Old Bao's speech was filled with defensive rhetoric, and the dovish remarks were strong, indicating that the actual situation may be worse, providing only a brief defense. Subsequently...
Therefore, it remains a recommendation for short positions, while long positions are not being considered for now.
Because the trend has not changed, and there is no reason for the coin price to stabilize above 90,000 in the next 1-2 months.
Thus...
Today's short position opportunities are as follows: btc: initial position 88,500 additional position 90,800 stop loss 92,900 dth: initial position 2,150 additional position 2,250 stop loss 2,320 sol: initial position 146 additional position 152 stop loss 162 Some points have been adjusted.
Tonight's market is bound to be exciting, just confirming that there will be no interest rate cuts. As for whether it goes up or down, without restraint, the visible fluctuations are large.
Today's news and information do not necessarily indicate that the market will reverse. So I will continue to short following the trend. btc: initial position 88500 additional position 89800 stop loss 92900 eth: initial position 2150 additional position 2250 stop loss 2320 sol: initial position 146 additional position 152 stop loss 162 The stop losses are set relatively high afraid of the market going wild tonight.
For those who prefer caution, it's better to rest early and see how to proceed tomorrow morning.
Last week, Bitcoin's ETF spot continued to flow out, with nearly 1 billion in funds exiting, which is not good for the BTC market. The bulls can only touch the 85,000 position, and all technical formations are diverging, with upward momentum diminishing. Bitcoin is correlated with US stocks, which are also performing weakly. However, from the trend of Bitcoin, there seems to be a tendency to break out first. On a larger scale, the probability of continuing to fall below 77,000 is very low. If this week it drops to below 78,000, it can still be bold to go long, as the risk-to-reward ratio in this range is very favorable. Ethereum has broken down somewhat severely. Following Bitcoin's drop to the 1,750 position, it has not been able to effectively break through 1,950 upwards, but instead shows a weak oscillation trend. If this range oscillates for too long, it may continue to break down. Therefore, we will take profit on ETH at 1,900, not holding any longer. This week we will continue to observe. Currently, the ETH/BTC trend can only be described as very weak. The SOL trend follows Bitcoin and is relatively healthy. Last week, we gave short positions at 135 and 139. The short position at 135 has taken an 8 U profit. Currently, 139 has not yet been reached. If there are long positions below 120, they can still be held for a bullish outlook, while short positions should be cautiously taken, and long holding is not recommended.
Today is Monday, and this week's news includes: 1. Dazi is holding the GTC conference. 2. Talks between the US and Russia on Tuesday. 3. On Thursday morning, the Federal Reserve's interest rate decision + Powell's speech. The most important aspect is the interest rate decision. Based on previous news and analysis, it is highly likely to remain unchanged, which is expected to have a downward stimulus on coin prices. This also presents an opportunity to go long.
Today's short-term opportunities for this week: BTC: Initial position 86,500 Additional position 88,900 ETH: Initial position 2,010 Additional position 2,070 SOL: Initial position 139.5 Additional position 143
In simple terms, all the above are resistance levels. It's not that there are any significant news events that could break them all at once, right? The resistance levels will drop and then support levels will hold up.
Let's encourage each other and do well with this week's trades.
Last week, Bitcoin's ETF spot continued to experience outflows, with nearly 1 billion in funds leaving. This is not good for the BTC market; the bulls' counterattack can only touch the 85,000 position. All technical forms are diverging, upward momentum is weakening, and Bitcoin is linked to the U.S. stock market, which is also performing weakly. However, from Bitcoin's trend, there is a tendency to break out first. From a larger perspective, the probability of continuing to break below 77,000 is quite small. If this week it dips below 78,000, it is still possible to boldly go long, as the risk-to-reward ratio in this range is very favorable. Ethereum's breakout is a bit serious. Following BTC's drop to the 1,750 position, it has not been able to effectively break above 1,950, but instead has shown a weak oscillating trend. If this oscillation continues for too long, it may break down further. Therefore, we are taking profits on ETH at 1,900 from our 1,780 position and will no longer hold. This week we will continue to observe. Currently, the ETH/BTC trend can only be described as very weak. Sol's trend follows BTC and is relatively healthy. Last week, we provided short positions at 135 and 139. The short position at 135 has reached an 8U profit. Currently, 139 has not been reached; if there are long positions below 120, they can still be held for a bullish outlook. Short positions can be taken quietly, but long holdings are not recommended.
