分析师舒琴
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从业8年，专业链上数据研究，墨尔本大学金融毕业，每天更新各币操作。公众号/微博：分析师舒琴。Youtube直播：分析师舒琴。推特：@BitebiShuqin。币安注册永久返佣20%，邀请码：RR3E0F4F。平时也会在社区更新行情，和大家一起见证币圈新一轮大牛市的崛起！
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Sure enough, it has started to rebound~
分析师舒琴
--
Yesterday really scared me. Is Bitcoin about to rebound?
It was really thrilling that Bitcoin at 113,000 couldn't hold, continued to go down for a while, but fortunately, it eventually came back. However, the market is weaker than we anticipated.
My personal strategy is to continue shorting after the rebound. Although there are some sell orders around 114,500, I believe the perfect shorting point is at 116,000. This is a support-resistance swap point; the support at 116,000 was very strong before, and now its resistance is equally great.
In the short term, Bitcoin shows signs of an oversold rebound. The 4-hour MACD may cross golden for a while, and there might be a rebound. Previous declines of this nature have seen rebounds. I can't say 100%, but the probability is quite high.
So now we just wait for the rebound to finish and then continue to short. The long-term bottom has not yet appeared, and the entire month of August will be relatively weak. Let's let the bullet fly for a while, and when we reach a state of panic or, ideally, extreme panic, I will come out to bottom fish. At that time, don't hesitate to enter!
It was really thrilling that Bitcoin at 113,000 couldn't hold, continued to go down for a while, but fortunately, it eventually came back. However, the market is weaker than we anticipated.
My personal strategy is to continue shorting after the rebound. Although there are some sell orders around 114,500, I believe the perfect shorting point is at 116,000. This is a support-resistance swap point; the support at 116,000 was very strong before, and now its resistance is equally great.
In the short term, Bitcoin shows signs of an oversold rebound. The 4-hour MACD may cross golden for a while, and there might be a rebound. Previous declines of this nature have seen rebounds. I can't say 100%, but the probability is quite high.
So now we just wait for the rebound to finish and then continue to short. The long-term bottom has not yet appeared, and the entire month of August will be relatively weak. Let's let the bullet fly for a while, and when we reach a state of panic or, ideally, extreme panic, I will come out to bottom fish. At that time, don't hesitate to enter!
See original
Yesterday really scared me. Is Bitcoin about to rebound?
It was really thrilling that Bitcoin at 113,000 couldn't hold, continued to go down for a while, but fortunately, it eventually came back. However, the market is weaker than we anticipated.
My personal strategy is to continue shorting after the rebound. Although there are some sell orders around 114,500, I believe the perfect shorting point is at 116,000. This is a support-resistance swap point; the support at 116,000 was very strong before, and now its resistance is equally great.
In the short term, Bitcoin shows signs of an oversold rebound. The 4-hour MACD may cross golden for a while, and there might be a rebound. Previous declines of this nature have seen rebounds. I can't say 100%, but the probability is quite high.
So now we just wait for the rebound to finish and then continue to short. The long-term bottom has not yet appeared, and the entire month of August will be relatively weak. Let's let the bullet fly for a while, and when we reach a state of panic or, ideally, extreme panic, I will come out to bottom fish. At that time, don't hesitate to enter!
It was really thrilling that Bitcoin at 113,000 couldn't hold, continued to go down for a while, but fortunately, it eventually came back. However, the market is weaker than we anticipated.
My personal strategy is to continue shorting after the rebound. Although there are some sell orders around 114,500, I believe the perfect shorting point is at 116,000. This is a support-resistance swap point; the support at 116,000 was very strong before, and now its resistance is equally great.
In the short term, Bitcoin shows signs of an oversold rebound. The 4-hour MACD may cross golden for a while, and there might be a rebound. Previous declines of this nature have seen rebounds. I can't say 100%, but the probability is quite high.
So now we just wait for the rebound to finish and then continue to short. The long-term bottom has not yet appeared, and the entire month of August will be relatively weak. Let's let the bullet fly for a while, and when we reach a state of panic or, ideally, extreme panic, I will come out to bottom fish. At that time, don't hesitate to enter!
See original
Is the cryptocurrency market in a bear phase? A comprehensive analysis of Bitcoin and ETH trends.
1. First, let's talk about what everyone is most concerned about: Will the market continue to decline? My answer is very clear: It will decline throughout August, but there may be a short-term rebound.
