mystery蛋先生

Bitcoin Evening Outlook: Reference 4H
The interest rate cut early this morning is a certainty, so in this situation, it is best to avoid trading based on news. Betting on the volatility from this rate cut is too risky.

Currently, there are two positions to pay attention to in the short term. One is the POC zone; if this position does not break down, it is expected to continue challenging the upper resistance level, with the price around 913.

The other is the blue trend line position mentioned in the morning, with the current price around 90,000. Therefore, if trading tonight, it is best to go for the right side; if there is an opportunity, take it; if not, give up $BTC

Bitcoin Perspective: Reference 4H
Review: Yesterday mentioned the short-term 897-888 fluctuation zone was broken after multiple pullbacks, which is worth considering for multiple positions. However, since I shorted at 914, I subjectively think it will drop first and then rise, and the whole night a wave of pullback directly hit my stop loss, losing the fees, felt pointless.

So last night's market still faced resistance at the 937-940 level, plus with the interest rate cut tonight, it's better to observe and hold back for now, there's no need to gamble on the fluctuations from the interest rate cut.

Currently, two points the bulls need to pay attention to: one is the short-term upward trend line (blue), once the trend line is breached at any time, the short-term bullish structure will be damaged, and it can look down at the lower trend line (black).

Another point is that the black trend line is the last defense zone for bulls, and if it is breached, there is a high probability of accelerating the decline. Therefore, if you go long at this position without setting a stop loss, it is easy to get trapped, or even go directly to liquidation.

As for shorting, I will pay attention to two positions. One is the current 937-940 resistance level, but this position has been tested too many times, plus with the old Powell speaking tonight, I'm still unsure whether he will be dovish or hawkish, so I give up on shorting this position.

The second position is the 956-976 resistance zone, and the 0.618 of this segment's decline rebound just happens to be at the 972 position, so if I want to short Bitcoin, I will prioritize this area, and the risk-reward ratio is also good $BTC

Good morning, the big pancake at dawn is another four-hour false breakout $BTC

Awesome, I haven't lost or gained anything in this game these past few days, just worn out some fees, repeatedly tested the support, but subjectively I still think it will continue to drop, let's keep going 🫡$BTC
$ETH

No way, I've been watching the testing support level all day today, and it just won't break. The fluctuations are getting smaller and smaller. I was thinking about whether to take profits and observe the trend, but in the end, I still subjectively watched it break and then come back, which amounts to wasting time, losing a bit on the transaction fees $BTC

Big Coin View: Reference 1H
In the past two days, the fluctuations of Big Coin have become smaller, and it is not easy to trade long or short now. Yesterday, I shorted Big Coin at 914, and currently, it is still in a profitable state. Although I have set a breakeven stop-loss, I am also considering whether to step back and observe for a while.

897-880 is the fluctuation range that emerged over the weekend. From the current market perspective, it appears to be a pullback after breaking through the fluctuation range. Typically, this position is suitable for going long.

However, overall, Big Coin is in a fluctuating upward channel, so if one wants to go long on Big Coin, I personally tend to prefer the support at the lower edge of the channel, which, based on current price projections, is around 865. As time progresses, the price will also rise $BTC

Ethereum View: Reference 4H
Yesterday mentioned the downtrend line at 3175 was blocked, those who shorted made profits, but the egg didn’t profit here, it’s unsafe to not monitor the market at night so I set a stop-loss to sleep.

So today’s opinion remains the same as yesterday, going long can pay attention to the trend line position below, but in the short term, the level at 3057 can also be noted, which can be considered a small support, but still, as I said, this position is not recommended for direct left-side orders, it’s better to choose below $ETH

gm, yesterday said Ethereum 3175 could be shorted, unfortunately didn't dare to place a direct order, after being blocked on the right side and weakening, shorted at 3143, took a two-point drop, set the breakeven loss and went to sleep, woke up and the position was gone, wasted time 😂$ETH

The performance of Ethereum today has been too weak. There's no choice; Ethereum didn't dare to place an order at 3175, so I could only get on board to short after getting blocked.
Currently, I've already set it to breakeven, whether I can profit depends on this wave. For other bloggers, this return rate is already enough to take profit and brag, right? $BTC
$ETH

Ethereum Perspective: Reference 4H
Ethereum retraced to the Fibonacci 0.618 level of this wave yesterday and then rebounded. If this point wasn't captured, there are no thoughts of going long at the current price.

