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鸿深

以诚之心,还彼之信。微博同名(鸿深)
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Bullish
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The short-term white plate has taken down 1000 points first, is the suggested entry around 86300 for a long position hitting the lowest point? Currently, the trend is somewhat volatile, and this operation suggestion remains valid before the U.S. stock market opens. Just keep making back-and-forth trades! #BTC #ETH
The short-term white plate has taken down 1000 points first, is the suggested entry around 86300 for a long position hitting the lowest point? Currently, the trend is somewhat volatile, and this operation suggestion remains valid before the U.S. stock market opens. Just keep making back-and-forth trades! #BTC #ETH
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Bullish
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12.17 Bitcoin Operation Strategy Analysis The road to success is not crowded because there are not many who can persevere to the end. When you want to give up, please tell yourself to hold on a little longer, because often this little bit of persistence brings you one step closer to your dream. During the price pullback process, it has never broken below the lower Bollinger Band support, forming a clear support rebound pattern. The strength of the short-term support below has been initially verified. Although the Bollinger Band has not yet reversed the downward trend, the price has left the weak area below the lower band after hitting the bottom, gradually approaching the middle band, highlighting that the short-term buying power continues to accumulate, and signs of upward price movement are becoming increasingly obvious. On the hourly chart level, although the market shows alternating fluctuations between long and short positions, the Bollinger Band has gradually shifted from a contraction to an expansion state. This pattern usually indicates that bullish momentum is being re-accumulated, and the short-term trend leans towards positivity. Based on the comprehensive analysis of signals across multiple time frames, the current trend, after a brief consolidation, is expected to continue its upward trajectory. Today's short-term operation suggestion for Bitcoin mainly revolves around the support area of 85300 below and the resistance area of 88000 above. During the day, a light long position can be arranged around 86300, leaving a 1000-point space for additional positioning, with a stop-loss set at 84800. The target looks at the 87800 level; if it breaks above 88000 and holds, it can be expected to continue upward; otherwise, a short position can be opened. #美国非农数据超预期 #BinanceABCs #BTC
12.17 Bitcoin Operation Strategy Analysis
The road to success is not crowded because there are not many who can persevere to the end. When you want to give up, please tell yourself to hold on a little longer, because often this little bit of persistence brings you one step closer to your dream.

During the price pullback process, it has never broken below the lower Bollinger Band support, forming a clear support rebound pattern. The strength of the short-term support below has been initially verified. Although the Bollinger Band has not yet reversed the downward trend, the price has left the weak area below the lower band after hitting the bottom, gradually approaching the middle band, highlighting that the short-term buying power continues to accumulate, and signs of upward price movement are becoming increasingly obvious.

On the hourly chart level, although the market shows alternating fluctuations between long and short positions, the Bollinger Band has gradually shifted from a contraction to an expansion state. This pattern usually indicates that bullish momentum is being re-accumulated, and the short-term trend leans towards positivity. Based on the comprehensive analysis of signals across multiple time frames, the current trend, after a brief consolidation, is expected to continue its upward trajectory.

Today's short-term operation suggestion for Bitcoin mainly revolves around the support area of 85300 below and the resistance area of 88000 above. During the day, a light long position can be arranged around 86300, leaving a 1000-point space for additional positioning, with a stop-loss set at 84800. The target looks at the 87800 level; if it breaks above 88000 and holds, it can be expected to continue upward; otherwise, a short position can be opened. #美国非农数据超预期 #BinanceABCs #BTC
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The idea of going long is still valid as long as the overnight non-farm payroll retracement does not break the support. Regardless of whether the entry point is good or bad, one can still gain around a thousand points. Recently, I have reduced the number of posts and focused on myself and my fans. I will provide today's short-term trading ideas shortly. Brothers with a confused mindset can refer to this. #BTC #ETH
The idea of going long is still valid as long as the overnight non-farm payroll retracement does not break the support. Regardless of whether the entry point is good or bad, one can still gain around a thousand points. Recently, I have reduced the number of posts and focused on myself and my fans. I will provide today's short-term trading ideas shortly. Brothers with a confused mindset can refer to this. #BTC #ETH
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Bullish
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Temporarily refrain from bearishness, relying on 85 support to look for buying opportunities The Bitcoin price stabilized after probing the 85 line last night, and the market has given two clear bullish signals: a morning star pattern appeared at the 85200 position on the 15-minute chart during midday, and a synchronous morning star signal emerged at 85200 on the four-hour chart. Although the four-hour morning star pattern is not perfect, the previous solid bullish candle has highlighted strong bullish power, suggesting that bearish traders should not rush to enter the market for the time being. Key attention should be paid to the ema2125 moving average resistance at the 88 line above; if it holds steady, the upward space may further open up. Evening operation strategy: if the support at 85 holds on a pullback, look for buying opportunities. #BTC
Temporarily refrain from bearishness, relying on 85 support to look for buying opportunities

The Bitcoin price stabilized after probing the 85 line last night, and the market has given two clear bullish signals: a morning star pattern appeared at the 85200 position on the 15-minute chart during midday, and a synchronous morning star signal emerged at 85200 on the four-hour chart.