Today is Monday, and here are the news points for this week: 1. Dazi is hosting the GTC conference. 2. Talks between the U.S. and Russia on Tuesday. 3. Fed's interest rate decision + Powell's speech early Thursday morning. The most important point is the interest rate decision; based on previous news and analysis, it is highly likely to remain unchanged, which is expected to have a downward stimulus on coin prices. This also presents an opportunity to go long.
Today's short-term opportunities for this week: BTC: Initial position 86,500, add position 88,900 ETH: Initial position 2,010, add position 2,070 SOL: Initial position 139.5, add position 143
In simple terms, all the above are resistance levels. It's not like there are any major news events that will break them all at once. Resistance levels will come down and then support levels will hold.
Let’s encourage each other and do well with our trades this week.
Although the ETF temporarily stopped outflows the previous day, the overall trend is still bearish. Yesterday continued outflows, and currently, the major demand zone is still around 78,000. The current trend is not very good, and long positions require patience. The ETH trend is very weak, and it seems to be breaking down further; it's best not to consider long positions for now. The levels are the same as yesterday, still focusing on short positions. BTC long positions have not exited yet, but the ETH pattern is not looking good, so I've exited all positions.
Familiar feeling, familiar taste. Although the rise in CPI is not obvious, it can be seen that ETF outflows have paused, which is definitely a good thing for the recovery of future market trends.
The benefits of CPI can only provide a brief spike; the strength of the bears is still very strong.
Apart from the low-level spikes, there's no way to go long.
During the day, btc87700-88700 is a point to consider going short. The aunt is very weak, and the highest can only reach 2070. Solana, can short at 139.
Currently, low-level long positions have not exited. Patience.
Waking up from a sleep, Ethereum just reached the entry point for a long position, placed the order, Bitcoin is still 1000 points short, decisively entered the market at market price.
Unity of knowledge and action. When others panic, I am greedy...
In terms of leveraged trading, the recent volatility has been exceptionally large. In the past few weeks, anyone who chased highs and sold lows or entered positions in the middle has basically been wiped out with leverage of 20X or more. Bull markets often have more spikes. Conversely, in a bearish downtrend, there will still be multiple rebound upper shadows. Lighten the baggage on the vehicle so that the main force can better control it. For those who have experienced both bull and bear markets, it might be worth reflecting on past experiences. Whether in a sharp decline or a significant rise, were you really in the vehicle? It is only when you are pushed to the point of being unable to accept getting off that it will accelerate. When it broke below 80,000 at the end of February, everyone understood that this round of the bull market had very likely come to an end temporarily. However, during the subsequent attempts to probe above 90,000, how many people actually held onto their short positions? Currently, the short-term resistance above is around 85,000, and the strength cannot be determined. Personally, I estimate it to be around 2,000-3,000 points, which can serve as a reference for ultra-short-term players. If there is another round of upper shadow, then the extreme value is expected to be around 89,000. At that time, it may be worth considering participating in a wave, leaving 91,000 for additional positions, with risk control at 92,000 and a target of breaking 80!
The summit on Friday really just ended up being a dud; the positive effects were already priced in from previous tweets. As Trump continued to make empty promises after taking office, retail investors' expectations of him steadily diminished, until news finally hit and the market showed a buy-the-expectation-sell-the-news trend... The speeches at the summit could be summarized in one sentence: 'Crypto makes America great again,' and then there was nothing more... This certainly exceeded personal expectations..
