Recently, the market has been a slow grind for the shorts. The setup on Monday had a maximum of just over 1000 points of room. Now, we're starting to see a pullback; overall, the trend is still in a bottoming phase with some consolidation. At this level, we can still ride the trend upwards. Looking at this position, it seems like we won't drop any lower next time, but it's a bit of a grind.
In terms of overall strategy, it's still about time for space as I mentioned before. In the short term, there won't be major changes due to the lack of liquidity. We can split our positions into two accounts. One for holding long-term at the bottom; as long as the cw is reasonable at this level, we shouldn't face significant losses. For the other account, we can short and take profits whenever there's room. Currently, shorting during this bottom consolidation is also quite advantageous.
Bitcoin trading suggestion: 62800 looking up to 64200 <a>#美光股价创历史新高 </a>
Been MIA for a bit, but honestly, there hasn't been much to play in this market lately. Since the breakdown at the beginning of the month, we've been stuck in a low-level consolidation phase. Plus, liquidity is pretty dry; it’s mainly just the existing players battling it out. On top of that, external news isn’t looking too hot. Most folks are feeling pretty bearish. But right now, the bottom is still a decent spot to set up for a long.
Even though there hasn’t been a major bounce, the bottom support has formed. There’s still plenty of room for a rebound; we just need to bide our time. Looking at the tech structure, last week Bitcoin did show a daily candlestick pattern rebound, but it didn’t carry through. It's under pressure again, but after a morning surge, we’re starting to see a break trend on the daily chart. Although the market sentiment is pretty grim, we're still keeping a bullish outlook.
Bitcoin trading suggestion: Long at 74000, looking for 78000 <a>...</a> #美伊首轮谈判取得积极进展
I've been itching to catch the bottom all week but didn't make any moves. Mainly because the price action has been weak, hitting a new low every day. I just couldn't bring myself to enter the market. This morning, the bulls finally showed up with a volume surge rebound. Right now, there's a clear sign of a recovery from the dip. I jumped in around 63, looking to ride this bounce; if we get some space, it shouldn’t be small.
Not much to say about the technical indicators; it’s really more about the macro information. Previously, the Fed was sucking up liquidity, and it felt like it was just some players in the market gambling. Plus, with the ongoing conflict, there’s been a lot of pressure from the news side, causing market sentiment to spiral out of control, leading to panic selling.
With the World Cup coming up, liquidity might get drained further. But thankfully, prices are low enough right now, and not much liquidity is flowing out. We should see a bounce soon, but it won't be one-sided. Typically, in these situations, the price will consolidate at the bottom for a while. We just need to be patient.
Bitcoin trading suggestion: target 63000 looking up to 65000 <a>#特朗普称伊朗袭击不影响美伊谈判 </a>
Get ready to scoop up some assets; luckily, I didn't rush in yesterday at the low. I already gave a heads-up about observing for a couple of days for clear rebound signals. This kind of market action is just a trap to get you in and then hit you hard – always giving you chances to enter at a good price. Once you dive in, you get hit; I bet the bulls have been quiet after getting battered these last few days. This round of BTC has already retraced almost 20,000 points, hovering around 63,000.
I’m increasingly convinced that a stop-loss around 70k is the way to go, just watching the market brawl unfold. At this point, we’ve reached the weekly-level bottom support. The 62-63 range is already a strong base from before. If it breaks below 60k, there’s no support below.
For now, there's no rush to jump in; avoid going long while it's still dropping. It’s still gradually hitting new lows, so let’s wait for a rebound signal before we load up. Once I signal, BTC around 62 should be tough to break through. #美国通胀持续联储鹰派美元走强
We're seeing another historic pullback after Bitcoin broke past 80k. I expected a structural adjustment for a retracement, but it just dropped straight down without looking back. We had previously positioned ourselves at 75, and we had to cut losses around 70k. However, choosing to cut losses was the right call, as the market didn't reverse; after breaking through 70k, it further dipped. Let's watch for a couple of days, as there should be some great opportunities to bottom fish. Once we get a rebound signal, that's when we'll strike again.
