加密唐哥

The current Bitcoin market is in the best range of the Fibonacci retracement 0.5-0.618 from the previous upward trend, making it more reasonable to go long.

The current price of Bitcoin is long, with a defense at 85000 and a target of 88000.

After a sharp drop, Ethereum has not made an effective adjustment, falling all the way to above the downtrend line of the entire market, indicating a short-term demand for an increase.

The current price of Ethereum is long, with a defense at 2780 and a target of 2900.

The analysis I wrote for you this morning is correct, it has dropped nearly 2500 points from 11.30 until now. The second chart is my own position.

Bitcoin Real-Time Analysis

Bitcoin has fallen from a high of 126000 to 101500, a decline of nearly 25000 points, and then rebounded to the Fibonacci 0.5-0.618 range (around 115500), which is a healthy consolidation repair that continues the bearish trend.

I entered a Bitcoin short position at 115500 and also provided a signal, with the stop loss set at 117500. The market dropped to around 110000, gaining nearly 5000 points of space.

Back to the analysis, we are still in a bearish structure. We view 109600 as the peak for the decline and the neckline of this entire bearish structure. The market is currently operating below the neckline, and we can plan bearish positions around this line, with a stop loss at the round number of 110000.

Do not go against the structure, do not participate in long positions! The decline is not yet over!

Bitcoin 8.29 Real-Time Analysis

At this stage, it has returned to the key support and resistance level of 110000 US dollars. Further observation is needed as a market change is imminent; everyone should pay attention to the risks.

Trading Thoughts

Do not act lightly; holding a cash position is a wise choice.

If my viewpoint changes, I will issue a notice for reference only and not as investment advice.

Stay away from people who disturb your sense of direction. When you say too much, he makes you feel empty; when you say empty, he says too much is right because he is affecting your trading system.

Bitcoin 8.28 Real-time Analysis

The trend of Bitcoin is still primarily bearish for the time being, with signs of reversal on a smaller scale, as lows are continuously being raised, and the market is stabilizing above resistance levels.

However, from a larger perspective, the rebound is very weak, and bulls are lacking strength. The market is operating between Group A and Group B lines of the Vegas Tunnel, without providing a substantial confirmation signal for a trend reversal. More observation and waiting are needed.

Trading Strategy
Remains unchanged, focusing on short positions.

If my viewpoint changes, I will issue a notification. This is for reference only and should not be considered as investment advice.

Currently, ENA has strong support around 0.5 below and strong resistance at 1.1 and the previous high above.

Regarding this round of U.S. stablecoin legislation, I personally think there is still room for this coin. As for whether it can reach a new high, it's hard to say.

Additionally, a bearish engulfing pattern has formed on the 2-day chart, indicating a risk of downward movement.

Bitcoin 8.27 Real-time Analysis

Bitcoin broke through 111,000 USD this morning to entice buyers, then fell back, which is a false breakout. I mentioned yesterday that the trading strategy is to short at highs; you can just follow the example.

Currently, we are in an adjustment phase. Personally, I believe this is a continuation downtrend. Considering both the larger and smaller timeframes, the structure is bearish. Structure is paramount, and mindset is key.

Trading Strategy
Remains unchanged: short at highs.

If my viewpoint changes, I will post a notification. This is for reference only and should not be considered investment advice.

The first principle of risk is management, not avoidance.

Bitcoin On-chain Indicator Update

The current color of this indicator has lightened

This may indicate that large holders (or a large number of retail investors) are entering an excessive selling phase.

Real-time analysis of Bitcoin

Yesterday, Bitcoin dropped from a high of 114000 to around 110000 USD, which aligns with my expectations.

I personally believe it will continue to decline to extend this bearish trend, why?

From a smaller timeframe perspective, the vegas tunnel double line has broken down and formed a death cross, and market sentiment is relatively pessimistic. There is significant liquidity at the lower level of 108000 USD, and it currently appears highly likely to reach 108000 USD.

The important support in the larger cycle is at 111000 USD, and it has now formed a support-resistance swap, so the current resistance is at this position.

Trading thoughts
The main trend is bearish, short on rallies.

If my view changes, I will post a reminder, for reference only, not as an investment basis.

Ethereum is gaining strength! It has once again broken through the weekly downtrend line! What should we do?

From the 1-hour level, it has been in an upward trend. If it stabilizes at this position without breaking down, it will consolidate sideways and form an upward continuation, allowing us to look for new highs.

If it breaks down, we will make other plans.

The expectation for Bitcoin was a direct drop, but unexpectedly, there was a rebound. This rebound has not yet ended, with expectations around 119,000.

How to operate? Consider a high short strategy, paying attention to the 0.618 line, which is difficult to break effectively.

It is recommended to place a stable short at 194,000.

The movement of Bitcoin aligns with the prediction.

Bitcoin market share, daily level, bearish wedge structure!

SOL, 1-hour level, if it breaks through, it will soar to the sky; if it falls below, it will plummet to the ground.

Novices are eager to try, while veterans have been worn down by time.

Trading brings joy and sorrow, truly a myriad of flavors, with various emotions accompanying every transaction. For most, the joy of trading is fleeting, and more often, it is spent in fear.

No one can bring you down unless you willingly let yourself fall.

Bitcoin broke through $91,500. If it continues its bullish trend effectively this week and rises above $95,000,

it is highly likely that next Tuesday it will complete the Shark 1.13 pattern and rise to $102,000, with important support at $85,500 remaining unchanged.

Bitcoin's daily line has pulled back above 86300, and it is very likely to form the Shark 1.13 pattern. Important resistance at 91500, important support at 85500.

The cryptocurrency market is not a casino. Blindly following trends and making random moves will only lead you deeper into trouble. Real investment requires professional knowledge, a calm mindset, and long-term planning.

If you are also confused in the market or want to find a more stable investment method, you can pay more attention to Tang Ge.