Intraday market has completed smoothly, and the intraday currency price is still undergoing a fluctuating correction adjustment. However, after the rapid rise in the previous days, it has turned around and retraced during the day, indicating a change in the overall trend. This also confirms the analytical thoughts I provided earlier today; today, all short positions set at several high points have been profitable, with little fluctuation in the market, allowing for several hundred points of space in City C. For this market situation, being able to maintain an active stance at all times is advantageous; when the trend reverses, one can retreat calmly. Therefore, when the market arrives, one will surely taste the fruits of victory.
From a technical perspective, after three consecutive daily gains, it has reversed with a small bearish doji and a longer upper shadow, reflecting strong pressure from the upper resistance level, and the bullish momentum is gradually weakening, with the situation still reversing. On the four-hour chart, after the price surged, it has closed with four consecutive bearish candles, the daily moving average is moving downwards, and the MACD fast and slow lines are about to merge, with a death cross not yet formed. All indicators show that a downward trend has already formed.
Short positions for Bitcoin should be initiated in the range of 107000-107500, with attention to the vicinity of 105500. For Ethereum, short positions should be initiated in the range of 2430-2460, with attention to the vicinity of 2330.
After a small pullback, the cryptocurrency price has once again entered a phase of narrow fluctuations and consolidation. Today, there have been repeated suggestions for short positions, and just now, a short position set up at 107800 has successfully captured a space of 726 points at the 107074 level, easily managing the market once again.
The cryptocurrency price has risen to new highs and then retreated. Similar to yesterday's trend, there is an upward shadow, with multiple attempts to test the upper resistance level followed by a retreat, indicating that an effective resistance has formed at the 108 level. Each attempt to rise has not achieved effective continuation, and there have been multiple intraday assaults that have failed to stabilize effectively. The daily market has already shown a posture of pressure and retreat. In the short term, the cryptocurrency price has turned around and is showing a slow downtrend in fluctuations. Currently, the price is oscillating between the middle track and the lower track, so future operations should follow the trend and rebound for short positions.
For Bitcoin, short at around 107500, with attention to around 106000. For Ethereum, short at around 2450, with attention to around 2350.
The cryptocurrency price today experienced a correction after fluctuating at a high of 107500 in the morning, then surged to around 108 before starting a round of decline at noon. After a brief consolidation near 107400, it began a new round of downward probing. The prolonged tug-of-war between bulls and bears has led to a subtle shift in the situation after today's surge. We are still patiently holding the long positions we laid out at 107800. In the afternoon discussion, we mentioned that small wave segments test our analytical precision, and what may be tested next is everyone's wisdom and courage.
From the daily perspective, after three consecutive bullish days, the price has turned downward, with the price rising to a high level, facing resistance and pulling back, while bullish momentum is gradually weakening. The long upper shadow also indicates significant pressure from above. Looking at the four-hour chart, after consecutive bullish candles, a small bearish cross followed by a small bearish candle indicates a decline. Although the price is still running above the upper band, the pattern of price movement suggests that the bull-bear situation has quietly reversed. The hourly chart reflects that the price has fallen below the middle band and has not rebounded, indicating a continuous downward trend showing that bears are gradually gaining an advantage. Our bearish outlook remains unchanged for the future market.
Short positions for Bitcoin are recommended in the range of 107200-107500, with attention on the area around 106200. For Ethereum, short positions are recommended in the range of 2450-2470, with attention on the area around 2350.
Today's price fluctuates between 107,500 and 108,000, showing a fierce battle between bulls and bears. A breakthrough of the key resistance level at 109,000 may lead to further increases; otherwise, a pullback is possible. Technical indicators show that the bulls are still in control, but there is a short-term need for adjustment, indicating overbought signals. From a daily perspective, the price has achieved three consecutive daily gains and reached a new closing high, but there is a short-term technical adjustment requirement after the market momentum is released. The four-hour chart shows that the Bollinger Bands are moving upward, a MACD golden cross has formed, but momentum is weakening.
The primary coin has a short position between 107500-108000, with a focus on the vicinity of 106000. The secondary coin has a short position between 2480-2500, with a focus on the vicinity of 2380.
