柴柴大魔王

The 3-day chart of the pancake shows that there is a strong accumulation area below, which may lead to a downward pin with a green circle. Overall, the shape looks like a rising W bottom #BTC走势分析 .

Ethereum ETH has broken down, and the short-term trend has entered a critical observation period.
Currently, we are focusing on whether an effective rebound occurs in the next three days.
If the current long bearish candle cannot be engulfed within three days, the overall structure remains bearish.

Resistance levels to watch: 2466 - 2506
Support levels to watch: 2170 - 2120

Short-term suggestion: Stay on the sidelines and wait for confirmation of rebound strength before making further judgments. #BTC走势分析 $ETH

Due to yesterday being the United States 'Juneteenth', the US stock market was closed. The overall Bitcoin market was stable, with a small candlestick on the daily chart, indicating clear signs of fluctuation.
The 12-hour chart continues to show a downward pinning trend, and short-term sentiment remains cautious.
In the Asian session, we will first look for a rebound, with upper resistance focused on the 106500-108000 range, and lower support around 102000-100500.

The Federal Reserve's decision last night clearly indicated that there will be no rate cut in June, while still leaving the possibility of a rate cut for the entire year uncertain. Among the 19 officials, 10 expect two rate cuts for the year, 7 believe there will be no rate cuts for the year, and another 2 think there will be only one rate cut. This is obviously not an expectation that excites the market.

If the Federal Reserve cuts rates by 25 basis points in both September and December, it will still align with the current market pricing, and volatility will be relatively mild. However, if there is no rate cut in September, it will trigger a release of pessimistic sentiment in the market.

Again, I want to emphasize that my strategy for spot trading has always been clear: start building positions after a 50% drop, double down when it drops 70%. The goal is to achieve an annualized compound return of 50%-150%. I only trade 1-2 times a year.
#BTC走势分析

If Bitcoin can adjust at the current position, Ethereum may directly start to rise. However, the ideal pace is still for Ethereum to consolidate for a period of time.

If Ethereum cannot return to the original channel, it may further dive to find support.

Regarding Bitcoin, if the price breaks below the starting price of the first wave, the chance of a rebound will become a signal to short—corresponding to a failed five-wave structure, which also means that the current adjustment has not yet ended.

Next, it is still necessary to pay close attention to the performance in the 97777-88888 range.
#BTC走势分析

This section of five waves pulling back to 108000-107200 is normal, but the body cannot fall below 105333 here, which is the peak of the first wave. The fourth wave pullback cannot fall below the peak of the first wave. If it falls below, we can assume this section has reached its end. #BTC走势分析

ens spot support and resistance
#BTC走势分析 #ens

Today, the Bitcoin sentiment is a bit complicated. Focus on two key levels: 106800 above and 103000 below.

106800 is the middle line of its daily chart. Once it breaks through, there is a chance to open up upward space.
103000 is the 0.236% retracement level of this wave of increase. If it breaks down, it will look for the 0.382% hypothetical second wave range.

Currently, Bitcoin is hovering in the middle, making it more suitable to place breakout trades.
If it breaks through 106800 and retests, consider going long with the target of a new high.
If it breaks below 103000, short on a rebound with no volume.

Of course, you can also try trading with a small position near these two levels, with a small stop loss. Just go for it.
#BTC走势分析

The daily candlestick for the pancake has formed a doji, indicating that the high-level fluctuations are showing signs of fatigue.
For four consecutive days, it has not been able to engulf the large bearish candle from the 23rd, indicating that the market is still in a weak pattern.
The overall strategy remains bearish, with two operational strategies:
1. Lightly shorting, with a stop loss at new highs, for conservative attempts;
2. If the price breaks through new highs, a reverse short can be executed, responding according to market analysis.

Recent profits have been quite good, with proper position management, and having room for trial and error is our advantage.
Great traders do not avoid mistakes but dare to continuously experiment within controllable limits. #BTC走势分析

Pancake Daily Morning Report | May 27

Pancake has encountered resistance at the high level of 112,000 and has continuously retreated, currently hovering around the 109,000 area, entering a high-level consolidation in the short term.

Key Levels:
Upper Resistance: 110,500 / 112,000 (Previous High)
Lower Support: 108,000 / 106,400 (4-Hour Trend Line)

Operating Strategy:
If it retraces to 108,000 without breaking, it is likely to attempt a second assault on 112,000.
If it falls below 106,400, it may enter a short-term adjustment, be cautious of a long liquidation.

Currently, I maintain a light position and wait for directional confirmation before participating. Position control + risk priority.
Too many words, unable to send #BTC走势分析

Weekend Pressure Support Reference
#加密市场反弹

The U.S. GDP data to be released tonight may bring some unexpected surprises. From the performance of the U.S. stock market on Monday and Tuesday, it seems the market has already reacted in advance. Traders appear to have made preliminary pricing on the direction of the GDP data. Even if the data underperforms expectations, it may not necessarily be a bad thing; rather, it could strengthen the market's expectations for a rate cut by the Federal Reserve within the year. At the same time, it is worth noting that PCE inflation expectations have been continuously declining, which undoubtedly opens up greater policy maneuvering space for the Federal Reserve. If GDP growth slows while inflationary pressures ease, the logic for a rate cut will be more persuasive. The market has been gradually pricing this logic, so in the short term, the U.S. stock and bond markets may show better-than-expected performance, especially after the data is released. Overall, regardless of whether tonight's data is strong or weak, its impact on the market hinges on whether it further supports the expectation of a rate cut within the year. Combined with the current scenario of slowing economic growth and declining inflation, the market seems ready to embrace a situation where bad news is seen as good news.

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Tonight, a bunch of data is out. Focus primarily on GDP, and secondly, we also need to pay attention to PCE. The GDP expectation is bearish, as the gap from the previous value is too large. There won't be much analysis here as various major influencers have already discussed it. We must be extremely cautious in our operations here; tonight we either don't trade or we trade at extreme points.
The extreme point for Bitcoin is as follows.

Large pancake 8 hours m peak expectation new high immediate peak divergence m peak
#比特币

Pancake daily line breaks through the rising channel without a pullback. Here there will generally be 1-3 pullbacks; it can continue to rise only if it does not break down.

Big Pancake Weekend Support and Resistance Reference