Some people are always talking about the bull coming, or the bear coming What does it mean? Last month it fell to 74500 This month it returned to 104000, but so what Those friends who shouted bear when it fell to 74500, how are they doing now? Now that it has risen, they say the bull is here, yes, you're just chasing it desperately What about the bear? What about the bull? If you can't hold on, it's all just talk From 78000, I looked bullish at 105000, nearly 30,000 points of space However, I didn't hold on, what does it mean to say those things! Doing well in the present is the most important, everyone wants to reach the top in one step, Is there really such a good thing? Please take me with you! #BTC重返10万 #本周高光时刻
Saturday, October 5th, Weekly Review and Long-term Outlook for Next Week
Strength creates classics, kings forge legends. This week, Bitcoin experienced another round of one-sided rise, with the price rising from the 93,300 range, reaching a maximum of 104,300 under pressure, overall showing a growth of 11,000. In this week's outlook, we have been bullish and went long all the way, essentially capturing all of the second round of gains. As early as last Saturday's weekly review, the long-term outlook was very clear: Bitcoin bullish from 93,500 to 105,000, Ethereum bullish from 1,730 to 2,500. Bitcoin basically fulfilled this perfectly, and Ethereum also provided a substantial gain. The outlook can be described as quite perfect, and I believe friends who kept up with the rhythm have reaped significant rewards.
Regarding the long-term outlook for next week, my personal view is to first pay attention to the pullback of the market. We must first confirm the overall direction. From the weekly chart, the overall trend is currently upward, following a pattern of oscillating upward. Since the bottom of 74,500, the trend has stretched and then undergone oscillating adjustments, continuing to rise. This week also closed with a large bullish candle, so the possibility of a downward adjustment is quite high. Moreover, the current price is also in a strong resistance area. To break through this area directly, it requires prolonged accumulation of energy. Currently, the bulls are showing signs of exhaustion, so the possibility of a breakout next week is low.
Looking back at the daily chart, the price has stopped rising at a high level after continuous gains. The bullish energy has shown signs of exhaustion after a long release, and continuous gains will eventually lead to a technical adjustment. After all, the market will not always rise, nor will it always fall. If next week cannot stabilize above 105,000, the risk of a pullback is quite significant. Therefore, I personally do not expect the price to effectively break out next week, and my personal view is mainly bearish.
For the long-term outlook next week, my personal view is to short around 104,000-105,000, with a target focusing on the 95,000-93,000 range. For Ethereum, short at 2,400-2,500, looking back at the 2,000-1,900 range.
Life occasionally has frosty cold, don’t be afraid! Just like making soup, simmering on low heat is what brings out the rich flavor. Every setback adds fuel to the fire; hold on, the fragrant hot soup that belongs to you will surely be ready, warming your life ahead. #BTC重返10万
Saturday, October 5th, Upward Movement Stops, Short-term Focus on Pullback Adjustment
The weekly trend has mostly completed, and after continuous stretching, the coin price is currently under pressure in the 14300 area. We have seen good gains as we maintained a bullish outlook to this point. Yesterday, after looking bullish towards 105000, the market showed signs of stagnation, and in the evening, it directly turned bearish, resulting in a slight pullback. Compared to yesterday's trend, the overall movement remains relatively choppy, with opportunities for both bulls and bears. Currently, with high stagnation, we will first look for a pullback in the short term.
From the current daily trend perspective, there isn't much change in the overall rhythm; it still shows a bullish pattern. After a significant upward stretch, there has been a bearish pullback. The pullback force is relatively small, but it must be acknowledged that stagnation is currently occurring. Therefore, we will not chase high prices at this level, especially in such a strong resistance area. The 4-hour chart shows this more clearly, as after continuous highs, there has been a brief period of adjustment with signs of a halt from the bulls. The high position clearly shows resistance, and the halt in upward movement implies a risk of pullback. Thus, in the short term, we won't chase long positions at high levels and will first focus on the pullback situation, with operations primarily based on bearish strategies.
On Saturday morning, it is recommended to short Bitcoin at 103300-103800, with targets focusing on the 102000-101000 range. On Saturday morning, it is recommended to short Ethereum at 2340-2350, with targets focusing on the 2300-2250 range.
