Diamond Sutra of the Cryptocurrency Circle, Don’t Think I’m Long-winded——(The Deepest Insights of Top Masters)
In the art of trading, the strong are easily broken. Only the most yin and soft can dominate the world. Nothing in the world is as soft as water, but the highest good is like water. Success is equal to small losses plus large and small profits accumulated many times. It is very simple to avoid big losses. Survival is the first principle. When there is a danger of hindering this principle, abandon all other principles. Because no matter how many 100% excellent performances you have had in the past, if you lose one 100% now, you will have nothing. The way of trading is to defend the invincible position and attack the enemy that can be defeated. A 50% loss of 1 million yuan becomes 500,000 yuan, but a 100% profit is required to increase 500,000 yuan to 1 million yuan. Every success will only make you take a small step forward. But every failure will make you take a big step back. It takes an hour to walk from the first floor of the Empire State Building to the top floor. But if you jump from the top of the building, you can get back to the bottom in just 30 seconds.
4.29 Bitcoin is oscillating downward, wait for a pullback to enter long, continue to be bullish
The 1-hour chart shows that Bitcoin's price has been in continuous decline after encountering resistance at 95578. Currently, the price is still testing the downside, and it is clear that it has not yet bottomed out. Combined with the appearance of a doji, it may face a trend reversal downward in the short term, so pay attention to the support level at 92700 for a potential breakdown.
Currently, the market is in a slow oscillation. If it continues to dip near the bottom around 93000, you can continue to add positions for a long. From a technical perspective, the MACD's death cross formation has caused a short-term price decline, but overall, it is still in a pullback support stage. As long as the key support holds, the bullish outlook remains. Friends who are not satisfied with recent market operations can consult btc0796 to discuss the market together.
Long Bitcoin at 92500-93000, target near 96000-99000. Stop loss at 91500.
Long Ethereum at 1710-1750, target near 1880-2020. Stop loss at 1660.
4.28 Bitcoin continues to be pressured at a high level, waiting for a pullback to buy
The price of Bitcoin is clearly facing resistance near the 95769 level, coupled with the appearance of a doji, indicating possible signs of a trend reversal in the short term. If a reversal occurs, a downward trend may begin, but attention must be paid to the effectiveness of the support level at 93000. Currently, the market is in a consolidation range. If it breaks above the resistance level, it may be worth considering adding positions to go long, but if a downward signal appears (for example, the re-emergence of the black three soldiers pattern), it is advisable to consider reducing positions or setting stop losses. The overall market trend is showing an upward trajectory, having significantly risen since the low of 74457 at the beginning of April, and it has not yet reached a peak, indicating further upward demand ahead. Friends who have not been performing well in recent market operations can consult btc0796 to connect with me for market discussions.
Buy Bitcoin at 93000-93500, target around 96000-98000. Stop loss at 92000.
Buy Ethereum at 1740-1780, target around 1880-1980. Stop loss at 1700.
4.27 Bitcoin short-term fluctuations for accumulation, the overall trend remains bullish, the strategy remains unchanged
Bitcoin's recent price has been fluctuating at a high level, approaching the middle Bollinger Band, showing an upward trend but with slowing momentum. In the short term, the price may continue to consolidate near the middle band, with a possibility of a pullback; key resistance levels at 95769 and a potential neckline at 94000 should be monitored to determine the direction of a breakout or reversal. If the price breaks through the key resistance of 95769 with increased volume, one can consider buying; conversely, if the price falls below the neckline of 94000 and does not quickly rebound, it is recommended to reduce positions or set stop losses. From the candlestick patterns, a doji and a potential double top have appeared at recent highs, indicating that the market may face a reversal or continue to consolidate. The price is hovering around the middle Bollinger Band, with increased volatility but not yet broken through; it is advisable to wait for a slight pullback to support, continuing to focus on low buys. For friends who have not had ideal trading results recently, consult btc0796 to find me and discuss the market together.
Buy Bitcoin at 93500-94000, target around 96000-98000. Stop loss at 92500.
Buy Ethereum at 1740-1780, target around 1880-1980. Stop loss at 1700.