These past couple of days, Bitcoin has been on a downward trend with no signs of recovery, honestly, even I'm feeling the pressure. It's been dragged down hard. In this kind of market, the daily chart support is around 65. If 65 can't hold, we’ll have to look at the weekly charts for further downside.
The reason for this crash is mainly due to liquidity issues. The market has been leaking outwards. Right now, it's just some players in the market battling it out, and they're still unloading. For now, the only strategy is to wait for a bottom before making any moves.
Bitcoin trading advice: Around 65000, targets up to #美制裁伊朗交易所没收10亿美元
Yesterday, Bitcoin tried to break out above but didn't succeed, instead, it faced pressure and dipped back to the 3000 level. Right now, this position is just around the area we previously mentioned as a good spot to set up for a bullish play, near 76000. The opportunity is there for us to align with the trend, and the market has been showing some choppy action lately. Since we’re just hanging around, it’s a good time to consider some trading strategies.
From a technical standpoint, we've just completed a pullback on the 4-hour chart. The short-term trend has formed a bottom and is now starting to adjust upwards. Looking at external factors, liquidity is currently very thin. Unless we get some news to spark movement, it’s unlikely we’ll see a significant breakout anytime soon. We’re likely to continue forming a range; in a sideways market, we play it accordingly.
Looking at the market lately, liquidity is drying up. We’re currently in a weak correction phase. Last night, we saw a fake breakout, followed by another pullback. Overall, the intraday sentiment remains bearish, and the volatility is indeed low, leaving little room for trades. After getting out yesterday, I haven’t set any positions; even if I were to jump in, there’s no meat on the bone. Let's see if we can get a better entry point to get back in.
From a technical standpoint, the daily structure shows we’re adjusting at a low point. This period has mostly been dead time. There hasn’t been a volume breakout; we’re basically just bouncing around in a tight range. On the smaller timeframes, there’s really no reason to enter. The potential gain would only be a few hundred points. However, regarding the overall trend moving forward, I'm still leaning optimistic. We can look to set positions at these lower levels.
Bitcoin trading advice: Watch for levels around 76200 to target 82000#BTC .
Things have been a bit weird lately, not much action during the weekdays. Once the weekend hits, the volatility kicks in. Over the weekend, Bitcoin dipped below 75000. However, we've managed to break even on the positions we set earlier after a bounce. The recent market has been tough to trade, consistently in a bearish correction. In this kind of market, it's crucial to hold onto your bullets. When the time comes for us to cash in, we’ll be ready.
From a technical standpoint, Bitcoin has completed its daily pullback and is now on a three-day green run. This has temporarily halted the downtrend, indicating that there's strong support at the 75000 level. The MACD is currently consolidating, and the trend is gradually starting to reverse. On a smaller time frame, we've been hanging at the highs today; let's see if we can break through this evening. If we do, I'll jump in for a trade; if it pulls back, I'll look for a good entry point.
This week has been completely flat, ever since Bitcoin pulled back before the weekly open. In the following days, it's been stuck in a consolidation phase. My position at 782 hasn't budged either. However, I'm still optimistic about a rebound after this dip.
Last week, Bitcoin made a daily-level pullback. Even though the volatility has been low these past few days, we've seen two bullish candles now. We're currently just in a stabilization phase, not yet back into a strong uptrend. Today being Friday, I expect some more action, so let's see how it plays out tonight. In this market, we can only trade time for space.
Bitcoin trading suggestion: Look to go long around 77200 Target: 81000
This week, Bitcoin is showing a phase of downward trend, having dipped to around 77600 yesterday. Currently, it seems like there’s a significant break on the daily chart. Today, despite a small bounce, it has temporarily halted the downtrend. If we stretch the timeline, we’re still in an upward trend overall. Right now, we can look for a long position, just ensure to set a good stop-loss.
