On Thursday morning, over 182,900 people were liquidated in the past 24 hours, with both longs and shorts being killed by the market makers. Long positions lost $300 million, while short positions lost $220 million. Bitcoin initially surged with a strong upward movement to around $88,500, liquidating short positions, and many rushed to chase the long positions, thinking it would rise to $90,000. However, the bulls abruptly halted at midnight and a downward reversal occurred, with a minimum retracement to around $82,137, liquidating another wave of those chasing long positions. The market manipulation is severe, and one should avoid chasing highs and selling lows! This liquidation data has become quite common; regardless of whether the market rises or falls, there will always be people getting liquidated. It has nothing to do with longs or shorts, gains or losses! It is about position management and risk awareness, which is emphasized daily, yet every day, many newcomers are still getting liquidated.
The market continues with a familiar pattern; the more it rises, the larger the fall. Downtrends are always easier than uptrends. For the market makers, harvesting is also quite effortless, continuously clearing out market positions. From a technical structure perspective, the current weak adjustment background has completely opened up. The recent trend has been a consistent net outflow, with no positive news in sight. At the same time, tariffs have been in a tense state, which finally led to a collapse in the cryptocurrency market overnight! Bitcoin experienced a significant drop. The daily chart also shows a sharp decline, with a large bearish candle. If today's price cannot return above the daily midline of $85,000, there are signs of a continued weakening in the short term. Therefore, under the current weak rhythm and background, if the adjustment opens up, it may directly break below the $81,500 low, approaching $79,500 to continue the previous daily bottom rhythm.
For intraday operations, it’s very simple; after a short-term decline, there will always be a rebound. You just need to catch this rebound to short. This node in the $83,500-$84,000 area can be shorted directly, targeting the $82,300-$81,800 range. If it breaks, continue to watch for a continuation!
In facing the market, one must follow the trend, assess the situation carefully, and avoid being blindly stubborn! Wishing everyone success, always present, with a good market sense, those who understand will understand!
Wednesday afternoon, after Bitcoin touched a high of 85500 last night, it did not effectively stabilize and reversed for correction. Currently, the lowest point touched is around 83500, providing support for a rebound. It has entered a period of short-term fluctuations. In the context of a larger cycle, not much has changed; it is a rebound correction. At present, it is a common market behavior in the channel area. Previously, there would be a pullback after a rise of 3000, and now it is no exception. After five consecutive bullish candles in the 4-hour short-term, it has been followed by consecutive bearish candles, not extending upwards, still showing a weak cycle. In the early session, the high point of 85500 is regarded as a defensive line for a bearish outlook, the first support to look at is the mid-line area of 83000; if it breaks down, then the starting point of last night's rise at 82500 will be watched, taking it step by step!
Therefore, for short-term operations, it is recommended to short Bitcoin in the rebound range of 84700-85200, targeting the area of 83300-82500, and if it breaks, continue to watch for extension!
In facing the market, one must follow the trend, assess the situation, and never act blindly! Wish everyone smooth sailing, always present, with great market intuition, and those who understand will understand!
On Tuesday afternoon, the rebound is not a reversal, don't be fooled, it's all about shorting at high levels! Bitcoin's morning public suggestion was to short in the 83000 area, and I entered at 83100. For this market, there's not much to say, just firmly stick to one direction, manage your positions well, maintain good defense, short in, and then leave the rest to time.
Regarding the current market rhythm, the overnight surge has not continued, the MA5-10 day moving averages are pressing down, and there is a certain pressuring effect at the moment. In the morning market, it's a slow upward trend, and the afternoon strength will be our focus into the evening. The pressure above is concentrated at 83800, with support at the Bollinger lower band of 81200. In the short term, the signal at the 4-hour level is weak, indicating a possible adjustment trend, with downward momentum possibly turning back step by step.
Therefore, for friends currently holding short positions, my operational suggestion is to short directly in the 83300 range for Bitcoin, with targets looking towards 81500-80000. If it breaks, continue to watch for continuation!
In facing the market, one must follow the trend, assess the situation, and never be blindly stubborn! Wishing everyone smooth sailing, always present, with a great market feel, those who understand will understand! $BTC #美国加征关税 #加密市场回调
Monday, during the day, just one word, "Kong", don't be a fence-sitter! Not much fluff and flowers, just following the trend, As long as you are following Lao Xue's ideas, It should be a situation of going "Kong" and flying all the way.
All strategies are published across the entire network, Welcome supervision, four waves of short-term, all points accurately in place! As long as executed, 3800 is easy to eat! That's it, wrapping up! Tomorrow will be another big move! Can't figure out the long and short, act fast, trust Lao Xue!#美国加征关税 $BTC #加密市场回调
On Tuesday afternoon, the Ethereum daily line showed a continuous downward correction closing positive, but the price still remains below the moving averages, indicators in the attached chart show a golden cross with decreasing volume, the fast and slow lines have already converged and are about to form a death cross trend, so the trend of up and down is still very obvious, the short-term resistance area is still 1850, and currently, there is a consolidation adjustment, with a generally weak bearish outlook in the short term. Short-term operation: short in the 1845-1855 area, target 1780-1750.$ETH #美国加征关税 #加密市场回调
Tuesday morning, a brief discussion! Unafraid of the rebound, let's take short positions directly!