From a macro perspective, August and September are both weak months for Bitcoin, with significant downward pressure. Currently, there are no signals indicating that the long-term trend has bottomed because:
1. The Greed and Fear Index is currently at 50, which is in the neutral zone. At the very least, this index needs to drop below 40 for panic, or ideally below 25 for extreme panic, which would be a signal of a bottom. Currently, bulls still have some hope and are not desperate, so there is still room to go down.
From a macro perspective, August and September are both weak months for Bitcoin, with significant downward pressure. Currently, there are no signals indicating that the long-term trend has bottomed because:
1. The Greed and Fear Index is currently at 50, which is in the neutral zone. At the very least, this index needs to drop below 40 for panic, or ideally below 25 for extreme panic, which would be a signal of a bottom. Currently, bulls still have some hope and are not desperate, so there is still room to go down.
See original
So frustrating! Will Ethereum drop further? Where to buy the dip?
Something has happened, Bitcoin's on-chain data has plummeted, is there still hope?
Have institutions exited the market?
The biggest opportunity this year! This coin is about to explode, I will enter here!
Can the Federal Reserve lower interest rates in September? A comprehensive analysis of Ethereum's upcoming trends, discussing the entry points for Pengu, Doge, and Pepe. Click the video to start watching!
Something has happened, Bitcoin's on-chain data has plummeted, is there still hope?
Have institutions exited the market?
The biggest opportunity this year! This coin is about to explode, I will enter here!
Can the Federal Reserve lower interest rates in September? A comprehensive analysis of Ethereum's upcoming trends, discussing the entry points for Pengu, Doge, and Pepe. Click the video to start watching!
See original
Here it comes! The latest unemployment rate and major non-farm employment data from the United States are here. Is this good news?
As shown in the picture, this unemployment rate is higher than expected, which is good news. Meanwhile, the number of jobs is lower than expected, which is also good news!
The current market logic is whether the Federal Reserve can lower interest rates in September, which would be good news. An increase in the unemployment rate and a decrease in the number of jobs could prompt the Federal Reserve to cut rates, so both are considered good news. Recently, the market has been quite volatile, so don't be too aggressive, everyone!~🐰
As shown in the picture, this unemployment rate is higher than expected, which is good news. Meanwhile, the number of jobs is lower than expected, which is also good news!
The current market logic is whether the Federal Reserve can lower interest rates in September, which would be good news. An increase in the unemployment rate and a decrease in the number of jobs could prompt the Federal Reserve to cut rates, so both are considered good news. Recently, the market has been quite volatile, so don't be too aggressive, everyone!~🐰
See original
I was confused, is there still a pleasant surprise? Will it continue to fall?
It seems that Bitcoin has dropped below a certain level! The parallel bottom of 116,000 is likely not to hold, but as shown in the diagram, Bitcoin's box oscillation may change, the last hope is at 113,500, it looks like we can try to go long here.
Yesterday afternoon, Shu Qin told everyone to short near 119,000, and the market gave you two opportunities to enter, both times close to this shorting point, those who should have gotten on board have probably done so.
When I woke up today, I saw that it had dropped more than we expected, which can be called a pleasant surprise. The short position I opened at 120,000 in the middle of the month has not yet closed, and I expect to take profit when Bitcoin's RSI approaches oversold, which we talked about in Wednesday's video.
I want to emphasize again, extreme greed will be present, and extreme panic will not be absent, this is another round of wealth redistribution, August and September are the traditional off-season for Bitcoin, and October will set sail again. Can you seize this opportunity?
It seems that Bitcoin has dropped below a certain level! The parallel bottom of 116,000 is likely not to hold, but as shown in the diagram, Bitcoin's box oscillation may change, the last hope is at 113,500, it looks like we can try to go long here.
Yesterday afternoon, Shu Qin told everyone to short near 119,000, and the market gave you two opportunities to enter, both times close to this shorting point, those who should have gotten on board have probably done so.
When I woke up today, I saw that it had dropped more than we expected, which can be called a pleasant surprise. The short position I opened at 120,000 in the middle of the month has not yet closed, and I expect to take profit when Bitcoin's RSI approaches oversold, which we talked about in Wednesday's video.
I want to emphasize again, extreme greed will be present, and extreme panic will not be absent, this is another round of wealth redistribution, August and September are the traditional off-season for Bitcoin, and October will set sail again. Can you seize this opportunity?
