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$BTC

The pancake has attempted to break 95000 five times without surpassing 96000. Each attempt suggests a potential breakthrough. Regardless of whether it goes up from here, the short position at 95000 can be held. $BTC

Ethereum seems poised for a breakthrough, and Bitcoin has seen more intense battles between bulls and bears in the past couple of days. A breakthrough would not be an exaggeration. The daily chart shows a 5-wave pattern, but even if it follows a 5-wave pattern, the cost-performance ratio for chasing more in Bitcoin is not that high at $BTC

April 29th Morning Briefing

News:
Arizona Congressman passes two Bitcoin reserve bills.
The Ethereum Foundation will work around core values and strategic goals in the coming year.
Liquidation Situation: $215 million liquidated in the past 24 hours.

Market Situation: Bitcoin continues to fluctuate around 93,000-96,000, fluctuating back and forth from 95,400-93,400-95,000 last night. Bitcoin maintains a high-level oscillation, with increased volatility, and it is expected to break through 96,000 or fall below 92,500 in the next couple of days.

Others: The Nasdaq fell more than 1% last night but closed higher. Gold prices rose slightly.
$BTC

The gold suddenly rebounded at night; is there some negative news? I feel that where there is no wind, there are no waves; there must be issues with tariffs and CPI.
Continue to hold the short position; a daily effective break of the 93-96 range is a real break.
Once there is a breakthrough at the daily level, we will see below 90,000 at $BTC .

Currently, we are still in the range of 93000-96000, but it can't hold any longer and a direction needs to be chosen. The fighting among bulls is intensifying, and volatility will also increase. The tolerance for chasing highs and cutting losses only has a few hundred points of space, so be prepared to stop losses.

Overall, it is still fluctuating within the daily candlestick, and a real breakout has not yet occurred $BTC .

The volatility of the pancake has increased, and the range of 93000-96000 is still in high-level fluctuations, with no effective breakthrough or breakdown.
Increased volatility means it's time to choose a direction: will it break through and go for the 5-wave move, or will it directly decline in an ABC wave? Hold on to short positions near 95000 for now, and avoid heavy positions on $BTC

High-level oscillation on the 6th day, about to change trend. If it directly breaks through 96000, then we will focus on the strong selling pressure above to make a spike to around 98000-99000, triggering short positions and then retracing to 90000-92000. If it cannot break through, then we need to grind a bit more, ultimately falling below 90000 to seek support at 88000.

Short position near 94500, partially exit at 93000, add short position after a rebound. That's it, trading back and forth within the trend $BTC

A new week, the main theme is decline $BTC

Don't think, short positions must enter
This rebound has reached the neckline resistance since the decline of 110,000, with a huge amount of trapped capital above, probably over 10 billion in funds
Looking at this rebound, 94-94, a rise of 20,000 points, further increases will face various selling pressures
We have already entered short positions, waiting for the waterfall $BTC

The weekend big pie fluctuates little, many clones have seen significant rebounds
Many people lose money in big ups and downs, after initially making a profit, they may also reverse and lose it back
Yesterday entered a short position around 94,500, of course, there are also long positions here, I believe the big pie has absorbed most of the good news from the previous days by reaching this point, a pullback is likely
Many people shorted at 84,000, but now they dare not at this point, have they been pushed down by the bulls $BTC

I think it's a pity that this little brother's short position stopped out. I was expecting him to add 1% to his position when the fifth wave hits.
However, he has been losing a lot recently and his mentality hasn't been good. After my guidance, his mindset has improved a lot. If he had added 1% to his position during the fifth wave, there would have been a chance for profit amplification. Now that his mindset has adjusted, losing this 20U doesn't matter.
Regardless of whether there is a pullback in the next couple of days or where the fifth wave goes, being in a good state is the foundation for making money.

The big pancake moves in 5 waves, and it's very standard, but the 4th wave is a bit short.
The 5th wave is also in the range of about 945-97500.
We have stopped losses, and will re-enter during the ABC waves below.
ABC represents the downward wave $BTC .

Short position stop loss, take a break when needed, drink when needed $BTC

Investing in value stocks in A-shares is too boring. I've lost tens of thousands of yuan after several months 😪

This is still the tail end of wave 3, belonging to the consolidation phase. The fluctuations at high levels will affect people's judgment. When it reaches wave 3, it indicates that the main upward wave has passed. Enter short at 93600, patiently wait for the drop $BTC .

On a certain night of dark winds and high prices, during the late night, the US stock market plummeted, Bitcoin crashed, an epic black swan appeared, and the crypto market dropped 20% overnight. Trump threatened to increase tariffs by another 50%.
This story is purely fictional. Any resemblance to actual events is coincidental. Good night, future billionaires! 💰💰💰$BTC

The daily line is in the third wave, and I still maintain the original viewpoint that the third wave is the strongest part of the main rising wave. These past two days have been continuously consolidating. If it does not break new highs, it is still in the fourth wave consolidation phase. You can lightly hold a short position at 94-95 for $BTC .

Watching the rebound encounter resistance, I sold the ones I bought in the afternoon first. Doing T means going back and forth, continuously breaking even $BTC