Bitcoin, after surging to the 83900 area last night, failed to continue the breakout and subsequently retraced. As of now, the price is operating around 82300, which hasn't had a significant turning point effect. The bearish candle that connects the previous and the next is still evident. Yesterday's correction did not bring about much change; on the contrary, it can be understood as time trading for space. The large bearish candle has not fully retraced yet, and we will not look for reversal actions.
In terms of the current rhythm, we still need to focus on shorting. Since the pattern has not shown a significant rebound and has failed to stabilize above the 83000 level, and there has not been a substantial loss recovery, the overall technical structure's pressure-testing effect remains unchanged. However, such signs clearly indicate that we are in a transitional phase after a significant drop. The short-term signals in the current technical structure have not completely stopped the decline, and various auxiliary indicators are showing very clear bearish momentum, signaling a continued downward trend. Therefore, in my operations, we will short on rebounds, and short at highs; the principle remains unchanged.
Thus, for short-term operations, it is recommended to short Bitcoin in the 82800-83300 range directly, aiming for a target of 81500-80000. If it breaks, we will continue to look for extension!
In facing the market, we must follow the trend, assess the situation, and never be blindly stubborn! Wishing everyone all the best, always here, with great market sense, those who understand will understand! #美国加征关税 $BTC #加密市场回调
This week's focus is on the implementation of Trump's tariff policy! How to face the market dilemma in April?
Tomorrow marks the end of the month and quarter, so today I'll briefly share my thoughts and trading ideas.
First, let's look at the macro news: April 2 (Wednesday) U.S. President Trump plans to implement reciprocal tariffs and industry-specific tariffs, imposing a 25% tariff on imported cars and a 25% tariff on countries purchasing Venezuelan energy.
April 5 (Friday) 20:30 U.S. March unemployment rate and non-farm data 23:25 Federal Reserve Chairman Powell gives a keynote speech.
These are all significant events. Firstly, the options expiration has driven the market down, and secondly, the announcement of the tariff news on April 2 is certainly leaning towards being bearish. Then there's the weekend data and Powell's speech, which hinges on the data; the core focus is on whether there are expectations favorable for interest rate cuts. This has caused market sentiment to become quite panicked, with large players and institutions being very cautious. The trend has been downward recently, and it's evident that everyone is worried about the upcoming tariffs on Wednesday. Leading up to Tuesday and Wednesday, the price of cryptocurrencies should remain relatively weak.
Looking at the trend, the U.S. stock market continued to decline over the weekend, and Bitcoin is currently priced at 81,800. After breaking the upward flag support, it has started to decline continuously. This time, it still failed to successfully break through the resistance of the 4-hour downward channel, which can be seen as the third failure to break the resistance. The daily trend remains in a downward channel, with a four consecutive daily bearish trend and the short positions of the main players still open. The impact of the tariffs is spreading panic, and a bottoming characteristic has not yet appeared. We are waiting for the daily line to show a spike in volume. After each decline, if the rebound is weak, it can be seen as a continuation of the decline. April is likely to be a downward month!
In terms of operations, it’s very simple. After a drop, there will always be a rebound. You just need to catch this rebound to short according to the pattern. No need to consider entry positions; this rhythm can work from any position! This time, the pullback target is first looking at around 79,500 and 76,500. If it continues to break down, then you need to pay attention to the Bitcoin price around 73,000. If support is strong, it may initiate a consolidation or upward correction. If there is a strong breakout, we might see Bitcoin starting with the number 6; we can also expect to return to the price range of 2024. Perhaps the next upward movement will be after May or June. #美国加征关税 #加密市场回调 $BTC
On Sunday, during the early session, continue to watch for a downward continuation!
Yesterday, Bitcoin fell sharply, directly touching the 81600 line, approaching the strong support position at the weekly bottom. Although there was an attempt to test, it could not continue, followed by a rebound. The performance of the large bearish continuation at the weekly level shows a very weak rhythm. At present, the overnight bearish effect is too concentrated, and it should give some time to change space for repairs; otherwise, the real K-line cannot keep up with the pace of decline, moving slowly to buffer the upward rebound. However, the strength should not be too large, after all, the overall sentiment fog of the market is still shrouded.
From a technical structure perspective, the current weak adjustment background has been completely opened up, with no positive news. At the same time, the tariff situation has been in a tense state, putting certain pressure on the entire market. The recent rhythm has consistently been in a net outflow state, with no large-scale rebound to support the price. At the daily level, it continues to report a medium bearish line, and the current K-line pattern shows consecutive bearish declines, with the price below the moving averages. Given the current weak rhythm and background, once the adjustment opens, it may directly break below the 81500 low, approaching the 79500 to continue the daily bottom rhythm.
Therefore, regarding operational suggestions, for Bitcoin, rebound in the 82800-83300 range should be directly shorted, targeting the area of 81500-79500. If the position is broken, continue to watch for continuation! In the face of the market, one must follow the trend, assess the situation, and must not be blindly stubborn! Wishing everyone smooth sailing, always present, with a great market sense, those who understand will understand! $BTC #加密市场回调 #美国加征关税
Saturday, a brief discussion, outline of Bitcoin trend analysis, continue to look at the downward trend in the second half!
