币粉研究院

Waiting for Erbing to stop falling, accurately taking profits on low longs👌Continuously floating in profits

At 3-4 AM on Monday, two ancient giant whales suddenly began to sell off, with a total of nearly 20,000 BTC sold so far, worth $2.22 billion, instantly matching the total sell-off over the past three weeks of the ETF.

After completing the sell-off of Bitcoin, they started to build a position in a $642 million perpetual contract for Ethereum.

During the early morning, both Bitcoin and Ethereum began to decline at the same time, but Bitcoin fell more significantly with a weaker rebound. For now, let's maintain a bearish outlook on Monday for $BTC
$ETH .

The previous article has explained it very clearly, dovish speeches just mean going long 😂 After eating 100 points from the short position for risk aversion during the day.

In the evening, live broadcast of Old Powell's dovish speech, directly going long at the current price to eat 400 points from the second pancake and 3000 points from the big pancake 🚀🚀🚀$BTC
$ETH

The idea of the pancake was mentioned yesterday, and the short-term level has been perfectly verified. The main focus is on the major speech from old Powell tonight; hawkish means short, dovish means long, the principle is simple.

Last year, everyone should remember the wave of buying we did when we broke the 70,000 pressure level. Similarly, at the global central bank annual meeting in August last year, Powell stated: it's time to cut interest rates, a single statement ignited the global market. In September, the rate cut occurred as expected, with a direct cut of 50 basis points, and the bull market exploded, continuing to this day.

In the same way, at the 2022 global central bank annual meeting, Powell stated: inflation is severe, it’s time to raise interest rates! Subsequently, the expected rate hike maintained a two-year bear market in crypto. Tonight we will see if he has any clear statements; the speaking time is at 22:00 tonight.

Currently, the market expects a hawkish perspective from him to dominate, but based on his past actions, I personally believe he will still choose to maintain a balanced approach and not clearly disclose whether there will be a rate cut in September or his views. He will only respond that everything depends on the data, leaving the market in suspense. As long as there is suspense, we can treat it as a small dovish positive, and the market will warm up.

Let’s focus on the second pancake. From a 4-hour perspective, the second pancake has already formed a very perfect head and shoulders bottom pattern. The bottom around 4366 needs our attention, as it is also the support-resistance conversion zone from the previous month. It is currently slowly moving towards the right shoulder's bottom. If it stabilizes and breaks through, we can directly pursue long positions for new highs. If it faces pressure, it will pull back to the daily MA30 at 4015 to seek support again. We also need to pay attention to whether old Powell's speech is hawkish or dovish. I will also watch the live broadcast tonight for interpretation and analysis of personal strategies and simultaneous translation! #杰克逊霍尔会议

Double profit! Yesterday's public strategy was perfectly validated, and after reaching the lower support of 120,000 again in the evening, it began to rebound, currently showing a floating profit of over 1,500 points!

Last night, the custom strategy for the second contract made a profit of 100 points on a high position! The internal division within the Federal Reserve is currently very significant; either they are extremely opposed to interest rate cuts, or they are completely in favor of them. Therefore, tonight's final speech from old Powell is very important! $BTC

The past one and a half months after the new high have been experiencing a volatile decline. Currently, the 4-hour level has shown a downward channel structure. Bitcoin rebounded weakly after a second retest near 112,000 last night, but it is still a weak rebound. In the morning, after rebounding to the EMA52 of the daily K, it started to decline with increased volume again. However, the fact that Bitcoin can stop falling at 112,000 indicates that the market has reached a preliminary consensus in the short term. The turnover rate is decreasing, and the strength of the two rebounds is weak, which is simply because the market is in a wait-and-see state. More investors are waiting for Powell's speech at the central bank's annual meeting and are hesitant to take action. It can be seen that Bitcoin and Ethereum's spot ETFs have seen a net outflow for four consecutive trading days, with investors withdrawing a total of 1.9 billion dollars. Various signs indicate that the market's institutional main traders are feeling tense before Powell's speech, with risk aversion sentiment at a peak.

The Federal Reserve's last meeting minutes released yesterday early morning were generally balanced, with no significant bearish or bullish signals, and this meeting has a lagging effect, so we don't need to worry about it for now. The focus is on Powell's speech at 10 PM tomorrow night at the global central bank annual meeting. It is well known that his words and actions will cause significant fluctuations in the market.

From the liquidity heat map, after four days of risk aversion outflow, the overall market lacks liquidity, with both the upper and lower areas being empty. Only retail investors are engaged in leveraged speculation. Before Powell's speech, we can still position for low longs near 112,000 during the day. I will also provide an immediate interpretation and response strategy after the news is released. #杰克逊霍尔会议

Real-time monitoring! The current price of the evening pancake has gained over 1000 points for longs, and the second pancake has gained over 100 points 😍 There are many news updates in the early morning, take profit and exit to rest #美联储7月会议纪要

The 13th Perfect Prediction is about to reach a new high! Then it will start to look bearish all the way! 🚀🚀🚀 The overall direction is perfectly validated, bears are aggressively taking $BTC

This week's opening red 🎉🎉🎉 good things come in pairs! Evening pancake current price shorts hit the second target! Evening second pancake high short needle once again profits!

A preview and summary of the week's news.
Saturday: The presidents of the U.S. and Russia meet in Alaska to begin negotiations, stating that they have not reached an agreement on 'possibly the most important aspects, but there is a strong possibility of reaching an agreement,' and expressed satisfaction with the meeting, giving it a score of 10.
Sunday: The wise king stated that all parties believe that Russia and Ukraine will directly reach a peace agreement to completely end the war, rather than a ceasefire agreement.
Monday: Tomorrow, the President of Ukraine will begin negotiations with the wise king in Washington, along with other European leaders (focus on follow-up).
Tuesday: The bilateral meeting between the wise king, Zelensky, and other European leaders officially begins.
Wednesday: Federal Reserve Governor Waller speaks at a blockchain seminar in Wyoming.
Thursday: 1. Unemployment claims data 2. The Federal Reserve releases minutes from the monetary policy meeting 3. Global central bank annual meeting (continuing until Saturday).
Friday: Old Powell speaks at the global central bank annual meeting (focus on this).
Saturday: Global central bank annual meeting.

PPI is at its highest level in three years! 😂 The young labor force is sharply declining, and elderly savings are consuming demand, leading to increased labor costs and rising prices. It seems even the Americans can't escape 😂 The great waterfall is coming!