The cakes are finally feeling better emotionally. Air Force brothers can avoid it for a bit; even if the pullback causes some loss, it’s not the end of the world if it takes a few more days. I just don’t believe that Chuanzi can use his mouth to recreate another bull market. Maybe he’s getting everything into place—does he plan to run away himself?
I still have the same old saying: boldly assume, cautiously verify. If it really comes to that, just stay in cash for a few days. There will be opportunities for us to return to our peak again. Once I think the timing is right, I’ll keep it in cash until the sky and the earth are dark.
I have to eat it every time it’s updated—it's basically all at the top. It drops in one shot. If you get trapped, remember to urgently contact me—I’ll update the method one more time.
The biscuit’s move from 65,000 came much slower than I expected. At least in the last update there was an expectation that we would already reach it. Here on the short-term chart, after going above 65,000 there was a clear pressure/struggle. Since there’s an opportunity, let’s try it out—stop loss at 66,000. For now, let’s first watch the move to wave 63 and see.
I didn’t update regularly and didn’t get past that either, so I won’t set a specific schedule for when I’ll update—I’ll just post whenever I feel like it [thinking]
The cake (biscuit) dipped below 58,000 and gave 57,758 in the area, then it started a rebound in a rather half-hearted way—the “tiger head and snake tail” style. Not updating doesn’t mean I wasn’t paying attention. At the time, my thinking was that it ground around at 58 for so long; once it broke below, there should have been a bigger wave. But the result is what it is—I’m honestly convinced.
Before the morning close, it faced pressure at 64 and started to pull back. For this short-term move, I think there’s still room to go a bit lower. Whether it will drop enough to bring out something big is still in question for now. If it goes upward instead, the space above is also limited. A few days ago someone asked me about it; at that time I said the extreme would be 65–68. With the current situation directly flipping and reversing, I can’t see it clearly yet. Don’t be too optimistic. If the call is to short, then it’s still a short. Put this strong short entry around 65. Then we’ll first look at the 61 area and see!
Is 59000 the bottom? You want to bottom-fish it, and you want to bottom out so hard you lose everything—everyone’s already on that consensus. If it doesn’t cut you to the point where your scalp goes numb, then you’re lucky you don’t have much hair. Empty, empty, empty—move into the royal palace!
#比特币跌破200周均线 $BTC Give up on the long position fantasy; is there really a consensus on this bottom? That just sounds like a weapon to short your bag. Oh boy, the bears are unstoppable.
Yesterday I told you to short, and that’s another 3000 points in your pocket. We're just a step away from 61000, stop messing with the bulls, let’s get it down already.
Missing persons are back, time for our weekly update. If you shorted last week, even just hitting 66000, you could have pocketed nearly 4000 points.
Bitcoin dropped to 62232 and is now bouncing back to 64200. In the short term, I'm leaning bullish here. Ideal short entry would be above 65000; hitting around 65700 would definitely be sweet. I might not be able to wait; going long requires caution, while going short is all about being aggressive. Once we hit 65000, I could charge at any moment, so gauge your entry points carefully. The target is aimed at around 61000, and that's when you short.
It's like I'm telling you to short and it's hurting you. I mentioned this a couple of weeks back, hitting the short position, and it had to be a solid pump. 64500 basically hit my first target for a short-term play, now we just wait for the evening. The whole big picture isn't bad either, you know?
Here we are again with the weekly update. The news just before the close made the weekly candle look much better. It’s always going to end sometime; I really hope this time it’s for real and we can stop the daily drama. As I mentioned last time, we’re still targeting a bounce in the 66000-69000 range, which is still a short zone. It’s just another bounce, not a reversal. So, keep shorting as needed.
Updates will be less frequent moving forward; I'm a bit worn out personally. It's Monday, so here's the scoop.
Bitcoin dipped to the 59080 level, then went through a consolidation phase before starting to rebound. This morning, it hit a high around 64250 but faced some resistance and started to pull back. Regardless of how you look at it, a rebound is a good sign; the ups and downs are just part of the normal rhythm. If it continues to rebound, I expect a range between 66000 and 69000, which is a good shorting zone. We're still a bit far from that, but the overall trend remains bearish.
Currently, on the short term, I don't see much upside here. I'm looking to go light on a short around 63500, and that's that. I'm feeling aggressive and am already in a position that’s got me a bit boxed in.
