Many people have been asking me about the lazy schedule, so I specially updated it today. In fact, you can find the previous lazy schedule by looking through my previous short messages. I will pin this short message. You can also take a screenshot and use it to slap me in the face.
September 3/4: Wait for the last drop. The last drop will occur during the Asian session, that is, before 3 pm Beijing time. The amplitude will not be less than 3,000 points, and it will leave a long lower shadow (daily level). Unless this kind of decline has already occurred before September 3, the decline on the 3rd/4th can be without a lower shadow, but the amplitude will still not be less than 3,000 points. After this decline comes out, enter the market to arrange mid-term long orders.
September 18/19: At least half of the long orders will be closed (if the price breaks 73,800 on September 18, half of the long orders will be closed; if the price only hits 67,000 on September 18, all of them will be closed, because in that case the market will have to be washed again in late September), and then short orders will be entered. Short orders will be held from September 19 to October 3.
October 3/4: All short orders will be closed for profit, long-term long orders will be entered, and the copycat spot will be actively deployed. Welcome the crazy October.
November 13-November 16: All long orders will be closed for profit in batches, and cash will be withdrawn when it is time. Keep a small amount of funds to play with intraday short orders.
December 15: Start to arrange long-term short orders for 11 months. There will be 2 opportunities for rolling short positions during this process. I will tell you when the time comes.
Daily Market Analysis of Cryptocurrency (11.26) Summary: 1. Explanation of why I do not add positions at higher levels in the copy trading system; my personal account has added positions, and the average price of the short position is above 95000. I execute based on my thoughts. 2. The market analysis at midnight last Thursday was largely accurate. Sometimes what we need is more patience. 3. I am actually more enthusiastic about going long than going short; if you don’t believe me, you can count my entire analyses. 4. The U.S. stock market is expected to see volatility and weakening tonight. 5. For the current 4-hour downtrend, the target can only be seen around 88000, and the reasons were explained. 6. After this 4-hour downtrend completes, there will be a 4-hour uptrend; regardless of whether it breaks 100k or not, the bull market will end in mid-December. (At least it will end a daily level uptrend that started from 52500.) 7. If there is another bull market next year, the prerequisite is that the daily downtrend starting from mid-December must stop falling around 78000. In the worst-case scenario, the daily closing cannot be below 74000. Otherwise, abandon all illusions. 8. Compare the trends of 2021 and this year. 9. Ethereum still has the expectation of a follow-up rise; in the next half month, going long will mainly consider Ethereum.
Operations: 1. For the short position of $BTC , close half at the 88000 level to ensure breakeven, and observe the rebound strength at the 88000 level. As long as breakeven is not triggered, for the remaining short position, sell when the price hits the daily EMA30 (around 86000?). The timing is expected to be around this Friday/Monday.
2. For the position $ETH , go long near the daily EMA15 (3215); hold the long position for at least 48 hours.
3. For position $SOL , attempt to go long near the daily EMA30 (215); if stopped out, do not rush, and also place an order to catch it near EMA60 (around 195).
Good morning everyone, I am Chicken Father. 1. Although I emphasized last Thursday that the rise and fall should occur on Monday, the decline last night did not meet my expectations, so some short positions may need to be closed around 88000.
2. $BTC and $ETH , the overall thinking and strategy remain unchanged from Thursday's market analysis. However, the approach for $SOL needs to be adjusted; we cannot enter at the ema15 on the daily chart. Treating SOL as a large version of Bitcoin may be more appropriate. But actually, this is normal, as after the FTX incident, SOL effectively changed hands.
3. The current position is around 93500, which is the ema10 on the daily chart, the ema60 on the 4-hour chart, and the ema250 on the 1-hour chart. Logically, there should be a small rebound, but I don't mind catching a falling knife here. Unless doing a swing trade in the short term.
4. Many people are urging, but it may not be possible to write a market analysis today; let's see how the time goes later.
Good evening, everyone. I am Jifu. I have to go on a long trip for business in the next few days. If I am quick, I can resume the analysis on the 26th. I have been packing up today and have not had time to write the analysis. I originally wanted to forget it, but since the market is relatively large today, I still wrote down my thoughts before leaving. 1. Just 3 minutes ago, the big cake hit a small high of 99100. I boldly predicted that this should be the high point of the next week. I hope I will not be slapped in the face [laughs] The current market is an obvious short squeeze market. The increase is indeed much larger than I thought. I originally thought that it would go to 97000 at most, but I didn’t expect it to reach 99000. It seems that there are indeed many people shorting. However, the end of a market is often ended by violent pull-ups or market crashes, so the current market is undoubtedly the tail of this 4h level. Due to the huge selling volume near 10w, it is hard for me to believe that the main force is willing to go up to the 10w mark in one go, unless the liquidation volume of the 10w mark is attractive enough, but observing the market data, it seems that 9w9 is the concentrated area of liquidation. 2. The current cryptocurrency market is very similar to the situation on October 20, 21, whether it is Bitcoin or other currencies. 3. For Bitcoin, I tend to start from now (3 am on November 22) and go down by 4h level. Even if this move is very mild like in late October 21, it will at least fall below the 86400 line. This 4h level move will probably go to 10 am on December 2. 4. Although on October 21, 21, there was a super large Yin line, forming a Yin-enclosing Yang pattern. But considering that the next two days are weekends, the main decline should be next week. 5. To be honest, I am not panicking at all about the short position of Bitcoin, but I felt something was wrong with the short positions of Ethereum and Sol in the evening, so I sold them immediately. There is a high probability that sol and ether will continue to rise in the next half month. If we refer to the trend in 21 years, the operation logic will be very simple: $ETH , go long when the daily EMA15/daily line has two consecutive negatives, and the price will be out of the moving average to stop profit. Go long again, and repeat. $SOL , go long when the daily EMA15 is back, until the price is far away from the moving average to stop profit. $BTC , first make a 4h down, then make a 4h up.
In terms of exchange rate, starting from October 20, 21, the exchange rate of ether to bitcoin has risen by 70% from the bottom, which can be used as a reference.
Daily Analysis of the Crypto Market (11.20) Summary: 1. The volatility of the US stock market and the crypto market is increasing, and the underlying issue behind the sharp rises and falls remains a lack of liquidity. 2. Last night and this morning, I executed two short positions, and I won't consider short positions in the next few days. 3. The increase of SOL has already started to lag behind Bitcoin since last night. 4. The medium-term short positions can start to be gradually established from today. After the failure of the second sell at 92700 yesterday, 93800, even if not a sell, is infinitely close to being a sell. 5. In terms of the larger cycle, after this upcoming 4-hour level decline is completed, there will be a 4-hour level rise going into mid-December. Then, the daily level rise that started from 52500 in early September will end, officially beginning a downward move at the daily level. 6. Many people are concerned about whether there will be a bull market in 25 years. The premise for the bull market in 25 years is that the daily level decline from mid-December to late January must not have a lowest point below 74000, or at least the daily closing price must be above 74000.
Operations: 1. Bitcoin is around 94000, Ethereum is around 3140, and SOL is around 240 for entering medium-term short positions.
2. The short position $BTC is half closed at 83888 with breakeven, fully closed at 78888. The short position $SOL is half closed at 208 with breakeven, fully closed at 188. The short position $ETH is fully closed at 2850.
Daily Market Analysis (11.19) Summary: 1. The big A will start its last peak of the year, and the Shanghai Composite Index should be reduced or exited above 3600, do not be greedy. 2. No matter how the US stocks move today, as long as the closing price is below 18700, it will not be considered a full drop. 3. After the market analysis was released last night, a sharp drop occurred before the US stock market opened, giving me a short-term bullish opportunity. However, starting today, we will officially enter a short position on the 4-hour level. 4. This 4-hour level drop has two possible outcomes (oscillation, standard), but it will at least go down to around 83000. 5. The current market situation is similar to late October 2021, with many people looking at 100,000, my suggestion is to sneak away at 99000. 6. The smaller levels are still very chaotic, with opportunities on both the long and short sides in the short term. But a trend will emerge soon. 7. Due to the long sideways period, before the drop comes out, there may first be a central move that takes out 93400 before going down. Before that, the 92700 from last night can be treated as a type II sell.
