ZijunOnCoins

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The recent market trend can only be gradually approached in the short term. The most recent Monday's layout had a maximum of over 1,000 points of space. Currently, it is starting to decline again; the overall trend is still forming a bottoming pattern with oscillation. At this position, we can still follow the trend to look upward. Currently, at this level, it can't go lower next time, but it is quite frustrating.
The overall layout picture is still the previously mentioned time-for-space exchange. In the short term, there won't be much change because of the lack of liquidity. We can arrange o
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It has disappeared for a while, but recently there hasn't been much to do in this market. Since the downward break at the beginning of the month, it has been in a low-level consolidation phase. And there is also little liquidity, mostly some existing positions fighting it out. Plus, external news factors are not ideal. Most people are quite pessimistic. However, at the current stage, the bottom position still allows for an upward layout.
Although there hasn't been a significant rebound, the support at the bottom has already formed. The rebound space is still quite large, requiring time to exch
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NozomiSam:
74000?
Last week I kept trying to buy the dip but didn't take much action. Mainly because the market was too weak, hitting a new low every day. I also really didn't dare to enter the market. This morning, the bulls finally saw a volume-driven rebound. Currently, the decline has stopped and there are clear signs of a rebound. I already bought around 63 in the morning, and I can ride the rebound. If this rally has room to run, it won't be small.
There’s not much to say about the technical indicators; it’s mainly a macro issue. Previously, the US dollar was draining liquidity, mostly some on-market fund
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Get ready to pack up and prepare to take action. Luckily, yesterday's low didn't rush into the market. I already warned yesterday that after observing for two days, there are clear signs of a rebound. This kind of market situation is just to trick people in and get them beaten. It has been giving you good opportunities to buy the dip. Once you buy in, you'll get beaten. Over these past two days, many traders probably haven't made a sound after being hit. This round of Bitcoin has already retraced nearly 20k points to around 63,000.
Now I increasingly believe that a 70k stop-loss is correct, wa
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Once again, a historically significant pullback. After Bitcoin broke above $80k previously, I expected a structural correction pullback. I didn't expect it to suddenly break downward in a one-sided move without looking back. Our previous long position at 75,000 has already been stopped out at 70k. But choosing to cut losses was the right decision; the market hasn't reversed. After breaking below 70k, it further declined. These days, we should observe for a particularly good entry point to buy the dip. Waiting for a rebound signal is when we will re-enter the market.
In the past two days, Bitco
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Yesterday, Bitcoin attempted a breakout above the resistance but was unsuccessful, instead pulling back after being under pressure and briefly retesting 3000 points.
Currently, this position is exactly where we previously mentioned as a good area for positioning, around 76,000.
Opportunities present themselves for us to follow the trend and make arrangements; the market has been showing volatility recently.
Might as well take some action since there's nothing else to do, and recently, a short-term trade could be considered.
From a technical indicator perspective, the 4-hour level has c
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Looking at this period, liquidity is decreasing more and more. Currently, we are in a weak correction phase. Last night, there was a false breakout. Then it retreated again. Overall, intraday, it remains relatively weak. Moreover, the volatility is indeed low, making it hard to create any room. After getting out of the position yesterday, I haven't made any new moves; even if I had entered, there wouldn't be much profit to be made. See if there’s a better position for me; let’s get in.
From a technical structure perspective, looking at the daily chart, it is currently undergoing a correction a
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It's been strange lately, with little fluctuation on weekdays. As soon as the weekend arrives, the volatility starts to pick up, and Bitcoin dipped below 75,000 over the weekend. However, currently, before this rebound, our previously positioned Dancer has also been unwound. The recent trend has been very difficult to trade, always in a weak adjustment. In this kind of trend, preserving your bullets is the most important. It's time for us to enjoy the meat in a normal market.
From a technical structure perspective, Bitcoin has completed a daily chart correction after the support zone. It has c
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This week can be said to have had no fluctuations at all, since Bitcoin moved out of a retracement wave again before the market opened this week. In the following days, it has been in a consolidation phase. My position at 782 has also not been triggered yet. However, I personally remain optimistic about a rebound after the decline.
Last week, Bitcoin experienced a daily-level retracement, and although the volatility has been low these days, it has already closed two consecutive bullish days. Currently, it is only in the stage of stopping the decline without a volume-driven rebound. Today being
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This week, Bitcoin has shown a phased downward trend, with Bitcoin once dropping to around 77,600 yesterday. Currently, on the daily chart level, there is some degree of break below. Although there was a small rebound today, it is considered a temporary halt to the downward momentum. Looking at the longer timeframe, it is still in an upward trend. At this stage, the pattern can be viewed as a bullish setup, with strong support below to ease the pain.
