With him, it won't rise, don't worry about the short.
Binance News
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Majie increases its long position by 575 ETH in nearly half an hour, raising the position to 5575 ETH
According to BlockBeats, on December 18, Hyperinsight monitoring showed that 'Majie' increased its long position by 575 ETH in nearly half an hour, raising the position to 5575 ETH.
As of the time of publication, the value of its new round of long positions is 15.92 million USD, with a floating loss of 384.6 thousand USD, and the liquidation price is 2753 USD.
Brother Maji increases ETH long position in the past hour, position valued at 11,920,000 dollars
According to Odaily Planet Daily, Hyperbot data shows that Brother Maji has continuously increased his ETH long position in the past hour. Currently, his position is valued at 11,920,000 dollars, with a liquidation price of 3,083 dollars.
Deadly Triangle Formation! Down 85% or Surge 530%, Dogecoin is entering its craziest moment
Dogecoin price has broken below the upward trend line that has lasted for a year and is currently testing the key Fibonacci support level of $0.13. The market is in extreme divergence: if it effectively breaks below, it may plunge to $0.02 (an 85% drop); if it reverses here, it could potentially begin a bullish journey towards $1 (a 530% increase). Historical performance shows that a monthly closing price below the trend line often marks the start of a 'surge season' rather than a crash. ⚖️ Bull-Bear Critical Point: Dual meaning of $0.13 Downward Risk Path: Trigger Condition: Daily closing price confirms a break below $0.13 Target Price Level: $0.02 (1.618 Fibonacci extension)
Weekly Market Analysis (11.30) Summary: 1. From Vanke's debt crisis to opportunities in the real estate market 2. The rebound ends before the interest rate cut (12.11), with the bottom appearing after the options expiry (12.19). 3. NVIDIA and MicroStrategy 4. Let's talk about the A-shares 5. Reasons why the daily level rebound is likely not over 6. Market uncertainty and corresponding operational strategies
Operations: 1. $BTC short at 97333, take profit at 80600 2. $ETH short at 3300, take profit at 2620 3. $SOL short at 153.3, take profit at 121 4. Bitcoin long at 80000, add at 78500, take profit at 100300 5. Ethereum long at 2600, add at 2550, take profit at 3400 6. SOL long at 121, add at 118, take profit at 163.3 (If a short position can be established, keep the long position; if a long position is directly established before the short position, cancel the short position)
As everyone knows, I rarely hold a short position. So since I am in a short position, it indicates that the current market is indeed not very good for entry. Theoretically speaking, the weekly downtrend starting from 126000 has not ended, and the current issue is where the daily uptrend starting from 80600 will end. Considering the reasons mentioned above, I personally still tend to believe that Bitcoin will continue to push above 97000 next week. If that's the case, it would also allow for additional gains from a medium-term short position. From a structural perspective, it's 80600~98000, 98000~78500. Then it ends the weekly downtrend starting from 126000.
However, if it goes directly down from 93000, that can also make sense. If that's the case, then the weekly downtrend starting from 126000 would equate to 9 daily level structures. From a structural perspective, it's 80600~93000, 93000~79000, 79000~90000, 90000~77000.
I personally lean more towards the former, as combined with the key nodes of major events, there should only be one 4H level upward and one daily level downward, and there shouldn't be three daily level structures emerging.