龙龙历险记

The large pancake has quickly dropped on the four-hour level with signs of increased volume. It seems that Long Ge has formed a short-term downward trend, and then a gap was formed near 106100 (near the yellow circle). Yesterday's rebound just couldn't fill the gap, so today's main direction is to short.

If you missed the best entry point near 106000 in the morning, then wait around 105500. The stop loss is at the upper edge of the gap. #BTC走势分析

In the past two days, Bitcoin and Ethereum have been breaking through, and Long Ge has been reminding everyone of the risks in the market for the past two days. On the surface, it seems like Long Ge has got the direction wrong, and many people say, 'Look, it’s gone up, and you still warned about the risks, didn’t you miss the opportunity?'

But Long Ge wants to ask, how many of you have actually bought Bitcoin and Ethereum? Most people are still buying altcoins. So, everyone should take a look at the altcoins you are paying attention to or have purchased; aren’t most of them still below their previous highs, and during today’s pullback, have dropped even lower than before?

This is why I warned about the risks; often, the last stage of a bull market creates such an illusion of rising prices. If you haven’t exited the market yet, with the ongoing fluctuations and gradual declines, you will end up losing more and more!

Below, I randomly picked four trending altcoins; let’s see if what Long Ge said holds true.

After the first phase of the big coin's rise ends, Long Ge mentioned that there would be a period of adjustment, which corresponds to the triangular convergence shown by the yellow line in the middle. After completing the adjustment, it began to form a bottom pattern.

Since the night before yesterday, it has been rising and has now reached above 109000, starting to oscillate again. This position is where the previous triangular convergence was. Long Ge believes that since the market has once again come to this pressure point for oscillation, it is very likely to break through, but it is important to note whether this break will be a true breakout.

Many friends have asked if we can still reach the previous high, whether the market is still there. Long Ge's view is that the big coin has been rising since the bottom of 74500, and the altcoins will rise along with it. As the big coin adjusts and oscillates, some altcoins are basically falling back to their starting points. If the big coin breaks through the previous high again, Long Ge believes that most altcoins will not reach the previous high and may remain relatively stable. However, once the big coin truly begins to adjust, altcoins will continue to fall below historical lows.

Therefore, Long Ge believes that the possibility of the big coin breaking a new high is very high, but whether it can drive growth in your account is uncertain. As for whether the market is still there, it depends on what kind of coins you hold. This is a personal opinion; please refrain from negative comments! #BTC走势分析

Today's market originally had a buy order placed at the 104500 level, but missed it by 20 dollars at the lowest point, missing a quick profit opportunity. Let's continue to wait for the next chance. There is still pressure around 105900, so everyone should pay attention to the market's pullback.

Continuing yesterday's market trend, the short position placed yesterday has been profitable, preparing to take profits, filling the important gap above, and then continuing downward. Next, we will test the support below. If the support holds, one can choose to enter a long position near 103000 below. #中心化与去中心化交易所 $BTC

The premium zone support below the one-hour level is relatively strong, and most of the panic selling in the morning has subsided, so there should be a small rebound here.

Above, there is a gap around 104400 where both the one-hour and fifteen-minute levels resonate; this needs to be filled.

In terms of operation, we will wait for the resistance at the 104400 position to short, and we will notify you of any real-time changes. #加密市场回调 $BTC

This is the drop we've been waiting for, brothers close your short positions and take the profit, sleep well!
Remember what Long Ge said when making a top! Tomorrow we will adjust upwards, then continue to short, follow my instructions! $BTC #加密市场回调

Update on market trends: After breaking below 106000 today, an effective pressure gap was formed at this position. Therefore, from the one-hour perspective, we can see that when the market rebounded below 106000 in the evening, it weakened and started to move downwards.

In the coming days, it is estimated that there won't be much significant movement, likely a consolidation or a downward trend. To move upwards again, a successful breakout of the 10600-106800 range is necessary. It is once again a weekend market, and also a holiday, so the market in the next couple of days is very likely to be quite dull. $BTC #加密市场回调

Shorted accurately at position 106000. Since it has dropped, let it drop as much as it can; the take profit position will be notified.

The market is very likely starting to form a top here, and there is a high possibility of a bearish market for the bears! $BTC #马斯克宣布离开特朗普政府

The market continues to evolve. Last night it dropped again, which indeed liquidated the big trader's long position. Then, I went with the trend and made a small long position at 106000, with a stop loss at 105500, but unfortunately, it hit the stop loss. I believe that if it breaks below here, it will break the upward trend.