Operations: 1. $BTC above 91700, with 92700 as the stop loss, for the first 4H level peak; $ETH above 3120, with 3170 as the stop loss, for the first 4H level peak; $SOL around 244, with 246.5 as the stop loss, for the first 4H level peak.
2. After breaking the level, buy Bitcoin again at 94000, Ethereum at 3230, and SOL at 250.
3. Make fewer short positions in altcoins, wait for the end of the month to adjust, and it might be more realistic to catch the last wave of the altcoin season.
Daily Analysis (11.18) Summary: 1. The big A is about to start the year-end peak, but the current rise is not a bull market. 2. Although the Japanese stock market weakened in the morning, the U.S. stock market looks bullish in the evening. 3. The current upward move at the 1H level has not finished yet but is nearing completion. Regardless of whether it breaks 93400 (the difference between the first and second sell), it will create divergence and end the upward move that started at 58900 at the 4H level. 4. In the short term, due to significant fluctuations, the difficulty of trading is increasing, requiring thicker defenses. 5. From the perspective of the Chan theory, there have been many false signals at the small level in the past two days. The current upward move at the 1H level is not progressing smoothly. 6. A reasonable operation is to wait for the upward move at the 1H level to finish today and tomorrow, then proceed with the layout for medium-term short positions.
Operations: 1. Since the current upward move at the 1H level is nearing its end and is not progressing smoothly, we will temporarily refrain from low buying.
2. Starting from tomorrow, we will begin to set up medium-term short positions at the 4H level. Specifically, at $BTC near 94000, we can make the first left-side peak touching, $SOL for the second left-side peak touching, and $ETH 3230 for the third left-side peak touching. The defense needs to be a bit thicker, at 86000,225,3030, taking profit on half to break even.
Daily Analysis (11.16-11.17) Summary: 1. The US stock market opened and closed lower as expected last night, but the current US stock market is not at systemic risk. However, after mid-December, the possibility of a crash is very high. 2. The 1h-level down move on the evening of the 13th should have been completed in the early morning of yesterday. Although the point was not as expected, there was nothing wrong with the short-selling logic last night, and I also took profits in the early morning. The short-selling logic last night was: the last 1h-level down move, the structure still lacked the last 15f-level down move/the pre-market data of the US stock market was very poor, and there was a risk of a sharp drop. In this case, there is a high probability that the big cake will go down by a 15f-level decline in the evening, and there is nothing wrong with short-term shorting. 3. The point not being as expected does not affect the integrity of the structure. A 1h-level up move is currently running, and this move has already gone through two 15f-level structures. It will probably be completed on Tuesday or Wednesday next week, and then a 4h-level down move will begin. 4. The current 1h level up, the point can only see 94000-97000. It may not even exceed 93400. 5. There are two possibilities for the subsequent 4h level down. 6. Whether it is short-term or medium-term, we must pay attention to the replenishment of the cottage.
Operation:
1. At present, there are no conditions for trend orders. Trend orders must wait until next week, and wait for the current 1H level up to complete before you can start to lay out. Time is running out, wait patiently.
2. Short-term long is the main currency during the day, and the currencies are mainly $ETH , $SOL , cottage, and $BTC . Next Monday and Tuesday, we will stop profit, and then wait for the opportunity of medium-term short orders.
Daily Analysis (11.15) Summary: 1. US stocks are not optimistic tonight. 2. Views on gold and A-shares. 3. Due to the sudden pull on the evening of the 11th, there was no divergence at all levels at that time. On the 12th, there was a 15f-level down move, and then on the evening of the 13th, there was a 15f-level up move. Currently, a 1h-level down move is running from 93400. This down move should not be completed yet, and it is more likely to go down with the US stock market in the evening. Pay attention to 86000/84500. 4. After this 1h-level down move is completed, there will be another 1h-level up move next week, with a high probability of divergence, and start a 4h-level down move. Pay attention to 78000/74000. 5. Starting from the beginning of December, there will be another 4h-level up move. Let's not discuss the height of that up move, but at present, the probability of forming a copycat season in December is relatively high. Therefore, after the 4h level of the big cake is down, the main long position is the copycat.
