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There is a serious divergence between long and short positions in the current price of Bitcoin. It has broken through 98,000 and tested 100,000, which is a critical hurdle. The rebound sentiment of the copycat is expected to continue, otherwise it is recommended to lock in profits. Love from Brother Tiger!
There is a serious divergence between long and short positions in the current price of Bitcoin. It has broken through 98,000 and tested 100,000, which is a critical hurdle. The rebound sentiment of the copycat is expected to continue, otherwise it is recommended to lock in profits. Love from Brother Tiger!
Bitcoin's intraday support has been confirmed, but I am skeptical whether it can continue to rise. If it continues to rise and break through 100,000 US dollars, I will choose to enter the market. This is a safer way. The sentiment of copycats has recovered, but before Bitcoin fails to break through and stabilize at 100,000, please remain rational in the short term!
♛Eft: Recently, the US spot Etf has been in a net outflow state. A large amount of funds flowed out yesterday, with an outflow of up to 248 million US dollars! (Etf net outflow reflects the pessimism of the short-term market and puts pressure on prices) ♛Market sentiment: As European and American users return from vacation, the market heat has rebounded, but the market is still dominated by weak fluctuations, and the hot spots have not been sustained. Trump moved into the White House this month, and the market is optimistic about the market outlook for 2025. The important reasons for the short-term market's cautious attitude come from (next week's non-agricultural employment data, interest rate meeting and other economic data, and the expiration of the $2.6 billion option on Bitcoin) ♛After Trump took office, the market paid attention to his multiple regulatory issues in encryption! ♛Since hitting a record high of $589 on November 21, MSTR's stock price has fallen by more than 44% to $300. In the past two weeks alone, its market value has fallen by 34%. As a crypto asset that stands out in the U.S. stock market, subtle changes in the market environment have also turned into sharp fluctuations in stock prices. The shrinking premium shows that investors' confidence in its "leveraged Bitcoin investment" narrative is weakening. Summary: Short-term shocks strangle leverage, investors should avoid short-term trading, but at the same time pay close attention to the key defense line of bulls near 91,500! (The above information is screened and interpreted for reference only. Investment is risky and it is recommended to stay away from short-term trading)
❤️Contracts are a product that requires a high level of personal discipline, execution, planning, and mastery of trading skills; this is not something ordinary partners can engage in. You may have made money for a while, but that is just part of the process; the results will all be the same, especially now that institutions are using AI against you. So, as someone who has been through it, I advise everyone to stay away from contracts if you are not a professional! Love from Hu Ge!
The pancake is recovering from recent declines, rising more smoothly than it is falling, targeting around 100,000! The technical analysis initially confirms a reversal! This is because it has broken through the pressure zone of the fourth area!
I hope the latest script is helpful for your trading: In fact, Bitcoin is currently experiencing an astonishingly torturous market. Whether it can form a breakthrough reversal needs to be closely monitored around the pressure point near 93000. If it cannot break through, the next test point will be around 90000 or even lower. If it breaks through 93000 and stabilizes at 93000 before pushing towards the resistance area around 94000, then the head and shoulders bottom formation of Bitcoin will be confirmed. Once the upward trend is established, it will be smoother than a downward trend!
The current pancake has experienced five waves of fluctuations and declines. As shown in the figure, the bottom shows a clear divergence trend, generally regarded as a reversal signal. If it breaks through and stays above 93,000, the signal will be even stronger. So, there is no need to rush! We need to be patient!
The large pancake is running regularly, with rebound resistance around 93,000. If it cannot break through, it will continue to decline, targeting around 90,000! We consider a stable position in the fourth region as a reversal signal for the large pancake. Until then, maintain a weak position and control your holdings!
Many people have entered a vicious cycle, trading incessantly every day. This is a misconception, as they cannot control themselves and therefore cannot judge when a significant market movement will occur. In fact, in life, you only need 1-2 opportunities for major market movements to achieve a turnaround. Many people, however, fall in the constantly fluctuating market and regret missing significant opportunities! When the market is uncertain, you must learn to rest and wait. Instead of fighting daily and suffering internally while incurring losses, it is better to choose certain market cycles to trade! The trading market will not reward you for your foolish diligence; rather, it will make you suffer immensely because of it. I am Brother Tiger; follow me to refresh your trading knowledge! "The Trading Bible"
Bitcoin is currently in a rectangular oscillation in the range of 100,000-92,500. If it falls below the strong support of the rectangle, Bitcoin will continue to weaken in the short term and the next target is 90,500. Operations in the oscillation range require strict compliance with trading disciplines. Currently, the sentiment of the copycat is at a freezing point. There is no rush to fill the warehouse, but you can arrange the warehouse in batches!