The volatility on Saturday was relatively good. The short-term long and short positions were 800-1000 points back and forth, and the income was quite good.
Judging from the market tonight, the rising structure is still correcting and is about to break the triangle area. It has been running on the upper track of Bollinger for two days before and after. The 4-hour decline has no volume. Overall, the bulls are still optimistic. The support below is around 89,000. In terms of operation, we will first see whether the high point continues to break through or fluctuate.
On Friday, the market resumed its upward trend, reaching a high of 92,000. The daily bulls regained vitality. However, the weekend cannot be treated as before, but should be long. The current support is 89,800, and there is no pressure above.
In terms of operation, long around 90,500, with a target around 93,000. $BTC #市场回调,观望还是上车? #BTC冲破9万 #美国CPI公布后降息预期上升 #BTC连续破新高,你看到多少?
On Friday, the market resumed its upward trend, reaching a high of 92,000. The daily bulls regained vitality. However, the weekend cannot be treated as before, but should be long. The current support is 89,800, and there is no pressure above.
Under the impact of "hawkish" Powell, does Bitcoin still have room to fall?
$BTC #美国CPI公布后降息预期上升 #BTC连续破新高,你看到多少? # Powell's speech in Dallas last night released an important signal. He pointed out that the US economy is in a stage of improvement, and the Federal Reserve is not in a hurry to cut interest rates. It is even possible to postpone the interest rate cut plan until January next year, which means that there will be no more interest rate cuts before January 2025. This news is undoubtedly a heavy blow to the original market's expectations of a rate cut in December. Just after the CPI data came out the day before yesterday, the probability of a rate cut in December was once pushed up to about 80%. However, after Powell's speech, the expectation of a rate cut was completely broken. This change is a big setback for Bitcoin bulls, because the reduction in the expectation of a rate cut will weaken the attractiveness of Bitcoin as a hedge asset, thereby exerting downward pressure on Bitcoin prices.
From the perspective of the market, the decline of Bitcoin this time showed an obvious four-wave structure. So far, the price of Bitcoin has fallen from 93,300 to 86,700. This process shows a clear wave structure, and each wave has its own unique rhythm. Basically, the decline of any wave is after two efforts, it quickly bottoms out and stabilizes.
In the 4-hour Yin-Yang cycle, the Yin line is strong, and there is no bottom signal. After the market fell to 86,700 in the early morning, it entered the adjustment cycle similar to the previous situation. Therefore, the morning is an adjustment market. During the intraday rebound, we need to pay attention to the night rebound high of 89,700. If the rebound speed slows down and does not break through this position, the market maintains a low-level shock state, and there is no second high break, we will look at the decline
At present, the adjustment cycle has not ended, and it is difficult to define bull and bear, and there is still room for decline. Although the short-term has entered the adjustment stage and a certain degree of rebound has occurred, before there is an obvious bottom signal, maintain a unilateral bearish view and pay attention to the price decline.
Intraday operation ideas:
Bitcoin is shorted around the 88800-89500 range, with a target of 86800, and a break of 84000.
If it falls back to 86800 during the day, you can go long first, and then go short above 88300 to see the downward trend.
Bitcoin continued to rise after correction on Tuesday. The strength was clearly visible after the release of yesterday's CPI. The market continued to rise, and it still needs to continue to be bullish. There is no technical analysis!
Daily thinking:
89800-88500 range can be long, in batches, target 93000
Bitcoin continued to rise after correction on Tuesday. The strength was clearly visible after the release of yesterday's CPI. The market continued to rise, and it still needs to continue to be bullish. There is no technical analysis!
Daily thinking:
89800-88500 range can be long, in batches, target 93000
Bitcoin 81600 short, current price 80800, already has 800 points of space, short-term management is up to you.
The first short in the afternoon has seen results, and the bearish outlook remains unchanged.
Short-term strategy: Follow the trend of shorting, exit at the bottom, and re-enter after a 50% rebound. If you don't know how, come to me, I will teach you step by step! $BTC #BTC挑战8W2大关 #牛回速归,晒晒你的持仓? #大盘的下一步? #BTC创历史新高
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Regarding Bitcoin, the daily chart shows seven consecutive gains. Today is Monday, so there is no need to excessively chase the price upward. Continuous rises will certainly be accompanied by pullbacks before regaining strength. At this juncture, it is common for the beginning of the week to show weakness, so the previous significant surge must have laid the groundwork for recent sell-offs.
