7w calls it like it is, no pauses or bounces, just an endless downtrend. The bottom is invisible, and the bulls' faith is crumbling. Looks like we’re gearing up for a nosedive to around 64000. $BTC $ETH
The big coin in May had me in tears, I was overly bullish on the upward movement, holding a long-term mindset. Even though I caught a bit of the short-term gains, I ultimately couldn't exit successfully. With $30k down to $14k, I'm planning to gradually compound my short-term positions.
First compounding on the big coin: opened a long at 71247, let's see if there's a recovery bounce during the day. $BTC $ETH
Bulls have played me like a fiddle a thousand times, yet I treat the bulls like my first love. I truly haven't considered going short without a solid break below 75000. $BTC $ETH
Given how much it dropped before, the fact that it can rally at this weekend's time frame means it's time to go long on a short-term play. All the hourly support levels are around 2100, and they might actually hold some support. Stop-loss at 2098$BTC $ETH .
Looking at this week, I can already sense that this trade is off. It's not about being bullish or bearish; it's more like "misreading the market." For mainstream coins, we're currently in a consolidation phase with no breakout in sight. The range is tight, and without any emotional buying, the whole market feels pretty dead.
In the short term, prices are still in an upward channel, and I’m sticking to my initial target of 79200. I’ll monitor the strength of the moves before deciding whether to close or hold my long position. $BTC $ETH
I'm maxed out on my positions and honestly don't see the need to make any moves right now. There's strong support at 75000, and if we break below that, holding onto long positions would be pointless. I might as well focus my liquidation around that level.
During trading, there’s pressure around the 78000-78500 zone, but the 1h and 4h charts have formed a solid upward channel. So, breaking through here is just a matter of time, and it shouldn't take too long—maybe we'll see it today. I'm keeping an eye on 79200 for now. $BTC $ETH
From the 1-hour chart perspective, after some back-and-forth action earlier in the night, the market managed to rebound and hold above 77000. The current structure on the 1-hour chart is strong enough to suggest that further upward movement is likely. Additionally, the 4-hour chart is reflecting the continuation from the 1-hour, with price now reaching the upper channel. As previously mentioned, the 77800-78300 zone is likely facing some resistance, but both the 1-hour and 4-hour formations are signaling long positions. We can expect a transition between highs and lows, where resistance turns into support, potentially heading back towards the 80000 mark. In summary, looking towards 79200 for the latter part of the night, with a target above 80000 thereafter. $BTC $ETH
After a few days of testing the waters, 76000 held strong, and the short-term structure is looking solid. The bulls are gearing up tonight, aiming for 79200. $BTC $ETH
Not eating well and struggling to sleep, that's the current state of many traders. The hourly chart has bounced back above the channel, and if we can hit 77800 and hold that level, things will start looking up. $BTC $ETH
This candlestick action is relentless, like the rain outside. I opened my computer, glanced at the chart, and immediately hit shutdown; it’s hard to say I’m not frustrated, haha. Today is Monday, and with the weekly candlestick switch, let’s see if the 75800 mid-range can provide the support I’m hoping for. This long position better hold; I’m just waiting for the skies to clear! $BTC $ETH
If you've got a long position on $BTC $ETH , no need to rush or get anxious. From a daily chart perspective, the trend looks healthy. If the upswing isn’t driven by significant bullish news pushing the price up, a short-term pullback is reasonable.
The 3-day and weekly candles have a common support zone around 75000. This area reflects a divergence effect between bulls and bears, so for those who aren't sure what to do, consider entering in staggered batches.
ETH isn't performing as well as BTC; it's got me feeling drained, really weak, so I cut my position down by a third. But that doesn’t mean I’m flipping to short; based on the 3-day line and weekly candles, I'm still bullish. $BTC $ETH
There's definitely a bounce happening, and I just added 70 more ETH. It's crucial that this 15-minute candlestick holds up; if we can stay above 2280 before the evening session, I'm optimistic I can hit my target. There's definitely a bounce happening, and I just added 70 more ETH. It's crucial that this 15-minute candlestick holds up; if we can stay above 2280 before the evening session, I'm optimistic I can hit my target. $BTC $ETH
Still woke up to alarms, can't move the stop loss at Ethereum 2221. If we can hold through the day and see a rebound, I’ll consider adding to my position tonight. $BTC $ETH
Adding a long position for eth2308. The short-term price has broken above the bearish channel with a strong bullish candle, and 2230 serves as a very effective support level around the 3-day moving average midline. Following this momentum, as long as we don’t dip below 2230, next week’s weekly K-line is highly likely to stay above the midline, making it a bright outlook for those looking to long around the 2300 mark. $BTC $ETH
Hold tight, we're gearing up for the major bull run of this phase. This is likely the final wave of the cycle, and it's expected to push higher. Speaking of ETH, the 2200 level has been firmly defended and hasn't broken down, so the last wave will probably see ETH leading the altcoins to take off. For those who love altcoins, keep an eye on DOGE and PEPE, and pay attention to the exchange rate adjustments. $BTC $ETH
This market is indeed not very friendly to single-sided players; the washout has been too strong. In the last round, I reduced 2/3 of my position when it touched 70,000. This round, it dropped to 63,000 but I didn't decisively add a bit. A slight hesitation caused me to miss the opportunity. Currently, I have little remaining position in my long orders. I'll consider whether to stay or leave when it goes above 70,000. $BTC $ETH