SecondBrother
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It is recommended to start shorting Bitcoin at the current price of around 109500.
Shorting in the Ethereum 2565-2580 range, stop loss at 2630, target 2480-2440
In the afternoon, seeing that kind of one-hour chart movement reminded me of what happened on June 6th, and I knew it wouldn't drop much. The market is behaving like a snake spirit.
Now, shorting once below the pressure of 110,000 points!
BTC-0.32%
ETH-2.49%
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The Bitcoin market this month has seen significant fluctuations. Trading requires some effort as the rises and falls are not consistent, and the frequency of switching is very high. A bit of greed can quickly lead to losing everything.
It's been a month, and looking back, the coin price is still the same, but the money is gone. This is the biggest characteristic of a fluctuating market. Instead of setting a stop loss and holding on, as long as the position is not bad, you can basically wait for it to come back.
There is an old saying: Beginners fear one-sided markets, while veterans fear fluct
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Yesterday, Ethereum's performance was relatively weak compared to Bitcoin, and during the US market session, it even fell to 2388. Today, it seems that Ethereum is starting to make up for the rise. According to the current trend and past experience, Ethereum should at least make up for the rise for three days or more? The small target is to look at regaining above 2600.
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Last night, Mr. Bao took a dovish stance, Bitcoin continues to rise. If Powell's testimony tonight is still dovish, could it help Bitcoin return above 110,000? Bitcoin's four-hour nine阳神功?
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Bitcoin has had eight consecutive green candles in the 4-hour chart. Will it master the Nine Yang Divine Skill?
However, historically, Bitcoin has not used the Nine Yang Divine Skill many times in the 4-hour chart, but it has used the Nine Yin Manual quite frequently. Therefore, there is no need to mindlessly chase long positions here. If the Nine Yang Divine Skill is mastered, the 108,000 level will be broken. Let's observe; if 106,500 is broken, the next key resistance above to pay close attention to is at 107,500.
Ethereum has become so weak today, corresponding to Bitcoin's 107,000 from th
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The current trend can be understood in two ways, and for now, there is no need to look at the daily chart or weekly chart.
Because there are contradictions between the arrangement of K-lines at two levels and the MACD.
So we can only influence the higher levels through the smaller levels. Currently, the MACD on the four-hour chart has already formed a death cross.
However, it has not yet reached the stage of significant volume. If there is an increase in volume, a rapid decline will ensue.
What we need to focus on now is whether it will drop directly or whether it will drop after a rebound.
If
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As I mentioned this morning, there is no need to elaborate, Bitcoin has returned to 82000 again.
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In the past, the Federal Reserve (FED) was slow to lower interest rates, waiting for inflation to decrease, while also observing whether there would be a second rebound in inflation under Trump's trade conflict. The current results prove that inflation has shown an ideal decline, getting closer to the Federal Reserve's (FED) 2% inflation target, significantly increasing the possibility of interest rate cuts.
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The market is making people shake their heads. It had a big pump yesterday, and today it has fallen again, and this is happening even with favorable CPI data!
However, from the current daily chart, it is unlikely to break below 74000 in the short term. The next movement will mainly be a consolidation and rise.
Now replan, I think we should go long again. You can directly go long at 79300-79000, and if it hits 78500, continue to go long with a stop loss at 77500, targeting 82500-84000. The stop loss is relatively large, so enter positions in batches with light leverage. If you were stuck in lon
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FinalSupportvip:
Messy and chaotic, you can't wait for direction; this is just gambling.
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Bitcoin, short can be taken above 85000, with key resistance at 85800 and 86300,
Today during the day, short in the 85100-85400 range, stop loss at 86500, target at 82500-81000.
On the first trading day of April, Bitcoin surged directly by 3000 points, but I believe the bearish trend on the monthly and weekly charts is not yet over. The daily chart has not broken through the downward trend line channel resistance from 110000, 106000, 99500, to 89000. Therefore, when it comes to rebound highs, we should still look to short. The overall direction in April remains predominantly bearish with some
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On the weekly level, the death cross volume has decreased, primarily due to the fluctuations in the previous two weeks.
