Will this time be an exception to the trend after liquidity drying up in history?
1. The top of the Mavericks in June 2019
The data in the chart is not recorded, but it was exhausted at that time, and then a weekly downward correction was made. It matches the line. 2. The peak of the calf in February 2020
Regardless of the tight capital situation, the market was forced to the peak. However, the outbreak of the epidemic led to a sharp correction below the 312-week line. 3. The bull peak in February 21
As the epidemic began, the Federal Reserve flooded the market with money, and Bitcoin rose to 58. At this time, liquidity dried up again, and then it fell back to the lower track of the 519-week line. Fourth, the second top in November 21
This time the liquidity was not used up, which was related to the tightening of the Federal Reserve's policy. After that, the bull market was interrupted and entered a bear market, repeatedly falling below the lower track of the weekly line.
The follow-up trend after this round of doubling market.
One, from 15 to 31, underwent a weekly-level pullback. Just right for a double increase. Two, from 25 to 49, followed by a three-day level pullback.
The increase is nearly close to double. Three, from 385 to 737, followed by repeated weekly-level pullbacks.
This time the increase is not double, falling short by more than three thousand points. Four, from 49 to the current 88, unsure if it's a peak, but it's almost there, at most reaching 93 or 94, then at least a repeated oscillation downwards, making a three-day line pullback.
Due to decreasing gains, there will not be another increase of more than double, and liquidity is insufficient, so proportionally, it might finally reach around 93? Currently in a peak state.
Daily chart shows the bottom is rising quickly Pullback to the lower track is estimated to be above eighty thousand No matter what just participate in the rebound at a low position The earliest will be around December 7th $BTC
So many people are bottom fishing? That's bad The four-hour chart is almost breaking down Due to the eight-hour rebound Here, the four-hour chart is the last checkpoint If it can't hold, then it's a daily pullback Attention ⚠️ The bottom line of 955 cannot be broken $BTC
Short-term bottom fishing is just betting on a rebound Exit near the previous high Still looking at a downward adjustment in the medium term I still remember in April when it was 67 Bottom fishing at the four-hour lower band Entered with three times leverage Then got trapped alive 🤪 Everyone pay attention to safety $BTC
Short-term Finally in place in four hours Can try to rebound I am quite entangled with this position I still hold the short position Pay attention to stop loss when buying at the bottom, and run when you make a profit Just try to rebound on Monday and Tuesday That's all! $BTC
Some people question why to short Bitcoin? The Daoist will answer you
First, there has never been a situation where there is only an increase without a decrease; this has been the case since Bitcoin's inception. The current upward cycle is about over, it should take a break, and the overall environment has not fundamentally improved.
Second, shorting is just a light play, not betting one's entire fortune; if the situation is not right, just admit defeat, nothing to worry about, the losses are not big and manageable.
Third, compared to other altcoins that can multiply several times, shorting Bitcoin is relatively safer, even though it is very strong and will not 📉 drop too much.
In summary, it’s just for fun to short it. Remember, when it drops to the right level, still buy the dip to go long; I am not a die-hard bear 🤪 That's all! $BTC
Just arrived and the golden snake's luck has ended Next year will be exactly 2025, the Year of the Snake The people's livelihood in the country is bleak Various industries are not thriving Incidents occur one after another in various places Recently, there is a tendency to escalate With Trump taking office This situation will further intensify Ultimately forcing a change in the political system So how to respond? Everyone should try to hold onto Bitcoin As a store of value If that doesn't work You should also hold onto USDT This is the best way for ordinary people to resist In the midst of a major shift in the times! That's all! $BTC
The bull market has about a year left The foreseeable top is around two hundred thousand So There will be repeated washouts and fluctuations in between Because we are already close to one hundred thousand There is only about double the space upwards One must have a clear positioning and understanding of the current situation To avoid getting overly excited And being too fomo Remember, a doubling market only takes two to three months to be sufficient $BTC
Although I do not recommend knockoffs But you can't just buy in after the rise Once Bitcoin breaks 93 Quickly buy Doge Ada Uni Eth Diversify and buy a little of each This way, while Bitcoin is consolidating at a high level waiting for them to catch up You can run away Instead of chasing now I'm done 🤪 $ADA $DOGE
1. US Stock ETF Funds Continuous net inflow, ranging from hundreds of millions to billions every day However, US stock funds involve both institutions and retail investors, and I generally believe they are not the main players More like the leeks left for the main players to harvest This can be seen from the previous six months of wash trading Buying high and selling low How long can we ride this wave this time?
