This position is really not good for opening a position. If we look at it according to the original expectations, we would have to knock out more than 90,000 orders' liquidity before considering bottom fishing. However, at the moment, this position is neither up nor down, so we can only say to wait. Either we knock out liquidity downwards to bottom fish, or this position is the bottom where we start to rise, and then we look for opportunities to go long. It's also impossible to short at this position anymore. #BTC☀
Main liquidation areas for the weekend: below 93645-93175, near 95000 above, however, Bitcoin has also formed multiple false breakouts at the 930 support, #BTC☀
XRP four-hour breakout of the consolidation triangle pattern, you can wait for a pullback around 2.42, if it holds, you can enter for a short position #xrp
Yesterday's analysis mentioned that the first short-term bullish position is 930, so last night it also spiked to 925 and then rebounded over two thousand dollars. Those who entered the market could have benefited, but for those who haven't entered, it isn't suitable to do so now. This is only suitable for the first time #BTC☀ .
mystry-蛋先生
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1-8 Bitcoin Analysis: Double Top Plunge! Is Wave A Down, Wave B Rebound, and Wave C Down? During this wave of increase, Dan has maintained a skeptical attitude. In previous analyses, it was mentioned that although Bitcoin's price has risen, the volume did not match. Once it breaks through 100,000 USD and reaches 102,500, Dan is very willing to place a short order on the left side. After forming a double top yesterday, the market began to plunge.
Returning to the short term: Since the double top was formed, Bitcoin has been plunging and has directly broken through the important support of the previous head-and-shoulders bottom pattern + the rising trend line with a large bearish candle, without any rebound. Many times, when people see such a sell-off, they think of bottom fishing, but ultimately they end up getting trapped. Currently, looking at the overall market, Bitcoin is very likely to follow a downward channel trend, experiencing narrow fluctuations. The final target may be to remove the liquidity below 91,000. If there is a subsequent rebound, Dan's first bullish position will be the support near 930. Whether there will be a rebound at the moment is indeterminate. Of course! Dan is still very willing to see a rebound because whether in the square or among specially cared-for brothers, Dan has already indicated taking profits, securing a profit of 6,500 USD. Therefore, if there is a rebound touching the price range of 980-985, Dan will attempt to make a second short position. Whether it will touch that price again is currently indeterminate. In this kind of market that traps longs, the basic trend is a fluctuating decline. The operator cannot say that a rebound will allow the longs to escape their positions before continuing to plunge.
I can't believe it, I was supposed to be looking for a rebound at 930, but I forgot to place the order after drinking. Now I don't recognize that it's over a thousand dollars, with a breakeven stop loss, I can't lose no matter what #BTC☀
mystry-蛋先生
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1-8 Bitcoin Analysis: Double Top Plunge! Is Wave A Down, Wave B Rebound, and Wave C Down? During this wave of increase, Dan has maintained a skeptical attitude. In previous analyses, it was mentioned that although Bitcoin's price has risen, the volume did not match. Once it breaks through 100,000 USD and reaches 102,500, Dan is very willing to place a short order on the left side. After forming a double top yesterday, the market began to plunge.
Returning to the short term: Since the double top was formed, Bitcoin has been plunging and has directly broken through the important support of the previous head-and-shoulders bottom pattern + the rising trend line with a large bearish candle, without any rebound. Many times, when people see such a sell-off, they think of bottom fishing, but ultimately they end up getting trapped. Currently, looking at the overall market, Bitcoin is very likely to follow a downward channel trend, experiencing narrow fluctuations. The final target may be to remove the liquidity below 91,000. If there is a subsequent rebound, Dan's first bullish position will be the support near 930. Whether there will be a rebound at the moment is indeterminate. Of course! Dan is still very willing to see a rebound because whether in the square or among specially cared-for brothers, Dan has already indicated taking profits, securing a profit of 6,500 USD. Therefore, if there is a rebound touching the price range of 980-985, Dan will attempt to make a second short position. Whether it will touch that price again is currently indeterminate. In this kind of market that traps longs, the basic trend is a fluctuating decline. The operator cannot say that a rebound will allow the longs to escape their positions before continuing to plunge.
