Continuous 5️⃣ days of oscillation, the longer the oscillation lasts, the bigger the breakout. In the afternoon, it went south near 105800, and when it weakened in the evening, it didn't slip away but bounced back to 105200, only advancing 550 miles. Meanwhile, the down south Dan that was halfway through has seen fewer bamboo shoots. This wave unexpectedly turned out to be just a feint, and continuous oscillation still hasn't seen a volume breakout. It's also due to being too greedy; however, if there is a volume breakout, it should at least reach 102400. Greed is an old habit, but in the past, what should have been gained was gained; it’s just a pity there was no volume today.
The trend is still somewhat slow, mainly because this range is not easily exited 👋. Earlier, around the position of 105000, about 70% were in “short” choosing to watch and wait. Without transaction volume and inflows and outflows, it will indeed slow down. So, as mentioned earlier, at this position, it will first absorb concerns and then release volume. Although it is still moving in a range for now, the direction of the volume breakout is still optimistic about the feint. Other direct indicators are still heading towards the feint. As for beautiful fruit wanting to offset the American Zhai with BTC, other fruits simply do not accept it, at least not at this position. Therefore, another major correction is needed before trying to offset further changes. So the general direction is still looking weak. Looking long-term at 9.8 to 9.6 $BTC #美国加征关税 #BTC走势分析
105800 Southbound hasn't run yet, continuous fluctuations for so long, the longer the buildup, the stronger the force, a single strike from the buildup shouldn't have only this much strength, still not enough, continue to hammer $BTC #美国加征关税 #BTC走势分析
Big brother leads the way south, why aren't the other little brothers following? 105800 has already gone south and is waiting, watching the little waterfall #美国加征关税 $BTC #BTC走势分析
Yesterday, after moving south for 300 miles, it continued upwards for another 1000 miles, which is enough to illustrate the importance of defense. Defense is all about the turning points; since there have been so many turning points, there will be some continuation, and there is no need to resist any further. Instead, one should follow the turning points and first react, then move south again at the next suppression level. Last night, didn’t we first move north for 500 miles, then south for 800 miles in the early morning, and again south for 800 miles at noon? Although it wasn't much, it wasn't bad either.
Although yesterday's northward movement broke through the middle track of the daily Bollinger Bands, the lower-level Bollinger moving averages did not open up, so it lacks continuity and has the potential for a continued breakout. Thus, it closed with a downward trend. After closing, the middle track of the daily Bollinger Bands and the upper high point moved down in parallel, perfectly coinciding, forming a double top resistance. If this does not break, the trend cannot establish a bullish trend. Moreover, larger indicators are still in a weak position, so it continues to face upward pressure.
In the afternoon, there was upward pressure around 106000 to 106400, and near 102400.
Yesterday early morning, advancing northwards for 1100 miles, the morning's advance southwards was 1000 miles, and in the evening continued southwards, retreating 300 miles. Then, advancing northwards for 500 miles, thus breaking through the suppression, so we cannot continue to resist, as that would be meaningless and could lead to greater losses for small gains. Therefore, when reaching a high point, we again advance southwards, pushing 800 miles; overall, there is still progress, but it is a pity that the continuous momentum was interrupted.
Overall trend is still oscillating. Although the head has broken through the middle track of the daily Bollinger Bands, it has not tested the upper high point, which is the second resistance level. Below the daily level, the Bollinger Bands are all opening; the lack of opening indicates that space has not opened up and there is no continuity. The larger indicators have not changed, but are instead converging towards the top, thus increasing the likelihood of a false breakout. If the upper high point cannot be broken, then even with four consecutive daily green candles, it would only be a time cycle, similar to four consecutive daily red candles declining, but the strength at the top is noticeably stronger. Therefore, it is still more suitable to focus on the high top, with 107100 suppressing the top. Around 103000, breaking through around 101800. $BTC #加密市场反弹 #BTC走势分析
Being swept means being swept, it's still public. The previous defense was also between 300 to 500 points. No resistance. Although 300 is not much, it's a pity that the continuous success was interrupted. 1️⃣4️⃣ The continuous success is gone, and I have to accumulate it again. $BTC #加密市场反弹 #BTC走势分析
That was close, just a little bit short by about 10 points. Thankfully, the first defensive position held; otherwise, we would have been swept. Although the distance to defend is very close, the space to defend is also minimal. If it breaks, there's no need to resist; I'm not afraid of anything else, just afraid of a hard resistance. $BTC #加密市场反弹 #BTC走势分析
Bai Ban continues to fluctuate, and a small fluctuation range is a buildup; the longer the buildup, the greater the release will be. At that time, a feint might occur, and a sudden rise could also happen. 🎢 Tonight is a test, and it's been several times. We will continue to follow up in the evening, currently maintaining the midday strategy, Kong. #BTC走势分析 #加密市场反弹 $BTC
Support at 10.3 and resistance at 10.71, breaking support liquidates 477 million, breaking resistance liquidates 209 million, now you know the intention, $BTC #加密市场反弹
In the morning, there is a resistance level above, with the middle Bollinger band and the previous high point. Moreover, it has been mentioned that one can only fluctuate below the resistance level and can only move within the support level. In the morning, there are already 1000 miles, so when it's time to chase, chase; when it's time to change, change. Do not blindly look in one direction; adapt according to changes in the market. It is essential not to take large spaces to enter small spaces.
