After the slaughter of many armies, where will Bitcoin go next? Short, or buy the dip?
Last night, my phone was constantly alerting, the price plummeted all the way down, nearly 10,000 points in one day, and everyone who tried to buy the dip was wiped out, with no exceptions! The short positions were perfectly executed! Shorting from 94,000 to 98,000, let’s hold onto 75,000. Ethereum shorted from 3,400, last week, this week, the short-term trading keeps revolving around the 90,000 mark and the 3,000 mark, how much can you earn depends on your trust in Zhongliang and your control over the market!
The current price of Bitcoin is around 78,700, with a lowest point of 75,500 marking a rebound. Don’t rush to buy the dip, I mentioned that 80,600 definitely cannot hold, with four consecutive monthly bearish candles, the upper band is seriously opening downwards, MACD is continuously expanding, KDJ and RSI are both turning downwards. The weekly Bollinger Bands are all opening downwards, with the price pressing down on the lower band, MACD continues to expand, KDJ and RSI are both heading lower. The daily candles show three consecutive bearish candles, with the price directly breaking through the lower band, MACD continues to expand, although RSI is severely oversold, this is absolutely not enough to be a buying signal! Those who bought the dip previously have all been wiped out, and now they are pretending to be deaf and mute, or saying sorry to their brothers, with various jokes about going to work and delivering food, unable to calm down for two days, immediately back to shouting to buy the dip, after the market crash, a repair is inevitably needed, and then it’s awesome, finally bouncing back a little, long positions make money, the retail investors rush to follow and flatter… Haha, the crypto world is nothing but retail investors, cutting one batch after another.
Today I don’t want to say too much, because there are only short-term opportunities, either a rebound to short, or breaking down to chase shorts, and I won’t touch any long positions. Zhongliang also hopes the market can rise a bit to repair the indicators, otherwise shorting is also trembling, only shorting for the short term! Remember, even if there is a rebound, a deep V, that is just giving you the opportunity to get on the high short position later, nothing more! Don’t be shouting about 100,000 again after a rebound, a rebound is just giving you the opportunity to short, nothing more! There’s no need to always fantasize about where to buy the dip, how much capital do you have to test and make mistakes? How many of your positions can be liquidated? Are there signs of a stop-loss on the market? Why always want to buy the dip, since it’s been falling all the way, why not go with the trend and short, cherish every rebound, isn’t that better? #CZ币安广场AMA
Every time there is a liquidation, no retail investor is innocent! So it's not that Zhong Liang is heartless; too many fans have been caught or liquidated. When asking Zhong Liang what to do, he uniformly does not respond! Here in the square, the high short strategies shared every day are not clear enough, straightforward? Since you don’t believe, what’s the point of asking again? If you truly believe, how could you be caught? How could you be liquidated? Did you understand the emphasized positions, stop-loss, risk control?
Today's strategy has already been released, breaking down to short again, or rebounding to short high, all are short-term trades. If this market does not have a big rebound, it cannot make a swing short. On the weekend, I don't want to say too much, just leave it at that. Watching the fans increase every day, yesterday 31.5K, today 31.7K, but likes are still not increasing; not even willing to click a free like, what else can I expect from you? So, I can only share the coded information! $BTC {future}(BTCUSDT)
#binancedog $ORDI Yesterday, Binance Wallet responded that after the update, the inscription market was removed, causing ordi and sats to drop in response, and there were complaints all around. In fact, the inscription market of Binance Wallet was not widely used anyway, so removing it is almost the same as having it not there. This time, Binance Wallet's update added a new four meme section on the BNB chain; the four platform is a meme coin launch platform similar to the Solana chain pump. Considering the recent popularity of meme coins on the BNB chain, it feels like the four meme section in Binance Wallet could be an opportunity, with a certain chance of generating profits, especially since Binance Wallet is now focusing on airdrops and the development of the BNB chain ecosystem! I bought a little bit of binancedog in it; its market cap is now only around 400,000 USDT. I found that this dog series has sundog with a market cap of over 100 million USDT and cakedog with a market cap of over 1 million USDT. This binancedog has great potential, but right now there aren’t many users of Binance Wallet, so not many people have discovered it.#binancedog
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#binancedog #Meme Rising meme coins are continuously breaking new highs, where will the next hundred-fold coin be? I believe that binancedog in the web3 wallet has the potential to increase by 100 times. Previously, sundog had a market value of over a hundred million dollars, and recently, the newly launched cakedog has a market value of over a million dollars, whereas binancedog's market value is around 500,000 dollars at its lowest. It feels like there is a great possibility for it to increase a hundred times. After all, as bn's dog, it doesn't seem reasonable to be outdone by Sun's dog and the dog from the cake platform! #binancedog
#binancedog #Meme Rise meme coins are constantly breaking new highs, where will the next hundredfold coin be? I believe that binancedog in the web3 wallet has the potential to rise 100 times. Previously, sundog had a market value of over 100 million U, and recently, the newly launched cakedog has a market value of over a million U. Only binancedog's market value is around 500,000 U, so I feel it has a great chance of rising a hundredfold. After all, as a dog of BN, it is a bit unreasonable that it cannot compete with Sundog's dog and Cake platform's dog! #binancedog