Do you remember what Dan said about the Ether exchange rate? If it doesn't stabilize at 0.037 for a day, it can't be considered strong. Yesterday it just touched that point and started to drop 😂#BTC☀
1-8 Ethereum Analysis: In previous analyses, Dan mentioned that 3720 is a resistance level and coincides with the Fibonacci 0.618. Moreover, the price-volume structure is similar to Bitcoin, showing a rise without volume. Therefore, once it faces resistance, it becomes a potential shorting point. However, Dan did not place left-side orders that day, nor did he chase shorts on the right side, as he got distracted with drinking. But the brothers in the square should have been able to capitalize on this wave. From the market perspective, when Ethereum broke down with volume below the support level of 3555 and approached the support level of 3300, the prices above 3555 formed a trapped position. Since a trapped position has formed, the market makers will definitely force the longs above to liquidate. Whenever the liquidation happens, this wave of decline will come to an end. From the 2H level perspective, the liquidity at 3300 has been touched multiple times but removed, so it is very likely to be taken out now. Therefore, given the current market, it is very likely that Ethereum will touch the 3300 support and then rebound before further dropping to 3000. This position is also where Dan has been thinking about entering the market with full inventory for spot positions, #ETH .
1-8 Bitcoin Analysis: Double Top Plunge! Is Wave A Down, Wave B Rebound, and Wave C Down? During this wave of increase, Dan has maintained a skeptical attitude. In previous analyses, it was mentioned that although Bitcoin's price has risen, the volume did not match. Once it breaks through 100,000 USD and reaches 102,500, Dan is very willing to place a short order on the left side. After forming a double top yesterday, the market began to plunge.
Returning to the short term: Since the double top was formed, Bitcoin has been plunging and has directly broken through the important support of the previous head-and-shoulders bottom pattern + the rising trend line with a large bearish candle, without any rebound. Many times, when people see such a sell-off, they think of bottom fishing, but ultimately they end up getting trapped. Currently, looking at the overall market, Bitcoin is very likely to follow a downward channel trend, experiencing narrow fluctuations. The final target may be to remove the liquidity below 91,000. If there is a subsequent rebound, Dan's first bullish position will be the support near 930. Whether there will be a rebound at the moment is indeterminate. Of course! Dan is still very willing to see a rebound because whether in the square or among specially cared-for brothers, Dan has already indicated taking profits, securing a profit of 6,500 USD. Therefore, if there is a rebound touching the price range of 980-985, Dan will attempt to make a second short position. Whether it will touch that price again is currently indeterminate. In this kind of market that traps longs, the basic trend is a fluctuating decline. The operator cannot say that a rebound will allow the longs to escape their positions before continuing to plunge.
The brothers under special care have perfectly taken 6500 dollars and left the scene. Those who entered based on the analysis in the square can decide for themselves whether to leave or not, ha #BTC☀
Currently, Bitcoin has broken below the four-hour level support + four-hour rising trend line, so for friends without short positions, being blocked around 995 is an opportunity to enter the market, the second short point position is #BTC☀
Normalmente não vejo o fórum, só vou lá quando há uma grande alta ou uma grande queda, mas não importa quando, sempre tem alguém reclamando, reclamam quando sobe, reclamam quando cai, não é tudo culpa própria? Não tenho uma estratégia de negociação, não coloco stop loss, só aguento a posição, se estiver na direção errada, só fico xingando "fraude" #BTC☀
A análise está muito correta. Atualmente, a primeira meta dos irmãos foi alcançada 102.500 e todos os pedidos curtos ganharam #BTC☀ .
mystry-蛋先生
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Very comfortable, yesterday's analysis said that 102500-103000 could be placed as a left-side order to get on the bus, brothers who followed can all benefit, #BTC☀
Ethereum's analysis from yesterday, if you watched, after being blocked at 3720 and directly shorting on the right side, then now you are in profit, and you can take a breakeven stop loss. The first target can be seen at the support level of 3555. If a big bearish candlestick breaks through, just hold on. Of course, if you don't understand, then move the stop loss down little by little. Even if it rebounds, there is still profit to be made.
