Bounce back 3,000 points! Will Bitcoin keep rising? Where can you short Ethereum? Let’s take a look with Qin—quickly.
1. First, let’s talk about Bitcoin. At the moment, the probability of a rebound is still higher. Although it broke below the bottom twice, it couldn’t go lower and then recovered. That in itself is a strong signal. So how should we trade?
2. BTC has already hit our first rebound target: the 61,000 resistance zone. And it’s come up to it twice already. For the third time, we won’t short, because it’s very likely to break through. We can short just below the next resistance—around 62,700; for example, short at around 62,500. The resistance here is quite strong. You can also sell and take profit from the spot entries you bought at the dip earlier.
3. As for support: a good long entry range is around the previous low, roughly 59,000 to 58,000. When it reaches that area, I’ll add a position and take a look again. Since the market has fairly high randomness right now, it’s better to go long at strong support levels, and short only at relatively higher resistance levels—this gives a bigger chance of winning.
4. For ETH: resistance is around 1,600. This is something Shu Qin also mentioned yesterday (as shown in the image). We shorted here for the second time, and when it dropped to 1,570, we took profit at the small support—no problem with that. Then the next strong resistance for ETH is around 1,680, and support is around 1,520. Once it reaches these levels, you can go long or short with a position.
5. Also, over the past few days, Shu Qin has guided everyone to buy the dip at the bottom and short at 61,000. I don’t know what happened to others, but the babies who followed my trades should have made quite a bit. Congratulations everyone—let’s keep it up. Daily trades~
Can’t go down—so it can only rise? Is a major Bitcoin rebound coming? Why is Sol so strong? Take a look now.
1. First, let’s talk about Bitcoin. Shu Qin found that there is now a large amount of capital starting to buy the dip. Early this morning, US stocks plunged, but Bitcoin couldn’t drop further—this is a positive signal. So the question is: will Bitcoin rise again?
2. Yes! And the opportunity is quite big. For earlier resistance levels, look at 61,000 and 62,700. In particular, 62,700—near that level, you can take some profits on spot positions, or even short just one contract. As long as US stocks don’t hold things back too much, I think BTC has a chance within a few weeks to rebound and range up to the 67,000 neckline.
3. Then, what Shu Qin likes most: Solana (So-nana) has been strengthening recently. First, because it really is an excellent asset. $BTC broke below the previous low, while $SOL is far off—there’s “follow the rise but not the fall.”
4. Second, because OpenAI’s new model is literally named Sol. It’s like an interconnection with Solana across the board, making the topic extremely hot. Congratulations to the babies who bought the dip on Sol—our efforts haven’t been in vain. Buying the dip around the 60s, a move back to the previous high at 300 could be 5x. If it breaks down further to 400, that would be 7x!
5. Besides that, Shu Qin also had everyone buy the dip on one lot at $ETH , as shown in the picture. For those who bought above 1520, it happens to be very close to the bottom area. Also, last night we shorted one lot at the very top near 1595, taking a 30-point profit—so good. We keep operating every day~
Urgent! If Bitcoin breaks below the previous low, will it go down to 40,000? Key indicators show divergence—institutions are moving! An important update from SK hynix: it’s about to list in the U.S. Will the semiconductor sector rally hard as a result, or fall? Can Micron MU be a buy-the-dip opportunity? Whatever you do, don’t misjudge. Looking back at history—how did Bitcoin perform in July? Will it rise?
Is something big about to happen with Bitcoin? The bottom is being broken through—does this signal further declines, or is it a prelude to a rebound? Come take a look.
1. First, the conclusion: the turning point is approaching. As shown in the chart, Bitcoin’s current movement is very classic: it’s consolidating downward, slightly breaking below the previous low but then reclaiming it. This very likely signals that a bottom reversal is near! But is that really the case?
2. Yes—there’s an 80% probability it’s like that. In the chart, the green circled areas show Bitcoin’s走势 during several major bottom formations. The price at $BTC keeps making small lower lows; it breaks below the prior low, but the bears can’t push it down too far. That indicates very strong buying pressure, which is a characteristic of bottom-building.
