Crypto钟良

Raising the position is only to clear short leverage, definitely not a market reversal. Although the previous shorts have stopped out, we face it calmly and still openly release the stop-loss orders! On Thursday, let’s continue to short Bitcoin at 72600-73000, publicly across the network. The stop-loss and target are all clearly stated. The revenge battle has begun, and currently, the short position is profitable. Here at Zhongliang, we never play any tricks or post-factum comments. A given order is just that, a loss is a loss, and a profit is a profit. Isn’t it worth a free thumbs-up from the brothers? #伊朗新领袖

To survive in the market long-term, you gotta go with the flow and avoid going against the trend. Keeping your capital safe is the top priority; don't hold onto losing positions against the trend.

Six Major Don'ts in Trend Trading:

1. Holding onto losing positions (not cutting losses when you're wrong)

2. Averaging down on losses (doubling down on a bad bet)

3. Over-leveraging on unrealized gains (heavy positions can turn into bad calls)

4. Chasing pumps and dumps carelessly (just because you think it's right doesn't mean you can trade it right)

5. Trying to catch the bottom or top (big mistake)

6. Failing to cut losses against the trend in time (when the signs are bad, don't stick around) #黄仁勋加持！Marvell股价飙升

Hey, check it out! Bitcoin's giving us a bullish outlook today. 67500 is the first resistance point, so let's short it, right? Are we making some gains? The price is hanging around 66700, not too tough, huh? Just keep your eyes peeled and take action, and we'll be cashing in! #黄仁勋加持！Marvell股价飙升 $BTC

BTC/ETH Market Insights:

The first two days of June have turned into a nightmare for the bulls. The devastation they faced is something I won't dwell on here; everyone knows how it went down! Just to be clear, I never suggested a long position, continuously stressing that any bounce is just a shorting opportunity. Trying to catch a falling knife with long positions can lead to serious losses. Better to miss out than to get burned, but how many actually listened? We can only do our best and leave the rest to fate...

Bitcoin's daily chart shows three consecutive bearish candles, with yesterday's massive red candle smashing the price down, pushing the Bollinger Bands' lower band to widen further down. The MACD bearish volume continues to increase, and currently, both the KDJ and RSI indicators are showing signs of a potential upward reversal after being oversold. So, we need to be cautious of a sneaky bull move after the bloodbath; the market never just goes down without a bounce. After such a significant drop, indicators need to recover, so shorting isn't just about blindly entering; we must wait for the right bounce.

On the 4-hour chart, prices have climbed back above the lower band, with both KDJ and RSI turning upwards. The MACD's bearish volume is decreasing, indicating a potential for recovery that we need to watch closely. On the hourly chart, we see a bounce reaching the middle band of the Bollinger Bands, with KDJ's three lines converging in a golden cross. However, the RSI shows signs of turning down, while the MACD bullish volume is increasing, suggesting a demand for a bounce. Still, there's resistance overhead, so for those playing it safe, taking profits from some of the rebounds may not be necessary. It might be better to hold off and observe, looking for opportunities to short at higher levels; I think that approach isn't unreasonable!

Keep an eye on the resistance levels at 67500 and 69000 for shorting opportunities. For support, watch the levels around 66500, 65500, and 64500.

Ethereum is currently priced around 1875, and the focus should be on shorting. Key resistance levels are at 1900 and 1970; look to enter short positions around these levels. For support, keep an eye on 1850, 1800, and 1750. #黄仁勋加持！Marvell股价飙升 $BTC

Daily analysis to share, reminders that can be a bit annoying, but what can you do? Just look at the liquidation numbers and amounts; it’s tough to reason with the stubborn ones. The newbies keep getting wrecked, but the big players keep going strong, never backing down, right? The intraday strategy has already been shared; I just feel there's not much more to say here… #黄仁勋加持！Marvell股价飙升 $BTC