mystry-蛋先生
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1-6 Ethereum Analysis: On Friday, the analysis of Ethereum mentioned that Ethereum should either pull back near 3400 to go long or break through 3555 directly to chase. By noon, it also reached around 3700. The spot trading method mentioned earlier by Dan was to open a position at 3200 only for the head position and directly increase the position at 3555. Although there is currently a profit in hand, it is still necessary to respect the next potential resistance. From the perspective of Fibonacci's 0.618, the current resistance is at the price of 3720. In a situation of rising without volume, Dan is still relatively cautious. If rejected at 0.618, it will signal a bearish trend. Even if Dan does not short, attention must be paid to whether the support at 3555 will hold. Returning to the four-hour chart to view Ethereum, Ethereum is currently in a channel pattern. From the K-line perspective, 3720 is the previous high position for Ethereum in four hours, just corresponding to Fibonacci's 0.618. However, Ethereum is currently in a rising trend without volume, so if Dan wants to place a short order on the left side, it must be at the price of 3830, which corresponds exactly to the neckline position of the top pattern on the left + the top of the four-hour channel. Here, Dan must definitely place a left-sided order. 3720 is just an idea of being blocked on the right side. #ETH
The analysis for today will not be discussed, but you can still refer to yesterday's analysis. This is because, in my expectation, if Bitcoin is blocked and falls within the range of 102500-103000, it is likely to form a wave A decline, a wave B rebound, and a wave C pullback. This is also why I am willing to open a short position on the left side in this range. #BTC☀
Unfortunately, the resistance at 3720 has encountered a short signal that can be directly shorted, but I went out drinking last night and only remember placing a short order for 102500 Bitcoin with my brothers at #ETH
mystry-蛋先生
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1-6 Ethereum Analysis: On Friday, the analysis of Ethereum mentioned that Ethereum should either pull back near 3400 to go long or break through 3555 directly to chase. By noon, it also reached around 3700. The spot trading method mentioned earlier by Dan was to open a position at 3200 only for the head position and directly increase the position at 3555. Although there is currently a profit in hand, it is still necessary to respect the next potential resistance. From the perspective of Fibonacci's 0.618, the current resistance is at the price of 3720. In a situation of rising without volume, Dan is still relatively cautious. If rejected at 0.618, it will signal a bearish trend. Even if Dan does not short, attention must be paid to whether the support at 3555 will hold. Returning to the four-hour chart to view Ethereum, Ethereum is currently in a channel pattern. From the K-line perspective, 3720 is the previous high position for Ethereum in four hours, just corresponding to Fibonacci's 0.618. However, Ethereum is currently in a rising trend without volume, so if Dan wants to place a short order on the left side, it must be at the price of 3830, which corresponds exactly to the neckline position of the top pattern on the left + the top of the four-hour channel. Here, Dan must definitely place a left-sided order. 3720 is just an idea of being blocked on the right side. #ETH
Very comfortable, yesterday's analysis said that 102500-103000 could be placed as a left-side order to get on the bus, brothers who followed can all benefit, #BTC☀
mystry-蛋先生
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1-6 Bitcoin Analysis: Last Friday, Dan mentioned that once Bitcoin forms a head and shoulders bottom pattern, it will start to rise. However, from the daily chart perspective, the entire upward process is currently not accompanied by an increase in trading volume; prices have risen, but the volume has not. Therefore, Bitcoin is now close to the $100,000 mark, and if it breaks through $100,000 without volume, it could potentially signal a bearish trend. Returning to the short-term perspective: from the candlestick analysis of Bitcoin, the left side of the 2-hour chart shows that the largest resistance range is between 102,500 and 103,000. When combined with the Fibonacci level of 0.618, this resistance also represents a potential Fibonacci retracement zone. If there is an opportunity to reach this area, Dan is still willing to attempt to short Bitcoin, which reflects Dan's more contrarian approach.
Using Fibonacci 0.618 combined with candlestick charts, it really works well #ETH
mystry-蛋先生
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1-6 Ethereum Analysis: On Friday, the analysis of Ethereum mentioned that Ethereum should either pull back near 3400 to go long or break through 3555 directly to chase. By noon, it also reached around 3700. The spot trading method mentioned earlier by Dan was to open a position at 3200 only for the head position and directly increase the position at 3555. Although there is currently a profit in hand, it is still necessary to respect the next potential resistance. From the perspective of Fibonacci's 0.618, the current resistance is at the price of 3720. In a situation of rising without volume, Dan is still relatively cautious. If rejected at 0.618, it will signal a bearish trend. Even if Dan does not short, attention must be paid to whether the support at 3555 will hold. Returning to the four-hour chart to view Ethereum, Ethereum is currently in a channel pattern. From the K-line perspective, 3720 is the previous high position for Ethereum in four hours, just corresponding to Fibonacci's 0.618. However, Ethereum is currently in a rising trend without volume, so if Dan wants to place a short order on the left side, it must be at the price of 3830, which corresponds exactly to the neckline position of the top pattern on the left + the top of the four-hour channel. Here, Dan must definitely place a left-sided order. 3720 is just an idea of being blocked on the right side. #ETH