【Coin Forest Secret Manual·BTC Market Edition】
——Aiming at the Triangle, Who Will Prevail?
The rivers and lakes are turbulent, and the Bitcoin market has stirred again. I sit cross-legged on the mountain peak, observing the K-line trends, like the changing of winds and clouds. In recent days, the market, which was originally a converging triangle, was suddenly broken by a long needle from heaven and earth, transforming into an expanding triangle. This is a precursor to a change in the market, not to be taken lightly.
1. Situation Interpretation: The Triangle Has Changed, Volatility Is Coming
Originally, the rivers and lakes were calm and deep, with a converging trend; however, with a sudden needle, the shape was broken and the triangle expanded.
——This is a precursor to a battle between dragons and tigers, the volatility of the market can rival thousands of troops.
There are rumors in the rivers and lakes: May 22 is the critical time point, a battle between bulls and bears may erupt then.
I observe the trend, like a sword pressing against the neck, moving like thunder, quiet like a secluded valley, having accumulated strength for a long time, a strike is inevitable.
2. Strategy Layout: Deploy Troops, Wait for the Right Moment
【Bull Army Deployment】:
Below 1017, one can lightly advance, initially testing the waters;
1008 and 996 are the second lines of defense; if broken but not panicked, one can add positions in batches;
If the trend stabilizes and rebounds, one can see the summit at 1064, take profits and retreat.
【Bear Army Alert】:
If the volume breaks below the points of 1014, 1012, 1008, and 996, one should quickly reduce positions to avoid its sharpness;
If it breaks and then recovers with volume, it is a “false break with real recovery,” and one can take the opportunity to enter again.
3. Extreme Mindset: 87000 is the Iron Bottom, Do Not Act Rashly
If you feel moved and wish to bottom out in the deep valley, you must know:
87000 is the limit abyss of this market cycle; if it falls to this point, it is not an ordinary situation, and there will surely be accompanying thunder.
Mindset Advice:
Do not become obsessed and seek to get rich in one strike;
Operations need to be laid out in batches, with a balance of light and heavy, and avoid being like “304 stainless steel” (young people who are immovable as a mountain and never stop-loss)!
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Postscript:
The market is like the rivers and lakes, with glints of swords and changes in an instant. May all you heroes wield your swords, maintain prosperity and stability, and seek victory in steadiness.
This secret manual is written by the Beacon of the Coin Sea·Eastern Holy Parent on the occasion of the resurgence of winds and clouds on the chain, to be shared with you all.