Short BTC115000-116000, target 108000, stop loss 118000
Reason for shorting: 1. Interest rate cuts are about to be realized; when positive news is realized, it often leads to negative outcomes, and it is highly likely to drop.
2. At the end of the month is Thanksgiving; during holidays, the market typically falls, along with the negative implications of the Japanese interest rate decision on 10.30.
3. Technical false breakout at 116000, standard bearish pattern; be aware of the formation of a secondary peak, breaking below the neckline, the bears will start to gain strength.
4. The time for the bottom formation is relatively short; any upward movement with low volume is likely a trap, and it will drop again #内容挖矿升级 .
The big event is coming! After BTC fails to break 116,000 three times, a major drop is inevitable!
1 BTC attempted to reach a peak of 116,000 for the second time without breaking it, and will test the bottom near 105,000 again; it has now entered a downtrend;
2 After dropping to around 105,000, it will rebound again to around 115,000, forming the third peak at 116,000;
3 If it fails to break 116,000 three times, there will be a significant drop below 100,000, testing the bottom near 90,000;
4 100,000 is likely not the bottom, and it may very well drop to around 90,000.
Update on Btc thoughts: Firstly, the daily level has basically peaked, and the probability of breaking through the 78.3k high point again is very low, as the daily high price touched the EMA moving average resistance position and was subsequently pushed down. Last night, the weekly and daily candles closed, with the daily candle showing two consecutive bearish candles, and the previous bullish candle's gains have basically all been reversed. Then, the weekly candle formed a long upper shadow, which is sufficient to prove that the peak signal has been established.
In the short term, although the price is still in an upward channel, after a rebound, the next wave of decline will definitely break directly, or it may drop directly downwards. Therefore, the movements in the small time frames are relatively clear; as long as there is a rebound, one can enter a short position. The expected level is around 76.5k, and if it rebounds to this position, one can directly enter a heavy short position. The target should be at least around 70.5k, or even lower.
After more than two months of fluctuations, a trend is about to emerge. This is a bear market, so the trend is downward. I have a vague feeling that we are nearing the top in the next couple of days. Altcoins are flying around, BTC is facing resistance, and crude oil is starting to rebound, which is not good for crypto. Preparing for a new round of widespread short positions. #Kalshi与内华达州的监管权争议 $BTC
This rebound is far from over, and this time the rebound will definitely exceed the peak of 75900 in March by several thousand points. The pullback is not strong, and there is a demand for further rebounds in the future. Next, we will target the pressure around 77000, which is the monthly EMA30.
Something is off, the Air Force is temporarily avoiding its edge, the big pancake Ether is pulling up, and the altcoins on the BSC chain are also reviving, with meme coins flying around.
After BTC breaks 75500, the resistance points are 76800 and 77700. These are the take-profit points for short positions in the last couple of days. When there is no pullback, find a way to structure your position, start with a small amount, and when the floating profit expands, add to your position, and block the defense near the latest cost price to prevent a sudden drop into a floating loss, then see how much floating profit can be made.
Ethereum, the recent resistance from tonight to tomorrow is 2474. Take-profit near 2440 and 2472. The bulls are too strong; either go long or stay flat, short positions cannot be opened, and one must avoid the edge.
BTC there are already chips being sold here, and there isn't much liquidity left for upward liquidation. The only concern is the US-Iran talks, and my personal subjective thought is that it won't be so easy to negotiate. Additionally, the 75k position is considered a previous high, which means you either short from the left side at the top or wait for a breakout to go long from the right side.
But I believe that shorting from the left side near 75k is fine, so I plan to touch the top $BTC
Many people must be trapped in the bearish mindset of "every rebound will fall down". As long as new highs continue to be reached, there will inevitably be a time when those who short at highs will be trapped. It is safest to short only at new highs with a stop-loss, and it is essential to adapt and correct mistakes promptly in response to sudden changes in short-term market trends. Trading without a stop-loss is not advisable.
