Get back into trading, and the goal is simple: To become a trader with stable returns and low drawdowns in real markets. Then, start taking on trades or create a secondary fund, Those who achieve great things often have the ability to attract different people to put their profits into their hands. Of course, if you can't achieve stable returns and low drawdowns, any imagination built on that foundation is invalid. After all, an unqualified trader will only harm themselves and others, especially those who trust you deeply.
This is a coin that retail traders will love; it’s super volatile. The 30min bullish trend is confirmed, and the 4H bullish structure has already been established. At this price level, going long offers a high risk-reward ratio.
The 5-minute BTC chart confirms a move, but the 30-minute chart is still in the red. We might see a small pushback followed by increased volatility. Here, whether you're long or short, don't use too much leverage, otherwise, you could end up right on the trade but still get liquidated.
The market might first head towards the 76,000 range, then we could see a second test, watch for the 30-minute uptrend to form at that second test. $BTC
Yesterday, the BTC 30-minute uptrend was severely wrecked, BTC is currently in a downtrend structure on both the 4-hour and 30-minute charts, It looks like we need to make a new low on the daily before we can really pump up.
Right now, the main strategy is to enter short positions, looking to add in conservatively around 79000, and definitely set up good defenses.
Last night the market experienced some serious volatility, with prices swinging widely around the central range. From a structural perspective, the bullish setup remains intact; the dip we saw last night leans more towards confirming the upward structure: after testing the resistance zone at 79000, we can expect at least one more quick dip, which aligns with the anticipated path.
Typically, a significant increase in volatility signals that a one-way trend is approaching. Stay alert, and don’t lose your patience and judgment during prolonged consolidations, or you might miss the critical window to catch those trend profits.
BTC broke through last night's 4-hour high, which means yesterday's pump was not a trap for shorts. However, before hitting 83100 next week, there will definitely be a violent retracement, forcing late buyers to dump their bags, while shorts panic and get trapped. Then, we'll see a brief short-side market.