Okay, it's really painful. I originally planned to short at 974, but hesitated and ended up shorting at 970. After setting a breakeven stop-loss, I went to the gym in the afternoon. When I came back in the evening, I got breakeven. The strategy was fine, and the breakeven was fine too. The problem was hesitating at 974. If I had opened the position at 974, I wouldn't have been stopped out 🤡$BTC
mystery蛋先生
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Oh no, woke up to a profitable empty order, set a breakeven stop loss first, just in case $BTC {future}(BTCUSDT)
Previously mentioned that you could start gradually buying spot at 86000, and now it's time to go. I only took a initial position at 86000, and made around 14%. I also advised my brothers in the group to exit: $BTC
mystery蛋先生
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Where is the bottom of Bitcoin? This is something no one can predict!!!
But looking back at the past, if we go by the saying of carving a boat to seek a sword, then starting from 86000, we can gradually buy the dip in spot trading, as historically, a drop of 32-34% has often been followed by a rebound.
From the weekly K-line perspective, 86000 serves as a support price; when it reaches 86,000, the drop approaches nearly 32%. Therefore, starting to buy the dip gradually from this area is not unreasonable.
However, this is limited to spot trading. If you think about holding high-leverage contracts for the long term, it's better to give it up, as the risks are too high. You don’t know where the bottom is; only after stepping out and looking back will you think, "Oh! That price at that time was the bottom. Why didn’t I go all in!!!"
Don’t be a person who realizes things too late, and don’t aim to buy at the absolute bottom or sell at the absolute top. Once you reach your target in your heart, you can start to gradually buy spot and not go all in; leave some positions for the worst-case scenario $BTC {future}(BTCUSDT)
Oh no, woke up to a profitable empty order, set a breakeven stop loss first, just in case $BTC
mystery蛋先生
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The long positions that were expected didn't materialize, which indeed led to some retaliatory shorting, but it wasn't random. Rather, I acted after observing resistance at 0.618, horizontal resistance, RSI divergence, and volume-price divergence—all aligning to justify this trade $BTC
Good, it's the same as yesterday again, let's all go short in coin-margined positions at the preferred short level, funding rates have gone all the way to —🤡$BTC
The long positions that were expected didn't materialize, which indeed led to some retaliatory shorting, but it wasn't random. Rather, I acted after observing resistance at 0.618, horizontal resistance, RSI divergence, and volume-price divergence—all aligning to justify this trade $BTC
mystery蛋先生
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Don't mention it, the big pie has reached today's multiple order take-profit level, but I didn't execute this one, really annoying, now I'm feeling like doing a revenge short😂$BTC {future}(BTCUSDT)
Don't mention it, the big pie has reached today's multiple order take-profit level, but I didn't execute this one, really annoying, now I'm feeling like doing a revenge short😂$BTC
mystery蛋先生
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【Bitcoin breaks through key level, where will it ultimately go?】 Recap: Yesterday, Bitcoin was initially resisted at the 0.618 level, and short positions were taken, resulting in nearly a 1% profit from the drop. We reminded everyone to set a breakeven stop, but the subsequent rebound erased the breakeven stop. Last night, we noticed a large number of Bitcoin holders shorting Bitcoin in Bitcoin-denominated positions, and we again reminded everyone not to short; if you must short, wait for the right opportunity
Back to the K-line: Looking at the current chart pattern, Bitcoin has broken through the ascending triangle formation that has been consolidating for the past two months. Where Bitcoin will ultimately rise to is uncertain—don't assume it will hit 100,000 when it rises, nor 50,000 when it falls
Bitcoin has now broken through the resistance zone of 938–944. For those looking to go long on Bitcoin, wait for a pullback to test this support area. If it holds, enter long with a stop-loss at 930, and target around 973. The risk-reward ratio could reach approximately 1:4, which is quite favorable
As for whether the blue area above can be reached, it's unclear—take it step by step. The key resistance level at present is 973. If it breaks through, we can look toward the 100,000 level. $BTC {future}(BTCUSDT)
I've been waiting for a pullback, and once it hit the 945-944 range, it rebounded. I missed out on this long position. If you jumped in directly, congratulations to you 😂$BTC
mystery蛋先生
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【Bitcoin breaks through key level, where will it ultimately go?】 Recap: Yesterday, Bitcoin was initially resisted at the 0.618 level, and short positions were taken, resulting in nearly a 1% profit from the drop. We reminded everyone to set a breakeven stop, but the subsequent rebound erased the breakeven stop. Last night, we noticed a large number of Bitcoin holders shorting Bitcoin in Bitcoin-denominated positions, and we again reminded everyone not to short; if you must short, wait for the right opportunity
Back to the K-line: Looking at the current chart pattern, Bitcoin has broken through the ascending triangle formation that has been consolidating for the past two months. Where Bitcoin will ultimately rise to is uncertain—don't assume it will hit 100,000 when it rises, nor 50,000 when it falls
Bitcoin has now broken through the resistance zone of 938–944. For those looking to go long on Bitcoin, wait for a pullback to test this support area. If it holds, enter long with a stop-loss at 930, and target around 973. The risk-reward ratio could reach approximately 1:4, which is quite favorable
As for whether the blue area above can be reached, it's unclear—take it step by step. The key resistance level at present is 973. If it breaks through, we can look toward the 100,000 level. $BTC {future}(BTCUSDT)