The next resistance for BTC is 75500. A pullback to 73800-73350 today without breaking can be an opportunity to go long, with a stop-loss at 73000. For shorting, only below 75500. Manage your stop-loss according to your position size. $BTC
Short positions should have stop losses, but the stop losses are set very close.
Don't be afraid, the market is currently releasing positive expectations for a second round of negotiations. Next, it will give the bulls a slap again, and it will be another shorting opportunity.
The small level of BTC has begun the B wave pullback, and the high point temporarily matches the judgment, so we can directly enter the market to short around the current price of 72,000. I also added to my short position, and once the pullback ends, we will start a major crash. Additionally, ETH has also reached the position to enter a short, so if not now, when? We must short, let's go!
S&P 500 bearish, be careful not to break the pie! Reasons: 1. Daily arc top 2. Daily T13 reversal pattern appeared 3. Wave B rebound ends, starting wave C decline
The market is currently fluctuating. As I always say, if there is a rebound, you can continue to short. The expected high point for a small rebound in BTC is in the range of 7.18-7.23w, and you can add to your position at 7.25w. For ETH, it is about 2230-2250, and adding at 2270 is fine. In short, short during the rebound. Currently, I have already entered a short position, and I will increase my short if there is a rebound. #Circle拒冻结被盗USDC
Gold, the 4-hour rebound has broken the bearish flag channel. The rebounds are just traps to lure buyers, so we should go short.
The resistance levels above are clear: 4748.44, 4801.17, 4827.54 The structure has not turned bullish, and the news is merely fueling the spikes. When the price rebounds near the resistance, it is the entry point for short positions. Breaking below 4700 has already confirmed the strength of the bears. Now, any rebound provides a better shorting opportunity. Don't guess the bottom, just go short. # $BTC
Btc gapped down, pay attention to the risk of a second pullback.
This week's opening saw Bitcoin gapped down, mainly due to comments from Huangmao, and also the collapse of US-Iran negotiations, leading to a surge in crude oil prices, causing Bitcoin to drop quickly and dampening the bullish sentiment that had just started to take shape.
Currently, the 4H chart shows a descending wedge, indicating a short-term peak signal, so Bitcoin will continue to be under pressure today and will likely continue to decline, with pullback spikes possible at any time.
In terms of operations, Bitcoin is at 71500-72000, targeting around 70000.
The situation in the Middle East is changing daily, so everyone should pay attention to the risks!
Third pressure trend line, stop going long, join the bears
I need a super invincible big bearish candlestick! To end this absurd market, completely wake up the bulls who are still living in a dream, and let the small bulls shine shoes for all the bears
Bulls must wake up and admit that this world is just a makeshift stage, and they will face an unprecedented crisis. The crypto circle needs a complete collapse, a major overhaul, and then a rebuild! #美伊和谈未能达成协议
I looked at the BTC liquidation chart. Due to the low amount of chips above, the whale's desire to push up has decreased. It seems to be heading directly to hit the small support area of 71,500 where chips are accumulating. After this area is broken, it may increase the fuel, then accelerate the decline to test around 70,500.
Stop-loss is not failure; stubbornness is the abyss. The price of Bitcoin has risen sharply this week due to geopolitical influences, reaching above 73000 in early trading. From the market perspective, the overall pattern is in a phase of oscillating upward, and the possibility of touching 75000 cannot be ruled out.
Returning to the current market situation, the price is rising in a stepped manner on the 4-hour level, with each low point being continuously elevated. Every dip is accompanied by the emergence of a new high point. The short-term resistance is at the 73500 level, and the bottom support is at the 71500 level. As the price rises, the Bollinger Bands are also shifting upwards, and all moving averages have moved up. In the short term, there is still room to go lower.
It is recommended to look bullish in batches when the price pulls back to the 71500-71000 area, targeting 73000, and if broken, aiming for 75000$BTC .