Binance life is not my life, my life always lacks a bit of this kind of luck. I have never encountered a situation where my large position has increased by a hundred times in a few days, so I don't have that overwhelming feeling. Congratulations to those who have experienced it.
What I am currently doing is still in Bitcoin $BTC , which has not yet significantly broken away from its previous high. I take a look at the high points on the 4-hour chart and then pick through the news to see if there are any opportunities with small coins or clones. #BTC
The current focus is whether the area around $BTC 632 can be effectively treated and the bleeding stopped; if not, the situation below may be in danger.
Big pancake $BTC , still receiving channel suppression and unable to break through. That empty space is actually quite good. As of now, I think the key is whether, around 6.32, we can see a needle-like reversal that stops the fall. If it breaks below, the target will extend to the earlier low—below 613—first completing a deep retracement (probability 60%). #BTC
Big pancake $BTC breaks below the 6.37 area; the four-hour structure has changed. The current price is near the support line, so there is a need for a rebound. After the rebound, it is relatively reasonable (🈳). Reference range: 642-645. Defend 65 #BTC
Not bad. Big pancake $BTC didn’t destroy the structure, and it didn’t reach the conditions that would make me turn around—so naturally we continue to look at the higher target position.
Near the 6.57 pressure level, it looks like the four-hour chart formed a bearish pattern. However, as long as it can’t quickly fall back below 6.46, I believe this is only likely to be a pressure-induced fakeout, with a higher probability of grinding upward. #BTC
July 22 $BTC market trend The daily timeframe might not have finished yet, but you should have a clear mind about what you should do within the target range.
July 21 $BTC market update Like a repeat recorder, every day is the same viewpoint, nothing has changed. Should be able to recharge some faith, right? On the car, give BRO a like.
The larger-degree level isn’t in place yet, but both time and space are fairly limited. For new positions, it’s best to treat them as short-term trades, and prioritize going long on dips.