In October, we faced challenges and made progress; November will surely continue the excitement!
Looking back at the market, at the beginning of the month, we surged towards a new high around 126000, then fluctuated downward, until the early morning of the 11th when we suddenly dropped to 101500, awakening those who were dreaming. It turns out that having a defense is so important! Although we didn't capture all the large market movements in the first half of the month, we managed to take approximately half of it, which is not bad. The returns from root trading were at least 2 times. In the second half of the month, we are moving within the fluctuating range of 116000-106000; as long as we follow the trend, it’s fine. Although we did not engage in long-term trades, our short-term strategy has been much more stable and effective, showing clear improvements compared to the first half of the month, where we mostly made small gains but substantial profits, with root trading results averaging close to 3 times!
The plan for November is to bring two trades above 5000 oil every week, with support benefits for difficult clients! New issue of Fan Cang recruitment: • First control risk, seeking stability • Full 1V1, synchronized entry and exit • Strong execution • Starting at 5000U, 2 times • Limited to 3 accounts
September's achievements come to an end, and October begins a new chapter
Our performance in September was impressive, with the main strategy of the first week being a bullish trend, achieving a success rate of 84.2%, with the lowest full circle at 2 times the benchmark; in the second week, we continued to remain bullish, leading the market with a success rate of 82.3%, continuing with the lowest at 2 times the benchmark; in the third week, we faced turbulent waves again, seizing the chance to reverse the storm, achieving a success rate of 90%; the first week withstood the pressure and ended perfectly, achieving a historical high success rate of 94%, with the lowest full circle at 4 times the benchmark! All the above data is sourced from September's market and strategy, welcome to verify.
Past achievements are medals, and regrets are notes of growth. At this moment, we need to start anew with an empty cup mentality. The new journey of October has begun, and our senior will always be by your side, using professionalism to assist you in writing a new chapter! $BTC #币安HODLer空投EDEN $ETH
Bitcoin quickly stabilized after touching the critical support level of 90800 in the early morning, and then began a strong rebound, having firmly stood near the round number of 92000. This wave of first suppression followed by rise highlights the strong bullish defense around 90800. The hourly chart shows that the moving averages are turning upwards, and the candlestick pattern is showing consecutive upward movements.
From a technical perspective, Bitcoin not only stands firm at the important psychological level of 92000 but also breaks through and stabilizes the short-term moving average system on the hourly chart, forming strong technical support. More crucially, during this rebound, the trading volume has increased, and the entry rhythm is steady without chaotic following behavior, providing a solid foundation for the continuation of the trend. The core focus of the short-term trend is the effectiveness of the support near 92000. If it can continue to consolidate and gather strength above this area, the probability of testing the resistance range near 93000 will significantly increase. Overall, the early morning pullback is merely a short-term technical correction and does not damage the core support structure below. Strong buying at low levels continues to provide support for the price, and the current market shows a positive trend of oscillation and rebound. The consolidation at the 92000 level will determine the extent of the rebound space in the future.
Bitcoin: Buy near 91500, look at 93500 and 94800. Ethereum: Buy near 3120, look at 3200 and 3280.
Thursday's daytime BTC/ETH latest thoughts hold different views
Currently, Bitcoin is once again under pressure and in a downtrend, with the momentum from the previous rebound significantly fading and the enthusiasm of bulls clearly cooling off.
From a four-hour perspective, after the rebound touched a key resistance level, it failed to achieve an effective breakthrough, leading to a rapid pullback, leaving a clear long upper shadow pattern on the K-line chart. This pattern clearly indicates heavy selling pressure above, and the bulls lack the momentum for sustained upward movement, significantly weakening the short-term rebound.
In terms of technical indicators, the MACD indicator established a death cross pattern after forming a top divergence signal earlier, continuing to extend downward, with the green histogram energy continuously expanding, indicating that the bearish downward momentum is gradually deepening, further enhancing the certainty of short-term downward pressure.
Bitcoin: Short around 94500, look for 92000 Ethereum: Short around 3250, look for 3100
Last night, Bitcoin and Ethereum opened lower along with U.S. stocks, breaking below 840000. We exited our short position, and then, alongside the fluctuations of U.S. stocks, there was a decent space for a long position on Shiban. Both daytime and nighttime on the first day of December have highlights, and we are starting a new journey!
First, looking at the daily chart, it shows a downward wave pattern. After three consecutive small bearish candles built a downward foundation, a large bearish candle accelerated the decline, bringing it directly close to the lower Bollinger Band. Although there was a slight lower shadow line during the day, indicating weak support at lower levels, the overall pattern of the daily closing bearish has basically been set.
Next, looking at the four-hour chart, after two consecutive bearish candles, there was a brief rebound. However, due to the continued weakness in bullish momentum, there was no substantial recovery of the previously lost ground. From the nature of the decline, the current rebound is more of a technical correction within the downward trend, with weak strength and a lack of sustainability. In terms of the moving average system, all time frames are maintaining a downward diverging arrangement, and the structure dominated by bears has not changed. In the short term, relying on weak rebounds is unlikely to reverse the four-hour downtrend rhythm.