See original
Come down~
分析师舒琴
--
A Day of Great Miracles? The current market is simply outrageous.
Last night, Powell just made a decisive move to crash the market, and then super positive earnings reports from major tech companies like Microsoft appeared, directly sending U.S. stock futures soaring. The Nasdaq rose 1.4% before the market opened, and Bitcoin also came back to life, leaving Shuqin astonished. Can it really be played like this?
The current market situation is as shown in the chart; Bitcoin's doge operators are still using old tricks, faking a breakdown to trigger long stop losses while enticing shorts, then pulling it back up. Shuqin has talked about this routine in several episodes, hoping everyone can take advantage of it; it's all about picking up money.
Yesterday we were preparing to short at a higher point, close to 120,000, but unfortunately, the direction was correct, but Bitcoin couldn't move after rising to 119,000 last night, resulting in no short positions being taken. However, the long position at the support level of 116,000 below can be operated, congratulations to those who have entered.
The current market situation is as shown in the chart; Bitcoin's doge operators are still using old tricks, faking a breakdown to trigger long stop losses while enticing shorts, then pulling it back up. Shuqin has talked about this routine in several episodes, hoping everyone can take advantage of it; it's all about picking up money.
Yesterday we were preparing to short at a higher point, close to 120,000, but unfortunately, the direction was correct, but Bitcoin couldn't move after rising to 119,000 last night, resulting in no short positions being taken. However, the long position at the support level of 116,000 below can be operated, congratulations to those who have entered.
See original
A Day of Great Miracles? The current market is simply outrageous.
Last night, Powell just made a decisive move to crash the market, and then super positive earnings reports from major tech companies like Microsoft appeared, directly sending U.S. stock futures soaring. The Nasdaq rose 1.4% before the market opened, and Bitcoin also came back to life, leaving Shuqin astonished. Can it really be played like this?
The current market situation is as shown in the chart; Bitcoin's doge operators are still using old tricks, faking a breakdown to trigger long stop losses while enticing shorts, then pulling it back up. Shuqin has talked about this routine in several episodes, hoping everyone can take advantage of it; it's all about picking up money.
Yesterday we were preparing to short at a higher point, close to 120,000, but unfortunately, the direction was correct, but Bitcoin couldn't move after rising to 119,000 last night, resulting in no short positions being taken. However, the long position at the support level of 116,000 below can be operated, congratulations to those who have entered.
The current market situation is as shown in the chart; Bitcoin's doge operators are still using old tricks, faking a breakdown to trigger long stop losses while enticing shorts, then pulling it back up. Shuqin has talked about this routine in several episodes, hoping everyone can take advantage of it; it's all about picking up money.
Yesterday we were preparing to short at a higher point, close to 120,000, but unfortunately, the direction was correct, but Bitcoin couldn't move after rising to 119,000 last night, resulting in no short positions being taken. However, the long position at the support level of 116,000 below can be operated, congratulations to those who have entered.
See original
Wow, Powell is really tough! Now even a rate cut in September seems a bit difficult, and Powell also mocked Trump, saying that the beautiful tax law is of no use... Here are the key points from Powell's speech:
Powell: It's still too early to judge the impact of tariffs on inflation.
The impact of tariffs on consumer prices is beginning to show.
The upcoming inflation data is expected to reflect more of the impact of tariffs.
The process of tariffs affecting prices may be slower than previously expected.
It can be said that the Federal Reserve will look at (tariff) inflation through 'not raising interest rates'.
Does not believe that the fiscal policy related to the 'beautiful tax law' has any special stimulating effects.
We do not consider the cost of changes in government (debt) interest rates.
Powell: It's still too early to judge the impact of tariffs on inflation.
The impact of tariffs on consumer prices is beginning to show.
The upcoming inflation data is expected to reflect more of the impact of tariffs.
The process of tariffs affecting prices may be slower than previously expected.
It can be said that the Federal Reserve will look at (tariff) inflation through 'not raising interest rates'.
Does not believe that the fiscal policy related to the 'beautiful tax law' has any special stimulating effects.
We do not consider the cost of changes in government (debt) interest rates.
See original
【Exclusive】Why has Bitcoin stopped rising? Is the bull market over? No more pretending! I've discovered the real规律 of Bitcoin's rise and fall, 90% predict future market trends, and institutions are all using it!