For shorting, I will pay attention to whether the downtrend line below 3175 is obstructed, resulting in a false breakout with a bearish engulfing signal. On the left side, I still see the pressure zone above 3260-3270, with a stop loss around 40 dollars, which still offers a reasonable risk-reward ratio.

For going long, the 0.618 level below is no longer suitable for left-side orders; it can be observed on the right side. However, the best position remains the support level at the trend line below 2800-2780, $ETH

Bitcoin Outlook: Reference 4H
Last Friday, it was mentioned that the key support for Bitcoin is around 90K. If it falls below this level, we will once again face a market correction to fill the vacuum in the 910-870 range. Last night, after the fill, there was a rebound, with the market swinging up and down, causing both long and short positions to suffer, making it difficult to play.

From a smaller time frame perspective, although Bitcoin has been consistently creating higher highs and higher lows in a bullish structure, from a larger time frame, this is a typical bear flag channel.

Therefore, following the channel strategy for trading, one can look for short opportunities at the upper edge of the channel and long opportunities at the lower edge of the channel. Additionally, the stop-loss is very small, and the risk-reward ratio is decent; just set a stop-loss on a breakout.

One point to note is that the current price at the upper edge of the channel is 955, but as time progresses, the price continues to rise. So do not stubbornly stick to a specific price point; be flexible. $BTC

What was said in the morning, a 90,000 order to go long can take a breakeven loss, don't forget it, already made a profit of 1,000 dollars $BTC

Bitcoin View: Reference 4H
After a significant drop, Bitcoin is undergoing a washout and has formed a consolidation channel pattern. The strong support to watch in the short term is around 90,000. If this level is not broken, Bitcoin is expected to continue testing the 94,000 resistance, and if broken, it can look towards the 96,000-98,000 range.

One point to note is that if you placed a buy order at 90,000, your stop-loss would be around 1,000 to 1,500 dollars. This is a must; otherwise, if it breaks this level, there is a high probability of continuing to draw down.

From the candlestick perspective, the last time a breakdown created a vacuum zone, and this time the rebound has also created a vacuum zone. Therefore, the current price range of 91,000-87,000 has a vacuum zone, and we need to be cautious about this point $BTC

The price of U has dropped again, and here I am with 860 spot bottom positions + I am trembling with my hands full of U, already losing money without doing anything 🤡$BTC

Yesterday 938 opened short without leaking, instead it hit my stop-loss, today I don't dare to open, now is it going to start leaking? $BTC

Pancake Short-term K-line Reference $BTC

🤡During this period, I haven't lost money on orders, but I've made a profit. However, the U price has fallen, and I have lost $USDT .

Ethereum View: 2H
Ethereum's performance has been stronger than Bitcoin in the past few days, so I will not participate in long positions at the current price, which is close to the 3250-3270 resistance zone.

Whether to short Ethereum depends on whether the subsequent price shows signs of weakness. Alternatively, it could be a false breakout short signal, $ETH

Bitcoin View: Reference 2H
Review: After multiple divergences in the last hour, I shorted Bitcoin at 938 yesterday, but it did not drop for a while. After a sudden drop at 10 PM, it was quickly pulled back, indicating that someone was supporting the price.

Looking at today, a double top + divergence has formed in 2H, but the price hasn't shown weakness. Given the current price, I won't short for now and will observe the subsequent trends.

Also, Bitcoin is stabilizing above the previous high of 930, so it's just moving sideways for now. I will hold off for further upward moves, and if there is a surge, then I will consider shorting around 975 near $BTC

With such a large amount not continuing to fall, I turned around to hit my breakeven loss, there's nothing I can do, let's take a break and continue drinking my wine 😂$BTC