The large pancake has significantly declined and is currently in a consolidation phase, showing a slight rebound but still in an overall downward trend. There is buying support at lower levels. The short-term rebound momentum is weak. Operation strategy: 1035~1045 1065~1075
Afternoon reminder of the pancake strategy, successfully gaining one thousand one hundred points in Luodai! Follow the strategy of buying at low points and selling at high points to accurately grasp the market rhythm.
The large pancake is in a short-term fluctuation and consolidation, but the long-term bullish logic remains unchanged. Key support level at 104,500 may break or test 100,678, the daily ascending channel has not been broken, and the medium-term trend is still strong.
Institutional funds continue to flow in, with over $1.5 billion flowing into the US spot Bitcoin ETF weekly, combined with expectations of interest rate cuts by the Federal Reserve (150-200 basis points cut in 2025), forming core support.
The halving cycle effect is fermenting: after the halving in April 2024, supply will tighten, and historical patterns indicate a price peak 12-18 months later. Standard Chartered is bullish, predicting a rise to $120,000 in Q2 2025, while Galaxy Digital expects it to reach $150,000-$200,000 by the end of the year.
An effective breakout above the previous high of $112,000 will open up the main upward space.
On this trading day, the price trend of Bitcoin completely aligns with my predictions, following the strategy of buying low and selling high to accurately grasp the market rhythm. Currently, short positions are still ongoing...$BTC
5.30 Afternoon Thoughts Recently, the price of Bitcoin has been fluctuating widely at the hourly level, with subsequent high points gradually decreasing, forming a converging triangle pattern. At the same time, there are dense long upper shadows, and a significant pullback has occurred on the daily level, with previous large bullish candles being gradually covered by bearish ones, indicating a shift in focus. Market activity is insufficient.
The morning prompt's idea brought students practical experience, successfully trading 600 points in Luodai! Entered at 105160 and exited at 105780 with $BTC Still the same saying, a pullback is an opportunity
Recent K-line shows that the market is weakening during a high-level adjustment, with multiple small bearish and bullish lines alternating. The long lower shadow indicates there is support, but the rebound momentum is insufficient.
Technical indicators show that the MACD fast and slow lines are diverging below the zero axis, with the red bars shrinking and green bars increasing. The RSI value is oversold, hovering around 30, and may consolidate or show a weak rebound in the short term.
The price has broken below the EMA7 and EMA30 moving averages, moving away from the EMA120 moving average. The volume is high but gradually decreasing, with dense trading volume near the high point indicating strong pressure, making it difficult for the price to break through.
Operation strategy: In a downtrend, focus on short positions, and establish long positions when stabilizing at low levels.
The evening bulls are weak and powerless, while the bears take advantage of the situation. The trading volume of Bitcoin has surged, accompanied by a sharp decline, releasing a large amount of selling pressure, which intensifies market panic.
The MACD indicates that bears are dominant, and the RSI is approaching the oversold zone. The 7 EMA continues to suppress prices, while the 30 EMA and 120 EMA are widely separated and trending downward, indicating that the current market trend is weak.
In the hourly timeframe, prices are oscillating downwards, and a pullback is underway on the daily level, with support zones gradually becoming evident.
Trading strategy: Sell high, buy low Enter long at 1055-1065 Target 1076-1082 $BTC
Today, the big pancake once again rose by more than two thousand points in Luodai! The afternoon and evening performance was four wins and one loss! Investment is not only the accumulation of wealth but also the cultivation of one's character. As Buffett said: "Investment is a long-term battle, not a game of getting rich overnight."
Today's three consecutive victories! Both long and short positions killed, once again 1,700 points in the lead! First day of public calls across the internet, can be verified! What we play is real.
5.29 Afternoon Thoughts Today's trend for the big pie is relatively clear. In the morning, the overnight long position was taken at 108377, with a drop of twelve hundred points. Then, a short position was entered, and the point direction has been very precise. Now, it has moved out a space of one thousand points. Next, continue to look down to around 107 for a low entry to go long.
Is the investment direction off track? Don't blame market trends, and there's no need to worry about information lag! At critical moments, don't miss any important updates to ensure every opportunity is seized. Enter and exit precisely; what's at stake is reality—today's big pie is easily bagged with twelve hundred points!
James Wynn's “Life and Death Sniper Battle”: An all-in 40x leverage gamble, is it a continuation of legend or a slide into the abyss?
🔥 Whales stir up trouble again! On-chain data shows that early this morning, the crypto world’s “legendary gambler” James Wynn performed another thrilling operation: Crazy replenishment: Withdrawing $2.78 million USDC from Binance to Hyperliquid, plus $6.11 million USDC obtained from selling 443.7 billion PEPE in the past 24 hours, total investment is nearly $9 million, increasing BTC long positions to $760 million (7029 BTC, 40x leverage); The death line approaches: Current opening price is $108,334, liquidation price is $107,039 (only about 1.2% drop), under high leverage it’s like “licking blood off a knife's edge”; PEPE liquidation blood transfusion: Decisively cutting losses on MEME coin positions, focusing firepower on betting for BTC rebound, showcasing his ruthless style of “cutting off an arm to survive.”
Recently, the market is mostly filled with positive news. In the last two days, it may reach 110,000 by the end of the month, and look towards 130,000 by mid-next month. The bullish sentiment from last night has already seen Bitcoin move over a thousand points. Continuing to look up near the resistance level of 109.
5.29 Morning Thoughts The K-line in the recent hourly level shows a fluctuating trend. The current price has fallen below the closing price of the previous bullish candle but is near the recent price center. On the daily level, a small bearish candle with a long lower shadow was formed yesterday, indicating that there is some support around 107-108.
The RSI indicator shows that the current price is out of the overbought and oversold range, indicating a state of consolidation.
Operational Strategy: Go long at 1065-1075, target 109-115