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So who can explain why the current market is so bullish?
$BTC
{future}(BTCUSDT)
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$ETH I actually hope Ethereum catches up and rises again.
Compared to Bitcoin's strength and the crazy altcoins, Ethereum is somewhat moderate.
1/ Ethereum is still in a correction phase (how long this will last, damn it 😕), with short-term resistance at 2410, daily resistance around 2500.
2/ Currently, you can hold your long positions along the trendline.
3/ The market needs to weaken and break below 2270.
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$BTC Short position rescue!
Neither should be too empty nor too full; the price has entered the observation zone.
--- Continue holding the short position, but I currently have no plan to add to the position. Reducing the position will be above 82,500.
--- Looking for shorts on the right side, need to wait for the price to break below 80,400.
--- Overall still showing an upward trend, but without a pullback or structure, going long is always a bit difficult to execute.
There are many bears, and a shakeout is certain. Fast or slow, it's all a shakeout~
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I happened to find that $BTC futures prices left a daily-level gap near the current price. (Futures gaps usually form stage resistance)
So from a technical perspective, there are three strong resistances around the current price of 80,000: the daily EMA, the daily support and resistance exchange level, and the futures gap.
Therefore, based on all of the above, I think the short position taken last night was a suitable entry. The stop loss will not exceed 84,500 by much!
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$BTC has broken through the short-term new high, but $ETH is still tangled between the middle and upper bands of the range.
I think we can look forward to Ethereum's catch-up rally. If you have long positions, you can hold along the trend line~
Ethereum can currently be viewed as an upward range. Looking at the chart, once the upper band of the range is broken, I believe it will accelerate upward to grab liquidity.
Ethereum's strong resistance remains unchanged, still around the daily EMA144/169, which is approximately 2500. The stronger resistance zone is around 2410, which is the upper bou
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$BTC My timeline has been taken over by AI.
Tomorrow I will take a day off to travel around Shunde, to a place without AI for some peace and quiet~
---Unknowingly, the price has returned to 79,000. I think I should play with a partial short position.
---The daily EMA 144/169 is around 79,000-80,500, which is a high shorting zone. Only this one area!
---If the daily chart can clearly close above the EMA, I think reaching 84,500 won't be too difficult.
---In the short term, 77,800 is used as a stage support. The price only risks weakening if it falls below this level.
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$ETH There’s only one reason it won’t keep falling: Big Cake won’t let it fall~
Ethereum’s quantitative performance is actually better than Big Cake. But overall, it’s still a muddled market.
1/ Minor resistance 2333, major resistance 2410.
2/ Ethereum daily EMA 144/169 is around 2500, and it hasn’t touched it yet.
3/ Use 2270 as the dividing line for this rebound—if it breaks below, it means weakness.
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$BTC If I don’t rest soon, I’m going to be done for.
Slacked off for a day. This week I really put in work on quant strategies—it's already running on the private domain. Right now there are very few samples, so for the internal testing, it’s estimated to take about a month 0.0
---I really haven’t understood the Bitcoin market over the past couple of days. But the unchanging view is: take it as the high side.
---The only heavy pressure (strong resistance) is at 79,300. I considered 80,900 as well, but since there’s been no backtesting (the left side is actually a vacuum zone), I can’t treat i
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$BTC 666 there's a second level.
Oh wow, the price really pulled back. But did it really reverse?
---Currently, the reversal conditions are not met. First, the upward trend line has not been recovered; second, the 61.8% level has not been recovered. Reversal where? Turn where?
---So I still mainly see this market as a pullback. Continue holding short positions.
---Support only focuses on the previous low of 75,600 and 73,666. The latter can be used for a rebound.
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Recently, there is an important reason why I don't like writing $ETH .
It's too rule-bound. It must follow the steps of the big pancake. When the big pancake doesn't move, I don't move; when the big pancake moves, I wiggle.
1/ There is only one new perspective, pay more attention to 2310. Here, it is synchronized with the big pancake at 77400.
2/ The strong support below is around 2175.
The trend of Ethereum is "Big Brother does what I do," so to judge the trend, just look at BTC.
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$BTC Any more excuses?
Every day, calling trades! 79300 gave two entry opportunities, and both times the price moved out of the range. Currently, there is even a possibility of realizing significant profits.
---Figure 1, the upward trend line has already been broken! 77400 has become a support-resistance exchange zone. As long as the price does not recover, feel free to stay bearish~
---There’s nothing much to say about the short-term, just look for a retracement target. The level below 73666 is very important; this is a rebound position.
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Shocked, 79000 was actually the expected value for March 0.0
I missed out last time—this time, can I win~?
$BTC
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$ETH Blind cat hits the jackpot.
Five days ago, a small support was given at 2290. Yesterday's view was that this rebound wave is expected to reach 2410. The intraday high has basically been reached.
1/ Ethereum is generally showing oscillation, but it is a relatively weak pattern. The lower band is at 2290-2300.
2/ I still believe 2410 is a relatively strong resistance level in the near term.
3/ Ultimate strong resistance: daily EMA 144/169, which is around 2500.
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$BTC Brother M, I want to buy you a plane ticket✈~
Recent view, 79300 keeps touching, touching, touching!
---The previous wave saw a maximum of over 2700 dollars in profit at 79300, and today’s wave has taken out nearly 2000 dollars again.
---Whether you believe it or not, the 79300 level is a pressure point in the eyes of any analyst. If it’s a resistance level, why not short it? Are you going to chase a breakout?
---The stage support is always around 77300-76900. When the price approaches, you can casually close some short positions.
The hourly level has shown a top divergence, waiting to ad
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