$BEAT The bullish view is still maintained There has been a contraction in volume as the price rises on the hourly chart, failing to quickly break and stabilize above the previous high.
Retail investors' confidence in bullish bets on the market is inherently weak, coupled with the fact of a failed breakout, a large influx of short positions has appeared at the new high, including many bearish posts from the plaza, which is a psychological test for the bulls.
Today, there should have been quite a few chasing high above 2.4, so as long as the operators take out this batch of chasing high positions in line with everyone else's willingness to short, it can significantly reduce the difficulty of rising.
However, the operators' daytime rise today was genuinely driven by real capital. Given that everyone was not very willing to catch the falling knife, when it was pulled up to nearly the previous high, they just ran away directly; those who had bought low, if they wanted to run, could run at will. The gradual decline couldn't be exploded by the operators; they could only kill those who bought at high positions, which wouldn't compensate for the costs of the daytime rise. A slow kill at most can gradually reassure the shorts to chase; once it rises, the plaza will be filled with lamentations.
Personally, I feel that the operators' better strategy now is to slowly sell off in small portions along with retail investors, without dropping too harshly at once, so as to continue attracting retail investors to enter the market. They should test the support at 2.3 and then continue to push higher, quickly breaking the previous high, continuing to give retail investors confidence to go long, and then a large scale of retail investors will chase at a position higher than the previous high, waiting for a general warming of sentiment before going for a kill.
In my analysis, those who haven't entered before can observe and enter after stabilizing between 2.2-2.4 (it must be after stabilization), with a stop loss of 6-8%. There should still be a sharp downward thrust, followed by an upward rise, or directly close above the 4-hour line, and then start the next 4-hour rise directly.
Regardless of the operators' specific strategies, the logic of making the operators lose money simply does not make sense.
$BEAT Market participation is insufficient, the sustainability of the rise is not good, and without participation, there is no logic to stand firm.
You can try to look for coins with high trading volume in the rising list over the past 24 hours, or you can also try small positions on coins you believe in to validate your ideas.
Regarding the coin 'beat', it might be better not to touch it until it truly starts to warm up again. The holding volume has dropped significantly since yesterday at 12 AM, and it is still declining. The logic that supported the previous rise no longer holds. Today, I saw some suggesting to go long around 0.23-0.24 to catch a rebound; it might earn a little, but you have to be quick, as it may drop again soon.
The more negative the market is when it needs to break through, the more momentum and strength must be displayed. Prolonged stagnation is really not a good thing.
The 'dog master' uses time to exchange for space. When everyone has stopped paying attention due to the lack of significant rises breaking new highs, it will start to drop, or it might fake a rise to the second-high, and retail investors, excited, will jump in thinking it will go higher.
Because in the past two days, it has built up its reputation, everyone knows it's strong, and when they look up, they might all rush in, then the 'dog master' will have a good harvest.
$BEAT Please also explain the risks while making a profit
This is already the third time the price has pulled back after a drop. If this candle cannot pull up, then as the saying goes, things don't happen three times, the probability of a drop is high.
This half-hour task is very challenging; it's considered a tough battle.
If we can turn the 1-hour and 4-hour indicators green before 12 o'clock, meaning it rises above 3.05, the probability of breaking the new high will greatly increase.
However, if the 4-hour line does not turn green, we will not participate in this bullish market and will directly take profits to exit. Otherwise, moving slowly is unnecessary.
Set stop-loss levels, take profit properly, and let's wait and see.
$BEAT I don't know if anyone has followed the thinking of the previous post, If there are those who are long, the targets are 3.09, 3.18, and 3.5.
To be safe, take 30% at 3.18, 20% at 3.5, and leave the remaining half position to aim for new highs. At the same time, as each target is reached, one can also adjust the stop-loss line upwards, specifically depending on individual preferences.