From a technical structure perspective, it is currently fluctuating between 78,000 and 82,000, showing a high-level consolidation pattern. In ter
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These past couple of days, the fluctuations haven't been significant, just as I expected, forming a new consolidation range above 80k. Today's daytime rebound was quite good. In the evening, it started to turn sharply downward again, falling back below the opening price. Trump coming to China today, I don't know what he plans to do. Its impact on the market is still unknown for now. If there is a volume increase downward today, look for a good position to buy on the Northbound train.
From a technical perspective, the daily chart of Bitcoin has already formed three consecutive bearish candles.
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It's almost time for the CPI data release, as mentioned last night. The Northbound trading can be taken profit on. There is resistance above, wait for a pullback within the day to look for a buying opportunity. Currently, it just reaches around 80,500 mentioned in the evening, but considering there is still an hour before the news comes out. No rush to buy now, wait and see the trend, maybe there will be a better position. Today's trend is relatively weak, and currently the bulls are not showing strong volume.
From a technical perspective, Bitcoin has broken through the four small moving avera
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Last week, it was said that BTC would drop to 80,000 once, and we also set up our positions at the high point. After BTC broke below 80,000, Ji Jun also reminded everyone to go long again and look upward. This move allows both ups and downs to be captured, taking around 4,000 points of space. Everyone who got on the train has already been enjoying the gains—today is an important milestone.
With the upcoming CPI data as a boost, it may guide the subsequent direction. If the upward move continues, it is very likely that there will be a second rally to around 85,000. In the short term, the previo
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As expected, Bitcoin has been in a weak pullback phase since last night. Currently, the price has already fallen below 80k, and the four-hour pullback has already been reached. There is approximately 2,000 points of downward space remaining. We will no longer focus on breaking the pattern; instead, we will maintain the previous strategy. After the pullback, continue to look upward.
From a technical structure perspective, currently, the four-hour Bollinger Bands indicate a four-hour pullback. After touching the lower band, support was found. Although the MACD is currently showing continued stre
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IndianOldSparrow:
Are the charts for Bitcoin suggesting that it might dip into a deeper correction? So you’re going to short right after the rebound, right?
The price has come full circle again, and the rebound in the morning actually performed quite well. It has been gradually declining without volume. However, after touching the four-hour moving average, a rebound occurred, and now it has returned to around our cost price. We can only wait until the market moves forward.
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This morning, we are currently moving in the predicted direction, and it seems that breaking 80k is not a big problem. It may be the last retracement, and we will continue to be the main force of the bullish camp. Currently, once Bitcoin pulls back on the four-hour chart, we can consider taking profits and reversing our position. The overall trend remains unchanged, and we will continue to look upward toward resistance levels around 86,000, where we can consider buying the dip again.
Friends who follow me know that since early March, when it was around 65,000, I kept calling for a rally to abo
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Today remains strong again, this morning we entered around the halfway point. Fortunately, the 83 stop-loss was not triggered, and the current price has returned to near our cost basis. Recently, it’s still heading south, optimistic about breaking 80k again. After this correction, we will focus entirely on heading north!
Currently, there is a slight pullback in price, and not continuing the upward trend is a good signal for us. Both the 1-hour and 4-hour timeframes are showing decreasing volume. The US stock market continues to rise, but Bitcoin hasn't kept up much; any pullback in Bitcoin sho
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Long time no see, and finally back from the holiday. During Labor Day, Bitcoin broke through the resistance and surged past 80,000. Currently, the price is stable around 81. I mentioned this last week as well, mainly focusing on a bullish outlook. The prediction has been perfectly validated. Moving forward, after surpassing 80,000, we can consider a downward move. We can jump in directly today.
From a technical perspective, the four-hour MACD is showing some weakening of the bullish momentum. Because recent volume increases have been rapid, and our current downward move is a counter-trend stra
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These past two days, Bitcoin has experienced a slight pullback, and the current trend has been established. The pullback is an opportunity to buy in; every pullback is a chance to enter. Currently, the price is holding above the 75-day moving average, indicating a short-term bullish outlook. Although there has been some consolidation in recent days, the 80k level is definitely a target to test higher.
On the daily chart, consecutive solid bullish candles have been formed, with the price center of gravity steadily rising. The moving average system shows a typical bullish arrangement, with the 5
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Last night, Bitcoin's price reached its peak, although it did not break the 80k mark.
But overall, it still shows strong momentum. Currently, there is a short-term pullback during the day, but the strength is not enough to prevent looking for entry points.
Friends who have entered early mostly know that they have been looking upward for over a month now, and they are currently steadily making profits.
Whether it's long-term or short-term, today’s volatility is not significant, with little volume.
You can look for positions in advance.
From a technical perspective, if the weekly chart
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