Yesterday, BTC's upward counterattack was unsuccessful, falling back to close at 81k. This morning, after some fluctuations, it regained 81k, forming a situation of sideways trading around 81k for several consecutive days. Last night, a total of 86,211 people globally were liquidated, with a total liquidation amount of nearly 1.6 billion.
I think last night's pullback of Bitcoin is very normal!
You feel it's abnormal because you haven't grasped the rhythm and key points yet, always trading at the wrong positions and times. You think you are providing liquidity? In fact, you are giving money to the market makers! Market makers love 'retail investors' like you!
Yesterday's article (Bitcoin will surge by 20%, dare you go all in? TRUMP's wild fluctuations, retail investors' harvesting machine! Is Ethereum finished? Where to exit?) I wrote it clearly:
"BTC is expected to pull back to 80500 after a flat long at 84k. A new round of upward movement has already started here. Short-term support is between 79000/81000 to buy long at lower prices."
Later, I reminded everyone internally to buy in batches. After hitting, the second low buy point was not hit, and it happened to form a low around 1:30 AM/5:00 AM, which is basically consistent with our rhythm prediction! Thus, waking up directly yields an 80% profit, and keeping the base position at a breakeven loss is simply delightful!
I also said in yesterday's article about Ethereum: "At the very least, wait for an upgrade rebound before discussing leaving the market."
Clearly a reminder not to run now; those who left the market early last night really lost both the wife and the soldiers. ETH looks at the market; I timely reminded to buy the first low buy point of 1835, and upon waking up, isn’t it just another standard $30 profit space!
Once again, a reminder: time periods and prices are not randomly guessed! These are experiences we have summarized over many years of battling wits with market makers, especially the grasp of key points, which takes over a decade to develop the "market feel"! So everyone must execute according to the plan, don't act recklessly!
Today is simple. The daily trend does not show bottom characteristics. To achieve a V-shaped reversal, we must first liquidate long leverage downwards. Take action during the day when there are opportunities; at night, we will either have a direct major counterattack or test the waters before taking action. As long as the rhythm and trend are correct, positioning with the trend is simply enjoyable! BTC focuses on support at 80000 / 78425, with pressure tentatively at 87150 (remember, don't mess around, follow the rhythm!).
Yesterday, Robinhood launched 3 memes, but the current market is very fearful. After the news announcement, it didn't rise much, which is enough to indicate how cold the current market situation is. There are still many uncertainties ahead, such as:
(1) The Federal Reserve will cut interest rates in March.
This probability is extremely low. The U.S. Treasury is discussing including Bitcoin in reserve plans.
(2) Ethereum is set to launch the Hooli test network on the 17th, and BlackRock's BUILD token fund size has already surpassed 1 billion USD!
(3) Trump is negotiating to take a stake in Binance!
Isn't it soon that news will come out about BlackRock, Blackstone, and BN investment negotiations?
Next, stabilize, maintain confidence, and keep U on hand. The market always arrives at such times. Get your bullets ready; you can set up a narrative in the next couple of days for three to five times!!!
