After Bitcoin dipped to 1040 last night, it rebounded to 1061 in the early morning, and has temporarily reached 1048 again. Looking at the 15-minute small price, 1048 has been tested multiple times. I still maintain that the same position being tested multiple times increases the risk of a breakdown.
As for where it might fall to below, pay attention to these points as a reference for gradual position reduction protection: 1040-1042, 1036-1038, 1030-1032, 1020-1023. Adjust according to your personal position in a timely manner.
As for Ethereum, it goes without saying, it was weaker last night; everyone was making profits on ETH. It dropped to 2500 twice last night, with a guaranteed 40-point profit, and those who know how to trade have made two waves on ETH. For those still holding positions, you can consider gradual position reduction protection at 2500-2510, 2470-2460, and if it breaks below 2430, you might speculate on 2350.
From last night until now, it's just been small bites; I want to take a big bite! Personally, I've adjusted my position down. After reducing at 1048, I have 6 Bitcoins left and 40 Ethers. Everyone can reasonably refer to $BTC .
Good evening, brothers. This is a personal opinion; there might be another drop tonight.
I won’t disclose specific points due to special circumstances. Our group has taken some heavy actions, and I'm worried about a potential failure, so I suggest not to make it public. I hope everyone understands.
The logic for BTC is the same as last night. Last night, it broke below 1068 and then pulled back to go short. Today, it broke below 1036 and then pulled back to go short. Participation is below 1060, which is a critical point. ETH is similar; participation is below 2560.
Wish me luck, and I wish everyone luck as well. Let’s continue to arrange benefits for our gains.
From last night to today, the brothers in the live stream have had enough. Feng Lang is honored to receive support and recognition, and has received many bowls of braised pork rice.
The live stream will give out benefits tonight, 500u🧧, remember to come and collect it.
A few days ago, there was a post reminding about the situation in the Middle East. This morning, Israel launched airstrikes on Iran. BTC dropped 3000 points from 105-102 in the morning. Last night in the live stream, it was mentioned that the airstrike went in immediately. I can only blame myself for getting up late. An opportunity to make money. Damn.
Just finished the live stream, sharing with the brothers in the live room
eth2770 short, first take profit at 2720, guarantee to gain at least 50 points, reduced position and pushed down for defense, remaining support at 2700-2680, if fully exited, then won't open again
btc1076-1077 short, first wave down to 1068 didn't exit, now pulling back up to 1081, maintain good defense at 1088, first take profit point at 1060-1063, second take profit point at 1050-1055
If 1088 is swept away, will arrange for tomorrow, if not swept away, just hold on, there's no absolute, it must rise, it must fall, both have a 50% probability, leave it to time to verify $BTC
I'm going out to kick the ⚽️ soon, sharing my personal views in advance. Tonight, there will be another drop, just waiting to see where it lands.
btc 1050-1055 is the short-term landing point, and then 1036 is the strong support, which is very critical, like the level of the Three Gorges Dam. If it breaks, it will open the floodgates, you all understand.
For eth, the lower range of 2680-2685 is the short-term landing point, and then 2640 is the key support. If it breaks here, it will likely head towards 2500.
In this trend, if you short, there isn’t a good entry point. You either short directly or wait for a position. You can only short after it breaks and then pulls back, I don’t really recommend chasing the short. After being scared in the last 4-5 months, now that it’s finally back to break-even, let’s be a little more stable.
If there is no post-match summary tonight, I’ll come back and do a live stream to chat with everyone. Brothers, the live stream has over 300 people eating meat, 30 likes, it shouldn’t be like this for free, right? Can we get to 100 likes?
Good morning, brothers! Has everyone taken profit on the eth2850 short position? I sold everything at 2770, feels like I sold too soon 😄 For the btc 1084 long position, I told you all to exit in the early morning, pretty timely, right?
Today, there are a few issues to discuss: one is the situation in the Middle East, and the other is the China-U.S. trade negotiations.
You can check on the Middle East issue; the last time Iran attacked Israel was in April 2024, and btc plummeted 7% within an hour.
