It's so strange! Bitcoin is rising alone, but why aren't ETH and SOL moving up? The CME gap is about to be filled, so what should we do now?


1. As shown in the chart, the current Bitcoin futures gap is around 82,000 to 83k. According to historical patterns, any BTC futures gap will be filled without exception. So how should we position ourselves?
2. Here's the answer: going long is impossible! Because BTC has already rebounded 35% from 60k to 81.5k, the market is overbought, and it can't keep rising infinitely. So, ruling out chasing longs, the only options left are two: wait and see or go short.
3. The two major resistance levels for Bitcoin are at 79,500 and 83k. We've already shorted at 79,500, locking in most of the profit with a 5,000-point gain. Then, we re-enter short positions at 79,000 and 83k. I am very confident in the short at 83k, expecting at least a 5,000-point pullback. I even think it could be more because this level is very likely the stage top.
4. I also hold a short at 79,000, waiting for the pullback so that the short at 83,000 can take profit, and the 79,000 short can be closed with no loss or even a small gain. Then, we can make a few more swing trades; I believe we can earn quite a bit.
5. As for crude oil, we have also set up short positions. With the US and Iran pulling back and forth, a deal is very close. Patience is key—when the big drop comes, it will be our chance to profit! The funding rate for crude oil CLUSDT isn't high either, currently at 0.01%, which is minor compared to the subsequent 20%+ decline and profits—just a drop in the bucket.
6. Although Bitcoin is cutting into profits like a dull knife, if you look closely, from 79,500 to now 81,500, it's only a 2% increase. Is that a lot? Even reaching 83,000 would only be a 4% rise. But don’t forget, the higher we go, the bigger our profits from shorting. So, right now, everything is in place, just waiting for the right moment. Don't rush—great show is about to begin!
BTC1.74%
ETH0.55%
SOL1.32%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin