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.
8.4 Bitcoin Continues to Break Support, Bears Have Become the Norm, Where are the Gaps in the Subsequent Market?
BTC is under clear short-term pressure, and recent data from large transactions in the last 12 hours shows a net outflow of major funds, with total sales significantly exceeding purchases, indicating a short-selling trend. Especially in the latest 1-hour cycle, large market sell orders continue to suppress prices, indicating that selling pressure from major players still exists. Combined with the current candlestick pattern, the doji and the double top pattern further confirm strong resistance above, suggesting a potential continuation of the pullback in the short term. Although the MACD has crossed above the zero axis, the KDJ has entered the overbought zone and is diverging downwards, indicating an increased risk of a pullback.
ETH shows strong bearish signals in the short term, with the current price falling below the support of both EMA24 and EMA52, and both moving averages are clearly declining, suggesting increased downward pressure in the medium to short term. At the same time, although the KDJ shows a golden cross, the MACD histogram continues to shrink, confirming that downward momentum is still accumulating. Combined with the chip distribution, a strong resistance level has formed around 3600, with no significant support below. The current candlestick pattern also shows a bearish engulfing pattern, coupled with the volume aligning with short positions, indicating a potential continued decline in the short term. For friends who are dissatisfied with the recent market operations, consult btc0796 to find me for market discussions.
Operational Suggestions: Short Bitcoin at 115000-115500, target around 113000-111000. Stop loss at 116500.
Short Ethereum at 3550-3590, target around 3420-3320. Stop loss at 3630.
8.2 The downward support is about to break. What should be done in this imminent situation?
Currently, the downward trend pressure for Bitcoin has decreased to 118500, and the trend support has lowered to around 111500. The maximum level trend support of 74000~98000 has gradually risen to around 110300 over time. When the price tests this level, it is likely to rise to around 111000, making this position a double support.
Ethereum's price has fallen from 3940 to the current low of around 3600, a decrease of 360 points. The current parallel upward channel trend support for Ethereum is around 3540. The previously established major downward channel trend pressure has turned into support after breaking the second high point, and this support has decreased to around 3440. The acceleration point is at 3440; if it breaks below this, it will test the ultimate support around 3150~3200. If this mid-line position cannot hold 4100, forget about it; a total reversal and a continuation into a major level of fluctuation toward 2000~1500 is highly likely. For friends who are not satisfied with recent market operations, consult btc0796 to connect with me for market discussions.
Operation Suggestions: Short Bitcoin at 115800-116300, target around 114800-113800. Stop loss at 117000.
Short Ethereum at 3640-3670, target around 3560-3480. Stop loss at 3710.
8.1 Bitcoin Fluctuations: How to Decide Between Long and Short at Critical Moments?
In the early hours of yesterday, the Federal Reserve's interest rate decision was unsurprisingly unchanged, but the market took the opportunity to quickly drop and then rebound. Yesterday's Bitcoin market continued to fluctuate back and forth, rising in the evening, then dropping from 118400 to 115800 due to the interest rate decision and related news, followed by another rebound. It is now back around 118000, still oscillating within a narrow range. The bottom rebound in the early hours has broken through the hourly level resistance, indicating there will be some continuation.
During the day, first pay attention to the resistance area of 118700-119300. If the rebound does not break this position, one can still enter short, initially targeting 117000, and if broken, continue to observe the support test around yesterday's low of 115700. If Bitcoin rebounds to the range of 118500-119000, short can be executed with a target down towards 117000-116000. Ethereum has formed a rebound after a decline, and it still shows relatively strong performance. Similarly, if this rebound does not break, a short position can be taken. For those who find the recent market operation unsatisfactory, consult btc9063 to connect with me for market discussion.
Trading Suggestions: Bitcoin short at 118500-119000, target around 117000-115000. Stop loss at 119500.
Ethereum short at 3810-3850, target around 3710-3610. Stop loss at 3890.
7.30 Good news! Bitcoin bearish strategy gained 2000 points profit, Ethereum captured 130 points, all accurately grasped.
The performance can be verified. Yesterday, when Bitcoin was still fluctuating around 119000, I decisively suggested shorting Bitcoin with a rebound to 119000, targeting 116000. The market indeed followed my prediction, first rebounding, reaching a maximum of 119258 before directly reversing to drop. Currently, it has fallen to a minimum of 116923, securing a profit of 2000 points.
For Ethereum, I suggested shorting at around 3850 with a target of 3600. The market rebounded to a high of 3885 before also dropping sharply. Currently, Ethereum has fallen to a minimum of 3712, securing a total profit of 130 points. Congratulations to friends who followed the operations. For those who have not had good results in recent market operations, consult btc0796 to find me and exchange market insights together.
