Purely for communication purposes, please do not take it too seriously! When it comes to Ethereum, we are not talking about bottom fishing. Looking at the weekly K-line level, we cannot rule out the possibility of forming an M shape like this. The upper level is a double top at 4100, and the lower level is a double bottom at 1500! What does everyone think, is it possible for it to move like this?
币安王牌KOL专属(Crypto钟良)聊天室 Click the link to enter, everyone can give it a try! No need for a VPN, you can click the link directly to enter; you need to turn off the VPN to click the link directly!
Bitcoin is experiencing fluctuations and corrections, with many retail investors chasing highs and cutting losses, making them vulnerable! Looking at the daily chart, although Saturday and the weekend closed with two bearish candles, there is a doji and an inverted hammer; how much bearish energy can there really be? Looking back, there were seven consecutive bullish candles before that. The bearish closes over the weekend are just a consolidation for the bulls, a pullback, or perhaps a trap for the shorts!
Bitcoin is still strongly bullish, with a main strategy of buying on dips. The upper resistance could break at any moment, so remember that shorting at high levels should be short-term, with proper stop losses. Currently, the resistance is around 95,500 and 96,000, while support is at 94,000, 93,000, and 92,500. The main strategy is to buy on dips, and at 93,000 and 92,500, you can buy low, with additional purchases at 91,500. As long as it doesn't effectively drop below 90,000, the bullish outlook remains unchanged. For those who are aggressive and don't mind being momentarily trapped, managing positions near 94,000 and directly entering a long position is also acceptable; a pullback is just an opportunity to add more!
Ethereum is currently fluctuating around a price of 1,800, with resistance at 1,830 and 1,860, and support at 1,770, 1,750, and 1,720. The main strategy is to buy on dips; as long as it doesn’t break below 1,700, the bullish outlook remains unchanged. A pullback to 1,750 and 1,720 provides opportunities to buy low. Aggressive traders who manage their positions and don’t mind temporary floating losses can also look to enter around 1,770 directly, and add more if it goes lower.
How the market will move is actually unpredictable. Whether the support will hold during upward movements depends on whether the small support withstands the pullback or if the larger support kicks in for upward momentum; this is unpredictable! It’s not that mastering candlesticks guarantees profits; in the face of news, all candlesticks and technicals are meaningless! Candlestick analysis is merely a reference for entry points—support and resistance levels—to attempt to buy low or short high, which will be slightly more successful than randomly entering without considering any levels. It's 30% technique, 70% mindset, position control, setting stop losses, and techniques for moving and gradually taking profits—these are all key to profitability and none can be omitted! The above is just my personal immature opinion for reference; everyone must have their own rational judgment!
Last night, I went long on Bitcoin at over 93,200, and without a doubt, it was profitable again! This morning, it rebounded to a high of 95,400, making a gain of 2,000 points! For Ethereum, I went long at over 1,740, and this morning it rebounded to a high of 1,810, easily securing 50 points! Quite nice, right? It's been a continuous low buy, low buy, low buy! Of course, if you're good at short-term trading, going short around 85,500 for Bitcoin can also be profitable; who knows, it might be a double win! The number of fans is increasing, but the likes are decreasing, so many times there really isn't much motivation to update. Plus, I've been quite busy, so updates have become more laid-back...#加密市场反弹 $BTC
Crypto钟良
--
Bullish
Midnight BTC/ETH Strategy:
Bitcoin has experienced significant ups and downs, with a midday low pullback to the 92700 level, followed by a rebound to 95500 before starting to retrace again. Currently, the price is fluctuating around 93500. If you short around 93000 or chased the rally near 95000 today, it might be a bit uncomfortable; I believe many people have likely chased the ups and downs at these two levels...
At midnight, we maintain a low long strategy, with Bitcoin support at 92500, 91500, and 90500. As long as it doesn't break 90000, the bullish outlook remains unchanged, with targets at 93500, 94500, and 95500. There are opportunities for both high shorts and low longs; participate around 95500 for high shorts and set up around 92500 for low longs.
For Ethereum, the support levels to watch are 1740, 1720, and 1700. As long as it doesn't drop below 1700, the bullish outlook remains unchanged, with targets at 1780, 1820, and 1860. For short positions, participate around 1840 and 1860, and for low longs, participate around 1740 and 1720.
