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Tonight's meeting is just like the last one—nothing happened at all...
So I think this market has to do what it has to do. As for the market, I believe we still should rebound and short. The levels of 6.0 and 6.1 are still strong resistance...
Since 58 was broken this morning, next the big bull run should still have another one-way move. Brothers, seize the opportunity—there won’t be many more chances for a one-way move.
On the monthly chart, it closed with a full solid line—how many people were disappointed? In last night’s livestream, it was clearly stated that 58,000 is definitely going to break. After it breaks, it will then be pulled back, and only once it jumps around near 6 is it in its normal operating range. For the brothers who entered after the live session last night, did you take profit?
Even if the opportunity is only a small-sized entry, don’t forget that high-altitude operations can’t be treated lightly. If you want to know the specific next steps, lock in the livestream at 12:00 tonight in Hongzhi’s room—we’ll reveal it together for everyone.
Come on, come on—who’s the one saying they want to play it long? Although I went short at 605 a bit early today, it’s still the right move as long as the market keeps falling. A rebound isn’t a reversal, and you didn’t forget the six-character mantra, did you?
There are still about 200 points below right now—brothers, do you think you can hold it? You can go short only after it rebounds up to that level. If the brothers who are feeling really anxious, let me know.
There’s a saying: in a bear market, you still have to short. The value of shorting from high levels is beyond doubt. Lately, it’s been shorting all the way and enjoying it.
Even though last night Ethereum was stopped out along the line from 1590 to 1611, and that’s a loss, later the big-bet short from 605 overnight single-position for about a thousand points still has some edge. Brothers, I think it’s time to close the position, and then wait for it to go back up before shorting it again.
I’ve found that the wave of people shouting “buy the dip” is back again. What’s up with that? Did the sideways market turn into a bottom just these last two days? I really feel like some people simply won’t give up.
We don’t know what they’re looking at. There isn’t even any rebound right now, and they’ve already started calling for buying the dip. That’s pretty impressive. Brothers and sisters, please keep your eyes wide open, and see the trend clearly.
A rebound isn’t a reversal; in the short term, the Americans also can’t digest the seemingly weak Lang Lang. And with the big bear still around, if the high-end isn’t empty, then when would it be?
Remember what we said on Friday—wasn’t it hard for the big pie and Ethereum to stand firm at 6 and 1.6? For now, I suggest continuing to hold that view and stay short from the high point
Want to see the news flow? Maybe this is the news at this point—Iran has denied it, so the big bear is still around; no complaints, right?
Actually, from the chart, it’s hard for BTC and ETH to hold steady at 60,000, and it’s hard for one to break 1,600. So what, still trying to bet on it now? Although the weekend is generally a sideways, range-bound period, don’t forget what happens when the weekend turns into a sell-off.
And the end of the month is coming soon—monthly candles will be closed. I think those who can stay calm should stay calm for now, watch how the market develops, and then decide. But “a rebound isn’t a reversal; shorting at the highs is the way to go”—I hope everyone remembers that.
Last night in the live room, the positions at 1575 are all closed now—did you put the money in your pocket, or are you still holding?
For BTC, we did the right thing by going with Ethereum, right? As soon as BTC starts falling, Ethereum will start to drop too. Also, that BTC limit order we placed last night for 60,000—who placed it? Give me the number.
Brothers who are eating profits, come talk—now everyone understands that compared to BTC, the better value is doing Ethereum, right?
A rebound is not a reversal; a reversal is not a reversal. It’s been two months already. Anyone who listened to Zhou Ge made money; anyone who didn’t and instead insisted on challenging themselves to open more now is all chilled. A big bear market—when it falls, it doesn’t stop.
Now the BTC is down to an unknown space below it. Compared with BTC, Xiaozhou here still recommends going for Ethereum.
Bitcoin just hit 59 again, so is this the bottom for BTC? Not really, the bear market is here and there are no real lows, so don't call a bottom too soon. Last night’s earnings report just gave us a temporary boost.
In last night's live session, we hit our target of 617 from the 600 long position. Did you all cash out? The short position is already set, and from here, it's all about continuing to short from these highs, keeping an eye on the depths below.
The earnings report you've all been waiting for has dropped, and Bitcoin just had a slight bounce back.
But let's keep it real, the key takeaway is that a bounce isn't a reversal. If you're holding high, it's time to short, like tonight, between 630 and 600, how many of you are riding this wave with me?
Just checked the charts and remembered that our 630 order from last night in the livestream has been filled. Next, if 62 breaks, it's pretty much a done deal.
A bounce isn't a reversal; we can short at these high levels. Can we get this mantra ingrained in everyone's minds?
Is the strategy for shorting during the bounce clear? Recently, we've been seeing bounces that aren't actually reversals. In this bear market, shorting during these bounces continues to be the most cost-effective play.
Last night, my bros and I stayed up past 3 AM, and Bitcoin didn't drop. We should all have bagged around 700 points or so. Next up, we can consider entering around the 64 area during the bounce. Let's trade it!