The performance is verifiable; the day before yesterday, the big coin suggested a long position at 91800. The market then retraced as I expected, dipping to a low of 91619, which allowed for a perfect entry. I decisively placed a long position on the big coin, with the first target at 94000. Subsequently, the big coin rebounded to a high of 95769, successfully yielding a profit of 4000 points. Ethereum also made a long entry near 1720 on the retracement and was successfully captured. Congratulations to friends who followed the operations. For friends who have not had ideal operations in the recent market, feel free to consult and find me to discuss the market together.
4.24 Bitcoin faces pressure and retreats, wait for a pullback before continuing to buy
On the daily chart, Bitcoin continues to rebound and test the middle band pressure of the Bollinger Bands, forming a bullish three soldiers pattern. In the short term, buyer strength is strong, with indications of further upward movement.
In the short term, the market may continue to maintain an upward trend, supported by the bullish three soldiers pattern. Currently, the market is in a struggle between bulls and bears, but buyers have the advantage. For short-term buying, it is recommended to pay attention to the price reactions at resistance levels 93591, 94060, and 99173. If the price breaks through these resistance levels, additional positions can be added.
From a technical perspective, the doji star typically appears at the beginning of a trend or during a change, indicating a possible reversal or pause, while the bullish three soldiers is a strong bullish signal, suggesting that the upward trend will continue. Friends who have not had ideal trading results recently can consult btc0796 to find me and discuss the market together.
Buy Bitcoin at 91000-91800, target around 94000-97000. Stop loss at 90000.
Buy Ethereum at 1720-1760, target around 1870-2070. Stop loss at 1680.
4.23 Bitcoin price has risen sharply and is experiencing a slight pullback before continuing to rise
The price of Bitcoin has experienced a period of accelerated increase, currently reaching a high near 91500. In the short term, the price has hit mid-channel resistance and multiple bearish signals have appeared, including hanging man and top formation, indicating that the price may face reversal or pullback risks. Furthermore, the appearance of doji and engulfing patterns has added to the uncertainty of the market trend. The current price is close to recent high resistance, which may suppress further increases.
Before the price can break through and stabilize above the resistance level of 91500, it is advisable to be cautious in chasing long positions. Pay close attention to the support level of 88500; if a pullback reaches the support and shows signs of a rebound, one can continue to trade long accordingly. Friends who have not had ideal performance in recent market operations can consult btc0796 to connect with me for market discussions.
Buy Bitcoin at 88000-88500, with a target around 90500-92500. Protect against 87000.
Buy Ethereum at 1640-1680, with a target around 1680-1820. Protect against 1600.
4.22 Bitcoin Faces Pressure and Retreats, Wait for a Pullback Before Continuing to Go Long
The price of Bitcoin, after some fluctuations, broke through to the upper band of the Bollinger Bands and has remained close to the upper band, indicating strong upward momentum. However, following a bullish pattern, a bearish engulfing pattern and a top formation have appeared, suggesting a risk of a pullback. The current formation of a doji and an inside bar also suggests a potential trend reversal.
In the short term, the price is operating near the upper band of the Bollinger Bands, with strong bullish momentum, but the evening trend shows signs of a pullback, so caution is warranted regarding potential reversal risks. Key support and resistance levels will be crucial to observe changes. Pay attention to the key resistance level of 88500 and the support at the middle band of the Bollinger Bands at 85292. If the price effectively breaks through the resistance level, consider continuing to hold or adding to positions; if the price retreats to near support and stabilizes, then it can be a good opportunity to go long. For those who have not been performing well in recent market conditions, consult btc0796 to connect with me for market discussions.
Go long on Bitcoin at 85000-85500, with a target near 87500-89500. Stop loss at 84500.
Go long on Ethereum at 1530-1570, with a target near 1680-1820. Stop loss at 1500.
4.20 Bitcoin is about to break, slight pullback continues to enter long positions
In the 4-hour view, recent prices are fluctuating near the middle band of the Bollinger Bands, showing an overall downtrend.
