⭐The situation is that recently $BTC has been on the rise, so some folks are thinking BTC will surge back, maybe even go on an uptrend. Is this really gonna happen???
- If we check the daily chart, it's true that since early April, BTC has been consistently creating new higher peaks and generally holding its price quite well.
- However, I see quite a few reasons to believe this is a bull trap and that BTC will only pump in the short term before a hefty correction:
+ BTC is still within a major downtrend on the long-term chart.
+ The 4-year cycle is set to repeat; after a strong surge in 2025, 2026 is likely to see a significant correction.
+ Money from ETFs and big investors hasn’t poured in heavily yet, leading to instability; there have even been times when major whales are selling off hard.
+ The economic and geopolitical situation remains very unstable; while US stocks are high, BTC is lagging. If stocks take a nosedive, BTC will likely get dragged down hard too.
- So at this point, I’m just sitting tight, holding USDT, and I already cashed out before, so I won’t be jumping into any coins right now... the chances of a good gain are slim, but the risk of getting caught at the top is high...
⭐At this point, trading like this is probably the way to win, folks. Gotta keep an eye on the market action while going Long and Short to stay quick, no need to wait around.
- But trading like this seems a bit taxing... lol
- I'm already in a short position, good luck to everyone!
⭐I think that the upcoming time, especially from May to June $BTC , there will be a strong dump, even creating a new bottom around the $50k region is entirely possible.
- Every year there is Sell In May, and in years when BTC is in a downtrend, it becomes much more severe.
- So during this period, in my opinion, if you are making a profit, just take it, regardless of how much, and lower your profit expectations.
- When entering a position, remember the first rule is to have a stop loss. During this time, anyone trading based on news is getting spun around like a top due to BTC's erratic movements.
- I'm still waiting for BTC to pump, and if there is a nice entry, I will hold the position a bit longer for a big short opportunity.
⭐The upcoming Crypto exchange interfaces of Vietnam are CAEX and TCEX - CAEX from VPBANK has a more crypto-style interface - TCEX from Techcombank has a more stock-style interface - Which interface do you prefer???
⭐ $BIO bullish momentum building as price holds above breakout level with strong continuation structure forming.
Trading Plan LONG: BIO Entry: 0.0195 – 0.02 Stop-Loss: 0.0185 TP1: 0.0250 TP2: 0.0290 TP3: 0.0339
$BIO is maintaining a strong bullish structure with price stabilizing above the breakout zone, confirming buyers are in control. This sustained strength supports continuation, increasing the probability of further upside expansion toward higher liquidity levels.
$CYS is showing signs of exhaustion after the move into the highs, with momentum fading and each upward push lacking strength. This suggests buyers are losing control near resistance, increasing the probability of a pullback as sellers step in and drive price lower.
⭐ $TRIA bearish momentum building as price pushes into resistance and begins to stall with weakening upside strength.
Trading Plan SHORT: TRIA Entry: 0.028 – 0.0285 Stop-Loss: 0.0310 TP1: 0.0255 TP2: 0.0235 TP3: 0.0215
$TRIA is showing signs of exhaustion after the strong move into the highs, with momentum fading and each upward push lacking follow-through. This suggests buyers are losing control near resistance, increasing the probability of a pullback as sellers step in and drive price lower.
⭐ $C bullish momentum building as price holds above breakout level with strong continuation structure forming.
Trading Plan LONG: C Entry: 0.076 – 0.0765 Stop-Loss: 0.065 TP1: 0.095 TP2: 0.118 TP3: 0.147
$C is maintaining a strong bullish structure with price stabilizing above the breakout zone, confirming buyers are gaining control. This sustained strength supports continuation, increasing the probability of further upside expansion toward higher liquidity levels.
$LYN is maintaining a strong bullish structure with price stabilizing above the support zone, indicating buyers are stepping in and gaining control. This strength supports continuation, increasing the probability of further upside expansion toward higher liquidity levels.
$HYPE is maintaining a strong bullish structure with price consolidating near the highs, showing no signs of rejection. This type of price action indicates buyers remain in control, increasing the probability of continued upside expansion as momentum builds.
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$BSB is maintaining a strong bullish structure with price stabilizing above the reclaimed zone, confirming buyers are gaining control. This sustained strength supports continuation, increasing the probability of further upside expansion toward higher liquidity levels.
$XPL is maintaining a solid bullish structure with price stabilizing above the breakout level, confirming sustained buyer control. This strength supports continuation, increasing the probability of further upside expansion toward higher liquidity levels.
$APR is showing signs of exhaustion after the move into the highs, with momentum fading and each upward push lacking strength. This suggests buyers are losing control near resistance, increasing the probability of a pullback as sellers step in and drive price lower.
⭐ $ENA bearish momentum building as price pushes into resistance and begins to stall with weakening follow-through.
Trading Plan SHORT: ENA Entry: 0.096 – 0.097 Stop-Loss: 0.1045 TP1: 0.0885 TP2: 0.0805 TP3: 0.0725
$ENA is showing signs of exhaustion after the move into the highs, with momentum fading and each upward push lacking strength. This suggests buyers are losing control near resistance, increasing the probability of a pullback as sellers step in and drive price lower.
$LAB is maintaining a strong bullish structure with price stabilizing above the breakout level, confirming sustained buyer control. This strength supports continuation, increasing the probability of further upside expansion toward higher resistance levels.
⭐ $ON bearish momentum building as price pushes into resistance and begins to stall with fading follow-through.
Trading Plan SHORT: ON Entry: 0.147 – 0.148 Stop-Loss: 0.16 TP1: 0.132 TP2: 0.120 TP3: 0.108
$ON is showing signs of exhaustion after the move into the highs, with momentum weakening and each upward push lacking strength. This suggests buyers are losing control near resistance, increasing the probability of a pullback as sellers step in and drive price lower.
⭐ $IN bullish momentum building as price stabilizes above breakout level with continuation structure forming.
Trading Plan LONG: IN Entry: 0.064 – 0.0645 Stop-Loss: 0.059 TP1: 0.070 TP2: 0.079 TP3: 0.0888
$IN is maintaining a constructive bullish structure with price holding above the breakout zone, indicating buyers are stepping in and gaining control. This sustained strength increases the probability of continued upside expansion toward higher liquidity levels.
⭐ $OPEN bullish momentum building as price holds above breakout level with strength continuing.
Trading Plan LONG: OPEN Entry: 0.19 – 0.195 Stop-Loss: 0.176 TP1: 0.235 TP2: 0.272 TP3: 0.311
$OPEN is maintaining a strong bullish structure with price stabilizing above the breakout zone, confirming buyers are back in control. This sustained strength supports continuation, increasing the probability of further upside expansion toward higher liquidity levels.
$GUA is maintaining a strong bullish structure with price stabilizing above the breakout zone, confirming sustained buyer control. This continued strength increases the probability of further upside expansion toward higher liquidity levels as momentum builds.