Tomorrow is Monday, another day for small investors to fantasize about the 'market crash' coming 🤣 Recently, this market trend has been absurdly sideways; if there’s a 100-dollar fluctuation within a day, that’s considered a celebration... The less the market fluctuates, the more it’s the night before a big move, those who understand, understand 😉
Continue to hold long positions; whether you entered at 98250 or 105000, don’t panic. The 15-minute timeframe is not giving any bullish opportunities at all, it’s sideways + decreasing volume, a typical sideways action instead of a drop. Do the bears really think they can win? Dream on.
The current market sentiment is:
Bears are stubborn → Open interest is dropping → Shorting confidence is maintained by wishful thinking → The more expectations build up, the more they will wait to lift the bulls.
If 110k really comes, I advise: don’t short, it’s meaningless, this wave will likely break through directly. If you really want to gamble, you have to wait for confirmation of a reversal signal; otherwise, it’s easy to short halfway up the hill 😅
📝 Two scripts for bears to face doom:
✅ Script One: Direct surge, first target 117600-119600, any resistance level in between? That’s called a pullback, not a reversal. Talking about a reversal? The first focus is 117600, extreme points 128000-132000.
✅ Script Two: Old trick, bait the bulls → spike → retest the 15-minute support zone 106200~105200 → wash out the last wave of bulls → push above 110k → then refer back to Script One.
Looking back at the records:
50200 called for a massive surge
74500 called for a massive surge
18000 called for a massive surge
30000 called for a massive surge
98250 called for a massive surge
Wave after wave, Brother Bai, this is not a dead bull, what else could it be? 😉
Short-term support: 102980-101980
Short-term resistance: 117600-118600
Continue to wait for the bears to perform, the next liquidation express, arranged! 📦