It has been more than ten days without updates, and I have been quite busy. I will slowly resume updates in the next few days. In the new year, Jin Cheng wishes everyone a happy family! Although the recent shipping situation has fluctuated greatly, if managed properly, the cabin space will increase significantly. However, not doing well could lead to being trapped as soon as entering the market. It is essential to flexibly understand the signals in the market and apply flexible analysis! #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

From the 4-hour structure, after a sharp decline a few days ago, a recovery space has been given. Currently, while the bullish space has not further expanded, the pullback space is small, replacing decline with consolidation. It is evident that the strong bullish consolidation trend continues, and there is still hope for upward momentum. The price of Bitcoin is showing a step-up pattern, and overall the rhythm of the price is accompanied by repeated probing and confirmation of highs. The overall trend remains dominated by upward movements. After a strong surge followed by a pullback, the subsequent positioning still looks positively at the recovery of the bulls!

Bitcoin is trading around 103500-103000, with an expected target of 105000, while Ethereum is trading around 3100-3080, with an expected target of 3200.

The callback is the process, the rise is the result. Recently, we have maintained a bullish outlook without change. The layout is publicly transparent across the network, and this is all traceable. Since last night, Bitcoin has started to rise, moving from around 97,000, as we indicated, to about 100,800. Our long position set around 97,000 has also achieved nearly 3,000 points in space. Currently, it is under pressure and slowly retracing back to around 100,000. Still, the same saying applies: in this kind of market, do not guess the top. In a strong market, one should follow the trend and avoid going against it!

After breaking the high, we once again enter a correction phase. The rhythm remains the same; the bullish trend has not changed at all. We maintain a bullish expectation in the short to medium term. Structurally, after experiencing periodic adjustments, we once again enter a continuous rise pattern. Although it is not very robust, the structure is quite clear. The process of consolidation and correction is fundamentally technical. Currently, the pullback is still defined as a correction. Next, we will see the strength and timing of the second high push. The short cycle is constructing a correction step, so continue to look bullish around this step.

Bitcoin is trading around 99,000, with expectations to see around 101,000. Ethereum is trading around 3,380-3,360, with expectations to see 3,500.

Every trader is like a person sailing on a great river, going downstream allows them to reach their destination faster, while going upstream not only consumes more energy but also risks capsizing. The market is ever-changing. The layout from yesterday to now is still strong. Looking back at yesterday's market, after breaking below 90,000, the bullish rebound was quite rapid, recovering all losses in one day, completing a reversal, and in the morning peaking around 97,500. Our layout was also quite good, starting to position long positions in the afternoon yesterday, gaining 1,800 points, and then shifting to short-term positioning, entering low in the morning again to capture 800 points, this rhythm is quite comfortable. Just follow up with long positions on pullbacks. There have been fewer updates recently, and daily operations have been very busy, approaching the end of the year, if you are not grasping well, just find Jin Cheng Consulting.

On the daily structure, with the market successfully turning positive and closing, the structure of consecutive positive days continues. According to this pattern, we continue to expect positive days. Currently, the upward trend is maintained, but the short-term has begun to shift from a low-level rebound to a reversal, accompanied by consolidation and pullbacks for accumulation. Yesterday's pullback stabilized above 96,000, defending the lower point of the small cycle. In terms of specific layout, we still adhere to the consistent bullish thinking. The breakthrough at 97,000 turned resistance into support. Therefore, we can directly enter long positions around 96,500 on pullbacks, continuing to look for higher breaks. The 4-hour is oscillating upwards in a stepped ascending channel, and the 4-hour pattern still looks bullish. Today's operation's next low point is the critical point, and the breakthrough point is the support point. Last night's closing was at a high position, and today it is highly probable that it will continue to rise first. Currently, although there is not much space above, breaking the high is only a matter of time with continuous testing. #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

The big coin is centered around 96,500-96,000 for longs, expecting to see above 98,000. Ethereum is centered around 3,200 for longs, expecting to see 3,300.