However, it does not affect the K-line arrangement and combination, indicating a short-term re-test of support forming a double bottom situation. Therefore, the price may fluctuate widely between 78k and 88k in the short term. Once it touches 88k again, it will consume all the short-term small-level bullish momentum, and then a new round of decline will begin.
This week's bottom near 78k needs to be verified and tested to see if it will be broken. If it cannot be broken, the
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Bitcoin short-term suggests a rebound near 82000 and short any level above 82000, stop loss at 83100, target 80600-90400, continue to hold any short orders. A slow falling market will definitely have an accelerated decline.
Temporarily arrange a long position for short-term trading near the first retracement low of 80400-80000, with a stop loss at 79400 and a target of 81600-82000. If it strongly falls below 80000, abandon the long position. Alternatively, go long after a rebound breaks through 83000 and then retests.
Ethereum is likely to fall below the previous low of 1752. If it doesn't bre
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The large-scale weekly chart is still showing a fall, with a clear short positions. The daily chart has three consecutive bearish candles, and it needs one more acceleration to stop the fall and rebound, then enter a consolidation phase before making a second directional choice. I believe the low point of 81100 from last week must at least be broken, and a continuation down to around 80000-79000 would be reasonable.
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Ether, it can't fall much from this position. I mentioned before that even if I shorted Bitcoin in the range of 84000-81500, I haven't been able to short Ethereum since it hit 1800 over a week ago, and yesterday I couldn't short Ethereum before it hit 2000.
Ethereum and others pull back to the rebound high points of the past few days around 1950-1940, target 2020-2060.
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Previously the 85000 resistance battle, now the 86000 resistance battle. There is currently a pullback here, with support looking at around 84400-84000, which is also the area of top-bottom conversion. If there is a pullback tonight, I will add more. I still think the weekly chart is not very strong. Although the daily chart closed with a big candle yesterday, the continuation of both bulls and bears has been relatively poor recently, changing direction every day. We also need to be careful of a big dump coming from above 86000.
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In the short term, Bitcoin won't experience a flash crash? Will last week's rebound high of 85200 be a secondary peak?
Tomorrow at 2 AM, the Federal Reserve will announce its February interest rate decision. The market is betting again whether Powell will drive down the Bitcoin price this time, as he loves to be hawkish. If the Federal Reserve continues to keep interest rates unchanged, will Bitcoin reach its peak? I don't think so, unless the Federal Reserve starts raising rates, and both CPI and PPI data have decreased. The Federal Reserve has no reason to raise rates and is very likely to r
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Once you muster your strength, you will be successful; but if you falter after a first attempt, you will fail on the third. Despite more than 85,000 attempts, it has not been possible to break through, and 84,000 has not been able to hold its ground. In addition, the early Thursday morning interest rate decision by the Federal Reserve indicates a high probability of no rate cut in March based on the data.
So, change direction and bounce short! Especially after breaking support this morning's fall.
Today's rebound relies on the 84000 pressure, and under this, the rebound is shorted in batches.
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In the past few days, it has been up and down, and it has not come out of the trend, and it is waiting for the Fed's interest rate decision in the early hours of Thursday morning to set the direction?
So in the past few days, the long and short orders are free to grasp first, as long as you don't have a head iron, you don't have a brainless chase order, and there are opportunities for long and short.
#美联储3月利率决议# #BTC 行情分析#
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These days are all volatile markets, long and short can not be in love, do the right to earn almost to the bag, optimistic to find the next position and then do it. #美联储3月利率决议# #稳定币激增# #BTC 行情分析#
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BTC daily candlestick is so weak, it seems that 85,000 cannot be held. Various data and news were in full swing from yesterday to early this morning, and the BTC market also saw significant fluctuations, but ultimately shorts dominated. After rebounding to 91,000 last night, it continued to fall. Neither the non-farm payrolls, Powell's speech, nor the Cryptocurrency Summit could save longs. The day before yesterday, shorts were strategically placed above 91,000, and positions were taken in the morning at 85,000. Last night, after rebounding to 91,000-90,000, everyone decisively increased their
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