3. Conversely, the red circled areas in the chart are a classic pattern of a downside continuation. After the sharp sell-off, the price consolidates upward, but it doesn’t dip out a new low with a small breakdown. In the end, the result would be another sharp plunge downward.
4. And right now, Bitcoin’s pattern is repeatedly breaking below the previous low. First it broke below 60,000 and then rebounded. Then it broke below again—down to 59,000—but didn’t keep falling, and then it rebounded. Last night, 58,000 did the same thing: it bounced back above 60,000. This is actually a decent signal. Longer-term, the focus is on a rebound. Once the selling pressure from these two weeks is over, things should look pretty good.
5. So for Bitcoin and other smaller coins, we can consider buying on dips. Yesterday, Shu Qin told everyone to catch the bottom—wondering if any of you did. Today it already bounced up by several thousand points. Even if you just scalp back and forth for a short-term swing, it’s possible. Honestly, compared to the crypto market, I’m more worried that the U.S. stock market is about to crash—because it’s already risen too much.
6. If you hold semiconductor stocks, you can choose to take some profit on strength. Back when Shu Qin called out Micron 800 in May—shorting down to 700 and then reversing to catch the rebound—everyone probably still remembers that. Now, a month later, the $MU you hold has risen by 70%. That’s enough to “make a Tesla”—I think we’re pretty much there. If there’s a good opportunity, we’ll take action again~
Bitcoin has fallen below 59,000, and my feelings are quite complex. But overall, it’s something worth celebrating. This drop could be pretty significant; the remaining 50% of my position is ready to buy the dip.
Brave souls get to enjoy the world first! Bitcoin's double bottom bounce, how high can it go? Can it hit 67k? Let's check it out.
1. Every double bottom holds infinite possibilities. Bitcoin dropped to a previous low of 59k last night, and theoretically, it has a chance to bounce back to the neckline at 67k, which would be a sweet spot for selling. So, the question is, can it reach that?
2. There's definitely a probability! But even if it can hit that mark, it won’t shoot up instantly. So, we should consider a staggered take-profit strategy to reduce uncertainty, taking profits near each resistance level. If it retraces, we can buy back at a lower price, minimizing risk and potentially earning more.
3. As for resistance, it’s crystal clear: it’s just below 63.2k and around the neckline resistance at 67k. At these two spots, besides selling some spot, we can confidently short a bit, and a 2% pullback shouldn’t be a problem.
4. Additionally, the previous support at 62.3k will turn into a bounce resistance. So if you’re using leverage or have a heavy position with a lot of spot bought, you might consider selling some near 62k. If it retraces, you can buy back. If there’s no retrace, that means it’s going up, and other positions will appreciate, while holding onto USDT to trade contracts daily is also a sweet deal.
5. So, when Bitcoin crashed yesterday, we entered at 60k, buying what others were too afraid to touch. As shown in the chart, we’ve planned our exit; we can add to our position at the next support of 56k. Once the bounce comes, we’ll be in profit. No losses here, using the safest spot trading, why not give it a go! We’ll hit it hard whenever there’s an opportunity~
Wall Street is freaking out! Funds are significantly offloading, is a global market crash inevitable? What has got fund managers so rattled? Bitcoin is at a critical level, is it time to stack up or take profits and exit? Micron MU and SanDisk SNDK have plummeted 15%, is this a good time to dip buy? How much longer can semiconductors keep climbing, the situation is beyond expectations...
Not looking good... Is Bitcoin heading for a downtrend? Can we buy the dip now? Let's take a look.
1. As shown in the chart. BTC had a solid rebound in the last two weeks, with higher lows and higher highs, surging over 12%. But! Everything changed drastically starting yesterday, with a failed breakout. Is this the end of Bitcoin's upward momentum?
2. Actually, there's still a glimmer of hope for BTC's movement. The support around 62k is quite strong; it held up during the Korean stock market crash. Bitcoin itself isn't the issue, but if U.S. stocks experience another crash like yesterday, BTC may not hold the 62k level, and the support might have to drop back to the previous low of 60k.