In terms of short-term operations, there are opportunities for both long and short; it all depends on how to participate. Don't chase if it doesn't break, and strictly manage stop losses. #Strategy增持比特币 $BTC
Bitcoin has experienced significant ups and downs, with a midday low pullback to the 92700 level, followed by a rebound to 95500 before starting to retrace again. Currently, the price is fluctuating around 93500. If you short around 93000 or chased the rally near 95000 today, it might be a bit uncomfortable; I believe many people have likely chased the ups and downs at these two levels...
At midnight, we maintain a low long strategy, with Bitcoin support at 92500, 91500, and 90500. As long as it doesn't break 90000, the bullish outlook remains unchanged, with targets at 93500, 94500, and 95500. There are opportunities for both high shorts and low longs; participate around 95500 for high shorts and set up around 92500 for low longs.
For Ethereum, the support levels to watch are 1740, 1720, and 1700. As long as it doesn't drop below 1700, the bullish outlook remains unchanged, with targets at 1780, 1820, and 1860. For short positions, participate around 1840 and 1860, and for low longs, participate around 1740 and 1720.
In terms of short-term operations, there are opportunities for both long and short; it all depends on how to participate. Don't chase if it doesn't break, and strictly manage stop losses. #Strategy增持比特币 $BTC
Crypto钟良
--
Bullish
4.28 BTC/ETH Market Guide:
Good morning, Bitcoin experienced a pullback this morning, dipping to around 92700. On Friday, it rebounded to a high of around 95700. So for those who are looking to short, it’s undoubtedly profitable to short near 94500 and 95500. Of course, here at Zhongliang, the choice is to go long at lower prices. The low long position from early Saturday reminded about reducing positions for the weekend; after reducing positions, adjusting to a breakeven stop-loss allows for a worry-free weekend.
The weekly Bitcoin chart has achieved three consecutive bullish candles, with the price standing above the middle band of the Bollinger Bands, and the MACD bearish momentum continuously diminishing. The KDJ has a golden cross upward. Although the RSI shows signs of a potential turn at high levels, the impact is minimal, and it is advisable not to chase long positions at high levels. Allow for pullbacks and focus on going long at lower prices. The daily chart shows that Saturday and the weekend closed with bearish candles; after a previous seven consecutive bullish candles, it is normal to see some pullback. Saturday closed with a doji, and the weekend closed with an inverted hammer, indicating a continuation of the upward trend—pullbacks are opportunities to buy.
For Bitcoin, resistance is at 94500 and 95500; if it rebounds here without breaking through, shorting can be considered with a small stop-loss. Support is at 92500 and 91500; as long as it doesn’t break below 90000, the outlook remains bullish, primarily focusing on going long, with targets at 93500, 94500, and 95500.
For Ethereum, support to watch is at 1750, 1720, and 1690; low long positions can be set around here waiting for a move, with targets at 1790, 1840, and 1880.
Last week, Bitcoin surged high, and this week there is a need for a pullback, so shorting at high levels or following the breakdown of support to short is possible. For those bullish, setting low long positions at support levels is also an option. Until the support levels are broken, no one can know if they will hold. What can be done is to set proper stop-losses, manage positions well, and let time validate your thoughts—it’s not complicated! #MichaelSaylor暗示增持BTC $BTC
Good morning, Bitcoin experienced a pullback this morning, dipping to around 92700. On Friday, it rebounded to a high of around 95700. So for those who are looking to short, it’s undoubtedly profitable to short near 94500 and 95500. Of course, here at Zhongliang, the choice is to go long at lower prices. The low long position from early Saturday reminded about reducing positions for the weekend; after reducing positions, adjusting to a breakeven stop-loss allows for a worry-free weekend.
The weekly Bitcoin chart has achieved three consecutive bullish candles, with the price standing above the middle band of the Bollinger Bands, and the MACD bearish momentum continuously diminishing. The KDJ has a golden cross upward. Although the RSI shows signs of a potential turn at high levels, the impact is minimal, and it is advisable not to chase long positions at high levels. Allow for pullbacks and focus on going long at lower prices. The daily chart shows that Saturday and the weekend closed with bearish candles; after a previous seven consecutive bullish candles, it is normal to see some pullback. Saturday closed with a doji, and the weekend closed with an inverted hammer, indicating a continuation of the upward trend—pullbacks are opportunities to buy.
For Bitcoin, resistance is at 94500 and 95500; if it rebounds here without breaking through, shorting can be considered with a small stop-loss. Support is at 92500 and 91500; as long as it doesn’t break below 90000, the outlook remains bullish, primarily focusing on going long, with targets at 93500, 94500, and 95500.
