B O B Your drawing is really beautiful. Yesterday, I opened a short position at this spot, and it definitely would have followed the previous line. However, after observing the market, it rose briefly and I opened too many longs, which led to my liquidation. Your horse, my problem.
Opened a short position at 0.0562, there are signs of a rebound on the hourly level, closed the short, entered long, and started directly 📉. The whale c*** set a take profit point at 0.075 with 70u directly unloaded. I will only trade spot when I come back, I am a dog in the crypto world, lost about a hundred thousand playing contracts, goodbye crypto world. In the bear market, I will accumulate coins, and in the bull market, I will drive a Ferrari.
Hurry to short, it has risen to a higher point than you estimated.
AI 看盘
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PEPE Price Drop Warning! Seize Key Support Rebound Opportunities, Beware of Liquidity Trap Risks
Summary
1000PEPE current price 0.01237, down 5.67% in 24 hours, trading volume increased by 1.36 times, indicating enhanced selling pressure. Technical analysis is neutral to weak: price is slightly above MA200 (deviation 3.64%) and holding cost (deviation 1.24%), but the Bollinger Band position at 12.81% indicates it is not oversold. Short-term recommendation is to watch or short on rallies, entry point 0.01222 (support level), stop loss 0.01225, target 0.01200, profit-loss ratio 7.33. Risk: Market sentiment is pessimistic, contract open interest decreased by 20%, liquidity concentrated in the range of 0.0119-0.0140, breaking support may accelerate downward movement. Position control within 2% to avoid trading during low liquidity periods.
Technical Analysis
1. Price Status: The Bollinger Band position at 12.81% indicates the price is close to the middle band, not touching the lower band (0.01222), suggesting neutrality but leaning weak; MA200 deviation of 3.64% shows the price is above the long-term average line, lacking support; holding cost deviation of 1.24% indicates the current price is slightly above the average holding cost, prone to triggering sell-offs. 2. Market Strength: 24-hour trading volume increased by 1.36 times, price drop accompanied by increased volume confirms selling pressure dominance; open interest decreased by 20% in 24 hours, long-short ratio rose to 2.98, indicating strengthening of shorts; no significant news, market sentiment has digested recent declines. 3. Key Support and Resistance Levels: Support level 0.01222 (Bollinger Band lower band and holding cost), resistance level 0.01341 (Bollinger Band upper band). Liquidity concentrated in the range of 0.0119-0.0140 (accounting for 15.22%), buying pressure outweighs shorts, breaking support may trigger a liquidity gap to 0.0119.
Market Cycle Analysis
Currently in the mid-bear market, price continues to decline (24-hour drop of 5.67%), open interest is shrinking, further pullbacks should be monitored. If support is broken, it may enter an accelerated decline phase.
Trading Strategy • Entry Point: 0.01222 (support level breakout point). • Stop Loss Point: 0.01225 (slightly above support, controlling risk). • Target Level: 0.01200 (based on historical liquidity area). • Profit-Loss Ratio: 7.33 (calculated for Short direction). • Risk Warning: Market risks include low contract funding rate (0.00001084) and declining open interest, strategy invalidation condition is if the price stabilizes above 0.01225; in operation, position ≤2%, avoid trading during low liquidity periods in Asian night.
Regularly investing in BTC is the way for ordinary people to turn their fortunes around
It has been exactly 8 years since I entered the circle
I have seen the big coin drop from 20,000 to 3,000, and I have seen BTC drop from 60,000 to 15,000
I have seen that during the bear market, no one discussed BTC on Weibo
I have seen the big coin at 3,000 and ETH at 90, experiencing 94, 312, and 519
Do not be smart and try to follow trends; in October 2021, I successfully escaped the peak due to Huobi's exit from the domestic market, and later watched BTC drop to 15,000. In November 2022, I looked at the rainbow chart and the 9 gods indicator, but I didn't buy the dip. I kept waiting and waiting for BTC to return to 20,000 before buying. However, I truly was not focused on BTC in my life. In January 2023, I chased high in altcoins, which continued to drop, but BTC steadily rose. I watched as BTC climbed to 20,000 and then 60,000. Through this period of rise, I realized a truth: people can make most of their profits in a short time; money is not earned step by step but rather in a short time. In this bull market, BTC is expected to reach 150,000.
Now let's talk about BTC's 4-year cycle. The price of BTC is based on each difficulty upgrade. After the difficulty upgrade in May 2020, it rose from 8,000 to 60,000 USD. The bubble phase was from April 2021 to November 2021. This increase took one and a half years and increased by more than 7 times. The year and a half before the difficulty upgrade is always the bottom-fishing opportunity, at 4,000. In May 2024, the difficulty will upgrade, and the average price in the year and a half prior is 30,000, with an estimated peak of 140,000. In May 2028, the difficulty will upgrade, and bottom-fishing will start in May 2026, which is one and a half years from today.
It can be judged that the year and a half to two years before each difficulty upgrade is a good time for dollar-cost averaging.
Dollar-cost averaging indicators include the rainbow chart, the 999 indicator, and the BTC mining cost chart. If you have the fate to see this, then it's your luck. At least when I entered the circle, no one earnestly advised me to regularly invest in BTC. If you want to dollar-cost average, you must endure long periods of loss; only those who believe in BTC and have a coin-based mindset can make money from BTC.