The coin hit a low of 59080 yesterday, bounced up to 82800, and then dropped over 20000 points again. I've said countless times during this bounce that it's a rebound, not a reversal. This week's one-sided market reminds me of July to October of '24, where it just kept going up without any logic. The difference is, I didn't have faith in the bullish trend back then, so I took a hit. In the current situation with the coin, just keep shorting during the rebounds.
I suddenly realize that going short isn’t particularly enjoyable; when it drops too much, I worry the market might crash. When it doesn’t drop, it’s just a daily grind of losses, and that’s not much fun either. However, at this stage, being bearish is a must. If there's another round, I’ll aim to go long at the bottom.
The dip was too severe, I couldn't resist, so I opened a long position, stop-loss at 60300, if it hits 59800, I'll just consider it me giving back a bit of what I made from my recent shorts. Let's go for it!
Even though everyone has been shouting to give up on going long, ditch the bullish dreams, and just mindlessly short, with the market dropping like this, it's explosive! A little bounce to trick the bulls and play around with some hits will naturally liquidate those longs. In 2024, we cultivated so many bulls who only know how to long. While they're happy every day, I'm down. Why is it that the bears don't seem as thrilled when they’re crushing it?
The bulls were analyzing the support at 70k the day before yesterday, then it was 68, 67, 66, and 65 yesterday. So where are we looking today? Woke up to see 64, and I'm a bit stunned; the drop has been too steep. The firepower of the micro strategy's signal flares is becoming apparent. With this kind of decline, it feels like we're entering a vicious cycle; is the death spiral really upon us? Even with a ceasefire, we can't seem to get a bounce. Let's set a small target and see if we can at least start with a 4 in the beginning?
After dropping this much, the market for the coin is kind of breaking down, currently sitting at 64k. Just yesterday, we were saying it wouldn't get trapped, but today we have to think about how greedy we wanna get. In the short term, even 64 can't hold. Let's keep an eye on 62,500.
It’s all good, I managed to jump in and take a bite; otherwise, I’d be feeling pretty rough. The short-term action has bounced back a bit here, but it won’t affect the upward trend—I’ll be back for more.
It's a bit of a downer, shouldn’t we be happy? The coin's taken a dive like this, and I woke up before 8 for the first time in ages. The coin started its bearish slide from 71000 yesterday, and there hasn't been much of a solid bounce; any little uptick just leads to more drops. Sure, I'm bearish, but after all these years, what kind of market haven’t I seen? The drop isn't that severe, but the way it's moving does feel a bit disheartening.
With the market trending down, MicroStrategy's triggers might spark a new wave of liquidations. I won’t go into details since I’ve mentioned it before, but it’s time to give up on bullish fantasies. Shorting at least won't get you caught in a squeeze in the short term; that's a given.
In the short term, 66150 seems to be the support level where it stopped dipping, leading to a small bounce. Currently, we're trading around 66800. I'm leaning towards a bounce before another drop, nothing too aggressive. If it gets too aggressive, I’ll adjust my position and see if we can get near 67700 to short. If it spikes early, I’ll tweak my position accordingly.
It's a bit of a downer, shouldn’t we be happy? The coin's taken a dive like this, and I woke up before 8 for the first time in ages. The coin started its bearish slide from 71000 yesterday, and there hasn't been much of a solid bounce; any little uptick just leads to more drops. Sure, I'm bearish, but after all these years, what kind of market haven’t I seen? The drop isn't that severe, but the way it's moving does feel a bit disheartening.
With the market trending down, MicroStrategy's triggers might spark a new wave of liquidations. I won’t go into details since I’ve mentioned it before, but it’s time to give up on bullish fantasies. Shorting at least won't get you caught in a squeeze in the short term; that's a given.
In the short term, 66150 seems to be the support level where it stopped dipping, leading to a small bounce. Currently, we're trading around 66800. I'm leaning towards a bounce before another drop, nothing too aggressive. If it gets too aggressive, I’ll adjust my position and see if we can get near 67700 to short. If it spikes early, I’ll tweak my position accordingly.
It’s been a bloody day for the bulls, the bounce is weak, so be cautious going long. Do you really think that shorting while living in the palace is just a slogan?
The short position has pretty much hit my expectations, today we've seen a drop of 2200 points. However, this bearish trend is a bit tricky to read right now. I'm not considering chasing the shorts for the moment; let's see if we get a bounce before making any decisions.