Brothers, looking back at today’s big cake move, it’s very representative. In the morning, the big cake kept pushing upward, and many people’s bullish sentiment went straight through the roof. From morning to 3 p.m., I kept telling my students, “What are you afraid of? Add to your position and go short the big cake!”
I repeatedly highlighted the key points: the 81,600 area is the core resistance. In the live trading, the highest it reached was 81,260.3. Once it hit that resistance, it immediately turned and headed down.
Many people, when the price rises, can only chase longs and ignore the crucial resistance. Giving the resistance level in advance and reminding the direction again and again is exactly what tests execution.
Must come to the divination reading—must, must come! Last night we predicted the location in advance: Gold 4671, #sol 95.393. All the way to the pinpoints—everything reached perfectly! $XAU
🔥 “Is it really about to go into full-scale collapse?” 📌 Well, sorry—I slipped up. 🐻 6 short positions are already done. I don’t know if you’re panicking or not,
Brother Bi is always waiting for it: waiting for a Wave 4 pullback for confirmation.
📌 From a structural perspective:
Wave 3’s rally has already gone quite far. The weekly-level resistance is right in front of us. Chasing longs is possible, but the risk-reward ratio just isn’t worth it.
💡 Once Wave 4 pullback starts, the targets are clear:
First defensive level: 76000
Second defensive level: 74000
📉 Wave 4 is not a reversal—it's a correction.
It’s a chance for those who missed the move to get back on.
And it’s also a time window for long positions to lock in profits.
It’s not that I’m bearish. It’s the structure telling me: if you go long here and you’re wrong, you’ll lose a lot of money; if you’re right, you’ll only make a small amount.
I don’t take setups where the risk-reward ratio isn’t favorable.
The core of trading isn’t making a trade every time—it’s only taking trades that are worth it.
After a big surge and big crash, it’s only natural that the market will consolidate and trade sideways
🔥 “After a big surge and big crash, there must be consolidation and sideways trading”—this is a rule of iron that I’ve verified with 9 years of live trading. 📊 Looking back at Bitcoin’s price action from 2021 to today, the pattern has never changed: April 2021: Bitcoin topped at 64,800. After the crash, it traded sideways and oscillated for nearly 5 months before choosing a direction again. November 2021: Topped at 69,000, then crashed to 33,000. It then went sideways and oscillated for 4 months to build up strength for the next leg of the market. June 2022: Luna collapsed, Three Arrows Capital blew up. After Bitcoin plunged, it went sideways for over 3 months before completing the bottom turnover. January 2023: Bitcoin rebounded from 16,000 to 30,000+, then went sideways for over 3 months. After building up energy, it pushed higher again.