After a significant surge yesterday, Bitcoin has retraced to a low of 23.6% today. From a daily perspective, after reaching the previous high of 111959, Bitcoin has been oscillating in the 100,000-110,000 range. Currently, it is expected to challenge the 110,000 level again. However, from multiple time dimensions and the results of various indicators, MACD bullish momentum is insufficient, which may lead to further corrections.
Entry Point Silk Road Enter near 109,000, target 108,000 【If there is a significant breakout above the 110,000 level, observe with no positions】
Jungle Trading Rules: Are You the Hunter or the Prey?
In this morning's pre-market analysis, we pointed out that the key entry point for Bitcoin is around 107,000. After the signal indicated a bullish trend, we followed the Silk Road, setting the target at around 108,000. From the market movement, it perfectly validated this idea. This once again proves that opportunities are always reserved for those who have a clear mindset and decisive execution. As long as we have a clear trading strategy and sufficient execution power, the rewards will naturally follow.
Taking this opportunity, I have also summarized a few iron rules that successful traders follow, which are also prerequisites for achieving financial freedom:
1. In a vast sea of opportunities, take just one scoop.
The essence of trading lies in capturing key points to gain profits. Those who truly understand the term "key points" have often been tempered by the market, learning tough lessons through experience. In a complex and ever-changing market, we do not need to chase every fluctuation, but rather accurately grasp those critical turning points and focus our energy on the most reliable opportunities. Only in this way can we accurately capture our own scoop in the ocean of trading.
2. Firm Will, See Through Human Nature
Ultimately, trading tests human nature. The market is like a giant emotional amplifier, where human weaknesses such as greed, fear, and herd mentality are magnified. Successful traders can maintain an independent viewpoint, unaffected by the influence of the crowd, and are not swayed by short-term market fluctuations. They understand that only by firmly adhering to their trading strategies can they remain calm amidst market volatility and make rational decisions.
3. Control Impulsive and Capricious Trading
Excellent hunters do not blindly chase prey but patiently wait for the best moment to strike. Trading is the same; impulsiveness and capriciousness are major taboos in trading. Many people often enter the market blindly out of momentary impulse, resulting in outcomes that are contrary to their expectations. In contrast, successful traders, like hunters, spend most of their time waiting, only to strike decisively at the most opportune moment.
Are you the hunter or the prey?
The market is ever-changing, but as long as we maintain a clear mindset, firm belief, and strict discipline, we can find our own opportunities amid the fluctuations. I hope today's sharing is helpful to you.
Market validation ideas, the ideas in the previous post around six o'clock were perfectly validated Cognition determines success or failure, friends with unclear ideas, why not click to follow?
Good morning everyone! It is now 5:55 AM on May 29th, welcome to Gu Zhi's trend analysis. Today, let's do a brief analysis of the morning situation of Bitcoin. Let's start with the daily chart. After reaching a historical high, Bitcoin's price trend has been firmly suppressed by the resistance level of 110000 in recent days, showing a clear downward trend. In terms of technical indicators, the MACD has formed a death cross above water, and this situation continues, while the RSI is also in a bearish arrangement, moving downward towards a stable range, which overall is unfavorable for the bulls.
Now let's take a look at the hourly chart. Recently, Bitcoin has made multiple attempts to break through the resistance level of 110000, but each time has failed and ultimately retreated. The current price has reached a recent low, but has not truly broken through yet. However, the RSI at this time shows a bullish arrangement, rising from the oversold area to the stable range, and the bearish momentum of the MACD is gradually weakening. This seems to suggest a change in market sentiment, with the strength of the bears gradually diminishing.
In-depth Analysis of the Second Contract's Trend: Opportunities and Layouts During the Retracement
In the world of investment, every market fluctuation contains opportunities and challenges. Yesterday, in our analysis of the second contract's trend, we mentioned that its weekly K-line is on the edge of a breakdown, strongly suppressed by MA30. However, the market's trends are always full of variables. Although yesterday's deep retracement made many investors nervous, from a longer time dimension, this is actually a healthy adjustment. Long-term trend: still bullish From the weekly K-line, the price of the second contract has stabilized above 2400. Although there was a deep retracement yesterday, this does not mean a change in trend. On the contrary, this is a reflection of market sentiment adjusting. From a long-term perspective, the long-term trend of the second contract remains bullish. This retracement actually provides investors with a better entry opportunity.
Silk Road on May 7 Yesterday, the Silk Road was perfectly validated, with the price briefly rising to 97,700 near 93,500. After 97,700, the large pancake experienced a short-term pullback, currently at 96,680. On the daily chart, it is in an upward trend, but the RSI is close to 70, and the MACD bullish volume momentum is weakening, with the two lines converging in a death cross trend.
