The big pie fluctuates over the weekend, and the bullish trend remains unchanged. How should we plan for today and tomorrow?
This weekend, the big pie's movement is also primarily characterized by fluctuations. There won't be much liquidity in the market today and tomorrow. In the short term, our strategy continues to focus on high selling and low buying during the fluctuation, aiming for small segment profits.
From the current market perspective, signs of a pullback have appeared on the hourly level of the big pie. The lower support level for long positions is around 92800-93100. Subsequently, near this position, we can steadily look towards the previous high of 95000. The strong resistance level on the daily chart is around 98000-99000, and there is a certain bullish expectation below this level.
In the future, as long as the market does not break below 91000, which is the support for the bullish structure, it will continue to be dominated by bulls. Brothers, there is still room above. Now we just need to wait for the market to pull back to go long.
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After the recent surge, there is now an expectation for Bitcoin to continue its upward movement. A slight pullback is needed to maintain the upward trend, and as long as there is no significant breakdown, the outlook remains bullish.
The upper resistance continues to be the previously mentioned level of 96000. This level is also the first target for the bullish movement.
Currently, we are waiting for a market pullback. As long as the price does not break below 88000, the bullish expectations will remain stronger.
The expected pullback levels now appear to be at three positions: 90600-91500-92300.
The overall strategy tonight is to wait for a pullback to go long. If the market falls below 90000, it is advisable to observe first. If there is no strong breakdown below 88000, the bullish outlook can continue.
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Today, the market chose to break upwards in an overall favorable environment, once again returning below 88000. In the coming days, whether the bulls will continue or the market will continue to decline is up for consideration.
If the market wants to see the bulls turn the tide upwards again, it must first break through the strong resistance in the 88000-88500 range. Once the entity breaks through, the upper space will open up, and then we can continue to look for oscillations upwards to touch 91900-95700.
Currently, the market is under pressure below 88000 and has not been able to break through for a while. With the US stock market opening, it is likely to go weak. Personally, I believe it will drop further. If there is an opportunity to pull back to the 87800-88300 range, it is advisable to pay attention to high short signals at this position.
Today's market is very crucial for the subsequent trend. The market is once again attacking the 88000 threshold, and whether it is bullish or bearish will be revealed tonight. Let's wait and see.
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$BTC 4.18 Pancake Analysis: The market lacks liquidity and continues to fluctuate mainly
In the past three days, the market has not had much liquidity, and the overall performance has been mainly a sustained high-level fluctuation. The short-term outlook for the market will still be focused on fluctuations.
Today, at the hourly level, the market has been strengthening until it rises near 85500, where it encountered resistance and fell back. Overall, it has been maintaining a high position in the upper-middle track. For those who want to participate later, it is recommended to continue to use this position as a benchmark for selling high and buying low.
Current price support is at 83500-84120 below, with strong resistance at two target levels around 85400-86500-88000 above.
In the past three days, the market can only be traded for short-term positions. Unless there are special circumstances, it is difficult to see significant fluctuations. Brothers can take this opportunity to rest; there is not much to say about this kind of market.
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Currently, the large pancake is still in a high-level sideways consolidation. From the daily chart perspective, it remains in a downtrend, with short-term performance continuing to decline.
It is expected that there will not be significant fluctuations in the market over the next three days; the strategy during this period will still be to sell high and buy low.
For long positions, the current short-term support level is around 83100-83500, which has been tested multiple times. The entry point for long positions remains around 83000. If the 83000 level is breached, a daily-level decline may occur. In such a scenario, focus on the support levels at 78400 and 79200 below.
For short positions, the daily chart continues to be pressured below the downward trend line at 86000, exhibiting a slow decline. There is significant upward resistance above, so the short entry point can be set at the daily high of 85500, and we will continue to look for short opportunities until the market breaks through 86700 directly. Currently, around 84500, traders can continue to wait a bit longer.
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Today, Bitcoin is generally maintaining a high-level sideways fluctuation, with expected resistance appearing around 86,000.
