⚠️⚠️ Attention!! Be cautious about chasing highs!!! After a big rise, a pullback is certain, and it's still hard to say whether the next bull run has truly begun! This time, it was #杰克逊霍尔会议 that caused a significant rise in Bitcoin, and the market will be quite outrageous moving forward, so be prepared!
Today, partners who followed the trades made a profit of 3000--5000 points, as shown in the image below. There is no more 'meat' for the big players at the top; the declines are actually where the 'meat' is. The past couple of days have absolutely been a situation of double kills for both bulls and bears, with continuous declines leading to many bulls getting liquidated or stopping losses. Today's big rise undoubtedly wiped out the bears!
I've been reminding everyone these days to primarily buy on dips at key support levels, with the core key point being 112000. Fortunately, it hasn't broken. If it does break this time, the next bull run may not appear until the New Year! Although there was a big rise tonight, it doesn't mean we won't see a drop; as long as we remain within the range, it can be viewed as an irregular oscillating market. #比特币走势分析 Those who followed the long trades can exit now, leaving only a small position to wait for profit-taking near 118000. If there isn't a strong breakout, we may continue to see range-bound oscillation and consolidation, so it's important to pay close attention to the market during this period.
The appearance of key turning signals is crucial for you and me to enter trades; at other times, just be patient and wait for the market to come to us. $BTC $ETH $SOL
⚠️⚠️Attention! Tonight at 10 PM, Federal Reserve Chairman Powell will speak at the central bank's annual meeting, which can basically decide whether to cut interest rates in September and by how much. #杰克逊霍尔会议
According to current feedback, the likelihood of a 25 basis point rate cut by the Federal Reserve in September is very high, and Bitcoin is currently around 112000, which is also a strong support level in this range. The market is being manipulated as a whole; once there’s bad news, they can pick up cheaper chips, and once there’s good news, they can take advantage of the situation and launch the price up, after all, they have already harvested most of the bulls recently.
In such an uncertain market, at such a position, not many people are willing to participate directly in trading, as there’s really no cost-effectiveness in either going long or short; it can only rely on speculation! #比特币走势分析 No matter how the market is affected by events next, I personally believe that following your trading strategy won't be a big problem, as long as you keep your position small and leave enough room for error.
112000 is the support level in this range; you can enter the market using a three-phase strategy at 110000, 105000 respectively, with a stop loss at 100000. Once there’s good news, take profit at 115000, 118000, and 120000. Specific profit-taking can be entrusted, of course, you need to monitor the market for specific operations based on the trading cycle's trends.
Technical indicators often give you clear entry and exit points, but don't rely solely on technical indicators for trading; entering and exiting really requires technical indicators to provide you with clearer signals for market changes.
If you want to understand market change signals, follow the subsequent articles. I will publish the changes as soon as they appear. $BTC $ETH $SOL
If you don't want to be liquidated or stop-loss all the time, these two data points are essential for you to look at! One is the on-chain liquidation chart, and the other is the strong support and resistance levels for your maximum trading cycle.
A few days ago, the article emphasized the core support level of 112000, which is very important and is the core turning point that determines whether there will be a significant rise or continued decline. The current market is shown in the figure below, which has tested this position twice. We need to wait for the subsequent market trends to determine the next direction. Of course, I personally lean towards the bullish side.
In such a market, the on-chain liquidation chart has significant guiding meaning. Currently, the long and short positions are basically balanced, meaning it is time to choose a direction, and there is no obvious battle between bulls and bears. At this time, the market makers will not act casually, so we should also watch the changes calmly.
112000 is a strong support level in the high point fluctuation range, but it is also a strong resistance level for the next range. Therefore, once it drops, it needs strong momentum to return to this range. In a market where everyone is shouting bullish, continuing to decline clearly does not align with the interests of market makers and will only bring more people on board, which is very detrimental to future significant rises! Therefore, I believe the possibility of a drop is small, at most a spike to test the bulls. #比特币走势分析 Buying on dips has a good cost-performance ratio, with the first target at 115000, and if accompanied by an increase in trading volume, the second target near 118000. If there is no trading volume, it will be a range-bound consolidation, which will be quite boring.
