Damn it, this is worse than a pig dog. Silver is so weak, it’s even worse than a knockoff; I won’t touch it again. Luckily, gold has already attracted some funds for bottom fishing, or else I’d really be worried about flipping over in the gutter and getting wiped out. It's just too confusing. BTC is crashing, and I'm getting closer to being un-stuck. I didn't expect to be trapped in long positions on gold and silver. I'm not worried about gold, but I'm really concerned about this silver. A $30 trillion market cap, and TND is just junk? I’m down on my knees now. But thankfully, the AI industry is booming, and the demand for silver is huge, so it should go up later. I heard about the liquidation monster; it’s liquidated again. Damn, I opened a position yesterday, and today it’s liquidated—this thing is truly a cancer in this space, right? What are the followers even thinking? Some are just spending 10 bucks to watch the show. Relying on the liquidation monster to make money is such a dumb move. Some people say I'm just like the liquidation monster; we're both losing money. I admit I haven’t helped anyone make too much cash. But hey, I've survived 50 days during this time, I’m doing my best. Once my BTC short position is un-stuck, then I can brag; for now, I’m just keeping my head down and playing it safe. When Trump returned from China, he started taking action against Iran. It's clear that this trip to China yielded too little, so he has no choice but to keep pushing Iran to make compromises on certain agreements. Asia is really struggling right now because of the blockade of the Strait of Hormuz; oil shipments are stalled, and it's almost dead. China isn’t doing much better; bro, a liter of 95 gas is already over 9 bucks, making me hesitant to drive at all. The usual 45 km trip home, I’m walking it now. Gas prices are likely to rise a bit more, but around 108, it should be a good shorting opportunity. Currently, from a daily chart perspective, BTC has broken its life line, confirming a downward trend. The upper life line resistance is around 78,000; focus on shorting during any bounce. The MACD has a death cross pointing down, indicating a need for further pullback. Avoid going long for now. The short-term support is near 75,000. For the four-hour chart, I recommend shorting at 78,000 with a stop-loss at 79,000 and a target near 75,000. On the weekly level, the candlestick pattern shows a bearish engulfing, signaling the end of the upward trend; focus on shorting during any rebounds. All indicators show a need for pullback, so avoid going long. The upper resistance is at 80,000, with support near 72,500. Gold has attracted some funds for bottom fishing, so no worries there. If you haven't gone long yet, now’s the time to hop on. $BTC


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BTC-1.98%
XAG0.45%
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