7.29 Bitcoin Short Position Setup? Unable to Break Through 119K, Inducing Longs and Liquidity Washout for Downward Momentum!
Currently, BTC is consolidating around 119,000, attempting to break through but has not surpassed the 120,000 resistance level. Short-term momentum is weak, and resistance is facing challenges! The logic for short positions reveals clear pressure; the 119,800 range has been repeatedly blocked and retreated, with bulls unable to stabilize and technical indicators out of balance.
In the 4-hour chart, the 50-day moving average is turning downward, indicating a weakening short-term trend. On-chain capital is loosening, and whale capital is showing an increasing tendency to disperse, which may correspond to intensified profit-taking by main players. As for short-term strategies, if the repeated attempts to test 119,000 fail, it is advised to gradually open short positions at high levels, with a stop loss set below 120,500. Key support looks towards the 115,000 area; if lost, further declines can be anticipated. The current fluctuation is heavily flavored with inducing longs, and one should be cautious of short-term bullish sentiment backlash while maintaining a bearish stance. For friends who find recent market operations unsatisfactory, consult btc0796 to connect with me for market discussions.
Trading Suggestions: Short at 119,000-119,500, targeting around 117,000-115,000. Stop loss at 120,500.
Short at 3,850-3,890 for Ethereum, targeting around 3,600-3,500. Stop loss at 3,950.
7.28 Bitcoin successfully breaks out, Monday market sees peak layout for long-term short! When will the pullback gap of 108000 arrive?
Bitcoin rebounded again after a false bottom support, reaching around the 120,000 mark. Currently, the price is close to historical highs. In the evening trend, the price clearly faced resistance after hitting 119500, and the short-term pressure remains. As long as this line is not broken, bears still have opportunities.
Data shows that BTC's buying and selling power has been basically balanced in the last 12 hours, with key support levels being protected by capital. Major sell orders from the main force are clearly suppressing prices, and combined with the KDJ death cross signal, there are still risks of a downward move in the short term. The current candlestick forms a bullish engulfing pattern, but caution is needed for the bearish signal of three black crows that appeared in the afternoon. Main behavior shows that 118000 is a key point for bulls and bears to contend. Ethereum has once again approached the pressure level near 3850; as long as the previous high is not broken, it still maintains a primarily short position. For friends whose recent market operations have not been ideal, consult btc0796 to find me and discuss the market together.
Operation suggestions: Bitcoin short at 119300-119800, target around 116000-113000. Defense at 121000.
Ethereum short at 3830-3875, target around 3600-3500. Defense at 3920.
7.26 Bitcoin Rapid Sell-off, Dips and Then Rebounds, Is the Market Up or Down? The Bitcoin trend basically meets my expectations. After breaking below the support trend at 115000, it rebounded after hitting the bottom. The current price is again in a high-level fluctuation. In the short term, both bulls and bears are confused. Do not be misled by the market's back-and-forth movements. It is expected that there will be further tests of more critical support in the future. Currently, the downward channel trend support has been lowered to around 113400, and the large-scale trend pressure has been raised to around 118800, still favoring short positions.
Data shows that large BTC transactions reveal a clear short signal from the main force, with the total amount of large market sell orders far exceeding buy orders, indicating a significant short trend. Short-term rebounds further suppress the price's upward space. Combined with the current K-line, the downward trend is confirmed. At the same time, the recent KDJ indicator is converging, and the RSI double bottom pattern shows initial signs of a rebound, but we must be wary of continued selling pressure from the main force. From the technical perspective of Ethereum, a head and shoulders top is forming, with support seen at 3300-3400 below. For friends who are not satisfied with recent market operations, consult btc0796 to join me in discussing the market.
Operation Suggestions: Short Bitcoin at 117500-118000, target around 116000-114000. Defensive at 119000.
Short Ethereum at 3750-3790, target around 3600-3500. Defensive at 3840.
7.25 Good news, Bitcoin bearish strategy achieved 4000 points profit, Ethereum captured 180 points, all accurately grasped.
The performance is verifiable. Yesterday, when Bitcoin was still fluctuating around 118500, I decisively gave the signal for a short position as Bitcoin rebounded to 119000, with a target set at 115000. The market indeed followed my prediction, first rebounding and then reversing downwards after reaching a high of 119376, currently dropping to a low of 115080, achieving a profit of 4000 points.
For Ethereum, I indicated to short when it rebounded to around 3750, targeting 3500. The market rebounded to a maximum of 3753 before also dropping sharply. Currently, Ethereum has perfectly predicted a drop to 3570, achieving a total profit of 180 points. Congratulations to those who followed the operations. For friends who have not had ideal trading results recently, consult btc0796 to connect with me for market discussions.