In the afternoon on Monday, we will continue to treat it with a weak outlook. The daily chart is facing a large amount of pullback demand, so chasing long positions at this point is clearly irrational. Let's first secure this week's opening gains!
Short at 81600, looking down to the 80000 region, with a stop loss of 800 points.
We aim to exit near today's opening low around 80000, and if it weakly breaks down, the next target is 78500.
If this pullback occurs as expected, this week will continue to be a great benefit for all fans. Make sure to take advantage of it! $BTC #BTC突破8W1大关 #BinanceLabs投资BIOProtocol #大盘的下一步? #BTC创历史新高
Regarding Bitcoin, the daily chart shows seven consecutive gains. Today is Monday, so there is no need to excessively chase the price upward. Continuous rises will certainly be accompanied by pullbacks before regaining strength. At this juncture, it is common for the beginning of the week to show weakness, so the previous significant surge must have laid the groundwork for recent sell-offs.
In the afternoon on Monday, we will continue to treat it with a weak outlook. The daily chart is facing a large amount of pullback demand, so chasing long positions at this point is clearly irrational. Let's first secure this week's opening gains!
Short at 81600, looking down to the 80000 region, with a stop loss of 800 points.
We aim to exit near today's opening low around 80000, and if it weakly breaks down, the next target is 78500.
The volatility in the market on Friday was fantastic. It's not that I don't want to update, but the real trading back and forth has been so enjoyable. I won't say how much I have earned because only those who have truly experienced it here would know!
Our intraday strategy to go long at 74500 has also reached above 76500 as expected. Even following the strategy, there has been a 1000-point space today.
I expect tomorrow, Saturday, to be similarly volatile, and short-term trading will still be good. Those who enjoy short-term trading can join quickly!$BTC #大盘的下一步? #BTC创历史新高 #美国加密概念股飙升
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Bitcoin rose more than 1,000 points to a new high yesterday. Can it continue to rise today?
The Fed's interest rate cut factor. The Fed's interest rate cut of 25 basis points this time is in line with our expectations yesterday, and it was passed unanimously. At present, the Fed's interest rate has dropped to 4.5% - 4.75%. This interest rate cut is a steady progress after the 50 basis point interest rate cut in September, and there are no internal dissenting votes, which indicates that the annual interest rate cut will continue. For the trend of Bitcoin, this is undoubtedly a major positive in the big cycle. We have also emphasized many times that the upward trend of gold this year has benefited from the Fed's interest rate cut expectations and the positive impact after the interest rate cut.
Yesterday, the market continued to fluctuate upward at a high level, rising for 4 hours, breaking through yesterday's morning high of 76,400 at one point, and the daily line closed with a cross positive line. If you are bearish today, it is obviously inappropriate. Judging from the strength of yesterday's retracement, the retracement was small, and it was basically pulled up, indicating that the current bulls are strong and not in a wash-out pattern.
Yesterday's rising point was at 74500, which is the key defensive line for intraday bulls. However, if we use this as the entry point for intraday bullishness, it is still 1000 points away from the current price, and there is little chance of a retracement to this point. We can put the long position at 75000. The smaller the retracement, the greater the upward momentum, and the greater the room for growth.
75500-75000 range, the target is 76500!
Yesterday's trading review: a total of 3300 points
74500-75400 short-term took 900 points and left
74500-76000 take profit and took 1500 points and left
75700-76600 short-term took 900 points and left $BTC #美联储利率决议来袭 #特朗普加密政策承诺 #大盘的下一步?
Bitcoin rose more than 1,000 points to a new high yesterday. Can it continue to rise today?
The Fed's interest rate cut factor. The Fed's interest rate cut of 25 basis points this time is in line with our expectations yesterday, and it was passed unanimously. At present, the Fed's interest rate has dropped to 4.5% - 4.75%. This interest rate cut is a steady progress after the 50 basis point interest rate cut in September, and there are no internal dissenting votes, which indicates that the annual interest rate cut will continue. For the trend of Bitcoin, this is undoubtedly a major positive in the big cycle. We have also emphasized many times that the upward trend of gold this year has benefited from the Fed's interest rate cut expectations and the positive impact after the interest rate cut.