3. However, this situation hasn't occurred yet; Bitcoin is still holding at 62k. In times like this, I wouldn't recklessly go long on contracts because the risks are indeed higher, but we can hold spot. With Bitcoin just over 60k, Solana over 60, and ETH over 1600, these are pretty solid prices.
4. So I'm planning to buy some spot that won't get liquidated to test the waters; if it goes up, I'll profit, and if it drops, I'll just be stuck for a while. Anyway, I won't lose since we got out at the top around 67k. Theoretically, any buy below 67k is profit, and our previous exit at the high gives us a lot of confidence.
5. As for U.S. stocks, SPCX is crashing as expected, dropping to the 140s; any substantial rebound can be shorted again. For instance, at 170+, we can re-enter our first short position, and remember to set a precautionary buy order at 190 to average down and recover. We won't lose anything. If it doesn't go up and drops directly, then we'll make a killing.
6. We've never lost shorting SPCX, 4 wins out of 4, with 1x long-term positions, entering in batches. Currently, Bitcoin is all about spot trading, using different leverage for different situations because position management is just as crucial as trading itself~
Is the market crashing? South Korean stocks have circuit broken, plummeting 10%! Bitcoin has tanked, erasing all gains. What’s next?
1. Let's first discuss why the drop: it’s a classic case of ‘made by Korea, broken by Korea.’ The South Korean stock market has skyrocketed nearly 5 times in just a year, soaring from 2200 points to almost 10,000. Meanwhile, the Nasdaq 100 index has also hit the 30,000 mark. So why the drop?
2. I checked, and there’s no sudden negative news; it’s simply a case of overextension hitting psychological levels: specifically, the KOSPI at 10,000 and the NDX at 30,000. Each time the indices approach these psychological levels, we see a decent pullback.
3. I’m quite worried about the U.S. stock market right now. Both the S&P and Nasdaq have formed a double top, which we've been discussing in our recent videos. If this double top can't be breached soon, we might be in for trouble. Bitcoin has been affected as well, challenging the strong resistance at 65.3k but failing to hold, leading to a sharp decline.
4. The outlook for Bitcoin isn’t too bright since it has created a lower low; the previous low was 62.3k, and today it’s at 61.9k. I think it’s best to play it safe. If you’re in contracts for a long position, consider taking profits during any minor bounce and watch the market. For now, sticking to spot buying seems wise, as it won't lead to liquidation, and long-term we’ll definitely profit.
5. When you think about it, a downturn in the crypto market can actually be a good thing because we have a 40% position waiting to buy in when it dips to the 50k range. If that happens, I would actually be more pleased because the lower the price during a bear market, the more we can profit in a bull market.
6. As for contracts, I've had everyone short at 65k these past few days. As shown, this has indeed paid off well, but I took profits at 63.6k. Then I opened a long position at 62.4k, which doesn’t look great now, so I’m opting to break even and just hold spot for now. We’ll look for better entry points for contracts and adjust our strategy in real-time.
Bitcoin is skyrocketing! Can this surge really hit 80k? After checking the institutional holdings, I'm stunned... Gold has been on a downtrend for six months, is it finally at the bottom? Let me share my gold positioning strategy. Is SPCX about to face some massive bearish pressure? Can we short it? Come and take a look fast.
Is Bitcoin struggling? Failed to break through 65k! Is the bullish trend about to end? How should we operate now? Let’s take a look quickly.
1. First, let’s talk about short-term strategies. The 65k resistance for Bitcoin is really strong; not breaking through on the first try is pretty normal. It’s likely we’ll see a second test, and if it breaks, Bitcoin will probably hit 70k. So, the big question is: can we long now?
2. Yes, we can! But let’s be conservative. A good entry point to long would definitely be our old friend at 62.3k, where we’ve already gone in once; we can give it another shot on the second attempt. More aggressive traders might want to look at 63.3k, where there’s some minor support, so you can try a small position there.