Operation: 1. At present, there are no conditions for trend orders. Trend orders must wait until next week and the last 1H level up before they can be laid out.
2. The main intraday operation is band operation. The current 1H level down, including the last 1H level up, will not move particularly fast.
3. In the short term, $BTC , $ETH , $SOL can be opened at the current price. Conservatively open a short position at 10:30 pm, with targets of 86500, 2950, 200.
Daily Market Analysis (11.11) Since this issue is quite long, I will not summarize it. I will write down the parts that I did not write down later. In short, the main idea of this market analysis is to give the rhythm of spot shipments. Everyone should sell in two batches. Some cottages are about to start selling in the first batch. Don't be greedy. The profit should be rich enough. I have sold a lot of spot. For the mainstream, Bitcoin has been sold at 79,000, and Ethereum and Sol have not yet reached the selling point. In addition, for several cottages that ask more questions, I also give the positions for shipments, which you can refer to. At present, it is better to consider placing long orders at the support level below. I actually placed a lot of long orders, but they were not triggered. Don't worry about this. Waiting is part of the transaction. Anyway, the two main things I am thinking about now are the rhythm of spot shipments and how to arrange long short orders starting in mid-December.
(Continued from the text after 4 pictures: The second wave position is likely to be higher than the first wave, so just use the high point of the first wave as the selling price. Don’t even think about getting the full share of the copycat. Take my favorite JTO as an example. If you didn’t sell it in mid-March, and then you set a stop profit of 3.85. JTO rose to 5.33 at the highest. Did you sell it? The price of 4 or 5 yuan for this coin is not for you to play with. You know, JTO at this price has nothing to do with you. WLD is as high as 11 yuan. Do you think 5.5 yuan of WLD is high or low? If you can get 8-9 yuan of WLD, it’s all because of good luck. People can eat enough.
Operation: 1. Trend single touch the top 4H level mid-line short order, the difficulty is relatively high, the mainstream currency is only SOL relatively easy to operate. 2. Short orders can be long and short, relying on the reference pressure and support, long and short can be operated 3. In general, the difficulty of operating the current contract is actually rising in a straight line. You can say that long orders will always make money because they have been breaking new highs, but stop loss must be brought. The space above will not be very high anyway. The core consideration at the moment is the batch exit of spot (two batches now/mid-December), and the layout of long-term short orders after mid-December.
Daily Market Analysis (11.09-11.10) Summary: 1. Beware of a potential crash in the US stock market in mid-December. 2. Multiple times this year, I have suggested buying at low levels. In early September, around 52500, when the entire network was bearish, I indicated that the current position was a 'weekly level buy'. Furthermore, in early September, I clearly stated that by the end of the year, we would break through the all-time high (ATH) and reach 80-90k. All market analyses have been documented. Overall, at least my long positions in Bitcoin have been relatively profitable, so I do not acknowledge that my trend judgment was wrong. Now, I am indicating the risk of a crash by the end of the year, but you can choose not to believe it. I can only say that it is wise to take profits and secure your gains. 3. Currently, it seems we are making a downward move on the 1-hour chart, targeting 74000. If Bitcoin continues to hover above 76000 tomorrow, Ethereum is expected to rise above 3100, providing the first opportunity for a short position in the past few days. 4. Currently, this upward move on the daily chart still requires 2 more structures on the 1-hour chart and 2 on the 4-hour chart. 5. Historical peak timing. 6. Regarding Ethereum's catch-up rally. 7. Regarding contract trading.
In terms of operations: 1. Holding short position $BTC , target 74000, short position $ETH 3111, defending at 3151, target 2820.
2. For Bitcoin, if it pulls back to 73500, aggressively go long, defending at 72700. For Ethereum, if it pulls back to 2800, aggressively go long, defending at 2760. For position $SOL , if it pulls back to 192.5, aggressively go long, defending at 188.5.
3. If aggressive long positions are stopped out, re-enter around Bitcoin 71200, and similarly for Ethereum and SOL.
4. Some altcoins have already broken through the 4-hour MA/EMA 250; after a pullback, go long. Short-term longs, mid-term longs, execute two trades. Be cautious with short-term shorts; for mid-term shorts, choose small-cap coins that haven't broken through the MA 250, relying on the 4-hour MA/EMA 250 for advance limit orders.