Bitcoin plummeted from $88,000 to $81,960, breaking a four-day increase and hitting a key support level near $82,000. There are certainly many retail investors thinking about buying the dip; I can only advise everyone not to do so, but to patiently wait until the end of the monthly and weekly charts before making any decisions. I have mentioned before that this round of decline is a trend-driven downward movement, not the previous spike and washout. We are not afraid of sudden crashes but rather continuous declines; the spread of panic will affect everyone’s trading desire, and of course, this process will be very long and tortuous.
In our previous articles, we talked about the monthly and weekly charts, which are not very optimistic. In the past few days, the market performance has clearly shown a weak trend. Technically, the daily chart is once again closing in the red, experiencing pressure below the moving averages, with the momentum of dark clouds covering the top being quite obvious. The weekly chart has quickly reversed, and with the exchange's holding and market sentiment being overwhelmingly one-sided, there is little rebound momentum to be seen. Without new inflows, support cannot hold. Additionally, tariffs still loom like a dark cloud overhead, and the trade game between China and the U.S. is something we should pay close attention to. Therefore, in this situation, it is inevitable that we will continue into the next round of decline.
Currently, with support also continuously being breached, the important level to watch is $81,800, which is also the weekly bottom support. If this level is broken, the next target will be the daily bottom around $79,500, which can serve as a buffer zone. Once the price falls below $80,000, it is highly likely that we will continue to fill the previous gap near $76,000. If we see a stop to the decline again, that would be a good thing, and instead, it would be an excellent buying opportunity! So moving forward, stay primarily at high levels, and confirm the bottom before making any moves!
Therefore, regarding operational advice, if Bitcoin rebounds in the $83,000-$84,000 range, go short directly, with a 10% stop loss, holding for a swing trade, and protect against $85,000, targeting $81,800-$79,500-$76,600!
In dealing with the market, we must follow the trend, assess the situation, and never act blindly! Wishing everyone all the best; always here, with great market intuition; those who understand, understand! #加密市场回调 #美国加征关税 $BTC
On Saturday morning, Bitcoin showed a fluctuating downward trend yesterday, continuously breaking previous lows, with a minimum drop to the support level around 83,530, currently the coin price is operating around 84,500, the four-hour level market is suppressed by MA30 and has not been able to break out and continue, subsequently, it has been declining along MA7, breaking the sideways pattern, the K-line continues to move lower with a clear strengthening of the bearish trend, the MA moving averages maintain a downward guidance, in the hourly chart, although there is a short-term positive close, the rebound strength is weak, the bulls are unable to recover lost ground, and the overall trend remains bearish. The daily level market has seen a large drop after high-level fluctuations, indicating serious washout, the short-term indicators show a bearish dead cross moving downwards, even though there are signs of a halt in the decline, the rebound strength is weak, there is a risk of another downward probe, and the intraday strategy suggests focusing on shorting at highs and supporting with low longs.
Therefore, for short-term trading, in the evening, rebound in the 84,800-85,300 range, directly shorting, with a target looking towards the 83,500-82,800 area, breaking through will continue to look for continuation!
On Thursday evening, Bitcoin continues to maintain small-scale range fluctuations. Is there still a chance to test the key resistance at 89500?
In the short term, the price is at the bottom of the range's lower boundary on the hourly chart. Yesterday, there was a breakthrough on the hourly level; the range has shifted from contraction to expansion, and the price briefly fell below the range before temporarily rebounding. After the decline, a slight top divergence appeared on the hourly chart, and the overall trend is in a parallel state. The four-hour chart's range trend is in an upward state, which has caused the price to fall back to the lower boundary of the range, currently stabilizing temporarily. However, overall, the four-hour trend still maintains a bullish posture.
On the daily chart, the price is at the upper boundary of the daily range, and the overall daily range is accelerating its contraction. The resistance at the top of the range has now fallen below the key resistance level of 89500. The daily chart is currently in a parallel posture, slightly altering the previous downward trend. Overall sentiment is still slightly bullish, so the strategy is to maintain a low long position.
As for short-term pressure and support, the 200-day trend line on the 4-hour chart is at 86400, and the daily key resistance at 85500 serves as crucial downward support. The resistance above can refer to yesterday's high of 87500 as a point for measuring intraday rebound strength. Currently, there are two important resistances; 88760 is the small previous high on the daily chart, and whether the price can break through here could confirm a short-term top on the daily chart. If a breakthrough occurs here, it refers to the previously mentioned key level of 89500.
Therefore, for short-term trading, in the evening, Bitcoin should be directly bought on a retracement to the 86000-86500 range, with a target aimed at 88000-89000. If it breaks, continue to look for an extension!
In facing the market, one should follow the trend, assess the situation, and never be blindly stubborn! Wishing everyone smooth sailing, always present, with excellent market sense; those who understand will understand! #币安Alpha上新 #币安投票上币 #美国加征关税 $BTC