Small position, all four orders are directly operated, No excessive calculations, approximately above 1500 Today's market is still very manageable Bullish in the morning, bearish in the evening, both have Li Run The big market has passed, what follows may be wide fluctuations #BTC重返10万
The large pancake hourly range is contracting, the Bollinger Bands are tightening, and unless something unexpected happens, there will be a small upward breakout above 104000 early in the morning, with a direct loss if it falls below 10200, following with a trend towards #本周高光时刻 .
The market sentiment over the past month has truly been invincible. Today, I was originally bullish at 105000, with a peak spike to 104360. In the evening, I directly reversed to short at 103500-10400, resulting in another drop of over a thousand points. This has been the case recently as well, including the previous long position at 78000 looking towards 93000, then 93500 looking towards 105000, which has basically all been realized. It's an incredibly divine rhythm. If you are currently facing difficulties in your operations, why not try a different approach? You might encounter unexpected surprises!#BTC重返10万
This market situation is no longer structured, Short near 103660 in the evening Take down the 700 iodine pullback space Currently, the rhythm is leaning towards oscillation, Wait for a slight rebound before continuing to short #BTC重返10万
This market is completely stagnant. Those who made big gains earlier now find even small opportunities unattractive. It’s a mediocre market; will it just drag on until the weekend? It can’t go up or down, just a slight range oscillation. We still need to continue to press the high point around 103800, with no other choice. At this position, it's better to give up chasing long positions than to blindly pursue them, especially since we are currently in a strong resistance area. #BTC重返10万
The reason for turning bearish now is due to a comprehensive analysis of multiple factors, including market trends, timing, and fundamentals. First of all, there has clearly been a stagnation performance in the short term on the market. This is also at a previous major cycle's resistance area. Considering that the market has been rising consistently for a while, and currently the upward momentum appears to be weak, it is expected that the bullish trend is nearing its end in the short term. Furthermore, interest rate hikes and tariffs have already been implemented, and technical indicators are showing bearish signals in the short term. Therefore, considering the overall situation, it is advisable not to chase the rise excessively in the short term, and to primarily consider turning bearish.
Friday, September 5th, upward stagnation, watch for a drop in the evening
After a month of strong upward movement in cryptocurrency prices, the bulls finally came to a halt. Bitcoin has risen from the previous level of 74457 to the current area of 104400, achieving an overall increase of nearly 30,000 points. We have been bullish since April 12th, predicting that Bitcoin would rise from 78000 to 93000, and then from 93509 to 105000, with our long-term outlook largely fulfilled. Currently, the price has reached the weekly resistance zone, where stagnation is observed, so it is not advisable to chase the price too aggressively at this moment.
In fact, compared to the current daily trend, the upward trend has not changed, but stagnation has also occurred at high levels. Throughout the day, attempts to test the high points have been suppressed, and previous price movements have made several attempts in this area. After briefly piercing 110000, it failed to stabilize and gradually moved downwards. Now it has returned to the pressure zone and stagnation is occurring, so it is prudent not to chase the price further. Additionally, from a cyclical perspective, the bullish trend has continued for a month, and it has now reached the previous high point area, with bullish momentum nearing its end, resulting in insufficient upward strength. The 4-hour chart shows signs of fluctuation at high levels, indicating a potential reversal. The pressure at high levels is strong, so in the short term, we should watch for a pullback and shift our strategy to focus on short positions.
For Friday evening, it is recommended to short Bitcoin around 103500-104000, with a target of 101000-100000. For Friday evening, it is recommended to short Ethereum around 2360-2380, with a target of 2250-2100.
Every day there are bears, every day there are losses I said not to be afraid, what is there to be afraid of! If you are bullish and take action, you'll reap the rewards, If you feel fear, then your battlefield is destined not to belong here#BTC重返10万
In this market, don't panic if this big coin pulls back by 1-2 thousand points. With the increase of 9000 points from yesterday to now, isn't it very normal to pull back by one or two thousand points? As long as the weekly line doesn't close bearish, the bullish outlook remains unchanged. Once you've identified the trend direction, just leave it to time. If you can't handle a pullback of one or two thousand points, what big coin are you trading, and what contracts are you playing with? #BTC重返10万
Ethereum is currently experiencing a crazy rebound Yesterday it was still at 1800, today it jumped directly to 2240 If you're interested, you can get some Ethereum Overall it's not bad, Ethereum is definitely not done yet 2500 is not far off, you can refer to #BTC重返10万