Currently we have two order-trading accounts, each targeting a different market:
① The Never-Ending Dream We mainly trade crypto assets, primarily cryptocurrencies such as BTC and ETH. We also participate in crypto futures copy trading. The 7-day staged return is 53%.
② Orange Research Institute We mainly trade U.S. stock assets, focusing on U.S.-stock-related instruments. At present, we have one live account for copy trading with about a month of track record, and the staged return is approximately 40%.【Trade frequency: 2–5 entries per month】
Private-domain copy-trading invite code: 8W14NPoX
The two accounts have different philosophies, but they share one common point: controlling drawdowns and trading steadily and prudently. We don’t pursue reckless, all-in gains.
If you haven’t copied our trades before, you can first use a small amount of $100–$1,000 to experience our strategy for a period of time, then decide whether to increase funds based on your own situation.
Returns will fluctuate, and drawdowns may occur as well. Validating your confidence with small capital is more important than going heavy from the very start.
Understanding Bitcoin in One Article: Short-term Trading Logic + Medium-term Risks + Long-term Opportunities
Bitcoin's recent decline has been rapid and fierce. The first strong support we anticipated at 69000 was only slightly resisted before being broken. The trend then continuously fell below the second strong support at 63000, plunging to 60000 before rebounding and beginning to stabilize. 69000 This area is the shallow bear position we defined, and we had high hopes for it, but faced with a reality as fragile as paper, we need to update our thoughts on the upcoming market. The trend has formed, the shallow bear is unlikely, and the deep bear has become a reality! Looking back at 2025, the most common phrase we hear is that the four-year cycle of Bitcoin has failed, but the market in the past few months has given us a loud slap in the face with reality. As we said, the cycle may be weakened, but it will never fail!
【BTC is starting to rebound on rising volume, and the daily MACD is about to form a golden cross above zero. Is the market about to turn?】
My overall view of BTC’s price action over the past couple of days has been that it will continue to move sideways and test investors’ patience. However, there’s no need to be overly bearish: downside is limited, and patience will pay off.
The market has largely followed that pattern. After hovering around 81,000 for quite a while, it has finally made a decent push higher and is now testing resistance at 83,400.
Volume has picked up somewhat during the rise, but it’s still not enough. It looks more like the market is still building momentum. Given the recent sharp declines in overseas financial markets and the many negative factors, BTC has held up without a major drop, showing clear strength. Also, the daily MACD is about to form a golden cross above zero, and the price action is developing in a positive direction.【❤️See image 1】
It’s hard to say whether BTC will break straight through 83,400 or move sideways again first, but I’m still leaning optimistic. It may just be a matter of time. The real challenge lies around 85,100.
The short-term strategy is actually fairly simple: as long as BTC’s daily close stays above 80,400, we’re in the safe zone. If it falls below that level, it may need to retest lower levels, as this is an important support level.
To the upside, BTC needs to hold above 85,100 before it has a chance to challenge the previous high—or even make a new one!
Trading plan: Continue holding a heavy spot position【❤️See images 2–4】
【 BTC bearish momentum is starting to fade, and 85,000 remains key! Wait patiently for the market to build momentum 】
BTC has been going in circles lately. A small rise makes you think it’s about to break out, while a slight dip makes you wonder whether the market is losing steam. Chasing a rally risks getting trapped, while selling into a dip risks missing the rebound—and futures traders can get hit from both sides.
But looking at the current chart, our view from yesterday hasn’t changed: the consolidation is showing signs of nearing its end. A further short-term pullback is still possible, but there’s no need to become overly bearish because of it.
Bearish momentum on the 4-hour chart has eased somewhat, and the falling wedge is also showing some positive signs. Watch support around 79,400, with 78,600–76,100 as the next area below. To the upside, 85,000 remains the key level. Only a high-volume breakout followed by a sustained hold above it would give the market a chance to take another run at the previous high of 87,300. 【❤️As shown in Figure 1】
Right now, the most important thing isn’t guessing what each candlestick will do, but being clear about your trading timeframe. For spot traders, short-term swings of a few percentage points aren’t worth constantly reacting to. As long as your overall outlook hasn’t fundamentally changed, there’s no need to let the market lead you around by the nose.
Hold on to what you should hold, and wait patiently for what you’re waiting for. At this stage, checking the charts less and trading less is more important than chasing every daily fluctuation. Wait for the market to truly choose a direction.
【 BTC keeps springing bull and bear traps—third time’s the charm! A decisive move may be coming this week 】
$BTC The grueling sideways market continues, with frequent bull and bear traps in a narrow range. This has little impact on spot traders, but is very unfriendly to highly leveraged users. The clear aim is still to flush out high-leverage liquidity from the market.
The weekly chart looks much like last week’s, with another small candle and a long lower wick. Price has moved lower, with support below and resistance above. This can’t go on forever, so a directional move this week looks very likely.
