In fact, it is quite easy to judge the market trends; the influence of major players on the K-line is very weak. A single trend line defines the bull and bear markets, and the upward trend line has not been broken at all. When it dips, it quickly recovers, and at the current position, there is no sign of a bear market, at least not for BTC. This is indisputable. Why does it dip and then quickly recover? Because major institutions are just creating panic, driving down altcoins, and liquidating contracts, while they do not want other capital to pick up the chips. How to sell without causing panic needs to be mastered; this is a technical skill. Retail investors are almost all holding altcoins, and it can be said without hesitation that the altcoin bull market hasn’t even arrived. It has always been a bear market, constantly fluctuating at the weekly bottom. Let’s not even mention that altcoins have risen several times last year and this year; that’s not called a bull market, it can only be called a fluctuation. Will the altcoin bull market come? When will it come? The clues during this period can actually be seen. Don’t you feel that the major players in the crypto circle are trying their best to maintain the overall market while trying to kill the altcoins? What is their intention? Why aren’t the altcoin major players pulling up the prices? Is there really no altcoin major player who wants to rise up and resist the slaughter? The altcoin bull market is tightly controlled by exchanges and Ethereum. Let me tell you, it’s not just a liquidity issue; they do not want them to rise. There are several purposes: 1. When large institutions and small capital cannot resist taking over BTC, the funds for BTC can be released. 2. To lighten the weight of altcoins. If there are too many people holding onto altcoin spot positions, the possibility of the altcoin season disappearing cannot be ruled out. Major players are not fools; would they really spend real money to pull up the prices just to sell to you retail investors? If there are too many people buying at the bottom of altcoins, and they really cannot wash out the retail investors or large speculative funds, then the major players will allow the altcoin season to disappear. The essence of the financial market is the transfer of wealth. The crypto circle is slightly different; it is a cash machine for capital. When they make money, they will have risk control and will not reinvest all their earnings back into the crypto circle, but will only take out at most half. Over time, the money in the crypto circle will become less and less, and without new participants entering, it will face exhaustion. Therefore, whether the altcoin bull market comes or not depends on whether you throw away your chips. If you hold onto them tightly, then the altcoin season is likely to be truly gone.
So, no one can influence the natural trajectory of Bitcoin! To get to the point, if Bitcoin follows its trend without any unreliable calls affecting it, it would normally retreat to 80000–81000 on Monday as planned. However, the unreliable calls have shaken the natural trajectory of Bitcoin a bit.
Conclusion: The unreliable calls may have offset the expected retreat. This evening during the European session, we will observe whether my judgment holds true, and then decide whether to increase our position.
The probability of testing the lower weekly support over the two days of March 6th and 7th is very high It will be around 68 So reduce your positions if needed I’ll emphasize again Force liquidation should be controlled at least below 65 Be cautious The final test of the bottom will be followed by a big reversal Don't be afraid As long as you control your position, you’ll be fine Everyone should check their liquidation price Why not liquidate everything? Because there’s no need to liquidate everything at this price If you're scared, just hold cash If you're not afraid, low leverage is fine Everyone is looking at seventy thousand It doesn’t necessarily have to reach seventy thousand That's all!
It looks like it can't be pulled up, feels like it can still be pinned at night
道长谈比特币
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In summary Radicals can fully invest now Leverage should not exceed three times full position Conservatives can wait until March 7th Even if it's only 93 or 94 It can still be entered Because there is no crash The weekly pullback risk is lifted That's all!
Three-Day Line View Current adjustment is nearing completion Hitting the lower track 90 is the best trend
Historical trend shows Pay attention to this tactic by the main force Refer to 2020 Repeatedly performing three-day line adjustments and repairs That is, after hitting a new high, continue to oscillate and adjust for 45 days Then surge Continue to repeat
Imitating this process It just so happens that the adjustment ends on March 7 Starting the next round of increase That's all!
Take it easy, the price of the new currency falling below the market is the norm.
Sunny Jain IuTu
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$KAITO The chips of the first, second and third positions have not been moved. The fourth position is picking up chips and buying some spot to stockpile!
$PNUT has lost its popularity and no one is taking it over, yet there are still people cursing here. When the day comes that you all have to cut your losses, it will rise again. Cursing is useless, haha.