Good evening everyone, I am Chicken Father. Today I placed two short positions, one short on JTO at 2.91, and got stopped out at 3.03. One short on CATI at 0.449, and I will prepare to take profits soon. I actually shorted JTO at the 2.8 level yesterday as well, and got stopped out at 2.9. I won't touch it for now; I've already gone back and forth with this coin a few times, so I'll just consider these two losing trades as giving back to it. Moreover, I probably won't trade JTO anymore this year, as I have already sold my spot at 2.88, and I tend to pay less attention to coins I've already sold.
The reason I am specifically posting this short message is that in my recent comments section, whenever I say it's possible to attempt going short, there are comments saying “fuel.” I think going without stop losses is fuel, but with stop losses, it can't be called fuel. If it can’t blow me out, whether I am betting on a short-term pullback or a long-term bearish outlook, to put it simply, it’s all a gamble, it’s an attempt, what does that have to do with fuel?
In addition, there have always been people asking me to recommend some altcoins. I particularly recommend $TIA , which is at a long-term low, but if you look at it on a weekly level, the volume has been continuously flowing in. I mentioned this coin in someone else's chat room once, just a few days ago. My cost for TIA is 4.7, and I set a sell price at 6.8. Besides TIA, I think $1000SATS and $FET also still have relatively high potential for catch-up gains. Then there is ONDO, which I also expect to see significant recovery.
To be frank, currently, it seems doge should still rise. I sold at 166, and it seems I confirmed I sold too early, but I have no regrets.
Currently, all my spot holdings, since Ethereum surged above 2800, are only ton and not in a loss state. I entered ton at the beginning of July, when Binance had not yet listed ton's spot, so I went long with a 2x contract, and I still have significant losses, which is quite frustrating. Logically, I should recommend ton because of its good narrative, good technology, good prospects, and long-term low prices, but since I have been stuck with this coin for nearly half a year, it feels inappropriate for me to recommend it to you.
Regarding mainstream coins, I will post the weekend's analysis tonight. I have almost finished writing it, but I found I can't let it go, and I think these points are also quite important, so I'm writing an additional short message. Overall, my expectations for Bitcoin in the coming month are roughly as shown in Figure 3.
Daily Analysis (11.08) Summary: 1. The US stock market continues to rise, which is unhealthy; beware of year-end risks. 2. Gold prices should have another wave before the end of the year, and then it will also go down for a monthly line, heading towards mid-next year. 3. Currently, it should still be running a 1h level upward movement starting from 66800. This upward movement is nearing completion, and soon it will begin a 1h level downward movement. However, the decline should not be too deep, probably only reaching around 73000, with the extreme being around 71200, which can be divided into aggressive long positions and conservative long positions. 4. After this 1h level downward movement is completed, there will be one last 1h level upward movement; as long as it does not exceed 83000, it will start to move down for a 4h level downward movement. 5. Is Bitcoin pushing for a peak or consolidating at the top by the end of the year? Regarding the next 4h level downward movement, how the market behaves will yield three different outcomes. The first two possibilities are more likely, while the last one is less likely. 6. Ethereum's rebound is below expectations; in the short term, it may follow Bitcoin's 1h level decline, testing the support level around 2800. After the pullback, it can still be attempted to go long, but Ethereum has performed too weakly this year, so future positions should be reduced, ranked behind SOL. 7. Altcoins/Ethereum and Bitcoin currently have different rhythms, and there is still an expectation for a rebound. 8. When making a pullback to go long, altcoins should take precedence.
Operations: 1. Place a short order near $BTC 76900, with a stop loss at 77700 and a target of 74000. No shorts on Ethereum or SOL.
2. Aggressively go long if Bitcoin pulls back to 73500, with a stop loss at 72700. For $ETH , aggressively go long if it pulls back to 2800, with a stop loss at 2760. For $SOL , aggressively go long if it pulls back to 192.5, with a stop loss at 188.5.
3. If the aggressive long position is stopped out, re-enter near 71200 for Bitcoin, and the same applies for Ethereum and SOL.