$BEAT At this price level, it can be bought in the range of 2.5-2.6
Set the stop loss at the next support level around 2.38-2.45, achieving a high risk-reward ratio; if it fails, you only lose a little bit 🤏 The only downside is that you need to keep an eye on the market to prevent misjudgments, as a rapid decline may require manual exit
From the perspective of long and short structures and profitability, both bulls and bears have increased their positions, but bears are generally profitable
If the price rises by about 10% from this level, it will attract more people to short, leading to a partial squeeze of the bears, causing a slight rise, and once retail investors choose to go long, it will push the price up, breaking new highs, then forming a long upper shadow and continuing to fluctuate
$BEAT Being in a high position requires a strong sense of warning
Yesterday's bullish candlestick that rebounded from around 2.38 gave the bulls great confidence, but when market sentiment starts to improve generally, one must always be alert to the risk of liquidation
The range of 2.3-2.4 is an important turning point for the upward trend at high levels, and it's also a crucial position for sentiment reversal. Whether testing or clearing chips, if this position breaks out with volume, it really should turn bearish. Even if there is a quick spike and recovery, it signals a weakening of upward momentum 📶
If the dealer wants to bring more people on board to set up for a big drop later, the ideal retracement position is between 2.73-2.83, breaking through and then pulling back, and then lifting again. Breaking through the previous high of 3.44, after experiencing three spikes and recoveries, will give the market enough bullish sentiment, leading many to chase up into the market. Those on the sidelines who have been waiting will also have to enter. The bears turn bullish, retail investors buy more, and the dealer liquidates the bullish positions, cashing out and elegantly exiting to prepare for the next wave of harvesting
$BEAT The higher the position, the more stable the trend of the dealer becomes. Could it really be laying the foundation for a meteoric rise? 🤨🤨🤨
Personally, I think the 1-hour line looks really good. Now it's experiencing a volume drop and a pullback. I estimate that when everyone wakes up in the morning, it will rise again. Generally speaking, the dog dealer likes to create this feeling where you miss out on advantageous positions and low-priced chips, then chase high prices.
This way, they can trap people. Once trapped, they can play psychological games, causing oscillations at high or low positions. If your entry point isn't good, the suffering will begin. 😅😅😅
The more people are trapped, the better the dog dealer knows where to make moves. They don't need to sell off aggressively; just moving outside your expectations is enough. Ultimately, they wear you down until you can't take it anymore and flee. Then they either go up or come down, directly leading to being used by the dog dealer as a beacon. Have you ever encountered a similar situation? 😅
If we can figure out the rules, this is a line of thought, brothers. This wave of beating the dog dealer really has some pattern to it. As they stabilize their structure, there will be many potential points of stabilization when it goes up and then down later, with more reversal and entry positions to pay attention to.
Every dealer has their own habits and usual tactics. The previous posts also contained analyses of entry points. I hope to share ideas with you brothers, so we can continue to outsmart the dog dealer in the future. 👊👊👊
Quickly, let’s soar to great heights and lead us on the road to wealth! 🚌🚌🚌 #beat #一起来交流
$BEAT The points provided in these two waves have already made those who followed them profit!
The points for the two declines have all been given with a rough range, one decline before a 10-point rebound, stopping at 2.326, and the range I provided is between 2.2-2.4.
The other was a post made at 12 AM, and the range given is between 2.5-2.65.
All have been verified correct ✅
Wishing everyone a smooth journey in securing profits 🚌🚌🚌🚌🚌
$BEAT According to the data below, the total value of positions worth 39 million has over 21 million in profit, while the short positions only have a value of over 10 million, and most of it is held by large investors. Retail investors are just testing the waters with small amounts, and the short selling sentiment is not as strong anymore, instead, they are starting to join the long side.
The long positions are really heavy. If the big player pulls the market up, the main profit relies on bursting the whales, but if they really push it up now and burst the whales, there won't be any opposing orders, and there won't be much sustainability. The cheap chips that fall back into the hands of retail investors will then start the low-to-high push again?
