After waking up from a deep sleep, I was shocked to see BTC back to square one, hovering around 95,000 again.
I don’t dare to go long or short at this time, it’s completely overwhelming, right?
Recently, the Supreme Commander of North Korea has once again dispatched troops to Ukraine. The transport of human flesh gold, combined with the 1.5 billion dollars contributed by the exchange, has made the commander live in luxury and significantly increased his power.
I heard that the commander has just bought a warship, allowing him to flaunt his might in Northeast Asia, running amok without obstruction.
Trump's ceasefire plan for Russia and Ukraine may fall apart again. Big Russia cannot stop its steps of aggression, and Ukraine will not allow itself to be bullied by the big goose, after all, both are nations with a fighting spirit in their bloodlines, preferring to die gloriously rather than live in shame. They will certainly pledge to resist to the end.
Europe will not allow the big goose to invade, pushing artillery shells 1,000 kilometers; both openly and covertly, they will provide assistance. The principle that "without the lips, the teeth will feel cold" is still fresh in memory.
As for Trump's tariff plan, it seems to be a full-scale attack, but it is actually strong outside and weak inside. If he doesn't take the initiative to negotiate in Beijing, the village committee leader won’t pay him any mind.
The two kings are currently dragging it out and being tough, but in the end, it will definitely be Trump who backs down. We look forward to singing again that all imperialism is a paper tiger. However, looking at it over time, both sides will eventually retreat on tariffs, in any case, it will be beneficial.
From the daily chart perspective, there was a rebound yesterday with slightly insufficient volume; there are bulls guarding the market, but there is strong pressure above. The MACD has formed a dead cross, indicating a need for a pullback. From the chart pattern, standing above the bull-bear boundary line, the trend has reversed, and the main focus should be on buying on dips in the future. However, the coin price has failed to break through after a long attack, facing strong pressure, so it is not recommended to chase the price or to go long around 95,000. The upper pressure is at 96,000, and the lower support is around 89,000.
On the four-hour chart, there is a continuous top divergence, and the strength of the upward movement is gradually weakening. The MACD has formed a golden cross, indicating a need for a rebound and volatility. At this time, do not chase long positions or open long positions. It is recommended to short at 85,500, with a stop loss around 86,500, and a short-term take profit around 84,000. Those who want to be strategic should accept the loss from the stop loss.
From the weekly chart perspective, the overall trend has reversed, but the rise has not been sustained with volume. Personally, I see this week as having a need for a pullback, and at most, it is a good opportunity to enter at the bottom and hold onto the coins for a rise.
The K-line is an emotional indicator, up and down teasing people, and staring at the market is sometimes the root of losses. If one cannot control their emotions, they will be ruthlessly beaten by the market and the manipulators.