Yesterday, the market continued to fluctuate upward at a high level, rising for 4 hours, breaking through yesterday's morning high of 76,400 at one point, and the daily line closed with a cross positive line. If you are bearish today, it is obviously inappropriate. Judging from the strength of yesterday's retracement, the retracement was small, and it was basically pulled up, indicating that the current bulls are strong and not in a wash-out pattern.
Yesterday's rising point was at 74500, which is the key defensive line for intraday bulls. However, if we use this as the entry point for intraday bullishness, it is still 1000 points away from the current price, and there is little chance of a retracement to this point. We can put the long position at 75000. The smaller the retracement, the greater the upward momentum, and the greater the room for growth.
75500-75000 range, the target is 76500!
Yesterday's trading review: a total of 3300 points
74500-75400 short-term took 900 points and left
74500-76000 take profit and took 1500 points and left
It was really slow during the day, more than 74500, leaving at 75400, and taking 900 points!
There will be a Fed decision in the early morning, it is really busy, no update for the time being, just come if you need it! $BTC #BTC创历史新高 #特朗普加密政策承诺 #美联储利率决议来袭 #美国大选后涨或跌?
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High-level fluctuations do not hinder the rise, hold long and wait for a new high!
Yesterday remained dominated by long positions, with continuous participation this week focusing on bullish sentiments. Multiple profitable exits were realized, and whenever a pullback occurred, long positions were maintained. Yesterday was no different, with both long and short positions capturing a profit of 4200 points.
The 78-year-old man has returned to his White House after four years. In this election, Trump defeated Harris with a margin of 277 electoral votes to 224. This highly anticipated American election concluded with Trump's victory. Previous polls indicated a tight race, leaving us spectators eagerly awaiting a fiercely contested battle, even thinking it would replicate the suspense of the 2020 election. However, the result was astonishing; Trump did not lose in any of the seven swing states, while Harris gained nothing, marking a significant defeat for the Democratic Party.
Yesterday remained dominated by long positions, with continuous participation this week focusing on bullish sentiments. Multiple profitable exits were realized, and whenever a pullback occurred, long positions were maintained. Yesterday was no different, with both long and short positions capturing a profit of 4200 points.
On the daily chart, yesterday closed with a strong bullish candle. In the context of a bullish trend, a strong bullish candle signals continued upward movement and demonstrates strength in the bullish rally, so today remains bullish.
The rhythm of retracement operates in recent price movements and the cyclical nature of time and patterns. There was a rise in the morning followed by a pullback around noon. Based on the recent retracement strength, there is generally about a 1000-point range. The repeated highs and lows indicate that today’s price also requires correction. The lower support is around 73800, looking for a rebound in the afternoon, while the upper resistance is near 76500. Currently, don’t expect too much of a pullback; the price is likely to consolidate before a direct rise.
Trade long in the 74800-74300 range today, with a target near 76000.
High-level fluctuations do not hinder the rise, hold long and wait for a new high!
Yesterday remained dominated by long positions, with continuous participation this week focusing on bullish sentiments. Multiple profitable exits were realized, and whenever a pullback occurred, long positions were maintained. Yesterday was no different, with both long and short positions capturing a profit of 4200 points.
The 78-year-old man has returned to his White House after four years. In this election, Trump defeated Harris with a margin of 277 electoral votes to 224. This highly anticipated American election concluded with Trump's victory. Previous polls indicated a tight race, leaving us spectators eagerly awaiting a fiercely contested battle, even thinking it would replicate the suspense of the 2020 election. However, the result was astonishing; Trump did not lose in any of the seven swing states, while Harris gained nothing, marking a significant defeat for the Democratic Party.
Yesterday remained dominated by long positions, with continuous participation this week focusing on bullish sentiments. Multiple profitable exits were realized, and whenever a pullback occurred, long positions were maintained. Yesterday was no different, with both long and short positions capturing a profit of 4200 points.
On the daily chart, yesterday closed with a strong bullish candle. In the context of a bullish trend, a strong bullish candle signals continued upward movement and demonstrates strength in the bullish rally, so today remains bullish.
The rhythm of retracement operates in recent price movements and the cyclical nature of time and patterns. There was a rise in the morning followed by a pullback around noon. Based on the recent retracement strength, there is generally about a 1000-point range. The repeated highs and lows indicate that today’s price also requires correction. The lower support is around 73800, looking for a rebound in the afternoon, while the upper resistance is near 76500. Currently, don’t expect too much of a pullback; the price is likely to consolidate before a direct rise.
Trade long in the 74800-74300 range today, with a target near 76000.