Arlong Watching the Market:

Bitcoin Fake Rebound? Crude Oil About to Crash? You Must Listen to This Logic!
Brothers, isn’t this recent market making your heart race? Let me clarify it for you.
1. First, look at Bitcoin. Why did it suddenly surge yesterday? Wasn’t it because Iran backed down, went to negotiate with the Americans, and the Middle East situation cooled down? Bitcoin immediately staged a rebound. What about our empty-handed crude oil? It plummeted by 10%! Isn’t that satisfying? So, can we still short now? Let me give you the details.
2. Honestly, I see this rebound as a typical false dawn, purely driven up by news. So my personal strategy is very clear: I placed short orders in batches at 79,422 and 81,255, halving the waterfall, rolling with the moves! If later the US and Iran really shake hands, maybe there will be another rally, which would be the best time for us to go short. When all the good news is out, the waterfall will come.
3. Do the math: Bitcoin has been rising for nearly a month, almost a 25% increase. chasing longs now is like walking on a knife’s edge; compared to that, the risk of shorting at the high is much lower!
4. Let’s talk about a timeline. Because the very unreliable Trump is tentatively visiting China on May 14. Back in 2017, during his visit to China, Bitcoin and US stocks both surged sharply. We need to anticipate this in advance. So if it drops after May 8, I personally think around 76,700 is an ideal buy zone, waiting for the positive rally brought by Trump’s visit to China!
5. Our trading is never about blindly guessing; it’s all about logic and deduction. Old-timers following the Pharaoh’s operations definitely understand this, but if you only occasionally see the posts, you might not understand the behind-the-scenes tricks. To survive in this market and even make big gains, remember to follow the Pharaoh. We provide real-time market analysis every day, giving you the latest trading ideas!