Good evening, brothers. From the end of the Federal Reserve rate-hike meeting to yesterday, the market has been rising for several days in a row. This intraday (daily chart level) upswing is basically near the end. From just the order book / price action, it looks like there’s a need for a pullback. As for how far the pullback can go, just wait for the support levels below.
Personally, I haven’t closed either my spot or long positions, but in my heart I still hope it pulls back a bit—so that the brothers who were effectively forced to chase the trade and then missed the exit the past few days can get a chance to board again. As for how the “dog dealer” moves tonight, don’t worry about it. Place limit orders in small size, in batches, at the support and resistance levels!
Today, after the big drop this morning, the broader market went sideways around the lower-level bottom. Tonight, don’t guess whether it’ll go up or down—just watch this sideways range. If after a strong breakout above the top you can’t pull back back down, then this wave of decline has likely ended and it should move upward again. The target is near yesterday’s previous high. If you like shorting, place a small short from the upper resistance level. Only if there’s a strong breakdown below the previous low of the range and it can’t close back above—then on the 1–2 hour timeframe the market will start the third leg of the corrective / continuation drop. Then you can lightly go long at the support level below.
Tonight is Sunday. Volatility should show up during the night session. Continue referring to the price points from the midday market analysis. Old Zhang has to go to work and try hard to make money to buy an iPhone 18. #BTC走势分析
Personally, I haven’t closed either my spot or long positions, but in my heart I still hope it pulls back a bit—so that the brothers who were effectively forced to chase the trade and then missed the exit the past few days can get a chance to board again. As for how the “dog dealer” moves tonight, don’t worry about it. Place limit orders in small size, in batches, at the support and resistance levels!
Today, after the big drop this morning, the broader market went sideways around the lower-level bottom. Tonight, don’t guess whether it’ll go up or down—just watch this sideways range. If after a strong breakout above the top you can’t pull back back down, then this wave of decline has likely ended and it should move upward again. The target is near yesterday’s previous high. If you like shorting, place a small short from the upper resistance level. Only if there’s a strong breakdown below the previous low of the range and it can’t close back above—then on the 1–2 hour timeframe the market will start the third leg of the corrective / continuation drop. Then you can lightly go long at the support level below.
Tonight is Sunday. Volatility should show up during the night session. Continue referring to the price points from the midday market analysis. Old Zhang has to go to work and try hard to make money to buy an iPhone 18. #BTC走势分析