From a technical structure standpoint, we're currently ranging between 78000-82000, showing a high-level consolidation pattern. Analyzing the formation, after a pullback from around 81000 to near 78000, we found stability, and now there’s short-term support forming in the 78000-79000 range. With this support, we have no reason to not look upward. Stay defensive and strike hard!
Bitcoin trading suggestion: Look for a long around 78200, targeting 81000#比特币ETF净流入1.31亿美元 .
The volatility over the past few days has actually been pretty tame, just as I expected, forming a new consolidation zone above 80,000. The daytime rebound today was quite solid. However, it took a sharp dive in the evening, falling back below the opening price. Trump is in China today; not sure what he's up to. The impact on the market is still unknown for now. If we see significant volume pushing down today, it might be a good idea to jump on the north-bound train.
From a technical perspective, Bitcoin's daily chart has already printed three consecutive bearish candles. The MACD has crossed down, but there hasn’t been a significant increase in volume. Bitcoin has consistently held above 80,000. Once the retracement is over, it’s likely to break new highs. In the short term, it looks weak in the evening. It just barely broke 80,000; personally, I believe the short-term drop isn’t over. Keep an eye around the 79,000 mark.
Bitcoin trading advice: watch for a bounce at 79,000, aiming for a target of 83000#CPI超预期比特币承压 .
CPI data is about to drop, as mentioned last night. If you're holding BTC, it's time to take profits. There’s a resistance level above, so I’m waiting for a pullback during the day to find my entry. We're currently hovering around the 80500 mark I mentioned last night, but considering there's still an hour until the news hits, I'm not rushing in; it's better to play it safe and see where the trend goes. There might be a better entry point. Today's price action is looking weak, and the bulls haven't shown much strength in volume.
From a technical structure perspective, BTC has broken the four smaller moving averages. For now, it seems the pullback isn’t finished yet. With the upcoming news, we're likely to see some volume come in, and the market will heat up. BTC has been holding at a high level, but the altcoins are still struggling. I might consider a strategy on altcoins to see if there's a chance for a rally.
Last week I mentioned that Bitcoin would drop to 80k again, and we positioned ourselves at the highs. After breaking 80k, I reminded everyone to flip and look for a long setup. This move has been a double dip, capturing almost 4000 points. Those who got in are already enjoying the gains, and today is a crucial juncture. The upcoming CPI data could steer the market direction. If we continue to push higher, we might see a second surge up to around 85k. In the short term, those who were previously long have already exited. There's a risk of a pullback, so we’ll wait for an opportunity to re-enter below and ride the wave again.
From a technical standpoint, Bitcoin is currently at pressure levels on both the hourly and 4-hour charts. I’m not optimistic about breaking out just yet; the hourly MACD is showing signs of contraction, so we should expect a small range bound around the 80k level. For now, we’ll sit on the sidelines with no position in the south, waiting patiently. When news hits, we can play it safe, and on a dip, we’ll look to see if we can target around 80,500.
Bitcoin trading advice: Look for a long at 80,500 with a target of 83,000; if it breaks, aim for 85,000. #伊朗拒绝美国和平方案
As expected, Bitcoin has been in a weak pullback all night. The price has now dipped below 80k, and the four-hour pullback has been reached, with about 2000 points of southward movement available. We're not going to break the structure any further; let's stick to our thoughts from the last few days. After this pullback, we expect to continue moving upwards.
From a technical standpoint, looking at the four-hour Bollinger Bands, we can see that the pullback has occurred. After hitting the lower band, it found support. Although the MACD is currently gaining momentum, we anticipate that this strength will gradually weaken. Right now, we are at a minor low point, so it's a good time to hop on board.
Bitcoin trading suggestion: Buy around 79600 and target 83000 #特朗普称美伊很有可能达成协议
The price has come back around, and the morning dip actually played out pretty well. It's been on a slow decline without much volume. However, after hitting the four-hour moving average, we saw a bounce, and now we're back around our entry price. Until the market breaks out, we just have to wait. #美国4月ADP就业超预期
Morning update: we're currently moving in the direction we predicted, and breaking the 80k mark looks promising. This might be the last pullback, and we will continue to act as the main force of the bulls. Right now, if Bitcoin shows a four-hour pullback, we should consider taking profits and possibly flipping our position. The overall trend remains bullish, with resistance targets up around 86k; we can look to capitalize on a pullback then.