2. Funds Entering Exchanges Recently, there has been a continuous inflow of several billion US dollars into exchanges There may be an opportunity for chasing the rise Waiting for a big drop to buy the dip? I don't think that's very likely Especially since a large amount of Bitcoin has recently been withdrawn from exchanges It cannot be ruled out that these US dollars are responsible Are these funds the actions of the main players? I think not necessarily If the main players want to manipulate the market, they wouldn't make such obvious moves They would have been prepared long ago It wouldn't be something done in a rush at the last minute 🤪
3. On-chain Whale Behavior In the past few days Small, medium, and large holders have been continuously selling Whales have been consistently buying The amount of holdings has reached a historical high Especially for new entering whales They account for 60% It cannot be ruled out that they have jointly mastered the pricing power In turn, putting pressure on the old whales However, similarly, whether this is the action of the main players is unknown If the main players' holdings are dispersed across small and medium addresses And the whales cannot jointly control the market They will also be unable to avoid the fate of being harvested by the main players Comparing price trends and the amount of whale holdings, we can see Although near the top of the bull market, as the price rises Whales will also offload But with each major drop Whales will also sell Therefore, Not all whales are main players That's all! $BTC
When the market reaches a certain stage I will always have a clear bullish or bearish view
Unlike others, who may think it will drop or may think it will rise not excluding a sideways movement I will be bullish at a certain position and bearish if it breaks a certain position Big names often analyze like this
But at this stage I am clearly still bearish Daily line pullback, rebound, then another daily line pullback, followed by a big rebound So it's inevitable to offend many bulls
In fact, when I am strongly bullish, I will also offend many bears🤪 So, the position determines your attitude I won't indulge you Who gives a fuck🤪 My attitude is this clear, my style is like this That's all! $BTC
Please note that Qimen is only a reference and cannot be used as a basis for trading. Just treat it as entertainment The following is a trend analysis automatically generated by AI based on the next week's Qimen market, which may not be accurate On the whole, next week will be a period of shock consolidation. The following is a specific analysis: According to the analysis of Qimen Dunjia at 0:00 on November 25, 2024, based on the Yin Dun Five Bureaus, combined with the Nine Palaces, Three Wonders and Six Instruments, Eight Gates, Nine Stars, Eight Gods, etc., the prediction of Bitcoin's weekly trend is as follows:
1. Overview of the overall situation
• Value symbol: Tian Peng Star, representing risk and speculation.
• On Duty: Xiu Men, responsible for rest and slow progress.
If the middle track hits the daily line next weekend The middle track will also be around 90 At that time, the lower track will also be around 75 The bottom is rising very quickly So do not measure the bottom based on the current position $BTC
Just got home Still hasn't broken 100,000 Quickly break it There are over a thousand large pancakes pressing the order Looks impressive In reality, as long as the main force withdraws their order It can go up instantly Whales eat thousands every day Can't even get on this? Then there must be something fishy 🤪 Continue to lie flat Wait for time $BTC
Short-term Drop to position in one hour Those willing to chase more can do so with a small position Just be careful of breaking the stop loss Just this little I won't enter 🤪 $BTC
How can friends stop losses? It's very simple If the price reaches the upper line of the daily chart at 104 (currently, it is still on the rise) If the next day it still chooses to break through Then it's time to admit defeat and stop losses It should be around one hundred ten thousand At that time, the Daoist will also admit defeat Don't clash head-on with the main force Thirty years later The Daoist will still be a good man🤪 That's all! $BTC
Selling spot goods is just thinking about shorting This is true. Just like I won’t think of shorting when I hold spot goods🤪 Last week I held a short position Last night, 989 continued to fill in some gaps Average price 89, forced liquidation 300,000 Plan to stop loss when it breaks through 110,000 I don't play with the main force anymore🤪 Do you understand? If you short a large position, you will definitely die. It is also uncomfortable to hold a light position, because this round of top-touching is not as easy as before. 85 looks like the top, reserve 95 for strong pull The result is still pulling And in March, we saw 64 peak Only 737 It ended before it even touched the daily upper limit🤪 So, don't short sell anything. Taoist priest tests the law