For Ethereum, support to watch is at 1750, 1720, and 1690; low long positions can be set around here waiting for a move, with targets at 1790, 1840, and 1880.
Last week, Bitcoin surged high, and this week there is a need for a pullback, so shorting at high levels or following the breakdown of support to short is possible. For those bullish, setting low long positions at support levels is also an option. Until the support levels are broken, no one can know if they will hold. What can be done is to set proper stop-losses, manage positions well, and let time validate your thoughts—it’s not complicated! #MichaelSaylor暗示增持BTC $BTC
Long positions are making profits. Although I didn't watch the market over the weekend, I did provide everyone with a low long entry on early Saturday morning, reminding everyone not to guess the top and not to fear heights; the pullback is still a long opportunity. Did everyone understand and follow along? Did everyone make profits?
Bitcoin allowed for a pullback to 94150 to enter long, and a wave of rise just hit 95280. Isn't this a solid profit opportunity?
Ethereum allowed for a pullback to 1770 to enter long. Did anyone hop on? The highest rebound hit 1857. Previously, Bitcoin had long positions at 92700, and Ethereum at 1730, which are still held!
Both Saturday and Sunday were rest days, so if you followed the long position strategy, remember to reduce your positions in batches. With just these likes and traffic every day, it really isn't necessary to update or share anything over the weekend…#币安Alpha积分 $BTC
Crypto钟良
--
Midnight BTC/ETH Perspective: Don't Guess the Top, Don't Fear the High, Pullbacks Are Still Bullish!
Although many trapped shorts in the market hope for a crash to break even or wait for lower prices to go long, in such a strong bullish market, there aren't many pullbacks to be had. It either won't pull back, or it will crash; once a trend is established, don't chase the highs or lows, don't be a fence-sitter, but rather hold a positive outlook in one direction, relying on support to gradually look bullish! Currently, Bitcoin is at 92,700 for long positions, and Ethereum is at 1,730 for long positions, still held in hand!
Personally, I still tend to go long. The upper Bollinger Band on the daily Bitcoin chart is opening upward, with prices rising along the upper band. The MACD is continuously expanding in a bullish manner, the KDJ has a golden cross going upward, and the RSI is still turning upward at a high level. Although the upper band on the 4-hour level is being pressured downward, the middle and lower bands are both opening upward, steadily rising. Midnight still primarily favors long positions!
For Bitcoin, support below is at 94,150, 93,250, and 92,500; long entries can be positioned around these levels, targeting 95,500, 96,500, and 97,500.
For Ethereum, support below is at 1,770, 1,750, and 1,720; long entries can focus on these levels, targeting 1,820, 1,850, and 1,880.
The above is just a personal opinion, not necessarily correct, for reference only! I share this publicly every day, hoping that true fans can give likes each day, letting Zhong Liang know that the daily shares are meaningful, that someone is watching, and that it’s not just an unreciprocated daily update...
Midnight BTC/ETH Perspective: Don't Guess the Top, Don't Fear the High, Pullbacks Are Still Bullish!
Although many trapped shorts in the market hope for a crash to break even or wait for lower prices to go long, in such a strong bullish market, there aren't many pullbacks to be had. It either won't pull back, or it will crash; once a trend is established, don't chase the highs or lows, don't be a fence-sitter, but rather hold a positive outlook in one direction, relying on support to gradually look bullish! Currently, Bitcoin is at 92,700 for long positions, and Ethereum is at 1,730 for long positions, still held in hand!
Personally, I still tend to go long. The upper Bollinger Band on the daily Bitcoin chart is opening upward, with prices rising along the upper band. The MACD is continuously expanding in a bullish manner, the KDJ has a golden cross going upward, and the RSI is still turning upward at a high level. Although the upper band on the 4-hour level is being pressured downward, the middle and lower bands are both opening upward, steadily rising. Midnight still primarily favors long positions!
For Bitcoin, support below is at 94,150, 93,250, and 92,500; long entries can be positioned around these levels, targeting 95,500, 96,500, and 97,500.
For Ethereum, support below is at 1,770, 1,750, and 1,720; long entries can focus on these levels, targeting 1,820, 1,850, and 1,880.
The above is just a personal opinion, not necessarily correct, for reference only! I share this publicly every day, hoping that true fans can give likes each day, letting Zhong Liang know that the daily shares are meaningful, that someone is watching, and that it’s not just an unreciprocated daily update...
