(Second Wedge) $ETH My take: The second wedge is quite steady right now. It’s been hovering back and forth in the range of 1930 to 1900, with neither side daring to make a random breakout.
The top is 1940. If it truly breaks out with volume, there’s a chance to look toward 1960. The bottom is 1900—only if it breaks down through that can we talk about a pullback. Until there’s a clear direction, just watch it grind within the box.
Overall, whether it’s the big wedge or the second wedge, it feels like they both want to push upward.
For going long: If you see a breakout with volume above 1930, go for it. If it slips back into the range again, cut losses and exit quickly. After the 1-hour timeframe holds steady above 1930, first target 1960, then 1985.
For going short: If it breaks down below 1900 with volume, short it. Set a stop loss. If the 4-hour timeframe confirms an effective break below 1900, then look for 1860, and further down at 1820.
To buy the dip at lower levels: If it retraces to around 1860 and confirms support, try a small long position. If it breaks below 1820, admit it and exit.
For shorting from higher levels: Around 1980 you can place a sell order. If it surges past 2030, you must撤 immediately.
More left-sided setup: You can directly place a long order at 1800. If it breaks below 1770, stop out unconditionally.
Remember these resistance levels: 1930, 1960, 1985 Remember these support levels: 1900, 1860, 1820
As for the big wedge, it’s also been relatively quiet lately, probing new highs. 65700 is just one step away. If it breaks through, it’s basically a reversal confirmation. If it can’t break, the risk of a double-top is still hanging around. The 64500 trendline is the bulls’ bottom line—if it can’t hold, things will get troublesome.
In terms of execution, just watch these two lines: Big wedge—65200 and 64500. ETH—19230 and 1900.
Don’t guess the top or try to pick the bottom. Be a follower of the trend: wherever the breakout happens with volume, follow that direction, and wait for signals before taking action. Hard-charging against the trend will get you taught a lesson in minutes—always keep your stop loss in place.
(Second biscuit) $ETH My thoughts on what I’m looking at:
It went pretty smoothly and broke through 1885 and 1899, and the highest I touched was around 1935 where there’s resistance nearby. But then it couldn’t hold even after driving in two needles—this suggests there’s still pressure above. So if you’re long, you need to proactively reduce a bit. After that, the pullback to 1899 also didn’t hold. Most likely it still needs to lean toward 1875.
The key level is 1878: as long as it doesn’t break, the long-side structure is still intact. If it really breaks down, the next thing to watch is around 1850—by then, basically all of the earlier gains will have been given back.
If you want to go long, wait for a volume-backed move to stand above 1915, then enter. If price comes back, use that as your stop-loss trigger. If the 1-hour chart can hold above 1915, then above we can look toward 1940, and then 1960.
If you want to go short, wait for a volume-backed breakdown below 1890 to chase the short; tighten the stop-loss. If the 4-hour chart breaks 1890, then first look at 1860, and next down toward 1820.
For left-side dip-buyers: when it pulls back to 1855 and you confirm it’s being supported, you can consider going long. If it breaks and fails, exit if it breaks below 1820.
At a slightly lower level, you can place a buy order around 1800; if it breaks below 1770, stop-loss.
For shorting from the high side: around 1957 is a place to consider. If it breaks above 1980, stop-loss.
This thing is still the same old story—it just keeps wavering around in that channel, with no real independent momentum. If you want it to really get going, you have to push through 1875 and break the upper channel line in one go, then only after it holds can you look toward 1900. Right now it keeps being capped by 1875 and can’t break out; below it, 1845 can’t be smashed through either, so just keep grinding in this squeeze. In plain terms, it’s waiting for the bigger “bun” to finish a wave first, then it will slowly follow up to catch up for that bite—there’s no point rushing.
To go long: if volume pushes through 1880, you can chase directly. If it falls back, get out quickly. On the hourly chart, as long as it holds above 1880, first look at 1915, then 1935.
For a short: keep an eye on 1855. If it breaks down with volume, flip and chase the short. Don’t forget to place your stop-loss. If a 4-hour candle can’t reclaim back above 1855, then the move below is straight toward 1820, and possibly 1800.
For a more cautious low buy: wait for a pullback to around 1820 and then enter once it stabilizes. If 1800 breaks, don’t hesitate—just run.
For shorting at higher levels: around 1935 is a decent spot. When it gets there, you can try. If it breaks 1960, you need to撤.
Limit orders on the left side can place a long near 1800 for a low-probability pickup; if it instead plunges straight to 1750, then just accept it.
