Short BTC115000-116000, target 108000, stop loss 118000
Reason for shorting: 1. Interest rate cuts are about to be realized; when positive news is realized, it often leads to negative outcomes, and it is highly likely to drop.
2. At the end of the month is Thanksgiving; during holidays, the market typically falls, along with the negative implications of the Japanese interest rate decision on 10.30.
3. Technical false breakout at 116000, standard bearish pattern; be aware of the formation of a secondary peak, breaking below the neckline, the bears will start to gain strength.
4. The time for the bottom formation is relatively short; any upward movement with low volume is likely a trap, and it will drop again #内容挖矿升级 .
The big event is coming! After BTC fails to break 116,000 three times, a major drop is inevitable!
1 BTC attempted to reach a peak of 116,000 for the second time without breaking it, and will test the bottom near 105,000 again; it has now entered a downtrend;
2 After dropping to around 105,000, it will rebound again to around 115,000, forming the third peak at 116,000;
3 If it fails to break 116,000 three times, there will be a significant drop below 100,000, testing the bottom near 90,000;
4 100,000 is likely not the bottom, and it may very well drop to around 90,000.
66000 has been reached, profit taken, just that wave of smoke bomb did not deceive, weak rebound, after the rebound it will continue to drop and test the bottom near 63,000. $BTC
$BTC $Tonight at 21:30, the Americans will announce employment data, which is expected to directly erase about 1 million jobs, becoming one of the largest downward revisions in U.S. history.
The employment data is not optimistic, which will have some impact on U.S. stocks and Bitcoin.
Tonight's BTC fluctuations will not be small, as the price has broken below that descending triangle, and BTC is likely to drop again to test the bottom near 63000.
As a continuation from the last time, the Bitcoin price has reached the key support zone of 66-67K as expected. I would like to share my views on the market outlook.
Currently, the overall market structure remains in a 4H high-level fluctuation, with no direction chosen.
My views are as follows: 1. If it holds at 66K, there is a possibility of consolidating and forming a bottom, with a chance to attack $70~73K+ within a week. 2. If the bears increase volume and break below 65K, the depth of the pullback may increase. 3. I tend to believe that after some fluctuations, it will maintain a large 4H oscillation upwards, but we must be wary of false breakouts.
I suggest gradually positioning in spot trading, and for contracts, use low leverage or wait for a right-side entry.
As I always say, trading involves risks and does not constitute investment advice. The market is fierce as a tiger, and operations must be cautious. #美国零售数据逊预期
btc, eth are currently still in a slow recovery period after extreme market conditions. Although there has been a rebound in the short term, the heavy resistance lines above have not yet been broken. The rise in the rebound feels more like a fleeting romance, providing more opportunities to escape. Do not indulge in fantasies; stay clear-headed.
The medium-term outlook remains unchanged: 2026 is still a downward structure, and the trend remains bearish. Even if there is a rebound, it is merely a breather on the downward path! In the short term, I maintain my view that Bitcoin will be 76000-5000 and Ethereum will be 1800.
Not chasing the empty, short-term bottom rebound, holding the long position for 2000 points, whether Lin Ge is still Lin Dog will depend on this wave! #何时抄底?
From eighty thousand to sixty thousand, there is a continuous and rapid decline, and a quick rebound is inevitable.
Based on the current strong bullish momentum in the four-hour timeframe, it is highly likely that there will be a rebound to around seventy-four thousand! After the rebound, there will be another deep drop, falling to the market bottom, with a large number of users' positions being liquidated, and institutions facing a drastic upheaval.
At this stage, unity of knowledge and action is crucial; it's time to go long. This time, we will take a short-term long position in BTC, seeing if it can rebound above seventy thousand, with the first target price at sixty-eight thousand, and the second target price at seventy-four thousand.
The most desperate and terrifying crash in the market is about to come, but it will ultimately arrive! The true bottom for BTC is between thirty-eight thousand and forty thousand. #何时抄底?
There’s no bad news and the market still falls; this is the most terrifying situation! The bulls have no ability to resist, incompetent bulls!
After a week of decline, there hasn’t been a decent rebound; it’s simply outrageous! ETFs have been continuously offloading from last November until now, and institutional leaders have all fled, making it difficult to rally! Americans hit after Asians, then after Europeans, and by night, Americans continue to hit; this kind of gradual decline will certainly end with a significant drop!
Strong downward trend! Next, watch for $68,000! #小非农数据不及预期
During the day, there is a decrease in volume and an increase in price, while at night, there is a decline Today has passed, but there is still worry about tomorrow. Tomorrow is Black Friday Many large investors are reducing leverage, leading to selling pressure There are too many large investors cutting losses in Ethereum A slight increase will lead to selling, everyone is escaping Btc70000 has also arrived, and the short signal is obvious Every day is lower than the last, every day brings a new bottom, it can't be bought out Pulling back to 74500 to stabilize before considering if the bulls are established #小非农数据不及预期
Short position, another 1300 points lost, every day around this time, funds are net outflowing. Then it rebounds a bit around 3-4 PM. The daily momentum of BTC is continuously strengthening, with only the barrier of 71000 left; if it breaks, we'll see the 60s! There is basically no strong support until 66000, it's like watching a plummet. As for Ethereum, it seems to be heading towards 1800! #美国政府部分停摆结束
This market is really as if going long is like being a dog, still need to short! Currently, I have an additional short position: gold! First, let's see gold drop to around 4700 #美国政府部分停摆结束
The resistance at the 80000 level for Bitcoin still exists in the short term, and selling on highs remains the only trading signal until a significant resistance is broken and a bullish structure is established, which would indicate a true reversal.
Trading idea: short around the 76500-77300 range, as the daily level has shown a two-stage decline. The 74500-72950 range is a potential reversal area where one can go long. #美国政府部分停摆结束 #美国政府部分停摆结束
The current market situation makes technical indicators insignificant in the face of negative information. The 4-hour golden cross quickly turned into a dead cross; going long is like being a dog, only shorting can make money.
Unless something unexpected happens, it won't go above 77000 today. The US-Iran standoff is heating up and it will continue to fall. After breaking below 74000, the nearest major support below is around 65000. #美国政府部分停摆结束