Crypto钟良
--
Bullish
The target for Bitcoin long positions has reached 95,500, perfectly hitting the target. Everyone has benefited, right? Ethereum is currently at 1,800, with long positions looking at 1,820 to 1,860, and it can continue to rise! As for short positions, there are currently no signs of pressure, so it's not wise to guess the peak. Just because it has risen doesn't mean you have to short it, and just because long positions have exited doesn't mean you should rush to short. The market does not only go up without falling; that's a valid point. However, if you short too early, you may face being trapped. If you don't mind and can manage your position, then feel free!
The target for Bitcoin long positions has reached 95,500, perfectly hitting the target. Everyone has benefited, right? Ethereum is currently at 1,800, with long positions looking at 1,820 to 1,860, and it can continue to rise! As for short positions, there are currently no signs of pressure, so it's not wise to guess the peak. Just because it has risen doesn't mean you have to short it, and just because long positions have exited doesn't mean you should rush to short. The market does not only go up without falling; that's a valid point. However, if you short too early, you may face being trapped. If you don't mind and can manage your position, then feel free!
Crypto钟良
--
Bullish
The bullish mindset has not changed in these past few days. It is said that once a trend is formed, it will not easily reverse all of a sudden! We have been guiding everyone to hold a bullish stance, asking if everyone is still holding their long positions? Bitcoin was recommended to buy at 92700 and 92200, Ethereum at 1750 and 1730, and currently, we are still holding and looking upwards without change. Bitcoin can look towards 95000 and 95500 today, while Ethereum can target 1820 and 1860. Short positions are not being considered for now. The US stock market has opened, and we will reassess after the market surges again! #币安HODLer空投SIGN $BTC
It seems that everyone is shorting. On April 25, Glassnode published that as the price of Bitcoin rebounds, the market leverage is increasing, which raises the possibility of heightened volatility due to liquidations and stop losses. Although open contract positions have risen, the average funding rate has dropped to -0.023%, indicating a market bias towards short positions. Bitcoin traders appear to be shorting this round of upward movement, and if bullish momentum continues, it could trigger a short squeeze.
The 7-day moving average of the long funding rate premium has decreased and continues to trend lower. This indicates a reduced demand for Bitcoin long exposure in the market, further reinforcing the view that current perpetual contract positions are predominantly short.
Is the short selling crowd unable to hold back again? Bitcoin has double topped at 95,000 here. Will it form an M shape downwards on the 4-hour level? Zhongliang feels that shorts can wait a bit longer, after all, this double top at 95,000 is quite obvious, and there are too many shorts at this level. Could it rally a bit first and then drop? The main concern is that at 1 AM there is an SEC cryptocurrency roundtable meeting, which adds uncertainty, so those with short positions want to wait a bit longer, mainly fearing that entering too early might lead to being trapped. #币安HODLer空投SIGN
The bullish mindset has not changed in these past few days. It is said that once a trend is formed, it will not easily reverse all of a sudden! We have been guiding everyone to hold a bullish stance, asking if everyone is still holding their long positions? Bitcoin was recommended to buy at 92700 and 92200, Ethereum at 1750 and 1730, and currently, we are still holding and looking upwards without change. Bitcoin can look towards 95000 and 95500 today, while Ethereum can target 1820 and 1860. Short positions are not being considered for now. The US stock market has opened, and we will reassess after the market surges again! #币安HODLer空投SIGN $BTC
Crypto钟良
--
The long positions are secure. Bitcoin dipped to a low of 92600 in the early morning before stopping the decline and rebounding. It has now surged to around 94400. Since the recent low has risen too much, the high will definitely need to be broken! Ethereum pulled back to a low of 1745 at midnight, and just rebounded to around 1790. For those holding long positions, consider reducing your position in batches, then set a break-even stop!
Currently, Bitcoin has long positions near 92700, and Ethereum has long positions near 1730, with the targets aiming for 95000 and 1800. If there is an intraday pullback, continue to go long!
4.25BTC/ETH Strategy: Don't mistake a pullback for a reversal; the consolidation is just gathering strength!
Bitcoin stopped falling around 91600 yesterday and rebounded, peaking at 94400 in the morning before pulling back. Currently, it's oscillating around 93000 for correction. There is clear resistance above, and it's not that easy to break through the 95000 area. However, if the pullback below does not break through, then the pullback is just a process of gathering strength, and the continuation looks bullish.
