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Bitcoin suddenly canceled the attack operation, causing the already fragile market to instantly surge. As expected, the man who draws lines with his mouth, but faced with the over 30 instances of the "Wolf is coming" effect that failed to materialize, the bulls ultimately failed to break through the psychological level of 64,000. Coupled with the siphoning of funds from the SpaceX IPO and the macro $ETH liquidity withdrawal, this wave of rebound paused after reaching the strong resistance zone of 63,880 to 64,700. Currently, Bitcoin has returned to the 63,800 to 62,400 range for consolidation
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Prices oscillated high and then fell back, with weak rebounds and continuous new lows, causing the market to fall into a weak stalemate! Various factors are coming one after another, multiple key data releases are imminent, Bitcoin and Ethereum's critical support levels are in danger, and the next trend is whether to halt the decline and consolidate or to continue weakening directly?
These past two days, Bitcoin has been in a high-level oscillation and decline pattern, with the overall trend gradually moving downward. After a slight dip in price early this morning, it has been hovering at a lo
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Stop looking in the wrong direction! After Bitcoin breaks through the key trend line, the bulls are stepping up their push, and the previous high resistance is within sight. Should we follow the trend to hit new highs or turn back for a correction? This article clarifies the key levels and trading strategies.
Bitcoin has currently broken through the downward trend line, and next it aims to challenge the resistance zone between 81,650 and 82,100. Breaking through this area would give the chance to reach the previous high of 82,800. If it fails to break through, continuing the upward trend will
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Bitcoin breaks below key support and rebounds, is it a trap to lure traders or the start of a rebound?
Ethereum loses an important level, the critical life-and-death line is clear, whether it breaks through or not will directly determine the future market trend!
Bitcoin first broke through the triangle consolidation zone in the early morning, then consecutively broke below the key support level of 80,350, approaching the support at 79,520.
Soon after, it was pulled back by a large bullish candle, regaining the 80,350 resistance level, and even formed a bullish pattern at a low point.
S
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Bitcoin is drifting lower without stopping—has the adjustment truly bottomed out? Both key support and resistance levels are coming under pressure at the same time, and the “long/short battleground watershed” is becoming clearly visible. Every step of the next price move is crucial‼️
Based on Bitcoin’s currently observed decline pattern, the correction still hasn’t finished. In theory, the decline should bottom out around 80000. Only if Bitcoin rebounds quickly and then firmly holds above 81700 can the sideways drift be considered to have wrapped up and a rebound rally can begin. After holding
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Prices surged with strong bullish momentum but repeatedly failed to break through. Is there a big trap hidden in this wave of Bitcoin's movement? After three attempts to push up to 82,800 without success, support levels are being tested repeatedly. The head and shoulders pattern has already appeared. Once it breaks down, a pullback may begin?
Currently, the bullish sentiment pushing prices higher remains quite strong. There have been three consecutive attempts to go up, but the 82,800 level has not been broken. Moreover, each high point is getting lower, which is a very dangerous signal. It’s
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Bitcoin's recent pattern of a sharp drop followed by a strong rally, known as a "pin" movement, I wonder if my followers who paid attention managed to catch this trend?
This upward move was already hinted at in the early hours through a clear bullish engulfing bottom pattern near the key support level of around 80,350. This position was completely fine, and afterward, the market surged directly, breaking through the resistance at 81,700. However, it did not break the previous high of 82,828.
So, the current market trend is not very optimistic. Bitcoin first touched 81,630 and then pulled back.
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A week has passed, and the upcoming week is packed with major market events, each of which could influence the market trend. Federal Reserve personnel decisions, U.S. CPI data, the voting on the "Crypto Clarity Act," Powell's resignation, and ETF capital flows—all are key influencing factors.
If the CPI data is lower than expected, the crypto bill passes smoothly, and ETF funds continue to flow in, then the price is likely to surge upward, targeting the 83,500-84,800 range. But if the CPI data is much higher than expected, the bill voting doesn't go smoothly, and ETF funds start flowing out, t
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Next week, the Federal Reserve is about to undergo a major change, with new Chair Kevin Woorh likely to receive Senate confirmation on Monday, officially taking over from old Powell on May 15th.
The market is both eager and cautious about him, generally believing he will lean more toward cutting interest rates to boost the economy. But don’t forget, Woorh has always advocated for structural reforms, and his first public speech after taking office could cause significant shocks to the market. As soon as he hints at policy adjustments, the market will tremble. The key now is to see how he balanc
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There aren't many major news over the weekend, plus the US stock market is closed, so the sideways movement is very normal. Mostly robots are making trades back and forth, so there's no need to pay too much attention to this boring fluctuation.
