In the article I posted the day before yesterday, I reminded my brothers that the current trend looks grim. Indeed, yesterday saw the confirmation of a hanging man candlestick, and after a final wave of false bullishness last night, the market began to decline without looking back. Brothers, do you still have any bullets left? If you didn't buy the dip this morning, please be sure to wait for an opportunity if you still have bullets.
Intraday Viewpoint: After yesterday's accelerated decline, BTC just hit the key support level on the daily chart. This chart was drawn for my brothers last week, but strangely, the premium index has actually risen, which is very unusual. Could we see a V-shaped reversal again? I'm quite optimistic, as this situation is too abnormal. The key today is whether it can rebound to 104585. If it can stabilize at this level on the 4-hour chart, then it remains bullish. However, if the premium index starts to decline with the market this evening, then the market cannot continue to rise. Keep an eye on the support levels below at 103104 and 101411.
ETH Viewpoint:
ETH is really in a bad shape, directly falling over 400 points. Unfortunately, the short position was closed too early. Currently, ETH needs to stabilize at the 4-hour level of 2542 to continue rebounding; otherwise, we are still looking at the support level below at 2413. #加密市场回调
Do you still have your bullets? Every major market movement either results in being trapped or running out of bullets, which is likely the situation for most people 🤧
The day before yesterday, my opinion was bearish.
To be honest, I didn't think the daily close looked good the day before yesterday, and I don't think there's anything wrong with me; I just hope that when people pay attention, they will choose wisely, not just follow any random charlatan. Last night’s long position was also expected; I took profit right at the highest point. This morning, given the situation, are you still hesitant to enter? Anyway, I've entered long again 💢
Yesterday ETH dropped nearly 200 points, at the highest point I told everyone to short, feels good right? I forgot to send the analysis today! But is there any reason not to go long at this position? This has been the most worthwhile position to rebound in the past few days.
I'm free again, clearing out on the left, adding on the right, starting tomorrow I won't be placing orders, taking a break, but the analysis will continue as usual.
It has been so smooth to make trades during this time, I have made over 10 trades and only lost one 🥳
As we reach this point, we must be increasingly cautious; pride will inevitably lead to a significant drawdown 🙏. I still make a point to read and learn every day after work, and I am very serious about following the analysis of various teachers.
Every day, I will be more careful in my own analysis and plan to pause trading for a few days starting tomorrow 🤧
However, the analysis will continue to be published as usual, and I will keep pushing myself to learn 💪
Yesterday's daily close formed a very unappealing hanging man candle, indicating that the upward momentum is temporarily insufficient. Today's daily candle is still bearish, so caution is advised for a potential pullback. If today's daily close does not rise, it is likely that the recent peak will end around this position. Intraday, the focus is on shorting during rebounds, with the resistance area initially looking at around 110200. At this position, one might consider shorting. The support levels below, at 108888, remain consistent with yesterday's viewpoint; however, at this position today, only a small position should be attempted.
ETH Perspective:
ETH's daily chart still shows a bullish trend, and yesterday saw a strong surge, breaking through the upper boundary of the consolidation area, with no signs of a breakdown on the pullback. Intraday support levels are at 2730 and 2666. Since the market conditions are not ideal currently, if BTC drops, it doesn't matter how strong ETH is; it will also decline. Therefore, it's recommended to try small positions on long trades, while the resistance near 2850 still provides an opportunity for shorting.
Summary: Focus on shorting during rebounds, with small positions for longs.
🥳Objective facts, never second-guessing, just gambling at key points, and also bringing my brothers along to eat
The fluctuations are too large, first take some profits, then protect the capital. To be honest, calling trades like this is quite tiring. I think a daily outlook will be enough later on.
Position management, position management, position management, important things should be said three times
Let's just say, I also don't like hindsight trading, and I don't like to lay out plans in advance. This morning, I mentioned a position that led my friends to make over 120 points in ETH, isn't that great? 🥳
🎉 The points I provided, I also entered myself. Of course, I have my own trading logic, with strict take-profit and stop-loss levels.
