Btc long position was accurately entered at 88500, the lowest point was around 88450, so the long position was accurately entered, and there is currently a profit of about a thousand points, you can set a break-even stop loss to continue the pattern!
The small level of ETH shows signs of stopping the decline. After a short period of consolidation to repair the indicators, it is expected to rebound soon, so I am preparing to go long. The bearish pattern continues to shrink in volume, indicating that the probability of breaking below the short-term low is very small. Additionally, there was a spike in the early morning that quickly returned, showing that there is ample capital for bottom-fishing here, which can be interpreted as a signal to stop the decline.
Then, the rebound strength at the 1-hour level is relatively weak, and it is estimated that there will be another wave of downward probing, which can be understood as a second bottoming at a small level. The target price is expected to be in the range of 2930-2900, so the plan is to enter long in this range. The defensive reference can be the low point of this short-term spike, and if my prediction is correct, there will be a profit of about two to three hundred points.
Btc has been continuously declining in the short term, with signs of stabilization at a lower level. During the early hours, a spike occurred but was largely recovered, so a period of short-term fluctuation will likely build a bottom. On the 4-hour level, one can wait for a divergence to enter a long position.
The target entry point is approximately around 88500u for long orders, which is near the dividing line of the second bottom exploration. For defense, one can refer to the recent short-term low. If successfully entered, there could be a profit of around three thousand points or more, which is worth a gamble.
The short-term decline of ETH has accelerated again, with minimal rebounds at smaller time frames, so long positions have also been hit. The current price has reached the starting point of the previous wave's increase, which is near support, belonging to the support around the previous low of 2900. Pay attention to whether this level can hold.
The gains of the past month have basically all been lost in the past two days, and currently, no signs of a stop in the decline have appeared. If it breaks below 2900, it may drop to the range of 2750-2730, so be patient and wait for signs of a stop in the decline before entering long positions. The cost-effectiveness of chasing after gains is not high, and a quick rebound could happen at any time.
Btc has directly broken through 90,000 in the short term, and the small level has broken. The long position I took last night has also hit the stop loss. Initially, I anticipated a rebound of two to three thousand points when it pierced 90,000, and then planned to short, but it unexpectedly dropped directly down.
Currently, it has basically broken down, with support in the range of 86,000 to 85,000. Pay attention to this range; if it can hold, I will consider re-entering to take a long position. If it breaks down, I will continue to observe, temporarily waiting for a stop loss signal. Currently, it continues to decline without a stop loss signal appearing. Although there is a demand for a rebound at the small level, if the strength is weak, it may pierce again.
The trend of ETH is basically as I predicted, the downward movement in segment c indeed extended, and after a small-scale fluctuation, it accelerated downwards again. Currently, there is no sign of a bottom yet, but the decline shouldn't be too much.
Referring to the three downward movements, the current segment c belongs to the strongest downward force. However, the low is expected to be at 3050, corresponding to the golden ratio position, so I plan to place an order at 3062 to go long, which is also the previous support area with strong support strength. Moreover, the selling pressure in this accelerated downward movement has mostly been digested. If we see another low, we will start to see a rebound. If we can get in on the long position, the profit will be at least a hundred points or more.
Btc briefly broke the small support and accelerated downward again. This wave is probably the last segment of the accelerated decline. Yesterday's prediction was that after breaking the small-level support, it would accelerate down to around 90,000. Currently, the low point is around 90,700. From a small-level perspective, it is almost about to reach the bottom.
Moreover, this segment of the rise has basically all retraced. The support around 90,000 still belongs to a strong support position, and there is a high probability that after touching it, a stop-loss signal will appear. So I am preparing to place orders in batches near 90,000, adding positions at 898 and 895. After this kind of accelerated decline stops, it is easy to see a rebound, and if the low point prediction is correct, there will be at least one good profit wave, which might directly bounce back to around 92,500.
The ETH movement can be considered a standard top formation. After the first peak, there was a consolidation phase followed by a false breakout to form a secondary peak, then a rapid decline. This type of secondary peak is typical of such formations and represents a very standard topping head-and-shoulders pattern. According to wave theory, this is an ABC decline in three phases.
The first wave belongs to the A phase of the decline, followed by a B wave rebound, and then the C phase which is the ultimate acceleration downwards. Currently, we are in the C phase of accelerated decline. Judging by this pattern, the first low is basically in place, with the benchmark division line around 1.618. However, as it stands, no bottoming signal has emerged yet, so an extended C phase decline may occur, ultimately leading the low back to the original strong support level around 3050.