The price of the coin has slightly risen after a minor pullback since early morning, once again challenging the area around 108250. It then provided a small retracement, and the current trend still maintains the previous slow and narrow oscillation upwards. The overall trend has not undergone significant changes, so we decisively exited our short position set at the 108179 level after securing a space of 626 points. When a major market event occurs, it tests our wisdom and courage, while small fluctuations rely on technical precision and disciplined execution.
From a technical perspective, the daily chart continues to show small bullish candles with prices reaching the 108 level high point, which is currently a short-term resistance level. Watch for the previous high of 109, with support near the MA30 moving average at around 1055. The appearance of small bullish candles also indicates that bullish momentum is gradually weakening. Looking at the four-hour chart, alternating small bearish and bullish candles are running, and compared to the previous series of small bullish candles, the upward trend has slowed down, but the overall upward trend remains unchanged. The repeated appearance of small bearish retracements suggests that the stalemate between bulls and bears won't last too long, and the market still looks for the price of the coin to face pressure and pull back after going up.
You can go short above 107000 for Bitcoin, watch around 105500; for Ethereum, you can go short above 2480, watch around 2380.
After yesterday's price increase, the coin price has been fluctuating around 107500 since early this morning, undergoing narrow adjustments and corrections. Currently, the price continues the trend of adjusting, correcting, and slowly rising that started yesterday, but the fluctuations in the trend have been small. Our short position laid out at 107256 this morning was exited with a stop loss of 621 points after the price attempted a second high without breaking through to a new high. We then set up a short position again at 107978, and at 107143, we managed to recover the loss of 835 points successfully. Without significant fluctuations, we chose a short-term, even ultra-short-term approach, appropriately lowering expectations and exiting promptly when there is space, which greatly helps avoid risks and prevents being trapped.
Currently, the four-hour chart shows that after a series of consecutive upward movements, the market is alternating between small bearish and bullish movements, indicating that the temporary correction has not changed the overall upward trend. Looking at the hourly chart, after a slight pullback, a small bullish candle has lifted the price, which is gradually rising above the middle track. The persistent long upper shadow indicates that the pressure from above remains strong, and the bullish momentum is continuously weakening. In the short term, it is challenging to break through the previous highs. The current price is experiencing high-level fluctuations, and there may be overbought correction pressure, with the possibility of high-level fluctuations or even small to medium pullbacks. Caution is advised for chasing high prices at elevated levels, as the price continues to run along the upper track, which may lead to a breakthrough rise, but it is more important to be wary of strong resistance from above.
For Bitcoin, short positions are recommended in the range of 107700-108500, with attention to around 106500. For Ethereum, consider shorting near 2480, with attention to around 2380.
Yesterday's market moved smoothly, presenting a slow oscillating upward pattern, with a low of 105153 and a high of 108135. We captured a 741-point space on the short position laid out at the early morning high, and the long position that followed the trend also successfully captured a 622-point space. At noon, we again seized a small pullback, with the main coin and Ethereum short positions capturing 686 and 39 points respectively. The overall price of the coins continued to rise, and the evening trend slightly exceeded expectations, with the short position on the main coin ultimately stopping out with an 800-point loss. Looking at the day's market in conjunction with previous trends, the overall performance shows a rapid rise followed by sustained buying volume. The overall trend is a slow oscillating upward movement, with a further upward breakout in the evening surpassing the previous high of 108. On the four-hour chart, after yesterday's eight consecutive bullish candles gradually moved up, it ended with a small bearish cross candlestick. The coin price slightly retreated after reaching a high of 108, but in essence, it is just a technical correction after the high. Therefore, in the short term, the market still shows that the bulls are in a dominant position, but the coin price has currently formed a high-level oscillating adjustment pattern moving slowly upward, with a significant room for a pullback. Thus, it is recommended to focus on high short positions in operations. The main coin short positions are recommended in the range of 107000-107500, watching around 105500, while the second coin short positions are recommended around 2440, watching around 2340. $BTC
The cryptocurrency price chart has broken through the previous high, but to surpass the previous high point of 109, which is a key resistance level we tested earlier. If it cannot be reclaimed, we will maintain our bearish outlook. On the four-hour chart, the market continues to maintain the previous slow oscillating upward pattern, with the price currently slowly oscillating upwards around 107000. On the hourly chart, the price rose consecutively but faced resistance at the 108 level, resulting in a corrective bearish candlestick. The long lower shadow indicates that the bulls still hold a significant advantage. While it broke through the 108 level, it could not stabilize above, so we will still maintain a bearish outlook for the future.