Regarding the already established strategic reserves, assuming there are no policy changes in the future, it will definitely be positive in the long term. But in the short term, due to previous overly high expectations, it was thought that strategic reserves could further boost Bitcoin demand, but the final outcome was simply not selling the existing holdings, leading to a massive sell-off by retail investors who were left hanging after expectations were not met... If we say that after the main upward wave ended in the first half of last year there were still electoral expectations to support the coin price, now apart from the repeatedly weakening expectation of interest rate cuts (at least no logical improvement in the first half), it is temporarily unclear what other expectations can support market sentiment for too long...
Last week, there was a continued significant outflow in ETFs, with a net outflow of 800 million dollars from Bitcoin ETFs and 120 million dollars from Ethereum ETFs. Among the prominent institutions in this round of main upward trends, MicroStrategy has accumulated Bitcoin in batches since November, currently facing a floating loss of over 3 billion dollars. Furthermore, this portion is equivalent to carrying about 5X leverage, and if it dips to around 7, it may face further successive liquidations. From the ETF outflow situation in the past few weeks, the outflow rate has shown a noticeably accelerating trend, making it quite unrealistic to return to the heating level of November in the short term.
After a week, we entered the market again with our short position at 98500 yesterday.
Assuming that all the friends in the skirt have placed orders, the short position of Solana 175 has also been entered, with a slight floating profit. Let's wait for the market to ferment. I believe that the continuous outflow of ETFs will definitely bring greater opportunities for decline.
Yesterday, the Bitcoin ETF outflow was 252 million US dollars. In the four opening days this week, there were outflows on three days and only a small inflow on one day. We open the Bitcoin daily K and see that the current large-scale pressure is still near the 100,000 integer mark. The current level is still under pressure at 98500-98800. Combined with the current situation in the United States, the probability of further interest rate cuts is not high, so I judge that it is difficult to see a strong bullish signal in the short term. Therefore, BTC long positions are not considered for the time being. It will be the weekend again soon, so the necessary conditions for a strong pull-up are not met in the next three days, and there is a vague head and shoulders bottom pattern in the range. Therefore, the short position given to 98500 yesterday can continue to be held patiently. The stop profit position is still around 94000. If the price actually breaks through 98500 and does not break back, it means that the market is turning around.
After Sol bottomed out at 160 during the week, it rebounded and fluctuated upward. The market has not yet finished. It can be clearly seen that the big pressure position is at the bottom of the previous range of 187-189. Based on the recent news information of the Sol chain, it is not possible to return to more than 200 in the short term. After all, the average price of unlocked Sol is around 90. Once unlocked, it will inevitably be a big sell-off. Therefore, the market is around 188 during the week, which is still a good short position.
Hello everyone, I am Haibi, welcome back, I will show you the cryptocurrency market in 5 minutes. Yesterday the market was quite strange, and all the short orders of BTC98500 were finally sold out at 96800. Although the second stop profit position was not reached, the profit was not bad. Yesterday the short-term order was 96100 short, 96900 stop loss, and the stop loss has been stopped out, and we continue to wait for trading opportunities. ETH is still running in the middle of the range, and there is no better entry point. Sol160's order has reached the first stop profit position, and the second stop profit position is 188, and it still needs to wait. Yesterday, Bitcoin ETF outflowed 0.71 billion, and Ethereum ETF inflow was 0.19
Let's take a look at today's trading opportunities. Bitcoin's 4-hour trading is still running in the range of 94,000 to 98,500. Although there was a certain rebound yesterday, it did not break through the downward trend line, so it is still not in a long position. If it still reaches the position between 98,500 and 98,800 today and tomorrow, it is still a very good short position. Other positions are not considered for the time being, and the large-scale pressure level is still around 100,000.
Ethereum's 4-hour trading is still running in the middle of the range. If it reaches the position around 2,850 today and tomorrow, it can continue to be short. Considering that Ethereum technology is about to be upgraded, there is a large room for speculation. Before it really rises, there must be a downward needle wash, so it is very reasonable to arrange long-term long orders between 2,360 and 2,400. This is a strong demand area.
