$BTC $ETH $SOL
Weekend Analysis
Always keep some stock on hand to finish this major pullback, and then short again at the top for a week of short positions. If we see a new low, it will be your last chance to use your bullets; otherwise, the upcoming long trend and a major bear market will throw off your balance! I often say that if you make three consecutive mistakes, just being right once will boost your confidence!
Similarly, here's a saying that is often circulated in this circle:
Don't be afraid of the pain of bottom fishing; just be afraid of losing your bets; there’s no gambler who always loses; there will always be peaks and flows!
Look at a certain big blogger, who once won 10 million and is now back to 20 million. It’s just the way it is, so as ordinary people, pursuing 100,000 to 1 million isn’t wrong; otherwise, why are we in this circle!
At this moment, unfollow all voices that disagree with you, focus on yourself, including me!
Back to the market:
The bottom fishing on the 7th and 9th for BTC, I see the limit at 875; yesterday's analysis mentioned that breaking 825 has a high probability of breaking the previous high of 834, directly hitting 845! Currently, upon reviewing, we are just 200 dollars away.
Currently, the hourly cycle is rising, and we are in the second round, which is the third wave in the chart. If we move sideways instead of down this weekend, it will inevitably break through 845 and rise straight to 863-875, precisely where the moving averages are heavily suppressed! Friends heading south shouldn’t hold positions; there is a need for a 4th wave pullback at 812-818, hope you can let go.
So: If you stop-loss once, you will come back in two days; if you hold through an explosion, you will leave and never return. This will lead to a significant decrease in liquidity in this circle! That’s not a good thing!!!
ETH’s 12-hour divergence at 1700 is bound to be reached sooner or later, but 1750 and 1800 are heavy pressure zones, so the rise here is temporarily at its limit; it probably won’t break 1800 without a month of sideways movement! Currently, there’s a bit of a contradiction as the 4-hour structure forms a box, and the 50-day moving average is too high, so we wait for the pillars to stabilize. At least it didn’t drop below 1450 yesterday, indicating that buying activity has become more positive; the head and shoulders bottom around 1410 haven’t provided an opportunity yet, but there should still be one more chance! So in terms of operations, it’s best to make some fluctuations around 1450 and 1700! Keeping good brake limits is relatively safe.
SOL’s trend is almost the same as BTC’s; if BTC goes to 86-87, SOL will be at 120-135!
Avoid: Going all in on one bet!