On the daily chart, price remains capped by the broken lower boundary of the short-term channel at 83000. The rebound lacks volume and is clearly under pressure. However, MACD has started to flatten after touching the zero line, suggesting selling pressure has eased. 【❤️As shown in Figure 1】
On the four-hour chart, Bitcoin is moving within a descending wedge. Resistance at the upper boundary is still around 85000, while support at the lower boundary has moved down to 79450. After a bullish MACD divergence, a second golden cross has formed. Despite several sell-offs, the MACD red bars have been relatively limited, showing that bearish momentum is clearly fading. 【❤️As shown in Figure 2】
Taking the overall pattern, trading volume, and momentum into account, the sideways market appears to be nearing its end. The price action may remain complicated, but there’s no need to be excessively bearish. If the decline continues, 79400 at the lower boundary of the wedge is a good level to watch. Even if that breaks, the next major support zone, from 78600 to 76100, is not far below. This won’t make much difference to spot traders, but it could be painful for futures traders, so I wouldn’t recommend it.
As for the upside, there are several hurdles: 83000, 85000, and the previous high of 87300. A breakout will need strong volume. The key level to watch is 85000, which is the dividing line for the market. A breakout above it would open the door to new highs. Until then, expect more sideways price action and be patient!
【 BTC keeps springing bull and bear traps—third time’s the charm! A decisive move may be coming this week 】
$BTC The grueling sideways market continues, with frequent bull and bear traps in a narrow range. This has little impact on spot traders, but is very unfriendly to highly leveraged users. The clear aim is still to flush out high-leverage liquidity from the market.
The weekly chart looks much like last week’s, with another small candle and a long lower wick. Price has moved lower, with support below and resistance above. This can’t go on forever, so a directional move this week looks very likely.
On the daily chart, price remains capped by the broken lower boundary of the short-term channel at 83000. The rebound lacks volume and is clearly under pressure. However, MACD has started to flatten after touching the zero line, suggesting selling pressure has eased. 【❤️As shown in Figure 1】
On the four-hour chart, Bitcoin is moving within a descending wedge. Resistance at the upper boundary is still around 85000, while support at the lower boundary has moved down to 79450. After a bullish MACD divergence, a second golden cross has formed. Despite several sell-offs, the MACD red bars have been relatively limited, showing that bearish momentum is clearly fading. 【❤️As shown in Figure 2】
Taking the overall pattern, trading volume, and momentum into account, the sideways market appears to be nearing its end. The price action may remain complicated, but there’s no need to be excessively bearish. If the decline continues, 79400 at the lower boundary of the wedge is a good level to watch. Even if that breaks, the next major support zone, from 78600 to 76100, is not far below. This won’t make much difference to spot traders, but it could be painful for futures traders, so I wouldn’t recommend it.
As for the upside, there are several hurdles: 83000, 85000, and the previous high of 87300. A breakout will need strong volume. The key level to watch is 85000, which is the dividing line for the market. A breakout above it would open the door to new highs. Until then, expect more sideways price action and be patient!
【 Bitcoin enters a choppy, grinding phase: hold your spot, don’t get shaken out by a wick 】
Yesterday, we said that after Bitcoin briefly wicked below 80,000 and then formed a long wick, this couldn’t yet be considered a confirmed breakdown. The key is still the daily close.
Bitcoin has now returned to its previous trading range. The daily chart shows rising volume and a long lower wick, a bullish divergence has been confirmed on the 4-hour chart, and the daily MACD is also approaching support at the zero line. Short-term indicators and price action have both improved somewhat.
For now, keep an eye on the 84,000–85,000 range. Whether Bitcoin can break through and hold above it will determine if it can make another run at the previous high in the short term. If it continues to fail to break through, the market will likely remain choppy, so be prepared for more sideways trading.
But for spot holders, there’s no need to be overly bearish here. We remain bullish on the broader trend. Even if Bitcoin moves down to test lower levels again in the short term, the area around 78,000 is worth watching closely and is expected to provide strong support.
Also, from a risk-reward perspective, compared with chasing the rally, the downside risk and potential upside from current levels are not entirely balanced.
So keep holding your spot, watch more and trade less. Don’t let short-term wicks scare you into constantly changing your position. Choppy markets are the most exhausting; the most comfortable trades often come after the direction becomes clear.
❤️ Be sure to check out Figures 1 and 2 for key points. For reference.
【 $BTC High-volume long-wick close; 4-hour bullish divergence confirmed! 84,000–85,000 is the next key zone 】
Last night, I said there was an increasing chance Bitcoin would be pushed below 80,000. Sure enough, after testing the level several times, it finally broke below 80,000, dipped to 79,800, and then closed with a long wick.
So, does this mean the defense has failed and the decline is about to continue? Let me clarify: when we talk about a breakdown, we generally mean a confirmed breakdown. Major support levels are usually judged by the daily close, so a brief wick below the level doesn’t count.