In a market with uncertain conditions, when trading, you must either take light positions or mainly observe. Do not trade impulsively due to itchy fingers that violate trading discipline. There are always opportunities in the trading industry; all you need to do is seize your profit opportunities! Follow my subsequent articles, and once there is a change in market conditions, I will release it immediately. $BTC $ETH $SOL
⚠️⚠️Attention!! Bitcoin has reached the strong support level around 112,000 as expected, which is also the signal for a trend change. Once it stabilizes, the next likely movement could be a new round of increase. The risk-to-reward ratio is sufficient, it’s time to get on board!
Based on on-chain data analysis, the upcoming market trend is not that simple. With the significant drop over the past two days, the long positions are continuously increasing, indicating that there is still room for decline, while the path for an increase will be filled with obstacles. The upward movement will be chaotic and unregulated, and a clear market trend is not expected until September.
To engage in trend trading, the first thing to do is to determine the direction of the trend within your trading period, which is the top priority. Only then should you choose suitable entry and exit points based on technical indicators, and of course, trading strategy is also very important. #比特币走势分析 The upcoming market trend is likely to be a fluctuating market with significant rises and minor dips, accompanied by spikes. Such a method can kill both long and short positions, and before you know it, you may find yourself at a high point, causing many to miss the opportunity to get on board. Only then does a significant rise make sense; otherwise, if everyone is already on board, how could the market possibly soar!
The current trading mindset is to buy on dips, and position management is crucial. Personally, I adopt a three-phase trading strategy, allowing myself enough margin for error, especially during spike conditions. The first target level is around 115,000, with a step-ladder type of increase. Formulate your strategy, ignore the process, and patiently wait for the results to emerge.
For those who want to discuss further, you can leave a message on the homepage 🌏 or below the article. Any questions can be exchanged and discussed 🤝🤝$BTC $ETH $SOL
If Bitcoin drops to around 112,000, would you dare to buy in? Can it surge to a new historical high in a short time? This point is crucial! #加密市场回调
In an earlier article, it was mentioned that 112,000—120,000 is a high volatility range, with 115,000 being the central position. Therefore, as long as it hasn't completely broken away from this range, trading around these three positions is advisable.
Currently, Bitcoin is in a correction phase. If it cannot hold 115,000, it is highly likely to approach around 112,000. This will be the most critical battle between bulls and bears! If it strongly breaks below, reaching a historical high in the short term will be even harder than climbing to the sky. Of course, the likelihood of a strong break is very small. From the perspective of whale harvesting and on-chain liquidation data analysis, this position is sufficient for them to reap substantial profits.
There is also a possibility that it won't drop to 112,000. The consecutive declines in recent days have already caused substantial harm to the bulls. This operation appears as if the market drops every day, with the bears profiting and the bulls being liquidated, but this is not entirely true. This type of drop does not benefit the bears either; don’t be stubborn, this is the reality!
For short-term trading, especially for day traders, it is essential to trade in more stable and fair assets, such as Hang Seng Index, NASDAQ, gold, etc. Digital currencies are still not mature enough, and the manipulation by whales is too obvious; otherwise, how could #凉兮 turn into a mental breakdown? The trading opportunities for ordinary people can only be trend trading, excluding trading geniuses. #比特币走势分析 Now in a correction phase, September is approaching when the Federal Reserve is expected to cut interest rates. Therefore, before this, we must clear the obstacles to the rise; once the bulls have eaten, an irregular surge will begin, not giving everyone a chance to get on board. Unknowingly, Bitcoin will rise above 120,000, initiating a real bull market. If you can't seize this opportunity, there will really be no chances left in this bull market!
