JinchengA

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Evening Bitcoin Market Trend Analysis!
Bitcoin broke out of the bullish flag pattern after its rise. Many are hoping for a repeat of the previous upward trend, but this time it's unlikely to happen. Continuous external negative news and ongoing geopolitical conflicts have sapped the bulls' confidence, and no matter how strong the technical pattern is, it can't withstand persistent bearish pressure.
Currently, focus on two key price levels: 70117 is an important support. Recently, every time the price retests this level, it bounces back, but each rebound is weaker than the last, indicating that
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3.6 Midday Bitcoin and Ethereum Analysis!
First, let's look at Bitcoin:
On the hourly chart, it just broke below a bearish flag pattern, retested the previous high around 70117, and now confirms support is holding, showing signs of a rebound. The two candlesticks below that look like needles piercing downward—whether they form a "double needle bottom" is still uncertain. For this pattern to be valid, a higher high than before must be created.
The most critical resistance level above Bitcoin now is the neckline at 71623. If a volume breakout occurs here, it could lead to a higher high, and the
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Bitcoin Evening Analysis!
Recently, Bitcoin has been moving within a fixed price channel, having already experienced three symmetrical upward movements. After pulling back to the upper boundary of the channel, support held. According to historical patterns, as long as this line is maintained, there’s a high probability of another symmetrical rally, with a target around 75,891.
The core bottom line is clear: absolutely must not fall below 70,966. This is the critical line of life and death. If broken, the symmetrical upward structure will be invalidated, and the market could drop further to tes
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3.5 Midday Market Analysis
Bitcoin's recent surge has been quite strong, rising nearly 8,000 points from lows. The bears have been largely wiped out above, and currently, the market is the most frustrating: everyone is afraid of a sudden plunge when chasing longs, and afraid of missing out when shorting, caught in a dilemma. Remember one thing: in the short term, don’t hold on stubbornly; small positions with quick entries and exits are the safest.
Bitcoin broke through the price channel. To continue upward, it must stabilize above the previous high, and after breaking through, it can target a
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Evening Bitcoin Roadmap Analysis!
Many friends are asking if Bitcoin has completely reversed. I want to clarify: it hasn't. Currently, it's just a short-term rebound on the hourly level. Don't get FOMO and blindly enter the market just because of a big rise.
A bear market is never a straight decline; violent rebounds often occur along the way. This is a typical bear market rebound. I mentioned in my afternoon video that there is a breakout opportunity on the hourly level, and those who followed have already benefited.
This wave of upward movement follows a clear pattern: a quick surge first, t
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3.4 Bitcoin and Ethereum Midday Market Analysis
Bitcoin has been fluctuating within a fixed channel these days, pulling back when hitting the upper boundary and rebounding when reaching the lower boundary. Until a clear direction emerges, it’s better to buy low and sell high along the channel boundaries. Previously, strong support appeared at the lower boundary during a pullback, resulting in a large bullish candle. The price did not continue to fall because the hourly lower boundary is gradually rising, indicating a small bullish trend. As long as it doesn’t break below the channel, the bulli
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Bitcoin Evening Analysis!
The hourly upward move for Bitcoin has completed its standard wave, encountering strong resistance near 70123 and pulling back. This correction is normal—just like when you're full and need to digest, the market rises to a certain point and then pulls back to gather strength before moving further. Currently, I lean bearish; the higher the price, the clearer my shorting strategy becomes.
There are two key support levels below: the bullish trendline and the 50% Fibonacci retracement level at 66274, which resonate together. They must either hold together or break togethe
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Midday Market Analysis!
Yesterday, Bitcoin suddenly surged violently, catching many bearish investors off guard. The market is like this—more people are bearish, the easier it is to push prices up in the opposite direction. Currently, the entire internet is bullish, but be cautious of a potential dump tonight.
Bitcoin broke through the triangle consolidation zone, surpassing the 68,248 resistance level, reaching as high as around 70,123 but failing to stabilize, only briefly spiking. To continue upward, it must effectively stay above 70,123, aiming for 70,779-71,778; if it cannot hold, the reb
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Bitcoin Evening Analysis!
Currently, Bitcoin has officially entered the critical battle at 66,346. This level directly determines whether the market will rebound or continue to decline, and the trend is very clear.
At present, Bitcoin is fluctuating within a triangle range. It has been supported twice near 65,283, and the support below is temporarily effective. Whether it can strengthen depends on whether it can hold above 66,346. Only by breaking above this level can there be a rebound opportunity; if it cannot, it is likely to continue declining.
The market also shows two W-bottom patterns:
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Monday midday analysis!
These days, Bitcoin and Ethereum are quite volatile. Many people chase signals as soon as they see them, only to get "burned" back and forth. Actually, the key isn’t the signal itself, but the position.