There is regional resistance in the 86,300-86,700 range above, and looking further up, there is also daily-level resistance at 88,000.
The market has already broken through resistance around 86,000, but the bullish momentum is weak. Currently, both bulls and bears are in a tug-of-war at this position. If the market does not break through the pressure zone above 86,000 soon, it is recommended that friends pay attention to high short opportunities at this position.
As long as the neckline around 88,000 is not broken, the overall strategy will lean towards high shorts, especially in the current situation where there is a desire to break through but is unable to do so.
For the bulls, a reversal in the market still needs time to verify, so it is not recommended to rush into long positions at the current price. It is advisable to wait for a pullback before considering long positions, especially if there is an opportunity to retest the 83,400-83,800 range.
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Recently, Bitcoin has rebounded quite well, but it has not successfully broken through the two levels of resistance above to form a major trend reversal. Currently, there is fierce long-short competition around 85500, and the outlook remains bullish.
The key points for whether the market will turn bullish later are around 85700 and 88000. We are still waiting to see if 85700 can be successfully broken; if it breaks, we can continue to look towards 88k.
The only support level below is at 83000. As long as it does not break below the upper side of the four-hour channel, there is still a chance to continue to long and play for the continuation of the bullish trend.
On the short side, the current market will not directly surge up. We continue to wait for the resistance situation around 85700-86000 and 88k, and wait to open shorts on the right side.
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The upward trend of Bitcoin has been performing quite well these past two days. If the four-hour level maintains this structure, we can expect another pullback and rebound, providing opportunities for both long and short positions.
At the four-hour level, the price is being pressured by the downtrend line around 84300. If the market cannot break through this level subsequently, we can expect a pullback from this position. Friends who want to short tonight should pay attention to signals around 84300.
In the short term, the market is still experiencing consolidation. The potential entry points for long positions are roughly around 80500-81300.
If we do not break above the 84300 level this time, the potential for upward movement will be compressed again. For the next rebound, it would be wise to lower the expectation for price movement, targeting around 83000. If we break above, we can look for pressure around 85000.
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$BTC 4.10 Bitcoin Analysis: The Future Will Still Continue to Fluctuate
Bitcoin has just once again fluctuated back below 80,000. In this market, we can only observe fluctuations in the short term.
In the future, if we want to be bullish, the key area is between 78,000-80,130. Tonight is quite important for the bulls; if it does not break below 78,000, we can still wait for subsequent signals to engage in a bullish trend.
Currently, the major downtrend line is nearing the 81,000 level. If the market can stabilize above this level and rebound again, it may be worth considering taking profits in this vicinity.
If it effectively breaks below 78,000, we could see a short position of several thousand points, with target positions around 76,000-74,000. If it effectively breaks below 75,000, we can consider the possibility of further declines to new lows.
At this moment, the news environment makes it difficult for the market to establish a one-sided trend; in the short term, we will continue to observe ongoing fluctuations.
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After yesterday's sharp drop below ten thousand, the market continues to break downwards, and the bullish sentiment can no longer be maintained. Currently, the short-term expectations have not yet reached the bottom, and the market is likely to decline again.
In the short term, we are waiting for opportunities to short; it is not recommended to engage in any bullish operations. In the short term, we are waiting for opportunities to short; it is not recommended to engage in any bullish operations.
The short-term pressure level for the market is around 78,000 to 79,000, and it is currently consolidating at a high around 77,000, with no further increase expected.
The lower support levels can be further seen at 73,500 - 72,000 - 68,600.
At this point, we can only say that it has not yet reached the bottom. Tonight, it is recommended to consider the current price or wait for opportunities to short; the specific strategy will depend on the performance of the U.S. stock market tonight. For long positions, it is best to wait until the market stabilizes before taking action; we will not intervene for now.
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This weekend is also experiencing fluctuations, but today's strong performance of the big pie was beyond our expectations. We can only say that the big pie still needs time to wait, with larger movements still ahead.