Trends are diverse; the so-called highs and lows are merely the intense heat and anticipation within oneself. Only after breaking through support and resistance, and overcoming the shifts between bulls and bears, do we realize that trading is merely a daily choice between buying and selling! After publicly sharing the long position idea in the morning, the price moved up as expected, with the long position entered near 94600 gaining nearly 800 points, and the long position entered near 3133 in Ethereum gaining nearly 50 points. Currently, the market has risen to around 95500 and has faced pressure, retreating to around 95000, caught in stagnation. Sometimes, upon reflection, both bulls and bears are not that important. Recently, if one has grasped the market well, there have been good opportunities for both sides every day; it just depends on whether one can seize the opportunity. As the year-end approaches, friends who can't grasp it can find Jin Cheng; there might be different gains! #BTC☀️ #ETH🔥🔥🔥🔥🔥🔥

From the current technical structure, today there is again a single bullish surge, recovering lost ground, and the price has returned to the 95000 level. After the four-hour chart showed a door in the market, it has also presented a V-shaped trend. The rebound space is large, and it has closed at a high position, which can basically be determined to have broken the weak structure while starting a rebound. There may be a second dip followed by a rise, which could be a local bottom recovery. The four-hour chart structure relies on the area around 94000 as a critical bottom point, with short-term low buying on retracements.

Bitcoin can fluctuate around 94500-94000, with expectations of 96500-97000, while Ethereum can fluctuate around 3160-3140, with expectations of 3250-3300.

Yesterday, the black swan reappeared, starting to plunge madly in the afternoon, with no pause, dipping down to the 89000 line. I planned to go long, but was swept in just a few minutes. Later, I followed the large coin Ethereum near 90000 to enter long positions, capturing 2800 points and 110 points for Ethereum, reaching the target position quite perfectly. This kind of rhythm leads to significant pullbacks, which have already broken the original structure and lost strength, starting to shift into consolidation. Therefore, after the drop stabilizes, it is the best entry opportunity. Currently, the price fluctuates around 95000, waiting for stabilization before looking for further rebounds!

From a technical structure perspective, the daily line welcomes a large bearish spike, which is also the first significant pullback in recent times. Previous pullbacks were shown as fragmented bearish movements, while this one directly provided a spatial continuous retest. After the rebound, we entered a correction phase, and this corrective posture is expected to continue. A change in trend must be combined with the pattern and time. Currently, the rebound strength has emerged, and now we need time for consolidation. At this stage, we should maintain a consolidation mindset. The short cycle is still in the process of building momentum, and it is expected to still lean towards a bullish adjustment, so we can proceed with low long positions in the short term.

The large coin hovers around 94500, expecting to see around 96000, while Ethereum fluctuates around 3140-3120 for longs, expecting to see 3250.

Effort starts from the present, change starts from this very second. The overall performance of Bitcoin on Monday was very much in line with expectations. Last night, the suggestion was to buy on the pullback. This morning, after entering the market, Bitcoin directly hit above 95,000, and Ethereum directly reached around 3,300. The space has basically been given. The public strategy has Bitcoin reaching 1,400 and Ethereum 60 points. The emphasized swing trades have also reached their positions. This highlights the importance of understanding patterns and structures. When you plan ahead, participating becomes a matter of course.

Regarding the current structure, the current pullback can only be defined as a correction, not a reversal. The dip is just to confirm support and stabilize. After the small cycle pullback stabilizes, it will gradually recover lost ground, with lows continuously rising. It is basically in a moderately bullish position, and we will continue to maintain a bullish approach. Looking at the pattern, if it stabilizes again, it will continue to surge. The current peak is still not the peak; at least 96,000 will definitely be tested! #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

Bitcoin is focused on around 95,000-94,500, expecting to see above 96,000. Ethereum is focused on around 3,290-3,270, expecting to see above 3,350.

