The big one is really coming. The price of Bitcoin has been consolidating for 10 days in a row. Looking back at the historical K-line, there hasn't been such an ugly K-line throughout last year. The lack of movement can be uncomfortable for many, possibly just like me.

Today is Friday. I have posted two market analyses so far, both of which have 100% accuracy in analysis. If you followed them, it would have been quite profitable. Let me talk about the likely trend for the weekend in the coming days:

Currently, Bitcoin is fluctuating around 965. As shown in the chart, it is following a downward trend line in a consolidation structure. Many people will draw this trend line and go long when the price bounces off the trend line. This is the operation of most people, which isn't wrong, but it also means there are many pending orders below. Similarly, the 8-hour K-line for Bitcoin hasn't managed to stay above 985 for 9 days, which will also be a stop-loss position for many short positions.

At the weekly and daily level for Bitcoin, the liquidity below is far greater than above. So, what we can confirm is that Bitcoin will slowly return to the 85-88 range in the future. Therefore, the operation should primarily focus on short positions, but the price won't drop directly. It is more likely to be attracted by buying liquidity first, hunting for short stop losses before turning downwards. This has been a common operation for Bitcoin recently; the CPI from the day before yesterday has followed this pattern. Those interested can check my post from the day before yesterday.

Specific operations:

For those holding short positions on Bitcoin: Open a short when the price rises to around 98500, with a stop-loss at 99100, targeting to see 94000.

For the brothers holding positions in distress: If the liquidation price is around 985, be cautious with your position size; it’s best to reduce your position or increase your margin. If you can hold on, promise me to lower your position size in the future.

For those holding long positions on Bitcoin: If you're near 98500, you can go long with about 80% of your capital, and open a portion of short positions as well; you can't go wrong with this strategy!

If anyone has any altcoins they need analyzed, feel free to comment, and I will reply to each one of you. #btc #BTC走势分析