The current volatility cycle is shrinking, which means a trend change could happen at any time. Pay close attention to subsequent articles. I will release the key trend change signals as soon as possible $BTC $ETH $SOL
The market trend of Bitcoin at #加密市场回调 has basically been determined for August. It is crucial to grasp the trend judgment; otherwise, reverse operations may take a long time to break even, and you might miss the last wave of the bullish market dividend!
Recently, Bitcoin strongly broke through 120000 and reached a historical high, then immediately retreated from the high, crazily harvesting the bulls. The current market is in another round of harvesting. Why? According to technical indicators analysis, a significant drop is seen as a signal for the bulls to clear out before it becomes easier to rise again. However, the market has initiated another round of bull harvesting! This is why I have always emphasized the importance of not rushing to go long. #比特币走势分析 Currently, Bitcoin is around 115000, and the next strong support level is around 112000. If it dips to this level, consider entering with a light position, ensuring you leave enough room for yourself. This way, you will have a better cost-performance ratio and won’t have to worry about missing the benefits brought by interest rate cuts in September.
Learn to befriend time and avoid trading impulsively. Be like a cheetah, patiently lurking and waiting for the prey to appear. Only enter the market when a certain market trend emerges. When there are signals of a change in the market trend, I will release information immediately. Please pay close attention to subsequent articles. $BTC $ETH $SOL
Will Bitcoin test 120,000 next Monday? It's highly likely, but that doesn't mean a new round of increases will begin. Don't blindly chase longs, and don't rush to short; the end of the tug-of-war between bulls and bears is when you and I can reap the benefits.
First, let’s talk about the most basic principle that should be followed in the financial industry: preserve your capital! It's a simple logic that many people do not understand or overlook. The vast majority of people's attention is on how much profit they can make or how much they can stop losses, but very few discuss the topic of preserving capital, which is the most important thing.
I divide my trading into two phases: the first phase is the capital recovery phase. No matter how much I earn from trading, that is not my profit; that is my recovered capital. Once I double my earnings, I transfer the capital. The second phase is to play with profits, and the mindset is completely different. There is no longer the concept of capital; I can act freely. As long as this capital has not been lost completely, it is the trading cycle for this round. I can keep rolling over the capital, or I can withdraw some profits, but in any case, I cannot add extra funds.
When doing short-term or even intraday trading, you must assess the short-term trend, relying on technical indicators to trade. Find technical indicator points where your win rate is very high and repeat the operation. For medium to long-term trading, technical indicators are just the basis for your entry and exit points; analyzing the trend is the key. I once executed a strategy that took more than a month to complete profitably; the process was indeed torturous, but the result proved that my trading strategy was sound; it was just a matter of time.
When trading, you must have your own trading system; a trading system means you need to have your own trading style. The deeper your understanding of the trading products and the more accurate your judgment of trends, combined with a good trading strategy, the higher the probability of making a profit. Just keep repeating this.
The path to simplicity is profound. Many people in the trading industry lose everything, while others defy the odds and achieve financial freedom. Both types understand the underlying logic of trading; it’s just a matter of different cognition and different trading systems, and of course, there is a component of luck.
I personally advocate for large capital in spot trading and small capital in contracts. Why give you 100 times leverage? The purpose is to provide you with the possibility of making a large return on a small investment. If you don’t need it, there’s no need to engage in contracts. $BTC $ETH $SOL
If you haven't fully experienced the last bull market and haven't deeply reviewed and understood the bull-bear cycle, then this time in the bull market, regardless of whether it rises or falls, it's highly unlikely that you'll achieve results. #牛熊转折点
The things that everyone understands but the vast majority do not act upon are the truths. For instance, everyone knows it's a bull market now, and many knew it a long time ago, but Bitcoin has already risen to $120,000, and the vast majority still haven't made a profit, and some have even lost money. This is the reality; the fundamental reason is that you can be aware of it, but your understanding is not enough to enable action!
