According to Coinglass data, if Bitcoin breaks through $65,000, the cumulative short order liquidation strength of mainstream CEX will reach 254 million. Conversely, if Bitcoin falls below $60,000, the cumulative long order liquidation strength of mainstream CEX will reach 755 million.
This liquidation map is very clear, 65,000 short, 60,000 long This Weibo is simple and clear. Those who want to short have a chance Those who want to buy at the bottom also have a chance, don't be anxious, don't panic
Except for the details of the retracement point, I marked it wrong at 56,000, the lowest is 57,200 There are no other problems with this trend chart. And it is too conservative. I think 65,000-68,000 is in October It is only 920 and it is already 64,000. I dare not imagine how much it will rise in October.
No one can accurately see the point. There is still a chance to get on the train at the end of the month. The bull market just started on 9.10. Today is 920 No chance? ? ? I don’t believe it If you haven’t got on the train yet, it’s okay. Study The position where the first wave of market ends the callback October is better than the current market It’s only 10 days, and there are still 30 days of bull market Aren’t the next 30 days enough? I am also studying the callback position after this wave of increase After all, there are still 10 days in October, and the main rising wave has not started yet. The next wave of market will be the main rising wave
On September 19, the interest rate was cut by 0.5%. After the implementation, Bitcoin surged and fluctuated sideways. Today, the price of Bitcoin is 61,900. Yesterday's update was 59,900, an increase of 2,000 dollars. Here, Bitcoin fluctuated sideways and then the cottage market rebounded.
Today's contract map update: Bitcoin long orders: 61432, 60908, 60384, 59860, 59336 Bitcoin short orders: 62480, 63004, 63528, 64052, 64576
Ethereum long orders: 2400, 2376, 2353, 2330, 2307 Ethereum short orders: 2446, 2469, 2492, 2515, 2538
The speculation of interest rate cuts started from the 55555 pin on September 10 Yes, Bitcoin rushed to 60,500 at the beginning, and then fell to 57,500. In the past week, the speculation of 50% interest rate cut began, 57,500-61,000=3,500. Then Powell cut interest rates by 50% beyond expectations, 59,500+3,500=63,000. This is the current digestion of the positive impact of the interest rate cut. Before the 50% speculation, it rose by 3,000 dollars. After the 50% interest rate cut, it repeatedly inserted 59,500, and rose again in the current wave. Bitcoin is now in a high-level oscillation market after the positive pull. Bitcoin's fluctuations here give the cottage a chance to make up for the rise, because Bitcoin has risen a lot in the previous half a month, but the cottage is still on the floor. So everyone can see whether a cottage has taken off, some have been listed on the Korean platform, etc., and the increase is 20-30% in an instant. Ethereum also started to make up for the rise at noon today, and it has risen by about 2% at present. Let's talk about the market in the next few days: Bitcoin's current wave of interest rate cut speculation is not big for the time being, probably around 62500-63000. So Bitcoin's volatility gives altcoins an opportunity. You can open the daily chart with Bitcoin on the left and another altcoin on the right to compare. Bitcoin has taken off halfway up the mountain, while Ethereum altcoin is still on the floor. Compared with Bitcoin at 62000, Ethereum should be 2600 or even higher. After Ethereum and altcoins make up for the rise for 2-3 days this week, Bitcoin and Ethereum altcoins will collectively pull back next week. Bitcoin's daily support is 59500 and 57500, and the monthly line will be closed at the end of the month. Then the main rising market will be in the autumn market in October. See Figure 3, which is the unilateral rise of the daily line in February in the spring. At that time, it seemed that Bitcoin rose first and then Ethereum made up for the rise. So in the next 3 days, the market will have a small correction. You can make up for the rise of Ethereum or altcoins in these few days, and then wait for BTC and ETH to pull back together at the end of next week before doing the unilateral daily rising market in October.The end-of-month correction is for the unilateral surge in October There are only two good market trends in a year, February in the first half of the year and October in the second half of the year. You can take a look at the market trends in February at the beginning of the year. It is most important to grasp the market trends in October. October is a bronze month.
After the end of October, I am not optimistic about the market trends in November and December at the end of the year. The overall trend of the currency circle in 2024 is particularly similar to that in 2021 and 2019. You can also take a look at the trends of the currency circle in the second half of 2019 and the second half of 2021.
If you don’t understand, leave a comment on Weibo or send a private message, and I will reply
Bullish on ETH ETH ETH, the first wave of the bull market has increased by $10,000. Bitcoin is 62,000 and Ethereum should be above 2,600. Bullying about Ethereum's rebound. After Ethereum's rebound, Bitcoin and Ethereum will pull back together next week, and then the second wave of the bull market will start in October.
September 17th is the Mid-Autumn Festival, the last day before the interest rate cut, today's Bitcoin price is 59,000 (I had dinner during the festival, so the update is slow today)
Ethereum long orders: 2292, 2269, 2247, 2225, 2203, 2181, 21 59 Ethereum short orders: 2336, 2358, 2380, 2402, 2424
The interest rate cut will be implemented in the second half of tomorrow night. Last week, I said that the speculation of interest rate cut will cause the market to fall and pull back after the interest rate cut is implemented. Whether it is a 0.25% or 0.5% interest rate cut, as long as the interest rate cut is implemented, it will fall and step back The small drop will fall to 56,000+, and the big drop will fall to 54,000+ 54,000+ is the ninth level of the left long liquidation map, the lower track of the daily Bollinger line, and the lowest support of the triangle convergence oscillation in Figure 3. If there is 54,000, it will form a perfect trend of Bitcoin's three bottoming out The callback will end after three explorations, and the market in October will see a big rise and a big surge. Figure 4 is the trend chart prediction for the next month and a half from the end of September to the end of October. I still insist that the Federal Reserve will cut interest rates by 0.25% tomorrow night The trend chart is valid and I still insist on this chart unchanged. The rest depends on the market trend after the interest rate cut is implemented. For short sellers, short selling should be stopped when the market is good. Bitcoin has been falling and adjusting for 6 months and 180 days since March 14th at 73,800. It has entered the last triangle convergence shock, and it will enter a one-sided bull trend after it ends. The end of September is a period of gradual exhaustion of short sellers and restart of bull sellers. Don't get it wrong. What you need to do is to stop short selling when the interest rate cut is implemented, and then wait for the big support position of 54,000-56,000 to intervene in long orders to take advantage of the big surge in October in the next month. After this month, it will last at least three months. I am not optimistic about the second and third interest rate cuts in November and December. I will reply to any questions I don't understand on Weibo. There are also those who need to save handling fees and register for commission rebates. For example: a month's handling fee for playing a contract with a margin of 10,000 yuan is 2,000-3,000 yuan. Find me to register for commission rebates and you can get the handling fee back.