Btc, eth, sol had an extraordinary Friday, a one-sided trend is bound to emerge, the overall outlook remains bearish
The market has been oscillating for two days, coupled with the U.S. stock market being closed yesterday, Bitcoin/Ethereum is stagnating. Recently, the situation between 🇮🇷/🇮🇱 has had no actual impact on the U.S. stock market; the market is using it as a topic for speculation. Macro conditions are not something you can simply use to find talking points. In contrast, it can be confirmed that Bitcoin has not demonstrated the characteristics of a safe-haven asset under compelling factors. We should observe and respond to trading; when the trend is unclear, control what you can!
Every year from June to September, the market typically experiences oscillations + confusion + a pile of false moves. During this time, bulls should enter and exit quickly; don't overthink the situation, simply buy low and sell high, which can be converted into a cautious long view. The slow market is about controlling what you can as a retail investor to profit. On Wednesday evening's live broadcast, a short position for Bitcoin at 104300 was given, Ethereum at 2500 was shorted, and there are short-term profits as well, with stop-loss levels provided. As for whether to hold or take profits, that is up to you. The market continues to oscillate with a high sell, low buy strategy. Once again, real-time market trends should be based on actual trading!
In terms of candlestick patterns, a doji has recently appeared, indicating a balance of long and short positions in the market. However, there has also been a bearish engulfing pattern, and the downtrend pattern still holds the advantage. In trading, one should be prepared for potential losses in such a market. After oscillation, the market is forming a bearish triangle shape, and until a clear direction is established at the apex, it will remain in oscillation. If it breaks below 104000, the downtrend channel will essentially begin.
Bitcoin is short around the 105500 level, paying attention to 103500/102600 below. If these levels break, one can look to 100300 for support.
Ethereum is short at 2570-2600, targeting whether it can stabilize around 2450 after breaking below 2500. If the bearish trend continues, it can drop to 2380-2310. For Solana, just keep in sync. The overall defense should be determined based on individual actual positions!
Focus on the 90s trading system, not making ambiguous analysis strategies. The dual contest of technology and news, the realistic game of profit and risk. See you at the evening live broadcast, as the market is filled with performance-oriented players. Today's long position screenshot, tomorrow's short position summary. It seems like 'always catching tops and bottoms,' but in reality, it’s all hindsight. Trading logic must remain consistent.