The next operation is to short during the rebound. This morning, the first wave of rebound reached around 106175 and was then pushed down again. So, continue to pay attention to the resistance zone of 106000-106500 for shorting during the rebound; specific notifications will be in the group. #BTC $BTC

Last night's pullback just hit the entry zone mentioned by Long Ge. Currently, there is a bullish order in the market valued at 4,903 BTC, with a liquidation price at $106,450. However, the recent spike did not reach this position for liquidation, and it bounced back up. Therefore, our long position will have an upward movement tonight, but remember to take profits, as it is highly likely that it will come down to liquidate this bullish position.

To know the future market trend, you can join the group for more information. #BTC☀ $BTC

There has been no market update in the past two days. Looking back at yesterday's market, it dropped to around 106500 and tested twice before rebounding. Yesterday, I was waiting for a rebound gap near 110200, indicated by the yellow arrow along the way. Then, from night to morning, the lowest point provided at least a $2000 opportunity.

Today witnessed a day of rebound. Long Ge believes that the probability of this wave of upward movement breaking the previous high is very low, so I will continue to focus on the positions near the gap and primarily layout short positions. $BTC #Strategy增持比特币

Upper resistance: 110685-111050
Lower support: 109000-107000

Recently, my market intuition has come back. After resting for a couple of days, I'm ready to start making money with my fans! No, I mean, I'm ready to start printing money! The crypto world has always been Long Ge's ATM🏧, it always has been!

Why does the market keep rising!
1. Believers in the bulls hold on and do not sell
2. Those trading short-term contracts for the bulls are thrown off and dare not get back in
3. The bears are still not convinced and are increasing fuel
Summary: With no selling pressure and more fuel, how can it not rise?
Seven consecutive weekly gains, when will there be a wave of selling against the bulls?

May 22 Market Analysis: Today we won’t do extensive technical analysis of the market; instead, I will share my bullish and bearish views from two perspectives.

First, from a rational perspective, looking at the market, since we have broken through new highs and the rally is very decisive, the willingness for the market to continue climbing is certain. After all, looking back at past bull markets, once the market breaks through historical highs, it marks the beginning of the main upward wave's exuberance. It has been a long time since the market has felt this way; without extreme exuberance, how could there be tragic stories in the future? As the ancients said: Excessive joy leads to sorrow. Only by having experienced it can one stimulate greed in people. Therefore, from the market perspective, the alternating cooperation of Bitcoin and Ethereum, along with the indicators showing that something big is coming.

Secondly, from an emotional perspective, let’s observe that the altcoin season we desire hasn’t arrived yet; Bitcoin is still in a solo party. Some sectors have performed well, but let’s not forget how much they have dropped before; perhaps they will never return! Everyone is anticipating Ethereum to lead the altcoins to rise collectively, but we must understand what leadership means. It can drive sentiment, but a price rally requires capital. Is there that much external capital? Even if there is, the external retail investors have already been trapped; those coming in now are smart money with high awareness. Therefore, the rise of altcoins is temporary, but the pullback is collective. The lack of market liquidity may lead to the “death” of some altcoins. Long believes that when the market rises too much and becomes weak, there may be another pullback.

Thus, I have also loudly called for $384,629,300,198,000, as I believe #eth will ultimately improve. After all, aside from the consensus of $78,958,357,519, it is just ETH. In fact, the construction and ecology of the Ethereum network have always been stable; its market and timing just haven’t arrived yet. But who can provide liquidity for the altcoin market? It’s just an empty shell; the market’s liquidity attack on altcoins depletes quickly. Therefore, it’s important to choose wisely.

Summary: Under long-term faith, I will be a bit more cautious in my operations. This market is no longer a time when ordinary diamond hands can make money. Being aware of risks is my current subjective operation.

There was no market analysis today. I observed the market fluctuating at a high level, and the volume below is quite significant in both directions, indicating that the battle between bulls and bears is very intense.

From a broader perspective, Long Ge believes that whether holding Bitcoin in the spot market or e-guards, both can be held without action, especially since the uptrend of $ETH remains optimistic in the medium to long term. The TVL on the Ethereum chain is gradually climbing, and the on-chain ecosystem is consistently in a good development state.

Therefore, from a medium to long-term perspective, the consensus on Ethereum is still worth looking forward to in terms of its price increase.

May 20 Market Analysis: Looking back at yesterday's market, it surged and then pulled back to around 102000, oscillating throughout the day to form a small double bottom before rising again at night. It did not break through the 107100 high again and started to pull back around 106800.

Returning to today’s market, we see that the daily line closed with bulls, but the night counterattack still ended with a bearish candle. From the perspective of volume, the high-volume bearish candle is a very dangerous signal. Additionally, the MACD is showing a top divergence on the daily line, indicating a risk of downward correction.