Attention should be paid to the support levels below at 92200, 91500, and 90500. As long as the pullback does not break 90000, it’s just a normal retracement, a correction after a rise, and can also be viewed as a process of gathering strength. Just like driving, if you can't make it up a steep slope in one go, you might need to roll back a bit to get a buffer before pushing forward. The targets above are 93500, 94500, and 95500.
For Ethereum, support below is at 1740, 1720, and 1700. As long as it doesn't break 1700, treat it just as a pullback, with targets above at 1780, 1820, and 1860.
There will always be differing opinions in the market. Shorting has indeed been profitable; if one shorted Bitcoin around 94000, they could have made gains both yesterday and today. In the short term, whether bearish or bullish is quite normal, as long as one avoids chasing highs and lows. Those who can handle short-term trades successfully, whether long or short, are even more impressive. Everyone just needs to use reasonable leverage, appropriate position sizes, and set acceptable stop losses to validate their viewpoints!
The long positions are secure. Bitcoin dipped to a low of 92600 in the early morning before stopping the decline and rebounding. It has now surged to around 94400. Since the recent low has risen too much, the high will definitely need to be broken! Ethereum pulled back to a low of 1745 at midnight, and just rebounded to around 1790. For those holding long positions, consider reducing your position in batches, then set a break-even stop!
Currently, Bitcoin has long positions near 92700, and Ethereum has long positions near 1730, with the targets aiming for 95000 and 1800. If there is an intraday pullback, continue to go long!
Crypto钟良
--
Bullish
I've been eating more meat, are you guys keeping up? Whether it was at midnight when everyone went in at 92200, or at 1770. Or today when I let everyone go in at 92200 and 1750, we're all already in profit!
Recently the traffic hasn't been good, too few likes, so I've gradually lost the desire to share. After all, there are many things to do every day, so just bear with it, a single hand, no matter how hard you try, cannot make a sound…#币安上线INIT $BTC
Good evening, a trend formation is actually not so easy to change. The low long strategy continues at midnight. Bitcoin's hourly chart shows a 7 consecutive bullish candles with a gradual rise, forming a small deep V. Do not chase up or panic sell.
For Bitcoin, the support levels to watch are 92200, 91500, and 90500. The low long strategy still revolves around these levels for participation, with upward targets looking at 93500, 94500, and 95500.
For Ethereum, the support levels to focus on are 1740, 1720, and 1700, with upward targets at 1780, 1820, and 1860.
If you want to participate in high shorts, you can try shorting Bitcoin in the range of 95000 to 95500, with downward targets of 94000, 93000, and 92000.
For Ethereum, you can short at 1840 and 1860 once, with downward targets at 1800, 1770, and 1740. Focus primarily on low longs, with high shorts as a supplement. There's no need to set too much defense for short positions; the main operation should be to go long. #币安上线INIT $BTC
Crypto钟良
--
Bullish
I've been eating more meat, are you guys keeping up? Whether it was at midnight when everyone went in at 92200, or at 1770. Or today when I let everyone go in at 92200 and 1750, we're all already in profit!
Recently the traffic hasn't been good, too few likes, so I've gradually lost the desire to share. After all, there are many things to do every day, so just bear with it, a single hand, no matter how hard you try, cannot make a sound…#币安上线INIT $BTC
I've been eating more meat, are you guys keeping up? Whether it was at midnight when everyone went in at 92200, or at 1770. Or today when I let everyone go in at 92200 and 1750, we're all already in profit!
Recently the traffic hasn't been good, too few likes, so I've gradually lost the desire to share. After all, there are many things to do every day, so just bear with it, a single hand, no matter how hard you try, cannot make a sound…#币安上线INIT $BTC
Crypto钟良
--
Bullish
4.24BTC/ETH Strategy:
Good morning, the midnight strategy square here provided everyone with a low buy bullish outlook. For Bitcoin, the suggestion is to buy on the dip at 92200, and to buy again around 91900 during the midnight dip, which has mostly given buying opportunities. The current price is around 93400, and the long position has a profit of 1200 points. Those who are following can reduce their positions and continue to hold for further gains!
For Ethereum, the suggestion is to buy at 1770, and to buy again at 1761 during the midnight dip. The current price is around 1800, and the long position is also in profit. You can reduce your positions and continue to hold!
Today's strategy remains unchanged, buy on the dip. Although there has been a fluctuation of ten thousand points in the past two days, this does not indicate a fear of heights or a reason to guess the top. The midnight dip tested support effectively and rebounded; we still treat it as bullish! The support below remains valid, and we will gradually enter long positions at the support levels!
