LongChenDiscussesTrends

Midday reminder: everyone should still maintain a bearish outlook when entering the market. We also positioned early—being a bit aggressive, we ended up getting trapped at the lowest level. This is the consequence of being aggressive. Some were blinded by emotions, but fortunately our position was relatively light. At higher levels, we should keep adding to continue pulling up our average entry price.
The current market is inserting a needle around 77000. Test the high point in advance. After the A-shares open in the evening, there may be further continuation to fill the 77000 gap. If the mark

The daily white chart still shows a range-bound consolidation overall. After testing the 75,500 level with a pullback, the market rebounded and surged higher. In the afternoon, after another pullback, it mostly continued to operate within a momentum structure of a rebound. Currently, it has again broken above the 76,000 level. Yesterday, at a high level, it was still under pressure around 76,500, which is not the key point. Continue to watch whether it can break through the support structure of 76,500. Ethereum's movement is basically consistent with Bitcoin's, but in terms of volume, Ethereum

Recent market volatility has been intense, with geopolitical sentiment continuously fermenting, and emotions amplified infinitely. Global assets have become targets for capital speculation, with prices surging and plunging, and long and short positions switching rapidly.
Ordinary investors are still struggling to determine the direction, while institutions and large funds have already made precise layouts. Large leveraged trades are carefully timed, not due to luck, but showcasing advantages in information and capital.
Previously, Ethereum saw large buy orders entering at key price levels, str

Currently, the market is still in a consolidation phase with low volume after a sideways move. The price has retraced to near the middle band of the four-hour chart for oscillation, and the overall market has not shown a strong recovery. The overall trading range remains around shoulder-level support. Short-term indicators are showing a downward turn, so continue to watch for a break below the middle band of the four-hour chart. The overnight short positions are still being held with a bearish outlook.
For Bitcoin, consider short positions around 76,000, with support at 74,500-73,800. For altc

In the early-morning market, the overall trend still shows a certain oscillating upward structure. The price surged to around 76,500 at its highest in the early morning, then met resistance and pulled back. If it manages to move out into a certain amount of space and then retraces, it could drop to around 75,800 and continue consolidating sideways. Ethereum and the big coin’s price action are basically the same; at its early-morning high, it surged to around 2,340, met resistance, and pulled back. It has never been able to hold above 2,330. Overall, the structure is still bearish. In the eveni

Reviewing the intraday market, Bitcoin first experienced a sharp decline with increased selling volume, leading to a phase adjustment in the price. The lowest dipped to around 73,800 before rebounding, then from the morning to midday, it surged to around 74,700 before facing resistance and pulling back. At midday, it fell to the 74,000 level, encountering resistance and rebounding. As further news in the afternoon stimulated the market, the price mostly fluctuated around 74,500-75,500. Currently, the market has recovered to around 75,500, with the key focus on whether it breaks above this leve

First good news, then bad news—bullish and bearish signals coming in and stirring the market back and forth. When you can’t operate on the current market, our long positions perfectly take profit and exit the trade, and the short positions once again have a floating profit with 700 points of room.
As for the news, it still isn’t considered positive. The market will continue to be more bearish and range-bound. The original target for the short positions was 74,500-74,000. Traders who are conservative or taking heavy positions can consider taking profits or reducing positions; more aggressive tr

Afternoon alert: Long positions expected to rise, Bitcoin's rebound precisely hits the target level, exiting long positions accordingly, Bitcoin gains 1,000 points of space, Ethereum simultaneously secures nearly 50 points of space with long positions.
Currently, the rebound from the dip has reached our target short entry point, with Bitcoin around 75,500, and Ethereum around 2,230. Short positions are to catch the pullback. Target 74,500-74,000. Ethereum target around 2,280. #加密市场小幅下跌 $BTC $ETH

The Bitcoin daily trading pattern is still in a phase of range consolidation, with slow sideways reorganization. The rebound high on the large coin does not break above 74,800, and the pullback low does not dip below the 74,000 line either. The daily chart is stuck in a relatively slow consolidation phase. As for Ethereum, its path is basically consistent with that of Bitcoin. Currently, the market is consolidating within the 2260-2290 range. Whether the market can further break through to give continuation to the long side depends on the strength of the reclaim. At present, everything is in a

The early trading saw a sharp decline and a bottom test, and currently the market has entered a phase of rebound with increased volume. Bitcoin has risen to around 74,800 and is facing some resistance, remaining oscillating around 74,500. As for Ethereum, the price retraced to around 2,250 and rebounded strongly; currently, it has recovered to near 2,290 and faces some resistance, but the overall rebound strength has been achieved, which aligns with our outlook.
Looking at the current market, the four-hour chart indicates a phased bottoming rebound. After retracing to the lower band, a correct

