Master discusses hot topics:
The current world is truly absurd; even war can be turned into a comedy. One moment missiles are flying, the next moment there’s a ceasefire. The market takes it all in stride, immediately rebounding once it hears about a rapid ceasefire, recovering all the previous losses. There’s nothing to be done; the current market only recognizes sentiment and ignores logic.
Looking at the Federal Reserve side, various officials are taking turns to speak about interest rate cuts. Trump is even harsher, directly telling the Fed to be sensible. However, the interest rate cut from July to September is basically a done deal, so why wouldn't the market rise? It's already dropped enough; if it doesn't rise next, it wouldn't make sense.
Speaking of Bitcoin, the key point now is 107K. The liquidity of short sellers is almost being squeezed to death. If the sentiment is better tonight, there's a high probability of a liquidation wave. After the liquidation, what happens next? Two possibilities:
First, a spike above 107K, then a reversal; this wave might drop directly, targeting around 102K, tricking in more longs, while the main force unloads.
Second, if it doesn’t crash but instead fluctuates upwards, it means it’s aimed at the high short positions around 112K~113K, as the main force wants to completely squeeze the shorts.
But everyone should know that many explosive market movements happen when you're doubting life, suddenly pushing to new highs without leaving any entry opportunities.
So, if you ask me, if the market doesn't forcefully push up tonight and instead goes up smoothly, I would definitely consider shorting at high levels. But if it can first pull back to 102K before rising, that script would be healthier, allowing new bulls to join later.
Looking at the bigger picture, if there is a real ceasefire, real interest rate cuts, and no global unrest, it wouldn’t be surprising for Bitcoin to reach a new high. Because it’s not weak at all; this drop was just to gather liquidity for short positions, and pushing up is the route with the lowest cost.
But don’t let the good news brainwash you; this market can change faces at any time. The most stable operation right now is to trade short-term fluctuations back and forth, with ranges looking at 101K to 106K, and breaking through to look at 112K.
Master views the trend:
Resistance level reference:
Second resistance level: 106500
First resistance level: 105300
Support level reference:
Second support level: 103500
First support level: 102000
The current price has broken through the previous downward trend line on the 4-hour level and has achieved a trend reversal with a large bullish candle. The current reasonable pullback support level is 103.5K, and the rebound idea can continue during the day.
If the subsequent market can break through the first resistance level of 105300 again, and the K-line body can stabilize above it, there is hope to continue testing the pressure zone around 106K for a second time.
However, considering the significant increase at night, it’s reasonable for the market to have a brief pullback at this position. There are still many trapped positions above, so be cautious about blindly chasing longs. It’s recommended to patiently wait for a pullback opportunity; it’s much safer to remain in cash and observe rather than recklessly chasing highs.
The current first support level of 103500 is the lower edge support of the oscillation range, which has strong reference value and is an important position for considering short-term entry or defensive operations.
Currently, 104K can be considered as short-term support. Overall, the range from 102K to 103.5K can serve as the short-term trading response range for this round of market, suitable for gradual positioning, controlling positions, and building gradually.
6.24 Master’s wave segment strategy:
Long entry position reference: 102000-103500 range for multiple entries. Target: 105300-106000
Short selling entry reference: temporarily not referenced
If you genuinely want to learn from a blogger, you must continue to follow them, rather than making rash conclusions after just a few market views. This market is filled with performers; today they screenshot long positions, tomorrow they summarize shorts, and it seems like they 'catch the tops and bottoms every time', but in reality, it’s all hindsight. A truly worthy blogger’s trading logic must be consistent, coherent, and withstand scrutiny, rather than joining the hype only when the market moves. Don’t be blinded by flashy data and fragmentary screenshots; long-term observation and deep understanding are necessary to discern who is a thinker and who is a dreamer!
