一哥交易经

In the new week, futures opened with a slight gap up. After the rebound over the weekend, stagnation is evident. The intraday pullback has begun.
After a rebound and pullback around 72, there was pressure, and the bullish momentum did not continue. After all, the strength of the entire rebound came more from short covering.
The rebound due to reduced volume is naturally unsustainable.
$BTC
The adjustment after the V-shaped recovery has arrived as expected. The new week is likely to maintain a complicated adjustment. The difficulty of intraday short-term trading will also sharply increase.
It's recommended to watch more and move less; just focus on the parts you understand.

U.S. stocks opened slightly lower before the market, with expectations of a pullback. Overall, cryptocurrencies continue to move in tandem with the decline of U.S. stocks.

In the past week, the financial markets have experienced violent fluctuations. Whether it's the panic on the emotional front, leading funds to quickly return to safe-haven assets like the US dollar, US stocks, and gold.
The risk assets in the crypto sector have experienced a massive turnover while being struck down.
Retail leverage has been cleared at high levels, and liquidation institutions are rapidly descending. Led by Yi Lihua, the ETH bulls are beginning to quickly repay debts to avoid liquidation. As of now, more than two-thirds of the position reduction has been completed.
The brutal market does not change according to human will; more importantly, suitable position management and systematic risk control are essential.

$BTC

The weekly level touches on the POC of the last bull market continuation structure. This means that those who missed the previous opportunity have been hiding around the 67,000-62,000 range.

BTC

The daily level is accelerating down to the 60k integer level. In the absence of liquidity from counterparties in the contract market, a huge amount of spot liquidation and transactions have been completed.

The time to bottom out has not yet arrived; there will still be complex adjustments in the future, and there is still room for further declines.

Recently, only spot buying in batches is recommended.

There is a small-level oversold rebound during the day, as a cover for short positions; it is not recommended to chase such rebounds for long positions.

Just maintain the mindset of short positions.

Resistance above: 67500/69750/71500

Support below: 62000/57880/53222

ETH

The decline at the 4H level is slightly smaller than that of Bitcoin.

The entire network is focused on Yi Lihua's liquidation. In the end, I chose to reduce holdings to avoid liquidation.

$btc
Geopolitical risks are intensifying. Accelerating liquidity tightening and a return to precious metals.
Cryptocurrency and U.S. stocks continue to experience a bearish decline.

Bears continue to expand. After a symbolic struggle from the bulls, they continue to give up resistance.
The current position has broken below the 70,000 integer level and continues to decline.
No suggestion to go long on the left side. Just consider taking spot.

Resistance above: 71860/73850/75658
Support below: 68378/67237/65330

$eth
ETH's intraday decline and bear volume are less than Bitcoin.
However, while Bitcoin is expanding, it is necessary to pay attention to the subsequent non-decline.
Therefore, there is no suggestion to go long. Just maintain a high short position after the rebound.

Yesterday, U.S. stocks experienced a flash crash during trading, geopolitical risks continue to escalate, compounded by concentrated earnings reports, causing a collapse in tech stocks weighted in the Nasdaq.
The big pie continues to increase in volume and crash.
Until just before the close, confirm that the aforementioned bill is used to end the standoff. Then, it quickly rebounds with increased volume.
Currently, the market is in an extremely fragile state, and any news can bring significant volatility.
It is recommended that everyone watch more and act less, arranging some spot positions to at least sleep soundly.

$BTC
The big pie quickly fell around 73 and then rebounded, with narrow fluctuations downward during the day. However, the selling pressure is not large, and there has been no significant volume drop again.
Structurally, it still remains a bearish structure with lower highs and lower lows. The trading strategy remains to sell high against pressure.

0204 BTC U.S. stocks surged and quickly fell back, causing the major currency to collapse again.

During the continuous decline, it was driven by good news of the end of the suspension. A quick rebound occurred after a spike.

However, the bearish structure has not been reversed. Until there is a clear stop-loss stabilization, it remains advisable to maintain a bearish perspective.

Resistance above: 79500/81000/82485

Support below: 73975/71820/68378

ETH

After breaking the previous low of 2150, it quickly recovered, but the rebound is weak. It still maintains a 4H level oscillation downward. No suggestion to go long.

Maintain a rebound high short perspective.

Resistance above: 2372//2445/2604

Support below: 2120/2064/1924

Monday's US stock market has become a safe haven for global risk assets.
The erosion of risk and safe-haven assets, while the dollar and US stocks quietly strengthen, is seen as the strongest protective index.

$BTC
After following the US stock market's halt in decline, Bitcoin has seen little fluctuation during the day. It remains in a weak position while oscillating within a narrow range.
Whether it's emotional repair or technical repair, there is a demand for a rebound.
Colleagues with sharply reduced positions reflect that the market's bearish sentiment remains strong.

It is not advisable to be overly aggressive in short selling.

In the evening, pay attention to whether the hourly level rebound can break through the pressure around 795; only a rebound after a sharp decline presents opportunities for further upward continuation.

BTC

Protection funds are flowing back, continuing to boost US stocks. However, the cryptocurrency sector concept stocks are still collapsing.

Bitcoin follows the influx of futures buying, starting to decline less than before. Whether it's emotional repair or technical repair.

After starting to stop falling, there is a demand for a rebound repair. However, it is not a bullish reversal, and it is still not recommended to bottom fish on the left side.

1-2H level and above, after standing above 805, the bulls will welcome a rebound. Otherwise, it will still be mainly shorting against resistance.

Resistance above: 79500/81000/82485

Support below: 76960/75745/73975

ETH

Small level V rebound, starting to rebound from the 15-minute level. However, the time level is too small. Grab the rebound's long position quickly for profit taking.