On March 3, $BTC at that time the 6-hour ema180 was 73484, after a spike it came down, only 566U away from the highest rebound point of 74050 on March 5.
The first wave of rebound after May 19, 2021, also reached the 6-hour ema180 but did not break through.
This time the strategy of carving a boat to seek a sword with ema has succeeded again! #ema #BTC走势分析
FlameKey
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Bearish
While reviewing the K-line, I suddenly noticed that the trend here, $BTC , is very similar to the 519 from 2021. Then I pulled out the K-line for a comparison and found it quite interesting. This won't be the starting point of a super decline, right? Let's leave some suspense for now and see later whether it's history repeating itself or just a coincidence.
This world might just be a huge makeshift stage; If it replicates the trend of 2022, then it will directly fall down here. Next week will show the outcome #加密市场反弹 @喵水水
I have a feeling that we are about to enter an accelerated bear market 📉. I feel that there will be new lows in the coming month. Brothers, protect your wallets and positions. Only by sitting at the poker table do we have the opportunity to get rich; staying alive is the most important.
While reviewing the K-line, I suddenly noticed that the trend here, $BTC , is very similar to the 519 from 2021. Then I pulled out the K-line for a comparison and found it quite interesting. This won't be the starting point of a super decline, right? Let's leave some suspense for now and see later whether it's history repeating itself or just a coincidence.
$BTC has risen to 72300+, $ETH has also risen to 2100+; The big pie has broken the rebound high point after the daily line level decline, and it is time to judge the future trend again. Is this a trap to lure more buyers? Or is it the starting point of a bull return? What do you think?
After last night's crazy surge, we are currently in a state of retracement to the support zone. $BTC has retraced to around 67800~68000; $ETH has retraced to around 2000~1980; regarding the upcoming trend, here are a few scenarios and possibilities:
1. Currently, if the support zone holds, a rebound may continue, pushing towards the resistance levels of 70000 / 2080; 【Probability 30%】 2. If it continues to dip here, it may test the bottom of the trend line (BTC 66800, ETH 1973) before potentially rebounding; 【Probability 50%】 3. It may directly dip here, going straight to test 65300/1925; 【Probability 20%】
What do you predict it will be? Let's chat in the comments.
🤪 The school bully in America threw a piece of chalk at the Iranian student from a distance in front of all the classmates. It missed, but the school bully's lackey from Israel picked up the chalk and threw it on the Iranian student's head;
The Iranian student became furious, stood up, and started going crazy, giving a beating to Israel. By the way, he slapped a few surrounding classmates while shouting: If you bully me again, I will kill you
The affected classmates include: Abu Dhabi, Dubai, Bahrain, Saudi Arabia 😂 #美以袭击伊朗
When the gunfire sounds, gold will come pouring in. The position for adding short has arrived; currently, this position is suitable for those without a position to first establish a short position, or those who already have profits can add a little. Waiting for a new low to take profit.
The short-term small account is also ready to open a short position $ETH . Just now, I was so excited that I opened a 0.5x short position at 1916. Currently, there's an order set at 1950 to increase by one times, and another at 1999 to increase by one times. The order is set, and I’m curious to see what will happen when I wake up.
I feel that the rebound logic here might first bounce around 1950 for a bit, allowing the short-term bears to get in, and then push up to around 2000 to force the short-term bears out. Based on this idea, I placed the orders, but it’s okay; even if it goes above 2000, it would only be 2.5 times, and it's still a small account, so it's not a big problem.
Looking bearish in the long term, but a rebound is possible.
Here it is, as expected, it chose the path of a direct decline. Those with positions can hold on, and those without can wait for a rebound to gradually add to their short positions. Currently, we still expect new lows. However, there may be fluctuations during this period, and it is unlikely to be particularly smooth; it is more a state of confusing oscillatory decline. Wishing everyone good luck.
FlameKey
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Bearish
The market trend has reached a critical moment, the time for decision has come!
$BTC Yesterday, it retraced and fell to 66500; $ETH touched the support zone of 1980. Then, the rebound came as expected, but the high point of the rebound this morning was a bit too weak. Bitcoin failed to break through 68200, Ethereum failed to break through 2060, and then started to decline.
1️⃣ If it continues to decline here and forms a converging pattern, it is estimated that a direction will emerge from tonight to Saturday, and I personally believe the probability of going down is relatively high; 2️⃣ If it can continue to rebound strongly here (Bitcoin above 69000, Ethereum above 2075), then it will touch 71600 and 2200; when laying out long-term short positions, this situation should be considered, and position management should be more cautious; if preparing for a long hold, don't go in with a large position; 3️⃣ There is also the last possibility, which is to drop directly from here. Although I am bearish, the likelihood of a direct collapse here is not very high. At least it should give the bears some holding pressure and provide the bulls with some hope to enter.
Finally, my long short positions have been established: BTC average price 67653.5 full position 1.25 times; ETH average price 2028.8 full position 1.25 times;
The market trend has reached a critical moment, the time for decision has come!
$BTC Yesterday, it retraced and fell to 66500; $ETH touched the support zone of 1980. Then, the rebound came as expected, but the high point of the rebound this morning was a bit too weak. Bitcoin failed to break through 68200, Ethereum failed to break through 2060, and then started to decline.
