From ✅Shu Qin✅ Latest News

I’m scared... Is Bitcoin about to run into disaster out of the blue? Can Dogecoin keep surging? Take a look now.

1. Bitcoin’s external risks have increased sharply, because the US stock market that it’s closely tied to is really too frightening. The S&P 500 index weekly chart has actually shown 9 straight bullish weeks—meaning 9 consecutive weeks where everything closed higher! Once a pullback starts afterward, weaker Bitcoin may be dealt a brutal blow.

2. So capital moves fast. It’s been selling since 80k, as Shu Qin previously reported. Bitcoin has been falling ahead of US stocks, and it’s expected to trade sideways for a while around the strong support near 72k. Later, when US stocks begin a healthy correction of around 5%, Bitcoin is very likely to start a new wave of decline.

3. Currently, the minor resistance level for BTC is at 74.5k, and the major resistance is below 76k—e.g., 75.5k. Once it reaches those levels, it’s worth considering re-entering short positions. At worst, you can still capture a solid short-term pullback—that’s our next trading plan.

4. Actually, the resistance levels at 74.5k and 76k were discussed by Shu Qin yesterday. We clearly said we’d go long after a second dip in BTC, and the long positions can take profit when price is near the resistance. Many guys even flipped and shorted right around 74.5k, and now they can also capture an additional 1000 points of profit.

5. And our Doge that we positioned in advance is also strengthening as expected. It’s expected to have some hype before Elon Musk’s IPO, and it’s currently the only coin that can be played with in the near term. Plus, our recent BTC long positions, as shown in the picture, indicate that Shu Qin’s trading isn’t mindlessly bearish. We only short at key resistance levels such as 79.5k, 82k, and 78k. After it dropped to the support level at 72.5k, we did the opposite—we went long to catch the rebound.

6. So when you trade, don’t be too self-centered. Respect the market. When you reach a resistance level, short when it’s time to short. But when it falls to support, if you can do a rebound trade, then you should do a rebound. If you’re wrong, admit it—but if you take a close look, I haven’t been wrong, right? Real gold doesn’t fear fire refining; time will prove everything!
🚨Information sharing only and does not constitute any investment advice!🚨
👉Follow and comment to get a trial experience card!
$BDX $BERA $AWE
#Circle发布后量子安全白皮书 #FBI seizes $8 billion in cryptocurrency #ethereum