The market went down as expected. The short-term high-altitude low-duo suggested in the afternoon entered the market as expected. At present, 500 points have been taken out of the market. In fact, this kind of shock has given many opportunities to enter the market. The idea in the afternoon has been very clear. The structure is still slightly volatile. There is no need to fight a protracted war for this rhythm. It is recommended to follow up with long orders around 93800 for the layout in the evening. Look at 95000 above, follow up around 3220 of Ethereum, and look at 3270. The expected idea is clear, and it will be very simple to take the force! #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

The weekend will start with a tightening into a fluctuation, so today's intraday short positions are unlikely to experience large volatility. Since yesterday afternoon, our short-term layout has been relatively successful, mainly focusing on high shorts and low longs, and everything is progressing as expected. The subsequent layout will still revolve around the range of 94000-95000, and it is particularly important to grasp the entry points well. If the entry position is high, there won't be much space available. This kind of rhythm can be summed up in two words: patience. #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

Doing something and doing it with heart are two different things. The short-term early update prompts to look at the rebound first, and then the market gives the position to enter the market directly near 92,000. The big cake stops at 94,000 and takes 1,700 points. This is the charm of seeing the trend rhythm. The ideas are disclosed in advance. If you hold on, you will usher in light. All the previous difficulties are also paving the way for today. I have been waiting for a retracement and waiting to enter the market. It is obviously unrealistic to wait for a good point. After the bottom was hit in the early morning, it strengthened again in the morning. Looking at the recent rhythm, the strength of the afternoon determines the strength of the evening. Therefore, the timing of entry is to enter the market as much as possible in the afternoon. The continuity of short-term strength is still a problem worth considering. The main concern is the formation of broken Yin and turning to downward exploration, but it will happen again and again. The idea in the afternoon is to wait for the pressure above to retrace before entering. #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

Bitcoin is bullish around 94000-93500, and is expected to be above 95000. Ethereum is bullish around 3280-3260, and is expected to be above 3350
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Today's focus:

At 21:30, the United States will announce the seasonally adjusted non-farm payrolls for December. The market expects an increase of 160,000, and the previous value was 227,000;

At the same time, the United States will announce the unemployment rate for December. The market forecast is 4.20%, and the previous value was 4.20%. #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

A new day, a new beginning. Time flies and it's already Friday. The overall performance of the cryptocurrency market this week has been quite remarkable. Bitcoin has dropped more than 10,000 points in three days, while Ethereum has seen a drop of 500 points. This is the trend, and we have repeatedly indicated the need to short. We have emphasized countless times to short at the current price. In a weak momentum rhythm, one should directly short without waiting. This is the reason many people miss out. In the early hours, Bitcoin once again showed a new low, dropping to around 91,000, providing a rebound. It is currently slowly recovering, but the momentum is still relatively weak. Since Monday, Bitcoin has dropped nearly 20,000 points and Ethereum over 760 points, basically experiencing a steep decline! #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

The movements in the early hours were still significant. After a short-term spike, it stabilized again. For this kind of rhythm, as I said before, the extreme rhythm allows for a large space, and sudden spikes are also relatively normal. After all, the force, amplitude, and speed of the pullback are slightly fast, and merely the time correction already seems a bit weak. Currently, it appears that after finding a bottom, it has started to recover. I personally believe that the possibility of another retreat in the short term is not a matter of the moment, as the recovery on the short line has just begun. From the perspective of a smaller cycle, the early morning spike confirmed support, and there may be a rebound during the day followed by a retest to confirm support again. Therefore, the thinking remains unchanged: first look for a rebound, then look for a retest.

Bitcoin is fluctuating around 93,500-94,000, with an expected target of 91,000. Ethereum is fluctuating around 3,240-3,260, with an expected target of 3,150.

1. BTC once again tests the support level downwards, falling to a low of 92,500, liquidating a dense area of long positions, with 580 million liquidated during the past 24 hours, primarily from long positions.

Long positions continue to emerge, and if it breaks below 91,000, 1.4 billion long positions will be liquidated. However, short positions are even more concentrated; if it rises to 98,000, 2.5 billion short positions will be liquidated.

2. Last night, the Federal Reserve released the minutes of the December interest rate meeting, with no new insights. The focus is on the pace of interest rate cuts slowing down in 2025; currently, the Fed's benchmark for rate cuts is two times, with adjustments beyond that depending on market conditions. #BTC☀

From the minutes, the Federal Reserve is very optimistic about the current U.S. economy and labor market, with no recession expected in the near term.

3. The unemployment rate data to be released this Friday is the biggest gamble since Trump took office and will determine the direction of the crypto market in the short term.