1️⃣ If it continues to decline here and forms a converging pattern, it is estimated that a direction will emerge from tonight to Saturday, and I personally believe the probability of going down is relatively high; 2️⃣ If it can continue to rebound strongly here (Bitcoin above 69000, Ethereum above 2075), then it will touch 71600 and 2200; when laying out long-term short positions, this situation should be considered, and position management should be more cautious; if preparing for a long hold, don't go in with a large position; 3️⃣ There is also the last possibility, which is to drop directly from here. Although I am bearish, the likelihood of a direct collapse here is not very high. At least it should give the bears some holding pressure and provide the bulls with some hope to enter.
Finally, my long short positions have been established: BTC average price 67653.5 full position 1.25 times; ETH average price 2028.8 full position 1.25 times;
Still the same, the emotions here are not yet clear, and the bears are holding their ground, although ETH has already reached the resistance level of 2140, those who want to short will think this is the high point. Still daring to short at 2140. From the emotional perspective, it is very likely that this will be a short-term pullback, and continuing to push up will make the bears doubt themselves and thus liquidate their short positions. So in planning for this wave of shorts, we cannot be too anxious. Take it slow and add gradually.
Currently, my short average price for $BTC is 67560.2, full position at 1.2 times; $ETH short average price at 2022.79, full position at 1.22 times, totaling a full position at 2.42 times, still has room for adjustment, but will not consider adding positions before the big pie at 71500 ETH 2200.
FlameKey
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The long-term view still looks for new lows, a reversal is imminent, but the sentiment may still not be in place.
🤔 The indicator for pulling up the market here is not the price, but the sentiment. The rise here is not to reach a specific price, but to get everyone shouting "the bull is back." When the previous bears are mostly in a state of "self-doubt," the sentiment is in place. Once the sentiment is in place, it will be time to start the decline.
The high point of Bitcoin is between 70000~71500; ETH is around 2140~2160. Then it will at least start to fluctuate at a high position or directly begin to decline.
Let's see by the end of the month whether it's correct.
The long-term view still looks for new lows, a reversal is imminent, but the sentiment may still not be in place.
🤔 The indicator for pulling up the market here is not the price, but the sentiment. The rise here is not to reach a specific price, but to get everyone shouting "the bull is back." When the previous bears are mostly in a state of "self-doubt," the sentiment is in place. Once the sentiment is in place, it will be time to start the decline.
The market feels like it's on the brink of collapse. I boldly predict that when the US stock market opens tonight, it will start high, pretend to rise, and then fall. $BTC $ETH at most will push up one more level, with Bitcoin touching around 67800 and ETH approaching around 1980~2000, and then it will have to fall again. The trend of this decline will definitely break the previous lows (60k, 1750).
The panic is heavier than I expected. The trading hours for U.S. stocks on Monday haven't even started, and it has already crashed through. The support line at the hourly level is practically nonexistent.
Currently, $BTC touched a low of 64290, and $ETH fell to a low of 1847;
I feel that emotionally, it is still not quite enough. As I mentioned before the drop yesterday, the decline here might still be far from reaching the lowest point. Therefore, I will not blindly go long betting on a rebound. However, it is indeed possible that there will be fluctuations for two days, around the 25th. Prices may show signs of rising again, but I insist that there will be another downward probe. I still focus on shorting.
FlameKey
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Bearish
Currently, $BTC and $ETH have been compressed quite a bit on the 6-hour level, and it feels like there will be a breakout tonight or tomorrow. At the moment, I still lean towards a downward trend. However, a significant drop won't come this early.
The metaphysics teacher @喵水水 told me that the big pie will start to retrograde on the 26th, which aligns with my judgment on the timing of a major drop, so the volatility range might be expanded a bit in the next couple of days.
In short, my strategy remains to short at highs. That won't change.
Currently, $BTC and $ETH have been compressed quite a bit on the 6-hour level, and it feels like there will be a breakout tonight or tomorrow. At the moment, I still lean towards a downward trend. However, a significant drop won't come this early.
The metaphysics teacher @喵水水 told me that the big pie will start to retrograde on the 26th, which aligns with my judgment on the timing of a major drop, so the volatility range might be expanded a bit in the next couple of days.
In short, my strategy remains to short at highs. That won't change.
Currently, $ETH is in a consolidation phase after a short-term rebound, where there are two possible breakout scenarios (upward/downward) that could break the existing situation. 1【Strong Rebound】, if ETH surges past 2050, it will break the current high and low convergence pattern, forming a possibility for a medium-term rebound. If it continues to surge past 2140 successfully, it will completely change the trend, reversing the trend from bearish to bullish, but the probability is not very high. The upward pressure levels are not only 2050 but also the upper levels of 2100 and 2140, both of which have previously caused significant pressure on the bulls. 2【Sharp Decline】, if ETH dips to the defensive position of 1880, once it breaks below, the only support below is the previous low resistance at 1800. Currently, the bulls' defense does not seem particularly strong. If the bears push down hard, and the 1800 level is breached, then we will be looking at 1600 below.
The above analysis is all for medium-term analysis; in the short term, everyone can still use the band trading method to open short positions gradually. At least it can last until the latter half of next week, and after February 25, there may be a trend change.