You can think of it as a lot of stop-loss orders and liquidations clustered around 80,000. The whales simply pushed the price below that level to take out the liquidity underneath.
Bitcoin has now returned to its previous trading range. The daily candle closed with a long wick on high volume, the 4-hour bullish divergence has been confirmed, and the daily MACD is approaching support at the zero line. Both the indicators and price action are looking better. 【❤️As shown in Figure 1】
Next, we’re back in the cycle again. For now, keep an eye on the 84,000–85,000 range. If Bitcoin can’t break through, we may see more back-and-forth price action. If it breaks through and holds above the range, then it can continue heading toward new highs! 【❤️As shown in Figure 2】
Now you can see why we’ve kept emphasizing that this market will be very complex. These choppy phases are simply frustrating; trading gets much more comfortable only after the market picks a direction.
For spot, stay patient and avoid making too many moves. Let’s wait for the market to choose a direction!
Trading plan: Yesterday, near BTC’s low, I repeatedly reminded you that adding to your position was appropriate, but selling at a loss was not. Hold on to your spot holdings; we remain heavily invested in spot for now. 【❤️As shown in Figure 3】
【BTC fails to break through 85,000. Where next? 78,600–76,100 is a key zone】
❤️Figure 1 contains a lot of notes, so be sure to take a look. Many of these ideas may be helpful for spot trading.
Bitcoin was hit by the bearish surprise of higher-than-expected U.S. core CPI, missing a prime opportunity to break through 85,000 before turning downward and once again approaching the 80,000 mark.
As we’ve said before, around 80,000 is a key support zone. It has indeed held back two waves of selling, but the market is clearly weakening. Tonight’s PPI data is also bearish, making it increasingly likely that the 80,000 support will be broken.
Fortunately, price has fallen back from above 84,000. If 80,000 breaks, that would confirm 87,395 as a first-stage top. The subsequent pullback could then be seen as an extension of the retracement that began at 87,395, meaning much of the correction in both time and price would already have played out—and the decline may be more gradual.
Let’s take a look at the Fibonacci levels. The three key levels are 80,411, 76,090, and 72,597. It’s now unlikely that 80,411 will hold. Given that we expect the correction to be relatively mild, around 76,100 looks like a more suitable level to watch.【❤️See Figure 2】
Now let’s look at the moving averages. The weekly EMA52 is around 78,600. This is a highly significant moving average; if you’re interested, you can check it against the weekly chart. The support on the first retest was quite strong. Taking all of this into account, we don’t expect much further downside for Bitcoin. The 78,600–76,100 range is worth watching closely.【❤️See Figure 3】
As for altcoins, Bitcoin dominance has broken above the resistance of the triangle range and continues to rise. As prices fall, altcoins are likely to be drained of liquidity even more noticeably. If you enter the market, be sure to scale in gradually—don’t go all in at once, or you could end up in a difficult position!【❤️See Figure 4】
Trading suggestion: Personally and as a community, we are already heavily positioned in spot. Those with smaller positions may consider adding gradually.
【All positions in the community have been bought back around 82,000! Can Bitcoin use tonight’s CPI release to break above its previous high?】
Bitcoin’s pullback has largely followed the pace we expected. It retested the previous low and found solid support, then bounced smoothly. It’s now around 84,100.
Next, all eyes are on 85,000. Whether the price can break through decisively will determine if it can continue toward the previous high in the short term (the trendline resistance).
U.S. CPI data is due at 8:30 tonight, and volatility may pick up around the release. The market’s biggest concern right now is inflation coming in higher than expected and shifting interest rate expectations. So don’t just watch whether prices go up or down tonight—also watch how the market reacts after the data comes out. (Reuters)
In the community, all spot positions have now been bought back around 82,000, so we’re currently heavily invested in spot.
Now that our positions are back up, patience is even more important. If 85,000 breaks, we’ll keep watching for the previous high and possibly a new high. If the breakout fails, we also need to accept the possibility that the market will continue to trade sideways.
As a seasoned crypto trader, the most important thing isn’t getting every call right. It’s having a plan in advance, holding on when the opportunity comes, and knowing how to respond when risk appears.
Tonight, focus on CPI and 85,000. Wait for the market to show its direction before making a judgment, and don’t lose your rhythm over a few sudden wicks.
Trading suggestion: Continue holding your spot positions and wait for a chance to exit near the highs and trade the swings.
【BTC fell without breaking support—does that give it more confidence to break out? Keep a close eye on 85,000 next】
Yesterday, we said Bitcoin was facing significant resistance around 85,000. After meeting resistance, it would most likely look for support lower down, with 82,100 as the first key level to watch, followed by 80,400.
So far, the market has broadly moved as expected. Bitcoin has retested the area near its previous low, and support held as anticipated. It then rebounded smoothly, completing a second test of support.
The key level to watch next is still 85,000.