Doubling opportunities, which coins to invest in to get rich? Let's talk about the 4 coins I am most optimistic about, huge opportunities! Click the video to start watching~
Doubling opportunities, which coins to invest in to get rich? Let's talk about the 4 coins I am most optimistic about, huge opportunities! Click the video to start watching~
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Powell will unleash a massacre tonight!
On the eve of the interest rate decision, the market is in a state of anxiety and does not dare to make any moves, and the Bitcoin market seems to be at a standstill. However, at two o'clock tonight, the interest rate decision will be announced, and Powell will give a speech at two-thirty. Will this be a good thing?
According to the latest interest rate expectations, the probability of a rate cut this time is basically 0, so those who are hoping that Trump’s pressure will lead to a rate cut at this meeting can sit down and not be too excited. However, the focus of this meeting is whether Powell will convey signals for a rate cut at the next meeting, starting the first rate cut of this year. I think the probability is quite high.
Because Trump just met with Powell last week, and he used the position of the next Federal Reserve Chair as a bargaining chip to sway other Fed officials. I feel that the probability of the Fed starting to cut rates in September is significantly increasing, and if you look at the chart, the probability of a rate cut in September has already exceeded two-thirds. Therefore, the likelihood that Powell's attitude will soften tonight is quite high, which would be a good thing for the market.
Personally, I plan to increase my positions when the prices are high, especially if there is an increase this time I will run, because several whales I follow are reducing their positions, and after entering August, the market is likely to correct.
So if you have positions, it is recommended to exit at high points; now is not the time to buy the dip. The bulls seem to be a bit too crowded. Let's wait for the market to clear out some of the bullish leverage before we talk, and then we can still try to short around the 120,000 mark for Bitcoin, as we have taken several waves of profit before. I hope this time will go smoothly too~
On the eve of the interest rate decision, the market is in a state of anxiety and does not dare to make any moves, and the Bitcoin market seems to be at a standstill. However, at two o'clock tonight, the interest rate decision will be announced, and Powell will give a speech at two-thirty. Will this be a good thing?
According to the latest interest rate expectations, the probability of a rate cut this time is basically 0, so those who are hoping that Trump’s pressure will lead to a rate cut at this meeting can sit down and not be too excited. However, the focus of this meeting is whether Powell will convey signals for a rate cut at the next meeting, starting the first rate cut of this year. I think the probability is quite high.
Because Trump just met with Powell last week, and he used the position of the next Federal Reserve Chair as a bargaining chip to sway other Fed officials. I feel that the probability of the Fed starting to cut rates in September is significantly increasing, and if you look at the chart, the probability of a rate cut in September has already exceeded two-thirds. Therefore, the likelihood that Powell's attitude will soften tonight is quite high, which would be a good thing for the market.
Personally, I plan to increase my positions when the prices are high, especially if there is an increase this time I will run, because several whales I follow are reducing their positions, and after entering August, the market is likely to correct.
So if you have positions, it is recommended to exit at high points; now is not the time to buy the dip. The bulls seem to be a bit too crowded. Let's wait for the market to clear out some of the bullish leverage before we talk, and then we can still try to short around the 120,000 mark for Bitcoin, as we have taken several waves of profit before. I hope this time will go smoothly too~
See original
Is Bitcoin's dead cat bounce continuing or is it still rising? Let's analyze the profit opportunities.
As shown in the chart, this time Bitcoin is very likely to rebound again! Because the last false breakdown is very worth referencing for us; after the rebound and pullback, it then rose to create a new small peak to complete the distribution.
So this time Bitcoin is also a rebound followed by a pullback. Can it also rebound like before, creating a higher small peak? I think there is a probability of that. Because the 1-hour MACD is still quite healthy, it is in a golden cross, and it seems like it can bounce again.
Overall, Bitcoin is still oscillating in a range, consolidating between 116,000 and 120,000. Profits can be taken on long positions at the upper edge of the range, and a little short position can be set to catch a wave.
So this time Bitcoin is also a rebound followed by a pullback. Can it also rebound like before, creating a higher small peak? I think there is a probability of that. Because the 1-hour MACD is still quite healthy, it is in a golden cross, and it seems like it can bounce again.
Overall, Bitcoin is still oscillating in a range, consolidating between 116,000 and 120,000. Profits can be taken on long positions at the upper edge of the range, and a little short position can be set to catch a wave.
See original
10 million! How to quickly earn your first bucket of gold in the crypto world? Why do whales earn 100 million in a month while retail investors suffer huge losses in a bull market?
