$BTC :I'm a bit unsure about this position, you guys handle it yourselves.



Take a look at the hourly chart of Bitcoin, one low is higher than the previous, one high is higher than the previous, this thing is gradually pushing upward. You want me to short this move? I really can't bring myself to do it. Unless it can't hold itself and starts leaking down, then we can talk about a pullback. First, look around 75510 - 74929; if 74929 can't hold either, then heading toward 73537.

But now there's a problem, I've been watching for a while.

This 76237 level has been tested four times, each time pushed back. Now it's the fifth attempt. I tell you, if a level can't be broken through after three tries, the bulls' momentum is basically halved. If this fifth attempt also fails, the bulls will curse and run, no need for the bears to dump.

So tonight, I’ll be watching this momentum.

Two possible scenarios, do as you like:
If it breaks above 76353 with real volume pushing up, then I’ll go long immediately. Once this level is broken, the previous hesitation is over, and look toward 77573 - 78283. Break through and don’t look back, otherwise it’s just a fake-out.
· If it still can’t go up after the fifth try, screw it, forget I said anything. Pay attention to 75536—if it leaks out with volume and pulls back without going higher, I might reverse and short it down to 74537 - 73778. Remember, short, don’t get caught up.

And here’s a slightly more comfortable point—weekly chart.

On the weekly, there’s something called the “Three Soldiers Forward,” which means three consecutive weekly lows are rising, and highs are rising—that’s bulls flexing on the weekly level. As long as it doesn’t break below 73606, it should go test 79531.

Note this number: 79531.
How did it move before? If it can’t break 79531, it’s bearish; if it holds steady, it’s bullish. When it surged past 120k, it was because it held above 79531; when it dropped to 60k, it was because it lost 79531 completely. This level is the face of the weekly chart—lose it, and it looks bad; hold it, and you can still boast.

· For those overthinking, wait until it stabilizes above 76350 before acting; don’t rush in prematurely, those who do are just big fools.
· For those wanting to short, wait until it leaks below 75500; it’s not dead yet.

That’s it. The market’s moving like an old lady’s foot-binding cloth—lazy to analyze, just wait for it to choose a direction. When signals appear, act; no signals, just watch the show. The money’s yours, don’t be reckless.
BTC0.22%
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