$BTC #BTC走势分析 《Bitcoin at the 84,000 mark! Is the next step a rocket launch or a free fall?》
The market manipulators have set a triple liquidation trap at the 84,000 position, causing my ashtray to be almost filled with cigarette butts while I watch the market! The range from 84,000 to 85,000 has seen multiple attempts to break through, but has failed, forming a short-term 'supply zone', meaning that the selling pressure here is relatively strong.
From the weekly and daily charts, the weekly rebound is weak, and the daily chart has also failed to stabilize at the midline, indicating that the upper pressure remains significant. However, U.S. stocks have temporarily stopped their downward trend this week due to favorable data, providing the market with some breathing room.
There are also quite a few uncertainties in the market:
- The 'insider brother' has closed his short positions; it's unclear whether he has temporarily stepped back or changed wallets. Personally, I lean towards him temporarily stepping back, as someone of his scale would be quickly monitored by the market if he changed wallets.
In the short term, I favor a volatile market between 82,000 and 85,000. The data we can see is:
- Above 85,000, there are 230,000 BTC in short futures, worth about $20 billion.
- Between 82,000 and 84,000, there are 150,000 BTC in spot accumulation.
- Large buy orders are concentrated between 80,000 and 82,000, while large sell orders are concentrated between 84,000 and 87,000.
Therefore, the intraday trading strategy is very clear: operate between 82,000 and 85,000, trying to avoid the middle price range, aiming for stability!
Some students may ask: What if it goes up or breaks down?
- If it breaks 85,000, you can chase the long position, setting a stop loss at 84,000, with a target looking towards 88,000, or even 91,000 (last year's Wall Street cost zone).
- If it falls below 80,000, aim for 76,000, with a second target of 73,000.
As for whether to short in a market where institutions are not participating:
- If Binance's long positions exceed 65%, the market manipulators are likely to crash the price.
- When breaking levels, the trading volume must increase, at least three times the usual.
To summarize, all analysts have similar views: it could go up, it could go down, and sideways movement is not ruled out! The key is to have your own trading logic.
In the past two years, the path of trading has grown increasingly distant, and the time spent watching the market has lengthened. Now in my thirties, I've started to lose hair, and I just hope to go a little further down the path I enjoy!
Alright, if you want to keep up with my real-time operations, give me a follow!
The market manipulators have set a triple liquidation trap at the 84,000 position, causing my ashtray to be almost filled with cigarette butts while I watch the market! The range from 84,000 to 85,000 has seen multiple attempts to break through, but has failed, forming a short-term 'supply zone', meaning that the selling pressure here is relatively strong.
From the weekly and daily charts, the weekly rebound is weak, and the daily chart has also failed to stabilize at the midline, indicating that the upper pressure remains significant. However, U.S. stocks have temporarily stopped their downward trend this week due to favorable data, providing the market with some breathing room.
There are also quite a few uncertainties in the market:
- The 'insider brother' has closed his short positions; it's unclear whether he has temporarily stepped back or changed wallets. Personally, I lean towards him temporarily stepping back, as someone of his scale would be quickly monitored by the market if he changed wallets.
In the short term, I favor a volatile market between 82,000 and 85,000. The data we can see is:
- Above 85,000, there are 230,000 BTC in short futures, worth about $20 billion.
- Between 82,000 and 84,000, there are 150,000 BTC in spot accumulation.
- Large buy orders are concentrated between 80,000 and 82,000, while large sell orders are concentrated between 84,000 and 87,000.
Therefore, the intraday trading strategy is very clear: operate between 82,000 and 85,000, trying to avoid the middle price range, aiming for stability!
Some students may ask: What if it goes up or breaks down?
- If it breaks 85,000, you can chase the long position, setting a stop loss at 84,000, with a target looking towards 88,000, or even 91,000 (last year's Wall Street cost zone).
- If it falls below 80,000, aim for 76,000, with a second target of 73,000.
As for whether to short in a market where institutions are not participating:
- If Binance's long positions exceed 65%, the market manipulators are likely to crash the price.
- When breaking levels, the trading volume must increase, at least three times the usual.
To summarize, all analysts have similar views: it could go up, it could go down, and sideways movement is not ruled out! The key is to have your own trading logic.
In the past two years, the path of trading has grown increasingly distant, and the time spent watching the market has lengthened. Now in my thirties, I've started to lose hair, and I just hope to go a little further down the path I enjoy!
Alright, if you want to keep up with my real-time operations, give me a follow!