Looking at the price action so far, resistance here is considerable. Even if Bitcoin makes another attempt in the short term, it may still trade back and forth. But completing this second test shows that support below has held up, giving it more confidence for a potential upside breakout.
So, for now, the overall outlook is cautiously optimistic.
If Bitcoin can break above 85,000 convincingly and hold there, it may have a chance to challenge its previous high and perhaps even reach a new one. However, be alert to the possibility of a short-term bull trap after a breakout. Don’t chase the rally blindly just because the price has broken out.
For now, keep watching to see whether Bitcoin breaks through 85,000. There’s no need to rush into buying or selling. Support has been confirmed, so a rebound is possible, but the next phase of the trend will ultimately depend on whether the price can decisively hold above this key resistance level.
The second test is complete; keep watching 85,000. If it breaks through, the previous high is next—but the higher it goes, the more mindful you need to be of the risks.
Position: Currently heavily invested in spot; just continue holding
【 $BTC Capped by 87268 for Two Consecutive Months! Why Can’t It Break Through in the Early Bull Market?】
Bitcoin’s price action over the past couple of days has been testing our patience. After briefly dipping below 80,000 and recovering, it ran into resistance near 85,000 and has continued to move sideways within a narrow range.
On the weekly chart, we have a moderately bearish candle down 3%, erasing the previous small bullish candle. However, it also has a long lower wick, suggesting that gains may be hard to come by this week, while buyers are stepping in to support the price on dips. A smooth decline is unlikely either, so the most likely scenario is continued weak, range-bound trading.
On the daily chart, the price is currently meeting resistance near 85,000 at the breakdown trendline we’ve been watching closely. Whether it can reclaim and hold this level will determine what happens next. If it gets back above and holds, it could revisit the previous high or even set a new one. If it continues to fail to break through, the market will weaken and move lower.
Looking at the monthly Bollinger Bands, the price has been capped by the middle band at 87268 for two consecutive months. As the dividing line between strength and weakness in the broader trend, this level won’t be easy to break decisively. It will take repeated attempts and sustained accumulation of trading volume—which is exactly why we characterize this as the early stage of a bull market!
Overall, resistance near 85000 remains significant for now, and the most likely scenario is a rejection followed by a move down to look for support.
That said, the downside may be limited. First, watch 82100, followed by the Fibonacci 0.236 level at 80400. This level has already held during a previous decline, so near-term support looks fairly solid.【❤️As shown in Figure 1】
For now, it’s best to watch more and trade less. The price action ahead may be more complex than expected, so it’s safer to wait until the direction becomes relatively clear before making a decision!
Trading plan: I’ve now fully replenished my Binance community spot position near the lows, around 82000. I’m currently heavily invested in spot, so I’ll simply hold.【❤️As shown in Figure 2】
【 $BTC Capped by 87268 for Two Consecutive Months! Why Can’t It Break Through in the Early Bull Market?】
Bitcoin’s price action over the past couple of days has been testing our patience. After briefly dipping below 80,000 and recovering, it ran into resistance near 85,000 and has continued to move sideways within a narrow range.
On the weekly chart, we have a moderately bearish candle down 3%, erasing the previous small bullish candle. However, it also has a long lower wick, suggesting that gains may be hard to come by this week, while buyers are stepping in to support the price on dips. A smooth decline is unlikely either, so the most likely scenario is continued weak, range-bound trading.
On the daily chart, the price is currently meeting resistance near 85,000 at the breakdown trendline we’ve been watching closely. Whether it can reclaim and hold this level will determine what happens next. If it gets back above and holds, it could revisit the previous high or even set a new one. If it continues to fail to break through, the market will weaken and move lower.
Looking at the monthly Bollinger Bands, the price has been capped by the middle band at 87268 for two consecutive months. As the dividing line between strength and weakness in the broader trend, this level won’t be easy to break decisively. It will take repeated attempts and sustained accumulation of trading volume—which is exactly why we characterize this as the early stage of a bull market!
Overall, resistance near 85000 remains significant for now, and the most likely scenario is a rejection followed by a move down to look for support.
That said, the downside may be limited. First, watch 82100, followed by the Fibonacci 0.236 level at 80400. This level has already held during a previous decline, so near-term support looks fairly solid.【❤️As shown in Figure 1】
For now, it’s best to watch more and trade less. The price action ahead may be more complex than expected, so it’s safer to wait until the direction becomes relatively clear before making a decision!
Trading plan: I’ve now fully replenished my Binance community spot position near the lows, around 82000. I’m currently heavily invested in spot, so I’ll simply hold.【❤️As shown in Figure 2】
【 $BTC The drop nearly broke 80,000! Why am I still bullish on $180,000—$200,000?】
The past couple of days have really been a bit scary for Bitcoin.
