一哥交易经

$BTC
The non-farm payroll data unexpectedly cooled down, and the US dollar rebounded strongly. The US stock market presents a guillotine market again at high levels.

After a big drop rebounded around 66, a small scale has started to increase in volume to stop the decline. The rebound broke above 673, showing weak intraday fluctuation upwards.
The rebound is above 673, starting a small-scale bullish fluctuation upwards, followed by attention on whether it can break and stabilize around 685, then observe the 4H level rebound.

A rebound is not a reversal, so for long positions during the rebound phase, try to take profits quickly and avoid being overly strategical.
The daily level could not stabilize and break above 72, still treating it with a high short perspective.
Upper pressure: 68500/69995/71500

$BTC
The market is continuously oscillating downwards. A potential support area is around 660-670.
After breaking the previous low at a small scale, it quickly drops downwards.
There is a slight stop-loss signal, but the volume increase is not obvious. The support needs to be verified.
The short selling risk-reward ratio is small; after a rebound, look for a high short position against the pressure.

As for going long, there are two potential high-reward positions for large-scale longs at 660 and 630.
The premise is to consider after an obvious volume increase and stop-loss. This is a potential reversal double bottom from the 4H to daily level. The price behavior at these two positions is particularly important.
Upper pressure: 68500/69995/71500
Lower support: 66136/64700/63660

The S&P 500 continues to rebound upward. Bitcoin briefly follows but starts to fall quickly after hours.
Capital diversion is obvious, the crypto sector is wounded again.
$BTC
The rebound stagnation is obvious, continuing to fall throughout the day. Coupled with high-level fluctuations in the U.S. stock market, it is highly likely that the decline will continue to crush crypto.
Therefore, avoid bottom fishing with counter-trend long positions. Just maintain the rhythm of high shorting during rebounds.

Upper pressure: 71500/72800/75235
Lower support: 67470/64666/62900

$ETH
The rebound tests the 2150 pressure, quickly following the market decline. A high-level consolidation structure is formed.
Current position range lower bound, shorting is not recommended, profit and loss ratio is too small. Counter-trend long positions can only be taken with small amounts and quickly take profits.

In the new week, futures opened with a slight gap up. After the rebound over the weekend, stagnation is evident. The intraday pullback has begun.
After a rebound and pullback around 72, there was pressure, and the bullish momentum did not continue. After all, the strength of the entire rebound came more from short covering.
The rebound due to reduced volume is naturally unsustainable.
$BTC
The adjustment after the V-shaped recovery has arrived as expected. The new week is likely to maintain a complicated adjustment. The difficulty of intraday short-term trading will also sharply increase.
It's recommended to watch more and move less; just focus on the parts you understand.

U.S. stocks opened slightly lower before the market, with expectations of a pullback. Overall, cryptocurrencies continue to move in tandem with the decline of U.S. stocks.

In the past week, the financial markets have experienced violent fluctuations. Whether it's the panic on the emotional front, leading funds to quickly return to safe-haven assets like the US dollar, US stocks, and gold.
The risk assets in the crypto sector have experienced a massive turnover while being struck down.
Retail leverage has been cleared at high levels, and liquidation institutions are rapidly descending. Led by Yi Lihua, the ETH bulls are beginning to quickly repay debts to avoid liquidation. As of now, more than two-thirds of the position reduction has been completed.
The brutal market does not change according to human will; more importantly, suitable position management and systematic risk control are essential.

$BTC

The weekly level touches on the POC of the last bull market continuation structure. This means that those who missed the previous opportunity have been hiding around the 67,000-62,000 range.

BTC

The daily level is accelerating down to the 60k integer level. In the absence of liquidity from counterparties in the contract market, a huge amount of spot liquidation and transactions have been completed.

The time to bottom out has not yet arrived; there will still be complex adjustments in the future, and there is still room for further declines.

Recently, only spot buying in batches is recommended.

There is a small-level oversold rebound during the day, as a cover for short positions; it is not recommended to chase such rebounds for long positions.

Just maintain the mindset of short positions.

Resistance above: 67500/69750/71500

Support below: 62000/57880/53222

ETH

The decline at the 4H level is slightly smaller than that of Bitcoin.

The entire network is focused on Yi Lihua's liquidation. In the end, I chose to reduce holdings to avoid liquidation.

$btc
Geopolitical risks are intensifying. Accelerating liquidity tightening and a return to precious metals.
Cryptocurrency and U.S. stocks continue to experience a bearish decline.

Bears continue to expand. After a symbolic struggle from the bulls, they continue to give up resistance.
The current position has broken below the 70,000 integer level and continues to decline.
No suggestion to go long on the left side. Just consider taking spot.

Resistance above: 71860/73850/75658
Support below: 68378/67237/65330

$eth
ETH's intraday decline and bear volume are less than Bitcoin.
However, while Bitcoin is expanding, it is necessary to pay attention to the subsequent non-decline.
Therefore, there is no suggestion to go long. Just maintain a high short position after the rebound.

Yesterday, U.S. stocks experienced a flash crash during trading, geopolitical risks continue to escalate, compounded by concentrated earnings reports, causing a collapse in tech stocks weighted in the Nasdaq.
The big pie continues to increase in volume and crash.
Until just before the close, confirm that the aforementioned bill is used to end the standoff. Then, it quickly rebounds with increased volume.
Currently, the market is in an extremely fragile state, and any news can bring significant volatility.
It is recommended that everyone watch more and act less, arranging some spot positions to at least sleep soundly.

$BTC
The big pie quickly fell around 73 and then rebounded, with narrow fluctuations downward during the day. However, the selling pressure is not large, and there has been no significant volume drop again.
Structurally, it still remains a bearish structure with lower highs and lower lows. The trading strategy remains to sell high against pressure.