Upon deeper thought, comparing smart money and retail investors, I discovered an astonishing secret!
Spot, contracts? The first 10 million in life, fast track!
Click the video to start watching:
#比特币 #以太坊 #巨鲸动向
Upon deeper thought, comparing smart money and retail investors, I discovered an astonishing secret!
Spot, contracts? The first 10 million in life, fast track!
Click the video to start watching:
#比特币 #以太坊 #巨鲸动向
See original
Just now, Tether, the parent company of USDT, issued an additional 1 billion USDT on Justin Sun's Tron chain, marking the first issuance in 17 days, which is no easy feat:
Previously, USDT had been issued on the Ethereum chain, but this time it finally went to Justin Sun's Tron. It seems that after being listed on NASDAQ, there is indeed some effect. Congratulations to Mr. Sun.
Given the issuance of USDT and the new influx of funds, I have decided to take profit on my 119,600 Bitcoin short position for now and observe the situation. There is indeed resistance at 120,000, and on-chain data should also be taken into account. When the two conflict, it's best to just wait and see~
Previously, USDT had been issued on the Ethereum chain, but this time it finally went to Justin Sun's Tron. It seems that after being listed on NASDAQ, there is indeed some effect. Congratulations to Mr. Sun.
Given the issuance of USDT and the new influx of funds, I have decided to take profit on my 119,600 Bitcoin short position for now and observe the situation. There is indeed resistance at 120,000, and on-chain data should also be taken into account. When the two conflict, it's best to just wait and see~
See original
The script is ready, and the actors are in place! SOL has reached 194, and Bitcoin has successfully approached the 120,000 we talked about in the past few days. I feel that this is already perfect. We even took a small short position around 120,000 to catch a pullback. We've analyzed these in the plaza; isn't it very precise?
Congratulations, treasure~😊
Congratulations, treasure~😊
分析师舒琴
--
1 Billion Liquidations! The Dog Fund's Big Scythe Has Cut Down, What Should We Do Now?
Now I see some opportunities for Solana (Sol), it has dropped to the previous consolidation support zone around 170-176. I plan to set up some spot and low-leverage long positions, not expecting a second wave of major rise, just hoping to catch a decent rebound, as shown in the picture. Hope everything goes smoothly~
As for Bitcoin, it is the ancient miners who are selling off, and yesterday we also reminded you that other dog funds are fleeing. You all saw it, and we told you to run. Then on Tuesday, we talked about the CME gap near Bitcoin 114500, which needs to be filled, and now this gap has started to close. This is not metaphysics, it's statistics.
Right now, I am out of positions, with nothing to do, watching the coin price drop, planning to use part of my position to catch a rebound, like the recently mentioned Sol, while observing the other positions to see if there are any breakouts. We will proceed steadily and cautiously.
Now I see some opportunities for Solana (Sol), it has dropped to the previous consolidation support zone around 170-176. I plan to set up some spot and low-leverage long positions, not expecting a second wave of major rise, just hoping to catch a decent rebound, as shown in the picture. Hope everything goes smoothly~
As for Bitcoin, it is the ancient miners who are selling off, and yesterday we also reminded you that other dog funds are fleeing. You all saw it, and we told you to run. Then on Tuesday, we talked about the CME gap near Bitcoin 114500, which needs to be filled, and now this gap has started to close. This is not metaphysics, it's statistics.
Right now, I am out of positions, with nothing to do, watching the coin price drop, planning to use part of my position to catch a rebound, like the recently mentioned Sol, while observing the other positions to see if there are any breakouts. We will proceed steadily and cautiously.
See original
120,000 coming~
分析师舒琴
--
The Trap of the Dog Dealer! The trend of Bitcoin often goes against perception, what should be the next step? Everyone, take a look at the chart.
When Bitcoin broke below the consolidation zone on Friday, a bunch of people felt like the sky was falling, expecting a big drop, and rushed to stop-loss their long positions while opening short positions. But what was the result? This was all a fake move by the dog dealer, pulling it back up, causing the shorts to get liquidated, and the longs to cut losses at the lowest point.
Meanwhile, the smart traders saw the AMD model and knew this was a trap; breaking below actually provided an opportunity to go long. Because of this, we also bottomed out Sol, which had a larger price fluctuation, and the results were good. So what should Bitcoin do next?
Currently, Bitcoin has rebounded to 118,000, and the long positions are doing well, but I think it would be best if it could touch around 120,000 again to complete the distribution in phase D; this would be the most standard move.