Although the four-hour morning star pattern is not perfect, the previous solid bullish candle has highlighted strong bullish power, suggesting that bearish traders should not rush to enter the market for the time being. Key attention should be paid to the ema2125 moving average resistance at the 88 line above; if it holds steady, the upward space may further open up. Evening operation strategy: if the support at 85 holds on a pullback, look for buying opportunities. #BTC
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Yesterday's short-term long strategy has indeed been proven wrong by the market. Today, several old fans came to me, saying that the previous trades following the analysis posts were all successful, but last night they heavily went long and directly encountered a margin call. I really cannot emphasize enough: do not go in heavily! Do not go all in! Even if you have 100% trust in my analysis, you must never stake all your chips. In this market, those who can survive for a long time are the ultimate winners. To be honest, I also took a hit going long last night—there's never been a trader with a 100% win rate, and I am no exception. Lastly, I want to remind the old fans once again: it's fine to look at analysis posts, but be sure to follow rationally, manage your positions well, and never go in heavily! Many people also asked me how to view tonight's non-farm payrolls. I will post my insights later; friends with confused thoughts can take a look. #BTC #ETH
Yesterday's short-term long strategy has indeed been proven wrong by the market. Today, several old fans came to me, saying that the previous trades following the analysis posts were all successful, but last night they heavily went long and directly encountered a margin call. I really cannot emphasize enough: do not go in heavily! Do not go all in! Even if you have 100% trust in my analysis, you must never stake all your chips. In this market, those who can survive for a long time are the ultimate winners. To be honest, I also took a hit going long last night—there's never been a trader with a 100% win rate, and I am no exception. Lastly, I want to remind the old fans once again: it's fine to look at analysis posts, but be sure to follow rationally, manage your positions well, and never go in heavily!

Many people also asked me how to view tonight's non-farm payrolls. I will post my insights later; friends with confused thoughts can take a look. #BTC #ETH
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Bullish
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12.15 Bitcoin Operation Strategy The road to success is not crowded because there are not many who can persevere until the end. When you want to give up, please tell yourself to hold on a little longer, because often it is this little bit of perseverance that brings you one step closer to your dreams. On the four-hour level, the market is attacking the middle track of the Bollinger Bands after three consecutive bullish candles, the Bollinger Bands are narrowing, and the price has not broken the range. Although the middle track is gradually declining, the support is solid, and the lows are rising, indicating that the bulls still hold the advantage; the previous consolidation of consecutive bearish candles is a healthy digestion of profit, using time to exchange for space to relieve pressure, and the upward channel is intact. On the one-hour level, after the market adjustment, the price is running closely below the upper track of the Bollinger Bands, slowly rising in small steps, with higher highs and strong support, currently in a critical phase of accumulation. The overall market has entered a consolidation period, preparing for a subsequent trend breakthrough. The trading suggestion continues the afternoon strategy, supporting long positions above, and be sure to manage your defense. Trading Suggestions Bitcoin 88800-89300 long, target looking at 90800, 91800 #BTC #ETH
12.15 Bitcoin Operation Strategy
The road to success is not crowded because there are not many who can persevere until the end. When you want to give up, please tell yourself to hold on a little longer, because often it is this little bit of perseverance that brings you one step closer to your dreams.

On the four-hour level, the market is attacking the middle track of the Bollinger Bands after three consecutive bullish candles, the Bollinger Bands are narrowing, and the price has not broken the range. Although the middle track is gradually declining, the support is solid, and the lows are rising, indicating that the bulls still hold the advantage; the previous consolidation of consecutive bearish candles is a healthy digestion of profit, using time to exchange for space to relieve pressure, and the upward channel is intact.

On the one-hour level, after the market adjustment, the price is running closely below the upper track of the Bollinger Bands, slowly rising in small steps, with higher highs and strong support, currently in a critical phase of accumulation. The overall market has entered a consolidation period, preparing for a subsequent trend breakthrough. The trading suggestion continues the afternoon strategy, supporting long positions above, and be sure to manage your defense.