Overhead resistance levels: 1880、1915、1935 Support levels below: 1855、1825、1800
The most critical level is 1895—that’s the lower edge of the flag pattern. Price needs to climb back above this line to truly stabilize; only then can we talk about a rebound. If it can’t go up, it will keep being pressed down. The next step would be to test 1820.
If moving downward, then if 1820 can hold, price can range around there to build some strength before trying to surge up again. If 1820 can’t hold, then 1800 will be exposed directly. 1800 is the final line in the sand—once it breaks, the whole structure is basically ruined, and the bulls have to concede.
If you want to go long, focus on 1885: break above it with volume and follow the move; if it pulls back, exit. If the hourly chart holds above 1885, then look up to 1915, and from there potentially 1940.
For shorting: if there is an effective breakdown below 1850, follow it. Don’t be stingy with the stop-loss. When the 4-hour chart breaks 1850, aim straight down at 1820, then 1800.
If it retraces to 1820 and can still hold, you can consider going long again. Once 1800 breaks, just leave without hesitation.
For short orders at the high end, you can place them around 1950; if it breaks 1990, cut the loss.
For left-side positioning: set a long at 1770; if it breaks 1740, exit.
Overall, it’s still a bullish structure. The underlying uptrend line is indeed quite firm. However, some fatigue is starting to show—each rebound’s high is being pushed down little by little, indicating there isn’t enough strength for a clear advance. If this pullback can’t break above the previous high, then on the next pullback the probability of breaking the trend line could reach 80%.
To keep moving upward, you’ll need to force your way through and break the previous high. Otherwise, once the trend line breaks, the market will likely need to test 1850 and possibly even lower.
Long signals: When volume increases and price holds above 1930, go after it from the right side. First watch 1960, then push toward 1980. If it falls back below 1930, exit.
Short signals: If there’s heavy volume and price breaks down through 1895, directly pursue the short. Keep the stop-loss tight. On the 4-hour chart, if it breaks 1895, the same approach applies; targets are 1850 → 1815.
Safer low-buy: Pull back to around 1850. If you confirm it’s being held, take a small position. If it breaks 1810, accept the outcome and exit.
Short at the high: Around 1980, you can place a sell order. If it breaks above 2020, stop out and leave.
Left-side “defensive” order: Place a long around 1800 as protection against a downward spike. If it drops below 1760, exit immediately.
Key reminder: It looks strong on the surface, but the structure is actually getting weaker. Until the direction is clear, follow the price from the right side based on levels—don’t guess early and race to get in.
Resistance above: 1927, 1950, 1980 Support below: 1900, 1855, 1810
Right now it looks like a fake breakout upward above 19560. It touched the upper edge of the triangle convergence and got pushed back. It hasn’t managed to hold its ground yet, for the moment. However, the structure is getting more and more solid; no rush to act.
To confirm a W bottom, it really needs to firmly stand above 1960 and run there—only then can the W bottom inside the triangle be considered completed. That would officially confirm the uptrend, and the level around 2000 should be able to be tested quickly.
If you’re holding long positions, 1910 is the downside line. As long as you can hold that, the position-holding logic hasn’t changed. Just be patient and wait for the broker/fund to lift the sedan to冲(push)to 2000. Don’t easily get shaken out of the trade in the middle.
If you want to chase longs, wait for a volume-backed firm hold above 1955 before entering. If it can’t reclaim that level, cut losses directly.
If you want to chase shorts, watch for a volume-backed breakdown below 1935, and use good defense as well.
If you’re playing from the left side (anticipatory entries), when it retraces to 1895 and confirms support, you can try a small long position. If it breaks below 1860, you must admit you’re wrong and leave. Then, place buy limit orders at 1840 with needles (just above). If the integer level 1800 breaks decisively, exit unconditionally.
If it provides 2035 upward, you can consider reversing to short. If it breaks above 2075, stop-loss, and also see whether you should switch direction.
On the 4-hour timeframe, pay attention to 1915. Once it’s lost, look for 1870. Below that is 1830.
Remember the resistance levels: 1950, 1985, 2035 Pay attention to the support levels: 1935, 1895, 1860
Right now at noon, taking a look at ETH: the structure has already broken upward out of the triangle consolidation. At the moment, it’s pulling back to the upper edge of the triangle. Whether this pullback can hold will directly determine whether the near-term trend is strong or weak.
There’s only one good path: hold above the upper edge and don’t fall back into the triangle. If that happens, 1850 won’t be easily touched. After the pullback, there should still be strength to surge back above 1910; only then can the correction be considered truly finished, and afterward you can aim for the prior high.
If it goes wrong: if the pullback fails and price drops back into the triangle, then 1850 will most likely not be protected. Once there’s a four-hour confirmation that 1850 is broken, the space below opens up—first look at 1800, then potentially toward 1770.