Unlike your paid teachers who lead you to make 500 points in profit and hold on to a 3000-point loss. If you open 10 trades and one of them takes you back, what's the use? 🤷
There are many excellent teachers in the square, and free strategies are enough, but you need to learn to identify them and not be fooled by charlatans. 😖
However, I didn't enter ETH this time. Why? Because I think the SOL setup is better, with a 4-hour pullback on the rising trend line + Fibonacci 0.618 level + 4-hour overbought level. Multiple resonance positions can definitely be played for profit.
🎉 The premium index is decreasing, but the open interest is increasing, which generally indicates that short positions are starting to build, long positions are weakening, and since the price is at a high level, this is a good time to consider short positions.
What disgusts me the most is to see market conditions like this come out, and there are always some KOLs who were supposedly laying the groundwork months ago, and notified us months ago. Are you a deity?? If you had known earlier, why didn’t you just buy a house outright? It's nauseating; I’ve directly unfollowed. The market is revealed bit by bit, and no one knows how it will move next. Those who laid the groundwork ahead of time don’t even share their positions. It’s really pointless to just post this kind of hindsight commentary all day long. 😅
I made 6 trades yesterday and the day before, losing on 1. I feel like I’ve definitely overtraded. With so many opportunities in front of me yesterday, there was no reason not to trade. In situations like this, where it's stuck in the middle, do you still want to trade??
BTC Viewpoint: I was bearish last week, but no one expected the market to directly break through the downward trend line with volume. In just one day, there wasn't even a consolidation phase; the volume surge has consumed all supply. Currently, the market has surged to previous high levels and is in a correction phase. I'm mainly looking to go long on intraday corrections, currently aiming to enter directly around 108888. There are no short conditions at the moment; I would consider shorting at previous high levels.
ETH Viewpoint: ETH broke through the consolidation area again last night and formed a 1:1 structure, which met expectations, but still hasn’t given an opportunity to enter. I also fell asleep last night; otherwise, I would have chased the breakout from the 2541 consolidation area. This morning, it surged again to previous highs. I wonder if anyone shorted here? ETH is still in a 300-point consolidation area. We cannot blindly be bullish before a breakout, and we cannot blindly be bearish before a breakdown. You can consider long positions if it corrects to 2668, and short at the previous high levels.
🚀Market Analysis on June 9, 2025: BTC Perspective: The market is as expected. Yesterday, during the weekend when there wasn't much market movement, I provided an analysis. Currently, the trend is still bearish. Last night it followed our expectations and we got in, so far BCT has gained nearly 1000 points in profit, and ETH has gained 60 points. We won’t boast, we’ll do the work. We’ve also opened positions with the brothers; losses are shared and profits are shared.
🎉Intraday Perspective: Currently, my overall view on BTC remains bearish. From the perspective of the downtrend line, after touching the trend line last night, it immediately fell. Today, intraday may see a pullback to touch again and then continue to decline. Of course, we cannot rule out the possibility of continuous decline. I hope it pulls back a bit to get the brothers on board. Currently, BTC has a bearish formation on the 4-hour chart. First, look at the 4-hour support near 105106. If it shrinks in volume and drops to this level, a rebound can be considered. If it breaks down with increased volume, we’ll see it drop to 104000. If it rebounds to the trend line vicinity, a short position can still be attempted. The other points of reference are shown in the chart, which was drawn last week.
ETH Perspective: ETH has currently reached the first take-profit target near 2475. Yesterday, I set the alert at 2478. I intended to make a rebound, but unfortunately, it has already rebounded and then dropped again. A volume-decreasing drop to 2475 can be considered for a rebound. If it breaks down with increased volume (which currently seems unlikely), then consider shorting it directly to the previous low.
Conclusion: The downtrend remains; primarily focus on shorting during rebounds. Just follow the trend when trading. Set your take-profit and stop-loss wisely. I generally won’t give you specific take-profit and stop-loss levels; it’s up to you to decide whether to take profit or not.
Oh wow, yesterday's simple article led the brothers to gain nearly 1000 points in BTC and nearly 50 points in ETH🥳, so do you still believe in your paid teachers??🤷
Isn’t free better??
