Market Highlights:
Currently, Bitcoin has formed initial support in the past 36 hours. It's broken 915, so 902 is the last defense in this round of rising to 1083. Yesterday, Bitcoin provided opportunities for the long position in the 30-minute and 45-minute rebounds, while the relatively weak Ethereum had a 5-minute divergence in the rebound and an invisible rebound in the 15-minute, establishing a top formation. The entry based on this top formation is also quite good [typically, entry based on a top formation is very useful in the 5-30 minute range, and the best entry points are formed at smaller time frames]. This round of market should be well understood in terms of the role of turning points; once the key turning point is broken, it is relatively easy to go back and forth from where it came from. Also, recall the 3740 you didn't dare to enter, and the 1023 crown point. Additionally, the current long entry points provided should be accompanied by stop losses to gamble on it; the stop loss must be attached, as I have the capability to help you earn it back; resisting is of no help at all. Previously, I was particularly good at the liquidation technique, which I trained while helping others with their liquidations. Now, I will no longer help others with this; the simplest guidance I can provide is to ensure you are not forcibly liquidated. Be bold in your orders, be bold in your eating.
Currently, I personally suggest holding onto the long positions starting with 96, and those above 3360. It is quite suitable to go long on short-term pullbacks. Yesterday, the main forces sold over 80,000 Ethers, and the previous releases of 140,000 + 60,000 have been almost completed. Currently, Tether has cumulatively issued 250 million USD in the warehouse.
In this discussion, I provided points for Ethereum but not for Bitcoin; on one hand, you can find it by climbing the levels, similar to the previous round; on the other hand, I worry about the trouble of placing too many orders at once. The Bitcoin data has already come out, I will verify and send it out today.
Today:
Bitcoin Mid-term: Key support at the zero axis in 36 hours, short-term pressure at the daily line and 6 hours.
Key Focus: 45 minutes, 90 minutes zero axis rebound [first long then short]
Currently, the 3 + 5 minutes have shown a strong rising trend, which is quite interesting. Pay attention to its rebound to the zero axis again for the long position.
Ethereum:
The 5-minute has too much volatility, suitable for shorting on rebounds.
The 30-minute has a round of divergence, suitable for a rebound entry to go long.
1 + 2 hours zero axis first long then short.
In the larger time frames, Ethereum is relatively weaker than Bitcoin. Personally, I hope the current market can drop deeper, and then rely on Trump’s news for a one-way rise. What I want to remind is that if Trump really brings a rise, it would be better to take out half of your spot.
㊗️ Happy Trading
