All is fate, and not a bit is up to man! In the past few days, the big pancake has been going through a pure roller coaster, with fluctuations close to thousands or even ten thousand points. In such circumstances, having a good grasp of timing is very important! Remember not to be greedy, and do not act frequently!
Today, we will treat it with a super roller coaster mentality. In the morning, the strategy is to short in the strong resistance area above 89000 for the big pancake, and pay close attention to the position between 84400-85000 below! $BTC
In the past couple of days, my thoughts haven't been perfect, and I'm feeling uncomfortable. Family, please be understanding. I'm also making adjustments and will be more cautious moving forward!
Yesterday, due to a comment from the old special, Bitcoin experienced a surge of tens of thousands of points at midnight, achieving this leap in just two short hours.
During the day, it quickly retraced, and until early this morning, in less than 24 hours, it moved back and forth by tens of thousands of points, coming back down as quickly as it went up. It feels as if nothing happened, except that we got hurt. Such a disgusting and violent scene...
Yesterday was the first time in nearly a month that Li Chuangang's strategy resulted in a loss, and it was a complete reverse, clean cut, heart-wrenching... There's no way around it; it was just too volatile. Moving forward, we can only seize opportunities to recover a bit!
This morning, since things have returned to normal, we can just treat it normally. Bitcoin's retracement has support at the hourly level between 84500-85100, and we should focus on the 87000-87700 area above!
Old Ted said in one sentence, the big pie jumped up, on a weekend evening, surged by ten thousand points, creating an unprecedented single direction within two hours! Instantly pulled from 85000 to 95000!
He said: After years of corrupt attacks from the Biden administration, the U.S. cryptocurrency reserves will elevate the status of this key industry, which is why my digital asset executive order directs the presidential task force to advance cryptocurrency strategic reserves, including XRP, SOL, and ADA. I will ensure that the U.S. becomes the world’s cryptocurrency capital. We are making America great again!
In one sentence, he made himself great while causing hardship for everyone else!
Collecting thoughts, isn’t the charm of contracts just this, finding the lost direction amidst chaotic fluctuations!
Since it has come to this, let's go with the flow. This morning, the big pie pulled back to 93100-93700 for a long position! Target 94900-96000!
I'm ready to go to bed. I can't rest on weekends. If I can't slack off, I'll start! If I can't catch up with the first wave, can I catch the second wave? $BTC
How many times did I put it in and didn't even look before stopping loss. Not stopping loss and getting stuck over a thousand points, the market is too harsh. Temporarily observing $BTC
Tonight's small fluctuations, there is no large trend, no need to chase orders. Buy between 84400-95000, sell between 86400-87000. Don't blindly chase the one-way trend $BTC .
At around 7:30 in the morning, we directly placed a real-time long order for the big pie, and the target of 95400 was directly reached. Another good start today!
These days Bitcoin is experiencing a black swan event! The reason has been found! 💥 In the past two days, Bitcoin suddenly plummeted, and the entire network was in an uproar! Hundreds of thousands of people were liquidated, and I couldn't help but find the truth and reasons as follows:
The 5 major reasons for this [Flying Disc R]📉 (with a pitfall avoidance guide) 1️⃣ Sudden change in global policy direction Certain states in the U.S. suddenly halted the “government funding to buy crypto” plan (originally planned to invest 10% of the funds), causing the market to panic instantly! As soon as the signal of tightening policy emerged, everyone began to sell off to avoid risks. 🔥 Pitfall alert: Don't blindly follow policy trends; first observe the official stance!
2️⃣ Major incidents occurred at some exchanges discovering theft events! A certain large platform ranked third on Non-Small Number was hacked, losing ETH worth 1.5 billion dollars! User asset security became a mystery, directly triggering panic selling. 🔥 Pitfall alert: Never put all your eggs in one basket; if you have significant assets, it’s safer to diversify into cold wallets!
3️⃣ Reckless high-leverage trading caused disastrous liquidation In the last 24 hours, over 290,000 people were liquidated, losing 63 small targets! With high market volatility, high-leverage players were directly forced to liquidate, losing everything 😭 🔥 Pitfall alert: Complete novices should proactively stay away from leveraged contracts; if you can't even understand spot trading, don't take risks!
4️⃣ Technical warning of pullback structure It is said that after a significant continuous rise, a pullback is inevitable; last month I warned that it would drop to around 89,000-83,000! Many big players and institutions also believe this, and some institutions fled early, leaving retail investors to pick up the pieces… 🔥 Pitfall alert: Don't blindly believe in “always rising” or “always falling”; learn to observe trend lines and support levels!
5️⃣ Butterfly effect caused by international situation Recently, the international situation has become tense and increasingly perplexing, with Russia-Ukraine negotiations, declining oil prices, and capital shifting from “risk assets” to safe-haven assets like gold, which also drained the crypto market! 🔥 Pitfall alert: Pay attention to geopolitical issues; when gold rises, Bitcoin may fall.
Bitcoin has recently experienced a sharp retracement, returning to this position for the first time since it broke through the 80,000 mark in early November last year.
Currently, there have been four consecutive negative lines on the daily line, and the decline is huge. Since Bitcoin has been breaking through without continuation in recent months, it remains to be seen where it can go unilaterally after breaking through the strong support of 89,000!
Last night, I reminded everyone not to buy too much at night. I wonder if anyone has implemented it?
In summary, I am still not optimistic about the continuation today. Bitcoin's idea this morning is to retreat to 83,300-83,900 and try to buy more. First look at the 84,900-85,400 area! $BTC #比特币
Morning pancake long position strategy, stable gains, currently still ongoing, conservative can take profits for safety, aggressive should be patient oh $BTC #比特币
Yesterday saw a significant fluctuation, with Bitcoin experiencing a nearly 8,000-point drop in a straight line. We are also immersed in a sea of joy. With such a huge volatility, we perfectly seized the opportunity, fully capitalizing on both long and short positions!
Due to the recent market behavior of breakouts not continuing, we must remain cautious today. Currently around 89,000, but this position is not yet suitable for shorting, so do not be careless!
In the morning, I personally suggest trying to go long around 88,400-89,000, with a key focus on the 91,300-91,800 line above!