Solana 4-hour market, after reaching 160, it rebounded and reached a high of 175. A small range has been formed. If the price reaches around 175 again, a short-term strategy can be adopted. The first stop-profit position is 163, and the remaining part is moved down to stop loss. (Currently, Sol has been unblocked, and there is no opportunity for long-term long positions for the time being.)
News: Today, due to Presidents' Day, the US stock market is closed for one day. Without mainstream capital support, the possibility of continuing to oscillate and decline is even greater... All rebounds are merely rebounds; currently, there are basically no conditions for a reversal...
Bitcoin is trading sideways and declining. Although it has not yet broken below the monthly line, considering the overall market environment and the candlestick trend, three words to describe it: "very weak." This afternoon's small rebound in Ethereum is currently uncertain whether it is just a flicker of light. But after years of deep cultivation in this market, I know the most basic logic: the decline of Bitcoin indicates that there is no new incremental capital because the first choice for external capital entering is definitely Bitcoin, followed by others. You've definitely never seen altcoins rise before Bitcoin, right? This indicates that the selling pressure for Bitcoin continues to be stronger than the buying pressure, and the only possibility for Bitcoin to decline while Ethereum rises is that the funds in the market are being rotated, shifting from Bitcoin to Ethereum... This is a reverse scenario; in this case, without any sudden major positive news to stimulate new incremental capital to enter, then the price increase is basically unsustainable... Thus, the rebound is merely a rebound...
Technical Analysis: Last week, the overall performance of ETFs was the worst week since the beginning of 25 years, but the market news is all about this institution buying and that institution buying, yet the coin price continues to be weak and declining. Retail investors have no consensus and lack enough chips to control the price; for now, one possibility comes to mind: institutions are offloading, releasing news to find buyers? The short position advice given last Friday at 98000-98500 should continue to be held, and the target has been moved to around 90500... On the short-term side, there is a short-term long position opportunity of about 2000-3000 points near 92800... Those in cash can consider near 97200 in the evening, with regular stop-loss, target unchanged... For Ethereum, due to the rebound in the exchange rate, refer to the real-time exchange rate near Bitcoin at 97200 to make a judgment..
Yesterday, Bitcoin ETFs experienced another outflow, and aside from tonight's uncertainty, Bitcoin ETFs have consistently seen outflows during the weekdays this week. Such weakness in ETFs is rare since Trump took office, seemingly for the first time. This also indirectly reflects the pessimistic sentiment of market funds at present. It's difficult to expect a reversal in the short term... In contrast, Ethereum ETFs have seen minor inflows and outflows with low volatility over the past two weeks; this lifeless state is worse than a complete liquidation, as opportunities usually arise after significant drops.. Recently, there have been several important news items, first is π. To be honest, I don't quite understand how this thing can be pushed online by exchanges. It's clearly a Ponzi scheme. All exchanges that issued launch announcements in the past two days have either withdrawn them or restricted trading. But that's okay, the exchanges are the biggest winners; the essence of the matter hasn't changed, but they have captured a large amount of KYC. When these new users find they can't trade, they will partially turn to other projects, which is a potential positive for the crypto circle.. Technical Analysis: Since the big spike on February 3rd, the overall environment last week has been similar to this week. A point to note is that after losing liquidity over the weekend last week, there was a continuous decline, with an overall drop of around 6000 points. This weekend, it is expected that the overall trend will face further cooling under the low trading sentiment in the entire market...
As we approach the weekend under this sentiment, ETF performance usually won't be too good. The next trading opportunity will be next Monday, so I personally believe that contract swing traders should short around 98000 and above tonight, with a stop loss above 99000 for a good risk-to-reward ratio. For Ethereum, braking around 2760 and above 2800... Waiting for the volume to increase after the weekend liquidity tightens, with a target not lower than 94500-2550 or even lower..