The 83,500 support level up front failed to hold, and the price dropped straight to 80,393 at the low, just a hair away from punching through the last line of defense at 80,000. Although the daily candle closed back above 81,754, this selloff was both fast and brutal, and the short-term structure has already been damaged.
So, the previous expectation of 90,000, I’m now proactively lowering to around 87,000.
First, watch 82,800 above, then 85,000. If the rebound reaches that area but still can’t break through, be careful that 87,395 may become the stage top. There is also a dense area of short positions around 84,000 and 86,800, so pay close attention if price reaches those levels.
But as a veteran who entered the crypto market in 2017, I’m not going to overturn the entire bull-market thesis just because of one big bearish candle.
The broader trend is still bullish; it’s just that this bull run may be moving faster than before. If the cycle comes earlier, the top may also come earlier, but the long-term target is still $180,000—$200,000.
Of course, being bullish doesn’t mean going all-in blindly right now.
If you already hold spot positions, you can keep holding them. If the market continues to pull back in the short term, 75,000—78,000 is a zone worth watching. As for altcoins, I’d rather look for projects like UNI, AAVE, and HYPE that have revenue, buyback, or burn mechanics, instead of chasing whatever coin is pumping the hardest.
Keep total altcoin exposure within 30%, and leave the rest of your capital for real opportunities.
In a bull market, the hardest thing isn’t being bullish — it’s staying bullish while still controlling your position size.
【U.S. stocks, Treasury yields, and oil prices pile on the pressure! BTC bottoms at 80393—could 87395 mark a local top?】
$BTC After the U.S. government repeatedly transferred seized assets to exchanges, and amid a sharp evening sell-off in U.S. tech stocks, a surge in Treasury yields, and a jump in oil prices, BTC suffered a steep decline, plunging to a low of 80393—just a hair’s breadth above the final line of defense at 80000.
Although the low still landed near the lower end of our expected range, around 81000, the high-volume plunge straight to 80000 with no pause was a little too deep.
Fortunately, the daily candle still closed back above 81754. It wasn’t a decisive breakdown, which bought the market some time to rebound.
Since the support zone was cleanly and decisively broken, damaging the structure, we should lower our expectations for a new high.
BTC has already gradually erased its largest bearish candle on the one-hour chart, and the MACD has formed a very clear bullish divergence. However, a bullish divergence on a higher timeframe has yet to take shape, so this rebound probably won’t be a smooth one, and its strength remains to be seen【❤️As shown in Figure 1】
Right now, price is facing the first resistance near 82800. Based on the price action, a break above this level seems fairly likely. Above that, price will encounter resistance near 85000 at the broken trendline. That’s where things become uncertain. If price can’t push higher, we may see a rebound to retest the breakdown, which would greatly increase the odds of 87395 being the top【❤️As shown in Figure 2】
We should also lower our highest expected target from around 90000 to around 87000. If price reaches that level, consider it an opportunity to significantly reduce your position. There probably won’t be much room left to run, so it’s more prudent to wait for a pullback and then buy back in.
The liquidation map shows two clusters of short positions, around 84000 and 86800, which broadly coincide with our resistance levels. Keep a close eye on price when it reaches these areas!【❤️As shown in Figure 3】
Altcoins have taken a double hit during the decline: the drop itself, plus BTC sucking liquidity out of the market. As a result, they’ve fallen particularly hard. Looking at market dominance, there’s still a little room before it reaches resistance, so don’t chase altcoins that have already surged. They’re always the first to get hit when BTC sucks up liquidity, so be mindful of the risk!【❤️As shown in Figure 4】
Trading plan: Yesterday, those who sold near 87000 to trade the range while BTC was between 81000 and 82000 have now fully bought back in. We’re waiting to take profits and exit in batches near 86000.
【U.S. stocks, Treasury yields, and oil prices pile on the pressure! BTC bottoms at 80393—could 87395 mark a local top?】
$BTC After the U.S. government repeatedly transferred seized assets to exchanges, and amid a sharp evening sell-off in U.S. tech stocks, a surge in Treasury yields, and a jump in oil prices, BTC suffered a steep decline, plunging to a low of 80393—just a hair’s breadth above the final line of defense at 80000.
Although the low still landed near the lower end of our expected range, around 81000, the high-volume plunge straight to 80000 with no pause was a little too deep.
Fortunately, the daily candle still closed back above 81754. It wasn’t a decisive breakdown, which bought the market some time to rebound.
Since the support zone was cleanly and decisively broken, damaging the structure, we should lower our expectations for a new high.
BTC has already gradually erased its largest bearish candle on the one-hour chart, and the MACD has formed a very clear bullish divergence. However, a bullish divergence on a higher timeframe has yet to take shape, so this rebound probably won’t be a smooth one, and its strength remains to be seen【❤️As shown in Figure 1】
Right now, price is facing the first resistance near 82800. Based on the price action, a break above this level seems fairly likely. Above that, price will encounter resistance near 85000 at the broken trendline. That’s where things become uncertain. If price can’t push higher, we may see a rebound to retest the breakdown, which would greatly increase the odds of 87395 being the top【❤️As shown in Figure 2】
We should also lower our highest expected target from around 90000 to around 87000. If price reaches that level, consider it an opportunity to significantly reduce your position. There probably won’t be much room left to run, so it’s more prudent to wait for a pullback and then buy back in.
