$UAI This thing Infrastructure coin in the AI track
Yesterday broke through the previous high with a surge Now a pullback to confirm the position
It has been grinding in the range for 120 days After enough oscillation, it finally broke through yesterday
According to my past standards for flipping new coins This one completely meets: 1️⃣ Surge and break through the range 2️⃣ Create a historical new high 3️⃣ Pullback to confirm
If it were a bull market I would have all in by now
But now it's a bear market Bitcoin is about to enter the fifth wave down on the weekly
I don't dare to act rashly Let's observe first
Verifying judgments is also a form of cultivation Better than being harvested by the sickle 😅
Monday opening Asian markets are all down on US stocks The big pie will be smashed again, no escape
A new round of medium-term decline is coming Get ready to watch the show with sunflower seeds
Why is it collapsing? Who doesn't know about the mess in the Middle East Oil prices soaring, inflation skyrocketing The US dollar is strong, and interest rate cuts are out of the question
The market is out of money The stock market big pie has to fall It's that simple
Don't ask, asking means being fully trapped Asking means being out of the market and missing the opportunity Old investors have seen through it long ago
The criticism this time is quite severe The short-term trend has been directly shattered Exchanges, institutions, and whales are all fleeing Market confidence has collapsed
Now a bunch of people are waiting to short on the rebound All waiting for high positions to go all in on short positions The question is... can it bounce back next week?
Weak rebound, on the verge of collapse When the US stock market opens, there might be more bad news Directly plunging down It might not even give a chance to rebound
If it really bounces back In the range of 69,000-73,000 Gradually set up short positions Don't go all in at once
Once the mid-term trend is confirmed to go down Seeing 40,000-45,000 is not a dream This space... is enough to harvest a wave of retail investors The market makers love this kind of script
Remember: don't be a backseat driver A rebound is a chance to escape Don't get stuck at the peak as fuel again 😅
Bitcoin has reached a critical position The opportunity for short positions on the midline has arrived💰
After breaking through the triangle, it rebounded to the 0.618 position 74,000 started from 60,000 in this wave Increased by 23% with 30 days of volatility I mentioned before that we should closely monitor the changes in volume around March 6 Now is the opening window for shorting
I suspect this rebound is a false breakout to lure in buyers The big players are pumping the price to attract retail investors to go all in Then they will take the opportunity to crash the price and harvest profits Initiating a medium-term downtrend
The second wave on the weekly chart rebounded to 98,000 Institutions are also selling at highs After a downward slide, it directly halved It didn’t even give a second chance to escape the peak Will this fourth wave replicate the trend? 74,000 directly crashing all the way west?
No matter how much it oscillates and rebounds This wave is just a weekly level dead cat bounce Find a high point to short Manage your position well and set your stop-loss Once the trend starts Bitcoin dropping to 40,000-45,000 is not a dream See the chart👇
What to search for Just go all in on the big pancake and it will be done Don't bother with those useless knockoffs They're all just tools for harvesting leeks
Squatted all night just to find an entry model... First tp1, the rest hang well and went to sleep
(After rewriting) Squatted all night Finally found an entry model... First tp1 Hang the rest well and sleep Don't step on empty This market Not going all in would be a disservice to myself But don't go in full Save some bullets for the bottom What if it dips? The big players love to play this game Attention, retail investors Don't get harvested Going to sleep Tomorrow we'll see if it's a rally or a crash
The pancake's rebound this time has potential, but don't get too excited
Speaking through charts Selling pressure is strong; as it approaches 74,000, it drops The ETF is still buying, but it's all small amounts So the height is limited
The trend is the same as previously analyzed It won't fly straight up, but will grind upward with fluctuations After a surge, it’s likely to pull back around 70,000 and then bounce back
I adjusted the Fibonacci levels 0.618 is around 74,500 Based on this volume and the speed of ETF inflow, it can at most touch 78,800 before it has to take a break
Keep an eye on volume and fund flows Around March 17th Prepare for mid-term short positions
Don't chase the highs, be careful not to get trapped The big players love to see you go all in 😏
America's recent actions On the surface targeting Iran But actually aimed at China
The essence boils down to three points: 1️⃣ Deploying troops to the junction of Europe, Asia, and Africa Controlling the lifelines of minerals and energy 2️⃣ Choking off the land Silk Road Preventing the Eurasian continent from uniting 3️⃣ Disrupting the north-south passage between Russia and the Gulf Weakening the entire economic zone
Iran is just an entry point The real goal is to contain China
This situation... is even more ruthless than the harvesting of altcoins It all depends on whether China can break the deadlock
I bet Bitcoin can rise And I also bet China can win This wave must be full of faith 🇨🇳