陈平安_
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Bearish
The Bitcoin entity has fallen below 82500, pay attention to the pullback, brothers.
As soon as I woke up this morning, I already warned the brothers about the Bitcoin risk.
During yesterday's live stream, I called for buying in at 76800-77200, with 82500 as the take-profit exit. Then I observed the upward momentum and ultimately provided the short entry positions at 83333 and 83500. Some brothers couldn't wait, and I also mentioned they could enter a first position at 82500 and add more at 83333-83500.
Moreover, I emphasized that there are trapped positions at 84000. Bitcoin surged from the news level of 78000-83500 by 5500 points without any pullback, which is unrealistic. Then at 8 AM, the daily line closed above 82000. I also stated that my thought process is that if the daily level stabilizes above 82000, then if it pulls back, it should be a buying opportunity.
At 8 AM, the four-hour line showed a perfect shooting star with a long upper shadow, indicating a bearish pattern ahead. I estimate there are a lot of people long at the top. Chasing highs and cutting losses is really a typical case of retail traders. If you have followed my posts, you know I was consistently calling for long positions yesterday. I clearly stated that as long as 78000 holds, 82500 gap position is a must! During the live stream, I also mentioned that this was all publicly stated. Yesterday, some brothers in the live stream followed my advice to go long at 76800-77200 and then exited at 82500 to set up short positions. Didn't they profit from both sides? Some brothers commented below during the live stream, and they are verified. You can also check the live replay.
Currently, the support position for stabilizing and entering longs is around 78500.
Ethereum is a bit weaker, around 1480, haha.
I am still holding the short position and looking further down! $BTC
$ETH
As soon as I woke up this morning, I already warned the brothers about the Bitcoin risk.
During yesterday's live stream, I called for buying in at 76800-77200, with 82500 as the take-profit exit. Then I observed the upward momentum and ultimately provided the short entry positions at 83333 and 83500. Some brothers couldn't wait, and I also mentioned they could enter a first position at 82500 and add more at 83333-83500.
Moreover, I emphasized that there are trapped positions at 84000. Bitcoin surged from the news level of 78000-83500 by 5500 points without any pullback, which is unrealistic. Then at 8 AM, the daily line closed above 82000. I also stated that my thought process is that if the daily level stabilizes above 82000, then if it pulls back, it should be a buying opportunity.
At 8 AM, the four-hour line showed a perfect shooting star with a long upper shadow, indicating a bearish pattern ahead. I estimate there are a lot of people long at the top. Chasing highs and cutting losses is really a typical case of retail traders. If you have followed my posts, you know I was consistently calling for long positions yesterday. I clearly stated that as long as 78000 holds, 82500 gap position is a must! During the live stream, I also mentioned that this was all publicly stated. Yesterday, some brothers in the live stream followed my advice to go long at 76800-77200 and then exited at 82500 to set up short positions. Didn't they profit from both sides? Some brothers commented below during the live stream, and they are verified. You can also check the live replay.
Currently, the support position for stabilizing and entering longs is around 78500.
Ethereum is a bit weaker, around 1480, haha.
I am still holding the short position and looking further down! $BTC
$ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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