In #BTC 01, the leek bravely entered the cryptocurrency market. Today marks the beginning of the first market analysis. As I am still learning, all opinions are for reference only. I hope to share market insights with everyone every day in the future.
From a higher timeframe perspective, BTC is still in a bullish trend. Since breaking out of the consolidation zone on April 21st and reaching its peak on May 2nd, it has risen for nearly 11 days before starting a correction. However, the magnitude of the correction currently appears to be small. When can we expect a reversal? A reversal can be expected when the price falls below 91500. As long as the price does not drop below 91500, the bullish trend remains intact.
Intraday, the price has been hovering around 93500 - 95000, both of which are daily level resistance and support. 95000 is the 0.618 retracement level of the natural bounce from the low of 93500 as well as a daily resistance level, creating significant pressure. Therefore, unless the 4-hour level can break through and stabilize above 95000, the market outlook will see a rebound. Intraday, we can place rebound trades around the 93500-95000 range, and it is advisable not to take on too large a position. The closer it gets to 91500, the more one can consider increasing their position, but stop-loss should be set if it falls below 91500.
BTC quickly recovered, starting a violent rebound exactly as I said, I will take a 1000-point profit and leave. For now, I can only watch the small-level rebound #BTC☀️
#ETH I said this ETH is going to drop, it's too trashy, the daily level is in a downtrend, how could it possibly surge? I thought it could hold at 1780, but it seems I overestimated it. Once it broke 1750 without a quick recovery, it entered a vacuum area, directly looking down towards the 1700 area for four-hour level support. Those looking for a rebound can pay attention here; otherwise, the focus remains on short positions.
#BTC☀️ BTC Evening Market Analysis, today BTC is once again starting to correct near the daily level resistance of 95000 as expected. Currently, this pattern is performing quite poorly. The four-hour level upward trend line has already been broken, and the daily level support at 93500 has been tested 3 times. I feel that this fourth time is very likely to break directly. As long as 93500 is broken and not quickly reclaimed, we can only look at the next daily level support around 92767. Those who cannot accept losses should not buy more at the 93500 support; stop loss at 91500. Of course, if tonight 93500 is not broken, there will be a significant rebound in the market, because from the liquidation heat map, there is already a large amount of liquidity gathered around 93500. If it rebounds, the thinking is still to short near 95000, with a stop loss at 96600.
Bitcoin went from 78888 to 95000 in this wave, and the spot market made a full profit.
Then synchronously, Bitcoin was continuously long on the contract to make profits, while dumping Ethereum to escape or take small losses. There are also some altcoins that overall have been profitable over the years, but the remaining positions have dropped too much, leading to a profit retracement. The net worth this month has gained about 200,000 USDT strictly following the San Ma Ge strategy in real trading, and all the HK mortgage has been repaid. Currently, the HK mortgage still has 198 million HKD left. Sigh, the road chosen by oneself must be completed, even if kneeling. Let's work hard to make money! #BTC
Today, the ETH positions have shown differentiation. Some accurately added to their short positions at 1818 (highest 1820), and after the ETH retracement cost became 1793, they not only got out of their positions but also made a profit.
There is another group that manually added positions at market price after it rose to 1817.98, and after a minimum retracement to 1773, they also managed to escape successfully.
Now, there should still be a group that is stunned and hasn't dared to act, but this group has risky positions. If 1765 doesn't give you the opportunity to exit, normally following the strategy with a 50x position is not too large; previously, we were at 100x for Ethereum. Let's still execute according to the plan; if you can exit, do it as soon as possible. The future strategy for ETH is also to buy on dips, but if San Ma Ge wants to go long, he will only choose Bitcoin. #ETH
Today, the ETH positions have shown differentiation. Some accurately added to their short positions at 1818 (highest 1820), and after the ETH retracement cost became 1793, they not only got out of their positions but also made a profit.
There is another group that manually added positions at market price after it rose to 1817.98, and after a minimum retracement to 1773, they also managed to escape successfully.
Now, there should still be a group that is stunned and hasn't dared to act, but this group has risky positions. If 1765 doesn't give you the opportunity to exit, normally following the strategy with a 50x position is not too large; previously, we were at 100x for Ethereum. Let's still execute according to the plan; if you can exit, do it as soon as possible. The future strategy for ETH is also to buy on dips, but if San Ma Ge wants to go long, he will only choose Bitcoin. #ETH
Complete, the sky has fallen, it was a very good opportunity to add to the position, now it has been resolved, but only half of my position was executed, not all of it. I don't know why. My cost should normally have turned into a cost of 1790 according to the strategy, but it was executed halfway, and finally became a cost of 1781. If it goes up again, the risk at 1818 will become higher, so be mentally prepared.
Now the global economy is in decline, making money is hard and life is tough. A century-old company can go bankrupt just like that, and high-end office buildings are increasingly empty. A new company moves in, and after a few days, it closes down again, and this is happening more and more. I also understand that many friends come into the crypto circle with thousands, tens of thousands, or even millions of dollars, intending to earn some stable money. In these years when it's hard to make money, they are looking for the next opportunity to support their families. I believe everyone should be grounded and find ways to earn returns as steadily as possible. Instead of looking at those who make tenfold or even hundredfold profits with a simple investment, you don't know how many times they went to zero to achieve those gains, nor do you know if they are the ones issuing the tokens. The waters are very deep here. When trading contracts, don't jump onto those suspicious platforms where people are using 200x to 500x leverage, making dozens of trades in a day, and end up losing everything. The remaining few are rare, and those platforms often only let you in but not out; this is very common.
2.25 Today is everywhere. The earnings are good Opened 5 orders, took profit on 4, break-even on 1 Looking back at today, at 10 AM KAITAO long position turned 3 times jot long position break-even Second pancake short position turned 3 times Big pancake short position also turned 1 time, Finally chased a short on the big pancake and made 5 times +, while the big pancake also broke 8.9
Don't rush if you missed it Follow for updates, above your head 🚗
Keep up with fans and friends for big profits! Precise prediction for SOL at 180, making huge profits with short positions, the team continues to profit, eat heartily, drink generously, see ☝️🚌 below 888.
The reason for a bearish outlook on SOL is very simple, I have mentioned it in the chat room, on March 1st, there will be a massive unlocking, which means some SOL for FTX claims, and previously they have already made around 150% profit since the last price, with a huge volume unlocking, institutions dare not enter, and retail investors are even more panicked. After the decline, we will provide opportunities for long positions, so be patient and wait. For details, see ☝️🚌 888 in person!!
Stay tuned: Mkr. Bear. Eigen. Tao S IP PNUT #sol #以太坊回滚争议 #Infini遭攻击 #MichaelSaylor暗示增持BTC #山寨季來了?
$SOL The long-term short position achieved profit yesterday, 262.5 opened a position and 161 took profit. Thank you for your company along the way. I will send you a red envelope as a token of my appreciation.
25% reduction in handling fees for compliance: Invitation code QWUG67GX BN domestic official link 点这里
$IP is all in. After placing the order, I went to work. This order determines the outcome. If you win, you get a massage. If you lose, you don’t play anymore!
Good evening, brothers. Is there anything wrong with today's strategy? No matter how small a mosquito is, it is still meat. You can still make a profit. Just open your mouth, brothers! I will not update you about the market in the evening. I came out to watch Youya today. I will update you tomorrow.