OldBlackTalksAboutCakeA

That overnight move was impressive. The daytime outlook also reminded us that a head-and-shoulders pattern is forming. The two “big pies” also followed through as promised: the drop smashed through the 60K level, fell to around 59,000, and then rebounded. This wave of a few thousand points of downside space is being hammered in a very solid way.
At present, although the overall picture has somewhat improved, it’s still a reduced-volume rebound after a sharp selloff. It feels more like a brief repair and consolidation rather than a reversal. At this point, we still need to observe what happens

Yesterday, BTC kept being stubbornly bearish—continuing to slide down in a double blow, breaking without looking back toward 62,000, directly heading for the expected target. The plan also serves as a reminder: as long as 65,000 is not broken, look to enter/hold shorts. For this leg of shorts around the 64,000 area, the outlook is still relatively optimistic.
From the current perspective, Bitcoin’s technicals in the short term are dominated by a bearish bias. On the daily chart, it shows a bearish alignment, and on the four-hour timeframe it has also formed a head-and-shoulders pattern. After

Last night, the two major coins briefly gained strength and pushed upward to test resistance, but the momentum still wasn’t strong enough—both were blocked and pulled back. This pullback remains in line with expectations. After that, price continued to oscillate and drift downward overnight, precisely reaching the target.
Currently, the major coin is trading in a tight range around 64,000. Technically, the market shows a standoff between bulls and bears. On the one hand, there are signs of building a base; on the other hand, heavy resistance sits overhead, and the struggle between buyers and s

Yesterday, Bitcoin overall remained in a range-bound consolidation pattern. The outlook also reminded that the 64500 support level would be touched as expected. After that, it oscillated upward and pushed up to around 66400. In this move, it exited with strength a bit earlier at 66100, and the momentum is relatively optimistic.
Looking at the current situation, after the early-morning hawkish Federal Reserve decision took effect, Bitcoin’s technicals show a clearly bearish trend. Overall, it is under pressure below the main moving averages, but in the short term there is a need for an oversold

Yesterday, the overall picture remained relatively optimistic. It followed the expected course as a first wave surged to the area around 67,000 to draw people in, and then pulled back to around 65,300. The spread of more than 1,000 points was also an opportunity to take positions—i.e., it was being filled rather than leaving room.
From the current perspective, volatility has been somewhat compressed overall, and the market is in a weak rebound after a decline. Although the technicals show a bearish bias on the larger timeframe and a short-term box-range consolidation pattern, the market is dig

Yesterday, Bitcoin overall showed choppy upward movement, reaching the recent high at 67,300, then met resistance and pulled back. The short position around 66,800 mentioned yesterday still held firm; after the late-night pullback, it swung back to capture nearly 1,000 points of active gains.
From the current perspective, the daily “pure” level of the coin price remains below all moving averages, and the bearish order hasn’t completely reversed yet. In the short term, any upward move can temporarily be viewed as a rebound after a selloff. During the day, pay attention to whether the area aroun

Currently, the daily moving averages are all in a bearish alignment, still suppressed below the key moving averages. The short-term rally shows a typical divergence pattern after a news-driven surge. However, the continuous outflow of funds and the overheating of various indicators create downside pressure, which can be understood as this rebound being a window for southward positioning. For now, pay attention to the 66,000-66,500 range; if the price remains below this zone without breaking through, consider short positions. Conversely, if there is an effective breakout above this level, then

Yesterday, BTC repeatedly tried to push upward, but kept running into resistance and falling back. Overall, it still remains range-bound and choppy, but it doesn’t change the idea of going short—after giving a round of shorts, “Luo Dai” was also knocked out and eliminated. Overnight, it did rebound somewhat and attempted 64,000, but failed. A short position on the short-term chart is also an opportunity; but at midnight, we’ve already closed for the night. No matter how the market moves, it doesn’t affect us.
From the current perspective, this round of rebound in BTC is more like a technical c

Yesterday, driven by market conditions, we saw a strong rebound. It rebounded precisely to the “buy the dip / catch the shorts at the entry” position mentioned in the strategy reminder, and then the ride began. After that, as expected, price action followed through with a period of choppy consolidation and then moved downward. By the time I woke up, it had already arrived at the stop.
At present, the market layout looks like a typical bear-market rebound. Although there’s a repair need on the hourly chart, until the daily trend turns stronger—either by reclaiming and holding the moving average

Yesterday, the big coin repeatedly attempted to break higher but met resistance and fell back. Although it gained support above 6W in the short term and tried to rebound, it was still constrained by pressure from key moving averages, resulting in a weak rebound. Across all timeframes, a bearish arrangement is also showing up—both the high and the low points are shifting lower, with the shorts still in control. Yesterday, three waves of “luo dai” were observed, and two of them were also acceptable. At present, the coin price is trading below the various moving averages, and the moving averages

Yesterday, Bitcoin surged up and then fell back, attempting 60,000 before failing; after that, it rebounded. Although it was also capped by resistance and suppressed, it still traded in a range, and there’s also quite a lot of room. The direction that was laid out also moved upward as scheduled, just as expected.
At present, this rebound appears to be a technical correction after a large drop rather than a reversal of the trend. On the weekly timeframe, although there is a rare bullish divergence signal—lows are decreasing while the RSI is rising—this suggests that long-term selling pressure i

This round of dumping must have made everyone full and satisfied, right? Recently, Old Black has been emphasizing bearish outlooks and shorting strategies. Yesterday's drop was even more outrageous, falling all the way down without looking back, with even mindless shorts turning into long opportunities. If anyone still hasn't caught this drop, there's really no point in staying in the market anymore.
Currently, it looks like this round has broken below the previous bottom again, breaking through multiple key support levels. The technical picture shows a clear bearish trend. Although there wa

Recently, BTC has been repeatedly hit by sell-offs amid market pressure. Yesterday was no exception either—based on the idea previously shared, the short around 74K was pursued, and the price kept falling all the way to the ideal target level.
At present, it appears to have already broken through several key support levels and fallen below the 71K round-number mark. It is currently moving within a downward channel, and both the highs and lows are trending lower. In the short term, any rebound that fails to break above 71800 can be taken as a short opportunity. Keep an eye on the 70K level—th

The New Year weekly report is indeed as unusual as ever, Pei Tongxun’s ideas remain just as they were, arriving as promised, and before you know it, you’ve reached the goal. A beautiful pie.

Yesterday, Bitcoin still behaved as I expected, with the key level at 74K for the reminder of the trend being broken, which would lead to further decline. Bitcoin also declined as expected after breaking below, continuing to fall to around 72.5K before rebounding.
Currently, Bitcoin shows a weak recovery pattern after breaking down, with the price losing the key support level. Although there is a short-term oversold rebound dominated by a bearish trend, the trend has not reversed. In the short term, it remains mainly bearish with occasional short-term long positions. Watch the area between 72.