Bitcoin is now stuck inside a triangle, moving back and forth. On the hourly chart, it's clearly visible that the highs and lows are gradually rising—this indicates a small-term upward trend within the triangle, note that it's inside the triangle, not the overall big trend.
The key support is at the lower boundary of 79,550. As long as the price bounces
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Bitcoin has now broken above the resistance level of 80,350.
If it can hold steady above 80,350, it means the short-term hourly correction has come to an end, and a rebound and rally will begin.
The key to this rebound is whether it can break through the previous high; this will determine if the upward trend can continue.
If it fails to break the previous high, the trend may retrace again.
Currently, the focus is on the pullback movement— as long as the price does not fall back into the bullish flag area, there is little risk;
if it drops back into this zone, the price is likely to f
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Currently, Bitcoin is in the 79,350-79,190 range, repeatedly bouncing off without breaking below, which is not a coincidence. This level was previously a resistance point that Bitcoin failed to break through twice; only after a difficult breakout did it rise to 82,800. According to the support-resistance flip rule, the previous resistance has now become support, so it’s not so easy to break down.
But that doesn’t mean it’s absolutely safe; we can only say that holding this range keeps hope alive, and there’s a chance for a turnaround. If it breaks below, the downside potential will immediately
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Bitcoin fell below the important support level of 80,800 during last night's second correction, dropping to 79,137 before temporarily stopping; it is still testing downward!
$BTC 79,590 is the current key support level. If it can hold, it won't drop further to 78,133; but if it breaks directly, 78,133 is unlikely to hold. Once 78,133 is also lost, this short-term upward trend will be completely over, and the rebound will end. Moreover, 79,590 has been tested several times; to stop the decline and rebound, it must break through the flag pattern resistance at 80,250. Only after breaking through
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Big🫓 after rising to the high point of 82800, the market did not continue to surge higher, and the key support level of 82200 also failed to hold, causing the market to quickly turn back and fall, directly dropping back into the previous flag pattern consolidation zone.
Subsequently, the price attempted to rebound and rally twice, trying to stay above 82190, but both attempts failed. The rebound was unable to break through the resistance, so the market naturally continued to decline, reaching the support level at 80800 below.
Previously, when the price first touched the 80800 support, it
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A true hunter never fears the gaze of the abyss.
Knowing that the ultimate market scenery often emerges from the most desperate lows,
and the Wave Road perfectly demonstrates this precise prediction.
Since last month, the market has been continuously dragged down by news,
bottoming near the 65,000 level, with the entire market filled with pessimism,
most people falling into panic, unanimously expecting the market to continue weakening.
But the more people are panicked and watching the market,
the more it reflects the strength of professional deployment.
We defied the trend and
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Is the recent upward trend of Bitcoin over? I don't think so.
Currently, Bitcoin has broken below the bearish flag pattern and is testing the key support level at 80,800. If this level cannot hold, it will move downward to test the support at 79,600, and once 80,800 is broken, the upward trend will be directly disrupted, and the price may fall into a range-bound consolidation zone with fluctuations.
For those who are doing short-term trades during this correction, it's best to exit quickly, or you'll risk getting trapped! Many people in the market are saying the upward trend is over, but that'
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Bitcoin is still constantly pushing new highs. The reason is simple: the people doing “k” are just too crazy—throwing in and smashing “k” order after order. Unless the main players fully blow up and clear out these buy/sell controls, there won’t be a big pullback.
Right now, Bitcoin 🫓 is rushing toward the resistance at 82201. If it can break directly through this level, the next step is likely to probe the 83500 area. If you still insist on doing “k” against the trend now, I’ve got to say you really are a stubborn idiot!
Let’s look back at the past few days’ price action and you’ll understan
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Even though the road is long, if you keep walking, you’ll get there; even though the task is difficult, if you do it, it will surely be accomplished. Hold your rhythm steady and move forward step by step—what you want, time will eventually give you.
These days, many people are shouting that the market’s peak is in and predicting a steep drop, but the price action is being hit in the face. After every small pullback and consolidation shakeout, the market repeatedly rebounds strongly and lifts— the big-picture trend hasn’t changed. Pullbacks are good opportunities for low-cost entries, but many
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Bitcoin's current upward trend is far from over; the momentum is particularly strong now, with highs continuing to rise, and lows also being lifted higher—an upward trend as steady as an old dog. Don't think that just because prices have increased, it's time to sell; high and low prices are not signals to act, the trend structure and key levels are what matter. As long as the upward trend remains unbroken, even higher prices can continue to rise.
Every time Bitcoin hits a new high, it experiences a small pullback, and each time it can firmly stay above support levels, then continues to rally a
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