In the near future, the overall volatility of Bitcoin has been running near the lower low point, oscillating and consolidating, seeking to test the lower support area. The support of 92000-90000 is still strong and effective. The consolidation repairs and accumulates funds. After the bottoming out is completed, Bitcoin will usher in an increase, and the probability of pulling up is very high.
4-hour structure chart, K-line pattern long and short continue to pull the game, the unilateral market is greatly restricted, and the oscillation downward support area consolidates. It is currently in the bottoming stage, and there is still a need to test the support, waiting for the bullish momentum to increase. The market sentiment is one-sided, and Bitcoin will return to the bull market. The night operation is carried out around the previous oscillation range high and low.
A new week is starting, which also means it's time to say goodbye to 2024 soon. This is the time to summarize what we've gained this year.
The market over the weekend has shown a sideways fluctuation until last night when volatility appeared. This actually aligns with the typical characteristics of weekend market behavior.
From the 4-hour structure chart, the K-line has shown a consecutive decline, being pressured at the 100,000 level, and is once again testing the double bottom support area. As of now, there are no signs of stabilization, so I expect there may still be probing pin situations to occur. If there are friends who want to go long, it is advisable to wait a bit longer until a probing pin appears, then take the opportunity to go long, as that would be relatively safer.
Bitcoin has retraced to the 92,500 - 92,000 range to go long, with a target near 95,000.
Yesterday, the market was once again under pressure at the 100,000 mark. It’s evident that the pressure at this position is still quite significant, and further pullback is needed to gather strength.
After the drop during the day session, the evening session did not react much and formed a sideways fluctuation at lower levels, indicating that the evening session seems reluctant to continue the downward trend. Moreover, the Asian and European sessions are showing signs of a washout and accumulation.
From the 4-hour structure chart, the market shows a continuation of declining candles; however, the downward trend could not sustain and instead entered a sideways state, waiting for buy orders to come in. In the short term, a fluctuating range is expected to form. Both bulls and bears currently lack the momentum to continue their trend, so given the current market conditions, it can be treated as a range-bound market.
4-hour structure diagram, the double bottom support below is effective, a big bullish candle has pushed prices higher, currently forming a slow upward trend, bulls are gradually increasing their volume, a new round of upward trend has begun, just maintain a bullish outlook.
Last night's market was truly unexpected and quite overwhelming. The strategies discussed yesterday mentioned that the bulls were somewhat weak, and the support of the double bottom might break. Indeed, before the evening surge, the overall market trend reflected this. However, the market reversed dramatically in the evening, with bulls directly pushing the price up, charging towards the 100,000 mark.
In the 4-hour structural chart, the K-line pattern of the double bottom support is valid, followed by a strong upward movement, pushing above the moving average. The bulls once again gained strength, breaking the previous short-term downward pattern and returning to an upward trend. Although the daily level has shown consecutive bearish candles, a strong bullish candle has broken the downward channel. Currently, there is still resistance below 100,000 in the short term, so pay attention to the situation regarding this resistance level.
Bitcoin is advised to buy in the range of 97,500-97,000, with a target of 100,000-101,000.
The current overall market trend is still leaning towards weakness, with the rebound strength being relatively weak. The overall structure continues to operate in a downward trend. The double bottom support mentioned earlier now appears to be on the verge of breaking. After the rebound, there will definitely be a decline, and we will continue to maintain a bearish outlook in the evening.
Short positions should be taken when Bitcoin rebounds to the 9500-95500 range, with a target looking at 91000-90000 (if it breaks, continue to look at 88000; if it doesn't break, then switch to long positions) #BTC #ETH #灰度提交Horizen信托文件 #币安Alpha公布第5批项目 #币安LaunchpoolBIO $BTC
币圈--华哲
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#Brothers! Good morning Yesterday's market trend perfectly met expectations, and of course, the gains were abundant. Whether it was the short-selling point provided or the downward target, both successfully reached their goals. Currently, it seems that brothers wanting to catch the bottom in the short term will need to wait a bit longer.
