Zen-zen

Wow, such a serious question? 🤪

The decline is not an overnight occurrence, otherwise how can more people be trapped?
Most people cannot distinguish what determines the price, and trading leads to blind panic/fear.

So now, "How to trade after a drop and rebound? How far can it rebound?"

💖 First, let's look at BTC. Last night, the long position on the left side lost at 998, and I didn't trade while sleeping at 98k.
When I woke up, it rebounded but was also suppressed by the moving averages.
Pay attention to the long-short reversal around 1035. The downward trend line is also a support turned resistance that has been tested multiple times before. When the price reaches it, observe the closing line, and you will know how the market will move.
Will it rebound to the top and continue the four-hour level downtrend 📉, or will it show a wide fluctuation aiming for new highs? Pay attention to what reaction 1035 gives.

💙 Heat map shows bearish liquidity at 1035.
The rebound around 98k last night may trigger a liquidation of shorts upwards, resonating with 1035 on the market.
Tonight, the US market is very likely to decide whether this wave is a false breakdown followed by continued fluctuation (aiming for new highs) or a downward rebound. Just pay attention to 1035.

🧡 ETH broke through 2385 directly a couple of days ago, which shows the benefit of not holding positions.
If it really breaks, you will have hung up at the high point. Always be careful with left-side positions.

I slept through the rebound at around 2130 and didn't take it. The positions I did take were gradually reduced.

After the drop and rebound, the key level to watch is around 2300. The upward section is a blank area. A breakout can allow for right-side long positions aiming for the starting drop point of 2384 and 2450, reducing positions in batches.

MACD is below the zero axis; long positions are against the trend. Anyone caught in the rebound, whether in spot or contracts, should reduce positions (unless you want to be stuck in a crypto trap for at least a year).

The weekend broadcasts every day have become a bit silly, and I’m too lazy to write a push after the broadcast 🥺
"Don’t chase shorts and don’t play with fakes"
It was okay, gave a few chances to short, twice at 1063 over the weekend.

🎨 BTC on the daily level shows an absolute bullish trend, but it hasn’t been able to break the new high five times. The four-hour level is fluctuating, with two fluctuation ranges. The long and short reversal points are at 1066 and 1048, which have not been broken.

Before the market breaks out, we won't make subjective judgments. First, we need to know what level of orders we are making.

There is a bottom position for the long order at 102, but no additional long orders were taken. Small-level shorts are made, with 1065 also resonating with a drop and rebound around 0.5, so we’ll act when it’s in position, just lighter on the left side.

🩵 Looking at the heat map again, the long and short liquidity accumulated over the weekend ranges from 107k to 102k.

This kind of upward pinning with volume-price divergence is very likely to seize liquidity, also resonating with Fibonacci 0.5. Short-term shorts feel comfortable; otherwise, don’t do it.

So shorting at 1066, with no closing line, just a small position, stop loss with 500 points.

🍄 ETH on the daily level is under pressure at 2852; it really feels great to short ah ah.

"Don’t bet on breakthroughs in front of pressure, and don’t bet on breakdowns in front of support". Adhering to trading discipline means small losses and small gains, occasionally big gains, but absolutely no big losses!! What the hell is a surprise!! This is a surprise!!

However, ETH being like this is also normal. Wait for BTC to break out before making corrections in the rise and fall; it rarely stands alone. So at this time, if you want to do ETH, you can only wait for around 2686 to find a position to short.

🩰 Looking at SOL again, I feel like many newbies are watching me, or it’s just the weakest in the mainstream.

For SOL’s spot, just pay attention to two positions: around 140 and around 157.
On the night of that weekend, I mentioned in the channel that 140 was an excellent betting point. If it breaks, then chase the short on the right side. The stop loss can come back quickly. Just do it. During the live broadcast, I first sold 50 at 154. Buy if you should buy, sell if you should sell. If you ask me how big funds play, spot trading is enough!!

If calculated based on the rebound, the current price just hit the 0.618 of the rebound, but I have no interest in doing contracts for such altcoins that have been stagnant for so long.

Unless your foundation is very strong and your short-term trading sense is unbeatable, everyone can take care of themselves~

Recently it's been quite boring to see everyone posting abstract texts. The market is fluctuating around 1065-1035 to make some coffee money. However, it has entered a phase of reduced volume.

First, let's talk about BTC: After creating lower highs and lower lows, it has entered a downward channel. 1035 and 1015 are both very tempting positions to go long with small stop losses and a large risk-reward ratio. Even if you take a loss, you can still buy again lower down.

When trading contracts, the price point is more important than anything else. Do not bet on breakouts before resistance levels and do not bet on breakdowns before support levels. Just trade normally.

Looking at the heat map, there's resonance around 1035 with liquidity attraction. Above, there's also accumulation of short liquidity, leaning more towards fluctuations.

If the longs are cleared at 1035 without further testing 1015, then the shorts should be careful. Now we are in a phase of reduced volume and fluctuations, and there might be news on Friday that could lead to liquidation around 108.

If 1015 breaks down, it would be a pullback towards the 95 level on the weekly chart, and there's no need to hold on to the contract.

But! You can buy some spot and hold it. I've also stocked up on some spot at these long positions, like ETH and BNB, while observing SUI. Those who understand, understand.

The recent range fluctuations of ETH have been quite comfortable. Whether it's on the four-hour chart or smaller timeframes, it's a standard fluctuation. I really enjoy making short trades like this; for me, it's steady happiness. ☺️

The high-level consolidation of Ethereum looks quite nice, but I cannot bet on breakouts in contracts. If it breaks 2570, I could short from the right side, but 2548 has reached support, so the profit isn't significant anymore.

The large-scale fluctuation range of 2375 hasn't broken down, so it remains in consolidation. Just trade as usual.

If BTC enters a liquidation phase and further tests the weekly level, ETH would be my first choice for altcoin spot trading. If the exchange rate is favorable, it could be worth a shot.

I still don't recommend trading unstable altcoins. The market lacks direction, but playing with a small position is okay.

I'll stop writing here. If you have questions, feel free to leave a message in my live stream. Today, I'll try connecting a network cable to see if it improves the situation a bit. Recently, as the semester ends, I have a few days left to finish my assignments, and then I can stabilize my live streaming.

I have also improved and appeared on TV 🤣 I didn't steal the order, and it's not a paid channel. It's a public record of my daily trading diary.
Most of it is market analysis. There are insiders who like to embellish and send it to other bloggers to create misunderstandings 🧐

#本周高光时刻 Although I made money shorting before, but 74 shouting to go long in the spot market~ With this wave up, retail positions are very few, those without orders are all forced to cover. Going forward, it's a continuous rise, truly rewarding the brave~ Buy some on dips, brothers, don't short.

Cow returns quickly? The bottom warehouse is so awesome😢

I got called out 🤣 It's my first time doing a live stream and it starts in half an hour!