Daily Analysis (11.07) Summary: 1. The US stock market opened high and rose by 3 points yesterday, and is currently weakening before the market opens. Even if the market fluctuates and closes negative, it is normal, and it is not ruled out that the market will open low and go high. 2. Currently, a 1h-level decline is starting from 76400. This 1h-level decline has already gone halfway. With the help of the US stock market opening low, it will almost be over if it goes down a little bit. As long as the interest rate is cut by 25 bp as scheduled at 3 am, the last 1h-level rise of this round of 4h-level rise will begin. Because the previous 1h-level increase was too large and left many gaps, as long as it cannot pass 83600, it will diverge and start a 4h-level decline downward. 3. Since the current 4h-level rise is far from diverging. So after a 4h-level decline is completed, there will be another 4h-level rise. By mid-December, if it cannot pass 88000, it will diverge, ending the daily level rise starting from 52500. The premise of a bull market next year is that it will exceed 88,000 this year. 4. Review of the previous 1h-level structure. 5. Expectations of Ethereum's compensatory rise. 6. After a 1h-level upward movement is completed, consider the layout of short orders.
Operation:
1. At $ETH near 2800, make a long order on the right side to gamble on the expectation of compensatory rise. Small stop loss to gain a large space.
2. Long orders expire on Saturday. As long as $BTC does not hit 82,000 before Saturday, it will diverge and start to move downward at the 4H level. Since the previous 4H-level upward movement is far from divergent, after this 4H-level downward movement is completed, there will be another 4H-level upward movement until mid-December. If you don't want to short, you can take a long position near 70,000-71,200. The cottage season will also explode at that time.
Good morning everyone, I am Chicken Father. It’s late at night, and I want to share a few heartfelt words with you all.
1. Although my recent performance has not been great, it is absolutely not as outrageous as some comments suggest. In the past week/month, while my overall account profit is not high, I admit I am still earning, just not much. My personal account has a 22% profit rate over the past 30 days, and a 2% profit rate over the past 7 days, with 2 days profit and 2 days loss. All my copy trading accounts are real. If it were really as some comments say, that I am 'always against the trend,' 'never right,' or 'blow up once followed,' then even if my account is not liquidated, it should at least have been halved, right? But in reality, since I started leading trades, my overall profit rate is still positive. Even if I made a mistake on this round's 4-hour level drop, the profit rate is still positive, at 12%.
Daily Market Analysis (11.06) Summary: 1. There will be no self-criticism issued, it holds no significance for you. I really didn’t expect to reach 75,000 today, and since it was pulled up very quickly (taking the rebound in Pennsylvania as an opportunity, pulling up 4,000 points in one hour), it caught everyone off guard. 2. Don’t rush into trading yet, observe the evening trend; whether the US market opens high and keeps rising or opens high and falls is crucial. At least wait until around 71,500 to go long. 3. The market share of Bitcoin has reached 60%, and once it stabilizes, altcoins will catch up. 4. Maintain the original view that altcoin spot trading will be sold off in two batches at the end of November/December. 5. Originally planned to switch from short to long on the 8th, but the actual surge on the 6th far exceeded expectations; however, according to the timing, it can still proceed as originally planned. 6. The upward movement from 58,900 on the 4-hour chart has not yet completed. The previous six consecutive daily declines were just a downward move on the 4-hour chart. 7. Although there was a plan to go long on Monday, I placed many long orders before sleep, but due to conservative entry points, only one was hit. Conversely, my personal account hit more long orders. My intention was good, but it led to missing out, and I truly apologize to you all. 8. Due to this surge, both the 4-hour and 1-hour levels are no longer diverging. Therefore, there will be another downward move on the 1-hour level and an upward move on the 1-hour level; focus on whether it can break through the 80,000 line. Long positions should exit around the 79,000 line.
On Operations:
1. Observe the pullback strength of $BTC , and start going long at 71,200. 2. Capital allocation is as follows: Bitcoin 30%, $SOL 30%, $ETH 15%, and all other altcoins 25%.