The 4-hour structure chart shows that there is no moving average forming a downward channel in the short term; the K-line continues to decline along the direction of the moving average. Currently, it has reached the lower double-bottom support structure. Judging by the overall rebound strength so far, it seems that the chips at the double-bottom structure are not sufficient, and the rebound strength is not strong enough. A deeper correction is needed to stimulate long positions to enter. We will continue to maintain a bearish outlook for the day.
Short-sell Bitcoin at the rebound range of 95400-95800, targeting 91000-90000. #BTC #ETH #币安Alpha公布第5批项目 #币安LaunchpoolBIO #比特币市场波动观察 $BTC
#Brothers! Good morning Yesterday's market trend perfectly met expectations, and of course, the gains were abundant. Whether it was the short-selling point provided or the downward target, both successfully reached their goals. Currently, it seems that brothers wanting to catch the bottom in the short term will need to wait a bit longer.
The 4-hour structure chart shows that there is no moving average forming a downward channel in the short term; the K-line continues to decline along the direction of the moving average. Currently, it has reached the lower double-bottom support structure. Judging by the overall rebound strength so far, it seems that the chips at the double-bottom structure are not sufficient, and the rebound strength is not strong enough. A deeper correction is needed to stimulate long positions to enter. We will continue to maintain a bearish outlook for the day.
A new week, a new atmosphere. I hope all coin friends have a smoother journey in the dog farm. After two days of ups and downs over the weekend, the market has ultimately shown two consecutive bearish days on the daily chart. Although the US stock market is closed now, the volatility in the Asian and European sessions is also considerable and very noticeable. The fluctuation range over the weekend is obvious.
In the 4-hour structure chart, a large bearish candle probes down, quickly rebounds, recovers the decline, but then encounters strong resistance above. The upward momentum could not sustain its volume, resulting in a pullback and another drop down. Currently, the market shows a second bottom probing pattern, with a probability of testing around 90,000. Maintain a bearish outlook for the day.
Bitcoin rebounded to the 96,500-97,000 range to short, with a target of 93,000-92,000. #BTC #ETH #加密市场盘整 #市场调整後的机会? #PCE通胀降温 $BTC
A new week, a new atmosphere. I hope all coin friends have a smoother journey in the dog farm. After two days of ups and downs over the weekend, the market has ultimately shown two consecutive bearish days on the daily chart. Although the US stock market is closed now, the volatility in the Asian and European sessions is also considerable and very noticeable. The fluctuation range over the weekend is obvious.
In the 4-hour structure chart, a large bearish candle probes down, quickly rebounds, recovers the decline, but then encounters strong resistance above. The upward momentum could not sustain its volume, resulting in a pullback and another drop down. Currently, the market shows a second bottom probing pattern, with a probability of testing around 90,000. Maintain a bearish outlook for the day.
The short-term market for large pancakes has welcomed a wave of oversold rebound, with a needle-like bottoming pattern appearing on the daily chart.
Yesterday, there was a large amount of buying power at the bottom, indicating that one should not underestimate the buying strength during the daytime. Even when the US stock market is closed, it can still guide the overall market trend.
Regarding the current situation, the short-term bulls have not yet fully strengthened, and there is a critical resistance level above, around 102800. Moving forward, it is essential to closely monitor whether this position can stabilize completely.
It is expected that there will be a lot of buying interest during the daytime, so it is advisable to maintain a bullish outlook, focusing directly on the 100,000 mark.
The morning's directional thinking was incorrect, leading to losses on the trades. I didn't expect the weekend's market to have a continuous one-sided trend, which caught me off guard.
The 4-hour structure chart shows a large bullish candlestick rising, and the bulls are beginning to counterattack. The low point near 92300 from last night has become the bottom structure for this pullback, and the bullish pattern is gradually forming. The pullback periods are always brief, and we are about to challenge the 100,000 mark again. It is likely that we won't see Bitcoin below 100,000 again.
Yesterday's market once again showed a downward trend, first slightly rising to give a false bullish signal above 98000, and then experiencing a significant drop, plummeting to around 92200 in the evening, a decline of 6000 points, which is quite considerable. Huazhe's strategy yesterday was also precise, first recommending short positions around 98500, targeting 95000, and including a key insight: 'This downturn is very likely to test the 92000 - 90000 range.'