It’s just an endless wave of longs; the more it dips, the more retail traders get hyped, diving headfirst into the bottom. This reckless bottom-fishing leads to ruthless liquidations. Just woke up, checked, and saw that so many longs got wrecked again. A moment of silence… In the past hour, over $210 million in longs got liquidated, and in the last 24 hours, over $1.66 billion in longs were wiped out, affecting more than 277,000 traders... #黄仁勋加持！Marvell股价飙升

I was sleeping like a baby, and suddenly got woken up by alerts. I checked, and what do you know, another dip, but it doesn't seem like a big one. Then I looked at the liquidation numbers—wow, in the past hour, over $250 million in longs got wrecked. Looks like the more it dips, the more noobs are trying to catch the bottom, afraid that if the price shoots up, they'll miss the train. Can't help it, you can't reason with the damned...#币安推出美股交易

Midnight BTC/ETH Market Insights:

Is this considered a market dump? In the past 24 hours, the bulls have been wrecked with over $1.09 billion in liquidations, and more than 196,000 traders got liquidated. Are we dipping our toes in to catch the bottom or are we just losing our homes? Ethereum has repeatedly tempted everyone to short, hovering around the 2000 mark, with a target down to the 1880 line, where it found support at 1888. Is that spot-on or what? Should we be making some noise here?

Currently on the hourly chart for Bitcoin, there are signs of a potential reversal, even though the last candlestick printed a small hammer bullish candle. However, both KDJ and RSI are showing oversold signals and are starting to turn upwards. The market can't just keep dropping endlessly—where's the opportunity to enter a short? After getting stopped out on multiple long positions, aren't you itching to play for a rebound? As Zhongliang says every day, trying to catch a rebound long is like catching a flying knife with bare hands; it’s risky! If your longs keep getting stopped out, why rush to get back in? Some rebounds are meant to observe and wait for a prime short entry, no need to jump in! And if you’re already making bank from shorting all the way down, why take risks with long positions? Just chill and let the profits roll in, right? Why take the chance to mess up again?

On the 4-hour chart, the signs of a reversal aren't clear, so the risk of trying to catch a rebound is still high. Chasing shorts? The market has already dropped so much—the meat from the fish’s head and back has long been devoured by the bears. What’s left is just the tail and bones, so why rush to bite? Opportunities are patiently awaited, and profits are never just gambled for. A wise word is hard to give to a reckless trader; I hope everyone stays calm, calm, and calm again!

Continuing with the short strategy at midnight, Bitcoin has already broken below its uptrend line. If we see a rebound, just wait in the resistance zone above for signals. Keep an eye on the resistance at 69000 and 70500 here, and prepare to ambush short positions around this area. For support, watch 68000, 67000, and 66000.

Ethereum has finally woken up after much anticipation, starting to move downwards as expected. The short at 2000 has been called out for over ten days, and it’s finally paying off. The midnight strategy remains to short; keep an eye on the resistance at 1960 and 2000 here to set up for shorts, and for support, focus on 1920, 1880, and the 1840 line.

Invite Code: ZL168, sign up, and you can get discounts on trading fees. Save where you can, spend where necessary, and join the strategy channel to get daily insights ahead of time! $ETH

Intraday Ethereum, once again perfectly called a high short at 2000, with a peak bounce at 2009. For the last few weeks, every day has been focused on the 2000 level; a bounce here means it's time to short. We're looking to gradually target the 1880 level, with a low of 1888 marking a rebound. Is this not spot on? But lately, the likes are lacking. Zhong Liang has been sharing high shorts every day; are the bros treating him like a reverse indicator, rushing to bottom fish and going long, only to get wrecked? With the likes not coming in, should I share the midnight strategy? #币安推出美股交易 $ETH

Still talking at night, Ethereum has been holding strong today around the 1980 mark, not wanting to drop. And now it's starting to gain some momentum! Ethereum has been hovering around the 2000 mark since last week, and I've been stressing that daily. Now it's dipped below 1900, who's still looking to scoop up the dip? Who's ready to buy the dip? In the past hour, long positions were wrecked for 220 million dollars, and over the last 4 hours, long positions got wrecked for more than 660 million dollars. Congrats to those who shorted and are cashing in! #币安推出美股交易 $ETH

