【Line Interpretation】
1. Intra-day Trading Range: Top around 904, Bottom around 844
2. Bull-Bear Watershed: Around 873 (currently bearish)
3. Trading Channel: No support, there is strong resistance between 873~879
4. Fibonacci: Bearish Fibonacci. You can short 6 positions, with entry points at: 854 (near current price), 863, 869, 875, 882, 894 (please use Fibonacci DCA to manage position leverage and take profit/stop loss, choose between incremental leverage or the same leverage)
【Intra-day Market Risk Interpretation】Whale Leading Risk Control Factor
1. Technical aspect: The current score is 0, and the risk of going long is high.
2. Whale positions: As of 8 AM today, the curve has significantly risen, and the buying power of whales in the spot market continues to increase.
3. M2 liquidity: Continues to decline, which is bearish for the macro environment.
4. Gamma wall: The market maker data has not changed; 85 is still the position protected by large funds, but it needs to be noted that if this position is lost, prices will drop to 80.
Comprehensive analysis shows an overall bearish trend. The risks today are similar to yesterday, so do not recklessly bottom fish; bottom fishing has counter-trend signals.
Brothers, this post may not be easily understood by those who are not whales; let it serve as a reference for learning below ⬇️
Whale Club: Building a robust cryptocurrency trading system for large fund users
