Reeves_pound

#加密市场上涨 $BTC Bitcoin experienced a strong rebound yesterday, with spot net inflow reaching 290 million. Currently, the 73700 level is a resistance point and may not form a perfect bullish flag pattern. Of course, there is also a possibility of a pullback to 75700. My current trading approach is to open a short position around 73700 and also set up a short position at the pullback level near 75700 (market analysis is not to be taken as trading advice).

Bitcoin may not fall further (daily and weekly charts show double divergence)

#BTC行情分析 Bitcoin$BTC experienced a divergence at the 4H red arrow position after a sharp drop at 6 AM (Chart 1). I have already stopped out 80% near 66,500. I have two remaining positions, and if the candlestick body breaks above the red box (Chart 2), I will exit all positions and leave the market at a loss.

#比特币震荡走弱 Bitcoin$BTC has broken out of the wedge in the large consolidation zone, falling below the lower boundary. The only support left is at the position of the green arrow. I personally opened a small position first; if it breaks below the support, I will add more (Market analysis is not investment advice).

#BTC行情分析 Bitcoin$BTC is currently still fluctuating within the flag pattern channel formed by the pressure zones in the two red boxes, and has not broken out of a clear trend. It's a very boring market with only short-term trading opportunities. The overall direction remains the previous view of testing the lower edge of the wedge. The opportunity to open a position has just not arrived yet. (Market analysis is for reference only, not trading advice)🐻

#行情分析 Big pie$BTC on the macro level has formed a wedge consolidation pattern. Currently, the first analysis suggests it will test the lower trendline again. Analysis is analysis, and operation is operation! Then we need to closely examine the pressure levels at the operational timeframe. If the market breaks through the resistance level, the short positions held need to be reduced🐻

#加密行情震荡 Bitcoin$BTC broke through the red box below with increased volume. As long as the pullback doesn't break the high point of the volume increase within the red circle, it can be considered that the market has returned to the weekly downtrend's main trend.

#加密行情震荡 Bitcoin$BTC currently has resistance at the red box area. The price hitting this level shows very obvious resistance, with VPVR around 70,590. Based on current data and candlestick patterns, the market is experiencing a consolidation with a bearish bias following a wave of decline. However, the key node for this rebound is at 69,270. If this level doesn't break down effectively, we can't immediately conclude that this uptrend has ended. On the larger timeframe, the trend is still aligned with the overall downtrend.🐻

This expression sounds very hawkish🦅

#比特币支撑阻力位分析 Bitcoin$BTC Although this long position didn't incur significant losses, I personally over-emphasized Wyckoff's volume and price analysis while neglecting attention to indicators. MACD showed a very obvious exhaustion signal. Moreover, this position itself was a typical triangular wedge oscillation—price should follow wherever volume and price break out. In an oscillating market, I should have gone short at the upper band and long at the lower band (with take-profits near the upper and lower bands), but I shouldn't have made an early directional judgment! Additionally, combined w

#比特币支撑阻力位分析 Big Bitcoin$BTC support is in the green box, the daily line broke new highs, both volume and price have been confirmed, the current view is that the market will have new highs or at least reach the upper channel line, but we still cannot be blindly optimistic and directly go long, the current mindset is still primarily focused on short-term longs🐵

#加密市场上涨 $BTC broke above this high point, bearish views are withdrawing 🐮

#BTC行情分析 Bitcoin$BTC From a daily level perspective, yesterday closed with a positive candle, already showing six consecutive bullish days, but failed to create a new high. Using Wyckoff's theory, this would be described as effort with no result. However, we cannot blindly turn bearish. We are not guessing market direction; if we're analyzing, then there must be conditions for a reversal. If the price breaks above the highest point of this consolidation wave (the red circle position in the chart), then this bearish view would become invalid.🐻

#行情分析 $BTC The main trend of Bitcoin is still declining, this is beyond doubt. Currently, bullish voices in the market are rampant, with some even looking for 100,000, but you need to keep a clear head, my friend. Bottom formation is a lengthy process, and even if this is the bottom, it won't V-shaped recovery like this, unless there's another special period like the pandemic with major policy stimulus and money printing to increase liquidity🐻

#加密市场上涨 BTC$BTC This position is near the low point of the last push to the 126,000 all-time high, and also near the highest point of this wave of oscillation rebound + the resistance level of the green box, stacking three layers of buff. I personally opened a small short position first with stop loss placed at the highest point of the three layers of buff (whichever of the three is highest) plus 2-3 points for potential wicks. (Market analysis for reference only, not trading advice)🐻

#加密市场上涨 #btc $ETH Today's market analysis: Currently, Bitcoin $BTC has formed an ascending wedge structure against the backdrop of a bear market. The current situation is that the green box represents a resistance level (since the volume on the daily chart makes it difficult to determine if it can block the price movement). If the price continues to rise on increased volume, there's a chance it could approach the upper boundary of the wedge. Due to the overall large volume on the daily chart filled with uncertainty (it's difficult to determine the high point now), whether it will form a high

#比特币支撑阻力位分析 $BTC Bitcoin is really hard to read in range-bound markets, but setting aside other factors and only looking at the most straightforward data, Bitcoin is currently consolidating at a key support level. Then all previous declines were on declining volume, but all rallies were on increasing volume. In this situation, going either direction is just gambling on the market! I'll close out my short positions first and wait in cash until the market shows a clear direction after this range-bound period before making a decision.🐒

#比特币支撑阻力位分析 #eth 2 just bounced back into this green box, confirming our previous analysis. I opened a short position with the high point within the green box as the stop loss. (Market analysis - not intended as trading advice)