7.25 Bitcoin fluctuates in a narrow range, ETH price stagnates, and the mid-term market is poised for a breakout!
Bitcoin is currently hovering in the range of $115,600 - $119,500, with multiple attempts to break through resistance levels failing, revealing hesitance in the market. If it breaks through the resistance, it may continue the bull market and challenge historical highs. However, if it loses the support level of $115,600, it may trigger a deep correction, with $110,000 - $112,000 potentially becoming a low-price accumulation zone. It is important to note that the lower half of this range lacks liquidity, making it susceptible to violent shocks, and any decline could trigger a chain reaction in the market, particularly affecting the more volatile altcoins.
Ethereum's perpetual trading volume has surpassed Bitcoin for the first time since 2022, reflecting a growing market preference for altcoins. Data shows that although Bitcoin's price is rising, its dominance is declining, while altcoins have shown significant gains in the second half of July. A key driver of this trend comes from new legislation signed by Trump, which provides clear legal guidance for crypto assets, directly boosting investor sentiment and institutional interest, becoming an important support for altcoins' strength. For friends who are dissatisfied with recent market operations, consult btc0796 to find me and discuss the market together.
Operational Suggestions: Short Bitcoin at 119,000-119,500, with a target near 117,000-115,000. Stop loss at 120,000.
Short Ethereum at 3,750-3,790, with a target near 3,600-3,500. Stop loss at 3,830.
7.24 Good news, Bitcoin looks bearish with a profit of 2300 points, Ethereum captured 170 points, all accurately grasped.
Performance can be verified, yesterday Bitcoin was still fluctuating around 119000, decisively giving a short position on Bitcoin's rebound to 119500, with a target seeing 117000. The market indeed followed my prediction, first rebounding, peaking at 120300 before directly reversing and falling, currently dropping to a low of 117259, achieving a profit of 2300 points.
Ethereum provided a short position on the rebound near 3750, with a target seeing 3580. The market rebounded to a maximum of 3764 before also dropping sharply, currently Ethereum has perfectly predicted a low drop to 3580, achieving a total profit of 1700 points. Congratulations to those who followed the operation. For friends who have not had ideal operations in the recent market, consult btc0796 to find me for market discussions.
7.24 Is Ethereum experiencing a high-level stagnation or a peak reversal?
Currently, there are multiple adjustment candlesticks on the daily Ethereum chart. Focus on the 3860-3600 range for intraday trading; the market showed a fluctuating close on Monday. The intraday high was 3798, the low was 3616, and it closed at 3746, forming a long lower shadow doji which, combined with the doji from Sunday’s high and pullback, creates a high-level propeller combination. The peak signal indicates a recent slowdown in upward momentum, aligning with our short-term outlook on the market from yesterday; the strong resistance area at 3800-3900 is facing some pressure; a pause in the continuous upward trend is expected, leading to adjustments and pullbacks; short-term trading can consider high shorts below 3850; try to enter near 3800 to look for short signals in smaller cycles. For friends who are not satisfied with recent market operations, consult btc0796 to find me and discuss the market together.
Trading suggestions: For Bitcoin, short at 118500-119000, target around 117000-115000. Stop loss at 119500.
For Ethereum, short at 3660-3700, target around 3600-3500. Stop loss at 3740.
7.23 Bitcoin rebounds from the bottom again under pressure, when will the bears start?
As of now, Bitcoin is oscillating around a high of $119,077, with the intraday high only reaching $119,582, and the bullish momentum has significantly weakened! Three major bearish signals have simultaneously appeared on the technical front: RSI shows bearish divergence, the rise is without volume, and buying momentum is declining. The RSI has formed a death cross, and short-term buying power is basically exhausted. The price has repeatedly attempted to break through the $119,000-$120,000 range without success, making it highly likely to enter a correction period!
Current resistance is strongly pressed at $119,000-$120,000; a light short position can be tried in the short term, with a stop loss set above $120,500. If it breaks below $115,000, it will confirm the entry into a bearish rhythm, with a target range looking toward $112,000-$110,000. If it continues to maintain high-level oscillation but does not effectively break through with volume, be cautious of a potential trap for bulls!
For friends who have not performed well in recent market operations, consult btc0796 to find me and discuss the market together.
Trading suggestions: Short Bitcoin at $119,000-$119,500, target around $117,000-$115,000. Defense at $120,500.
Short Ethereum at $3,750-$3,790, target around $3,680-$3,580. Defense at $3,840.
