The dog owner stole from the family in the early morning! The long-awaited bull market spike has arrived. During the last bull market, there were spikes every day. I thought this time the big players had changed their ways, but the familiar feeling is back, stealing from your home in the middle of the night. This is a common bull market deleveraging, a very healthy pullback. If you have spare cash, feel free to buy the dip. As for BTC, ETH, and Sol, after a few days of trading, they will all rise again, and they will rise even higher.
The short order adds BTC spot hedging. If the market continues to rise, the price of this part has been fixed and no further losses will occur. If it goes down, my short order will bring me profits, because my BTC is a long-term currency standard, which will not affect selling at high levels in the future. Therefore, currently, I am not afraid of the main force pulling upwards when holding positions. Of course, I personally see short-term downward adjustments.
If there are profits in the single day opened yesterday, they will come out first. Find a good point and then enter. The short-term bearish view remains unchanged, open a short position at a high level or chase a short position on a breakthrough. It’s too early to say that the bull market is going strong, there will still be cheap chips to pick up in BTC, be patient! All cottages have been cleared. Let’s look at the callback at the small level first. As for the top of this round of rebound, wait and see.
Yesterday afternoon, I had been guarding against a sneak attack by bulls, and as expected, there was a wave of short squeeze. My short entry time was still too early, and I still need to be more patient with the market.
On a larger level, from the first wave of decent rebound in the bear market from 16,000 to now, where will the second foot of the bear market land? Let’s see how the main force performs this time.
The daily level of Bitcoin is exhausted, and it will enter the rising wedge shape again. This position has been consolidating for more than two weeks and is about to show its direction. It is predicted that there will be a wave of bullish temptation and then a correction will begin. The mid-term target of 40,000 remains unchanged but it will not affect the mid-term callback and washout. Watch more and move less. It is okay to go long at high altitudes or on pullbacks, but contracts should still move in and out quickly to reduce market exposure time.
Remind yourself again that buying points is very important, especially at the segment level. Today's LDO buy point difference will stop the loss. If you are extremely risk-averse for short-term operations, the best buying point is the first!
Bitcoin has gone up again. The expectation is basically that after a rapid rise, it will start a decent correction and break through the downward box. Maybe it will come quickly and urgently.
BTC is structurally complete, and eth also made up for the highs yesterday. In the short term, pull up and be short, don't chase the high. In the medium and long term, the trend will remain positive, and the pins will be long. In the past two days, I will first reduce the frequency of transactions with orders and focus on observation. Wait for a correction first.