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It's very easy to operate: • Step 1, enter "chat room" in the search bar, find 【Function - Chat Room】 to enter; • Step 2, click the “+” sign in the upper right corner, choose to add friends; • Step 3, enter the Binance ID (for example, if you want to find me, my Binance ID is 114 888 1962; or chat ID: btcwuxu1) • Step 4, after searching, you can directly initiate a private message, communication can be one-on-one, no longer have to worry about missing messages in group chats. With this feature, our communication is more timely, and we can quickly brainstorm ideas for the market trends ahead.
From the current market structure, it is still in a rebound cycle under the main downtrend framework, and the rebound momentum has not yet been fully released, so there is a certain probability of continuation in the short term.
The $88,000 level and the area below it are good opportunities for positioning, with a target looking towards around $95,000. After reaching this range, it is recommended to gradually reduce positions to avoid a trend reversal.
If the rebound continues to extend, the key resistance zone above focuses around $98,000. If there is a clear trend reversal signal in this range (such as a top divergence, volume exhaustion, chart breakdown, etc.), long positions can be considered, with a target below looking towards 70000#加密市场观察 $BTC $ETH .
December 10 BTC market outlook, personal opinion for reference only.
Only writing about the market I believe I can understand, if I don't understand, I won't update.
The market shows a continuous bullish pattern, the Bollinger Bands are opening upward, the mid-term upward channel structure is complete and steep, and the trend has strong technical support for short-term continuation.
The MACD indicator has been continuously crossing upwards above the zero line with increasing volume, the red bars' momentum is gradually expanding, and the volume-price combination is healthy, confirming the strength and sustainability of the current upward trend.
After the price quickly stabilized and rebounded after retracing to the short-term moving averages (MA5/MA10), the trading volume decreased in a stepwise manner during the correction, with selling pressure momentum exhausted, which is a typical healthy correction under bullish dominance.
Although the KDJ indicator is operating in a high region, there has been no death cross turning signal, and the RSI indicator remains in the strong range of 60-80, oscillating. After short-term consolidation and energy accumulation, there is ample upward momentum expected for new highs, and the short-term market's bullish dominance remains unchanged.
Intra-day support around 91500 and resistance around 95000, it is advisable to attempt high shorts and low longs during the day. #加密市场反弹 $BTC $ETH
From the current market structure, it is still in a rebound cycle under the main downtrend framework, and the rebound momentum has not yet been fully released, so there is a certain probability of continuation in the short term.
The $88,000 level and the area below it are good opportunities for positioning, with a target looking towards around $95,000. After reaching this range, it is recommended to gradually reduce positions to avoid a trend reversal.
If the rebound continues to extend, the key resistance zone above focuses around $98,000. If there is a clear trend reversal signal in this range (such as a top divergence, volume exhaustion, chart breakdown, etc.), long positions can be considered, with a target below looking towards 70000#加密市场观察 $BTC $ETH .
December 2nd BTC market outlook, personal opinion for reference only
In the market, trying to catch every wave of movement "is a typical cognitive misconception.
Counter-trend bottom fishing seems tempting, but in fact, it hides deadly risks.
Just like in the recent market, recklessly betting on a bottom rebound under a bearish trend often triggers a stop loss due to deviations in entry points, making it difficult to seize profit opportunities even if a rebound occurs later.
Moreover, counter-trend operations without stop losses are more likely to face deep losses after the trend continues. Therefore, unless there is an exceptional risk-reward ratio + strong signal resonance scenario, it is essential to avoid counter-trend trading; this is the core principle of trend trading.
During the pullback phase, it operates in a wedge rebound pattern. Once it breaks below the lower wedge line, the trend officially continues. After a period of consolidation, the daily candlestick closes with a large bearish K-line, further confirming bearish momentum. From the perspective of trend inference, the probability of the market continuing to decline under this structure is extremely high, and it is very likely to break yesterday's low, forming a secondary test of the previous low point, at which point the market will choose a direction again.
Key daily resistance level: 90000-91000 range, this position is an important defensive line for the bearish trend. As long as the price does not form a strong breakout, the market has no reversal momentum, and the high short strategy remains the core.
Today's resistance near 89000 supports the 80000 level #美联储重启降息步伐 $BTC $ETH
December 1st BTC market outlook, personal views for reference only
A new beginning, a new layout.
A deep decline from 126000 to 80600 is defined as a strong bearish trend, with rebounds in the 80600-93000 range being weak retracements, primarily driven by profit-taking from bears, with non-spot demand entering the market. The rebound has not broken through previous key pause levels, and the reversal logic is not established.
The volume selling on the first day of December meets expectations, and those chasing high prices face the risk of being trapped.
The monthly line testing the upper Bollinger band has failed, resulting in a doji star + large bearish combination after a false breakout. The MACD has formed a dead cross at a high position and is moving downwards, confirming the bearish trend, and this month has the momentum to refresh the low points.
The weekly bearish structure is confirmed, and after the decline, it has formed a small bullish candle with a long upper shadow, most likely indicating a top being built through bottom oscillation or direct downward movement, with a very low probability of reversal.
The cycle rhythm is a decline - weak rebound, with the daily line pinning up and rebounding to the middle Bollinger band encountering resistance and falling back.
In simple terms, the rebound is for shorting, with today's short position at 88888, attempting a short-term long near 85000, and looking to break the 80k mark as a major target. #加密市场反弹 $BTC $ETH
December 1st BTC market outlook, personal views for reference only
A new beginning, a new layout.
A deep decline from 126000 to 80600 is defined as a strong bearish trend, with rebounds in the 80600-93000 range being weak retracements, primarily driven by profit-taking from bears, with non-spot demand entering the market. The rebound has not broken through previous key pause levels, and the reversal logic is not established.
The volume selling on the first day of December meets expectations, and those chasing high prices face the risk of being trapped.
The monthly line testing the upper Bollinger band has failed, resulting in a doji star + large bearish combination after a false breakout. The MACD has formed a dead cross at a high position and is moving downwards, confirming the bearish trend, and this month has the momentum to refresh the low points.
The weekly bearish structure is confirmed, and after the decline, it has formed a small bullish candle with a long upper shadow, most likely indicating a top being built through bottom oscillation or direct downward movement, with a very low probability of reversal.
The cycle rhythm is a decline - weak rebound, with the daily line pinning up and rebounding to the middle Bollinger band encountering resistance and falling back.
In simple terms, the rebound is for shorting, with today's short position at 88888, attempting a short-term long near 85000, and looking to break the 80k mark as a major target. #加密市场反弹 $BTC $ETH