Trading Suggestions
Bitcoin 88800-89300 long, target looking at 90800, 91800

#BTC #ETH
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Bullish
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Are there still long positions? Currently, the bottom fractal structure on the hourly chart has appeared, and this wave of V rebound is inevitable. Brothers who still hold long positions can remain patient; the target remains unchanged at 91000 and 92000! Hong Shen's bottom position from last night is still being held, and a supplementary position of 1000 points has been added. Although it wasn't added at the best position, the current price level is also good, and the returns are quite considerable. #BTC #ETH
Are there still long positions? Currently, the bottom fractal structure on the hourly chart has appeared, and this wave of V rebound is inevitable. Brothers who still hold long positions can remain patient; the target remains unchanged at 91000 and 92000! Hong Shen's bottom position from last night is still being held, and a supplementary position of 1000 points has been added. Although it wasn't added at the best position, the current price level is also good, and the returns are quite considerable. #BTC #ETH
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Bullish
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The long position in the pancake bottom warehouse has been entered. It's a pity that I just went to eat during that moment and didn't cover it. #美联储降息 #BTC
The long position in the pancake bottom warehouse has been entered. It's a pity that I just went to eat during that moment and didn't cover it. #美联储降息 #BTC
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Bullish
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12.14 Bitcoin Trading Strategy Analysis The road to success is not crowded because there are not many who can persist until the end. When you want to give up, please tell yourself to hold on a little longer, because often this little bit of persistence brings you one step closer to your dreams. Currently, the market shows a stabilization signal with multi-timeframe resonance: the 4-hour level sees the price of the coin oscillating between the middle and lower bands of the Bollinger Bands, with bullish candles dominating the pattern, highlighting a strong oscillation trend. However, the three Bollinger Bands and the moving average are descending in sync, and the short-term directional choice window is approaching; the 1-hour level is more indicative, as last night the price of the coin dipped to the core support level around 89880, after which low-end buying surged, quickly driving the price back up, highlighting the firmness of the support. Subsequently, the market experienced alternating small K-lines, with volatility narrowing, and trading volume simultaneously decreasing, leading to a balanced consolidation period for both bulls and bears. Moreover, the Bollinger Bands continue to contract, and the KDJ values are in the oversold range around 30, combined with a consecutive bullish trend, increasing the probability of a short-term bull counterattack. Consolidation is an important preparation for trend initiation. The effective defense of core support and the gradual accumulation of volume will lay a solid foundation for subsequent upward movements. The trading advice continues with the previous strategy, based on the premise that the support at 88880 remains intact, focusing on buying on dips. Trading Advice Buy Bitcoin around 89500, target 91000, 92000 #BTC #ETH
12.14 Bitcoin Trading Strategy Analysis
The road to success is not crowded because there are not many who can persist until the end. When you want to give up, please tell yourself to hold on a little longer, because often this little bit of persistence brings you one step closer to your dreams.

Currently, the market shows a stabilization signal with multi-timeframe resonance: the 4-hour level sees the price of the coin oscillating between the middle and lower bands of the Bollinger Bands, with bullish candles dominating the pattern, highlighting a strong oscillation trend. However, the three Bollinger Bands and the moving average are descending in sync, and the short-term directional choice window is approaching; the 1-hour level is more indicative, as last night the price of the coin dipped to the core support level around 89880, after which low-end buying surged, quickly driving the price back up, highlighting the firmness of the support. Subsequently, the market experienced alternating small K-lines, with volatility narrowing, and trading volume simultaneously decreasing, leading to a balanced consolidation period for both bulls and bears. Moreover, the Bollinger Bands continue to contract, and the KDJ values are in the oversold range around 30, combined with a consecutive bullish trend, increasing the probability of a short-term bull counterattack.

Consolidation is an important preparation for trend initiation. The effective defense of core support and the gradual accumulation of volume will lay a solid foundation for subsequent upward movements. The trading advice continues with the previous strategy, based on the premise that the support at 88880 remains intact, focusing on buying on dips.