Are there really that many people trying to catch the bottom? In the past hour, long positions worth over $310 million have been liquidated, and over the last 44 hours, more than $820 million in longs have been wiped out, affecting over 167,000 traders... The more it dips, the more excited and aggressive the bottom catchers get? #币安推出美股交易

In this market, as long as you’re not going long, you won’t be losing money. Are folks busy trying to catch the bottom or shorting? When Bitcoin was around 70k, Ethereum was at 1980. When Bitcoin dipped below 70k and hit 69k, Ethereum was still hanging around 1980. Even when Bitcoin hit a low of 68,700, Ethereum remained at 1980. Did it find its anchor? Is it just sitting there? Or is it in hibernation? Someone wake up the little sister-in-law; what’s going on today? The big guy is tanking, but the little sister-in-law isn’t reacting at all…#币安推出美股交易

Is this market too easy, or what? The bounce is a short, and Ethereum just needs to keep an eye on one level, the 2000 mark. When it bounces here, we go short. Back and forth, how many short plays can we get? I've been emphasizing this level since last week! #XRP放量跌破1.30美元支撑位 $ETH

A must-have for going short, powerful reversal signals!

Hey folks, reversal signals in the market are crucial, and today we're diving into some really strong reversal signals.

As you can see from the chart, we first had a price action that exceeded the previous high, then it broke a key level. Following that, we see a lower high and a lower low, and then a higher low appears. These combinations of characteristics make up a very strong reversal signal.

When the price exceeds the previous high and then breaks down, it's often a precursor to a trend change. The lower highs and lower lows indicate bearish dominance, while the subsequent higher low might hint at a bullish re-entry.

However, these signals come with high risk and high reward scenarios. Recognizing these types of signals can help us better grasp market trend shifts, but remember, investing carries risks. The above content is for educational reference only, to assist everyone in making more informed investment decisions. #XRP放量跌破1.30美元支撑位 $BTC

6.2BTC/ETH Market Insights:

Bitcoin is on a weak downtrend, teetering on the 70k level, while the bears are celebrating. Are the dip-buying bulls getting restless, sharpening their knives for a hunt? In terms of strategy, it's still a high short emphasis; don't chase a sinking ship—this approach remains unchanged. The support levels are around 69500 and 68500, so there's not much room to maneuver. The market won't keep dropping indefinitely; while it may continue to slide, there will also be rebounds, so avoid getting too aggressive on the shorts—it's unnecessary. As for bullish rebounds, recently, I've been advising newbies to steer clear—catching a falling knife is impressive if you succeed, but most of the time, it leads to injuries. New traders should skip this; the risk is too high, and the risk-reward ratio isn't favorable!

Yesterday's daily candlestick closed with a big bearish line, the price is firmly pressing the lower band downwards. Currently, it's still below that lower band. The MACD bearish volume is continuously expanding, and both KDJ and RSI are turning downwards. On the 4-hour chart, the price remains pressed below the lower band. After breaking below 73000, it hasn't returned above the lower band. The MACD continues to show bearish volume, and KDJ and RSI are also turning down. On the hourly chart, the price has moved back above the lower band, but the rebound strength is too weak. Currently, the indicators suggest continuing the bearish trend and volume downwards; bearish sentiment is strong, and the focus should be on high shorts!

For resistance, keep an eye on 72500 and 74000, with shorts positioned around these levels waiting. For support, watch 71500, 70500, and the 69500 line.

As for Ethereum, resistance is around 2000 and 2050, with shorts positioned around here waiting. Support levels to watch are 1950, 1900, and 1850.