On the four-hour level, it is still in a wide oscillation range. Besides the pressure at 107000, the historical high is 110000. Everyone is currently focusing on and expecting a breakthrough of the historical high of 110000. Whether it can break through depends on the market consensus. Most people have built long positions at the recent lows, and the main force cannot just push the price up to give money away. Therefore, the first scenario is that there are particularly many shorts, which serve as fuel for the bulls to take off. Alternatively, the second scenario is the consensus in the spot market, where more retail investors remain optimistic and increase their positions. Otherwise, Long Ge believes that this four-hour oscillation will continue, leading to increased turnover at this position.

The one-hour level has already seen three rebounds from double bottoms, with each low elevated. Each rebound high is near the Fibonacci level of 0.786. Whether today's rebound high can match the previous rebounds depends on the oscillation pattern between the previously opened high of 107100 and the low of 102000. Long Ge believes that the market is very unlikely to touch the 107100 high again, or the rebound will be flat with this point, followed by a back-and-forth triangular convergence to choose a direction. The reason is that the current market voices are overly eager for a breakthrough at 110000, making short-term bearish thoughts unavoidable for Long Ge's attention. $BTC #BTC挑战11万大关

Thus, the strategy for this week is to wait for high-level short positions.
Upper pressure: 107000-110000
Lower support: 105500-104000

The overall market is in a pullback, only $ena is still holding up! A strong stock is a strong stock, but it is still necessary to pay attention to one point: the one-hour level is choosing a breakout. If it cannot break through smoothly, it will be suppressed by the four-hour level. Personally, I am still holding on, as I am optimistic about its performance this round.

May 12 Market Analysis
Looking back at last week's market, Long Ge also reviewed and summarized it. From the weekly chart, this wave of increase did not deceive, as the volume of the rebound candlestick at the bottom and the formation of the MACD golden cross above the axis are evident. The indicators that previously deceived have all held true this time, and the consecutive five bullish weekly candles have been enough to take down the bears.

Returning to today’s market, last week's weekly candle is still a strong bullish bar. Since it has chosen to stabilize above 100,000, the mindset needs to shift. There might be even greater movements on the way, and this week’s closing can only be a continuation of bullish candles or a doji.

On the daily chart, the market adjusted at a high level over the weekend. The 5-day moving average has been supporting a healthy rise. However, we saw a bearish candlestick with a two-in-one appearance in terms of volume. Here, we need to pay attention to whether there will be a shift at this level that requires a pullback, because in the previous two instances of shifting range, the bullish volume was significantly sufficient, while the fluctuations observed over the last three days are somewhat different.

On the four-hour chart, we have just reached the end phase of the Bollinger Bands' contraction. After the contraction completes, a new range of fluctuations needs to be identified. We still need to be wary of the short-term MACD pullback risk to avoid being trapped by chasing highs.

On the hourly chart for the day, there is an upward trend in fluctuations. Whether this trend can continue to break upwards depends on whether there will be pressure on the four-hour chart. For now, both the fifteen-minute and one-hour charts are in an upward fluctuation. From a smaller timeframe perspective, the first consideration is whether the Vegas channel on the fifteen-minute chart can hold. From the four-hour view, it’s about whether it will suppress the breakout of the smaller timeframe. If the four-hour Bollinger Bands contract and fluctuate towards the lower band, the smaller timeframe will be suppressed. $BTC #山寨季何时到来

Upper resistance: 106000-110000
Lower support: 103000-101750

May 5 Market Analysis
Today marks the first day of the new month of resumption, as well as the beginning of a new week. Let's first review the market trend from last week, which saw a breakthrough high point surpassing the Fibonacci's 0.618 key resistance. However, the good times didn't last long, and then yesterday's pullback brought us back to the 94k-95k range, with the weekly closing forming an upper shadow, indicating that the market doesn't have such strong momentum.

Looking at today's daily chart, yesterday's solid bearish candle saw a bottoming out around 93500 this morning. For the market to move upward again, today's candlestick needs to close as a full or even engulfing bullish candle. The MACD has just reached a death cross at a high position, and the candlestick has not returned to the middle band of the Bollinger Bands for support, indicating that the market has not yet corrected adequately, and we should continue to observe.

Examining the four-hour chart, the market first dropped to trigger a TD9, reaching the lower boundary of a high-level consolidation box, which naturally calls for a small rebound. For a sustained upward movement, it needs to break through 95500 and quickly stabilize; otherwise, the rebound will lead to further declines. The MACD has started to cross below the zero line, marking the first touch of the zero line in this round of rebound, so the bullish bottom-fishing actions must be cautious. $BTC #加密市场回调

On the intraday small scale, the fifteen-minute chart shows an oversold rebound, but it is just a rebound without a breakout. The indicators on the small scale are mostly in a weak zone, so it is believed that the strategy of placing short positions with stop-loss on breakouts is superior to bottom fishing.
Upper pressure: 95200-95600
Lower support: 92800-92200