As for the China-U.S. trade negotiations, yesterday the U.S. Treasury Secretary abruptly left the negotiations and returned home, indicating there are serious issues at hand that require reporting back to Trump to seek authorization.
Think about it, when two major powers abandon negotiations midway, what kind of serious problem could lead to such urgency?
Today, the btc position at 1068 is very critical. If it cannot hold, there is a high probability we will test the 1036 support level again this week. Last Friday, it was tested once with a low of 1038.
So whether there is a big rise or fall, don't rush to chase. The market has its own rules for rising and falling. Don't be so absolute in saying it must rise or must fall. Why aren't you the world's richest person?? $BTC
Just finished the live stream, sharing with the brothers the short position for eth2850-2860, with a minimum of 2800, conservatively took a 50-point profit, not a waste of staying up late.
The short for btc didn't get placed, set at 1107, the US market's highest was 1103, but during the live stream I shared a long position at 1084, temporarily entered and holding, the rest will be verified by time!
Entered long at 1084, the first take profit point is 1095-1098, remaining will be pushed up for defense, looking at 1108-1110.
If you haven't opened an account for fee reduction, you can contact me to activate it, saving the fees for a year is like getting a little Xiaomi su7 out, and you can also get some free points, why not?
Good evening, brothers! The CPI data is favorable, fully meeting Trump's requirements, and it is estimated that he will have to speak out again, forcing Powell to cut interest rates.
In the evening, after the second surge of BTC in the US market, consider shorting, specifically using 1115 as a defensive position. It was also mentioned yesterday that key support levels below are 1080 and 1068; after dropping here, it should normally be picked up.
ETH is the same, looking for a downward trend around 2850-2860, using 2900 as a defense, but below at 2700-2730, it should be noted in moderation. If ETH makes another push, it might be about to reach its peak, but whether it’s 2800 or 3000, that’s something we can’t speculate on for now.
For reference only, act within your means, don't go all in!
BTC pulled back to 1103 early yesterday morning, we placed a short at 1107, but we didn't get the position, lacking a bit of luck, but it's okay, not getting in meant no losses.
One thing to note is that for two consecutive trading days, there has been slight downward fluctuations around the US market opening, pulling back after midnight, and after the daily closing, it continued to fluctuate downwards. Today, we will observe whether this cycle continues.
Additionally, the China-US trade negotiations have made statements, and in principle, a framework agreement has been reached, but specific details have not been made public. Pay attention to the wording; in principle, there is likely to be back-and-forth discussions, such as on US debt, export controls, chips, and rare earths, which are key issues for both China and the US. If these issues are not well negotiated, and neither side gets the desired leverage, then a fallout could happen in an instant. This is not the first time for Trump to do something like this.
Yesterday, the US market retested and held the support level of 1080. Currently, there are two positions below: one at 1068 and one at 1080. As mentioned yesterday, similarly, if you want to go long today, you should rely on these two positions to enter. Conversely, if 1068 breaks down, a second deeper retest confirming the levels may not be ruled out.
The 15-minute level has tested 1090 four times, which increases the risk of downward movement tonight. This has been mentioned in previous live streams; the more times you test the same position, whether it's up or down, the higher the probability of breaking through.
As for where it could settle, there are two support levels below: 1080 and 1068.
There is no live stream tonight, so I'm going to explain a bit more to avoid my brothers blindly getting in and getting hurt!
I haven't opened a position today because there aren't any good levels, so I'm being more cautious and careful. It's not that I don't want to open a position; what's the point of opening one just to lose?
For the upper level, short at 1107, with a stop at 1115; for the lower level, long at 1068, with a stop at 1060. If neither position is available, then it's better to stay in cash and rest.
This 4-hour level of BTC has similarities with the wave on May 21
Can't say it's exactly the same, but at least be cautious, don't hit a steel plate
Additionally, the China-U.S. trade negotiations are ongoing, and the results will affect the development of trends. A sudden surge or drop can happen in an instant. If you don't understand it, stay in cash and observe. Keep your ammunition; there will be many opportunities. There's no rush for this day or the next.