Trading Advice
Buy Bitcoin around 89500, target 91000, 92000
#BTC #ETH
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Bullish
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Market Analysis from the Perspective of Chan Theory: From the perspective of Chan theory on Bitcoin, the current weekly downtrend structure still exists. We are looking for smaller perspectives within a larger framework. Currently, we are in a buy-back pullback state within a weekly downtrend structure. It is crucial to note that it is still uncertain whether this upward movement has ended or not. Therefore, for this daily level rebound, the highest target is temporarily set around 98000. The MACD is still widening upwards during the process of the golden cross back to the zero axis, so the likely pullback of this upward movement has not yet ended. We need to wait until this four-hour level upward structure is completed before the market can better welcome a weekly downtrend. Now let's talk about Ethereum. From the four-hour level structure, Ethereum is in a level 1 uptrend, level 2 downtrend, level 3 uptrend, and level 4 downtrend. We are currently in a level 5 uptrend structure, and the same level breakdown does not show a backstab upward. Therefore, after a pullback, as long as it does not break below the lower edge of the center, we continue to look for buying points. At this time, we can use Fibonacci to determine rebound targets. For example, a weak rebound at 0.382 has reached the minimum target of 3440, and if it goes up stronger, it will be around 3700! Just like Bitcoin, once this upward movement is completed, the market will also welcome a weekly downtrend. So the large-scale weekly downtrend remains unchanged, but for short-term trading, it is crucial to look for smaller cycle periods within the larger perspective! This market analysis is only for teaching Chan theory and not as trading advice. Short-term trading requires real-time market analysis. Once the number of followers reaches a certain threshold, we will start live streaming to provide Chan theory market analysis. Thank you all! #BTC #ETH
Market Analysis from the Perspective of Chan Theory:
From the perspective of Chan theory on Bitcoin, the current weekly downtrend structure still exists. We are looking for smaller perspectives within a larger framework. Currently, we are in a buy-back pullback state within a weekly downtrend structure. It is crucial to note that it is still uncertain whether this upward movement has ended or not. Therefore, for this daily level rebound, the highest target is temporarily set around 98000. The MACD is still widening upwards during the process of the golden cross back to the zero axis, so the likely pullback of this upward movement has not yet ended. We need to wait until this four-hour level upward structure is completed before the market can better welcome a weekly downtrend.

Now let's talk about Ethereum. From the four-hour level structure, Ethereum is in a level 1 uptrend, level 2 downtrend, level 3 uptrend, and level 4 downtrend. We are currently in a level 5 uptrend structure, and the same level breakdown does not show a backstab upward. Therefore, after a pullback, as long as it does not break below the lower edge of the center, we continue to look for buying points. At this time, we can use Fibonacci to determine rebound targets. For example, a weak rebound at 0.382 has reached the minimum target of 3440, and if it goes up stronger, it will be around 3700! Just like Bitcoin, once this upward movement is completed, the market will also welcome a weekly downtrend.

So the large-scale weekly downtrend remains unchanged, but for short-term trading, it is crucial to look for smaller cycle periods within the larger perspective!

This market analysis is only for teaching Chan theory and not as trading advice. Short-term trading requires real-time market analysis. Once the number of followers reaches a certain threshold, we will start live streaming to provide Chan theory market analysis. Thank you all!

#BTC #ETH
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Bullish
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Bullish
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The multiple orders are still there, and I added another position at the same level, still maintaining the upward view. #BTC #ETH
The multiple orders are still there, and I added another position at the same level, still maintaining the upward view. #BTC #ETH
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Bullish
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The current price of the pancake is around 90800, and the fans have already been notified. Brothers who are still in cash positions should boldly enter at the current price! Just be careful with your position management. #BTC #ETH
The current price of the pancake is around 90800, and the fans have already been notified. Brothers who are still in cash positions should boldly enter at the current price! Just be careful with your position management. #BTC #ETH
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Bullish
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Analysis of the 12.12 Pancake Trading Strategy The road to success is not crowded because there are not many who can persevere to the end. When you want to give up, please tell yourself to hold on a little longer, because often it is this little bit of persistence that brings you closer to your dreams. Market Analysis and Trading Strategy From the perspective of multi-timeframe interaction, the daily price level touched the upper band and fell under pressure. For a short-term effective breakthrough, sustained momentum support is needed; after a morning peak at the short-term high on the 4-hour chart, it also faced a pullback, with the K-line forming multiple tops in resistance with previous highs, and the double bearish candlesticks dominating the market, although there is still some downward momentum within the day. However, the overall market is running above the middle band of the 4-hour Bollinger Bands, with all three bands trending upwards, the middle band providing support and the upper band providing resistance, indicating that the bullish trend has not completely weakened. The 1-hour level shows a strong oscillation pattern, with the Bollinger Bands opening wider. In terms of technical indicators, the KDJ indicator's K-line has formed a nascent golden cross below the D-line, and the J value is turning upwards from a low position, indicating strong short-term rebound momentum; the RSI is in the neutral to strong range of 50-70, not yet entering the overbought zone, suggesting that there is still upward space; the MACD fast and slow lines are below the zero axis and are turning upwards, with the volume bars continuing to expand, indicating that bullish momentum is still being released. Additionally, the linkage between the second pancake and the large pancake is significant, maintaining a synchronized trend. For short-term operations in the evening, the large pancake can be ambushed for long positions near the area around 91500, with the stop-loss point set below the middle band at 89500. During this time, a long position of 1000-1500 points can be adjusted once based on the increase, with target levels looking to reach 92500 and 93500 in batches! #BTC #ETH
Analysis of the 12.12 Pancake Trading Strategy
The road to success is not crowded because there are not many who can persevere to the end. When you want to give up, please tell yourself to hold on a little longer, because often it is this little bit of persistence that brings you closer to your dreams.