The liquidation map shows two clusters of short positions, around 84000 and 86800, which broadly coincide with our resistance levels. Keep a close eye on price when it reaches these areas!【❤️As shown in Figure 3】
Altcoins have taken a double hit during the decline: the drop itself, plus BTC sucking liquidity out of the market. As a result, they’ve fallen particularly hard. Looking at market dominance, there’s still a little room before it reaches resistance, so don’t chase altcoins that have already surged. They’re always the first to get hit when BTC sucks up liquidity, so be mindful of the risk!【❤️As shown in Figure 4】
Trading plan: Yesterday, those who sold near 87000 to trade the range while BTC was between 81000 and 82000 have now fully bought back in. We’re waiting to take profits and exit in batches near 86000.
【 $BTC Another wick? 82200 enters a strong support zone, with a rebound target of 87000-90000?!】
Yesterday’s article mentioned that the support at 83500 was questionable. Sure enough, Bitcoin continued lower in search of support and has now retested 82227, reaching the upper end of our estimated range.
Looking at how the price action is developing, the one-hour candle closed with a long lower wick, so support here is clearly evident. However, the decline came with increased volume, and the bullish divergence is only on the one-hour timeframe. It’s hard to say whether there will be another sharp wick, but price has already entered a strong support zone. Even if it wicks down again to around 81000, there’s still a good chance it will hold. As long as price finds a bottom here and starts to rebound, we still expect it to go on to make a new high.
One thing to note, though: Bitcoin must not decisively break below the lower boundary of the September 20 breakout starting point. A break below would mean this rebound trade could be over—that level is 80126. So around 80000 is our last line of defense and deserves close attention! 【❤️As shown in Figure 1】
Back to the trading strategy: the most important thing in trading is the risk-reward ratio. From this level, the upside scenario is a new high, while the downside is a stop around 2000 dollars lower. Overall, the risk-reward ratio is quite favorable, making this a good entry point. If the market continues to develop as expected, the real risk is actually a false breakout near the new high. We’ve explained clearly what price action to look for and how to respond, so make sure you have a plan!
I exited 50% of my position near 87000 at the highs. I’ve now added back to 70% of my position, and still expect a rebound to 87000-90000. If price reaches that range, I’ll exit in stages. 【❤️As shown in Figures 2 and 3】
【 Repeated resistance at 87,000: Is Bitcoin’s first-stage rally nearing its end? Watch this range next 】
Bitcoin has tested the resistance near 87,000 several times but has yet to break through decisively. After news that a U.S. government address transferred out 833.6 BTC ($71.56 million) and that the funds had reached Coinbase, the market began to turn lower. Price failed to perform during the window period, which is a bit of a shame!
Bitcoin has now fallen below the smaller 4-hour ascending channel and found support at 83,500, but for now it remains uncertain whether it can stop falling here.
On the daily chart, the price has broken below the lower support of the wedge. If it cannot reclaim that level by the daily close, we’ll need to return to our previous view that it could retest the 82,200–81,000 area.
Looking at the MACD, the bullish crossover has failed and the fast line is starting to diverge downward, indicating weak momentum. Indicators across multiple timeframes are also showing a bearish crossover, so there’s still a high probability that the daily support level will fail. Fortunately, the strong support zone below isn’t far away, so patience is all that’s needed.
The first-stage rally is nearing its end, and complex, volatile price action is likely to be the norm from here. Don’t chase rallies or panic-sell—be sure to keep this in mind!
Position advice: Hold your existing spot position for now. Community exposure is currently at 50–70%. If the price reaches around 82,000, those with a 50% position can consider adding some back. The broader trend still has a strong chance of taking Bitcoin back to the 87,000–91,000 range.
【 Repeated resistance at 87,000: Is Bitcoin’s first-stage rally nearing its end? Watch this range next 】
Bitcoin has tested the resistance near 87,000 several times but has yet to break through decisively. After news that a U.S. government address transferred out 833.6 BTC ($71.56 million) and that the funds had reached Coinbase, the market began to turn lower. Price failed to perform during the window period, which is a bit of a shame!
Bitcoin has now fallen below the smaller 4-hour ascending channel and found support at 83,500, but for now it remains uncertain whether it can stop falling here.
On the daily chart, the price has broken below the lower support of the wedge. If it cannot reclaim that level by the daily close, we’ll need to return to our previous view that it could retest the 82,200–81,000 area.