I woke up this morning to find my positions automatically closed, leaving only a DOGE, not greedy, the overall direction is still the same as yesterday's article, one chart has provided a week's worth of gains, and I'll provide my intraday perspective at noon.
There is not much market activity over the weekend, let's talk about the overall trend. Since BTC started its bearish trend on the daily chart, each rebound has not broken the daily bearish trend, and a large descending channel has formed.
Affected by news, BTC rapidly fell to the 100,000 mark, a very important neckline position, and began a quick rebound. Surprisingly, this rebound was quite strong, even over the weekend. I had a short position near 103,000 that has already stopped out, but this is also normal speculation; no one knew it would rise over the weekend.
Without any pullback, it completely consumed the previous decline. Market sentiment is still relatively good; breaking the 100,000 mark is not easy. The rebound has already exhausted itself starting today. Based on the current adjustment rate, BTC may rebound to around 106,400 before the next wave of pullback begins. From the current perspective, BTC at this position touches the upper edge of the descending trend line. According to the liquidation heat map, the 107,000 position has accumulated a lot of fuel. One possible viewpoint is that next week will mainly be a consolidation market, oscillating around the 107,000 position, liquidating shorts above, and then directly starting a downward liquidation of the accumulated longs below. So, taking short positions here has a relatively high cost-effectiveness. If it breaks out with volume, it will restore the bullish trend, allowing new highs to be seen; otherwise, if the trend line is not broken, it will still remain a bearish trend.
Once a trend is formed, it is not easy to change.
If this pullback goes as expected, we are likely to see previous lows, or even lower than the previous lows. A fundamental principle in trading is to follow the trend. Currently, BTC is close to the trend line, and chasing long positions here is meaningless with a poor risk-reward ratio. In the coming week, my viewpoint is to look for a pullback, entering short positions gradually around 106,000-107,000, and entering longs near the previous low around the 100,000 mark. The key intermediate points may experience multiple retests or pullbacks, but the overall trend remains unchanged.
In summary: The downward trend remains unchanged, and we have reached the upper edge of the descending trend line. Gradually layout short positions near 106,000-107,000, and gradually layout long positions near the 100,000 mark. Intermediate points may experience multiple rebounds and pullbacks, but the trend remains unchanged. Traders can speculate at these positions #韩国加密政策 .
Currently, BTC is just a natural rebound from a decline, which can also be seen from the trading volume; the volume is very low, indicating that very few people are bottom fishing 🤧
We have now reached the 0.618 level of the natural rebound from the decline, at this position you can try to enter a short position to make a correction. There is a high probability of fluctuation over the weekend, take a break and take the opportunity to study trading knowledge well.
The financial market is suffering due to the quarrels among U.S. government officials, it’s really a bull bear situation. Yesterday, those who were advised to short the market directly made a profit, but I estimate not many people could hold on, as this is indeed a market influenced by news. However, from another perspective, it does break the neckline of the head and shoulders pattern, and the battle to defend 100,000 lasted last night. If this level is truly broken, we could see it drop directly to 97,000. Fortunately, it has held its ground for now. Today is Friday, and I estimate it will remain in a sideways trend here for a long time over the weekend.
🚀For today, we first look for stabilization at the 4-hour level at 102,200 before we can aim for 103,100. For now, there isn't much to anticipate, let’s keep the points as they are, and I suggest not to open any positions in the coming days.
ETH Viewpoint:
🚀Straight down without looking back, it has fallen to the lower edge of the old consolidation zone, and for now, it hasn't broken down. If it does break down, then it’s starting with 1. For now, let's first look for stabilization at 2,440 on the 4-hour chart; stabilization is needed before aiming for 2,475.
Hahaha, the last line of defense for BTC, the long position has already been taken, let's talk with the chart, this trade is still comfortable to speculate on.
Let's give the brothers a point tonight as well. Currently, BTC and ETH have experienced this up and down spike at the 4-hour level, and all positions have broken, but the closing is within the wedge, indicating that the bulls are still bottom-fishing.
For BTC, first look for a 1-hour level to stabilize above 104888 to continue looking up; there are currently no short positions.
For ETH, first look for a 1-hour stabilization above 2610 to look up; if it falls below 2580, the short position remains unchanged. #我的COS交易