Is BTC Confirming a Bear Market? Don't Panic, This Bear Market is 'Atypical'!
Many people are asking if the bull market is still on. From the candlestick structure, it has already deteriorated, but while BTC's price is falling, its market share has surprisingly broken below the long-term upward channel! This means that funds are not simply flowing back into Bitcoin for safety, but are seeking high-quality assets with real value creation capabilities.
Macro News and Data: National Team Enters: The Central Bank of Kazakhstan is ready to use foreign exchange reserves to buy the dip. Positive News from Japan: Tax reform (20% separate taxation) is expected to be realized, which will release huge liquidity. Winners Take All: Nansen data shows that the top 6 public chains (such as SOL, TRX) have revenues 16 times that of the other 16. The bubble is bursting, but the framework is stronger!
Suki's Operational Suggestions: Currently, BTC is in a downtrend channel, do not trade against the trend, as the previous rebounds have all ended in failure. Spot Traders: Hold your hands! Patiently wait for the test of the lower edge of the channel. Contract Traders: Short on rebounds. Pay attention to the resistance area of 90,000-92,000, and follow the trend.
A saying I learned recently, sharing with everyone - the market is about transferring money from the active to the patient.
This major reshuffle is not about speed, but about who can last longer!
The three target positions mentioned in the first two videos have already achieved two! ✅94000! ✅86000! ❓74000!
The trend of this decline also aligns with what was mentioned earlier: ✅There is no support between 94000 and 86000, and the speed of decline will be rapid!
If you short from the position indicated by Suki (with a solid confirmation of breaking below the position, rather than at the peak), you can now earn at least 28% profit!
Now the question arises, when to buy the dip? Has the bull market ended?
1⃣First, don't rush! The foundation for a trend reversal is not yet solid, and there may still be a significant sharp drop washing out positions! Perhaps this wave is happening right now! 2⃣Bull market, I do not believe it has ended! If we refer to past bull-to-bear market transitions, it often requires a long process of gradual decline to make most people lose confidence—only when most people lose confidence in buying the dip will a bear market come! And now, the rapid decline precisely indicates that we are not yet in a bear market! There are still opportunities to buy the dip at low levels! 3⃣Below 80000, it is really worth considering to buy the dip! But you must leave some room! Don't go all in! Don't go all in! Don't go all in! Always keep some bullets, so you can calmly face all market changes!
If you feel that Suki is making some sense, feel free to comment! If you think Suki is talking nonsense, rebuttals are also welcome! Suki humbly accepts all comments!
SukiSu的币修课
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BTC has indeed broken below 90,000 as expected. Is it time to buy the dip now?
Market Analysis: Key Points 1. Trend and Indicators: Bitcoin is currently under pressure from various EMA lines, and a bullish crossover has not occurred, indicating that it is still not the time for large-scale buying. However, aggressive traders may consider pyramid-style positioning around 90,000.
2. Fibonacci Confirmation: 115,000 (0.786) has been confirmed as an important resistance level. The price has perfectly broken below and confirmed with a retest, with the first take-profit level of 94,000 already achieved.
3. Future Targets: The next important target is 86,000, which has a high probability of being reached; the final target of 74,000 is difficult to achieve in the short term unless a significant black swan event occurs.
Trading Strategy: Short Position Take-Profit and Bounce Layout 1. Short Position Suggestions: For short positions opened above 100,000, it is recommended to take profit at around 90,000 for 30-40%; conservative traders may continue to look at 86,000, while aggressive traders can leave half to aim for the final profit of 74,000.
2. Short-term Bounce Opportunities: As the price declines, the resistance increases, and the probability of a rapid bounce increases, small intraday bounce trades may be considered.
3. Long-term Holding Advantages: Entering the market through bounce trades is a stable choice. Once the trend reverses, the better price position of these contracts allows you to hold longer and more easily capture significant one-sided market gains.
BTC has indeed broken below 90,000 as expected. Is it time to buy the dip now?
Market Analysis: Key Points 1. Trend and Indicators: Bitcoin is currently under pressure from various EMA lines, and a bullish crossover has not occurred, indicating that it is still not the time for large-scale buying. However, aggressive traders may consider pyramid-style positioning around 90,000.
2. Fibonacci Confirmation: 115,000 (0.786) has been confirmed as an important resistance level. The price has perfectly broken below and confirmed with a retest, with the first take-profit level of 94,000 already achieved.
3. Future Targets: The next important target is 86,000, which has a high probability of being reached; the final target of 74,000 is difficult to achieve in the short term unless a significant black swan event occurs.
Trading Strategy: Short Position Take-Profit and Bounce Layout 1. Short Position Suggestions: For short positions opened above 100,000, it is recommended to take profit at around 90,000 for 30-40%; conservative traders may continue to look at 86,000, while aggressive traders can leave half to aim for the final profit of 74,000.
2. Short-term Bounce Opportunities: As the price declines, the resistance increases, and the probability of a rapid bounce increases, small intraday bounce trades may be considered.
3. Long-term Holding Advantages: Entering the market through bounce trades is a stable choice. Once the trend reverses, the better price position of these contracts allows you to hold longer and more easily capture significant one-sided market gains.
Why did the big positive news trigger a crash? Is the SEC's "regulatory easing" actually the perfect smokescreen for the big players to offload? A deep dive into the truth behind the panic, revealing the next target level.
Recently, I have been seriously studying trading, and while practicing what I have learned, I thought, why not turn it into a video to share with everyone? If there are mistakes, please feel free to point them out. It would be even better if everyone can gain something from it!