Doing this will make the big whales more knowledgeable; next time the big player tries to use the same trick, it will be more difficult. Pushing down a bit might help balance the profits between longs and shorts, and improve liquidity, allowing the market to keep playing without starting from scratch. They only need to periodically inject funds to clear out the uncertain chips, and then the big player can enjoy the profits continuously.
If they really burst the whale, then everything will be born from the fall of one whale.
$BEAT Share some personal analysis on the current market The rebound at 10 o'clock came from the counterattack of the main funds, which was rapid and had a huge volume. This rebound signal against the decline is very strong.
Personally, I think the overall trend in the short term is bullish. The needle tonight conveys the true thoughts of the main players. Looking at the current self-financing, the balance of both long and short sides has been increasingly equal over the past two hours, with contract holdings also reaching over 30 million 🔪. The overall market liquidity is very good, and the big trend is steadily upward 👆.
However, during the settlement at 12 o'clock, there should still be a downward spike. For a sustained rise, even if the funds of the main players are abundant, the positions shouldn't be too heavy, as they may knock out those chasing the long positions. However, the intensity of this should not be too strong. If there is a real pullback, and it reaches between 2.5-2.65, it may be worth considering to continue entering long positions, keeping a stop-loss of 6-8%, and not taking on too large a position.
If it rises directly without a pullback, then small positions without fear of heights can also enter. The stop-loss should be set around 2.5. Although under normal circumstances, we do not encourage everyone to chase highs, if the trend really comes, we will follow the trend.
This time, the main funds are quite actively participating, with two strong four-hour upward pulls. Let's look forward to breaking through the previous high.
It has now reached the first target, remember to lock in profits or move the stop loss up in a timely manner, and continue to aim for the next target.
The stop loss at this position $RAVE 0.297 was also accurately swept away.
The dogs are repeatedly sweeping up and down in this wide fluctuation, and they haven't managed to make it work. Let's observe and look for opportunities.
If there are brothers who really align with the thinking, be sure to control your position size and see how much loss you can accept based on your own capital.
For example, with a capital of 100u, allowing for 15 times the margin for error means a single loss would ultimately be around 6 or 7u. A margin for error of 20 times means a single loss of 5u. This way, you can endure for the long term. The worst fear is having opportunities but no capital left.
Also, you need to control leverage. For instance, if you open 100u with 20 times leverage, the required capital is 5 yuan. Then, a 5% loss would mean losing 5u. If you only have 5u in your account, it would lead to liquidation.
But if you open 100u with 10 times leverage, the required capital would be 20u. Although the same 5% loss occurs, you won't get swept out of the market.
Surviving for a long time in the cryptocurrency space is the most important thing.
After experiencing a smooth decline yesterday, the beat reversed in the evening. From an hourly perspective, the overall decline has almost matched the previous increase, it's nearly down, and it stopped declining quickly without fleeing directly.
Now, judging from the rise from last night to this morning, we are still in the distribution phase, with real capital invested in the rise, including the two candlesticks in the red circle of the second image, which are indeed showing real volume.
Although the right hourly candlestick closed in the red, a look at the 5-minute chart clearly shows that it touched a key resistance level and retreated with volume, which is not a good sign.
So as a precaution, we should wait for it to 🚌🚌🚌 1⃣️ Re-test the support zone of 1.87-1.95 and show signs of stabilization, or 2⃣️ Breakthrough with real volume and stabilize at the support zone of 2.2-2.3 before considering going long, which would be more prudent.
The risk of deception at this position is very high. ‼️ It could be that a structured trader does not want retail investors to acquire low-priced chips, raising and distributing simultaneously, or it could be a last-ditch rally before fleeing, so it's better to stay on the sidelines for now.
$ICNT fell back for a day and then came out again, so is it more? Stop loss set near 0.297 Targets 0.344, 0.361, 0.379, 0.392 With a contract position of over 3 million dollars, a smaller position is safer
Let's see how many target points can be reached today