顺势而为老平

The big pancake is experiencing a strong one-sided rise, and no significant selling pressure has been found yet. If it can open space above 110,000, there will be an opportunity for a rebound in the altcoin.

Brothers, the big pancake is just one step away from its historical high. Will it break through or will it fail to break through and start adjusting? The contract open interest has reached a new high, and big fluctuations are coming.

The current market is following the script I provided in advance, be cautious of a pullback after a surge, pay close attention to the position of 103500, the dividing line for short-term strength and weakness!

Brothers, have a happy weekend! The market is likely to continue fluctuating this weekend, but most altcoins at high positions are still undergoing corrections. Overall, the probability of adjustment is higher at this position. Next week, it is highly likely that the market will begin to adjust or face another wave of resistance at the historical highs before starting to correct. I have already reminded everyone in advance to take profits on altcoins; the current adjustment intensity is considered quite good.

Wishing my brothers a happy Labor Day in advance! During the Labor Day period, I will share market trends from time to time. Currently, the main market is oscillating below the key resistance of 96,000. In the future, it is expected that either it won't break through and will start a wave of adjustment, followed by a rise after the adjustment, or there will be a false breakout followed by a retracement, or it will break through directly and rise to the next level. Support below is at 94,000, while resistance above is at 96,000. Personally, I lean towards needing a wave of adjustment, for reference only!

This wave above 95000 reminds everyone that taking profits requires a wave of adjustment. This is a regular adjustment. After the adjustment ends, there will be another attempt to challenge the pressure at 96000, so wait for key support to stabilize before continuing to buy.

The market short-term requires adjustment, it is recommended to take profits in a timely manner and patiently wait for a re-entry after the adjustment. Personally, I prefer the trend shown in the picture!

The pressure here is very high at 95000. A pullback after breaking the new high at 94500 will form a top divergence. I think it's time to take profits, as a correction is very likely coming. Just pay attention to the 94500 boundary line; personally, I believe there isn't much upside space in the short term, and a pullback is needed. For reference only!

The large pancake is consolidating at a high level, focusing on the 92,000 level. Altcoins continue to take turns to rebound above this level. If it breaks below here, it will lead altcoins to undergo a round of adjustments. After the adjustments, there will be another attempt to challenge the upper resistance. Remember to take profits in a timely manner on altcoin rebounds.

Today's focus is on the support at 92,000. If the price stays above this level, the market will continue to rebound. The overall market is in a strong consolidation phase. If it breaks below, it will start a correction. Once the correction ends, it will still attempt to challenge the upper resistance again.

Prices fluctuating around relatively high levels signal a pullback, it is recommended to take profits and patiently wait for the pullback to arrive, for reference only! It is still possible to buy during the pullback, but short-term buying on highs should be avoided.

Brothers, the market trend is completely within my script, but the short-term is stronger than I expected. After a wave of accelerated rise, the market began to consolidate today. Altcoins are expected to rotate and catch up, but it is recommended to focus on the second wave of rise after breaking through the bottom.

92000 is the Fibonacci 0.5 position for rebound and the bull-bear line position. Here, it is highly likely that there will not be a pullback on the first rise!

Market trends generally follow the script; it is recommended to focus on buying on dips and not to chase highs or panic sell!

Brothers, the market is basically following the script, the overall rebound has not ended, continue to focus on buying on key support levels, short-term high chasing is not recommended, today pay attention to the 86500 dividing line, for reference only!

It is recommended to wait for a pullback before buying at lower prices. Personally, I believe that around 80,000 would be the best opportunity to buy the dip.

The short-term range is oscillating between 83300-85500 to choose a direction. Overall, after this wave of adjustment ends, it will once again challenge the downward trend line!

Brothers, let's take down this pullback after being blocked by the recent high trend line once again. Only after the pullback ends will we challenge the trend line in the next wave!

The pancake has reached a critical position. Will it break the downtrend and trigger a wave of shorts, or will it fail to break and start a wave of adjustment? After the adjustment ends, will it challenge again? From the perspective of risk-reward ratio and trading logic, attempting to short near major resistance with a low stop loss is still feasible. A large fluctuation is expected to arrive. If the key resistance cannot be breached, there will be a wave of adjustment. However, after the adjustment ends, it will challenge the downtrend line again. For reference only!

Overall, continue to look for a rebound; breaking through the downward trend line will open up space!