I know it's hard for me to do this as well, I can only try my best, so I have consistently invested in Bitcoin and Ethereum as a financial strategy. I can do this and I also understand that the potential for appreciation far exceeds many financial products, making it the best investment target. If you are only investing in spot markets, it requires holding for a long time, which is difficult to be patient with, so contract trading is the best companion tool.
In this world, if everything is analyzed with data, it's all a candlestick chart, where rises and falls are inevitable, and whether you can grasp its laws is incidental. Grasping the overall trend is the best means of understanding its laws, rather than relying on technical indicators. Technical indicators can be likened to the sayings of the elderly; as times change, their wisdom can often mislead oneself, while the long-standing lifecycles do follow certain patterns.
You know that the big players plant in spring and harvest in autumn, but they do not necessarily know the exact day in spring when it germinates, or how tall it will grow on which day. However, as long as you know it will definitely germinate and definitely grow tall, that's enough. What you need to do is nurture it and patiently wait for that day to arrive.
Trading is similar; the way is simple, but the complexity lies in the heart! You know it's a bull market, and what you need to do is how to position yourself to increase your assets, rather than just being aware of it without taking action. All the above thoughts are aimed at the underlying logic of spot investment and spot trading.
Contract trading is the same; grasp the trend, find the right entry and exit points, and adopt the best trading strategy. If your risk-reward ratio is sufficient, all that's left is to patiently wait for the market to unfold step by step. If wrong, start over, and keep executing. The trading market can be your ATM! $BTC $ETH $SOL
Trading indeed relies on trend judgment. Partners who keep up with the community easily reap over 3000 points. Trading is like this: the principle is simple. Abandon all technical indicators, focus on the trend, grasp the entry and exit points, and execute according to the trading strategy.
From the trend of this market, you should learn that when the institution is ready to harvest, it really doesn't hold back! Just mentioned that the liquidation of long and short positions is around 3:1. Regardless of the market trend, you should first blow up the long positions before anything else. Tonight, it indeed pierced a needle down to around 117,000, while the pivot point is around 115,000, which means there is still room for decline. Do not blindly chase long positions. #比特币走势分析 Although Bitcoin suddenly tested the high point of 120,000, it is now rapidly dropping back to the previous range. It is very likely that this is the starting point for a decline, and a significant phase of correction may have already begun.
Be cautious about going long before reaching around 112,000! Currently, the downtrend is evident, and it is highly likely that it will continue to fluctuate within a range. Therefore, for those who understand grid trading, opportunities to make money have arrived. You can set the parameters properly, primarily shorting in high positions for range trading and going long in low positions for range trading. Spot trading is not an opportunity for now.
If you don't understand the specifics, feel free to discuss in the comments section. I will reply as soon as I see it. Of course, for those who need to grasp the subsequent trends, follow my upcoming articles. I will publish the first signal of any change in trend as soon as it appears: $BTC $ETH $SOL
Will #BTC再创新高 soar to new heights or face a deep correction? On-chain data doesn't lie; don't be misled by the false information in the market, because data doesn't deceive!
Recently, Bitcoin and other mainstream cryptocurrencies have been taking turns in the spotlight. After all, we are in a bull market where traditional capital and national teams are entering the scene, and retail investors are certainly joining in the fun—there's no reason for prices not to rise. As rational traders, we must remain vigilant and not believe the chaotic voices in the market. Trust on-chain data and believe in your own decisions.
In previous articles, I mentioned that behind every financial market, there are manipulators. In the past, Bitcoin had a small market cap and no manipulators, which led to myths of sudden wealth with several hundred thousand times increases. Nowadays, with traditional capital and national teams entering, Bitcoin can only serve as a relatively good trading asset, and the chances of sudden wealth will become increasingly smaller. However, it is still better than other financial assets.
