Master Advisor discusses hot topics:
The previous market was like one person controlling the trading; now it has upgraded to a duet. One is Musk and the other is Trump, one plays the good cop and the other the bad cop, both throwing verbal jabs at each other, which gets you excited. But in the end? Tesla falls, US stocks fall, and Bitcoin follows suit.
But in the end, these two have their interests tied together; tearing each other apart isn't realistic. The show is for you, but behind the scenes, they've already divided the benefits. Musk is using verbal warfare to play psychological games, forcing Trump to compromise. To put it plainly, the troublemakers are emotions, and the ones making money are capital.
However, to be fair, this recent drop in Bitcoin was indeed a bit fierce, but I see people in the market again shouting 'It's collapsing!' Isn't that a bit too fragile? When it rose 30,000 points, you kept quiet, and now a 5,000-point drop has you panicking? You really don't deserve to be in this market!
Right now, it's the market makers, KOLs, trading exchanges, and media working together to manipulate the market. Don't foolishly laugh at their actions; the show is for you to watch, but they are genuinely out there taking your money!
No more talk, back to Bitcoin. Today, technically, we need to fix the small cycle; RSI and 4h MACD are oversold, and the daily chart hopes to rely on tonight's non-farm data for a rebound to ease the situation.
The current 100k level is crucial. It broke below 101400 last night (which is the 0.382 retracement level), and now we are waiting for it to come back strongly. The important support below is at 98200 (0.5 retracement level), which is the cost-effective area for medium-term buying in batches; there's no rush for spot trading.
But can you buy in at 95K? It's actually a bit difficult. Large funds basically won't let the price drop to the golden ratio 0.618 level. It's normal not to get filled on spot orders. Haven't you learned anything in the crypto world these years? You won't get what you want on the down, and you can't chase what you want on the up; it's just that sneaky.
Let's cut to the chase; calling for a bottom is not wrong now. But remember, it's for anticipating a short-term rebound. The real medium-term bottom zone is 98200. Those who panic watching Musk and Trump argue should wake up; don't be such compliant fodder.
Master Advisor views the trend:
Resistance level reference:
Second resistance level: 104200
First resistance level: 102800
Support level reference:
Second support level: 101000
First support level: 100000
Today's suggestion:
Currently, the downward momentum has eased, and from the RSI indicator, it has entered the oversold zone. Therefore, a short-term rebound can be expected. It is recommended to treat 101K as a psychological support level for trading.
Although the RSI is already oversold, the probability of a short-term rebound remains high. However, resistance is forming around 102.8K. If the price is suppressed in this range and moves sideways, we should pay attention to whether the lows can gradually rise before testing the upper resistance.
There is a considerable probability of reaching the first resistance, but if tonight's non-farm data lacks new positives, an adjustment will appear near the second resistance at 104.2K. Until we break the downward trend line, we cannot rule out the possibility of continued decline.
Intraday, you can treat 101K as a psychological support level; if it is lost, the lower 100K will be threatened. To stop the current downward trend, this area must be defended.
If it doesn't break below 100K again, it would indicate that the bulls are beginning to protect this area. However, if it breaks again, it will trigger a downward N-shaped trend. Since the RSI has reached the oversold zone, we can first look for a short rebound opportunity. After confirming new pressure at the top post-rebound, we can then shift our thinking to short in line with the bearish trend.
6.6 Master Advisor's segment pre-set:
Long entry reference: not currently considered
Short entry reference: short in batches in the 103700-104200 range. Target: 102800-101000
If you genuinely want to learn something from a blogger, you need to keep following, not just make hasty conclusions after a few market observations. This market is filled with performers; today, they post long positions, and tomorrow they summarize short positions. It seems like they 'always catch the top and bottom,' but in reality, it's all hindsight. A truly worth-watching blogger will have consistent, coherent trading logic that stands up to scrutiny, not just jumping on trends as they happen. Don't be blinded by exaggerated data and out-of-context screenshots; long-term observation and deep understanding are key to discerning who is a thinker and who is a dreamer!