Tonight, the U.S. stock market will be closed for a day in mourning for former President Carter, and we will then enter the weekend.

As the year draws to a close, I have been planning and reviewing the market recently, striving to help all students make a profit before the New Year! Looking back at the market and layout from yesterday to now, the past two days can be summed up in three words: rebound and short. Those who are concerned should also be able to make a profit. After all, there are still many entry positions available. In fact, whether it is long or short, it depends on whether there is more oil. Recently, the short-term points can be predicted as accurately as in the past few days. It depends more on the market pattern to follow up! From yesterday to now, we are still quite satisfied with the rebound and short layout. The big cake has won more than 6,500 points and the ether has won more than 330 points. It sounds incredible, but as long as you grasp the market pattern, it is relatively simple to follow up!
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​, the period of stage adjustment is still relatively clear, and the recent ideas are also relatively clear. A small rebound directly goes short. Since the retracement space is still not deep, there is still a need for short-term exploration. After all, the space is not deep enough. At present, it continues to adjust under pressure. Compared with the pull-up space in this round, the current retracement space is still quite satisfactory. There is still room to see below the pattern. The second test of the 10,000 mark near 93,000 in the small cycle, but it has been said before that a position will not be repeated again and again. After many attempts, the meaning of support will no longer exist. Although there is a rebound, the current weak technical pattern has not changed. It is still optimistic about the need to continue to seek support after the short-term repair and adjustment! #BTC☀ #ETH🔥🔥🔥🔥🔥🔥
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​The price of Bitcoin is around 94,500-95,000, and it is expected to be 92,500. The price of Ethereum is around 3,340-3,360, and it is expected to be 3,250

No matter where you are positioned, basically all are taking off. In the afternoon, there was a hint near 96000. After entering short positions, there was another dip in the evening, with the lowest point reaching around 94500. The short positions have already gained nearly 800 points, while the Ethereum short positions have gained around 30 points. This is the charm of the trend; you must boldly follow the one-sided rhythm without fearing the wolves in front and the tigers behind. In the evening, continue to watch and maintain the rebound short! #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

After a series of consecutive positive candles on the daily chart, there has been another series of consecutive negative candles that have retraced the recent upward space, directly piercing through the middle line from the upper line. The speed of the price decline is also quite rapid, and after hitting the bottom, it has provided corresponding rebound space. Currently, this downward movement has disrupted the overall trend, and the overall weak structure is not to be discussed. The four-hour chart has also changed from positive to negative, with the previous upward momentum being fully retraced. The structure of the movement clearly leans towards weak segments, with a strong decline breaking through and forming a new low. Considering the previous patterns, the current short-term rebound seems to be a time-space conversion for a second downward movement. Therefore, for subsequent arrangements, first pay attention to whether the previous high can be broken in the short term; if it cannot, a further decline is expected. #BTC☀ #ETH🔥🔥🔥🔥🔥🔥
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​The Bitcoin price is hovering around 95500-96000, with expectations looking towards around 93000, while Ethereum is hovering around 3300-3330, with expectations looking towards around 3200.

Some things are just like this: even if you are afraid, you still have to bravely try. If you endure, you will see the sunshine. Put aside your fears; the opportunities in the world are endless, but they still need someone to seize them. If you don't reach out, how can you be pulled to shore? Looking back at yesterday's market conditions, the daily volatility was quite large, peaking at around 103000 in the early morning, then facing resistance and falling back to around 101500. The entire market has been fluctuating within a narrow range until the evening when there was a waterfall-like drop, leading to a decline of nearly 5000 points. It has now stabilized around the 97000 level. However, for our daily layout, it was still quite good: going long in the early morning, then shorting in the morning, and observing the market pressure in the evening, we continued to set up two short positions, all of which were successful. The big pie gained over 6000 points, and Ether gained over 140 points, making it a relatively satisfying day. #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

From the current market structure, after a decline of nearly 5000 points, the market has entered a consolidation phase, with an overall weak trend. After a series of bearish movements in the 4-hour structure, although there was a rebound from the bulls, the strength and continuity were completely suppressed by the bears. This can also be understood as the current bullish momentum being insufficient, which further indicates that there is a lack of upward momentum in the short term. The overall structure still needs a wave of retreat to improve. Therefore, even if we want to set up bullish positions, it is necessary for the bears to confirm the bottom support before considering bullish setups. Friends who are currently in cash do not need to rush to enter the market; just confirm the support before entering.