The following liquidation chart illustrates that for manipulators, whether the market rises or falls is clear. Any significant rise or fall will see the majority of funds liquidated on the opposing side. Currently, the long-short liquidation ratio is about 3:1, making it suitable for a significant downturn for liquidation; it just depends on when it will arrive. #比特币走势分析 Currently, Bitcoin has broken above the resistance level of 120,000. Whether it can hold above this level will depend on the market over the next couple of days. Once it stabilizes, the possibility of continuing to reach new highs is significant, and of course, it also presents an opportunity to short at high points. If it falls back to 120,000, it will likely face a significant downturn for the long positions; otherwise, the difficulty of rising will be too high—there's no way to soar without harvesting.
The market is crazy; this is when the manipulators take up their sickles to harvest. What you need to do is follow the trend and prepare in advance. $BTC $ETH $SOL
Many people are making wrong trades without even realizing it! If you treat trading as a game, just playing around in your spare time, then you should operate with small funds; winning or losing won't affect your life. However, if you treat trading as a tool for making money or as a full-time job, you must take trading seriously if you want to achieve results!
All results are the realization of your understanding. If you always think you are lucky and can always encounter opportunities, you are mistaken. In any industry, those who ultimately achieve results have a very high understanding of the industry. They know how to do things correctly, rather than relying on speculative luck to earn money this time.
Many people stubbornly stick to technical indicators in trading, which is merely a superficial approach. They hardly think deeply and just do what they believe is right according to the indicators. Trend trading, however, is at a deeper level, allowing you to view the rise and fall trends more macroscopically. Judging the direction correctly is the first priority; then you can look for entry points, and finally apply the most suitable trading strategy. When you have a good risk-reward ratio, the probability of profit will also be high. All three components are essential. Once you understand this, trading becomes very simple. Just be disciplined enough to repeatedly execute your strategy. #CPI数据来袭 Now back to the Bitcoin market trend: as shown in the picture, the core key resistance level is 120000, the pivot level is 115000, and the strong support level is around 111000. Therefore, our focus is on judging the direction of the upcoming Bitcoin trend. Personally, I have been advocating a short-selling strategy whenever the price is high, which means entering when it's above 120000, with the first target at 115000 or around the support level of 111000. As for why the focus is on short-selling, I have analyzed this many times before, so I won’t elaborate further. I can only say that the risk-reward ratio and the probability of profit for short-selling are the highest.
Before every real bull market arrives, there will be a bloody harvest for the bulls, almost without exception. Before the sprint to 150000, especially before breaking the historical high, the probability of a waterfall decline is very high. Therefore, what we are waiting for in terms of short-selling is such opportunities, and afterwards, we can reverse and go long while waiting for the bull market to arrive.
Observe the market trends at key points more closely; other times are almost boring market movements. If you feel restless, you can try grid trading, where oscillation helps you buy low and sell high, which is also good. First, you need to understand the rules; if you don't understand, feel free to leave a message for communication. $BTC $ETH $SOL
Bitcoin has strongly broken through the resistance level of 1,200,000, which is aiming for a new high. The main reason for the strong surge is that the Federal Reserve's interest rate meeting in September is likely to result in a rate cut. Discussing September's matters in August, overdrawing the future trend must be given extra attention!
Breaking through the resistance level does not mean that it will immediately continue to a new high. After the positive news is realized, it is likely to be followed by a significant pullback, around 123,000, which is the final resistance level. If it breaks through strongly, there will be a large upward space, but it is highly probable that it will test and then pull back, even leading to a major correction! #美联储何时降息? 9.18 announcement, it is highly likely that the rhythm of interest rate cuts will follow. Additionally, during Trump's presidency, it is undoubtedly favorable for cryptocurrencies, but that does not mean Bitcoin can continuously rise without a bear market. Relatively speaking, bull market conditions will last longer, and the bear market will come later.
For Trump, making America great again must control the cryptocurrency market. Various countries, especially the conservative mainland, are starting to realize that they cannot ignore it, and not laying out plans is even worse. Therefore, Hong Kong can do everything possible as a pilot. #比特币走势分析 Back to the trading situation, Bitcoin has strongly broken through 12,000, testing 133,000. In such a market, no obvious signal of a trend change has been seen at the 2-hour level, so shorting is not advisable. Of course, there are many who chase the rise, but personally, I will not consider going long until a significant decline appears; I would rather miss out than engage in trades with an unfavorable risk-reward ratio.