Bitcoin overall shows a "oscillating downward, breaking support and weakening" trend. Last night, the price gradually declined from around 76,200, repeatedly breaking through the 75,000 and 74,000 levels, accelerating downward during midnight, with the lowest touching around 73,700, hitting a near one-week low. In the early morning, the price rebounded slightly to around 73,800 for consolidation, but the rebound was weak and failed to recover the 74,000 level. The overall trend presents a one-sided decline, with the high points gradually moving down from 76,200 to below 74,000, and the lows co

This week, Bitcoin showed a trend of "initial suppression followed by rally and reaching new highs." On Monday, the price stabilized around 70,700 after fluctuations, starting to rebound gradually on Tuesday, breaking through 73,000 on Wednesday, accelerating upward on Thursday, and reaching a high of 78,300 on Friday, setting a new high for this round of rally. Over the weekend, it slightly retreated and is currently consolidating around 76,000. The weekly high-low difference exceeds 7,500 points, and the weekly chart is expected to close with a full-bodied bullish candlestick, completely eng

The overall weekend still shows a pattern of adjustment and bottoming out. Bitcoin surged to a high of 77,200 from yesterday's white session, then retraced and adjusted down to around 75,300. It’s a typical Friday high followed by weekend correction. Currently, after a further pullback, we are testing resistance levels and then focusing on support structures. Ethereum's movement is consistent with Bitcoin's, retracing and currently bottoming near 2,330, which is also close to the key support level we mentioned yesterday. Even in a strong market, adjustments are inevitable; a rise followed by a

The weekend market saw sluggish trading volume, but yesterday’s push to higher levels was not accompanied by a pullback. At this stage, the market is in a downward adjustment phase. Big Pie’s short-term pullback may still continue. For now, the key focus is whether there is a break near the middle band of the 4-hour chart, and whether that breakdown continuation can provide further follow-through. Going forward, continue to watch whether the market can send top-and-bottom signals over the weekend around 76,000 and 75,000. Bottom-fishing should wait until after the market adjustment is complete

The overall market trend has pulled back after reaching a high of around 78,300 in the early morning. The market's early movement was driven by both positive news pushing prices higher and a continued breakout structure that gave the bulls strong momentum, which is also a continuation of bullish strength. After a short-term pullback during the day, Bitcoin has now retreated to around 77,000 for consolidation, which is a typical strong pullback and consolidation pattern. Ethereum's movement is consistent with Bitcoin's, pulling back to the 2,400 level and facing resistance, with the low point o

The intraday Bitcoin chart shows a strong unilateral upward trend. After the price stabilized at a low of 73,873 in the early morning, it began to gain momentum, consecutively breaking through the 75,000, 76,000, and 77,000 levels. In the afternoon, it accelerated upward, reaching a high of around 78,300 in the evening, setting a new high for this round of rally. The entire upward process experienced almost no significant retracement, with the low points gradually rising from 73,873 to around 78,000, and the highs continuously hitting new records, indicating very strong bullish momentum. Ether

In the afternoon, after the market rebounded overall, it continued to push higher and then faced resistance around 76,300, pulling back under pressure. Currently, the spread has been adjusted downward to around 75,000 and has met some resistance, with the current spread staying in consolidation around the 75,500 level. As for Ethereum, its price action has been following the same pattern as Bitcoin: after a rebound attempt at 2,380 to probe a key resistance level, it pulled back. With the spread coming into a phase of adjustment and pullback, the adjustment around 2,335 met resistance and rebo

At present, the key support level on the four-hour chart is the middle band support. The intraday pullback does not break it. At the moment, for the downside suppression, pay attention to whether the 76,000 level around the “76000” line resistance breaks. During the daytime session, the long side should continue to push higher. As the market moves further up, it may further reclaim the 77,000 level. However, there may be some selling pressure at higher levels. Around 75,500, a light position can attempt to enter a short. The key resistance in the daily chart is the 120-day moving average at th

The trading pattern on the white board remains consistent with previous methods. Bitcoin is almost still hovering around yesterday's high levels, experiencing high-level oscillations. The oscillation range has shifted downward somewhat, with the lowest retracement reaching around 74,500, which has found support, but there has been no strong rebound from the bulls. As for Ethereum, it is showing a relatively weak trend, mainly moving in a downward oscillation from the morning’s 2360. The lowest retracement on the white board is around 2310, encountering resistance, and it is currently fluctuati

Reviewing the early morning market, Bitcoin generally experienced a slight pullback after a certain rebound, but did not further stabilize above the key support level. After a phased bottoming out and rebound, the bulls' volume increased for adjustment. During the closing phase of the US stock market, Bitcoin surged to the 75,500 integer level before facing resistance and falling back. Currently, it has not broken out of a further bearish pullback with increased volume; the second rebound confirms the top resistance, and it remains at a relatively weak point. As for Ethereum, its movement is b