Good morning, I am the Chicken Father, and I have an urgent announcement. 1. If you have gone long, you need to close part of your position now. Trump has at most 190 votes, while Harris can still get at least 230 votes. Therefore, in the subsequent counting process, the gap between Harris and Trump will gradually narrow. 2. The volatility is very high, so be aware of the risks. It’s still the same viewpoint; since voting is still ongoing, the probability of good news turning into bad news is quite high. Although the increase is slightly larger than I expected, even if Trump is elected, it will only push up briefly before ending. There is also a 1-hour level drop that needs to be addressed.
Daily Market Analysis (11.05) Summary: 1. U.S. stocks are rising before the market opens, but there likely won't be significant movements today; a high opening followed by a low close with a slight gain is probable. 2. Regardless of Harris or Trump, a breakthrough of ATH at 73800 before the end of the year is highly likely. It will only influence short-term trends. 3. For the main players, liquidity is the most important. 4. Regarding the peak of the A-shares. 5. Currently, this 1-hour level upward trend is expected to continue until tomorrow noon, followed by another 1-hour level downward trend, reaching the early morning of the 8th. 6. The election of Harris and Trump will have a significant impact on how this 1-hour level downward trend unfolds. 7. Due to the ongoing voting, the probability of positive news turning negative is high. The turning point should be the interest rate meeting in the early morning of the 8th (remember to stay up late).
Operations: Medium-term: 1. Close all short positions for $BTC at around 65000. Close all short positions for $ETH at around 2280. Close all short positions for $SOL at around 148.
Short-term: 1. Short Bitcoin at 69888, short Ethereum at 2488, short SOL at 165.5. Targets are the same.
Daily Analysis (11.04) Summary: 1. The rebate has been issued over the weekend. If you have any questions, please leave a message to tell me at any time. 2. Harris trading is being conducted before the US stock market opens. There is a high probability of a negative closing, but it will not necessarily have too many adverse effects on the cryptocurrency market. 3. The current 4h-level downward trend has not yet been completed, but it may have to start from 67400 and rebound upward by 1h to around 70500. We can boldly try and make mistakes on the premise that we have a large position and a medium-term short order in hand. If it is swept, it means that the 1h-level upward trend has not yet been completed, and there is still a 1h-level downward trend. Then our medium-term short order profit can be magnified, so it is not a bad thing. 4. The lowest point before and after the election is not necessarily the lowest point on the day of the election. 5. Regarding the short-term long position I entered at 11:30 last night, why I stopped profit and exited at 2 am in advance, I explained. 6. Even if it starts from 73600 and goes down by a daily level, it will go to around 61500. Before and after the election, it still needs to go up by a 4h level.
Operation: Mid-term: 1. $BTC short orders are all sold at 66600. $ETH short orders are all sold at 2250. $SOL short orders are all sold at 151.
Short-term: 1. Pie long orders are expected to reach around 70500, long orders are taken profit and shorted; long orders are expected to reach around 2520, long orders are taken profit and shorted; SOL long orders are expected to reach 167, long orders are taken profit and shorted.
Daily Market Analysis (10.31) Summary: 1. Initial jobless claims are very likely to be published below the forecast value, which will lead to a downward spike; after the spike, we will see the rebound strength. 2. Even if U.S. stocks do not face systemic risks before December, they still lack about a 10% correction. Be cautious of the waterfall in the next couple of days. 3. In the last 4-hour uptrend, I entered at 59333 and reached around 67000, but ultimately misjudged and took profit prematurely. However, this 4-hour downtrend will still develop. 4. It's rare to discuss the last bull market, but comparing it reveals that the current situation is roughly equivalent to August 2021. 5. The big single direction generally only lasts about 20 days; it doesn't seem like a big single direction currently. 6. Rapid rises followed by slow declines; be cautious of the waterfall in these two days.
On the operational side: Medium to long-term: 1. For the short position $BTC , take half off at the 66000 level, and exit completely at the 64500 level. Exit completely for short position $ETH at the 2250 level. Exit completely for short position $SOL at the 147 level. The expectation for the altcoin short position is that the space won't be too large; watch the defensive strength and set the risk-reward ratio to 1:2.
Short-term: 1. Place a short order for Bitcoin at the 72999 level and add to the short at 73888. Place a short for Ethereum at 2770. Place a short for SOL at 178. The target remains unchanged.