Returning to the short-term market, the current trend is a slow rise from the low points, and it is highly likely that we will test the resistance trend line near 84,000. The bottom support is in the 82,000 area.
In short, the short-term will continue to fluctuate, and there is now a trend for another upward test. It is recommended to plan around the 82,000 and 84,000 areas.
This weekend is also experiencing a contraction in fluctuations, with a range of less than 2,000 points. Given the current market situation, we only suggest participating in short-term trades, both long and short positions can be taken, with timely profit-taking.
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Yesterday, the US stock market reached a new low, but Bitcoin did not break below its recent low, showing signs of support at the bottom. Those without long positions in the short term can wait for subsequent high short opportunities.
Currently, Bitcoin faces downward pressure from the daily level in the 86000 area above, and it has just broken through the short-term resistance at 84000. This position can be considered for a short long position to look towards the daily resistance.
There are strong support signals in the 81300 area below, and in the short term, the bottom area can be observed at 82500-81300-79400.
The market is still in a downward trend at the daily level. Short-term bottom fishing should only focus on the support situation in the bottom area before taking action. For high shorts, just focus on the daily resistance in the 86000 area above.
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This weekend has been consistently declining, breaking below the previous short-term upward trend. Now, the short-term rebound is around 83448 and is facing pressure again.
The expected area of 80k1-80k2 mentioned in the last post has also been validated. Now the long position strategy mainly involves waiting for this rebound to retest without breaking the previous low of 81640 before considering entry. It is not suitable to enter long positions now; the market still needs to wait.
The primary low long position will naturally be around 81500. If it breaks below, there is monthly level support at 78000 waiting below.
The primary low long position will naturally be around 81500. If it breaks below, there is monthly level support at 78000 waiting below.
For short positions, short-term attention should be on the upper range of 83600-845000. If the four-hour bearish trend continues, these two positions are currently the ideal entry points for short positions.
The current market has already broken below the previous upward trend, but the weekly level has not yet been broken. The next step is to wait for a choice between continuing the bearish trend or rebounding again.
Friends who are more aggressive in the short term can consider entering at the points mentioned above. It is now more advisable for everyone to observe more and operate less.
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Just now, the big pie broke downward through 85,000, and the current focus of bulls and bears is around this position.
Overall, it is still testing the support around 85,000. If it can hold in the short term, we will see an upward rebound, but the space above has been compressed. Now we can only look at the area around 87,200 in the short term. If it rebounds, don't hold on for too long.
If 85,000 is effectively broken, it will indicate a daily level bearish breakdown. Subsequently, we can enter a short position, but the current market is not expected to have a deep pullback. The lower range can only see a few thousand points around 81,000-82,000.
At the end of the month, the cryptocurrency market generally tends to decline. Right now, the short-term focus is on 85,000. For those who are uncertain, it is recommended to wait and see if 85,000 can hold.
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The hourly level is in continuous consolidation, and the overall direction remains optimistic while waiting for a low long position.
The bullish momentum in recent days has not been very strong, and the price has been hesitating in a sideways movement. However, it is undeniable that the market is in an upward channel at the daily level, and the bullish structure has not been broken, so the overall trend continues to look bullish.
In the short term, last night the price quickly rebounded near 85800. Tonight, we will continue to maintain the low long area we are monitoring in the range of 84900-85600. The strong resistance above is initially at 89200, and if it breaks, we look at 91400.
Tonight, we will continue to wait for a low buy in the 85500 area. For those who want to go short, it is still recommended to wait for opportunities at the upper top position. Attempts in the middle area are not recommended.
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Currently, the white盘 is undergoing high-level oscillation consolidation. In the short term, it is recommended to look for short opportunities above the current price position, while continuing to wait for lower positions for long positions.
At present, the overall market is still in an upward channel without change. The market continues to maintain an oscillation pattern, and the strategy of selling high and buying low should be maintained. However, this position is relatively high, and opening long positions is not recommended. It is advised to pay more attention to high short signals or wait for long opportunities in the evening.