In the 4-hour structural chart, the overall K-line pattern is still operating within a correction channel, and the overall market will continue on the correction route. Although there was a rebound last night recovering some of the losses within a certain range, it is still under pressure in the upper heavy pressure zone around 98000. If this level is not broken, the downward trend will continue, and we remain bearish for the day.
Short positions near 98000 on the Bitcoin rebound, targeting 95000-94000. #比特币市场波动观察 #萨尔瓦多增持BTC $BTC #BTC #ETH #加密市场回调
Yesterday's market once again showed a downward trend, first slightly rising to give a false bullish signal above 98000, and then experiencing a significant drop, plummeting to around 92200 in the evening, a decline of 6000 points, which is quite considerable. Huazhe's strategy yesterday was also precise, first recommending short positions around 98500, targeting 95000, and including a key insight: 'This downturn is very likely to test the 92000 - 90000 range.'
In the 4-hour structural chart, the overall K-line pattern is still operating within a correction channel, and the overall market will continue on the correction route. Although there was a rebound last night recovering some of the losses within a certain range, it is still under pressure in the upper heavy pressure zone around 98000. If this level is not broken, the downward trend will continue, and we remain bearish for the day.
Yesterday's market trend basically replicated the previous day's movement, showing how powerless the bulls are. Could it be that Powell's attitude has such a significant impact? It has affected the emotions and trends of the entire market, leading to a deep correction.
In the 4-hour structure chart, the candlestick shows continuous large bearish declines, with rebounds severely restricted. The bulls appear particularly pale and weak, while the bearish momentum continues to expand downward. The overall shape shows reversal signals, and this decline is very likely to test the area around 92000-90000.
Bitcoin rebounded to around 98500 for a short position, targeting around 95000.
Yesterday's market trend basically replicated the previous day's movement, showing how powerless the bulls are. Could it be that Powell's attitude has such a significant impact? It has affected the emotions and trends of the entire market, leading to a deep correction.
In the 4-hour structure chart, the candlestick shows continuous large bearish declines, with rebounds severely restricted. The bulls appear particularly pale and weak, while the bearish momentum continues to expand downward. The overall shape shows reversal signals, and this decline is very likely to test the area around 92000-90000.
Bitcoin rebounded to around 98500 for a short position, targeting around 95000.
Yesterday, the white盘 continued to decline, but the evening盘 recovered its losses, overall forming a震荡区间 with significant amplitude. In the early morning, with the help of the Federal Reserve's interest rate cuts and Powell's speech, the market underwent a wave of long liquidation, and the coin price returned to around 100000. The market makers will take advantage of this, using the trend to push up and liquidate short positions, and then following the Federal Reserve and Powell to liquidate long positions. So, should we return to the original trend now?
In the 4-hour structure chart, the k-line refreshed its historical high, without continuing to rise, but instead started a pullback. Currently, although there has been a consecutive decline, the support at 100000 is showing enough strength. The daily line's large阴 is currently blocked by the MA15 moving average, and the weekly K is also blocked by moving average support. Therefore, those who should go long should do so quickly, and not miss every opportunity to get on board.
The大饼 has pulled back to the 100500-100000 range for long positions, with a target of 104000-105000#BTC☀ #ETH🔥🔥🔥🔥 #币安Alpha项目公布 #BTC再创新高 #加密市场盘整
Yesterday, the white盘 continued to decline, but the evening盘 recovered its losses, overall forming a震荡区间 with significant amplitude. In the early morning, with the help of the Federal Reserve's interest rate cuts and Powell's speech, the market underwent a wave of long liquidation, and the coin price returned to around 100000. The market makers will take advantage of this, using the trend to push up and liquidate short positions, and then following the Federal Reserve and Powell to liquidate long positions. So, should we return to the original trend now?