7.22 Bitcoin Retracement Alert ⚠️ High pressure persists, overbought signals frequently appearing, beware of a plunge.
Since Bitcoin's recent rise to a high of 123200, the intermediate fluctuations have formed a secondary high point at 121000. These two high points have temporarily created a short-term descending trend pressure, which has now reduced to around 119200. The current position of 118700 is already very close to this pressure. If this short-term trend faces resistance again, the market is expected to fill the trend support of 98000~107000 in the short term, with that support raised to around 115300!
From Ethereum's technical perspective, there will not be a short-term test of the 4100 mark. This wave has risen from the last retracement at 2100 to the current high of 3800, ignoring the strongest triple pressure at 3500 in the straight rise. The lower moving average indicators are lagging behind, making it difficult to continue rising. When the price approaches 4100, it is highly likely to break through. In that case, it will continue into a one-sided trend. However, considering the current emotional phase, a one-sided trend at this point is meaningless. Therefore, in the next half month to a month, there will be space of several hundred points from 3800 to 4100, waiting for a retracement to repair support before looking at 4100! In the short to medium term, a retracement to 3150~3300 is expected. For friends who are not satisfied with recent market operations, consult btc0796 to connect with me and discuss the market.
Operational Suggestions: Short Bitcoin at 118000-118500, target around 117000-115000. Stop loss at 119500.
Short Ethereum at 3780-3820, target around 3680-3580. Stop loss at 3870.
7.19 Bitcoin short-term will pull back, Ethereum under pressure to decline!
The Bitcoin market tested the 120,000 mark after expanding the second high point last night and was blocked again for a pullback. Currently, the key position that needs to be pulled back in the short term is around 115,000, which is the support point of the large-scale upward trend. Ethereum has a unilateral rebound, and the weekly symmetrical V reversal has formed a head pattern, still about 400 points away from the head gap of 4,100. In the short term, it will not easily touch 4,100. In the next half month, it is highly likely to consolidate and repair the lower support around 3,100 to 3,600 before making up for 4,100!
In the evening, there were frequent large sell orders from the main force in Bitcoin, raising warnings about short-term correction risks. The net outflow of the main force is significantly higher than buying, showing a clear short-selling trend. The evening market further suppresses the price's upward space. Combined with the current MACD dead cross and KDJ divergence downward signal, the short-term pullback pressure is intensifying.
Operation suggestion: Short Bitcoin 118,000-119,000, target around 117,000-115,500. Defense 120,000.
Short Ethereum 3,570-3,610, target around 3,470-3,400. Defense 3,650.
7.17 Bitcoin is clearly under pressure at high levels, while Ethereum is surging like a dragon crossing the river. How should we proceed?
Today, the Bitcoin market saw a bullish rebound that touched the high level of 120,000, which was clearly under pressure. Subsequent rebounds have also faced downward pressure, with bulls showing signs of fatigue. The Bollinger Bands on the 1-hour chart are also running downwards, and the MA moving averages along with the middle band are clearly being suppressed and running downwards. The KDJ indicator for bulls is opening downwards, and the MACD bearish volume is slowly increasing. It is suggested that we can first take a short position at high levels to watch for a pullback. If the strong support level at 115,500 is touched and still not broken, we can look for opportunities to go long.
Ethereum today saw an increase of 10%, while Bitcoin continued to fluctuate at high levels. The main focus today was clearly on increasing Ethereum to fill the gap. The trend is still clearly heading towards 4,000, but at present, Ethereum is consistently spiking up and down. The short-term increase has reached a stage, and to guard against a deep pullback in the market, we can take a short position for a moment.
Trading Suggestions: Short Bitcoin at 118,800-122,300, with a target of around 117,000-115,500. Stop loss at 123,000.
Short Ethereum at 3,430-3,470, with a target of around 3,330-3,230. Stop loss at 3,520.
7.15 Bitcoin breaks through the 120,000 mark, where is the support below?
Bitcoin broke through 120,000 today and reached a high of 123,000. Currently, during the 4-hour upward process at the top, there has been significant divergence. Since the breakout of the new high, it has risen by more than 10,000 points. After breaking the pressure of the trumpet shape, strong pressure has turned into support, which has currently been raised to 116,500. In the future, it is highly likely to enter a consolidation range and during the consolidation process, it may revisit the low point of 116,500 to form a disconnected line shape. Yesterday, a short position for Bitcoin was also given at 121,500, seeing a price of 117,000. Today, it has pulled back as expected to drop to the key support of 117,000. Currently, this support is holding and trading sideways at this position.