For going long, just focus on this: break above 1885 with volume, then chase on the right side. Set the stop-loss below the level where the breakdown/confirmation is regained.
Shorting is simple too: break below 1850 with volume, then chase the short on the right side. The stop-loss must be included.
If you want to buy from the left side: when the pullback comes to around 1800 and holds, you can try a position. Place the stop-loss at 1770. For extreme entries (a quick intraday spike), pick around 1755; if it breaks below 1715, exit decisively.
If you want to short from the left side: look around 1940. If it breaks above 1990, stop out unconditionally.
(Second pancake) $ETH My take One sentence: don’t act yet—wait until it breaks out of the range. Once it breaks, there’s a real chance. If you rush in, you’ll likely get beaten.
Watch the key level at 1850. This is the bulls’ last line of defense. As long as price is still grinding above it, they can buy some time; if a four-hour closing candle breaks through with volume, then just aim at 1810—roughly a 1:1 pullback level—and chances are it’ll go there. If 1810 can hold, you may still get a bounce on the short term; if it can’t hold and price slides down without resistance, then the bears will head straight for 1750—don’t reach out in the middle to catch a falling knife.
Turning long has conditions too: first you need to pierce the descending trendline. If you can’t pierce it, everything else is just a fake move. Even if it does pierce, there’s still a hard resistance at 1910 ahead. You must stand firm above 1910; only then will the gradual drop truly stop, and only then can a rebound turn into a reversal. Until that happens, any pull upward should be treated as a rebound—once you’ve missed it, just leave; it’s not a loss.
Why is it so weak right now? Before the four-hour mark, there were consecutive upward spikes pushing above 1945, and not even once did it manage to hold—every bull’s round got fired into a steel plate. Now price has already fallen back below the middle line of the box/range. This is the classic “high-hanging then revert” setup, with price returning toward the lower side of the box. If the middle line can’t be reclaimed, don’t talk about stopping the decline—only more downward sliding.
Long trigger: look at the hourly chart. If it stands above 1870 with volume, you can chase a long; the first targets are 1910, then 1940. Any breakout without volume should be treated as a bull trap—don’t fall for it.
Short trigger: look at the four-hour chart. If it breaks below 1850 with volume, then chase the short; targets are 1800, then 1750.
One more reminder: spike-style breakouts don’t count. You must wait for confirmation at the close. If you get stuck after being “punctured,” it’s not unfair—what’s unfair is not learning and still having no memory.
Strategy is set like this: above 1850, you only watch. Only consider flipping long if 1870 holds. If 1850 breaks, push the short direction accordingly. Keep discipline—there’s profit to be had. Hold the order when the time comes, and the plate will be full.
If 58000 is once breached and fails, the shorts may end up slaughtering the whole market!
This current level is definitely not just a simple support test; it’s the life-and-death line of the weekly Fibonacci 0.618.
The main forces of both bulls and bears are repeatedly locked in a tug-of-war here.
But every time the price bounces, the highs are clearly drifting lower in plain sight.
This is a typical pattern of resisting decline, with bullish power being gradually exhausted.
And on the four-hour timeframe, the MACD has already formed bottom bullish divergences three times, yet the price still hasn’t been able to effectively reclaim the resistance.
Such divergences are often broken through directly by a single large bearish candle.
Below, the 58000–57800 zone is the last shred of dignity.
If it holds, there’s still room to catch one’s breath and carry out a technical repair.
If it fails, then supports like 57500 and 56800 are basically meaningless in the face of panic selling.
Above, resistance is stacked layer upon layer—60900 to 62300 is an overhead pressure zone that feels out of reach.
In terms of trading: short-term players can keep a close watch on this key area for defense and counterattack, but for the bigger picture, please stay in awe.
The market is always right—don’t fight the trend.
Lately the chart has been stuck in a sideways grind, so I can only scrape together small swings; yesterday’s Ether long order continues to be taken down with #原油价格下跌
$ETH This 1585— the key level that was shouted hoarse over last week with repeated emphasis
Now, at last, there are signs of a breakout on the smaller timeframes
So the main forces are about to do something?
On the smaller timeframes, there’s value in the long/short game.
But remember: this is only “a rebound to watch,” not “a reversal.”
There’s heavy resistance above waiting.
Any long position—no matter what smaller entry price you get in at—your stop loss must be set firmly below 1540. That’s the line in the sand. If it breaks, admit defeat and exit immediately—never hold and “carry” the position.
The target first looks to the 1620–1650 resistance zone. When it reaches there, reduce positions in batches—don’t be greedy.
