#BTC #幣安請你去杜拜 🐸59100-73800 After the end of the wedge, the downward trend begins. If 73800-64500 is taken as wave A, then the target of wave C will be around 58600.
💫 This decline left many parallel bottoms. The initial test showed a rebound of several thousand points, but once it fell below, it became a key resistance. The current EQL from top to bottom is 70530 / 68600 / 65600 / 64600. These positions They are all short-term pressure levels.
🐮Below, pay attention to whether 59100 can fall below and recover, so that the downward trend can be temporarily alleviated. Otherwise, there will be no consolidation below 58 until 50-52K. If it falls below, the decline may accelerate.
🚀If there is a large number of short pursuits at 59100, and if it falls below and is recovered, the main force will go short and look forward to 69k and above 73700.
Current personal trading plan Short-term, wait for the false breakthrough of the previous high of 52859 Short long range scalp trading Funding rates are currently rising slightly
If there are three consecutive 15m bars closing below VAL, I will consider shorting on the right side. Don’t feel that you have no time at the top. There is a space as big as the sea below for you, and the profit and loss ratio is very good!
If you are short on the right side, you are waiting for VAL to confirm that it has fallen below, and if you are short on the left side, you are waiting for 529 to break through falsely before entering the market!
By the way, let’s talk about ETH/BTC. If it breaks through 0.055, the bull-bear line, and breaks through the downward trend line, then ETH will become very strong...
However, the two conditions mentioned above have not yet been met. I'd rather be short than chase high. Please, please It feels very uncomfortable to be in the air. Then go play some ball. It's more uncomfortable to live in a suite
The last gap left above the CME futures angle is 53545
Then what I want to remind you is to try not to choose ETH if you want to do nothing. After eth is strong, it may break through above 3000
If eth becomes more and more like Doomsday Tank, it means that the market may be close to the top
#BTC #etf Currently 4 hours One bar is bigger than the other, and the trading volume is higher than the other bar. If I go short, I will wait for 4H to engulf the right confirmation signal. If it falls back below 44500, there may be another correction.
At present, everyone is talking about whether the funding rate is too high. I'm afraid there will be a wave of leverage-killing, so let's do short-term trading. It has established a firm position at 42700 and reached the target take-profit level. Only to 43850 to 44200. There is also a bullish divergence in the market situation! #BTC #etf #Launchpool #ETH
Looking back at the market, #BTC actually went back up by 0.618 and 0.66. If you hold long orders below, you may consider Take profit at the upper edge of the channel (43400) and the previous high of 44800 If there is a downturn, you can go short to hedge. The general direction is still bullish on the daily level. The daily line may still reach 48,000 before January 10th. #BTC
Bitcoin, 4H market, OI rose, CVD fell, a little short chasing in the afternoon But there is an nPOC below that is near 41500, but it has not reached it. Maybe the U.S. stock market will rise when it opens in the evening