New highs equal original sins? Beware of replicating the left-side meat grinder market!



Bitcoin—today it broke through the previous high. Doesn’t it look pretty strong?
If new highs don’t accelerate, it’s equivalent to messing around.

Look at its trend—right after it just pierces the upper edge of the trumpet pattern, then it starts dragging its feet, wobbling back and forth there.
Is this called a breakout? This is called a test.

So my feeling is very simple:
Unless the yellow-haired guy (specifically the “know-it-all king”) tweets again at midnight to call for trades, it’s very likely to follow that old path on the left—first a pullback, then a rally.
Want to charge straight through? Unless there’s another sudden piece of good news, no chance.

Chasing longs at this position really doesn’t have any good value for the risk.

If you didn’t go long in the area below, and you didn’t chase when 76272 broke—you watch how they’re already running up to here, and you still rush in?
Bro, you don’t even know where to put your stop-loss.

Unless Bitcoin can hard push through 79215, your order is probably just delivering yourself to get slaughtered.
I’ll lay out two possible paths—just keep them in mind.

If Bitcoin breaks below 77865 and the rebound can’t get back—
Don’t hesitate. Chase a short on the right side and catch a round of pullback.
First look at 77561. If it can’t hold, then go look for 76272.

For those who want to go long, there are two kinds of people:

· If you’re more steady, then just wait patiently for the pullback near 76398, and take half a position on the left side.
· If you’re restless and absolutely want to chase, it’s still fine—
Wait for the 1-hour timeframe to stand firm above 78420, then take a small long. Target 79215–80000, with a stop-loss at 77000.
But honestly, I really don’t recommend doing this—chasing into this position is basically no different from gambling.

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Let me remind you of another 4-hour-timeframe warning.

Let me remind you of another 4-hour-timeframe warning.

The price is going up, but the MACD top divergence has already shown up.
What does that mean? The rally lacks momentum, and there’s a need for a pullback.
Brothers chasing the highs—if you don’t want to clear the position, it’s still best to cut down a bit,
otherwise in a couple of days you’ll have to give the profits back, and then you’ll slap your own head and curse yourself.

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Finally, let me say a plain truth:

If you miss it, you miss it. Missing is ten thousand times better than being wrong.
Not every segment of a market move can you eat straight from the mouth.

The best strategy right now is: get a small stool and just watch, or take a tiny bit of position to test the waters—don’t get carried away.
Wait until the position is reached before you act. There’s no need to rush.

$BTC $ETH
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