Opportunities are created through patience, not by forcing entry. Being in cash doesn't mean losing money. However, most retail traders don't see it this way; they feel itchy seeing the market move without a position, thinking they're missing out. In reality, it's often a waiting game. Wait for the right moment, then strike with confidence. Profit isn't made through frequent trades but through precise entries—when the price hits the right level, act decisively; if it hasn't, just watch. Once you're in a trade, manage your defense, hold steady with patience, instead of always trying to take profits and then refusing to cut losses…#比特币跌破71000美元 $BTC

Ethereum has been super easy to trade lately, right? Just watching that 2000 level, and as soon as it hits, it’s a short opportunity. How much profit can we rack up with that? Last night, I kept shorting near 2000, and when I woke up, wasn’t that another sweet profit taken? #区块链协会支持加密纳入401k $ETH

Midnight BTC/ETH Market Outlook:

Bitcoin has been on a steady decline, and this short opportunity has been quite rewarding! Recently, I've been advising everyone to focus on shorting; last Saturday, I publicly called for a short around the 74000 mark. The price has dipped to around 70600, and the 70000 level is hanging by a thread. However, don’t chase the falling knife; if you missed the short, it's better not to blindly enter again. Give the market some time to rebound and correct; shorting always offers better value than chasing after a drop!

The monthly candlestick for Bitcoin has closed bearish, ending a two-month bullish rebound. We’ve seen three consecutive bearish weekly candles, and the lower band of the Bollinger Bands has ample room below, currently sitting around 62000. Both KDJ and RSI are trending downwards, and MACD shows bearish divergence with diminishing bullish momentum. The daily Bollinger Bands are opening downwards, with the price breaking below the lower support. KDJ and RSI are also moving lower, while MACD's bearish volume continues to expand.

Looking at the 4-hour chart, we’ve got three large bearish candles. Initially, the rebound was capped by the middle band before breaking through the lower support; the price is now sliding along the lower band. It’s crucial to note that both KDJ and RSI are showing signs of being oversold at lower levels, with indications of a potential reversal. However, MACD's bearish volume hasn’t decreased yet. The hourly chart clearly indicates a need for a correction, as the price is starting to move back above the lower band; KDJ and RSI are turning upwards, and MACD’s bearish volume is decreasing. So, don’t chase the price down to 70600 and get too excited thinking it will immediately break the 70000 mark; the indicators show a need for a rebound. If there’s no bounce, how can we short effectively?

Keep an eye on the resistance levels above at 72500 and 74000 for potential shorts. For support, watch 71500, 70500, and 69500 levels.

For Ethereum, watch the resistance at 2000 and 2050; look for short opportunities around these levels. For support, keep an eye on 1950, 1900, and 1850 levels. #以太坊质押比率创历史新高 $BTC

The downtrend has been relentless, but I don’t think we’ll break below 70k tonight. Everyone who's shorting must be raking it in, right? After all, last week, Zhongliang was all about recommending shorts. Bitcoin took a dive around 74k on Saturday night, and Ethereum was getting shorted around the 2020 mark. Midnight thoughts—anyone still awake to consider this? #以太坊质押比率创历史新高 $BTC

It's starting to dip again, long positions getting liquidated! In the past hour, $89.33 million in long positions got wrecked, in the last 4 hours, $110 million, in the past 12 hours, $220 million, and in the last 24 hours, $270 million. Over 133,814 traders got liquidated...

I’ve been warning about shorting mainly since last week. On Saturday night, I suggested shorting at 74,000, and for Ethereum, I mentioned shorting around 2020. Those who followed are cashing in. The liquidity lately has been pretty weak, it's like boiling frogs...#贝莱德大额转入BTC与ETH $BTC

Candlestick Teaching: Megaphone Pattern

The megaphone pattern, also known as the broadening formation, is a technical analysis chart that signals a potential reversal in market trends. It consists of a series of price swings with progressively higher highs and lower lows, resembling a trumpet flaring outwards.

Its core characteristics are: after reaching a new high, the price quickly hits a new low, with each swing's amplitude exceeding the previous one, reflecting extreme instability in market sentiment and significant divergence between bulls and bears. Trading volume typically spikes when price movements approach the edges of the pattern.

This pattern is commonly seen at market tops, and once the price effectively breaks through the lower boundary of the formation, it often indicates the end of an uptrend and the start of a downtrend. #Aave获英国FCA加密注册 $BTC