Regardless of how one trades, what suits oneself, and ultimately results in a consistently stable profitable trading strategy is a good strategy. $BTC $ETH $SOL
Here I emphasize: all the levels I mentioned are a range of points. Pay close attention to the dense trading area near this level, and do not only focus on this price level.
蚂蚁大叔
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⚠️⚠️Attention!! Bitcoin has strongly broken through with high volume, pay attention to the key resistance level of 12000, a trend reversal signal is about to appear!
Bitcoin's strong breakout through the midline means it will test 12000 again, but it does not indicate a strong breakthrough to continue to new highs! In previous articles, I have mentioned multiple times that before a real bull market arrives, there is a high probability that one more round of long positions will be liquidated.
Everyone can imagine that the market trends known by ordinary retail investors are definitely not what the big players want to do. First, there is a consensus that everyone has, which is that Bitcoin reaching above 150000 USD is not a big problem, but how to get there is crucial. Those who have been trading for more than a few months, especially in spot trading, can make money, but for short-term traders, whether in contracts or spot trading, they may end up not making money or even losing money! This is why it seems easy to make money in a bull market, yet few people actually profit; frequent trading increases the likelihood of mistakes and hidden costs, leading to a gradual loss of chips.
In previous articles, I mentioned that we must have a contrarian mindset. While everyone is chasing long positions and bullish trends, we need to have a short-selling mindset. Here, short-selling does not mean that a bear market has come and we continue to be bearish, but rather it is about analyzing the trend of phase trading. In the eyes of contract traders, there should be no distinction between bulls and bears; the most important thing is to grasp the trend of our own trading cycle.
#比特币走势分析 #ETH走势分析 Bitcoin and Ethereum will always be the number one and number two distinction. If analyzed from the perspective of different tracks, they are both absolute leaders in the coin circle, and the trends are basically the same. My trading habit is to only trade a single cryptocurrency, which allows for greater focus and better trend judgment.
You can open a small short position around 120000 for Bitcoin. If it strongly breaks through, you can follow a three-phase investment trading strategy, with only one purpose: to wait for a significant market drop. It has a very good risk-reward ratio, and once it drops again, it is very likely to break 111000! However, the possibility of it continuously rising to 130000 without looking back is very small, and such an opportunity is very worth seizing.
Pay close attention to the market trend of Bitcoin around 120000. If it cannot strongly break through, prioritize short positions. I will release any obvious trend reversal signals as soon as possible, and patiently wait for the market to arrive. $BTC $ETH $SOL
⚠️⚠️Attention!! Bitcoin has strongly broken through with high volume, pay attention to the key resistance level of 12000, a trend reversal signal is about to appear!
Bitcoin's strong breakout through the midline means it will test 12000 again, but it does not indicate a strong breakthrough to continue to new highs! In previous articles, I have mentioned multiple times that before a real bull market arrives, there is a high probability that one more round of long positions will be liquidated.
Everyone can imagine that the market trends known by ordinary retail investors are definitely not what the big players want to do. First, there is a consensus that everyone has, which is that Bitcoin reaching above 150000 USD is not a big problem, but how to get there is crucial. Those who have been trading for more than a few months, especially in spot trading, can make money, but for short-term traders, whether in contracts or spot trading, they may end up not making money or even losing money! This is why it seems easy to make money in a bull market, yet few people actually profit; frequent trading increases the likelihood of mistakes and hidden costs, leading to a gradual loss of chips.
In previous articles, I mentioned that we must have a contrarian mindset. While everyone is chasing long positions and bullish trends, we need to have a short-selling mindset. Here, short-selling does not mean that a bear market has come and we continue to be bearish, but rather it is about analyzing the trend of phase trading. In the eyes of contract traders, there should be no distinction between bulls and bears; the most important thing is to grasp the trend of our own trading cycle.
