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$BTC
Old Chen's Monday Market Review and Summary
Locked in a bullish trend over the weekend, Monday saw a full payout of a thousand-point bonus.
The entire strategy was consistent and coherent; on Saturday afternoon, the live room first provided a low long setup for Bitcoin around the 64000 mark, clearly stating that this round is just a corrective rebound, and the long-term downtrend has not reversed. We took a light position for short-term trades, strictly controlling position risk.
On Saturday night and early Sunday, we synchronized our predictions for Bitcoin and Ethereum's upward fluctuations, firmly prioritizing a corrective rebound, thoroughly breaking down support and resistance areas without any indecisiveness between bulls and bears.
Public entry plan: Watch for a drop to the 63950-64000 range to gradually set up long positions, with a core defense at the 63900 level. As long as this level holds, the bullish logic remains intact, with segmented targets of 64800 and 65500 all reached as expected. In the evening, the peak hit 65622, fully realizing over a thousand points of upward space.
Real-time feedback on live trades:
A student set up 15 hands of BTC long at an average price of 64200, using a uniform leverage, and waited for the exit notification, peaking at a floating profit of 13757U, with a return rate of 285.69%. Successfully closed with a profit of over 13000U.
Another student entered a low-position long, capturing over 1400 points in a swing, directly earning over 14000U. Missing out over the weekend didn't affect Monday's opportunity to profit.
Current market situation is clear to see:
Many traders are simply lying flat and watching during the volatile market, or they get shaken out prematurely, missing the main upward wave. There are also a lot of people blindly chasing highs, losing their capital back and forth.
Those who kept pace with the rhythm, relying on the provided support for low positioning, held onto the complete upward swing, steadily increasing account profits. The difference has always been in the prediction and execution.
Evening market interpretation:
After hitting a high of 65622 and facing resistance, it retraced to the 65000 range for consolidation, which is normal profit-taking and washing out after an uptrend. The bullish structure remains intact, and after the consolidation builds strength, the bullish outlook continues.
Evening operations will wait to gradually enter longs near 64800, with a stop loss below 64550. The first target is to reduce positions at 65500, while the remaining positions look for a breakthrough at the new high of 66000. $BTC
#MyGateTradeStory