Bitcoin: short around 87000, target near 85500; Ethereum: short around 2835, target near 2735.
Personal opinion, for reference only, not investment or financial advice!
During the day, our strategy shifted from short to long, marking a new beginning with the start of a new month. We leave behind yesterday's glory as a new journey is about to commence. Every week, three major shifts will help you escape from the depths of difficulties!
Looking at the four-hour chart, we see a consecutive two bearish candles, currently operating above the middle Bollinger band. Since being pressured from last week's high, Bitcoin has formed a coherent wave-like downward structure, currently in the second wave's descending phase. After a rapid retreat from the previous upper band high, it briefly breached the lower support and has continued to trend lower along the lower band. The short-term market is completely dominated by bears, with strong downward momentum.
Combining the current market sentiment and technical signal, it is recommended to focus on short positions this evening, as follows:
Bitcoin: Short around 87600, target 86100, 85000; Ethereum: Short around 2870, target 2800, 2710.
This is a personal opinion for reference only and does not constitute investment advice!
The first day of the first week of December is a fairy tale start! First empty then full of typical positions online, when the senior brother makes a move, you will know if there is a chance. The big pancake is 2500 typical space, with over a hundred typical ether! If you usually struggle with drifting and can't hold onto the pills, pay attention here, senior brother will take you to become a part of the 25-year finale battle. $BTC #美SEC推动加密创新监管 $ETH
Last night, Bitcoin (大饼) faced resistance and fell back around 91900. We took small profits on two trades, but this morning, Bitcoin quickly dropped to around 87000 due to increased bearish volume at the 91300 level, with the current lowest point at 86100. The bearish momentum remains strong.
The weekend daily chart completed a transition from 'bullish to bearish' and closed with a solid bearish candle. The current daily bullish volume continues to shrink, concurrently recording a long bearish pattern. Key support to watch below is the 84100 area; the bearish momentum still shows continuity in the 4-hour cycle, and while the hourly bearish rhythm has slightly slowed down, the overall daytime strategy remains to hold bearish positions.
Bitcoin: Sell around 87000, target 85900, 85200, support for short positions;
Ethereum: Sell around 2868, target 2780, 2730, support for short positions.
Personal opinion, for reference only, not investment advice!
From the daily chart, it continues to show a rhythm of oscillating upwards, repeatedly challenging the pressure level of the middle Bollinger Band recently, and the highs are continuously elevating, forming a positive upward pattern. Yesterday's market closed down but did not break this upward pattern; rather, it can be seen as a healthy pullback in the ongoing upward momentum, belonging to a normal corrective action on the technical front. The overall upward structure on the daily level remains solid.
Looking at the 4-hour chart, it is even stronger, having closed four consecutive bullish candles, and successfully breaking through the resistance of the middle Bollinger Band. This breakout further confirms the continuity of the short-term upward momentum. On the technical indicators front, clear resonance has formed; the MACD indicator shows a clear golden cross signal, and the KDJ three lines are diverging upward in sync, with the two core indicators jointly verifying that the current bullish momentum is continuously accumulating and strengthening.
Considering the technical patterns and indicator signals on both the daily and 4-hour levels, our evening thought continues to focus on setting up long positions on pullbacks.
Bitcoin: 90000-91000 range long, looking at 92500, 94500; Ethereum: 2950 - 2990 range long, looking at 3080, 3170.
Personal opinion, for reference only, not investment advice!
During the weekend break, friends who want to trade should pay attention to the range fluctuations, high sell and low buy, and be mindful of breakout situations!
Bitcoin 4-hour level: After rising continuously to near the upper Bollinger band, it did not continue to break through strongly, but instead entered a phase of consolidation with small declines and small rises, completing a short-term technical repair. During this period, there was a slight pullback to test support, and then it restarted the rebound trend with a small bullish candle, now approaching the previous high point tested. The overall upward structure has been preliminarily constructed. Combining wave structure analysis, the ongoing consolidation after the end of wave A's rise is precisely to build momentum for the subsequent wave, and it is expected that this evening's movement will follow the rhythm of the US stock market, with wave B's upward trend likely to start as scheduled.
From the one-hour perspective, after yesterday's market closure, the oscillation and consolidation pattern further continued. The Bollinger bands are continuously narrowing, which intuitively reflects that the current market's activity is declining, and liquidity is gradually weakening. Previously, after a strong rise with a large bullish candle, there has been no effective deep pullback, which means the bullish momentum has not been fully released. Overall, after the current consolidation phase ends, there is still momentum for upward movement, and the short-term bullish outlook remains unchanged, primarily focusing on pullbacks to buy.
Bitcoin: Buy near 90000, watch 92500, 93500; Ethereum: Buy near 3000, watch 3100, 3230.
Personal views, for reference only, not investment advice!
Yesterday's US stock market holiday caused a decrease in liquidity, and Bitcoin maintained a fluctuating pattern throughout the day, with the volatility range locked between 90400-91900, without any breakthroughs. Yesterday morning, a senior trader also provided the first high sell low buy strategy across the network, welcome everyone to check it out!