#比特币走势分析 #ETH走势分析 Bitcoin and Ethereum will always be the number one and number two distinction. If analyzed from the perspective of different tracks, they are both absolute leaders in the coin circle, and the trends are basically the same. My trading habit is to only trade a single cryptocurrency, which allows for greater focus and better trend judgment.
You can open a small short position around 120000 for Bitcoin. If it strongly breaks through, you can follow a three-phase investment trading strategy, with only one purpose: to wait for a significant market drop. It has a very good risk-reward ratio, and once it drops again, it is very likely to break 111000! However, the possibility of it continuously rising to 130000 without looking back is very small, and such an opportunity is very worth seizing.
Pay close attention to the market trend of Bitcoin around 120000. If it cannot strongly break through, prioritize short positions. I will release any obvious trend reversal signals as soon as possible, and patiently wait for the market to arrive. $BTC $ETH $SOL
#ETH突破4000 In a bull market, Bitcoin leads the way, and then the little brothers start their celebration. This is the current market situation; over the past few months, Bitcoin has seen an astonishing rise, with ETH, SOL, and other mainstream public chains closely following. Recently, they have also welcomed their own unique market trend, which is called a catch-up rally.
It can be understood that the manipulators have shifted their focus from controlling Bitcoin to these mainstream public chains, which also reflects Bitcoin's recent weakness in upward momentum. Market funds will not always flow in more than they flow out, and market consensus will not always be strong. Regardless of bull or bear markets, from a macro perspective, market funds are flowing towards the manipulators, meaning that the funds of retail investors in the market will only continue to decrease, and retail investors are slowly losing their voice! This also means that the opportunities for getting rich quickly are becoming fewer and fewer.
Major events like #美国加征关税 #美联储何时降息? have a deep impact on the market, so before trading, it is crucial to fully understand the potential impacts of these significant events. Otherwise, all your trading strategies may fail. Just like in the face of an earthquake, even the most luxurious home decoration is meaningless.
I primarily trade Bitcoin futures, while other trades are mostly spot grid trading. Other valuable currencies tend to be more volatile, making grid trading easier for profit, whereas Bitcoin's trend is more stable, so trading futures carries relatively less risk compared to other currencies. Therefore, for currencies other than Bitcoin, one can only refer to Bitcoin's trading strategies.
As for how to operate Bitcoin next, the last article detailed it well; here I only provide the thought process as a reference, mainly shorting at highs, with 120,000 as a strong resistance level, 115,000 as a central position, and around 112,000 as a strong support level. Currently, the market is in a wait-and-see mode, patiently waiting for a signal of trend change to appear, and I will release it at the first opportunity.
Many times, waiting and not rushing to trade is also part of the best trading strategy; strictly execute according to the trading plan. Trading is not a game against the market, but a game with yourself… $BTC $ETH $SOL
⚠️⚠️Attention! The Bitcoin market is about to change direction; if you misjudge the direction, it will lead to irreversible consequences! In the upcoming market, are you bullish or bearish?
Previous articles have repeatedly emphasized that the recent trading range is between 112000 and 120000, with the central position around 115000. Partners in the community who kept up have accurately seized at least two opportunities to short by 5000 points. Bitcoin will definitely test 120000 more than once, and if it falls back by 3000 points, that is certain; a second test will have a greater downward force, making a 5000 point drop a high probability event, so the trading strategy in the past was mainly to short on rallies.
A few days ago, when it fell to around 112000, the risk-reward ratio was sufficient to suggest going long, resulting in a profit of 3000 points. The basis for trading here is determined by the key reversal position in trend trading.