Although the daily line shows three consecutive upward trends, which seems relatively strong, two of them are from the weekend, and the movement during the weekend is corrective. This is why there is a possibility of a false breakout. The larger timeframe indicators have not changed and still point towards weakness, so encountering strong resistance makes it impossible to break through. It has also been mentioned before that there will be a rebound, but it won't be significant. A small resistance will be quite taxing, and for a large resistance, either it will consolidate and build strength to break through eventually, or it will not break and will drop directly. Regardless of either scenario, there will be a pullback. So, for now, maintain the morning's strategy and continue to move upward.
Fluctuate between 105600 and 105900, around 102000 $BTC #加密市场反弹 #BTC走势分析
Exciting, first there was a fluctuation, Gao Kong reached 1000 miles, and then again Gao Kong reached 1700 miles in the evening before reducing to Cang, and then 104300 all positions, after a four-hour contraction there was no downward break, but instead repeatedly tested the middle Bollinger band. The third time breaking the middle band directly resulted in a spike, with positions at 1100 miles in the morning. Although Gao Kong did not appear at the lowest point, the spike also did not enter at the lowest point, but the adjustment power does not require much, consistently emphasizing that the market is changing, and should not remain unchanged.
The daily line has three consecutive rising candles, with the last one closing with a longer upper shadow, and for the first time breaking the previous rebound high point. Thus, the trend is no longer a Gao head trend, but the larger indicators have not changed, still pointing towards the Gao head, and there is also the possibility of a false rise. So we need to watch the upper resistance levels, the daily line Bollinger middle band at 106600, and the previous high point at 107120. If it still cannot hold, then it will launch a counterattack towards the previous drop point at 108800. Therefore, the short position should revolve around the two resistances at
The morning's wave of 1000 points has slipped, rebounding to 105800 in the afternoon directly prompts that the current wave has somewhat been captured. Why does the wave move once first, and then continue to wait for another wave? Let's first review. And how to look at what comes next...
The highest point of the intraday rebound has not broken the previous high point, and is under pressure from the four-hour Bollinger upper band, which is consistent with the previous four-hour first contraction. This is because after the contraction, there will first be a back-and-forth movement, and then further contraction will occur. Once the contraction reaches its peak, a new round of a small one-sided movement will begin. "This is why the first wave runs once first," and as long as the high point above does not break, the wave can continue. This is also why the wave ran directly in the afternoon. Currently, the contraction is almost complete. According to the wave structure, two waves have been completed, so there is still one wave left. #加密市场回调 #BTC走势分析 $BTC
I have already moved south for 1500 miles. Those who left early are fine, but those chasing the market are in pain. It's better to break above the previous high point of 105959 than to chase high positions. Near the resistance level, one can only wait; even if it breaks, it’s only a bit better, so the methods and approaches are very important and should not be done haphazardly. $BTC #加密市场回调 #BTC走势分析
The current + K-line of 105800 has already reached 1000 points. As long as the previous high is not broken, the K-line head trend will not change, and the rebound can provide more space. If it breaks, then we can chase up, rather than chasing down below the suppression level $BTC #加密市场回调 #BTC走势分析
Charge, charge, charge! If it doesn't break 106000, it's not a big problem; it will still go down. The first direct line is 106320, looking at the support of the lower point below and the downward strength. The second direct line is 101800, just a little above the low point. $BTC #加密市场回调 #BTC走势分析
The midday empty spot of 1000 points has already been indicated, and now it has bounced back up by 600 points, just at the right time. There was no opportunity to take back the profits, so when it's time to act, just act, and don't hesitate when it's time to stop. $BTC #加密市场回调 #BTC走势分析
On weekends, we say that when the weekly cycle ends, the tight nerves of the week also need to relax. The morning rebound did not break the high point or the parallel point, and I shorted once, already taking 1000 points first. Although it’s a bit less, it can still be considered a good start, and it has continued the ten consecutive wins from last week; currently, it has won eleven times in a row. The weekly cycle's closure is in line with expectations, so for the new week, we will continue to watch for the continuation of the trend.
From an overall structural perspective, there has been a week of pullback, and each rebound has not broken the high points, indicating a relatively weak trend. The short-term continuation of the pullback indicators has not kept up with the trend structure. After the weekend's time correction, the four-hour indicators have caught up, and the contraction continues, so a new small trend is not far away. The higher-level indicators like MACD, KDJ, and VoL above the daily level have either already formed a dead cross or are getting closer to convergence, all indicating that the trend has ceased, and the continuation of the trend is present. Therefore, before a significant upward surge or breaking the parallel high point, we will continue to watch for high trends.
In the afternoon, watch for the range of 105200 to 105600. Look at 103100. If it breaks the low, watch for 101700. $BTC #加密市场回调 #BTC☀
Currently in the leading wave fluctuation zone, this position has the most buyers, and many are trapped. Where are they trapped, at 110,000 chasing long? Or below 100,000 at $BTC #BTC走势分析 ?