Looking at the MACD, the bullish crossover has failed and the fast line is starting to diverge downward, indicating weak momentum. Indicators across multiple timeframes are also showing a bearish crossover, so there’s still a high probability that the daily support level will fail. Fortunately, the strong support zone below isn’t far away, so patience is all that’s needed.
The first-stage rally is nearing its end, and complex, volatile price action is likely to be the norm from here. Don’t chase rallies or panic-sell—be sure to keep this in mind!
Position advice: Hold your existing spot position for now. Community exposure is currently at 50–70%. If the price reaches around 82,000, those with a 50% position can consider adding some back. The broader trend still has a strong chance of taking Bitcoin back to the 87,000–91,000 range.
【Is 87,000 just the first hurdle? BTC’s next targets are 89,500, or even 92,000!】
$BTC has been moving in a narrow range, with higher lows and a relatively strong trend. It’s showing signs of gradually improving by moving sideways instead of falling. Support has moved up to around 83,700, and downside potential has been reduced.
The weekly chart closed with a small bullish candle and is steadily moving up, with nothing unusual in sight. After a bearish MACD crossover on the daily chart, the fast and slow lines have become entangled rather than diverging downward, and could cross bullishly at any time. On the 4-hour chart, there’s a bullish crossover above the zero line, and the consolidation phase is complete.
Overall, price is currently capped by resistance at 87,000, but selling pressure is weak. When a market refuses to fall, watch for a potential rise.
The 87,000 resistance overhead is bound to be broken. The neckline of the previous major head-and-shoulders top has moved up to around 89,500, which should be reached.
Since most short positions in the market are placed between 89,000 and 90,000, if price reaches 89,500, it will most likely keep going to liquidate more shorts and capture liquidity higher up. It could spike to around 91,000–92,000, so just keep that in mind! 【❤️As shown in Figure 1】
First round of buying the dip: ETH at 1,556, SOL at 65, about 40% of the total position 【❤️As shown in Figure 3】
Second round of buying the dip: ETH at 2,400, SOL at 98, MSTRB at 157.6 【❤️As shown in Figure 4】
【 Can BTC still reach 87,000–89,000? Take 50% profits at the high first. Close out ETH at 2716 and SOL at 121 to lock in gains. The next opportunity then waits at 81,000–82,300 】
Yesterday, Bitcoin surged again and even tested around 87,200, hitting the resistance zone we mentioned earlier.
Today, the low was around 83,888.
Actually, I already prepared for this in advance. Yesterday, at the high, I had the community close 50% of the position directly: ETH 2716 was taken out for profit, and SOL 121 was taken out for profit.【❤️ See Figures 2 and 3】
Why sell?
It’s not because I’m bearish. When price reaches this level, the profit is already substantial. As an old “weed” who entered the crypto market in 2017, the biggest lesson I’ve learned is: eat when it’s time to eat, and when it’s time to run, don’t be reluctant.
Going forward, I’m not in a hurry to re-enter.
For the short term, Bitcoin still needs a pullback. The key area to watch is 81,000–82,300.
If later the pullback comes in and the structure stabilizes again, then re-open the positions that were previously sold for profit, and continue waiting for the next wave of rebound.
My plan right now is still quite clear:
First pull back to 81,000–82,300, then watch for a rebound to 87,000–89,000【❤️ As shown in Figure 1】
Of course, the market won’t follow the script perfectly, but since the position size has already been reduced, you’re the one holding the initiative.
Take profit at the high, re-enter at the low—what’s left is patience.
【 86600 is the key! If BTC holds here, keep watching for 89,000—but if it’s above 87,000, you sell the more it rises, right!?】
$BTC hit a high around 86,900 today, right at the resistance zone we’ve been emphasizing ahead.
The key now is whether 86,600 can hold. If BTC can hold 86,600, then the short-term structure remains relatively strong; next, it will most likely attempt another push toward 89,000. If it can’t get up there, then it will continue the earlier view of a pullback into the range【❤️ as shown in Figure 1】
But at this point, my thinking is already very clear: don’t chase the rally—just take profits.
The current plan is still to start taking profits in batches above 87,000. You can consider splitting it into 4 parts: take profit once for every additional $1,000 rise.
Sell all the way up—87,000, 88,000, 89,000…—until the overall position size is reduced to below 40%.
By the time the market has reached here, it’s no longer like the earlier days around 75,000 or 82,000, when you could be bold and go in hard. What you need to do now is realize profits as price rises, keep the remaining position for the market to continue pushing higher, and also give yourself enough room to maneuver.
First round of bottom-buying: ETH 1556, SOL 65, total about 40% of the position【❤️ as shown in Figure 2】
Second round of bottom-buying: ETH 2400, SOL 98, MSTRB157.6【❤️ as shown in Figures 3 and 4】
In one sentence: If 86,600 holds, watch 89,000—but above 87,000, sell as it rises.