In the short term, although prices are close to the middle band of the Bollinger Bands, they have not shown a breakout trend. The appearance of a waist belt line may indicate some reversal signs. However, due to the previous occurrence of multiple bearish signals, such as top distribution patterns, black three soldiers, and bearish engulfing patterns, downward pressure still exists in the short term. Currently, the market lacks a clear breakout direction, so closely monitor key support levels and pattern changes. When the price approaches the support level near 84141, simply wait for a pullback to enter long positions. If a clear reversal occurs, the trend direction needs to be reassessed. Friends who are not satisfied with recent market operations can consult btc0796 to find me for discussions on market trends.
Long on Bitcoin at 83500-84000, target around 86500-88500. Stop loss at 82500.
Long on Ethereum at 1540-1570, target around 1680-1820. Stop loss at 1500.
4.17 Bitcoin continues to fluctuate upwards, slight pullback to continue buying
The 4-hour Bitcoin price shows a trend of fluctuating upwards after a wave of decline. However, the current price movement is constrained by the upper and lower bands of the Bollinger Bands, indicating a consolidation phase. Recently, a combination of three consecutive bullish candles and a doji star has appeared, suggesting that there is upward momentum following some local adjustments in the short term, but the market is still accumulating bullish and bearish forces.
In the short term, the price remains in a fluctuating upward trend. However, the consolidation near the middle band of the Bollinger Bands and the failure to effectively break through the upper band indicate that there may be some pressure in the short term. Key resistance levels of 85760 and 88752 may suppress upward price movement, while support levels of 84431 (Bollinger Bands middle band) and today's low of 83063 need to be monitored to see if the price downtrend finds support. The current price shows a fluctuating upward trend, and chasing after price increases is not recommended. It may be considered to wait for the price to pull back to the significant support level near 84431 before entering the market. Friends who have not had ideal trading results recently can consult btc0796 to find me and discuss the market together.
Buy Bitcoin at 83500-84500, with a target around 86500-88500. Stop loss at 82500.
Buy Ethereum at 1540-1580, with a target around 1680-1820. Stop loss at 1500.
4.16 Bitcoin faces downward pressure, wait for a pullback before taking long positions
From a short-term perspective on the 4-hour chart of Bitcoin, market analysis shows a fluctuating upward trend based on candlestick patterns, but the recent continuous bearish candles and the appearance of a top reversal pattern suggest that the risk of a decline is increasing. In particular, the 'Three Black Crows' pattern is a strong bearish signal, indicating that prices may further decline and challenge lower support levels. At this stage, it is advisable to operate cautiously, considering reducing positions or selling to avoid short-term downside risk. Closely monitor the potential support/resistance conversion around the 83000 level; if this level is effectively broken, pay attention to the performance of the important support level at 83000. Once prices stabilize and show signs of a rebound, consider buying at lower levels. For those whose recent trading has not been ideal, consult btc0796 to connect with me for market discussions.
Long positions on Bitcoin between 82000-83000, targeting around 85500-88500. Stop loss at 81000.
Long positions on Ethereum between 1540-1580, targeting around 1680-1820. Stop loss at 1500.
4.10 Bitcoin encounters strong resistance and rebounds after hitting the bottom, going long in line with the trend.
During the day, Bitcoin faced resistance at the 80000 mark and came under pressure, oscillating downwards and breaking below the 75000 threshold to initiate a downward move. The 75000 support held steady for now, with the current price hovering around 77777. Overall, the price is in a downward oscillation trend, facing significant resistance above, but the support level below remains relatively firm.
The MACD is in the negative zone on the 4-hour level, with the fast and slow lines continuing to decline, indicating that the market is still under a bearish trend in the short term, with strong bearish momentum; the RSI is in the weak range of 30 - 50 on the 4-hour level, showing that the market is weak in the short term. The EMA7 has crossed below the EMA30 and EMA120 on the 4-hour level, forming a bearish arrangement, further confirming the current downward trend.
In summary, Bitcoin on the 4-hour chart has already formed a secondary bottom during the day. Considering the previous trend, there will inevitably be a demand for a rebound, focusing on the resistance at 80000; if it retraces, go long.
Long Bitcoin at 76000-77000, target near 82000-88000. Protect at 75000.
