Since BTC went up then down on the day before yesterday,
for these past two days it’s been moving sideways,
weak and unable to harden.
To be sure, recently a bunch of KOLs have been shouting that it’s a big bull market—like a Viagra tablet,
making you imagine too much, with spring tides rising.
But one big bearish engulfing candle brings you back to reality.
Turns out the market is strong on the outside but weak in the body—fake erection.
BTC is still in high-range consolidation.
The closer it gets to around 83,000, the heavier the resistance,
and the stronger the short-side momentum.
This wave should be a phase top,
but the overall structure is still bullish,
so any downside may be relatively limited.
From a cycle perspective,
there should be a pullback—ideally ranging between 65,000 and 80,000 for about three months.
That way there’s enough time,
and the dog-operator’s setup also has enough room.
The Fed’s rate hikes have been hanging overhead like a sword.
Any hint of news will cause BTC to violently spike with wicks.
Still, I recommend: after a rebound near 80,000, continue to short.
For ETH, this wave has exploded and liquidated a lot of people’s fantasies—so many got wrecked.
Right now there’s long upper wick and the short force is strong.
On rebounds around 2,600, continue to short, with a stop-loss above the prior high.
CL—this wave trapped me terribly. You can say I’m down a lot on paper, but it’s not really that; it’s just the financing/fees that hurt.
It’s basically the most disgusting symbol in the large-cap system.
PAXG—same as before, do batch buys between 4,300 and 4,200.
As for this wave in US equities’ storage-sector—SNDK and MU haven’t broken their previous highs—so it’s very likely they still need to return to around 1,400.
Be patient and wait to buy.
ZEC—this guy has already topped on the daily chart recently.
On rebounds around 1,200, continue to short, and stop-loss just above the previous high is fine.
Not doing signal-calling every day, I’m honestly uncomfortable.
If you guys didn’t get fooled by me to go mine content,
I wouldn’t be able to get a pork-foot meal.
If I make 10U in one day, small gains add up—I could even become the world’s richest person.$BTC
for these past two days it’s been moving sideways,
weak and unable to harden.
To be sure, recently a bunch of KOLs have been shouting that it’s a big bull market—like a Viagra tablet,
making you imagine too much, with spring tides rising.
But one big bearish engulfing candle brings you back to reality.
Turns out the market is strong on the outside but weak in the body—fake erection.
BTC is still in high-range consolidation.
The closer it gets to around 83,000, the heavier the resistance,
and the stronger the short-side momentum.
This wave should be a phase top,
but the overall structure is still bullish,
so any downside may be relatively limited.
From a cycle perspective,
there should be a pullback—ideally ranging between 65,000 and 80,000 for about three months.
That way there’s enough time,
and the dog-operator’s setup also has enough room.
The Fed’s rate hikes have been hanging overhead like a sword.
Any hint of news will cause BTC to violently spike with wicks.
Still, I recommend: after a rebound near 80,000, continue to short.
For ETH, this wave has exploded and liquidated a lot of people’s fantasies—so many got wrecked.
Right now there’s long upper wick and the short force is strong.
On rebounds around 2,600, continue to short, with a stop-loss above the prior high.
CL—this wave trapped me terribly. You can say I’m down a lot on paper, but it’s not really that; it’s just the financing/fees that hurt.
It’s basically the most disgusting symbol in the large-cap system.
PAXG—same as before, do batch buys between 4,300 and 4,200.
As for this wave in US equities’ storage-sector—SNDK and MU haven’t broken their previous highs—so it’s very likely they still need to return to around 1,400.
Be patient and wait to buy.
ZEC—this guy has already topped on the daily chart recently.
On rebounds around 1,200, continue to short, and stop-loss just above the previous high is fine.
Not doing signal-calling every day, I’m honestly uncomfortable.
If you guys didn’t get fooled by me to go mine content,
I wouldn’t be able to get a pork-foot meal.
If I make 10U in one day, small gains add up—I could even become the world’s richest person.$BTC