The strong resistance in the upper area of 88900-89300 has already manifested, and there is a demand for a pullback in the future. For high short positions, it is suggested to pay attention to the pressure in this upper range, as there is a need for downward liquidation afterward. If it cannot break through 89300, the outlook is bearish.
The important upward trend line is located in the area of 85000-85500, which is also the previous pressure support conversion point and has certain support strength. For short-term levels, it is only recommended to wait for the support situation at this position to consider low long positions. Currently, it is advised for everyone to watch from the sidelines during this high-level consolidation.
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Today, Bitcoin has shown a strong upward trend after a pullback and consolidation. The overall trend continues to maintain a state of fluctuating upward movement, and we expect this trend to continue.
Currently, the rebound target position above is around 89200-89400. Based on the current upward pattern, we can wait for the pressure situation in this area, with expectations of further fluctuations and pullbacks.
In the short term, at least the previous high of 88400 will definitely be broken, and we can wait for short position signals in the future.
Currently, the short-term trend is bullish. In this fluctuating market, it's best to sell high and buy low, focusing on accumulating positions at lower levels. Be patient in observing the intermediate area; the market's movement requires time and patience to wait.
In recent days, the market has gradually warmed up, but I still advise my friends to be cautious during such times, to watch more and act less, and to hold onto key fluctuation nodes. Now, we continue to wait for signals indicating a reversal in the market above.
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The second coin has also seen a slight rebound today. Based on the market, 2100 will definitely go up tonight, but it is unlikely that there will be a significant stretch in the future. It is recommended to try high short positions more often.
On the daily level, it is still in a downtrend structure. Before the market shows a clear breakout, it is not advisable to blindly go long. The primary resistance above is the starting point of the 2165-2220 area, where a batch of people is trapped. Before the market clearly breaks through this range, it is recommended that brothers pay more attention to high short opportunities.
Tonight's market is unlikely to surge directly. There are expectations for a pullback in the future market. Currently, the resistance levels to watch for short positions in the short term are 2118-2145-2165, and tonight signals can be observed at these levels.
The market will still rise now. Aggressive friends can enter a short position at the current price, but it is not advisable to hold positions longer than the four-hour level. The higher the long position goes, the more cautious one should be; the future is the main stage for high shorts.
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$BTC March 24 Market Analysis: Continued Expectation of Rebound Trend
The four-hour level of Bitcoin shows a rebound and supplementary rise structure. Based on the current market, this wave of supplementary rise is expected to form a three-wave ascending structure, with the current price at the end of the third wave.
The daily level overall shows a repeated bottoming and rebounding structure, and there are still higher expectations in the future market, which indicates a bullish trend.
According to the current trend, it has already broken through the channel resistance. A future pullback is necessary. The short-term upward trend line resistance is around 89200. If there is no breakout today, it is recommended to wait for a rebound to go long.
If a pullback opportunity arises today, it is suggested to focus on the lower area of 84800-84500-83600 for buying on dips. At that time, you can wait for signals to seize the opportunity for a rebound and continued rise.
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$BTC 3.21 Pancake Analysis, Continue to Extend Bearish Fluctuation
The market has made a small downward move after breaking below the neckline level of 84700. Although there was a surge upwards yesterday, the market has since retraced back below 84000.
Currently, the market has returned to the previous fluctuation range, and the outlook remains bearish with further downward fluctuations expected. It is advised to wait for the situation of the U.S. stock market before placing trades this evening.
On the bullish side, for the market to have a short-term bullish outlook, it must first reclaim the level above 84700. Only if it breaks through the previous fluctuation box again will there be a possibility for further bullish sentiment. If the market can successfully return to this range in the evening session, it may be worth considering placing a long position targeting the range of 85600-86000.
The short positions that were initiated after breaking below 847000 have already taken profits, with strong support around 83000. Moving forward, it is still recommended to hold short positions, and if there is a rebound back to the lower channel area of 85600-86000, it is suggested to establish short positions at that location.
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