Long Ethereum at 1440-1480, target near 1750-2050. Protect at 1400.
4.9 Bitcoin tests support at the bottom, bears are weak, dip buying suggested
In the short term, due to the weak rebound strength, the price of Bitcoin may continue to operate along a downward trend. The likelihood of a rebound ending after a top formation is high; attention must be paid to the appearance of a hammer candlestick which may indicate a potential short-term reversal, but currently, the momentum is insufficient.
If the position focuses on whether the price can stabilize above the Bollinger Band's middle line at the level of 80224, it will determine whether to continue holding or reduce positions. If it breaks above the middle line, consider a tentative buy, targeting an upward move to 85231 or 88752; if it falls below 74457, consider stopping losses and exiting.
The K-line pattern of the spinning top typically appears when the market trend is unclear. In a bear market, the dark cloud cover pattern may indicate a reversal, while the belt hold line usually suggests a short-term trend reversal. Currently, the BOLL price is close to the lower Bollinger Band, indicating recent market weakness, but there is technical support near the lower band. Continue to watch for a possible rebound towards the middle line, and consider entering long positions on dips.
Buy Bitcoin at 76500-77000, targeting around 82000-88000. Stop loss at 75500.
Buy Ethereum at 1470-1520, targeting around 1750-2050. Stop loss at 1420.
4.7 Bitcoin touches the bottom to form support for a rebound, buy on any pullback
The 4-hour Bitcoin price overall shows a downward trend, and the current price has fallen below the lower Bollinger Band, indicating an oversold condition, accompanied by a brief rebound. The moving averages still present a bearish arrangement, suppressing further price increases. The market may continue to face downward pressure. Although the lower Bollinger Band provides short-term support, the rebound strength in the oversold range is limited, and the black three soldiers pattern and the waist-holding line confirm the strong bearish force.
The 1-hour price overall shows a downward trend, breaking below the middle Bollinger Band. Although there is a slight rebound, the strength is weak, and the downward opening of the Bollinger Band indicates that further downward testing of the support level will continue. The recent appearance of a bottom divergence and a doji suggests that a trend reversal may soon occur. The price remains near the important support levels of 77000 and the lower Bollinger Band, and it is crucial to closely monitor whether this support can hold and support the price upward.
In the short term, attention should be paid to the price's reaction to important support levels. If the price continues to find support around 77000 and rebounds upward, there will inevitably be an opportunity for upward movement. For medium to long-term positioning, refer to the points below. Friends who have not had ideal trading in the recent market can consult btc0796 to find me for market discussions.
Buy Bitcoin at 76500-77000, with a target around 82000-88000. Stop loss at 75500.
Buy Ethereum at 1470-1520, with a target around 1750-2050. Stop loss at 1420.
4.7 The big pie touches the bottom to form support and rebound, maintaining a bullish view on pullbacks.
The price of the big pie is in a downtrend on the 4-hour chart, especially after April 3, where the downward momentum is strong. Recently, a black three soldiers pattern appeared, further confirming the short-term downtrend. The market may continue to seek support below, currently testing near the support level of 82175 for new support points.
On the 1-hour chart, the price is fluctuating near the horizontal support line within an overall downward trend. After a significant drop, it is now in a consolidation phase. Although patterns like the belt hold and doji suggest a possible trend reversal, the appearance of the black three soldiers indicates that downward pressure still exists, and the market may continue to oscillate or further decline in the short term.
Currently, the market has not yet clarified its direction and maintains a defensive posture. If the price approaches the support level of 82175, one can consider entering a long position. If there is a clear upward trend and it breaks through the previous high of 88500, one can increase positions to remain bullish. For friends who have not had ideal trading results recently, consult btc0796 to find me for market discussions.
Long on the big pie at 82000-82500, target around 86000-90000. Stop loss at 81000.
Long on Ethereum at 1720-1760, target around 2000-2200. Stop loss at 1680.