3. The rebound trend for Bitcoin looks decent, but I’m a bit worried that if the US stock market rallies too much, it might pull the crypto market down. We’ve already shorted near 65k, and the second time around, the effectiveness will be less, so we can only short with a small position. For a safer play, consider shorting near the previous high at 67.3k.
4. Honestly, for swing trading, our personal bias isn’t that crucial. As long as there’s strong support, we can go long, and when we hit resistance, we can short. Even if it’s a genuine bullish or bearish trend, there will always be pullbacks or consolidations along the way.
5. I’ve been telling everyone not to rush into shorting at 63k; be patient and wait for around 65k to short. As shown in the chart, we did enter a short here, then snagged 1000 points. A few trades daily, and the profits come rolling in. As long as you know what you’re doing, there are just as many money-making opportunities in a bear market as in a bull market.
The rebound continues! Bitcoin bulls are gathering to attack 65k. Can it go higher? Will it bounce to 70k? Let's take a look.
1. First, let's talk about the short term. Not shorting Bitcoin at 64k yesterday was the right call, and sure enough, it's rebounding today. But now that the price is near 65k, I'm not as bullish anymore. Is the rally about to end for Bitcoin?
2. Don't jump to conclusions just yet! Let me share my thoughts. Bitcoin dropped from 67.3k to 62.3k, and a natural rebound of over 2,000 points is highly probable. We've been good to go with our big positions here. However, hitting 65k presents the first test, as there's strong resistance.
3. If it can't break through here, then this rebound is just a minor one. So, I'm keeping an eye on 65.3k as a critical level. Regardless of whether it can break through or not, it doesn’t stop us from short-term arbitrage. We could short near 65.3k and grab around 2% profit on a pullback, then watch to see if it can eventually break through, adjusting our strategy accordingly.
4. So for short-term arbitrage, there’s no need for too much subjective judgment. When we encounter strong resistance, we can short one lot, and when we hit strong support, we can go long one lot to catch a rebound. Opening trades backed by support and resistance gives us over an 80% win rate, and the risk-reward ratio is solid. If there’s a minor breakout, we can just take a small loss and exit.
5. I believe everyone got in around 62.3k support, as shown in the chart. That day, I bought back a position of 1 million. After escaping the top at 67k, we chose to re-enter at 62.3k, making a 5,000-point swing. The logic is clear, and the plan is straightforward, executing trades daily~
Hey fam, we did it! Bitcoin has made a comeback and is starting to bounce back. Will it keep rising, and where can we short? Let's dive in.
1. BTC has really danced with the reaper, but at 62.3k it's finally started to reverse. This is a super bullish signal. Short-term resistance is around 64k, and it might be wise to take profits on longs near this level. So, the question is, can we short?
2. Not so fast! I think there’s no rush to short just yet. I'm leaning towards taking a short below the bigger resistance at 65.3k. The 64k resistance might not be that strong, and I think this spot is better suited for taking profits on longs. I’m not in a hurry to flip to shorts; after all, we’ve already banked on this bounce. Watching from the sidelines for now is totally cool. If it does dip, I might consider catching another bounce at 62.4k.
3. As for the US stocks, $SPCX is a pretty stable shorting ground. Wait for it to bounce back to 190-200, then you can short 10% of your position with 1x leverage, and close the short near the previous high of 220. With 1x leverage, you won’t get liquidated, and you'll end up with substantial gains when it eventually drops.
4. We’ve already successfully taken profits on shorts four times before; this is our fifth mission with SPCX. We’re just waiting for the Musk fans to push it up, and then we’ll hit them hard! The US stocks will start seeing massive unlocks soon, and it’s not us 1x shorts who should be panicking, but those retail traders chasing the highs. As long as you’re not greedy with multipliers, you’ll end up winning big.
5. And for the $BTC longs, we entered precisely at 62.3k. Whether it was my post about buying 1 million in spot yesterday or the contracts shared in the chart, I’ve brought everyone in. Even if you entered early at 63.3k or so, you’re still sitting on nice profits now. Thanks for trusting me; this wave has been smooth sailing, and we’re taking it down again!