Market Analysis and Trading Strategy

From the perspective of multi-timeframe interaction, the daily price level touched the upper band and fell under pressure. For a short-term effective breakthrough, sustained momentum support is needed; after a morning peak at the short-term high on the 4-hour chart, it also faced a pullback, with the K-line forming multiple tops in resistance with previous highs, and the double bearish candlesticks dominating the market, although there is still some downward momentum within the day. However, the overall market is running above the middle band of the 4-hour Bollinger Bands, with all three bands trending upwards, the middle band providing support and the upper band providing resistance, indicating that the bullish trend has not completely weakened.

The 1-hour level shows a strong oscillation pattern, with the Bollinger Bands opening wider. In terms of technical indicators, the KDJ indicator's K-line has formed a nascent golden cross below the D-line, and the J value is turning upwards from a low position, indicating strong short-term rebound momentum; the RSI is in the neutral to strong range of 50-70, not yet entering the overbought zone, suggesting that there is still upward space; the MACD fast and slow lines are below the zero axis and are turning upwards, with the volume bars continuing to expand, indicating that bullish momentum is still being released. Additionally, the linkage between the second pancake and the large pancake is significant, maintaining a synchronized trend.

For short-term operations in the evening, the large pancake can be ambushed for long positions near the area around 91500, with the stop-loss point set below the middle band at 89500. During this time, a long position of 1000-1500 points can be adjusted once based on the increase, with target levels looking to reach 92500 and 93500 in batches! #BTC #ETH
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Bullish
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Clearly and explicitly analyze the entry points, replenishment points, and stop-loss points! If you say you don't understand, then I will remind you at the current price to buy near the big pie at 89500! Additionally, I suggest looking at 91500 and 92500! Isn't it like feeding you directly?
Clearly and explicitly analyze the entry points, replenishment points, and stop-loss points! If you say you don't understand, then I will remind you at the current price to buy near the big pie at 89500! Additionally, I suggest looking at 91500 and 92500! Isn't it like feeding you directly?
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Bullish
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Everyone cheers! This is the charm of the wave. Just hold on to it and you'll reap big rewards. The big orders from last night, 91500 and 92500, have all been reached, even exceeding expectations by spiking to 93500! Everyone cheers for the big rewards! #BTC #ETH
Everyone cheers! This is the charm of the wave. Just hold on to it and you'll reap big rewards. The big orders from last night, 91500 and 92500, have all been reached, even exceeding expectations by spiking to 93500! Everyone cheers for the big rewards! #BTC #ETH
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Bullish
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The short-term long position layout in the evening has provided around 1000 points of space. Some fans have completely taken their profits to rest and sleep, while some friends have taken half of their profits and are looking at the pattern in sync with Hongshen. The process of making waves is definitely agonizing; you constantly watch the space oscillate back and forth. But only by firmly looking at the target can you get your share! #BTC #ETH
The short-term long position layout in the evening has provided around 1000 points of space. Some fans have completely taken their profits to rest and sleep, while some friends have taken half of their profits and are looking at the pattern in sync with Hongshen. The process of making waves is definitely agonizing; you constantly watch the space oscillate back and forth. But only by firmly looking at the target can you get your share! #BTC #ETH
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Bullish
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Currently, the big pie has reached the long position range we provided, and the current price of the big pie is around 89500, you can go long at will, looking up to 91500 and 92500! I have also adjusted my long position and continued to hold with an average price looking up! #BTC #ETH
Currently, the big pie has reached the long position range we provided, and the current price of the big pie is around 89500, you can go long at will, looking up to 91500 and 92500! I have also adjusted my long position and continued to hold with an average price looking up! #BTC #ETH
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Fans say they still don't know where to enter after reading the analysis post... Then let's show the current price order, just go long at the current price directly! #BTC #ETH
Fans say they still don't know where to enter after reading the analysis post... Then let's show the current price order, just go long at the current price directly! #BTC #ETH
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Bullish
