Bitcoin $BTC spent a day at the pressure level of 9.68 and failed to break through. It is weak. It takes time for the weekly MACD to turn around. The K-line cross star closed negative. It may continue to fall next week. Ethereum $ETH looks stronger than Bitcoin, but it has not even been able to stand above 2850. At least it is too early to be optimistic at present. If it continues to stay below 2850, it is also believed that the probability of continuing to fall next week is high.
If it consolidates for too long, it's easy to see a fake move; this is more about experience. Bitcoin $BTC surged in the evening, filled the four-hour gap, and made a peak, and has now been settled.
From the current price action, it satisfies what was mentioned in the morning about the volume spike breaking below the 102600 low and then recovering. So, there is a possibility of forming a bottom here; aggressive traders have no reason not to go long, and the stop loss isn’t far, just at the previously mentioned low point, making the risk-reward ratio very favorable. I have entered, and will continue to follow up after waking up tomorrow at noon. #BTC
A day has passed, and Bitcoin $btc has basically not changed; it’s like still water with no waves. The levels and intraday views can even be directly taken from yesterday... In the triangle zone, we can only make short trades, with stop losses at the upper and lower bounds to seek a bit more space.
However, looking at the smaller time frames, this triangle is also nearing its end, and today it seems that more bulls have turned to the bear camp. Following yesterday's thought, if we can go down first in the next couple of days, we won't be looking directly below 99,000. The low points of 103,300 from a few days ago, especially the low points around 102,600, are the key areas to pay attention to.
If we see a volume spike with a quick break below and then a rapid recovery in the smaller time frame, we will consider trying to go long in these areas. #BTC
The long-awaited interest rate decision may meet everyone's expectations? Or has the turmoil in the Middle East shifted attention? Regardless of what it is, the result has failed to create even a ripple.
Last night, during the data release, more people chose to short, and the main force resisted at this position but couldn't push down in one go. It has now formed a narrow trading range, with the upper limit at 105200-105800 and the lower limit at 103300-104000.
However, from a larger perspective, yesterday's trading volume was not large, and the rebound strength was also weak. After oscillating here, the probability of moving down is slightly higher. The main strategy for the day is still to short at high levels, unless there is a volume increase and it stands above 106300. #BTC
Bitcoin $BTC This dog farm is quite interesting, the meat grinder mode between the high point of 112,000 and the low point of 100,000. Every turning point occurs near 78.6. Yesterday's drop corresponds to the 78.6 position around 107,700, worth noting... #BTC
Han's place is basically the bottom card for many cryptocurrencies. Once the bottom card is out, the cost-performance ratio is extremely high.
Moreover, the highs of many cryptocurrencies generally occur within two hours of the announcement. If the daily chart also happens to rise and hit some key positions, the probability of success increases further.
I am now hearing that many friends are considering shorting rebounds from clones, so once this good news is out, the rebounding high-position coins should be a very good choice. $ALT $HAEDAL
Bitcoin $BTC continues to fluctuate upwards. The local war doesn't have much impact, but when the forces of bulls and bears are relatively balanced, such events can become tools for market manipulators to draw lines. These uncertain events also greatly increase the difficulty of short-term trading.
Subjectively, I continue to see an upward fluctuation. As long as it doesn't break the trend line, I still believe it will go above 110,000. Yesterday, it even reached 108,900, which is just a little distance from the upper parallel top and even the previous high. It seems a bit unreasonable not to sweep it.
This week's five-star event is the interest rate decision on Thursday at 2 AM. There is no doubt that there will be big fluctuations on that day. #BTC
Expected chart of Bitcoin $BTC for painting number 12, the price had not dropped at that time, now 5 days have passed, the first half was correct.... Do you think the latter part can be correct? 🤔🤔🤔 #BTC
Bitcoin $BTC said last Friday that the upward correction starting from 104200 is ongoing, and the support level of 104000 has not been broken. It has now reached the resistance level of 106800, with the next resistance range at 107500-108000. The best entry point during the day is around 105200, with a support position at 104400. #BTC
The drop recovery paired with the weekend, this wave of Bitcoin $BTC today is really a bit touching... Yesterday's daily candlestick pattern and volume were quite good, today's short long position is around 104400-104700, as long as it doesn't fall below 104000, it is believed that the upward momentum will continue. #BTC
Bitcoin $BTC's view yesterday was that there was a short opportunity around 107,000, but the pullback would not end here, and it needs to go below 104,500.
