The pancake daily line has started to rebound and successfully broke through the middle track of the daily line, with bullish momentum exceeding expectations. The hourly line presents a classic bullish cannon formation, and the indicators are still in a divergent state. There is still upward space above, and in the early morning, one can choose to lightly position for a short bullish layout. #btc #ETH
$BTC Don't envy those seemingly accidental myths of sudden wealth; every seasoned player who has traversed through bull and bear markets understands that the market ultimately rewards not luck, but cognition. You can never earn money beyond your understanding; even if you gain it by chance, it will eventually be returned by your strength.
The weekend market is moving relatively slowly, and the coin price has been in a fluctuating range. The current coin price is also operating near the middle track of the Bollinger Bands. Currently, Bitcoin's first line of defense is in the 90000-90500 area, and yesterday's pullback once again verified the support strength here. The strong resistance zone above is concentrated between 93000 and 93700; this not only marks yesterday's rebound high but also gathers previous dense selling pressure. From a larger cycle perspective, if it can successfully break through 94000, it will open up space for a push towards 97000 or even higher positions. Conversely, special attention needs to be paid to the breaking of the 90000 mark.
In terms of operation, maintain operations within the range, performing high selling and low buying around 90000-93000. Await the Federal Reserve's interest rate decision next month. Also, set proper stop losses, with long position stop losses set around 89500 and short position stop losses set around 94000.
The market is moving slowly in the early hours, but that's okay. What was mentioned in the live stream about the current price directly seeing 91500 should not be a big problem. There's nothing to be done about it, as this is how it is when the US stock market is closed. Patience is needed for the market to move out. #btc #eth
#btc You don't have to chase after someone else's light; every step you take is paving the way for your own future. Those seemingly insignificant perseverances will one day reveal their meaning to you; it's okay to slow down occasionally, the wind will catch your exhaustion, and the sun will warm your confusion. Today, please embrace the effort you put in.
The core of contract trading is "survival first, profit second." Remember the following key points to ensure steady and long-term success:
1. Ironclad Risk Control: Always set stop-loss orders when opening a position to avoid taking chances; this is the bottom line for survival. Position management is crucial, and a single position should not exceed 10% of your capital; refuse to gamble with heavy positions. 2. Follow the Trend: Always trade in the direction of the main trend; do not go against the trend by trying to guess tops and bottoms. In an uptrend, primarily go long; in a downtrend, primarily go short. 3. Strategy First: Aim for a high risk-reward ratio (above 1:2); it is better to take small losses for the potential of large gains. After realizing floating profits, learn to use trailing stops to protect profits and secure gains. 4. Maintain Patience: Most of the time, it is better to stay out of the market and observe, like a cheetah waiting for high-probability and high-certainty opportunities, avoiding frequent trading. 5. Mindset Management: Overcome greed and fear. Do not strive to buy at the lowest point or sell at the highest; do not rush to recover losses after a downturn, and strictly follow your trading plan.
Finally, remember: Contract trading is extremely risky; seven parts rely on mindset, two parts on risk control, and one part on technique. Independent analysis, staying away from data trends and blind following, is essential for long-term survival in this market.
$BTC When the city falls into slumber, the souls of crypto enthusiasts begin their true late-night feast.
The candlestick chart is the only candlelight, illuminating your inner greed and fear. Every slight fluctuation is a test of your faith, your judgment, and your wallet.
You are not just watching the market; you are competing with another sleepless version of yourself in the world.
Don't hold on stubbornly, my friend. It's not the heroes who endure; it's those who survive the bull and bear markets that truly matter. Give the market some time, and also give yourself some sleep #eth
Evening short positions are precisely hit, easily accepting rich profits of over 1200 points! The market trend is under control, and strength needs no further words. Next, the high short strategy remains our main theme, waiting for the next feast.
$ETH K line red for a second, feeling that life is full of hope; green for a second, feeling that the world is all gray. Don't ask, just know it's on the road to breaking even, or in the pit of being deeply trapped—people in the crypto circle, who doesn't have a history of being pressed to the ground and rubbed?
$ETH The large pancake short position has once again captured a profit of 700 points, while Ethereum synchronously secured a space of 45 points! Accurately grasping the market rhythm, the trend provides sufficient strength, and we demonstrate greater execution ability. Although this wave of short positions may not be a huge profit, even the smallest fly is still meat; securing profits is stability! We will closely monitor the market for opportunities to re-enter, gradually harvesting and winning step by step!
The short position strategy has been successfully validated again. Bitcoin successfully captured a profit margin of over 1100 points, while Ethereum harvested 58 points in sync, all exiting according to plan to take profits. Our core principle is to seize short-term fluctuations, refuse greed, and take profits when they are good. The essence of trading is compound interest, not gambling. Strength does not need much explanation; results speak for everything. Follow us and prepare for the next opportunity. #btc #ETH
Good evening everyone! Today's market trends completely align with our predictions, with the price of the currency continuing to decline, having precisely broken below the critical level of 103000, perfectly hitting the expected target! However, this is by no means the end of the downward trend—judging from the current volume situation, there is still ample potential for release below. Throughout the day, we focused on a high short strategy, achieving significant gains; friends who kept pace must have returned fully loaded. Moving forward, let’s continue to exert effort together and create more achievements!
As early as when the currency price broke below the 106000 level, I clearly indicated: in the short term, bears will dominate the market direction. Previously, Bitcoin stabilized briefly in the range of 103500-103800 (recent lower bound of fluctuations and resonance with previous lows), primarily due to a large influx of bullish funds seeking to buy at the bottom. However, it must be clear that if this support level is lost, the next key level to watch is 102000—this is both the 61.8% Fibonacci extension level and an important barrier at the round number of 100000. Should the bears continue to increase volume, a price impact on 100000 will be a high probability event.
However, at the current juncture, evening operations should not blindly chase shorts, and it’s necessary to remain calm and rational: if the currency price stabilizes above 103500, one can take the opportunity to grasp a rebound, setting up short positions near 105000; if bullish rebounds are weak and there is no obvious upward momentum, then simply continue with the short strategy.
• Evening Bitcoin: Short in the range of 104500-105000, target towards 102000#btc #ETH
• Evening Ethereum: Short in the range of 3550-3580, target towards 3400
In the afternoon market, Kong Dan strikes again, achieving a space of 1349 points in Luodai. With the profit-taking alert popping up, everything settles down, and it’s another comfortable win. #BTC
The afternoon short position strategy is still being held, and the overall market is starting to show fluctuations. Don't rush, patiently wait for the market to move out. #btc