Song Xiqing: Three-Week Playbook – First Hunt Stops, Then Trap Longs and Counter-Kill, Finally Wait for the “Bottom Hammered Out”

Outlook for the Next 2–3 Weeks

Price will first “visit” 62.8k, but that’s a spring – it bounces right back after being pressed. Once the rebound is pinned down, the target is to sweep stops at 61.3k and 60.6k. Liquidity is like a magnet: it pulls in first, then smashes back.

If 60.6k can’t hold, a momentum dip to 59.5k is normal. But whether it gets there or not, as soon as a reversal signal appears, watch price rocket straight to 65.6k. That’s retail’s “faith zone” – longs will rush in like moths to a flame, thinking we’re heading to 70k. We’ll use them as fuel.

Above 65.6k, we layer in shorts. Afterwards, the market will form a secondary top below 66k, then turn south. That “snap” is the trumpet to break below the previous low.

As for the bottom, recent lows are rising, showing signs of a base. But don’t rush to buy. The real bottom isn’t guessed – it’s hammered out. Wait for a long lower wick over the next 1–3 months that pierces the prior low then recovers. That’s the entry ticket the market gives us.

In one sentence: Short 62.8k, look for longs at 59.5–60.6k, short above 65.6k, then go long after the long wick lands.

Disclaimer:
The above analysis is Song Xiqing’s personal view. Markets change rapidly. Content is for reference only and does not constitute investment advice!
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