比特魔

Currently, ETH has two gaps on CME, one is from $2,566 to $2,623, and the other is from $2,656 to $3,237. The other gaps have all been filled. However, it should be noted that while I calculated based on the filled gaps, there is indeed an $8 gap at $1,733 to $1,741.

$XRP Ripple did not rise this time, it will increase later. I went long yesterday, as shown in the picture, the structure of Ripple is very perfect, continue to hold long positions.

Bitcoin is in a wave B consolidation, and a small pullback could make countless retail investors want to short at the top
Yesterday, the liquidation map for short positions was almost completely washed out
Today it's full again, and there are even more people shorting than going long
Bit Magic reminds you that you still cannot short
It's just a consolidation for now, and another wave of increase has not come yet ​​​

The last time Ethereum had a daily increase of over 24% was in January 2021, and then the altcoin season came. Yesterday, Ethereum also had an increase of over 24%. Can it happen this time?

The risk of chasing highs increased yesterday with $ETH reminding everyone, and then it dropped nearly two hundred points, but after consolidating, there is still another wave of increase.

$BTC is currently in a B-wave consolidation, which may involve a few days of fluctuations, followed by another wave of increase, with a target that may exceed 110,000.

Bitcoin is currently in a B-wave consolidation. If we follow the past month's trend, it may fluctuate for several days. The fluctuations this month have not been significant, but the best trading strategy remains to buy on dips. Above 100,000 is an opportunity to buy long positions, with a target that may break 110,000.

The recent surge of Ethereum was both expected and unexpected.
Because of the Prague upgrade, I have been hoping for Ethereum to catch up since last month, but I didn't anticipate such a significant increase.
Now there is news that Ethereum has transitioned to a cooperative model, if this is true, it is even more exciting.
The last time Ethereum rose over 20% in a single day was on January 3, 2021.
This time it increased by 24% in one day.
This is also the starting point for the last altcoin season.
Yesterday's large bullish candle may have caused a monthly reversal in the exchange rate.
However, from the perspective of coins like ETH, PEPE, NEIRO, PNUT, MOODENG, etc.,
I really can't believe that the altcoin season could come at this time.
There is hope for the continuation of the altcoin market.

Can Bitcoin be shorted? Currently in wave A, wave A is much stronger than expected. Although there will be a wave B pullback after wave A, based on the currently strong market, it is not recommended to short wave B. Instead, one should look for coins that haven't increased sufficiently for a rebound; therefore, the current strategy remains to look for opportunities to go long on pullbacks.

美国各州BTC储备法案进展图

5月7日，新罕布什尔州成为全美第一个通过“州级BTC储备法案州”

新罕布什尔州会买多少BTC？
政府用5%的公共资金（约1.8亿美元）买BTC，购买力有限，象征意义巨大，其他州估计要卷起来了

德州BTC储备法案进入最终投票阶段，德州拥有北美最大的单一比特币挖矿中心，想用BTC吸引企业和投资，计划用2.5亿美元买比特币，最终目标囤5000亿（野心还挺大）

BTC越来越畅销，现在不找时机入手，以后更难上车了

If there is a strong exhaustion phenomenon after a few hours of fluctuation here, we can prepare to clear long positions and start opening short positions.

Second Entry Long Position
Bitcoin is bound to break 100,000 this time
Yesterday I reminded everyone to switch from short to long, mainly due to news affecting the structure
Today the main support area is between 95,000-96,000, if there is a pullback, you can enter long again

不能再开空了，不知道什么因素的影响，结构出现了变化，原先预测的88000回弹结构可能提前来了，96200到96500附近开多了，止损94500

Precise high-level short position, continue to look at 90,000
Yesterday's order at 96,500 also got in
Stop-loss position has been adjusted down to ensure profit
Today there's no time for a live broadcast, if there is a pullback above 96,000, you can add to your position

Yesterday was another day of complete victory, accurately judging that the market started to pull back. Opened a short position at around 97700, stop loss moved down to 97500. If it rebounds to around 96800, increase the short position by one layer. Those without a short position can also open around this level.

As the analysis of 74578 to 97865 suggests, the first segment of the rebound is likely over; we are now entering an adjustment period, with the first target for consolidation around 90,000 and the second target around 86; the oscillating market will be approached in segments, and it is expected to take profit on short positions around 90,000 before preparing for the next trade; it is estimated that the oscillation will last for more than 7 days.
For those who did not open short positions last night, the current price is 96,600. Open a short position with 2% margin and prepare to add to the position if there is a pullback.

Currently, the small level is still in a consolidation structure, and there may be a new high point in the evening. Again, I emphasize that there should be no short positions for now.

This rise has met expectations, between 97000-98000, but last night Bitcoin was performing strongly on its own, very powerful. It is now uncertain how high it will rise, but a rise of 11000 points within wave 5 is normal. If we are currently in wave 5 of 5-1, then a small 5-wave structure may follow. We need to observe further; we cannot rush to position short orders.

多单继续持有，止损93000，如果再次打到止损，则转空，没有打到仍然执行布局第5浪思路，保守点就是95400开多，我们昨晚平仓止盈多单的，93000又挂单上车多单了，虽然震荡8天了，但是我们吃了好几次肉了

The Bitcoin re-test of the lower triangle support, according to plan, buy in batches around 93 (red circle at the bottom of the image); continue holding the long position opened at 92800 without taking profit, conservative partners can place breakout orders, if it breaks above the red area in the upper part of the image at 95400, buy long; each has its own advantages and disadvantages, decide for yourself; the direction hasn't changed, it's just a matter of timing for entry.