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Latest updates from ✅ Shuqin ✅
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So strong, so strong! Bitcoin is at 63k—will it keep charging higher? Where to exit Ethereum? Come take a look quickly.
1. As shown in Figure 1, Bitcoin shows an important bullish signal: the MACD forms a golden cross again. The bigger trend is expected to continue rebounding, and I think there is an opportunity to test 67,000 again later. But… the short-term looks a bit off?
2. As shown in Figure 2, Bitcoin actually rebounded to the vicinity of the trendline resistance. There have also been several attempts to break through 62.5–63k, but each time it got pushed back. However, this is normal. The road during a rebound won’t be smooth all the way—pullbacks of a decent size are a great chance to add positions; if not, then we’ll just move on.
3. Because our strategy is to take profit in batches when prices are high, and then buy back when they pull back and reconnect. This reduces risk and locks in profits, and there’s even the potential to earn more through swings. Besides that, the Bitcoin bear-market trend is also easing. Even though the coin price keeps making new lows over these past few months, the MACD momentum in Figure 3 is recovering and keeps moving upward—this is a very positive signal.
4. Coins like Ethereum and Sol are even stronger. Ethereum is currently around the previous highs of 1780, which can also be considered resistance. Taking some profits there is fine, but in my mind the most ideal exit target is definitely around the previous high of 1840. When it reaches there, I will exit with a large position, then wait to buy back on the pullback.
5. Now it looks like the previous dip-buying was very wise. Shuqin added 1 million in leveraged positions on Ethereum at 1530, as shown in the figure—back then, it even included bringing everyone in. As for Sol, it reached my target early: 83 is strong resistance, so I took all profits and will wait for a bigger pullback before entering again.
6. Because Sol has risen from 60 to 83—up a full 40%—I’m already satisfied and don’t expect more. We also shorted once or twice at 83 in reverse, and there was no big “waterfall,” but we still had some small gains to take. Shuqin is very happy that we led everyone to dip-buy when Bitcoin was at 60k—without fearing panic, and daring to buy. This week is the moment our dreams come true.
Brave people enjoy the world first!
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🚨 Information sharing does not constitute any investment advice! 🚨
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