From the current overall structure, after the large pancake has formed a series of upward candlesticks, it has entered a correction. Although there has been a pullback, breaking through the bottleneck currently seems to be just a matter of time. The fact that it has entered a correction again is the best proof of this, indicating that the price ratio is building a new rising platform. It can be seen that the bulls have ample momentum and patterns, and there will not be a reversal to give a deep adjustment. Instead, they will pull up again after the correction. In the short term, as the price ratio continues to rise and forms a breakthrough, the pressure above will also gradually weaken. In the future, it is highly probable that the bulls will continue to push upward first. Therefore, for subsequent layouts, one can look at the pullback after the correction to make layouts, with target expectations remaining unchanged as in the morning! #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

I have been quite busy these two days, so I haven't updated my thoughts in time. From early morning to now, the overall market is in line with our expectations. The big cake is in a volatile upward trajectory and is showing a slow rise. Although we have less layout in the past two days, the overall collection is still considerable. The accumulation of space is by no means completed by one or two orders, so I am eager to study harder, and in the continuous self-improvement, I will lead my students to achieve what they expect! #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

From the overall structure of the current market, the price comparison market in the small cycle is horizontally sorted and corrected within the range, but the market pattern is still dominated by strengthening and going long, but the upward movement is relatively slow. Since there has been a wave of upward volume during the day, and the low point below is constantly moving up, we can also think that the follow-up will still be dominant. Combined with the previous pattern, even if there is a retracement, it will be quickly recovered. For the next layout, you can wait for the price comparison to stabilize and then directly arrange the long order!
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Bitcoin is around 101500, expected to be around 104000, Ethereum is around 3690-3670, expected to be around 3780

The market came out again in the early morning, and the air situation finally rose as I expected. The big cake returned to above 100,000, and it was unstoppable all the way to 102,000. The long orders we ambushed at 99,000 last night once again gained nearly 3,000 points of space, 60 points of ether, and our layout yesterday was also quite good, all with long orders. The big cake gained nearly 4,000 points in total, and 110 points of ether. The strength is beyond words. The current market has entered the correction stage again, and we can wait for the correction to rise!

For the moment, the short-term has officially entered the correction and adjustment stage. The main reason is that the overall space brought by the long breakthrough and volume is relatively large, and the breakthrough has not ushered in the correction stage after releasing kinetic energy, so it is normal to correct for a period of time. The shape is still a pause signal, not a reversal signal. The trend is still long, but it may enter a short period of shock cycle. For the correction and shock stage, both long and short can basically participate, but it is best to follow the trend to retrace more. Plan to retrace more in the early morning, and then decide based on the strength of the retracement! #BTC☀ #ETH🔥🔥🔥🔥🔥🔥

Bitcoin is trading around 102000-101500, and is expected to reach 104000. Ethereum is trading around 3700-3680, and is expected to reach 3800
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Currently, after reaching a high, although there has been a slight pullback, do not change direction because of a short-term minor pullback. Many people see the market drop and think it has reversed, hurriedly going short, only to find that the pullback does not continue and lacks strength, leading to a rebound and resulting in losses. Secondly, many people start to guess the top and go short at this time, thinking the market has risen so much that it must go down and won't rise much further. Little do they know that the market will not change direction based on their feelings. Until there is a clear reversal, we should maintain the trend structure direction; otherwise, we will pay a certain price for it. The greater the pullback strength on the four-hour chart, the more firmly and confidently we see the bullish trend, and the overall upward range will not change the entire trend due to this recent minor pullback. #BTC🔥🔥🔥🔥🔥 #ETH🔥🔥🔥🔥🔥🔥

The large coin fluctuates around 99000-98500, with expectations looking above 100,000, while Ethereum fluctuates around 3640-3620, with expectations looking above 3700.