I. Price Trend and Support Level Observation Rapid Decline and Oscillation Starting from the closing price of about $96,000 on February 23, the BTC price fell sharply within just a few days, dropping to around $84,250 on February 26. Subsequently, from February 27 to March 1, there was a slight rebound and oscillation, indicating that the price has established short-term support around $84,000–85,000. [Key Support Confirmation] Recent low points have concentrated in the $84,000–85,000 range, which can be considered a recent bullish support area. If it closes firmly within this range, it may indicate that buying interest is starting to enter and pressure is gradually being digested.
I almost got the order I placed. It can only be said that it is a pity. When I got up at noon, it had already rebounded. Don't enter the market with FOMO at this time. The current news is that the banker has been changed, and the position has increased by 10% in 8 hours, but the price has also been pulled up by 5%. In my opinion, the expectations are not high, and it is not a good ambush signal. Maybe Xinzhuang will pull another wave, but the uncertainty is too high, so I will be conservative and wait and see. $PNUT
TT陌浪
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Bearish
#PNUT
The previous post mentioned that I am empty-handed again. The main force of the squirrels hasn't shown much movement, lacking a breakout point. From the data, it can be seen that the main force has no increase in contract holdings. However, there is a main force support around 0.58 (historically, the main force tends to open contracts to coordinate with spot trading at this level), so I placed an order at this point. If I can get filled, this price level can wait for a small rebound.
So tired, the squirrel actually did not rise with the market this time, the previous inflow did not yield results, it feels like a turnover. So tired, I'll set a stop loss of about 5% here for the old stranger.
Getting up to take a look, the probability of this wave of data starting is high. I have already jumped in here. The main force has been flowing in for 24 hours, going long. The position size is also large enough. The night owls in the community have managed to lower their costs, while I slept until noon and lost quite a bit haha🤣
The main force has started to go long; I wonder how many people FOMOed in during today's rally. Each set is deeper than the last. The old stranger also closed the position at 0.62 this morning. It's a kind of celebration before the storm.
Yesterday I said that the main force had a wave of false bullishness, and how many people jumped on board thinking there would be a big rebound? The squirrel's popularity is too high, and now with the decline, everyone has a kind of expectation for a big rebound in their hearts. Therefore, after the main force shows false bullish movements, there should still be more, but data does not lie; one can make a judgment based on how much the main force has entered the market. Right now, the goal is to repeatedly torment everyone with the squirrel until they lose confidence, and only then will the main force have the motivation to drive up the price.
TT陌浪
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Bearish
#PNUT
The main force is inducing more, and the changes in positions and contract inflows have not yet met my expectations. (The change in positions in the chart is too small) I took a wave at 0.62, but it's not enough. Patiently waiting, let's explore downward again, I can handle it.
The spot observation warehouse of 0.62 has been received. At present, the rebound strength of this wave of 0.58 is a little stronger than before. But it is only a little bit, which cannot be compared with the previous data. Let's explore again.
It seems that Squirrel's message doesn't work very well. I still want to smash the plate and pick it up. With such a big headline, the price dropped less than 2%, which is equivalent to not falling in the currency circle.
The main force has been continuously flowing out, are the brothers picking up the shares so slowly? The previous bottom at 0.975, the average price was around 1.3, all sold out. I actually want the main force to adjust quickly around 1.055 so I can pick up.
TT陌浪
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#PNUT
After failing to break through 1.4, the main force began to adjust. Looking at the recent data, the main force has started to open short positions, and it is estimated that adjustments will be made within this range.
After all, it’s a complete removal of leverage. This time, the main force started to push up directly after adjusting twice at 1.0, and there isn’t much resistance upwards.
Look at my previous post; those who accumulated at 1.0 can just lie back and wait for takeoff. The main force has been building positions very quickly in the last few hours! From the data, the current increase isn’t enough for the main force to profit!
It's been a long time since I bought at the absolute bottom. I placed an order for 0.95 before going to bed, and I received exactly that amount.
From the data, it appears that the main force began to see an influx of funds around 4 o'clock.
This time, the main force started to rebuild its base around the 1.00 price level. Buying on dips at this position is relatively safe for personal issues; if you can't get it, don't overthink it. The overall market is currently sluggish, the lower the cost price you hold, the better.
The previous strong support at 1.04 has turned into a resistance level. Currently, the main force's volume isn't large, so it is estimated that it will have to consolidate for a while.