Today is the eighth day of the new year, a auspicious day to start work! Seizing this opportunity, I wish everyone a happy belated New Year:
Year of the Snake brings good fortune Wealth flows like water
Home and everything prospers Blessings and longevity fill the hall
During the Spring Festival, many significant events occurred internationally and domestically, among which the most noteworthy and related to the crypto sphere are two: the first is the emergence of DeepSeek, which has exploded globally!
The second major event is Trump starting to wield tariffs, and the dramatic developments have triggered global financial market turmoil!
These two major events have significant effects on the cryptocurrency market, with the second one causing a strong shock to the crypto space. First, Bitcoin violently dipped to 91,231, and Ethereum directly dropped to an astonishing 2,125, while other altcoins tumbled together. In the face of the plunge, all high-leverage longs were completely washed out, followed by a V-shaped reversal, with Bitcoin soaring from 91,231 up by 10,000 to 102,500. Earlier this year, in both videos and live broadcasts, I had made predictions about the market, and even mentioned last year during a live broadcast that Bitcoin would show a nine-segment upgrade pattern on the 4-hour level. Moreover, the trading rules and discipline were clearly written.
Directly showing the chart:
A year ago, when Bitcoin had just broken through its historical high, the price was above the center. According to the center's oscillation trading strategy, it is not advisable to chase high; below the center is a buying opportunity. With this center as a trading coordinate, one can avoid chasing highs and selling lows, repeatedly being cut. Returning to the current market, what everyone cares about most is still the future of Bitcoin's trend:
First, look at the daily chart. Currently, there is a potential expectation for a daily-level three buys. The day before yesterday, there was a violent drop stopping at 91,231, followed by a significant rebound, without breaking the lowest point of the center at 89,256. From the current trend, the probability of a daily-level second buy is very high, and the MACD is still above the zero axis, with bulls in control. So the probability of a significant upward breakthrough is quite large. Of course, from this level, it cannot be determined if it is a daily-level buying point and needs to follow the trend of the secondary level.
Looking at the 4-hour chart, this chart is impressive. Since breaking the 100,000 mark at the end of last year, Bitcoin has been oscillating around this center. Currently, it has upgraded to a nine-segment center, and it is the ninth segment buy point overlapping with a secondary upward trend type of second buy. When a buying point appears, it is definitely buy first, then sell. After such a long oscillation, once it breaks, the momentum will be significant. Therefore, when the secondary level presents a buying point, it is the best opportunity for right-side replenishment.
It has been clearly stated in the chart that before these three types of buying and selling points appear, it can oscillate indefinitely. When the three buying points appear, the boundary for the strength of the market can be clearly defined. If three buys appear, 150,000 dollars is expected; if three sells appear, it wouldn't be surprising to drop back to the 70,000s or even 60,000s. Of course, this account prefers an upward breakthrough to produce three buys, but the biggest variable is the U.S. interest rate cut policy and the comprehensive game between the U.S. and China. We don't need to predict; when sell points appear, we clear our positions, and when buy points appear, we replenish.
Finally, let's take a look at the 30-minute chart. Currently, it is undergoing a downward correction. This correction is likely to not break the new low for the second buy, and the time frame is probably within today and tomorrow. When the secondary level shows a buying point, it is the best time for right-side replenishment, buy first, then sell.
The first chapter of the Year of the Snake begins with a written version, and most of the subsequent analysis will be presented in the form of morning videos. The live broadcast at 8 PM every Saturday will continue.
Finally, I will conclude with a poem created through DeePSeek, feeling the great changes brought by artificial intelligence:
(Qinyuanchun · Bitcoin)
Virtual specter, decentralized, global chain entangled.
Genesis and origin, crypto inscriptions, hash verification.
Equal power in computing, private keys in hand, accounts are secure.
Thunder rumbles, watch the mining machine array, power consumption surges.
Sigh over sovereign fiat currency, inflation like addiction;
Multinational gold companies, exploitation like mountains.
Bitcoin faith, code is law, free minting breaks monopoly. Awaiting Satoshi Nakamoto's return, let the coin price soar!