In the short term, it has risen quite a bit, and a slight pullback to 117,000 is acceptable. Aggressive traders can layout some long positions here, while cautious ones can just enjoy the profits made earlier and watch, trying a short position in the resistance area around 120,000, aiming to catch a pullback.
I do not believe this rise will initiate a new bull market, as the daily MACD for Bitcoin has already crossed bearish. It’s quite strong to hold in a range; even if it breaks above the previous high, it's very likely a false breakout, so don’t be deceived. If it breaks above and then falls back below the previous high, that would be a weak signal, and at that time, I will look to go short.
The above are some theoretical references. The crypto market is now deeply tied to Wall Street, and we often encounter fluctuations caused by sudden news. If there are any, we will take a look then. I like big volatility because it often represents opportunity.
When Bitcoin broke below the consolidation zone on Friday, a bunch of people felt like the sky was falling, expecting a big drop, and rushed to stop-loss their long positions while opening short positions. But what was the result? This was all a fake move by the dog dealer, pulling it back up, causing the shorts to get liquidated, and the longs to cut losses at the lowest point.
Meanwhile, the smart traders saw the AMD model and knew this was a trap; breaking below actually provided an opportunity to go long. Because of this, we also bottomed out Sol, which had a larger price fluctuation, and the results were good. So what should Bitcoin do next?
Currently, Bitcoin has rebounded to 118,000, and the long positions are doing well, but I think it would be best if it could touch around 120,000 again to complete the distribution in phase D; this would be the most standard move.
In the short term, it has risen quite a bit, and a slight pullback to 117,000 is acceptable. Aggressive traders can layout some long positions here, while cautious ones can just enjoy the profits made earlier and watch, trying a short position in the resistance area around 120,000, aiming to catch a pullback.
I do not believe this rise will initiate a new bull market, as the daily MACD for Bitcoin has already crossed bearish. It’s quite strong to hold in a range; even if it breaks above the previous high, it's very likely a false breakout, so don’t be deceived. If it breaks above and then falls back below the previous high, that would be a weak signal, and at that time, I will look to go short.
The above are some theoretical references. The crypto market is now deeply tied to Wall Street, and we often encounter fluctuations caused by sudden news. If there are any, we will take a look then. I like big volatility because it often represents opportunity.
See original
The Trap of the Dog Dealer! The trend of Bitcoin often goes against perception, what should be the next step? Everyone, take a look at the chart.
When Bitcoin broke below the consolidation zone on Friday, a bunch of people felt like the sky was falling, expecting a big drop, and rushed to stop-loss their long positions while opening short positions. But what was the result? This was all a fake move by the dog dealer, pulling it back up, causing the shorts to get liquidated, and the longs to cut losses at the lowest point.
Meanwhile, the smart traders saw the AMD model and knew this was a trap; breaking below actually provided an opportunity to go long. Because of this, we also bottomed out Sol, which had a larger price fluctuation, and the results were good. So what should Bitcoin do next?
Currently, Bitcoin has rebounded to 118,000, and the long positions are doing well, but I think it would be best if it could touch around 120,000 again to complete the distribution in phase D; this would be the most standard move.
In the short term, it has risen quite a bit, and a slight pullback to 117,000 is acceptable. Aggressive traders can layout some long positions here, while cautious ones can just enjoy the profits made earlier and watch, trying a short position in the resistance area around 120,000, aiming to catch a pullback.
I do not believe this rise will initiate a new bull market, as the daily MACD for Bitcoin has already crossed bearish. It’s quite strong to hold in a range; even if it breaks above the previous high, it's very likely a false breakout, so don’t be deceived. If it breaks above and then falls back below the previous high, that would be a weak signal, and at that time, I will look to go short.
The above are some theoretical references. The crypto market is now deeply tied to Wall Street, and we often encounter fluctuations caused by sudden news. If there are any, we will take a look then. I like big volatility because it often represents opportunity.
When Bitcoin broke below the consolidation zone on Friday, a bunch of people felt like the sky was falling, expecting a big drop, and rushed to stop-loss their long positions while opening short positions. But what was the result? This was all a fake move by the dog dealer, pulling it back up, causing the shorts to get liquidated, and the longs to cut losses at the lowest point.
Meanwhile, the smart traders saw the AMD model and knew this was a trap; breaking below actually provided an opportunity to go long. Because of this, we also bottomed out Sol, which had a larger price fluctuation, and the results were good. So what should Bitcoin do next?
