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In this kind of market, it’s obvious who has the advantage on either side—don’t go messing around with any strange moves. Look at the chart I drew two days ago and see if you can feel the vibe now, hahaha. If you’ve opened a short position, just hold it steadily and take it. Wait patiently for a take-profit level. If anyone tells you to bottom-fish in a downtrend like this, judge for yourself what kind of player they are—$BTC Can you give this post a like? Can we get to 30 likes, everyone? Anyone who’s boarded a short—send some feedback please.
cpi data 📊 this announcement is basically the same as not announcing it can’t satisfy retail investors’ bullish sentiment small upward pinpricks will keep getting sold off continue to watch the adjustment period from the 15th to the 17th 👀 if you want to add to your position, add just a little: $BTC take-profit doesn’t need to move
The short positions continue to hold. For smaller timeframes, watch for a rebound at 64,600–64,800. Starting on the 11th, the cycle turns—so the trend is first down 👇 I don’t care about gimmicks like 49,000 or 52,000; there’s no need for that. Instead, pay attention to the 61,555–60,888 area first. Raising the bottom to 60k doesn’t necessarily mean it will reach there. Watch the 15th–17th nodes for the adjustment to finish ✔️$BTC
The empty orders are still there and haven't moved yet The big cake and Ethereum top divergence for two hours needs to be digested Based on the turning-point time, starting today and tomorrow it’s fine for the move to begin to reverse lower The latest adjustment time will be between the 15th and 17th Just be patient This kind of price action is really disgusting to watch $BTC
Eat this and drink that Don’t waste your time looking at invalid charts Just keep an eye on the night session from Sunday night to Monday night. If it dips during the day session, it will be injected and washed out. $BTC
Nonfarm Data📊 A falling unemployment rate equals a hawkish tilt This indicates the labor market has not deteriorated significantly The Federal Reserve is not under much pressure to cut rates This factor is favorable for the US dollar and supports a rise in US Treasury yields In the short term, it will weigh on risk assets However, nonfarm payrolls—the number of employed people—came in far below expectations, which is essentially a negative for the job market This suggests the US economy is cooling rapidly right now; in other words, rate-cut expectations are increasing, and Fed pressure is also rising The dollar will weaken, which can improve current market liquidity.
For risk assets, BTC is a long-term positive.
Compared with this kind of data, personally I’m more inclined to expect a drop first and then a rise After the data is released, it initially spikes up like a false move, then waits for the US stock market to open before being sold off to shake out positions It should adjust into a reasonable range on the 9th–11th As for whether it will play out exactly this way, I’m not sure yet—I'm expecting the market action late tonight.$BTC
It’s still the same chart. Wait for a fake breakdown, take profit on the short, and then reverse to go long. Right now it’s moving through a high-level consolidation, and it’s continuing to fall 📉 Because there hasn’t been a volume breakout that breaks above the 65,600 daily line neckline resistance, this four-hour move has only scraped through the descending channel, which is more like a fake breakout. I expect this upward move to end after 4:00 PM. Then push to a new low in the 61,555–60,088 range. Only then will the main force begin to step in. Timing: 9–10th. $BTC
Wait patiently for the results Only trade the market within our own trading scope Respect the trading system We are traders, not “retail suckers” $BTC Spider-Man movies are pretty good 🎬 Highly recommend this one If you have time, brothers, you can go take a look
Form-wise, the wave has already broken above the peak. I said the limit is 65300. The short position from the pre-dawn high of 65000 can be taken back now. Here, 64500 1903 take back. Stop-loss 65899 1955. When you see 61555-60088 1750-1780. In terms of timing, the 9th–10th is expected to be in place: $BTC
It’s expected that the BTC rally and the bigcoin dip originally might form around the 4th as the low point, but based on the current situation, it may adjust along with Ethereum’s timing to the final time node on 8/10. Ethereum’s exchange rate is currently weakening. For the long entries below, 1750 is still under consideration. For BTC, it will continue around 61555-60088, etc. Here, the structure has formed an ABCD wave; the expected high point D is around 645-65300. The 4-hour volume is average. If at around 4 o’clock it closes as a bearish candle, you can try re-entering a short position to target a take-profit at the lower low 🥣$BTC
Yesterday Monday night, when the US stock market opened, it kept BTC alive. Right now, both BTC and ETH are being supported by the 8-hour lower band. These past two days, the market seems to be gearing up for a reversal. Yesterday’s rebound at 62300 didn’t break through and confirm a push wave. Instead, it looks like it found a bearish wave and hit the stop-loss/ending point for the decline at 66900. At the moment, I’m watching 64050 on the 4-hour chart. If it closes below and holds, then all short positions should be withdrawn. Before any breakout, it’s still possible to expect it to fall further—breaking the low point, then adjusting down toward 61555–60088 to form a bottom successfully and continue the uptrend 📈 On timing, if the move is delayed, you can also watch the 6th and the 10th as key nodes. For ETH in sync, watch 1749–1688 to form the bottom. The exchange rate also needs consolidation: $BTC
Although the big pie drop is slow, it will happen!! The downtrend for the big pie has formed and though it’s dropping slowly, it doesn’t affect our ability to get results. Do you remember what I said a few days ago? Following the price action trend and moving with it—how could we possibly not make money? Wait patiently for take-profit!! $BTC
Don't deliberately go looking for 100% certainty in trading ✅ There is no undefeated general in the market— If you insist on finding that 100% certainty to enter a trade, what you’ll be left with is only the tail end of the move. Those who eat the fish body are the old timers of the 50–60% range 😄$BTC When it falls 📉
It's fine as long as we just take the normal open positions. The big cake (BTC) has swept around 65,300; the liquidity there is also showing a drop pattern for the past four hours. The price action is within the upper boundary of the downward channel, and the current move is still in line with expectations. Here, once it breaks below 63,700, we can then expect to see around 61,500. Timing: around the 3rd–4th. If it's fast, then the 2nd. Stop loss: 65,899. The thinking hasn’t changed recently: after the pullback ends, just go long. Wait patiently. Also, for Ethereum (ETH), watch the range around 1,780–1,750. The daily chart just started its pullback. Synchronize: after BTC pulls back, it can move up through another four-hour central range—this is reasonable. If anything changes, I’ll mention it separately. $BTC