For Bitcoin, shorts were initiated at 108000, with attention on the vicinity of 106500. For Ethereum, shorts were initiated near 2440, with attention on the vicinity of 2340.
The cryptocurrency price remains in a trend of slow upward fluctuations today, currently in a strong rebound followed by a high-level consolidation state. The daily chart shows a series of consecutive bullish candles. This evening, the price has once again broken through the intraday high, currently around 107800. Looking at the four-hour chart, the upward momentum has gradually accelerated with nine consecutive bullish candles, and the bulls are continually increasing their volume. The current price is still maintaining a slow upward fluctuation while adjusting, with consecutive lower shadows indicating that bullish momentum is gradually strengthening. The price may again challenge recent highs this evening. On the hourly chart, the K-line has broken through the upper band and stabilized above it, with the upward trend in price gradually accelerating. In the short term, whether it can break through the upper pressure point of 108 is key; if it breaks through, it is expected to launch a new surge towards new highs; otherwise, rapid retraction under pressure is the short-term trend.
The Bitcoin price is shorting around 107800, with focus on around 106000, while Ethereum is shorting near 2440, with focus on around 2340.
I won't elaborate too much on the price trend of the cryptocurrency during the day today. From a technical perspective, the four-hour chart shows an eight consecutive bullish pattern. After a rapid increase in the early hours of today, it has maintained a slow upward oscillation with consecutive bullish candles. The Bollinger Bands are opening and running upward in the short term. Looking at the hourly chart, the price continues to rise slowly between the middle and upper bands, and it has once again broken through the upper band. The bulls are still increasing their volume, and if it stabilizes, there is a possibility for the price to rise again. Overall, while the market shows strong performance, the top divergence needs correction. The short-term bearish outlook remains unchanged, and after the strong surge in news, the price may experience a slow rise followed by a sharp decline for market reshuffling.
Sell at around 107200 for Bitcoin, watch for around 105500; sell at around 2430 for Ethereum, watch for around 2330.
The price of the currency has shown a trend of slow upward fluctuations since early this morning, with no significant volatility during the day. The highest point was around 106791, followed by a pullback to around 106200 for continuous oscillation and adjustment. Our short position set up at 106741 exited at 106055, gaining a space of 686 points, with Ethereum's movement synchronized with Bitcoin.
On the technical side, the four-hour chart shows a 'slow step' pattern of seven consecutive small upward candles, indicating that since the price dipped to the 98200 line, bullish momentum is still being released. The continuous long upper shadows suggest that the current bullish advantage is not significant. Excluding the impact of news, it is difficult to break through the upper resistance level in the short term, thus the price running trend will continue to revolve around range oscillation and correction. On the hourly chart, the price is oscillating between the middle and upper bands, with the market showing a slight rebound after adjustment. Considering various technical indicators, the upward trend is gradually nearing its end, so in the afternoon, we will operate with a strategy of shorting on rebounds.
Short Bitcoin directly around 106500, paying attention to around 105000. Short Ethereum directly around 2450, paying attention to around 2380.
After the price of the coin rose sharply since yesterday morning, it has continued to fluctuate and correct around 105000. This morning, the price once again experienced a slight increase, returning to around 106000. Following a round of technical correction, the price has stabilized above 106000 and is currently trying to rise again to around 106500. Our short position entered at 106149 this morning exited at 105408, gaining 741 points. Subsequently, we followed the trend and entered a long position at 105395, which exited at 106017, securing another 622 points. In this continuously adjusting market, we just need to follow the market trend and enter when the opportunity is right.
From a technical perspective, looking at the four-hour cycle, the price shows a slow upward trend with fluctuations, and market sentiment is relatively strong. However, some short-term indicators have entered the overbought zone, so we need to be cautious of potential pullback risks. If a breakthrough occurs above the previous high, it may further open up upward space; if it cannot break through, there may be a sustained period of consolidation and pullback in the short term. On a shorter time frame, the hourly chart shows that the coin price has repeatedly crossed above the upper rail but has not been able to effectively stabilize above, continuously forming long lower shadow lines, indicating that both upward and downward pressures are currently in a stalemate. The ongoing stalemate between bulls and bears has also led to relatively small fluctuations in the price recently, and the short-term trend may continue to fluctuate.