Yesterday's operation was an average price of 106,900, and exited at 108,200, short-term operation. This morning, the price was brought down by the war, and the short position from the day before yesterday is currently quite profitable.
So, with such a "plunge" in Bitcoin, is the crypto market over? Although yesterday's drop was indeed a bit deep, it was also within expectations; the previous surge of ten thousand points was too rapid, the foundation was unstable, and it was necessary to have such a pullback. Only such a drop can eliminate the long positions accumulated from the previous surge, which I think is quite good.
Currently, the drop is actually sufficient, the previous four-hour line also has some volume increasing, buying a bit around 103,500 on the left side is not a big problem, and it's prudent to wait for another two lines to see if it continues to break down. The key point is whether it breaks the previous low of 100,000.
Where can you find a gambler who loses every day? Missing the last rise of Bitcoin $BTC is not a big issue; you can capitalize on the drop. In the short term, the first support level is around 107,000, which can be a short-term buy. Personally, I believe this can only be a short-term buy. The target for this round of correction is around 104,500. #BTC
Bitcoin $BTC Although the weekly chart has shown a significant rise, the volume is not large, so it can only be considered average. The daily chart touched the middle band and retraced, failing to break through the 1068 range. At this level, the risk-reward ratio is better, and the stop loss is quite close. The lower level can first look at around 10350. On Thursday morning, the CPI data will be released, and if the weekly chart continues to rise, it would be more reasonable to take a step back on Monday or Tuesday.
Bitcoin $BTC from the peak on May 27, called for a short position at that level, still partially held, and there are no clear signs of stopping the decline. The subsequent market outlook has been expressing that the position to wait for is around 100K.
I thought someone followed, but the feedback from fans is that they indeed followed the short, but ran away after a slight drop 😂
After some consideration, I opened a HeYue skirt, I will personally share market views, and I also found partners with a higher frequency of opening orders to share intraday strategies. The results have been pretty good after two days, and the next steps are intraday operations + capturing large market movements, coordinating the rhythm of medium and short-term strategies.
If you find it difficult to play with HeYue by yourself, you might consider playing together! #BTC
Bitcoin $BTC , this retracement has a high probability of not being over yet, the first retracement target is in the range of 102000-103000, a more ideal target is in the range of 9.85-10W. Intraday support 104200 103000 Intraday resistance 105300 #BTC☀️
After updating the Bitcoin $BTC market and operational suggestions on Tuesday, there has been no update on the overall market view, as the large-scale operational suggestions, including price levels, have been provided and since there has been no stop loss hit, there is no need to repeat.
Currently, Bitcoin has reached below 104,000, the first expected position, and those who have followed can take partial profits here, while the other part can wait for the 98,000-100,000 range.
For those who missed the larger scale short, there is no need to chase this price, as the best range has already been missed, and one can only do intraday trades; wait for the pullback to consider entering long positions.
Finally, I wish everyone a healthy Dragon Boat Festival! Let's battle again after the holiday. #BTC☀️
On the weekly chart, Bitcoin $BTC surged with significant volume last week under some favorable conditions, but it still failed to close above the previous high of 111,000, indicating that there is still significant divergence or pressure above. After the Bitcoin conference, the short-term favorable conditions may not continue; waiting for Trump's comments is too much of a gamble. Therefore, this week will attempt to short; today we will be at 110,900, aiming to stay above 111,000 as a stop loss.
If the stop loss is hit, then the conference may lead to a brief surge to the previous high, around 111,300? A surge followed by a pullback will be attempted again.
This short position is just a pullback, not a reversal; for instance, it might drop below 104,000 before considering re-entering long positions. #BTC☀️
The general idea has no specific operations, it's the same as yesterday's viewpoint. I dare not chase in these two days, watching you brave ones reap the rewards. Bitcoin $BTC has already reached a height similar to previous surges this time, the probability of a direct reversal is indeed low, but it is about to enter a consolidation period after replicating several segments of this round of surges. #BTC☀️
Bitcoin $BTC welcomes a new high on 'Pizza Day' with a breakthrough of 110,000 USD, Happy Holidays! The weekly golden cross has formed, and the closing price for the week is very important. If it can close above the previous high, we can look for positions to participate in the next bullish phase for Bitcoin. It may take a bit longer to find a better position, but I believe waiting a couple more days for confirmation is more important. The altcoin position remains at half, today is a new high day, Pizza Day, and the President's dinner three BUFF stacking day. If we can get a decent spike in the next few days, I'll add to my position.