orders supporting the price, most of which are withdrawn as the price approaches, indicating that exchanges may be deliberately guiding the price to trigger critical stop-loss levels.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!