For Bitcoin, short positions can be considered around 106500-107000, with a focus on the 105500 area. For Ethereum, short positions can be considered around 2470-2500, with a focus on the 2400 area. $BTC
After Bitcoin reached a new high of 106212 in the early morning, it fell to 105235, then rebounded in a V-shape to around 106073, forming a narrow range of fluctuations at a high level. The price volatility last night was not significant, with bulls and bears in a stalemate, and overall the trend was mainly a range-bound consolidation.
From the four-hour chart, the K-line has broken through yesterday's high point, which is an important signal of a strengthening bullish trend. This indicates that bullish forces are accumulating and are set to explode, pushing the price upward, and it is expected to break the upper resistance to open up further upward space. On the hourly level, the Bollinger Bands are closing upward, indicating that the market is in an upward trend, volatility is decreasing, and this suggests a short-term pullback adjustment before a further upward breakout.
Short Bitcoin directly between 106000-106500, paying attention to around 104500; Short Ethereum directly between 2450-2470, paying attention to around 2350.
The price of the currency surged strongly today from the early morning, probing the 106074 line before rebounding and dipping to around 105000, continuing to oscillate and adjust. During this time, the price rebounded to around 105811 at its highest. We placed short positions around the two peaks, entering at 105914 in the morning for a gain of 947 points and at 105770 in the afternoon for a gain of 1016 points. As the market experiences large fluctuations, we need to remain doubly calm and rational at all times, not swayed by temporary ups and downs, patiently sticking to our strategy and waiting for the right moment, as true opportunities are often hidden behind the waves and noise.
On the daily chart, yesterday's large bullish candlestick recovered all the space lost during the wide oscillation and decline of the previous days, with strong bullish momentum released. Although this round of rapid increase has regained the highs of the previous days, the overall trend still remains in a downward consolidation. The weekly candlestick shows signs of maintaining a weak correction, though the short-term rhythm is relatively slow, first oscillating and then trending. Oscillation is a process for building momentum for a trend, and the overall trend remains a slow downward oscillation. On the four-hour chart, after the price rose, it went through a consolidation and correction, forming a small bullish doji followed by a small bullish candlestick. The long upper shadow indicates that the pressure above is significantly stronger than the support below, and bullish momentum has clearly weakened. Currently, the $ trend has given a strong short signal, and we only need to follow the trend for future trades.
For Bitcoin, short positions near 105500, watching 104000; for Ethereum, short positions in the 2430-2450 range, watching near 2350.
From the market perspective, it has currently rebounded to around 105700, and in the short term, it is again testing the upper resistance. All rebounds are leaving enough room for subsequent declines. The current price of Bitcoin is around 105700, direct sell, focus on around 104500. The current price of Ether is around 2422, direct sell, focus on around 2350.
The price of the currency #比特币 experienced another significant rise and fall last night, once again breaking below the 100,000 mark, reaching a low of approximately 98,200. It then initiated a strong rebound, touching around 106,074, and is currently under pressure, retreating to around 105,000 for consolidation and correction. Our short position established at 102,136 last night captured another 2,100 points at the 100,000 threshold. Countless experiences have taught us that trend judgment surpasses short-term fluctuations, position management is superior to all-in bets, and emotional control determines ultimate success or failure. This is why I repeatedly emphasize to my students not to blindly engage in emotional trading.
From the four-hour chart, market sentiment has stabilized somewhat, and technical indicators show some rebound momentum, but several indicators are signaling overbought conditions, so we must be cautious of adjustment risks. The candlestick has surged to the mid-band, approaching the upper band, with the Bollinger Bands' mid-band and KDJ indicating that prices are in a potential consolidation phase, likely to maintain narrow fluctuations in the short term. The price has once again formed a bottoming rebound pattern, rising from 98,000 to 106,000, recovering nearly 7,000 points. This aligns with our previous saying: the greater the drop, the stronger the rebound. Whether the currency price can reverse again depends on whether we can break through the resistance near 106,500; otherwise, we need to follow the trend for a correction. Today, pay attention to the gains and losses at the upper resistance level; if we break through, we will look for 110,000, otherwise, we will maintain our previous bearish outlook.
For Bitcoin, we will short at 105,000-105,500, watching around 103,500. For Ethereum, we will short at 2,400-2,430, watching around 2,300.