Previously, Bitcoin showed a bullish signal around 66,372. Many people jumped in to buy, but the resistance at 68,214 was too strong to break through, and there was support below, resulting in a frustrating range where it neither broke up nor down. Chasing longs directly led to being trapped. Afterwards, the market surged but then fell back, breaking below 66,372 and dro
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Sunday Evening Bitcoin Market Analysis!
Today’s Bitcoin trend is very clear, with multiple attempts to break through the 68248 level. Including this attempt, it has failed four times. The resistance at this level is very strong, and everyone should be aware of that. According to technical principles, if a key resistance level cannot be broken through more than three times in a row, the bullish momentum is basically exhausted. It will be very difficult to make a strong breakthrough afterward unless there is a major positive news catalyst. Relying solely on market strength is unlikely to succeed
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Sunday Market Analysis!
Bitcoin just broke through the flag pattern consolidation range, retested the upper boundary and stabilized, then started to rally. Market funds are low and volatility is high over the weekend, so both gains and losses are normal. The true direction will be determined when the US stock market opens on Monday.
Currently, Bitcoin is at the key resistance level of 68,214. It failed to break through twice before and pulled back. If it can't break through again this time, it will likely continue to retrace; as long as it doesn't fall below 66,747, it won't retest the upper b
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Evening Market Analysis!
After playing in the crypto space for so long, I’ve finally figured it out: no matter how precise your technical analysis is, it can be overridden by a sudden news event; no matter how strong the support level, it can't withstand a black swan attack. Trading against the trend is a big taboo, but human nature loves to take chances, myself included. I always feel that after a decline to the right level, a rebound should happen, but as soon as news of Israel’s raid on Iran breaks out, it directly breaks through the stop-loss.
Before the news broke, Bitcoin was moving stea
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Midday Market Analysis!
Bitcoin has already broken through two key support levels in a row, and the original bullish consolidation range has been disrupted, indicating a clear weakening trend. Currently, 66,077 is the strongest short-term resistance. As long as it cannot break above this level, a genuine rebound will be difficult.
In the short term, the price has tested the 64,721 support. If the rebound is weak and it cannot return to the consolidation zone, it is likely to retest this level again. Holding above it will result in sideways movement between 64,721 and 66,077; once broken, the n
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$BTC Evening Market Analysis!
Bitcoin broke through the bullish flag pattern today, but it hasn't stabilized above the key resistance level of 68030. The two attempts to push higher were false breakouts, essentially because the sell pressure above is too heavy, preventing a sustained move upward.
Why can't it push through? It's simple: those who went long near 68030 and got trapped will be eager to sell and exit once the rebound occurs, creating selling pressure. Additionally, around this resistance level, the candlestick chart shows a bearish engulfing pattern. Once this signal develops, the
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$BTC Bitcoin Evening Analysis!
Bitcoin just completed a three-wave decline on the left side. According to historical trend patterns, the right side is very likely to replicate a three-wave rally. Currently, market signals are very clear: the bulls haven't given up, and the downward momentum is waning.
The key support at 67,658 is very solid. The price has been consolidating around this level all day without breaking below it. Multiple downward tests only resulted in wicks, and the closing price remains firmly above support, clearly showing no intention to fall. After the decline, a consolidat
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$BTC Bitcoin midday analysis!
Bitcoin has been declining these days. I've been advising everyone to short-term buy on dips and take profits quickly, never hold through a drop. Don’t assume the trend has completely reversed just because it’s going up; a true reversal isn’t that simple. If reversals were easy, it wouldn’t have fallen for so long before.
This rally isn’t random; the bottom signals are very clear. After the price hit a new low, it only briefly broke below and then quickly rebounded, forming a hammer candlestick, indicating that there are buyers stepping in below and the downward m
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Bitcoin Evening Analysis!
The current trend of Bitcoin can be described as a continuous decline with no signs of reversal. It neither shows a decent rebound nor drops sharply to the target level. Instead, it oscillates within a narrow range, with fears of further decline if it rebounds and fears of a rebound if it drops further. Many traders are caught in a dilemma, waiting for a clear direction before taking action.
From the market chart, the triangle pattern has already broken down, and the candlestick signals are conflicting: the first few candles seem to indicate a stop in the decline, but
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GateUser-bc0c8623vip:
Just go ahead and do it, buy more 😏 won't drop below 60,000
Bitcoin and Ethereum Intraday Market Analysis!
Bitcoin's recent decline is quite predictable: it first dropped to around 64,300 to trigger buybacks, then rebounded to the resistance level of 66,790 but couldn't break through. The second dip even broke below the previous low, indicating a short-term weak trend. Currently, 65,025 is the first hurdle. If we can break and hold above this level with increased volume, only then will the hourly trend be considered stabilized, opening the chance to push towards 65,850-66,790. If we can't break through, expect sideways movement between 63,373 and 65,00
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