From a technical perspective, clear signs of a market reversal have emerged: strong resistance has formed at the 92000 level above Bitcoin, and multiple attempts to break through have been ineffective; at the same time, the EMA moving average system and KDJ indicator have both turned downward, with the death cross pattern officially established, and short-term downward momentum is gradually being released, indicating further room for a decline ahead.
During the day, it is crucial to pay close attention to the defense situation at the key support level of 90400: if this level stabilizes, a short-term bullish position can be established to capture a rebound; once the support is lost, it is highly likely to extend towards around 89000, so wait for a stabilization signal at lower levels before re-entering.
Bitcoin: Buy near 90500, aiming for 92000, 93500. Ethereum: Buy near 2970, targeting 3050, 3150.
Personal opinion, for reference only, not investment advice!
In the early morning, a breakthrough situation was welcomed, with Bitcoin stabilizing and breaking through the key 90000 level, followed by a significant increase in trading volume, continuously rising to a high of 91800, establishing the dominance of bulls in the short-term market. The current pullback is a healthy technical correction, with the core purpose being to digest the pressure from profit-taking and trapped positions near the previous high, consistently maintaining operations above 91000, highlighting an overall strong pattern.
From the market structure perspective, two positive signals provide strong support for the subsequent rise: first, the 90000 level has completed a critical transformation from resistance to strong support, becoming an important safety cushion for future market movements; second, during the high-level consolidation, trading volume remains moderate, forming a typical 'airborne refueling' technical pattern, effectively cleaning up short-term floating positions and accumulating sufficient momentum for future attacks. Technical analysis indicates that as long as the support area above 90000 is not effectively breached, another upward attack will be initiated.
Last night, the market surged strongly, skyrocketing from around 86000 to the current near 91800, approaching 6000 transactions. After our short position was adjusted, we timely switched to long, and fortunately, both waves of long positions approached 3000 transactions without any major risks! After a one-sided trend, there will definitely be a wave of fluctuations. During the day, it is recommended to short at high prices and long at low prices. Friends who had short positions last night should take some time to adjust!
Bitcoin range 90500-92000; Ethereum range 2990-3090.
Personal opinion, for reference only, not for investment advice!
Our daytime short position continues online, the 88000 threshold has not been effectively broken. On the news front, there are indications that adjustments may happen as early as December. Additionally, at 9:30 PM, the U.S. will announce potential triggers that may continue the bearish sentiment.
From the current market perspective, although there is a demand for a rebound, no substantial changes have occurred in the larger trend, and the overall pattern remains unchanged. On the four-hour level, after reaching the midline of the Bollinger Bands, there is another rebound. The Bollinger Bands show a contraction pattern, and we are likely to see a direction selection window tonight. I remind friends to maintain their defenses!
On the hourly level, there is a clear oscillation, with clear boundaries for support and resistance. However, tonight it is not advisable to blindly follow the trend; it is better to wait for the market to break through before acting accordingly, paying attention to the situation of support and resistance breakouts!
Bitcoin: 88200-89200 short, first target 86000, then 85000. Ethereum: 2970-3010 short, first target 2860, then 2770.
Personal opinion, for reference only, not investment advice!
Last night our short position thoughts in the stone basin have gone through two rounds, and the 88000 resistance has not been effectively broken through, which is within reason. In the early morning, it tested the 86000 key support three times, without forming a solid break, only briefly touching and quickly rebounding in a pin bar shape, closing with a long lower shadow, and the lows continuing to rise, indicating strong support below and a short-term need for a corrective rebound.
However, it should be noted that the four-hour and daily levels have not yet escaped the weak structure, and the moving average system is in a bearish arrangement, with an overall trend not showing reversal signals. Currently, it is essentially still in a consolidation phase dominated by bears, and the rebound strength may be limited by the upper pressure level, so excessive optimism is not advisable.
Bitcoin: 88200-89200 short, first look at 86000, then at 85000. Ethereum: 2970-3010 short, first look at 2860, then at 2770.
Personal opinion, for reference only, not investment advice!
The current weakness has become a definitive trend, with bulls lacking effective counterattack momentum. The previous brief technical correction has not reversed the downward trend, and the focus continues to shift downward. From a structural perspective, after weak consolidation, there is renewed pressure, and bears gradually take control. The downward rhythm is clearly visible, and our daytime orange shorts have already been validated.
Technical indicators simultaneously verify the bearish trend: the moving average system shows a standard bearish arrangement, with short-term moving averages forming strong resistance; the MACD indicator continues to run below the zero line, with green bars maintaining an expanding trend, and no signs of bearish momentum exhaustion; the Bollinger Bands are opening downward, operating near the lower track, with continuous downward space opening up. Various signals resonate to indicate that we are still in a bearish trend cycle, and any technical rebounds may become the starting point for a new round of downward movement.
Bitcoin: Shorting in the range of 88500-89500, first targeting 86000, then 85000;
Ethereum: Shorting in the range of 2930-2980, first targeting 2830, then 2750.
Personal opinion, for reference only, not investment advice!