In the 4-hour structure chart, the k-line refreshed its historical high, without continuing to rise, but instead started a pullback. Currently, although there has been a consecutive decline, the support at 100000 is showing enough strength. The daily line's large阴 is currently blocked by the MA15 moving average, and the weekly K is also blocked by moving average support. Therefore, those who should go long should do so quickly, and not miss every opportunity to get on board.
Bitcoin has been incredible, refreshing historical highs twice a day, once in the morning and once in the evening. Can you believe it? It's really crazy, 110,000 for Bitcoin is just around the corner. To be honest, it's better to avoid shorting. I tried twice last night and got burned. Brothers, you must learn from this lesson!
In the 4-hour structure chart, after a slight pullback in the K-line, it surged again in the evening, refreshing historical highs once more, with the upper moving averages continuously rising. The pullback strength is too weak, leaving no room for the bears. It seems like they want to completely liquidate the bears. Currently, the bulls are fierce, with continuous volume increasing, pushing towards 110,000. Although the price has risen so high, the overall market sentiment remains very bullish, so we should continue to maintain a strategy of buying on pullbacks during the day.
The evening market still has a high probability of a pullback, after which it will welcome the bulls' strength. The overall range is expected to continue to rise, and pulling back to go long will definitely be the subjective approach.
A new week, a new atmosphere. After two days of sideways consolidation over the weekend, the market is gathering strength, and just as we step over the threshold of Monday, there's a bit of impatience to surge. Just now, Bitcoin has once again refreshed its historical high, and the upward momentum is quite fierce.
In the 4-hour structure chart, the candlesticks continue to climb along the upper moving averages, with a series of upward candles. The bulls are gaining volume, and the bullish trend is about to gain strength again. The market's bullish sentiment remains stable and elevated, while the bears are being liquidated one after another. Brothers, don't be stubborn; continue to maintain a bullish mindset throughout the day.
Bitcoin is pulling back to around 103,500 for a long position, targeting around 106,500.
Morning strategy, prompting the sword to 106500, the big cake rose fiercely in the morning and reached 106500 directly, reaching the expected level ahead of time, perfect strategy and position
A new week, a new atmosphere. After two days of sideways consolidation over the weekend, the market is gathering strength, and just as we step over the threshold of Monday, there's a bit of impatience to surge. Just now, Bitcoin has once again refreshed its historical high, and the upward momentum is quite fierce.
In the 4-hour structure chart, the candlesticks continue to climb along the upper moving averages, with a series of upward candles. The bulls are gaining volume, and the bullish trend is about to gain strength again. The market's bullish sentiment remains stable and elevated, while the bears are being liquidated one after another. Brothers, don't be stubborn; continue to maintain a bullish mindset throughout the day.
Bitcoin is pulling back to around 103,500 for a long position, targeting around 106,500.
A new week, a new atmosphere. After two days of sideways consolidation over the weekend, the market is gathering strength, and just as we step over the threshold of Monday, there's a bit of impatience to surge. Just now, Bitcoin has once again refreshed its historical high, and the upward momentum is quite fierce.
In the 4-hour structure chart, the candlesticks continue to climb along the upper moving averages, with a series of upward candles. The bulls are gaining volume, and the bullish trend is about to gain strength again. The market's bullish sentiment remains stable and elevated, while the bears are being liquidated one after another. Brothers, don't be stubborn; continue to maintain a bullish mindset throughout the day.
Bitcoin is pulling back to around 103,500 for a long position, targeting around 106,500.
Yesterday's market continued to fluctuate within a narrow range, showing relatively weak trends. It wasn't until the U.S. stock market opened that the index showed volatility, initially rising, hitting resistance near 102500, then retracing, followed by a decline that stopped above 99000, expanding the fluctuation range.
The 4-hour structure chart shows that after the K-line rose and hit the upper resistance area, it quickly retraced, but there was no continuous decline with increasing volume; instead, it returned to operate within the fluctuation range. Overall, the market trend is currently in a high-level consolidation and repair phase, with noticeable fluctuations, seemingly waiting for more capital to enter. Once the energy accumulation is complete, there is hope for another bull market surge, and the daytime market will still be treated according to the fluctuation pattern.