ThingsAreTurningAroundForLuo

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The hourly K and 4-hour K are both settled at the stop-the-fall level.
The evening rebound continues and in the end it still needs to test the MA200’s lifeline and death line, which is 83000 ​​​$BTC
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The hourly K-line’s double bottom, seeking support again,
Still can take a second long entry at 80800 again $BTC
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ThingsAreTurningAroundForLuo:
🌍yhn
7922
Intraday, everyone is encouraged to go long around 81,000, with the core logic being that the area around 80,600–80,000 has already formed a clear support zone.
The formation of this zone stems from the previous gap fill phase, followed by the daily chart further testing the upper resistance line. Meanwhile, the four-hour chart's pullback and closing did not weaken; instead, it firmly stayed above 80,800, indicating that buying support below still exists.
It is precisely because of this that long positions around 81,000 hold value.
Currently quoted at 81,600, the overall rhythm remains in line
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The market price of Ethereum is 2316 US dollars, with an outlook towards around 2400 $BTC $ETH
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ThingsAreTurningAroundForLuo:
🌍yhn
7922
Guided by price, to start today's new journey
Having exerted such great effort to stay above 80k and breaking through it, the lower boundary, then it will move toward the upper boundary.
The specific position of the upper boundary is around 84,000-85,000.
So later, we only need to look for bullish signals around 81,000. ​​​$BTC
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Starlight does not ask about travelers on the road, and time does not disappoint those who are dedicated $BTC
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The direction of Bitcoin's white chart is strengthening and pulling between 81-82
So the upward or downward direction will be clarified tonight
That is, around 8 o'clock tonight when the 4-hour K-line closes
We'll see if the price is above 82,000 and holds steady
Holding steady is needed to go long; breaking below 81,000 is a definite signal
Choose one based on the closing line $BTC #Gate广场五月交易分享
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Last month on the 28th, I set up the Solana long position. After dragging it out for so many days, I finally completed the adjustment today, reaching the 88-89 range. ​​#Gate广场五月交易分享 $BTC
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In the world of investing, there is an unchanging truth: choosing the right direction is more valuable than blind effort.
When you commit to stepping into live trading, every decision you make must be made with extra caution. It not only determines your gains and losses right now, but also has a deeper impact on the path your wealth will take in the future. Investing is never a battle of brute force—it is a precise pursuit. The choice of direction matters far more than the busyness of day after day.
Choosing the right trading direction can help you avoid hidden reefs in the market; choosing th
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Among all the mainstream cryptocurrencies, except for Bitcoin, none are willing to rise; in other words, no funds are willing to invest, occasionally manipulating altcoins to stimulate some activity!
Bitcoin's crazy rebound to above 80k is actually an attempt to attract the flow of investment funds back, but so far, the effect is not very promising.
Other indicators and technical aspects are all just clouds; the only useful thing is the price, and the current price is just for those whales to see.
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Finally seeing the short-term top
The upper trend line has already turned into a resistance level
Strictly speaking, it is a multiple resistance line
Once the decline begins, it indicates the failure of the bulls, and the waterfall momentum could be quite strong
Market price short 81,200-81,500, the watershed is still looking good at 78,000 $BTC
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From the daily chart structure, it can be simply understood as:
The lower wick is the position being tested for a short, and the upper wick is the mandatory short position.
But the key point is that the structure has already changed once. During yesterday’s secondary retest and absorption process around 79,500, the price briefly broke below and dipped to 78,000, triggering buy-side support.
It is exactly this “break below and then reclaim” move that weakened the effectiveness of the lower wick’s support.
What was originally a “tug-of-war for a short position” naturally shifted into a short tes
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Why does BTC repeatedly face resistance around the 80k mark, with rallies easily turning into continuous declines?
80k is not just a simple "breakout level," but a zone of multiple pressure resonances, including option suppression, trapped positions, technical divergence, and leveraged structure stacking. Once upward momentum weakens, a rapid decline can easily occur.
1~Option pain points: The natural suppression level for market makers
The 80k level gathers a large number of call option positions (Deribit’s notional value for June–July expiries exceeds $1.5 billion).
Market makers, under
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ThingsAreTurningAroundForLuo:
🌍yhn
7922
The daily high points and the five-day high points are all clearly visible; it just depends on how the big players define the rebound high point in this round.
We are gradually testing with small positions above 80k, step by step probing the top,
But never go long!!! No matter how attractive the rise is.
The moment the five-wave decline begins is the time to heavily load, take profits, add positions, and go all-in; the target below is at least 10,000 points, or even more.
The first phase of the start must be seeing the five-wave decline, initially dropping to 78,000! #WCTC交易王PK $BTC
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ThingsAreTurningAroundForLuo:
🌍yhn
7922
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