4.5 Bitcoin has tested the downside multiple times, waiting for a pullback to go long.
The 4-hour chart shows that Bitcoin is in a downward oscillation trend, and the market may maintain a range-bound consolidation. Due to the narrowing of the Bollinger Bands and the appearance of a top formation and dark three soldiers signal, there is a possibility of further downward testing of support. Pay attention to the price's breakout situation at the upper and lower bands of the Bollinger Bands. If the price pulls back to the support level of 82500 again, consider going long, mainly focusing on a low long strategy.
On the 1-hour chart, the price fluctuates near the middle band of the Bollinger Bands, further indicating the market's hesitation and uncertainty. The market is in a consolidation and oscillation state. The doji and bottom formation in the pattern analysis suggest a possible rebound, but combined with the hovering at the middle band of the Bollinger Bands, the price may continue to oscillate in the short term.
The current market has a balanced force between bulls and bears; it is recommended to maintain a wait-and-see attitude and wait for the market direction to become clear before taking action. If the price does not pull back and directly breaks through the upper resistance level of 86000, you can chase long; if the price dips and breaks below the support level of 82500, then consider going short. In addition, closely monitor the changes in the width of the Bollinger Bands to prevent sudden market volatility.
Go long on Bitcoin at 82000-82500, targeting around 86000-90000. Stop loss at 81000.
Go long on Ethereum at 1750-1780, targeting around 2000-2200. Stop loss at 1710.
4.4 The big pie has hit the bottom, forming support for a rebound; any pullback is an opportunity to buy.
The current price of the big pie has fallen to a relatively low level. In the short term, the price may continue to fluctuate within a consolidation range, facing resistance from a rebound after the consolidation and the possibility of further decline. The morning star pattern, along with recent doji and hammer candlesticks, indicates a potential reversal or correction in the short term. The market is showing certain signs of rebound, but in the absence of indicators supporting the rebound, one should remain cautious about any upward moves. If the price breaks through the resistance level of 88750, it is recommended to buy on dips.
The 1-hour price still faces a fluctuating pattern. Since a flat-bottom pattern has appeared, combined with the performance of the bottom division, there is potential rebound momentum in the short term. However, the extent of the rebound is limited by previous highs and the resistance level of 88500. Wait for the price to effectively break through the resistance level of 88500 or pull back to 82000 before considering entering long positions. If the price falls below the support level of 81000, one should consider stopping losses. For short-term trading, consider executing trades during support rebounds. Friends who have not had ideal trading results recently can consult btc0796 to connect with me and discuss market trends together.
Long the big pie at 82000-82500, target around 86000-90000. Stop loss at 81000.
Long Ethereum at 1750-1780, target around 2000-2200. Stop loss at 1710.
4.3 The market continues to rise, bulls take off, continue to go long.
The 4-hour price shows a bullish trend with consecutive upward candles and the 'Three Red Soldiers' formation indicating strong upward momentum. The market exhibits strong volatility and an upward trend, but since the price is close to the upper Bollinger Band, there may be a short-term pullback or correction. Pay attention to the key resistance level of 88752; if the price can effectively break through this resistance, a bullish outlook can continue. If there is a clear reversal signal near the resistance level, partial profit-taking or short-term arbitrage may be considered.
The 1-hour price shows a strong upward trend and is currently operating near the upper Bollinger Band. There may be some pullback pressure in the evening, especially since the price is close to the upper Bollinger Band. Combined with the emergence of the top formation, there may be a need for adjustment in the short term. Given that the market is in an overall upward trend and the 'Three Red Soldiers' formation indicates strong bullish momentum, buying on dips is advisable, focusing on the middle Bollinger Band or support level near 85000 for positioning. Also, closely monitor the resistance performance at the recent high of 87560; if it breaks through and stabilizes, further positions can be added.
Long at 84500-85000, target around 88000-91000. Stop loss at 83500
The track record is verifiable; last night, Bitcoin suggested a retracement to long, and as I expected, it retraced to the key support level of 82500 for testing. After stabilizing, I decisively went long and provided a long position at 82500. The first target was set at 86000, and today Bitcoin rebounded to a maximum of 87288, successfully achieving a profit of 4700 points. Congratulations to friends who followed the operation yesterday. For those who are not satisfied with the recent market operations, consult btc0796 to find me for market discussions.