For those following me, you know that back in early March, around 65k, I was calling for a rally all the way up past 80k. I've consistently advised focusing on the bullish trend, and those who jumped in have likely seen some gains, whether you're in it for the long haul or just trading short.
Let's aim to catch the main wave as it takes off; we're really just in the early stages of this market. There's still a lot of room to grow, and it seems like the first wave has just begun. Brothers looking to position themselves should act fast during this recent window. Once it takes off, there may be no opportunities left to get on board.
Bitcoin trading suggestion: consider shorting around 81,500.
Today is another day of strong momentum, I hopped on around the halfway mark this morning. Luckily, the stop-loss at 83 didn't trigger, and the price has returned close to our entry point. I'm still bearish for a bit, eyeing the next target at 80k. After this pullback, we'll focus on heading north with full intent!
Currently, the price has seen a slight retracement, and the lack of continuation is a good signal for us. Both the hourly and four-hour charts are showing diminishing volume. While the U.S. stock market is continuing to rise, Bitcoin hasn't really kept pace, but any retracement in Bitcoin should be hard to stop. At that point, we’ll look for a spot to take some profits.
Long time no see! Finally back from the holiday. During the May Day break, Bitcoin broke through resistance and surged to 80k, currently stabilizing around 81k. I mentioned this last week, and we're still looking bullish overall. The current setup perfectly aligns with that outlook. Moving forward, after breaking above 80k, we might consider taking a short position. For today, we can jump in directly.
From a technical structure standpoint, the MACD on the four-hour chart shows weakening bullish momentum. Recent volume spikes have been rapid, and since we're looking to short during a downtrend, risk management is crucial. On the daily chart, we've already seen a golden cross and a breakout. The overall trend remains bullish, but let's see if we can catch a retracement. So, no need to overthink this short trade!
Bitcoin trading suggestion: 81400 for shorting down to 79200 #比特币突破$80K
In the past few days, Bitcoin has made a slight pullback, but the trend has emerged. A pullback is a chance to get in, and every pullback is an opportunity to hop on. As long as the price stays above the 75-day moving average, the short-term outlook remains bullish. Although it's been grinding slowly these past days, the 80k level is definitely something we aim to test.
On the daily chart, we've seen consecutive solid bullish candles, with the price steadily climbing, and the moving averages showing a classic bullish alignment. The 5-day MA has crossed above the 10-day and 30-day MAs, providing solid trend support. On the 4-hour chart, the candlesticks are running along the upper Bollinger Band with the channel expanding, and the MACD's fast and slow lines have formed a second golden cross above the zero line, with bullish momentum bars extending, indicating that the upward momentum is still strong. On the hourly level, every pullback has quickly been recovered.
Bitcoin trading advice: Look to go long around 76400. Target: 78500#BTC
Last night, Bitcoin hit its peak price, although it didn't break the 80k barrier. Overall, there's still a strong momentum. Currently, we've seen a slight pullback today, but the strength isn't enough, so there are still opportunities to position long. Those who got in know the game—it's been a steady bullish run for over a month now, and we're all just raking in profits, whether it's long or short. Today's volatility is low with not much volume, so it's a good idea to find your entry points early.
From a technical standpoint, if the weekly chart can hold steady at the top, it sets up a really solid formation. Slow and steady climbing is still a great strategy. The support at 77200 has turned into a critical short-term level; as long as we don't break that, the bullish structure remains intact. The primary resistance to watch is the previous support level at 78800, and if we can break through that, we might test the 79500-80000 range.
Bitcoin trading suggestion: Look to position long around 77300 with a target of 80k, referring to #加密市场反弹 .