$BTC $ETH
Alert: Completely ditch the shorts! BTC trend has flipped, and the next wave of action starts now, eyeing 83000-85000.
Trading is all about riding the waves; the previous wave from 65000 to 78000 has already wrapped up. Since there's no looking back, just ignore it and move on. 78000-79000 is the launch point for this new wave!
Why is this a real reversal? Classic accumulation reversal pattern.
1. Price structure: Transitioning from 'bearish domination' to 'bullish takeover', the downtrend channel has been broken.
2. MACD signal: Shifting from 'bearish leadership' to 'bullish recovery', momentum is steadily healing.
3. Volume alignment: Shifting from 'panic selling' to 'capital support', confirming the low-level accumulation reversal pattern; this isn’t a thin-volume bounce, nor is it a volume-less pump.
With the external environment of strong US stocks, it's wise to temporarily abandon the bearish outlook and go with the flow; that’s the safest choice right now.
Alert: Completely ditch the shorts! BTC trend has flipped, and the next wave of action starts now, eyeing 83000-85000.
Trading is all about riding the waves; the previous wave from 65000 to 78000 has already wrapped up. Since there's no looking back, just ignore it and move on. 78000-79000 is the launch point for this new wave!
Why is this a real reversal? Classic accumulation reversal pattern.
1. Price structure: Transitioning from 'bearish domination' to 'bullish takeover', the downtrend channel has been broken.
2. MACD signal: Shifting from 'bearish leadership' to 'bullish recovery', momentum is steadily healing.
3. Volume alignment: Shifting from 'panic selling' to 'capital support', confirming the low-level accumulation reversal pattern; this isn’t a thin-volume bounce, nor is it a volume-less pump.
With the external environment of strong US stocks, it's wise to temporarily abandon the bearish outlook and go with the flow; that’s the safest choice right now.