The video analyzes the market from two perspectives: news and candlestick charts! On the news side, there are two positive developments recently: 1. The SEC may ease regulations by classifying tokens to reduce the regulation of non-security tokens. 2. Visa announced the expansion of its stablecoin pilot, allowing marketplace creators to use USDC for payments.
But! The market doesn't buy it, and BTC's price has fallen below the 100,000 threshold.
Through the analysis of candlestick charts, it can also be observed that BTC has formed an M-top pattern, and it may drop to 90,000 or even over 80,000! If anyone wants to plan for a rebound trade, you can refer to the several points I mentioned in my video!
The big shots are here! What’s going on in September! Old Bao's speech, with hidden meanings, If you don't have the level of a Shandong person taking the civil service exam, you won't understand this series at all~ Come and listen to what the master has to say!
Pickle Cat
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The "Are You Capable?" program will start in 30 minutes this week, and today we have a special guest @Elizabeth伊丽莎白 joining us to discuss the market.
Today's topic: How to trade cryptocurrencies in September?! What happens after the interest rate cut? When will the interest rate be cut? Why is everything falling?!
Tonight's "Are You Capable" special edition episode seven! We've gathered a few victims to talk about the situation regarding $BTR !!! @Nuts坚果 @SukiSu的币修课 @币毒 @关注Crypto花椒-美股版
Twitter influencers gather together, friends from various fields will join my live broadcast at Binance Square to share knowledge about first-tier, second-tier, meme coins, metaphysics (perhaps even Huang Tui???) and other aspects of the crypto world. The atmosphere is relaxed and pleasant, feel free to ask questions and speak~ 直播预约链接
Family, welcome to the real-life story of the Farmer and the Snake. After coming to BN Square for a month, I have met many lovely fans whom I really like. But in the sweet chocolate, there are always a few bad ones, and here they come!
I just want to say to this 🐍: 1️⃣ You are not my member because I don't have any members at all. 2️⃣ I don't have members because I don’t do commission rebates, I don’t run paid communities, and I don’t do profit-sharing for signals; I don’t even take ads. 3️⃣ As a trader who doesn’t engage in commission rebates or paid ads, do you really think you can demand that I report to you daily like I’m working for you?
I have never made a single penny from any fan; it’s 100% pure personal sharing, and my live trading is still ongoing. My sharing is out of interest and communication, and to meet new friends, not an obligation.
Are you my child? If not, don’t expect me to be responsible for you. If you insist, then call me “Dad” first. 🤡
What I post are my personal live trading records; I post if I want to and don’t if I don’t. I owe nothing to anyone.
I don’t even have a copy trading setup, and my real-time positions are right there for everyone to see; friends who watch the live stream know where to look, and you can search the leaderboard yourself 📈
When I’m in a good mood, I will go live to have fun, and those who have been here know that I basically reply to every comment in the chat. I also reply to comments on Twitter and in the square when I feel like it. I generally answer good questions directly in the live stream; old fans know this well.
True fans, I will always support and give back to. For those who engage in moral kidnapping and reach out for services, stop pretending to be a big shot. Be more mindful; you are an adult now, don’t embarrass adults.
$CRV has revealed, I am the Sea King, I love anyone who helps me make money. Transactions should follow Sea King thinking; those who perform well should be given more love, and those who perform poorly should be cast aside.
(Joking, don’t take it seriously, I'm just in a good mood and acting a bit crazy today.)
To be honest, with how excellent the master is, there's really no need to rush to take the initiative, and it's certainly not as described by some people; it's truly just slander. Keep it up, wife. Capable people don't need to prove themselves, and such matters aren't worth ruining one's mood over. Men are such a distraction; they really affect making money.
K线教主宝宝
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Oh no, someone has been breached? Those who have played script killing games know that one type of logical flaw is to confuse timelines. The other party will definitely respond to me, so regarding the several points mentioned by @Crypto交易员朱一旦 , let's analyze the chat timeline. Image 1 (Twitter screenshot at the end of 2024, Yan Chi deleted this post): Did I initiate it first? Image 2 (February 4): Who brought up meeting first before Valentine's Day? Image 3 (February 3): Who wanted to sleep with whom first? Think I'm ugly but still want to sleep with me, that's really impressive? Image 4: What is the definition of the relationship between the two?
This matter ended in March, and the reason for responding now is threefold: 1. Because I didn't mention Yan Chi at all while tearing apart with other 'people', yet he directly posted two posts: one slandering me with yellow rumors, calling me 'the red sister of the crypto circle', and the other saying I have NPD mental illness. 2. Some people always think the male lead is someone else, to be honest, the level of obsolescence is such that the name shouldn't even be mentioned, it's disgusting like a frog climbing on a leg. 3. I will always defend those who love me, and I will definitely stand up for those who bully me. Clarifying this matter is also giving them an explanation.
I never need to hype a CP (couple pairing), just ask around in the crypto circle and you'll know who needs to rely on whose resources and traffic? This is the last point; I won't waste my time typing anymore. (By the way, certain people, just discussing the matter at hand, with no ability, can only start spreading rumors about my age, after all, it costs them nothing.)
Powell steps down, the Federal Reserve cuts interest rates, BTC rises to 120,000. Which of these three events will happen first?
If I had asked this question yesterday, I guess everyone would have chosen the third one. However, in just one day, looking at the sentiments on Twitter, it seems more people are choosing the other two, is that right?