At the current stage, the lowest support level is 112000, the central position is 115000, and the highest resistance level is 120000. It is now time to choose a direction. Data from #比特币流动性危机 and on-chain analysis show that mainstream market liquidity is diminishing, similar to the weakening of consensus; thus, the likelihood of breaking through 120000 in the short term is low, which means a downward trend will likely occur. #比特币走势分析 Bitcoin's upcoming trading suggestions: Currently in an awkward position in the middle of the range, it is mainly a wait-and-see approach. Once an upward trend shows reversal signals, short on rallies. If a direct downward trend is evident, a light short position can also be taken, but in any case, do not blindly go long on dips. Even if it reaches the critical position of 112000, the specific price action must be considered, and one should not blindly chase long positions!
The second half of this year will welcome a major bull market, but before the bull market arrives, there will certainly be a significant drop to clean up the market. Therefore, for short-term traders, the primary mindset should be to short on rallies before the big drop occurs, and do not blindly chase long positions.
CFX? 0.29 is relatively suitable in the short term. If you are considering a long-term investment, you can allocate a portion, after all, it is the leader in the domestic market and has strong connections.
Bitcoin has basically reached the expected position near 111000. Have you gone long?
The 111000 position is the second largest support level for Bitcoin. Regardless of whether it continues to fall, there will definitely be a rebound at this position. Going long can at least yield a profit point of 3000-5000, this is the key entry point for trading in such a market $BTC $ETH $SOL
#加密市场回调 Bitcoin has fallen below the strong support level of 115000, the next strong support level is around 111000. Partners considering trading can wait to enter at this position.
The warning of a bottoming phase has arrived as expected. In the anticipated trend market, there should be two to three bottoming phases. Unexpectedly, the second bottoming phase directly triggered a waterfall drop. After exiting the short position at 115000, we are waiting for such a significant drop. However, it is still not the confirmed entry position; around 111000 is a very suitable long position opportunity, with a sufficient risk-reward ratio.
Here, I want to emphasize again that you should never engage in all-in trading. Always have your own trading system and strictly execute it. Watching more and acting less can improve your win rate! If you are not clear about position management, you can leave a message or check previous articles related to position management.
#美国加征关税 Major events have a significant impact on the market. Any trade should have proper stop-loss and take-profit orders. If the direction is uncertain, engaging in a suitable range grid trading is also a very good profit model, automatically helping you buy low and sell high.
You must believe that your wealth is the realization of your cognition, and trading is no different! Some people trade for a lifetime and gain nothing, while others achieve results in just one or two years. It is not just luck, but a different understanding of the underlying logic of trading. Those who understand and implement it first gain wealth. I hope both you and I are on the right path. $BTC $ETH $SOL
Bitcoin's second bottom test; those who have profited can temporarily take profits and exit. The 5000-point gain is the most cost-effective range for Bitcoin trading.
I emphasized earlier that it is very difficult for Bitcoin to continue breaking new highs in the short term. Coupled with a pullback bottoming out a few days ago, there is a high probability that there will be two to three more bottom tests subsequently. Therefore, the trading strategy should mainly focus on shorting at highs.
118000 is a very critical dense trading area. Once it breaks through, it will reach the high of 120000. If it can't go up, there will be significant space for you to short. Even if it breaks 120000, the risk-reward ratio for going long is not sufficient, so the probability and risk-reward ratio for shorting are the most appropriate.
For those who are in the short positions near 120000, they have already profited twice. Now, do not blindly chase longs! A downtrend has already formed. If there is a bull market in September-October, August is likely to see a waterfall-like pullback. Do not be fixated on the bull market and going long!
In trading, you must ignore bulls and bears, and only look at the trend of your own trading cycle. If you trade according to the trend and capture the entry and exit points, the probability of making a profit will naturally be high. #比特币走势分析 115000 is the temporary support level for Bitcoin. After each bottom test, do not rush to chase longs, but rather observe the upward trend. 118000 and 120000 are two thresholds. Once you easily cross 118000, 120000 will be easily reached. At this point, a change in trend signal will appear, which is a key position to enter. Do not operate blindly; strictly execute the trading strategy.
In trading, only engage in certain market movements; during other times, being in cash and waiting is the best trading strategy. $BTC $ETH $SOL