Entry into Silk Road: Enter at around 96,000, target 97,000. Stop loss at 95,500.
* The intraday trend of Second Brother is also within the range of the box, with a strong support level at 1780 for the day. The short-term resistance level is at 1840.
* The current market is maintaining a small-scale fluctuation; pay attention to the subsequent actual market transaction volume.
Entering the factory Silk Road:
Enter near 1800-1790, with a target of 1840. Protect at 1770.
Concubine Evening Silk Road Concubine's low today is 1780, briefly touching a strong support level before retracing to around 1830 and encountering resistance. RSI shows bullish alignment, but MA has formed a death cross. boll is in an opening shape and is being pressured by the middle track. Entry Silk Road Enter at 1810-1820, target 1780. Defense at 1840. #以太坊合约分析
5.5 Big Pie Evening Silk Road Today's Big Pie shows a slow downward trend, with the current price around 93800. On the daily chart, the MACD bullish momentum is weakening, and the fast and slow lines are forming a death cross above the water. The RSI is arranged in a downward trend with three heads. The four-hour MACD death cross continues, and the MA7 has crossed below the MA30 forming a death cross pattern. Entry Silk Road: Around 94500, target 93500. Defense at 95000. #比特币
Today, at 1:00 p.m., I kept going for 12 hours and got 67 points on Ether. It was a great harvest, as long as you have efficient execution and flexible application. Reviewing is compound interest! #以太坊 #Web3 #比特币 No investment advice, just sharing!
4.21 Thinking - The MACD golden cross at the Aunt Tai daily level continues, and the two lines are opening; RSI shows three lines moving upwards. The upward trend is further amplified. - At the hourly level, RSI is in the overbought region, and the MACD bullish momentum is strong with a continuing underwater golden cross. - In the 15-minute time frame, RSI is also in the overbought region, while the MACD bearish momentum is weak, intensifying the tug-of-war between bulls and bears. Operational Strategy: * Breakthrough of the resistance level at 1660, accompanied by increased volume, can be used to enter the market. * If multiple tests yield no results and there is no volume-price synchronization, one can enter the market cautiously! * Operate in sync with Bitcoin.
The decline of the intraday big cake has begun to show, whether from the daily level, hourly level or fifteen-minute level, it shows an arc + cup handle pattern.
The intraday hourly line and fifteen-minute line both show that the short position is dominant, pay attention to the support of 85,000, and it may drop to 80,000 if it falls below.
The main direction in the future is still based on Bu Kong
In the ups and downs of the K-line, some people see risks, some see opportunities, and the wise see their own nature. Fluctuations are the breath of the market, prices rise and fall like tides, and greed and fear are the shackles of investors.
The market always rewards two types of people: those who use rules to overcome emotions, and those who use time to realize value. The accumulation of wealth is never a linear surge, but a miracle of compound interest.
If you are confused by today's floating losses, you might as well ask yourself: How will I view my current choice three years later?
Many friends in the market often fall into the debate between bull and bear markets, but this proposition itself contains cognitive bias.
In essence, the cyclical fluctuations of the market are merely superficial; what truly determines returns is the ability to capture certain opportunities amid uncertainty.
If an account continuously appreciates, it is a 'structural bull market' for the individual; conversely, if the strategy fails, even if the market as a whole rises, the individual may still be trapped in a 'local bear market.'
This logic stems from the underlying laws of investment — the essence of returns and risks depends on cognition and behavior, rather than merely on market labels. First, we must escape the emotional trap and return to market laws. The essence of investing is 'the way of nature' rather than 'the way of man.'
The way of man is constrained by emotions and short-term interests, manifested as chasing highs and selling lows, complaining about policies, or blindly following public opinion; while the way of nature requires investors to calmly examine the rules, stripping away noise to focus on trends and regulations.
These views are reflected in the cycles of policies and the flow of funds, with the three rounds of Bitcoin's rise being strongly correlated with the approval expectations of Ethereum, the influx of incremental funds, and the policy dividends of the U.S. elections, rather than being driven solely by market emotions.
Moreover, each round of market activity is accompanied by clear macro signals; we need to validate logic through data, rather than falling into the collective anxiety of 'narratives of rise and fall.'
So to summarize: The debate over the bull and bear markets is essentially a false proposition; we need to establish a 'cycle-neutral' mindset: Be wary of risks in fervor, and dig for value in gloom. History shows that excess returns always belong to the minority who follow the rules and maintain independent thinking.