【Bitcoin breaks through key level, where will it ultimately go?】 Recap: Yesterday, Bitcoin was initially resisted at the 0.618 level, and short positions were taken, resulting in nearly a 1% profit from the drop. We reminded everyone to set a breakeven stop, but the subsequent rebound erased the breakeven stop. Last night, we noticed a large number of Bitcoin holders shorting Bitcoin in Bitcoin-denominated positions, and we again reminded everyone not to short; if you must short, wait for the right opportunity
Back to the K-line: Looking at the current chart pattern, Bitcoin has broken through the ascending triangle formation that has been consolidating for the past two months. Where Bitcoin will ultimately rise to is uncertain—don't assume it will hit 100,000 when it rises, nor 50,000 when it falls
Bitcoin has now broken through the resistance zone of 938–944. For those looking to go long on Bitcoin, wait for a pullback to test this support area. If it holds, enter long with a stop-loss at 930, and target around 973. The risk-reward ratio could reach approximately 1:4, which is quite favorable
As for whether the blue area above can be reached, it's unclear—take it step by step. The key resistance level at present is 973. If it breaks through, we can look toward the 100,000 level. $BTC
There are too many short positions in coin margin, funding rates have dropped to -, luckily I was reminded to set a break-even stop in time last night, otherwise I would have been wiped out by now. Currently, there are no shorting opportunities, just keep waiting. $BTC
mystery蛋先生
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Bitcoin is blocked by the Fibonacci 0.618 resistance, which is also the short entry position I mentioned today. Those who have entered can now move the stop-loss to breakeven at $BTC {future}(BTCUSDT)
Bitcoin is blocked by the Fibonacci 0.618 resistance, which is also the short entry position I mentioned today. Those who have entered can now move the stop-loss to breakeven at $BTC
mystery蛋先生
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Bitcoin outlook: Reference 1H During this period, the overall market has been somewhat dull, basically oscillating around 90,000-920, undergoing consolidation. Here's a short-term trading idea:
Bitcoin's one-hour chart is forming an ascending channel pattern. For short-selling, you can watch the upper edge resistance of the channel, which also happens to be the 0.618 resistance level of this recent rally, with a target at the lower edge of the channel at 904 support. If broken, you can continue holding.
For long positions: The 904 support at the lower edge of the channel is no longer recommended for left-side entries. Instead, consider right-side signals. If you prefer placing limit orders, you may refer to the 888-882 range, which is the CME gap area and also a major support level. $BTC {future}(BTCUSDT)
Bitcoin outlook: Reference 1H During this period, the overall market has been somewhat dull, basically oscillating around 90,000-920, undergoing consolidation. Here's a short-term trading idea:
Bitcoin's one-hour chart is forming an ascending channel pattern. For short-selling, you can watch the upper edge resistance of the channel, which also happens to be the 0.618 resistance level of this recent rally, with a target at the lower edge of the channel at 904 support. If broken, you can continue holding.
For long positions: The 904 support at the lower edge of the channel is no longer recommended for left-side entries. Instead, consider right-side signals. If you prefer placing limit orders, you may refer to the 888-882 range, which is the CME gap area and also a major support level. $BTC
The liquidity of the big pie has been drained to this extent, it's directly broken, you wouldn't know it's not a small coin unless you look closely 🤡$BTC
GM, I was drunk last night, tested the 3050 area again at 11 PM, the highest rebound was around 3144, the one who made this trade also made a small profit, I didn't catch it, I was busy drinking😂$ETH
mystery蛋先生
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Ethereum outlook: Refer to 4H Yesterday mentioned that if Ethereum holds around 3050, we could take a long position based on a breakout retest of support. Currently, the rebound strength isn't strong, so let's take partial profits and set a breakeven stop. If it breaks above 3150, keep holding; if not, exit fully.
As for whether to continue going long in this area, it's possible, but we shouldn't place limit orders on the left side—we must act on the right side only.
Once it breaks below 3050, it's highly likely to sweep up the long-term liquidity below. Therefore, the subsequent trading strategy is: if there's a pin bar and it recovers, go long; if there's a real bearish candle breaking through, go short. $ETH {future}(ETHUSDT)
Ethereum outlook: Refer to 4H Yesterday mentioned that if Ethereum holds around 3050, we could take a long position based on a breakout retest of support. Currently, the rebound strength isn't strong, so let's take partial profits and set a breakeven stop. If it breaks above 3150, keep holding; if not, exit fully.
As for whether to continue going long in this area, it's possible, but we shouldn't place limit orders on the left side—we must act on the right side only.
Once it breaks below 3050, it's highly likely to sweep up the long-term liquidity below. Therefore, the subsequent trading strategy is: if there's a pin bar and it recovers, go long; if there's a real bearish candle breaking through, go short. $ETH
Bitcoin outlook: Refer to daily chart From the daily chart perspective, Bitcoin is currently forming a consolidation triangle pattern, which is why we advised shorting at 940 on Sunday upon spotting a false breakout signal.
Yesterday, we originally intended to go long on Bitcoin around the 882-888 range, but unfortunately, the opportunity didn't materialize. Since the chance wasn't given, we shouldn't force the entry.
Looking ahead, keep an eye on the 927 area, which is the 0.618 resistance level following this drop and also a horizontal resistance zone on the 4-hour chart. If resistance holds here, consider shorting with a target toward the lower trendline. The current price is around 877.
But remember, as time passes, the trendline price will rise accordingly. By next week, the trendline may shift to the 888-882 range, which coincides with the Bitcoin CME gap level $BTC