Many potential bullish factors converge here: MA50 weekly support, weekly MA100 crossing MA200, potential 2-day bottom divergence, and 3-day bottom divergence, the same structure as the 2019 bear market, potential perfect butterfly bullish structure, USDT.D has an obvious 3-day top divergence, and range upper resistance. If BTC wants to rise, it should start from here, otherwise there will be no stronger support and bottom possibility in the short term. 🙏🙏🙏#BTC走势预测
Because BTC did not form a strong downward push 3 waves, but unfolded in a descending wedge, so this has become my top priority wave structure at the moment. #BTC走势预测
Dog dealer 1: It has been gloomy all day and it is about to break. How can they chase it if it doesn’t fall? How can they be trapped if they don’t chase it? How can they sleep in the middle of the night when we give them the impression that there is still a chance to go down? When it gets light, they think it should be safe and sleep. We pull it up to 59,000 or 60,000. Do you think they will cut their losses? Isn’t it over? Have you never played this before? Dog dealer 2: (clapping 👏👏), brother is right. I haven’t played it in September. Give him #BTC☀
This route has become my preferred route. Whether it rebounds from 0.618 to 61800 to 66000 or falls directly below, it is inevitable to go to more than 50,000 again. Based on the wave rule, I have imagined every possible path, and then verified it with other logics. Only the path of falling directly below 60,000 to 54,000 now is the most reasonable. $BTC
#ETH🔥🔥🔥🔥 ETH fell below the long-term trend line for the second time. Similarly, the 2-week RSI bottomed out for the second time, which may indicate another V-shaped reversal.
#btc BTC completed the 2nd wave adjustment with a very short and shallow correction. It is feasible. The last wave of the bull market itself is very urgent. Everyone once jokingly called the last stage a crazy bull, so the possibility of this count is kept in mind. This is a nightmare for the air force.
#token #btc The first wave started with a spreading wedge, The second wave can end at 0.618, or continue to adjust, but the beginning of the third wave is not far away This may be my illusion, not an investment advice.
#BTC Let’s talk about the big pie. The big pie still has a new high, but at this time, the space for the big pie is limited, and the risks are increasing. The more it rises, the more positions must be reduced.
#BTC The current rising structure is complete. Every surge has a probability of being a top. Every surge has to be reduced. It is expected that the top range with a high probability is 48000-55000.
#BTC 1. If Bitcoin still has a high point, 48500-57500 is the biggest pressure range. The most important turning point is 52088, which is the last high point of the rebound since the end of the 69000 bull market. If the rebound breaks through 52088, then a big bear can be determined. The market has completely ended, and 69,000 must be broken through, so in the future we must call back and look for long opportunities. See Figure 1.
2. If the rebound cannot reach 52088, or even 0.618, which is 48500, then 15476 will only start a rebound, and there is still a slight chance of falling below 15476 (of course I think this possibility is not considered at the moment). At least there will be a decline after the rebound. Let’s see where it falls. The current rise started from 24901. It is not yet certain that the rise has ended, so 45879 is not yet certain to be the high point. We assume that 45878 is the high point of this wave of rise starting from 24901, then 32914-37865 is the largest callback at present. Of course, the correction can be smaller, but basically the range of 32914-37865 has a high probability of a big rebound. Assuming that 45879 is the top of the 15476 rebound, the callback area is 27089-34265. See Figure 2.
3. These are some key positions derived from the daily level based on the current structure. Of course, the daily line is still in an upward trend at present. It cannot be said that 45879 is the top of the rebound starting from 24901, let alone 15476. The top of the market still needs to be observed. If there is still a high point, then it will be recalculated. But when the market reaches this point, it is indeed close to the end of this wave of rise. Everyone needs to be more risk-aware. The higher it goes, the greater the pressure above 48,500, and the greater the probability of a major correction.
4. I think the daily market trend of Big Pie has been made very clear, and everyone can refer to it.
5. Finally, let me talk about my personal subjective judgment. I think there is a high probability that 45879 is not the top starting from 15476. There is a high probability that there will be a new high after the correction. As for the level of the correction, we need to follow the market. You can make subjective expectations, but you cannot make transactions based on subjective expectations. You need to find a structure that meets expectations and wait for the price behavior when the structure is formed.