The current four points of decline and rebound basically replicate the 2022 bear market, so it might be possible for ETH to really drop to 1000 this year. However, we can actually start bottom fishing and dollar-cost averaging from 1500.
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Bearish
#ETH是否会跌破1000 Bitcoin has fallen again! Is it about to collapse? Where can we go long on Ethereum? Let's take a look. Let's talk about ETH first. History is always remarkably similar. Just like in 2022, ETH peaked at 4900, rebounded to over 2000, and then fell again to around 1700 for a slight consolidation. Finally, there was the terrifying 890!
Many people have always been curious about why CZ left OKX back then.
Today he finally responded directly in the All-In Podcast:
I have cultural and value differences with OKCoin, and there are some things I do not agree with. For example, the way they conduct promotional activities: regarding transaction fee discounts, you must apply to receive them. Even if the advertisement claims there are discounts, you have to actively request them to get them; they do not automatically apply to everyone. Despite what the advertisement says, it's these trivial matters that matter. So yes, I decided to leave in early 2015.
Listening to this was quite touching.
A person's true bottom line is often not in the big things, but in these "small things". Trade here👇 $BTC
According to the law of diminishing returns in each bull market and the law of diminishing declines in each bear market for Bitcoin, the current downturn is likely to find a bottom between $50,000 and $40,000, while the next bull market peak is likely to be around $190,000.
From the perspective that each bull market for Bitcoin lasts about 4 years, and each bear market lasts about 1 year, a bottom may be found around the fourth quarter of this year, while the next bull market will continue from the end of 2026 to 2031! Trade here👇$BTC {future}(BTCUSDT) #比特币40000美金
According to the law of diminishing returns in each bull market and the law of diminishing declines in each bear market for Bitcoin, the current downturn is likely to find a bottom between $50,000 and $40,000, while the next bull market peak is likely to be around $190,000.
From the perspective that each bull market for Bitcoin lasts about 4 years, and each bear market lasts about 1 year, a bottom may be found around the fourth quarter of this year, while the next bull market will continue from the end of 2026 to 2031! Trade here👇$BTC #比特币40000美金
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Bullish
#BTC突破7万大关 Will it break through the 70,000 mark again tonight? Trade here👇$BTC {future}(BTCUSDT)
MicroStrategy purchased $90 million worth of Bitcoin a few hours ago. $BTC #何时抄底?
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Congratulations everyone on enjoying meat~ As for the rebound, there's no need to rush in; the area around 6.45-6.5 is a relatively strong support, and you can add a position here. For shorts, you can place a sell order around 7.4. There's no need to guess how it will go; when it reaches support and resistance, you can take both long and short positions. #BTC何时反弹? $BTC {future}(BTCUSDT)
#美国伊朗对峙 Breaking News Negotiations have ended, Trump signs an order: imposing tariffs on countries that trade with Iran, "for example 25%!" The U.S. announces "maximum pressure" on Iran, Iranian military enters a state of highest alert, gold and oil prices rise together. #International Hotspot #美伊局势
In the past decade (2015-2024), Bitcoin has indeed recorded an increase during each Lunar New Year holiday. Based on data from 2015-2023, if one buys three days before the New Year and sells ten days after, an average return of about 11% can be achieved.
Annual Bitcoin Performance during the Lunar New Year
· 2024 (2/8~2/14): Increased from $44,349 to $52,043, a rise of +17.3% · 2023 (1/20~1/29): Increased from $21,071 to $23,960, a rise of +13.7% · 2022 (1/29~2/6): Increased from $37,716 to $42,656, a rise of +13.1% · 2021 (2/10~2/16): Increased from $46,420 to $50,689, a rise of +9.2% · 2020 (1/23~1/29): Increased from $8,682 to $9,449, a rise of +8.8% · 2019 (2/2~2/10): Increased from $3,462 to $3,685, a rise of +6.4% · 2018 (2/15~2/20): Increased from $9,449 to $11,786, a rise of +24.7% · 2017 (1/27~2/1): Increased from $918 to $986, a rise of +7.4% · 2016 (2/6~2/14): Increased from $374 to $404, a rise of +8.0% · 2015 (2/18~2/24): Increased from $234 to $238, a rise of +1.7% $BTC #何时抄底? #BTC何时反弹?
Bitcoin rebounds again! Where to escape the top? Be careful of the US stock market opening on Monday! Let's talk about the future trends. 1. Everyone should be alert for the US stock market opening on Monday. The recent drops in Bitcoin have all occurred during the US stock market opening period, and the volatility will be very large. Short-term operations should still be conducted at key support and resistance levels for both long and short positions. 2. From a broader perspective, we are still in the mid-phase of a bear market. After this period of severe drops and rebounds over the next few weeks, it will ultimately come down again, so everyone should be prepared. If you're aggressive, you can set up low-leverage long positions at high points and then we'll aggressively buy the dip after it comes down. Patience is key, and the opportunities will be plentiful~ $BTC #BTC何时反弹? #何时抄底?
There are two resistances for Bitcoin around 71,000 and 74,000. We can first short one position at 72,000 and see how it goes with a small position.
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Bearish
My operational thinking. Bitcoin Direction: Short Entry: Around 70,800 - 71,400 Position: 10% position, 5 times. Take profit: Point 1: Around 68,000 (seeking stability) Point 2: 65,000 Point 3: Previous low 61,000 Stop loss: Slightly breaking above 72,300. Reason: There is certain resistance around 71,500 for Bitcoin, a pullback is expected. Personal thought: Do not place orders at round numbers, as they are hard to fill. Placing just below the resistance zone makes it easier to fill. $BTC {future}(BTCUSDT)