wolf_king88

#ETH Update

As long as we hold the gray sideways trading range, there remains a possibility of an upward move; therefore, do not chase short positions at the lower edge of this range, as it continues to act as support. If you have opened long positions here, ensure you manage your risk effectively—and if this sideways range fails to hold, do not harbor any further illusions.
#Wolf_king88 $ETH

📊 #ETH: Next Key Resistance Zone 📈

🧠 Structurally, we are seeing sideways consolidation within the gray zone to absorb the selling pressure here.

➡️ From a pattern perspective, an ascending triangle is forming; this pattern typically signals a continuation of the existing trend, so please be cautious about shorting. We should prioritize long positions until the price reaches the key resistance zone of $2,700–$2,900!

➡️ If the price tests the upper edge of the triangle and finds support there, we could see further upside 📈.

⚠️ If the price breaks below this gray consolidation zone, market sentiment will turn bearish.

🤜 Follow me to stay updated on market movements. Remember to like 💖 and share 💬.
#Wolf_king88 $ETH

#BTC

1R has been achieved; you can manage your position here.
#Wolf_king88 $BTC

#BTC Update

The market price has stabilized above the support line, and the 1-hour downtrend has concluded; be alert to the risk of a rebound.

The short-term resistance zone to watch is in the vicinity of 79,800–80,888.
#Wolf_king88 $BTC

#BTC Update

The expected reaction at the support level near 76,770 has played out, confirming the success of the trade setup.
However, to sustain upward momentum, we need to see the price stabilize here for a while or witness the end of the 1-hour downtrend before we can maintain an optimistic outlook.

We may need a bit more patience.
#Wolf_king88 $BTC

📊 #BTC Expanding Wedge 📈

🧠 Structurally, we are still consolidating sideways within the red zone. This indicates significant market divergence, with the sideways movement serving to absorb the selling pressure at this level.

➡️ From a pattern perspective, an expanding wedge is forming here. If we can hold the lower edge of the wedge, there is still a chance to challenge the key pivot point at $82,811.

➡️ Regarding the data, spot ETFs continue to show net inflows, suggesting a high probability that bullish momentum will persist; therefore, exercise caution if considering a bearish stance!

🤜 Follow me to stay updated on market movements. Remember to like 💖 and share 💬.
#Wolf_king88 $BTC

#BTC Update

The short position was closed after hitting the entry point, having already locked in major profits.
Patiently waiting for new trading opportunities.
#Wolf_king88 $BTC

#BTC Update

The pullback reaction has already occurred, signaling that the trade setup has played out successfully.
You may therefore choose to manage your position.
If your short position hits the break-even point, any new shorting opportunity should only be considered after the price breaks above the high (H) of $82,811.#Wolf_king88 $BTC

📊 #BTC: Watch out for a pullback ⚠️

🏥 Apologies for the hiatus this week; I was unwell. I have now recovered and am ready to resume updates and scout for new trading opportunities.

🧠 Structurally speaking, after a period of sideways consolidation within the red target zone, a bearish structure and pattern have formed. We should therefore be alert to the possibility of a deeper pullback!

➡️ The first support zone is around 74,500–75,500. The second support zone is near 72,000.

➡️ The strongest support zone is around 66,000–67,000.

⚠️ Looking at ETH's structure, the risk of shorting here remains high; please use small position sizes if you decide to try, or simply wait patiently. If a pullback occurs, focus on long trading opportunities at the support zones.

🤜 Follow me to stay updated on market movements. Remember to like 💖 and share 💬.
#Wolf_king88 $BTC

#HYPE Reached Overlapping Support Zone✔️

From a structural perspective, the target of our double-top bearish pattern built in the blue overlapping resistance zone has been achieved, and this target zone overlaps with the neckline at 59.45, so obtaining some support here is quite reasonable.

However, unfortunately, the lowest price was only $0.444 away from our target price. Manually locking in 80% profit, or taking all profits, is reasonable. More patience is needed to aim for larger profits. Can it fall to around $50?$HYPE
#Wolf_king88

📊#BTC Downside Risks Remain⚠️

🧠From a structural perspective, we found weak support after reaching the yellow support zone, and the rebound encountered resistance near the blue resistance zone. Currently, there's no structure for a sustained rebound; it remains in a bearish phase. I estimate it will be difficult to even reach the resistance zone around 78,000, let alone 79,000.

➡️Bearish trend, sell on rallies. If the price experiences a decent rebound, we can still look for shorting opportunities.

➡️Stable long trading opportunities will only appear if the price stabilizes above $70,000.

⚠️With escalating geopolitical tensions, risk assets will face priority selling pressure, so please be cautious about going long!

🤜Follow me, and I will guide you through market changes. Remember to like💖 and share💬
#Wolf_king88 $BTC

📊#BTC Beware of a potential crash⚠️

🧠The market has been stagnant lately, with us consolidating sideways around $80,000. That's why I took some time off recently. It wasn't until today that I noticed some changes in the market structure. From a daily chart perspective, a daily-level bearish structure is forming here, so we need to be wary of a daily-level correction starting from this point.

➡️So the support levels we need to pay attention to next are around $76,000 and $72,000.

➡️If the market does not experience a daily - level correction as expected, but instead continues to rise. If it further breaks through the previous high of $82,800, it means that the market is still continuing its bullish momentum. The next important resistance zones we can pay attention to are around $86,000 and $88,000.

⚠️From a graphical perspective, the market price is still moving within the bear flag and is currently in a bear market phase, so we still need to be vigilant against the risk of a decline. At the same time, we are still suppressed by the ascending channel. Two upward attempts have failed, indicating that the market is under significant pressure. If we break below the lower edge of the bear flag in the future, we may enter a deeper correction phase.

🤜Follow me to stay informed about market changes. Remember to like💖 and share💬
#Wolf_king88 $BTC

📊#BTC.W Update

🧠The market has pulled back as expected. The price has now reached the lower edge of the bearish flag pattern. We need to observe whether it can find support and stabilize here.

➡️If it fails to find support here and instead breaks down quickly (70,000 USD is crucial), then we need to be wary of a crash similar to that of January 16th this year!

➡️The short positions we took on May 14th have now reached their final target (71788), so we have taken profits on all of them. Congratulations to those who followed and profited!🍻

⚠️The bear market is far from over. Be patient and wait for a cheaper price range.

🤜Follow me, and I will guide you through market changes. Remember to like💖 and share💬
#Wolf_king88 $BTC

#ETH Update

The market developed as expected. We found new support around $1800 and retested the resistance zone around $1950, also reaching the first target price of my trading strategy. If you followed my strategy, you can lock in most of your profits here before looking for a higher target price ($2058).

Currently, spot trading is showing a continuous net inflow, so we should maintain a bullish stance. If the price can retest the neckline support level, we can still try some long positions!

If the market doesn't pull back and continues to consolidate sideways to absorb the selling pressure around $1950, it means the market price will continue to rise from here.
#Wolf_king88 $ETH