Bitcoin's in trouble! MicroStrategy's financial products are significantly decoupling. Is this the prelude to a crash? Will BTC drop to 40k? Three institutions have jumped in urgently; are they bottom-fishing or bailing out? Important opportunity, which coin to stack in this bear market for massive gains? I'm eyeing it! It has the potential to pump 15x, it's worth a shot...
Let's go for another million! I've added to my position. Bitcoin is in a freefall, where's the bottom? How to play this? Hurry and check it out.
1. BTC is looking pretty grim, with a massive drop. The Nasdaq soared up 2% yesterday, but the crypto scene is like a fallen hero, just keeps crashing, currently hitting the 62.3k support level. So the question is, can we scoop some up now?
2. Of course we can! We previously sold at 67k, so we gotta buy back. Honestly, buying back below 67k is already a win, but 62.3k has decent support, we mentioned this level a few days ago. As promised, I bought back some BTC spot here, just like in the chart.
3. Sure, the 60k level has stronger support, but 62.3k and 60k are pretty similar; aiming for 180k later, these two levels are not much different. What if BTC drops below 60k? Well, we just go all in! Our plan is to buy 50% of our positions across various coins at 60k, then go all in when it hits the 50k range. Not worried about the drops, just worried if they don’t come!
4. With a full position between 50k and 60k, we'll be raking in profits during the bull run, just waiting to count the cash. BTC could net us about 3x, while ETH and Sol could see 4-6x returns, which is pretty solid given the maturation of crypto assets; after all, the average annual return for the stock indices is just around 10-20%.
5. On top of that, we've seen some good fortune with SPCX shorts, finally seeing the light. We're not being greedy, just a 1x long-term play, entering in batches. As shown, I shorted at $215 and encouraged everyone to add to their shorts. Last night, it dipped to just over $170, so even if you didn't average down or got caught before, this wave has brought it all back.
6. So far, SPCX has been 4 shorts, 4 profits – this is my report card for you all. As long as you follow my lead step by step, avoid greed and rushing in, when the market cools off, that’s when we’ll see our profits!
Is the crash starting? Bitcoin has been in a downtrend for several days, so why is it dropping, and will it continue to drop? Where can we catch the bottom? Let's take a look.
1. First, why is it dropping? Last night's Fed meeting sounded the alarm, with 9 officials supporting an interest rate hike. The market needs to adjust its risk expectations, leading to downturns in both the crypto and stock markets. So, the big question is, will it keep dropping?
2. Based on past performance, in the last 6 Fed meetings, Bitcoin has dropped around a week after 5 of these meetings before starting to rally again. It looks like we're fitting that pattern, and I believe this pullback could be a great opportunity to buy in at low prices.
3. From a price perspective, Bitcoin's strong support is above 62,300. Near this level, we can definitely go in with a heavy position to ride a bounce of a few thousand points. Short-term support is above 63,400, and even buying spot around 64,000 is fine, as the difference isn't significant for the long haul.
4. Previously, we took profits at the peak of the rebound on $BTC , $ETH , and $SOL , and we're just waiting to buy back in on this pullback. The more it drops, the lower our cost basis will be, so over the next few days, we’ll be looking to buy back our previously sold positions at lower prices. Also, ETH and SOL tend to follow BTC, so if BTC pulls back to the support levels mentioned, those coins can also be good buys.
5. Our trading logic is crystal clear: go long above support levels and short below resistance levels, and we’ve basically hit all targets. For example, as shown in the chart, Shuqin advised everyone to go long just above 64,300, while ETH was suggested to go long just above the 1,730 support level at 1,740, and both successfully rallied to our take-profit levels last night.
6. Since the previous rebound has already played out, there's no regret. Now we can wait for the next support level to re-enter the market. For those in a hurry, it’s okay to buy some spot, especially if you didn’t catch the bottom earlier or sold everything. If you’ve already bought the dip, there’s no need to rush. Plus, I see plenty of opportunities in the stock market as well, so let’s keep trading every day and aim for a big win. Sound good?
