Bitcoin falls below 100,000! Is the market going to crash? Where will it rebound to? Hurry up and take a look.
As shown in the figure, Bitcoin has formed a small double bottom and is currently near the neckline. If it breaks through the neckline, it should reach around 103500, where I might consider taking profit on long positions. If it doesn't break the neckline, then forget it. The next resistance is around 106000, and if Bitcoin rebounds to this area later, I will short it again.
However, the current market is perilous, and the short-term uncertainty is quite large. The opening order h

Damn it, if it falls again I'm going to report it, can Bitcoin hold at 100,000? Even this big short position is getting a bit anxious...

Get this deal next year, and buy a Maybach?
The bear is coming, and next year Bitcoin will drop to 50,000 or 60,000. The bear market will last for a year, so it won't just drop in a few weeks; it will go up and down and take a year to reach the bottom. With this single investment held until next year, can I switch to a Maybach?

Can you believe this? 100% insider win rate Whale is about to get liquidated!
Recently, the so-called insider whale that has been the hot topic online has taken a big hit, as shown in the picture. Currently, there is a floating loss of 40 million USD. If we also account for the profits that were previously floating, there has been a loss of 80 million USD within two weeks, and it is about to Get Liquidated.
Currently, the brother has opened high-leverage long positions of nearly 400 million dollars, while his actual assets are only 23 million. This means that if his total position of 400 milli

Bitcoin has rebounded to 111,000! Can it continue to rise? Where can we short? Let's take a look.
As shown in the figure, Bitcoin is moving very orderly, with the bottom rising along the trend line and the top resistance around 116,000. At this point, shorting is inevitable, and there is a high probability of a pullback, which could even lead to a significant correction back to the green trend line around 107,000, just like before.
However, it is still early to talk about 116,000, and it may not necessarily reach that level. I think we can short a little at the resistance around 112,500 to

Is Bitcoin's rebound stagnant? Where can I profit from shorting? Let's take a look with Shu Qin.
The current rebound strength of BTC is very weak, and the market lacks new stimulus points after the interest rate cut. I have placed a short position near 112,500 in Bitcoin. I think this is a very good shorting position. I’m not saying that the situation will fully reverse, but a pullback shouldn't be a big issue.
For Ethereum, our logic is to short on small rises and short big on large rises. As analyzed before in the chart, it was a good shorting position when approaching 4000. In t

Is the market rebounding? Will it fall again? Where can we short\go long on Ethereum? Let's take a look.
As shown in the figure, ETH has currently formed a very solid quadruple bottom, and it should rebound here. When it previously fell to this level, ETH first rebounded to around 3900 before encountering resistance. You can try to short with a small position around this area to catch a pullback.
A more stable shorting position would be near the 4000 mark, for example around 3980. This would be a more perfect opportunity to reposition short orders, it just depends on whether the market pro

A trap for the down payment of a house has been earned!
The current logic is that prices rise before interest rate cuts and fall after. After the interest rate cut, the positive effects will be fully realized, and I will no longer be bullish. I hope everyone managed to sell at the top and set up short positions on Wednesday to take advantage of this wave of price fluctuation logic~

116,000 resistance is starting to pull back~

Did you know? Powell is about to make a big move! Is he going to stop tapering next week?
The market is no longer concerned about interest rate cuts; this positive effect has been completely absorbed. Currently, what Wall Street is most concerned about is Powell's statement at the beginning of the month that there will be a halt to QT in the coming months, meaning that quantitative tightening will no longer take place, which opens the door for the subsequent initiation of quantitative easing (, commonly known as large-scale money printing ).
Let's not talk about the future quantitative

CPI data is here! This time it's Favourable Information!
Sure enough, Trump optimized the data again before the interest rate cut, with both CPI and core CPI at 3.0%, both lower than the expected 3.1%, which is Favourable Information!
Congratulations everyone, there has been a surge~

Can it only rise if it can't fall? Where can I do shorting? Hurry up and take a look!
As the interest rate cut approaches, Bitcoin bulls are starting to increase their short-term positions. There will be market activity for BTC at least until the rate cut on the 30th. However, the current short-term rise is a bit excessive, so I will look for a pullback around this resistance level, as shown in the picture.
Bitcoin around 111,200-116,000 has certain resistance. We shorted here on Monday, and now that the Bitcoin price is approaching again, I think we can try to open a short position here a

Is the Bitcoin market coming? How high will it rise this time? Let's take a look.
As shown in the figure, BTC has broken through the descending trend. Previously, the coin price had lower lows and lower highs, but now the bottom is rising, and the top has also surpassed the 109,200 we discussed earlier. Therefore, close the short positions and go long at the pullback position after the breakout. This strategy was clearly analyzed on the 18th, as shown in the figure.
Sorry, the drawing software crashed, and after waiting for a long time, I can only substitute with a hand-drawn version. Curr