LinTingOnCryptocurrency

There's not much to analyze about BTC; in the short term, it still needs to test the 80,000 level, so just wait until it goes above 80,000 and then short with a ten-thousand-fold leverage. It's just missing a high point wedge to complete. Currently, it can't fall because there are too many short sellers, with the contract funding rate and market depth being negative, indicating a crowded bearish market. A large number of retail investors are eager to short, a typical sign of a short squeeze coming.

The 77k long-entry strategy mentioned above was precisely executed, capturing over a thousand points of profit.
At this stage, I think this level is still a bit strong on the daily chart; the oscillation center of gravity keeps moving upward and hasn't accelerated yet.
It's estimated that a pullback will only occur at 83-84k, so there's still room to buy low!

Bitcoin encounters minor resistance and pulls back, but I am not shorting now
Bitcoin encounters minor resistance and pulls back, but I cannot chase short now! Many people see the price stagnating and their first reaction is to top-tick and short. My current view is very clear: do not short now.
Currently, the larger-scale structure remains a bullish trend. The pullback at minor support levels is a normal correction, not a reversal signal. In a bullish trend, shorting is like fighting against the market—winning yields small profits, losing can lead to big losses.
The 4-hour structure is still

Bitcoin encounters minor resistance and pulls back, but I am not shorting now
Bitcoin encounters minor resistance and pulls back, but I cannot chase short now! Many people see the price stalling and their first reaction is to top-tick and short. My current view is very clear: do not short now.
Currently, the larger-scale structure remains an uptrend, and the pullback at minor support levels is a normal correction, not a reversal signal. Shorting in an uptrend is like fighting against the market; winning yields small profits, losing results in big losses.
The 4-hour structure is still in an upw

Yesterday, during the entire night of the US market session, it surged directly to the 79,500 level, approaching the 80k mark, while also publicly indicating a bullish signal at 79,500. The actual trading range reached over 77,800, hitting 79,300, leaving a 1,500-point space, and the trend is fully under control!
From a technical perspective, the three-day EMA52 is a strong resistance, corresponding to the price level that has been repeatedly emphasized at the 80,000 threshold. Currently, MACD shows no bottom divergence signal, and the subsequent movement will inevitably follow a rebound-downw

The recent acceleration in BTC within the day has liquidated all the chips near the new high. This move may also be driven by a short squeeze after a burst of short positions, as most short traders set their stop-loss levels near the previous high. Now that it has broken through directly, it has triggered a short squeeze market. Next, we need to watch the upper boundary around 79,500.

Continuing from the previous post, yesterday’s short-position strategy at 76,500 was closed at the 75,000 mark in the early morning. Still, you can’t afford to have too narrow a mindset. Recently, the Nasdaq has continued to rise, completely ignoring the saber-rattling from the US and Iran. This shows that Wall Street’s outlook on the next developments between the US and Iran is optimistic. They know their president too well.

The short-term rebound trend is basically exactly as I predicted. The small-level high point just barely reached above 76,500, and the entry point I planned was right here, so I perfectly caught the short position, handling it very confidently. Currently, the unrealized profit is over 1,000 points.

Seeing the meat! The right-shoulder high point of the BTC 4H head-and-shoulders pattern is basically confirmed. The news flow is very likely to be hard to negotiate, so keep an eye on the neckline at 7.35w—once it breaks below, it’s straight out with the flood. Shorts, just sit tight and wait for takeoff!

The opportunity for partners who haven't started shorting yet is coming soon. Starting to reverse and bring you in to short the market, because Bitcoin has formed a head and shoulders bottom pattern on a small timeframe. However, since it's a small timeframe, the strength won't be too strong, and there might be a false breakout.
You can watch the neckline around 76,500, which is also the Fibonacci retracement level 0.618 resistance. If there's a stronger move, it would be around 77,300. So, those who haven't entered a short position can consider shorting within this range.

Continuing from the previous issue, after the BTC 76K key high point was broken through, there was no continuation, and it quickly turned around to a false breakout.
The bulls will start to run away, and the bears will actively short. The downward trend begins, with the bears' reference take-profit level around the 71K range.

Update on Bitcoin strategy: First of all, the daily chart has basically topped out already, and the probability of breaking through the 78,300 level again is very low because the high point on the daily chart touches the EMA moving average resistance level, and then it was pushed down. Last night, both the weekly and daily candles closed, with the daily chart showing two consecutive bearish candles, and the gains from the previous bullish candle have almost been completely wiped out. Then, the weekly candle closed with a long upper shadow, which is enough to confirm the top signal.
In the shor

The market has been oscillating for more than two months, and a trend is about to emerge. This is a bear market, so the trend is downward. I have a vague feeling that the top is near these days, with altcoins flying wildly, BTC facing resistance levels, and crude oil starting to rebound. It's not good news for crypto, as I'm preparing for a new round of widespread short positions.

This rebound is far from over. This rebound will definitely surpass the March high of 75,900 by a few thousand points. The pullback is not strong, and there is a further rebound demand in the future. Next, the focus is on attacking the resistance of the monthly EMA30 near 77,000.

Not right, the Air Force is temporarily avoiding its sharp edge, Bitcoin is rallying with Ethereum, and BSC chain altcoins are also recovering, wild coins flying around.
After BTC breaks through 75,500, the resistance points are 76,800 and 77,700. These are the short-term profit-taking points for long positions in the past two days. When there is no pullback, try to set up the position, start with small positions, and when floating profits expand, add to the position. Near the latest cost price, first block the defense to prevent a sudden drop turning into a loss, then see how much profit can

There are already chips on the sell orders here for BTC, and there isn't much liquidity left for upward liquidation. The only concern is the US-Iran talks, but my personal subjective opinion is that they won't be that easy to negotiate. Plus, the 75k level is also considered a previous high, meaning either shorting at the top on the left side or waiting for a breakout to go long on the right side.
But I think it's okay to test the top on the left side near 75k in the short term, so I plan to test the top.

Open short positions with stop-loss, but keep the stop-loss very tight.
Don't be afraid; the market is currently releasing positive expectations for a second round of negotiations.
Next, it will give the bulls a slap again, providing another shorting opportunity.

The small-scale B wave rebound of BTC has begun, and the high point currently also aligns with the judgment, so you can directly enter a short position around 72,000 yuan at the current price. I also added to my short position. Once the rebound ends, a major crash is about to start. Additionally, ETH has also reached the short entry point. If you don't get in now, when will you? You must short. Go, go, go!

S&P 500 bearish, beware of crashing the cake!
Reasons:
1. Daily arc top
2. T13 reversal pattern appears on the daily chart
3. Wave B rebound ended, C wave decline begins

The market is temporarily continuing to fluctuate sideways. As I said before, if there’s a rebound, you can continue to short. The small-scale rebound high for BTC is expected to be in the 7.18-7.23w range, and 7.25w can be used to add to your position. For ETH, it’s roughly around 2,230-2,250, and adding at 2,270 is fine. In short, short on rebounds. Currently, the short positions have already been entered. If there’s a rebound, I will add to the shorts.