There are many schools of thought in the market, including fundamental analysis, technical analysis, news-driven, and pure speculation. Any school of thought that can survive in the financial market and make money is a good 'cat'. Finding your own set of trading logic and principles is an essential skill for our traders.
Personally benefiting from Al Brooks' price action system, focusing on price action, specializing in
focusing on naked K-line and morphological trading, personally combining Al Brooks' trading philosophy with my own experience and understanding, I analyze and summarize the market every day. While sharing market information, I also polish my own trading system. While improving myself, I also hope to bring a new trading concept to everyone. Practice makes perfect, and by persisting in daily review, I believe that one day everyone will be able to reach the hall of trading, break away from worldly work, and be a free soul and a free body. The future is promising~
Personal logic for analyzing market trends:
1. Look at the overall trend, I generally use 4 hours as the trend cycle, and 1 hour as the reference cycle.
2. Trading cycle, I use 5 minutes as the entry point
Trading style: Naked K-line, patterns, intraday short-term, weekly short-term, trend + structure
Regardless of the time frame, regardless of the chart, price action will move according to specific patterns~
The process of trend change: Trend - Range - Reversal
Market Review and Analysis on June 6, 2025:
1. BTC Trend Analysis
Left-side background analysis: BTC has been in a wide upward channel since April 9, rising from a minimum of $72,257 to a maximum of $111,959, a nearly 40% increase in one month. On 5.28, the price broke through the channel, at which point we need to consider whether it is a transition from [trend] to [trading range], focusing on whether there is a reversal in the price at the bottom of the range (previous low). On 5.29, the market did indeed see a reversal at the bottom.
Where will it reverse to? The first thing to pay attention to is the middle part of the range, which is the [50%] position; the second position is to pay attention to the position of the upper channel of the descending channel. We observed that when approaching the upper rail and the middle position, a large positive line fell directly back to the bottom of the range, and then a large positive line broke the position of the trading range, breaking the bottom of the range, which we can also call the [neckline]. In terms of morphology, this is a [quasi-triangle] (or [wedge]) pattern.
The top fluctuated at the end of May, forming a [higher low] pattern. Connecting the two high points, we draw a channel line.
In the subsequent trend, we saw the price fall to the lower rail of the descending channel, and after touching the lower rail on 5.31, it led to a rebound, followed by a [bear flag] pattern.
On 6.3, at the end of the [bear flag], a large positive line rebounded strongly, and finally two consecutive negative lines fell back to the starting position of the large positive line, followed by some cross-shaped K-lines [K-lines are divided into trend lines and non-trend lines, non-trend lines are uniformly called cross-line K-lines]. The trend of the [bear flag] has a high probability of breaking the previous low of 103,460 US dollars. Subsequently, we saw the price break the previous low, a large trend K-line. The decline exceeded 2600 points.
Personal opinion on the future trend:
1. The 4-hour descending channel has been formed. Situation 1, if it does not break the channel line, focus on the position of the two channel lines of the descending channel, followed by the 50% price position in the middle of the large negative line yesterday, the position of 103,100 US dollars; focus again on the previous low position, the position of 103,460 US dollars, that is, the appearance of K-line signals should be focused on in the 103,000-103,500 position. There may be a [bear flag], rebounding to make up for the gap in yesterday's large negative line.
2. Situation 2, continue to fall sharply, breaking the channel line, the short selling opportunity has high risk, large stop loss, small return, enter carefully.
2. ETH Trend Analysis
Left-side background analysis: ETH rose from a minimum of $1380 in early April to a maximum of $2788, an increase of over 94%. Connecting the two low points, we form an upward trend, with two [range trading] positions in the middle.
We see that every time we break through the [range], there is a strong K-line, which is a manifestation of sufficient bullish power. The K-line that breaks through the range is a good entry point for us.
In early May, ETH subsequently started a [range trading] pattern, transitioning from [trend] to [range trading], but currently, the trend has not changed, and the price has not fallen below the trend line below.
The top range has been fluctuating for a month, and yesterday ushered in a sharp fall, currently fluctuating at the bottom of the range, so can we enter at this time? Wait, we still need to observe. At this time, we need to switch to a small cycle to observe the trend, pattern, and the appearance of signals.
If you want to observe the K-line signal alone, a [inside bar] signal K-line appeared at the top, and the price of the K-line did not break the previous high, which then led to a sharp fall.
Personal opinion on the future trend:
ETH is currently in a key position, the trend has not broken, but it is at the bottom of the trading range, waiting for the subsequent signal K-line to come out, switch to a small cycle to observe the trend, and see the strength of the market rebound.
3. SOL Trend Analysis
Left-side background analysis: SOL 4-hour currently looks like it has broken the upward trend line, and has also broken the top [range]. In the descending channel, the price touches the bottom of the range and starts to fall, and the bearish trend is obvious.
Personal opinion on the future trend:
Slightly bearish sentiment, currently quite critical, near the previous low of $142, with a rebound position around $150.
4. BNB Trend Analysis
Left-side background analysis: Currently, it looks like it has broken the upward trend line, and the price is at the bottom of the top trading range, focusing on positions: 650\670 positions
Personal opinion on the future trend:
It has already broken the upward trend line, at the bottom of the trading range, patiently wait for the appearance of the signal K-line, shorting at 650 is a good position.
Da Xian Crypto specializes in analyzing market structure and capturing trading momentum through price action logic.
No indicators, no shamanism, just look at K-line behavior, transaction structure and emotional turning points, use pure market language to find a winning space for retail investors.
K-line structure analysis | Key price level deduction | Intraday rhythm breakdown
Sector linkage analysis | Emotional fluctuation rhythm | BTC/ETH/Mainstream & Altcoin logic analysis
All content in this account represents only personal trading knowledge and market thinking, and does not constitute any investment advice or trading basis. The market is risky, trading requires caution, may you and I be able to see the essence in ups and downs and maintain clarity in turmoil.