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Featured10.9 Friday Market Overview: ETH Bulls and Bears Keep Switching, Waiting on the Sidelines
ETH formed a bullish flag at 2365 and rebounded to 2775, a gain of nearly 400 points. It then encountered resistance at 2775 and underwent a major pullback to 2400, a decline of nearly 370 points, forming a large M-top pattern as bulls and bears kept switching.
ETH briefly dipped to 2404 in the early morning before rebounding quickly, but the price-volume relationship was inconsistent and divergence emerged. Beware of a bull trap and another pullback.
Total liquidations across the market reached $1.19 bil

Featured#GateMoney正式上线 $BTC ‌10.9 Friday Market Overview: BTC Longs Stopped Out, M-Top Multiple-Top Pullback
BTC formed a bearish candle with a long lower wick and solid body in the morning, marking four consecutive bearish daily candles
The BTC long at 8.28 was stopped out. There are no consistently winning trades; only by reviewing and analyzing your own trades can you improve your win rate. Stay humble in victory and resilient in defeat
After BTC formed a multiple-top structure at 8.66, it underwent a deep pullback of nearly 6,000 points. I personally summarize this pullback as follows:

Featured10.8 Thursday market overview: MU Micron pulls back from multiple tops; buy the pullback
The three major U.S. stock indexes closed with slight adjustments today, while the S&P 500 remained firmly above 7800
Recently, the U.S. storage and computing-power sectors have not performed particularly strongly, with Micron, SanDisk, and SK Hynix all making slight adjustments in unison
MU repeatedly rebounded to 1098.65 before encountering resistance and pulling back. Strong overhead selling pressure formed a multiple M-top structure, with sellers unanimously choosing this level to dump their positions

Featured#GateMoney正式上线 $BTC ‌10.7 Thursday morning market overview: BTC long position in slight floating profit + Is a Wyckoff market move emerging?
BTC formed a solid large bearish candle this morning, marking three consecutive bearish daily candles
Yesterday, I entered a BTC long position at 8.28 on the left side of the market and am currently in slight floating profit. As long as the stop-loss is not triggered, there is still a chance to wait for a rebound
U.S. stocks opened lower and continued falling. As of this morning’s close, the three major indices closed with slight adjustments, an

Featured10.6 Wednesday morning market overview: BTC long position secured 1,200 points
BTC closed with a long upper wick this morning, marking two consecutive bearish candles on the daily chart
Went long at 8.52 on the 5th; yesterday’s long position exited with 1,200 points secured. Going long at 8.52 twice in a row, both exited with perfect profits
BTC just broke below the effective supports at 8.52 and 8.44 with a large solid bearish candle, with the low wicking down to 8.35, a 1,700-point pullback
At the same time, 1H network-wide liquidations reached $207 million, including $206 millio

Featured10.5 Tuesday morning market overview: BTC short position took 1,500 points in profit, while the long position is slightly in floating profit
BTC formed a bearish candle with upper and lower shadows this morning, as bulls and bears battled back and forth

Opened a BTC short at 8.68; T1 and T2 were both reached, exiting with 1,500 points in profit. Then went long at 8.52, and the current position is slightly in floating profit
BTC is within an equidistant converging triangle. Whether rising or pulling back within the triangle, volume is declining, indicating a lack of market liquidit

Featured10.5 Monday market overview: Hynix SHKY long position secured 11 points and exited
SKHY Hynix went long with the trend after breaking through and stabilizing at 185.51. T1 and T2 were both reached, securing 11 points before fully exiting
SKHY is consolidating at 194.67. If the bullish butterfly harmonic pattern fully develops, with point D near 207.11, it means there is still a 7-point rise ahead
Although the long position at 185 has been fully exited, as long as the candlestick stabilizes at 194.67, chasing a long position with the trend can also add liquidity to the market
SKHY’s high since

Featured10.5 Monday Morning Market Overview: BTC Moves Higher in Consolidation, Bulls Continue
BTC formed a solid bullish candlestick this morning, marking two consecutive bullish daily candles; Wednesday closed with a large bullish candle, marking three consecutive bullish weekly candles
Yesterday morning, I mentioned going long with the trend after BTC broke above and stabilized at 8.52, with the final exit level at 8.68; conversely, short at the 8.68 resistance level. If you caught this rhythm, you profited on both the long and short sides
BTC is moving within a consolidating ascending tri