Currently, the focus is on the small support level at 3150. If it can hold, a bottoming signal may appear. If it breaks down, the next target is likely in the 3050-3030 range, so it is advisable not to enter long positions for now and continue waiting for the low to emerge.
Update on BTC analysis: after a short-term peak signal appeared, it dropped directly. Of course, aside from the patterns, it was mainly the impact of news and tariffs that caused the drop. If there were no news impact, it would still have dropped, but the news accelerated it.
Although the price fluctuated for a few days, showing strong signs, this kind of movement is a sign of a strong last effort, because after the small-scale indicators were digested, the price did not show an increase. Instead, the larger-scale golden cross trend was slowly digested, so prolonged high-level fluctuations are very unfavorable for an increase.
This wave can also be considered a missed opportunity, because at that time, the prediction was that it would reach a high point or a second high point before coming down. Therefore, the suggested short order at 98,000 was not executed and fell directly under the influence of the news.
Currently, there is still no signal of a stop in the decline. This upward trend has temporarily ended. Next, pay attention to the area around 90,000. If the small-scale drops below 92,000 again, the next target will be 90,000 or even lower. So for now, avoid taking long positions; the current price-performance ratio is not high. It would be better to wait for the next low point to consider entering long.
Btc limit order at 98,000 to enter short, Eth at 3385 limit order to enter short, very good value position, profits will be excellent if the prediction is correct. Both are near short-term highs; even if broken through, a long wick is likely to form before reversing down. Therefore, short positions are highly likely to be caught. Feel free to short!
Still holding to yesterday's view, the short-term trend is somewhat strong. If it doesn't fall here, it might test another peak or second-highest point before declining. Keep waiting for the opportunity!
After breaking through the ETH triangle pattern, the price accelerated upward. There was a short-term consolidation at a high level, but the general trend has been a sideways movement replacing a decline. Indicators are now digesting again. It's likely there will be another acceleration upward.
Currently, it's still a bit away from the previous high. The price may directly break through and then reach a new high, expected in the range of 3480-3500. At the current level, we won't consider chasing the rally. On the 4-hour chart, the bullish momentum has started to show decreasing volume, so after reaching a peak, it may drop directly. Those looking to enter short positions at a high level can place limit orders around 3480u. This is the current strategy.
Update on BTC analysis: the price has been continuously rising recently. Although the short-term level is showing divergence, after the consolidation phase replaced the downward movement, the price surged again, clearly indicating strong bullish momentum. Yesterday, those who shorted at the high level expecting a pullback before reversing to go long didn't see much pullback, so it's better to wait for a better opportunity to consider entering a short position.
Currently, we are still in the upward phase following a breakout from the triangle pattern, and the top hasn't been reached yet, suggesting that another higher peak is likely to form. The current structure shows signs of an ascending wedge, provided the recent high around 98,000 is broken.
Once the recent high around 98,000 is broken, the price will likely accelerate upward again, with the peak probably reaching around 100,000 before starting a downward trend. Therefore, it's advisable to wait for confirmation of the pattern before taking action. The risk-reward ratio for going long is no longer favorable; instead, consider entering a short position only after a top signal appears. For now, place a limit order at 100,000. If the market weakens, it might reach a minor peak or second-highest peak before reversing downward.
Eth spot order has been run, the market trend is so strong, it's expected to accelerate further, just still near the cost price, I'm out! The big pie might touch 100,000, wait until it goes up to find a chance to act
btc short positions were hit, eth short positions are slightly profitable, the recent rebound last night directly hit a small high point, but btc stop-loss was set too close, so it was stopped out at 97k!
Btc's short-term triangle pattern broke through directly, basically as I predicted. However, I didn't get long positions, otherwise I would have made a big profit. Currently, the momentum appears quite strong, but the rapid acceleration has already been completed.
Next, wait for a secondary high point to enter short positions. The expected entry range is 95.5k-96k. You can open a position at current price as the initial entry, then add another position at 96k. The target is temporarily set at 91k. After a brief consolidation forming a secondary high, it may drop sharply. The triangle pattern is basically complete. Although there are signs of reversal on the daily chart, the current price is on the upper trendline of the ascending wedge, so it's worth taking a short position.
why yesterday a single needle drop wiped out most positions, currently the open interest is rising again, probably the big players will continue to push up the price, with a small market cap it won't end quickly, so taking a risk, planning to go long at around 0.000019, if it can V up, that would be amazing!