陈平安_
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Brothers, those who have long positions from yesterday can close them now. Also, let's close the positions from the other patterns. To be honest, it's Friday and I'm worried about Black Friday, haha.
Currently, the upward momentum is gradually weakening on the hourly chart. Many bloggers from yesterday's square mentioned that the reason for the rebound from 81000 is because this level will continue to rise after a five-wave pullback. From my perspective, as long as we don't break the starting point of 77600, we will still challenge the resistance level. There is still too much uncertainty in the market here. Due to tariff news, Bitcoin has risen to 82500 in advance, which means that even if the CPI is favorable, it can't push the market up. So consider these positions as a rebound. If the market is uncertain, I won't engage with the patterns.
The upper resistance levels are 81000 and 1550; if we can't hold these, it's better not to mess around.
Moreover, from the four-hour closing perspective, there is a high likelihood of forming a Doji star at four o'clock. Considering the US stock market situation, it is possible that the market will drop at the opening tonight to create another low point.
So here, it may be safe to prepare to enter short positions. Let's observe the situation tonight; currently, I am holding cash and watching $BTC
$ETH
Currently, the upward momentum is gradually weakening on the hourly chart. Many bloggers from yesterday's square mentioned that the reason for the rebound from 81000 is because this level will continue to rise after a five-wave pullback. From my perspective, as long as we don't break the starting point of 77600, we will still challenge the resistance level. There is still too much uncertainty in the market here. Due to tariff news, Bitcoin has risen to 82500 in advance, which means that even if the CPI is favorable, it can't push the market up. So consider these positions as a rebound. If the market is uncertain, I won't engage with the patterns.
The upper resistance levels are 81000 and 1550; if we can't hold these, it's better not to mess around.
Moreover, from the four-hour closing perspective, there is a high likelihood of forming a Doji star at four o'clock. Considering the US stock market situation, it is possible that the market will drop at the opening tonight to create another low point.
So here, it may be safe to prepare to enter short positions. Let's observe the situation tonight; currently, I am holding cash and watching $BTC
$ETH
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