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12.11 Pancake Trading Strategy The road to success is not crowded, because there are not many who can persevere until the end. When you want to give up, please tell yourself to hold on a little longer, because often it is this little bit of persistence that brings you closer to your dreams. From a technical perspective, all cycle indicators are releasing bearish signals. The daily Bollinger Bands are opening, with prices previously under pressure from the upper band. After a large bearish candle was formed yesterday, prices returned to operate below the upper band, indicating strong resistance above. The intraday outlook remains bearish, and it is recommended to primarily short on rallies at high positions, with a short-term target to focus on the 87500 position where MA10 is located. If this position is effectively broken below, further downside space will open up. The 1-hour chart shows a trend of 5 consecutive bearish candles followed by 2 bullish candles, with the Bollinger Bands contracting, indicating that there is a certain rebound demand in the short term, but the space is relatively limited. It is important to pay attention to the resistance around the mid-band at 94000; a direct short can be executed upon the first touch of this position. If the Bollinger Bands open downwards during the day, BTC prices are expected to decline further, and if 88500 is broken, the target can be set at 87500. The 2-hour chart shows the Bollinger Bands contracting and opening downwards, with a bearish cross star forming in the upper region during the morning, indicating a clear bearish reversal signal. It is recommended to short at any high position during the rebound, with the overall trend still primarily bearish for the day. On the 4-hour chart, previously BTC continuously broke through previous highs, with both the daily and 4-hour MACD running above the zero axis, but currently, the DIF and DEA on the 4-hour chart are gradually converging, indicating a weakening momentum and further confirming the correction viewpoint. For intraday short-term operations, it is advised to sell high and buy low, operating around the 89000-93500 range. Pancake can be positioned with light long orders near 89500, with targets looking at 91500 and 92500. If there is no continuation of momentum, a direct reversal short can be taken near the 92500 area, with the short target around 90500. The upper support level is at 94500 and the lower support level is at 87500. If either of the two critical points is broken, there will likely be a continuation, so the pancake long and short positions can use this level for stop-loss defense! #BTC #ETH
12.11 Pancake Trading Strategy
The road to success is not crowded, because there are not many who can persevere until the end. When you want to give up, please tell yourself to hold on a little longer, because often it is this little bit of persistence that brings you closer to your dreams.

From a technical perspective, all cycle indicators are releasing bearish signals. The daily Bollinger Bands are opening, with prices previously under pressure from the upper band. After a large bearish candle was formed yesterday, prices returned to operate below the upper band, indicating strong resistance above. The intraday outlook remains bearish, and it is recommended to primarily short on rallies at high positions, with a short-term target to focus on the 87500 position where MA10 is located. If this position is effectively broken below, further downside space will open up. The 1-hour chart shows a trend of 5 consecutive bearish candles followed by 2 bullish candles, with the Bollinger Bands contracting, indicating that there is a certain rebound demand in the short term, but the space is relatively limited. It is important to pay attention to the resistance around the mid-band at 94000; a direct short can be executed upon the first touch of this position. If the Bollinger Bands open downwards during the day, BTC prices are expected to decline further, and if 88500 is broken, the target can be set at 87500. The 2-hour chart shows the Bollinger Bands contracting and opening downwards, with a bearish cross star forming in the upper region during the morning, indicating a clear bearish reversal signal. It is recommended to short at any high position during the rebound, with the overall trend still primarily bearish for the day. On the 4-hour chart, previously BTC continuously broke through previous highs, with both the daily and 4-hour MACD running above the zero axis, but currently, the DIF and DEA on the 4-hour chart are gradually converging, indicating a weakening momentum and further confirming the correction viewpoint.

For intraday short-term operations, it is advised to sell high and buy low, operating around the 89000-93500 range. Pancake can be positioned with light long orders near 89500, with targets looking at 91500 and 92500. If there is no continuation of momentum, a direct reversal short can be taken near the 92500 area, with the short target around 90500. The upper support level is at 94500 and the lower support level is at 87500. If either of the two critical points is broken, there will likely be a continuation, so the pancake long and short positions can use this level for stop-loss defense! #BTC #ETH
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