#DODOXUSDT This return of 300%+—I didn’t manage to store it because the deal entry and take-profit both automatically triggered to end. I’m considering whether to do a public test of 100 times 🤔
$BTC “Golden Pit” is an indicator that only I personally use—its risk is very high, so the returns are also high. The same goes in the opposite direction as well. It also requires enough patience.
$BTC Why isn’t it emptying now? I came out of the short from over 60k as well—it’s also a short-term trade. The reason it’s shorting up to here is because it’s a strong support area. If it breaks below, it could continue to be shorted, but that would be a gamble. On the daily timeframe, there are too many unknown factors. By the time it got here, I’ve already been lucky. So personally, from here on, I’ll only buy the dips at low prices and not chase shorts.
Taking profits is the safest.
The chart Google made is so… too AI. I can’t be bothered to make more……
$BTC This round of 618 and the power of the channels are both very strong. We held up according to the pattern, but as for what unknown forces there are—we still don’t know yet……
TraderLeoHK
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Bullish
$BTC 5 days ago touched the daily chart Fibonacci 618 for the second time. Today it’s the third time coming down closer—hope it doesn’t break through… 😱
$BTC 5 days ago touched the daily chart Fibonacci 618 for the second time. Today it’s the third time coming down closer—hope it doesn’t break through… 😱
$BTC We're approaching the midline of the channel, which usually signals a reversal or a strong resistance level. Let's see if it can hold here, probably around 58000, but there's still a lot of temptation below!
#BTC Let's keep it simple, AI stocks are popping up, and the bubble is about to burst. The impact on crypto is likely to be wild swings between crashes and rallies. Liquidity is about to return.
MethodAlgo released a report discussing why this summer might be tough for the crypto market$BTC . The original text is pretty hardcore, filled with jargon. After reading it carefully, it resonates quite a bit. Let's get to the conclusion: Every year from June to August, there's an old pattern in the crypto market—it tends to drop, experience slow declines, and can suddenly crash out of nowhere. This year, this mechanism might be even harsher than in previous years. Why? The research report breaks down 5 reasons, I'll translate them one by one: 1️⃣ The big players are off on summer vacation (liquidity dead zone) There's an old Wall Street saying: "Sell in May, go away"—liquidate in May, take off for summer, and come back in September. When the institutional whales leave, the market's "pool" gets shallower. In shallow waters, even a small stone can create big waves. Over the past 7 years, there have been declines in 5 summers.
#BTC 1. Broke down through the channel 2. Oscillator showing in a bearish apex background 3. Starting to nibble on those low leverage liquidation zones that I usually wouldn't touch...
#BTC isn't looking too good, aiming for 58000, and there’s a pretty clear downtrend. The support is getting weaker while the resistance is pretty strong. Not recommending any contracts here. The bot has initiated a downshift.
But that doesn’t mean we’re in a bear market; from a broader perspective, we’re still in an uptrend. Staying bullish on the long term, continue to hold the spot.