【 Big Cake 85600 surged and then pulled back—does the short-term need to dip again? Above 87,000, there’s only one thing to do: take profit in batches!】
Yesterday’s $BTC was pushed up by the PCE news and briefly surged to around 85,600, but after the spike there wasn’t an effective breakout. Today it has returned to around 83,600.
The market is still in a consolidation-and-adjustment phase. The short-term trend is relatively weak, but for now the overall structure hasn’t shown any clear breakdown.
From the 4-hour chart, I actually hope it will make another new low here to form a bottom-divergence structure, and then work together with a rebound in volume—this way, the following rise will be more solid.
So whether BTC chooses to bounce directly or continues to probe lower, the overall approach remains unchanged.
Keep watching the 82,200—81,000 area below. This is still an important support zone.
As long as there’s no effective breakdown, there’s no need to panic too much about the adjustment.
But the plan for the upside operations also stays the same:
Start reducing positions in batches above 87,000—sell more as it rises.
Because this leg of the market is already in the later stage, the higher it goes, the greater the risk.
There’s no need to rush to guess the top, and there’s no need to chase every bounce.
Wait for structure, wait for opportunities—buy low and sell high.
First round of dip-buying: ETH 1556, SOL 65, total about 40% position【❤️ as shown in Figure 2】
Second round of dip-buying: ETH 2400, SOL 98, MSTRB157.6【❤️ as shown in Figures 3 and 4】
[【 BTC82563 rebound failed; 4-hour bottom divergence is waiting for a new low: can 81000 be held? 】]
$BTC The price dropped to 82563, then saw a slight rebound. However, during the rebound there was no clear accompanying volume, so it stalled below the smaller dense liquidity zone at 85000, and then fell again. It is still continuing to search for a low.
From the 4-hour chart, a bottom divergence is in the process of forming, but it still needs a new low to confirm. Therefore, for now it’s not appropriate to quickly judge that the selloff has already bottomed out.
So the overall view remains the same as before:
Keep an eye on the 82200—81000 area; sell in batches above 87000 USD【❤️ as shown in Figure 1】
Even though the market is in a corrective phase now, overall it’s still relatively healthy, and there’s no need to overpanic due to a short-term pullback.
Instead, what matters most right now is not to chase after pumps.
Especially for altcoins: the recent downward move has been clear. In a weak and choppy environment, coins that surge strongly today may completely experience a sharp downside gap tomorrow. So the current risk coefficient remains fairly high.
At this stage of the market, it’s no longer the kind of phase where you can just blindly go all in.
The further it goes, the more patience you need.
Wait for the pullback to reach key levels, then look for low-buy opportunities; if the rebound reaches a resistance area, continue taking profit at high points.
The current plan to exit in batches above 87000 for BTC is still unchanged. The higher it goes, the higher the risk.
First round of bottom-buying: ETH 1556, SOL 65, total about 40% of the position【❤️ as shown in Figure 2】
Second round of bottom-buying: ETH 2400, SOL 98, MSTRB157.6【❤️ as shown in Figures 3 and 4】
【 Monthly MACD is about to form a golden cross, but the daily chart shows a top divergence! Can BTC still surge to 90,000 next?】
$BTC declined as expected, once again pulled back to the 83,000 range. The trend is a bit weak, but it’s still within a normal pullback category.
On the weekly chart, a small bullish candle closed—fairly straightforward. What’s especially worth noting is that in two days the monthly candle will close. If the current pattern holds, the MACD will continue to rise from the 0-axis and head toward a golden cross. This indicates that the market has already entered the early stage of a shift from bearish to bullish—so there’s no need to overthink it anymore!
As for the daily chart, the MACD is about to produce a death cross. This will confirm the daily top divergence and may act as a catalyst pushing prices downward in the future. However, since the larger trend has already changed, the total downside potential will be limited, so there’s no need to be overly anxious.
Also, after a death cross, pullback-and-rally moves (a fake-out to lure longs) usually appear. By using multiple top divergences to build the top, opportunities for some trades may actually show up here!
To sum up: the view remains the same. First, keep watching for the pullback. Look for the 82,300 to 81,000 range—there’s a high probability it will stop falling there. Then it should move upward to test the 87,000 to 89,000 range. It’s allowed to spike close to around 90,000, then the first phase of the rally ends and the official correction begins!【❤️As shown in Figure 1】
Don’t rush to worry about the exact correction location yet. We need to calculate it based on the final peak price of this round of rally. We’ll notify everyone as soon as it’s time!
Earlier, the main position was built in two rounds:
First round of dip-buying: ETH 1556, SOL 65, total about 40% of the position【❤️As shown in Figure 2】
Second round of dip-buying: ETH 2400, SOL 98, CRCLB 85.5【❤️As shown in Figure 3】
For execution: if the selloff does not break below 81,000 effectively, friends with a smaller position can add some back. When price rises into the space above 87,000, the higher it goes, the more you should sell to lock in profits—just that.