Also pay attention: around 1600, the short side is eyeing it closely. If the rebound happens on shrinking volume, it could face rejection and drop again at any time.
The bigger structure remains bearish. On the smaller timeframes, only do short-term scalping/mean-reversion—don’t dream of a big bull run. #比特币跌至59250美元
$BTC This week’s macro news barrage has been dense and relentless,
the main force will most likely use the news to shake the market, so when trading make sure to play it low-key and focus on growth—don’t let your emotions take you off course.
On the chart, the 59500 level is extremely delicate.
If today’s 4-hour close can firmly hold above it,
then the short-term rebound structure can be considered to have formed at least initially.
Above, around 60700, 61800, and even 63240, there will likely be another wave of short-sellers’ ambush zones.
But if even 59500 can’t be touched,
then it means the bulls are posturing—rebound quality will be very poor.
In that case, you should be alert for another deeper dip.
Below, 57800 and 56500—these key support levels—are the ones truly worth watching for adding long positions.
Currently the market is stuck in a moving-average convergence state.
The direction is about to be decided; for execution, it’s recommended to test with a light position.
Near overhead resistance, place sell orders in batches; if the lower support band isn’t broken, then only use a small stop-loss to try adding longs.
Lately the market has been stuck sideways and numb—so you can only trade and scalp small swings. Yesterday’s ETH short spot/position—continued holding and taking profits.
Don’t be fooled by how the US stocks are rallying—over in crypto, it’s still mostly down more than up. The rebounds are weak and limp, and every push higher is a bull-trap.
Right now, price is still tightly stuck inside the downtrend channel. Don’t rush to bottom-fish.
The key question is one thing: where is the real bottom?
And when will volume confirm stabilization?
That’s what will determine the fate of July.
So today, my strategy remains unchanged: continue to favor shorting on rebounds.
BTC: watch the 60,000 level—this is the hurdle.
ETH: keep an eye on 1,620.
For execution: short at the high for intraday, but don’t be greedy with profits—take what you can and get out.
At this spot, the probability of a squeeze that punishes both longs and shorts is high.
July’s game is just beginning—stay steady. We can win.
Yesterday, the ETH short was a small bite too. Today’s setup continues to wait for the right position!! 🤔 #原油价格下跌
On the 1-hour chart, this huge-volume bearish candle basically dumped a bucket of ice water straight onto the bulls!
Last night it surged up to 60666 on the upper Bollinger Band, looking like a breakout was coming—turns out the bulls instantly went limp.
One big bearish candle smashed through 60000.
The dividing line between bulls and bears was broken just like that: the channel has flipped directly from long to short. Right now it’s clinging below the middle band, barely hanging on.
That rebound’s volume isn’t even enough to fill a gap in your teeth.
After the KDJ stays overextended and dulls, the death cross opens its mouth—J plunges straight down like a diving athlete. The bulls’ momentum has completely changed hands. The high-level trapped positions haven’t even been fully cut yet, and the selling pressure hasn’t been released cleanly.
Even more ruthless is the candle structure: consecutive large bearish candles with a progressive series of fresh lows. Each rebound is weaker than the last. This isn’t a pullback at all.
In terms of trading, don’t rush to bottom-fish. If it rebounds into that overhead congestion zone of buy/sell orders—60800 to 61500—that’s a perfect opportunity handed right to you.
Remember: in a grinding down market, steady declines are the most lethal #道指收创纪录新高
$BTC Last night that injection—does it hurt when it gets you?
This order book… it’s definitely a long vs. short “blade fight.”
On the technical chart, that four-hour bullish candle looks quite energizing, but please zoom in on the K-line chart.
Are those upper wicks that make people’s hearts race just for show?
Every time they try to push upward, the shorts pin their heads down and smash them lower—sell pressure overhead is heavy like a mountain.
What does that mean?
It means the main force hasn’t really decided to get to work yet. Right now it’s more like “probing,” sweeping back and forth to liquidate stops and shake out anyone not坚定.
At this current level, the bulls clearly lack confidence. When it rallies, there isn’t enough sustained momentum.
Overall, it’s still in the painful stage of consolidating and hammering out a base at the bottom.
In this kind of choppy market, the biggest taboo is chasing rallies or panic-selling. If you watch the 15-minute chart to find entry and exit points, you’re more likely to get slapped around.
For BTC, if above the 60,500 area it clearly fails to keep climbing and can’t stand firm for long, you can try touching the top with a small position.
For ETH in tandem with BTC, around 1,600 is a strong resistance zone. If you see signs of stalled momentum, when it pulls back, first watch the 1,500 level.
Remember: this isn’t about testing bravery—it’s about having patience.