Currently, Bitcoin has rebounded to 118,000, and the long positions are doing well, but I think it would be best if it could touch around 120,000 again to complete the distribution in phase D; this would be the most standard move.
In the short term, it has risen quite a bit, and a slight pullback to 117,000 is acceptable. Aggressive traders can layout some long positions here, while cautious ones can just enjoy the profits made earlier and watch, trying a short position in the resistance area around 120,000, aiming to catch a pullback.
I do not believe this rise will initiate a new bull market, as the daily MACD for Bitcoin has already crossed bearish. It’s quite strong to hold in a range; even if it breaks above the previous high, it's very likely a false breakout, so don’t be deceived. If it breaks above and then falls back below the previous high, that would be a weak signal, and at that time, I will look to go short.
The above are some theoretical references. The crypto market is now deeply tied to Wall Street, and we often encounter fluctuations caused by sudden news. If there are any, we will take a look then. I like big volatility because it often represents opportunity.
See original
Is the danger of Bitcoin lifted? Is it time to go long? Let's take a look with Shu Qin!
BTC has finally reached this CME gap, with a false breakdown to lure shorts, taking out long stop losses, and completing the turnover. Today it has already risen to 117800. So what should we do next?
From the pattern, Bitcoin is very likely following an AMD model, and the previous movements have all confirmed our earlier analysis. If this model continues, it could rise to around 120,000 in the green zone shown in the chart. We have already captured profits from this rebound after the false breakdown, and if you want to re-enter, you can look for a pullback, such as entering around 116600.
The only imperfection is that the CME gap has not been fully filled, just a little bit shy, so we still need to be cautious. Then we went long on Sol at 176, and today it successfully reached 186. I am very satisfied; taking some profits is fine, or you can hold the profit and aim for the second target of 192. Many friends have reported their success to me, congratulations to you all!
BTC has finally reached this CME gap, with a false breakdown to lure shorts, taking out long stop losses, and completing the turnover. Today it has already risen to 117800. So what should we do next?
From the pattern, Bitcoin is very likely following an AMD model, and the previous movements have all confirmed our earlier analysis. If this model continues, it could rise to around 120,000 in the green zone shown in the chart. We have already captured profits from this rebound after the false breakdown, and if you want to re-enter, you can look for a pullback, such as entering around 116600.
The only imperfection is that the CME gap has not been fully filled, just a little bit shy, so we still need to be cautious. Then we went long on Sol at 176, and today it successfully reached 186. I am very satisfied; taking some profits is fine, or you can hold the profit and aim for the second target of 192. Many friends have reported their success to me, congratulations to you all!
分析师舒琴
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1 Billion Liquidations! The Dog Fund's Big Scythe Has Cut Down, What Should We Do Now?
Now I see some opportunities for Solana (Sol), it has dropped to the previous consolidation support zone around 170-176. I plan to set up some spot and low-leverage long positions, not expecting a second wave of major rise, just hoping to catch a decent rebound, as shown in the picture. Hope everything goes smoothly~
As for Bitcoin, it is the ancient miners who are selling off, and yesterday we also reminded you that other dog funds are fleeing. You all saw it, and we told you to run. Then on Tuesday, we talked about the CME gap near Bitcoin 114500, which needs to be filled, and now this gap has started to close. This is not metaphysics, it's statistics.
Right now, I am out of positions, with nothing to do, watching the coin price drop, planning to use part of my position to catch a rebound, like the recently mentioned Sol, while observing the other positions to see if there are any breakouts. We will proceed steadily and cautiously.
Now I see some opportunities for Solana (Sol), it has dropped to the previous consolidation support zone around 170-176. I plan to set up some spot and low-leverage long positions, not expecting a second wave of major rise, just hoping to catch a decent rebound, as shown in the picture. Hope everything goes smoothly~
As for Bitcoin, it is the ancient miners who are selling off, and yesterday we also reminded you that other dog funds are fleeing. You all saw it, and we told you to run. Then on Tuesday, we talked about the CME gap near Bitcoin 114500, which needs to be filled, and now this gap has started to close. This is not metaphysics, it's statistics.
Right now, I am out of positions, with nothing to do, watching the coin price drop, planning to use part of my position to catch a rebound, like the recently mentioned Sol, while observing the other positions to see if there are any breakouts. We will proceed steadily and cautiously.
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