For Bitcoin, the support below is at 92200, 91500, and 90500. As long as it does not break the 90000 level, it is just a correction, and we treat it as bullish, targeting 93000, 94000, and 95000.
For Ethereum, the support below is at 1770, 1750, and 1720. As long as it does not break below 1700, we treat it as a correction, targeting 1800, 1830, and 1870.
Good morning, the midnight strategy square here provided everyone with a low buy bullish outlook. For Bitcoin, the suggestion is to buy on the dip at 92200, and to buy again around 91900 during the midnight dip, which has mostly given buying opportunities. The current price is around 93400, and the long position has a profit of 1200 points. Those who are following can reduce their positions and continue to hold for further gains!
For Ethereum, the suggestion is to buy at 1770, and to buy again at 1761 during the midnight dip. The current price is around 1800, and the long position is also in profit. You can reduce your positions and continue to hold!
Today's strategy remains unchanged, buy on the dip. Although there has been a fluctuation of ten thousand points in the past two days, this does not indicate a fear of heights or a reason to guess the top. The midnight dip tested support effectively and rebounded; we still treat it as bullish! The support below remains valid, and we will gradually enter long positions at the support levels!
For Bitcoin, the support below is at 92200, 91500, and 90500. As long as it does not break the 90000 level, it is just a correction, and we treat it as bullish, targeting 93000, 94000, and 95000.
For Ethereum, the support below is at 1770, 1750, and 1720. As long as it does not break below 1700, we treat it as a correction, targeting 1800, 1830, and 1870.
Crypto钟良
--
Bullish
Midnight BTC/ETH Strategy:
Opened a short position during the day but was stopped out early. The market has high volatility, so I am reluctant to hold onto positions and do not wish to average down to break even. I will test with a small position and cut losses promptly!
For the midnight low long strategy, pay attention to the support levels for Bitcoin at 92200, 91500, and 90500. I will be looking to set up long positions around these levels, with targets at 93000, 94000, and 95000.
For Ethereum, the support levels to watch are at 1770, 1750, and 1720, with targets at 1800, 1830, and 1870.
Opened a short position during the day but was stopped out early. The market has high volatility, so I am reluctant to hold onto positions and do not wish to average down to break even. I will test with a small position and cut losses promptly!
For the midnight low long strategy, pay attention to the support levels for Bitcoin at 92200, 91500, and 90500. I will be looking to set up long positions around these levels, with targets at 93000, 94000, and 95000.
For Ethereum, the support levels to watch are at 1770, 1750, and 1720, with targets at 1800, 1830, and 1870.
Everyone is waiting for a callback, those shorting are waiting for a drop to get out, those wanting to go long are waiting for a callback to get in, but the market is like it’s on steroids, soaring all the way up, continuously rising, and blowing out shorts!
In the past hour, shorts lost $21.11 million, in the past 4 hours, shorts lost $50.49 million, in the past 12 hours, shorts lost $370 million, in the past 24 hours, shorts lost $560 million, over 167,000 people were liquidated...
Don't be stubborn, don't guess the top, honestly wait for a pullback, get in when there’s an opportunity, stand by when there isn’t! Otherwise, if you keep trying to catch a pullback, even a small position can hurt, chasing the rise, fearing a sudden reversal, shorting when the bulls are strong with no pullback, lacking certainty, not being confident, just observing, waving the white flag and surrendering!
Cut loss, 94300 lost, holding cash and watching for now, it's hard to guess the peak of Bitcoin, I don't dare to chase the long without a pullback, 95000 is a resistance level, trying to short again seems irrational, tried to test it at midnight, tried to test it in the morning, if I keep testing like this, it won't end well, even with a light position! If I'm not sure, then I should just watch for now! The support for Bitcoin below is 92700 and 92200 here, if it doesn't break during the pullback, then it would be good to buy low, otherwise if I chase, I'm always afraid of a sudden counterattack...
Crypto钟良
--
Bearish
The Bitcoin hourly chart has risen and then fallen, continuously forming long upper shadows, with highs on the decline. After breaking through the upper boundary resistance on the 4-hour level, it has now returned below the upper boundary. The MACD three lines are converging and forming a death cross, and the RSI is turning down from a high position. For today, we are looking for a pullback first. Short around 93000, stop-loss on new highs, target down to 92000-91600-90500. #加密市场反弹