So this is what Brother Sun meant when he said the big one is coming. Yesterday at Trump's dinner, they had already discussed starting to crash the market as soon as they got back. Trump's short positions must have been established early, and this drop is definitely going to make a lot of money.
Trump is at it again, starting to impose tariffs on the EU. He can't handle China, and now he's taking it out on you, EU. I can only say one thing: Great is Emperor Trump #特朗普对欧盟征收关税
When the price reaches around 105,000, it will trigger a series of long liquidations. At that time, let's see how strong the support at this position is. If it breaks down and cannot recover, then today's bullish attack will come to an end, and it will retreat to the 102,000 range for defense. #多空对决
The price has risen these past two days, indicating that a big market movement is likely coming. Unfortunately, I didn't buy more long-term options back then.
An index that can be used when BTC is in a pullback
The BTC Dominance Index refers to BTC's market share among the top 20 altcoins. After observing for a while, I found that when BTC pulls back, going long has a historical win rate of about 80%, which is roughly opposite to BTC's trend. During periods of high volatility, when BTC rises, this index falls, and when BTC falls, it rises. Additionally, it won't drop sharply, which is very friendly for contract trading.
However, there is a problem: BTC's market share is already quite high, leaving little room for further gains. So, one can only wait for BTC to pull back before making a move. Sometimes the trends are not completely opposite; for example, when BTC surged to 107,000 yesterday, the market share also skyrocketed, which is quite strange. However, this also reveals the obvious signs of manipulation from the big players behind the scenes. Other assets did not follow BTC's movement; the big players only pushed up BTC to trigger the short positions above, and then the price fell back, causing BTC's market share to decrease. This indicates that the big players achieved their goal and subsequently started selling off. This was a premeditated action, as previously discussed in an article about how the big players coordinated with news to harvest liquidity.
High volatility Clearly both bulls and bears can operate Just two points
Bears look at the resistance level of 108,000. This position, as shown in Chart 1, is the last line of defense for the bears at the previous round's high point on the daily level. If this position is broken, it will likely reach 110,000.
Bulls look at 101,000. This position is the lower edge of the range, and it is also the resonance point of the current upward trend line. The 4-hour MA120 and the daily MA20 are now both at this position. If it drops below this position in the next couple of days, it can definitely be traded.
Final statement: Those who do not understand the positions should definitely not trade, especially chasing after rises or falls during an uptrend or downtrend. The probability of losing money in such cases is 90%. Recently, I've seen many posts about liquidation, most of which are due to the above reason. The volatility in the later stages of a bull market is significant, and one must protect their positions well. $BTC
The current trend resembles a situation where the big player is unloading stocks. This dog trader manipulates the market by first pushing the price up to blow out the short positions above, and then crashing it down to unload. This dual explosion of longs and shorts, combined with news events, maximally attracts the most retail investors to take over the positions. This dog trader's manipulation technique is truly despicable. (Suggesting to increase holdings - first push the price down, then I will buy) #MichaelSaylor暗示增持BTC $ETH
Tonight at 20:30 CPI data release Market expectation is unchanged at 2.4%, and data higher or lower than expected may lead to significant volatility Currently, the market is in a tug-of-war between bulls and bears, with BTC price at a critical level Pay attention to position management #CPI数据来袭 #交易经验
Patiently waiting for trading opportunities to arise
In recent days, the market has been on a one-sided rise, and it can basically be said that except for those who chased the price upwards in between, no one can make a profit. Such a market is very difficult to trade, as those who want to wait for a pullback cannot get in on this large one-sided trend and simply cannot catch the ride. Secondly, many people who short from the 'top' frequently get stopped out, and there is hardly any significant pullback. It can be said that if one does not cut losses when shorting, they will definitely face liquidation. Such a large one-sided trend is relatively rare, and the duration is not very long. Often, after touching significant support or resistance levels, the market will experience a pullback or reversal.
Callback Warning As shown in the figure, both BTC and ETH have fallen below the upward acceleration line. The 4H MACD shows a death cross, with a clear trend of top divergence. A bearish shooting star has appeared at the top of BTC. In the afternoon and evening, be cautious of short-term pullback risks.
If nothing unexpected happens, there will be one last wave of increase in the next couple of days, which will be the last escape opportunity for retail investors. This wave of the market is moving very quickly, mainly because it aims to release the good news as soon as possible; any small piece of good news will become a reason for a price surge. Therefore, it can be seen that the strength of this rebound has already broken through the critical level of 100,000, giving people the feeling that it is about to break new highs. However, all of this is just a smokescreen from the market makers, a means to attract retail investors to drive up prices and offload their holdings.
Reflected in the market, Monday will continue the upward trend from the weekend. However, I believe that the increase this week will slow down. First, the prices of most cryptocurrencies have reached high levels, facing significant resistance and selling pressure above. Second, under favorable news conditions, market makers will do their utmost to allow retail investors to enter; each new wave of increases will be accompanied by a pullback before breaking through again. From the candlestick chart perspective, this indicates a transition from an initial one-sided trend to a fluctuating upward trend. The market is expected to peak within a week, and both sides of the long and short positions will face the greatest contest; it will not be too late to engage in operations at that time. #ETH突破2500