Last night until early this morning, the cryptocurrency price once again exhibited a 'roller coaster' pattern. After being blocked by a rebound last night, the price strongly retraced, falling below the 100,000 mark again, and then showed a strong rebound. It is currently consolidating around 104,000. The market can be described as experiencing significant drops and rises. Our short position established at 102,136 was successfully closed at 100,010, gaining 2,126 points, while the Ethereum position set at 2,292 was closed at 2,206, gaining 86 points. During the adjustment phase, we can mainly maintain a wait-and-see approach. When the market trend arrives, it is both a test and a great opportunity for everyone in the crypto space.
From the daily chart perspective, the price has shown four consecutive bearish candles, indicating strong bearish sentiment, and a long upper and lower shadow was observed yesterday, reflecting strong selling pressure above. Currently, as the key support has not been broken, both bulls and bears are in a stalemate, maintaining a volatile rhythm, but the overall downtrend remains unchanged. From a four-hour perspective, after a rapid decline, the price has shown two consecutive three consecutive bullish candles, and the large bullish candle has changed the previous staircase-like drop pattern, indicating a strong counterattack from the bulls. The price has once again broken through the 1,042 line but has not stabilized above, posing a high risk of short-term pressure and pullback.
Short directly near 104,000 for Bitcoin, focus on around 102,000. Short directly near 2,350 for Ethereum, focus on around 2,250.
Today we continued to be bearish. After a drop and rebound in the morning, the coin price has been undergoing continuous correction and consolidation. Finally, during the US stock market opening phase, the coin price resumed its downward trend. The short position we set up in the afternoon at 102008 was successfully closed at 100867, gaining 1141 points and recovering the small losses from two trades yesterday. In the crypto world, there are no constant winners; the true winner is not necessarily the fastest runner, but definitely the one with the most stable pace.
Bitcoin and Ethereum once again exhibited the same pattern, with three consecutive bearish candles followed by a bullish candle that pulled upward, creating a bottom rebound pattern that broke the previous slow downward oscillation. Currently, the rebound's strength has not exceeded the previous high point, so the market trend is still dominated by bears. From a four-hour perspective, the coin price formed a small bullish candle with a long upper shadow, indicating heavy selling pressure above zero. In the short term, the coin price will continue to follow the previous downward trend, with a pattern of rebound, correction, and then further decline. Looking at the market, we maintain our bearish outlook.
We will short Bitcoin around 102000, with a focus on 100500. For Ethereum, we will short around 2290, with a focus on 2200.
The price of the coin has started to rebound at a small level. The second surge to 102064 was unable to sustain, indicating that the upward momentum is limited. In the 4-hour chart, the coin price has bottomed out and rebounded, but currently, under the dominant trend of bears, the rebound space is very limited. The current rebound is essentially more inclined towards a technical correction of yesterday's oversold market. Therefore, the bearish outlook remains unchanged. Follow the trend and short at high positions. The current price of Bitcoin is 101953, and you can short it, paying attention to around 100500. The current price of Ethereum is 2252, and you can short it, paying attention to around 2180.
After the waterfall-like drop experienced over the weekend, the current price trend of the currency is relatively volatile, in a state of adjustment after the decline, with no significant fluctuations expected in the short term. The large positions in Bitcoin and Ethereum set up yesterday were all exited with small profits. Today's early analysis provided a bearish outlook, with short positions entered at 101546 successfully reclaiming 930 points space at 100616. Friends must not trade just for the sake of trading; instead, following the market trend will provide opportunities to gradually establish a foothold in the cryptocurrency space. From a technical perspective, the daily chart shows that after the price adjustment, a three consecutive bearish candle pattern has formed, and the trend of continuous increase in short positions is still ongoing. Currently, the price is fluctuating and correcting around 101000, with the rebound point crossing the resistance at 100000, but it has not surpassed the previous rebound high, and the market remains dominated by bears. The four-hour chart shows a large bearish candle followed by a medium bullish candle pulling back upwards. Since the high point of 108900 has retraced to 98115, the overall market has formed a step-by-step lower pattern, but each rebound has broken previous high points, indicating a bearish trend. Short positions for Bitcoin are suggested at 101500-102000, with attention on 100000, and for Ethereum at 2250-2280, with focus around 2180.