Heads up! Bitcoin's this indicator has hit the limit, a massive turning point is on the horizon. Get ready! Huge opportunity! This US stock is about to pump, no bubble, all value! Smart money is scooping up at these lows. In contrast, Micron and Hynix are just mindless pumps, how long can this bubble hold? $BTC $ potential US stock
The crash is here! Will Bitcoin test the bottom at 60k again? Where to scoop up Ethereum, let's check it out.
1. The BTC situation is extremely brutal, it was at 67k yesterday and today it’s dropped to 64k. This pullback is significant, but if you think about it, it’s pretty normal. Don’t forget, Bitcoin bounced back 8k from 59k! So the question is, where can we catch a rebound?
2. The first key level: 64.3k! This level has strong support, it's the first line of defense against the drop. We can set up a contract for a rebound just above this support level, catching a 2% bounce is quite possible. Of course, if you sold some spot earlier, you can buy back a bit. Let’s not even discuss whether it will double dip; even if it does, it won’t go straight down, there will be plenty of bounces in between, and that’s our profit opportunity.
3. Besides that, the support level at $ETH is around 1720-1730, which has decent support. Let's catch a bounce here, and then set a big order at the next support level of 1640, going all in when it hits. For $SOL , there’s also support near 70, if you want to play it safe, just go for spot, you don’t have to do contracts.
4. Why emphasize spot? Because we’ve taken profits on a significant portion of our spot in the last couple of days. As shown in the chart, on Monday we advised everyone to sell at 67.3k for $BTC , and then yesterday we told everyone to sell ETH around $1840 and Sol below the $76 resistance level. You could say we collectively exited at the peak.
5. So now that we’ve sold, we plan to buy back on dips, or you can also do contracts. However, spot won’t get liquidated, making it a bit safer. We’ve made nearly 30% profit trading Sol from 60 to 75 in two weeks, opening trades every day. Let’s keep pushing together~
Is SpaceX going to crash in August? Check out the SPCX stock unlock schedule.
Most of the stock is set to unlock in August, and it will be several times the current circulating supply, which is only 4% right now. So, we might see a panic sell-off starting at the end of July, with prices continuing to drop thereafter.
Additionally, it will be added to the NASDAQ 100 index around the end of June.
Bitcoin is skyrocketing! ETH is pushing towards 1850, can it go higher? Is there a short opportunity? How to play SPCX, let’s dive in.
1. First up, SPCX. Elon himself called the shots, and SPCX shot up massively, market cap is nearing the 3 trillion mark, next up are Apple and Nvidia. So the question is, can it keep climbing?
2. Tough call! In the long run, it’s bound to drop significantly, it's super bubbly. The data for SPCX is pretty lackluster; let’s not even mention 3 trillion, even 300 billion is an overestimate. Even factoring in Musk’s premium, rationally speaking, it's only worth around 1 trillion. Their net profit is negative 4.9 billion, but you could argue they might turn a profit in the future. What about their sales?
3. The annual sales for $SPCX are just 19 billion. Meanwhile, Apple and Amazon are raking in over 500 billion in sales, with net profits of 100 billion. SPCX is way behind. The only reason it’s climbing now is because of the hype at launch and the limited unlock volume. In a few weeks, as shares start unlocking and the excitement fades, the price could drop significantly. I’m currently holding a long-term short position on SPCX.
4. Now let’s check out Bitcoin; it looks like it has rebounded to a strong level, rising from 59k all the way up, finally nearing the first major resistance at 67-68k. It might not break through easily here, so we could consider going short, maybe even a second short.
5. As shown in the chart, we already advised everyone to short at 67.3k yesterday, and it dropped to around 65.5k, which wasn’t hard at all. If BTC hits that resistance again, I’ll short a second time, but I’ll go in with a smaller position and be more conservative. I only take two bites at a price point; I won’t go for a third.
6. Similarly, for $ETH , we can also look to sell spot or short near the 1840 level. As for $SOL , we bought at 60, and it’s already up 30%. I never advised taking profits before, but now that it’s up this much, I’m planning to sell some spot near 76, and I’ll buy back if it pulls back. Congrats to everyone, we made a killing on this wave!