Bitcoin's major orders are frequently fluctuating, and the short-term direction may have uncertainties! In the last 12 hours, the buying and selling forces of the main players are basically balanced, frequently testing the key support position. Combined with the doji signal of the current 2-hour candlestick pattern, the market is at a critical node for direction choice. At the same time, the price is below the EMA24/52 moving averages, showing an overall downward trend, but the KDJ indicator has entered the oversold area, which may trigger a rebound. Tonight, we will continue to follow the short-term long strategy.
Operation suggestions: Long Bitcoin at 116,500-117,000, target around 120,000-123,000. Defense at 116,000.
Long Ethereum at 2,950-2,990, target around 3,080-3,180. Defense at 2,920.
7.14 Bitcoin breaks through the historical high of 120,000 again, where will the subsequent pullback gap be?
After breaking the previous high of $11,888, Bitcoin surged to a historical high of $123,300. The recent market has continuously reached new historical highs. Is this the start of a main upward wave, or is it the final trap for the bulls? From a technical perspective, there is a clear divergence on the 4-hour chart. From a macro view, this surge reflects the strength of American institutions. In theory, at this price, short-term retail investors should not be buying Bitcoin at such high levels. The inflow of trading volume is obviously not as fierce as before, so there is a possibility of selling off at high positions at any time. It is not recommended to chase the market at this time; it would be better to set up short positions at high levels.
Ethereum has also genuinely broken out on the daily chart. After breaking 3,040, it has risen to 3,083. If Ethereum catches up, the next level to watch is 3,200, as there are many trapped positions there, making it not so easy to break free. One can enter short positions in batches around 3,050.
Trading Suggestions: Bitcoin short at 121,500-122,000, target around 119,000-117,000. Stop loss at 122,500.
Ethereum short at 3,050-3,090, target around 2,950-2,850. Stop loss at 3,130.
7.13 Bitcoin Hits New High! Shorts Lose 1 Billion in a Day, Is the Bull Market Unstoppable?
Current Market Conditions of BTC and Future Trends, Real-time Layout for Ten Thousand Points Profit Long-term Position! Bitcoin staged an epic market on July 11, 2025, with its price first breaking the $118,000 barrier, reaching a peak of $118,856 during the session, setting a new historical high. This explosive surge instantly ignited the market but also triggered a massacre of short positions—data shows that in the past 24 hours, the total liquidation amount across the network reached $1.17 billion, with nearly 90% of the losses from short positions, leading to over 230,000 traders being liquidated and the market in despair.
The flames of Bitcoin soaring to the sky illuminate a new era of institutionalization and policy legalization, while also reflecting the wreckage left behind by leveraged liquidation. $118,000 is a milestone, but not the end—just ahead, the psychological barrier of $120,000 is both a technical stronghold and a touchstone for human greed. While bears are still catching their breath, bulls are already loading ammunition for the next charge; the market shows no sympathy for the weak, only reverence for the awake.
Operation Suggestions: Buy Bitcoin at 115500-116000, target around 118000-120000. Defense at 115000.
Buy Ethereum at 2860-2900, target around 3000-3100. Defense at 2800.
7.12 Bitcoin violently surged, Ethereum soared, how should long and short positions be arranged in the future?
Currently, the head and shoulders pattern on the four-hour chart of Bitcoin has been completed, and the market has again entered a horizontal consolidation phase. Bulls are attempting to test the upper Bollinger Band, but the continuation is insufficient, and momentum is weak, with an overall tendency towards a bearish structure. The market has not been able to break the oscillation range, showing a 'step back every step' movement to correct the current situation. It is expected that the market will display a volatile consolidation trend over the weekend, with a high likelihood of the fluctuation range narrowing. From a trend perspective, the market is still operating within an ascending channel, and short-term adjustments are part of a normal rhythm, which is unlikely to alter the overall direction dominated by bulls. In terms of operational strategy, it is recommended to adopt a pullback strategy to lay out long positions, relying on key support levels to seize low-buy opportunities for greater stability.
Ethereum is currently facing a directional choice, forming a clear accumulation peak in the 2930-2970 range, with the current price testing the lower support of this area. Combined with the MACD death cross signal, there is a risk of a downward breakout in the short term. More notably, recent trading volume has shrunk by 17%, indicating a strong wait-and-see sentiment in the market. Technically, although the EMA24 and EMA52 still maintain a bullish arrangement, the hanging man combined with a top distribution pattern appears, suggesting that the upward momentum is weakening. The strong support area below is 2650; if it breaks below 2850, it may accelerate toward that area.
Operational Suggestions: Buy Bitcoin at 115500-116000, target around 118000-120000. Stop loss at 115000.
Buy Ethereum at 2860-2900, target around 3000-3100. Stop loss at 2800.