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$BTC Let me breakdown ETH for you. On the smaller timeframe this recent secondary high retest has been very strong, however as long as we stay near the previous high, shorting remains the best risk-reward choice. Currently the price is once again approaching the secondary high area, I've already entered a short position, and looking at the 4h structure. Price is about to touch the resistance at the upper edge of the ascending wedge and rectangle.
An ascending wedge is a bearish pattern, and the upper side is a strong resistance zone that won't break through so easily, so my prediction for thi
BTC3,09%
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Continuing from last time, I built a short position at 72,700. There are signs of a top forming on the smaller timeframe, and it's about to touch the resistance line above. Since there's still some distance from the previous high, shorting offers better risk-reward than chasing longs because there's strong selling pressure above the previous high—it has failed to break through multiple times, and this time will likely be a bull trap as well.
Additionally, the secondary high shows a top formation pattern. If my prediction is correct, the risk-reward is quite attractive. From the current view, t
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Bitcoin, in the final stage of wedge consolidation
The major cycle remains in a downtrend, failing to effectively break through the 74k resistance
Favoring shorts, can place short orders around 73k-73.5k.
Still believe that BTC will likely test the 60k support zone, wait patiently $BTC
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Gold opens lower and continues to decline, with a potential break below the 5000 level
Many people may be confused about why gold has fallen despite the escalating tensions in the Middle East and Russia-Ukraine conflict. Probably, many friends have had this thought: when guns fire, gold is worth thousands, and the safe-haven sentiment supports gold prices. Logically, this makes sense. When the conflict between the US and Iran first erupted, gold indeed experienced a brief rally, but the impact was limited.
The factors influencing gold prices are multifaceted. Once the safe-haven sentiment subs
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If Bitcoin's price this month is below 66,500, the increase will be negative, resulting in six months of decline and continuing the streak of bear market drops. Currently, the conflict between the US, Israel, and Iran is intensifying. The more intense the fighting, the higher the probability that BTC will fall.
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Attention! International crude oil futures prices have soared to $110!
This is a heavy blow to the global economy and will exacerbate worldwide inflation!
Global stock markets are expected to experience intense turbulence, and a sharp decline in the US stock market is inevitable. Bitcoin will only make things worse.
The fourth wave on the weekly chart of BTC has quietly begun, but many people are still hoping for an upward rebound! Fasten your seatbelts, a major drop is coming!#2月非农意外负增长
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This week, beware of a potential one-sided downtrend that could wipe out bullish traders!
During the last bear market, the key event was the Russia-Ukraine war. Now, it's another war... Geopolitical conflicts have caused oil prices to surge and global inflation to intensify. The three Middle Eastern countries are deadlocked in battle, the US dollar index is rising, and the US stock market may continue to plummet. This will inevitably lead to BTC following the US stocks and experiencing a sustained decline.
Looking at the current chart, the four-hour bearish volume is increasing while the bulli
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BTC will inevitably plummet regardless of any rebound.
BTC's performance over the weekend was weak, and the negative impact of the Middle East conflict causing oil prices to soar has cast a dark cloud over the financial markets for next week.
Negative news and downward risks are already here. The mid-term one-sided downtrend has quietly begun. We will not be the frog boiled in warm water, but rather warriors standing atop the bear market peak, overlooking the mountains, wielding swords to cut down the black bear!
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BTC just crashed! It's not even time for the Asian stock market to open, but I can't contain my inner fear. A waterfall wash for respect! If the US stock market opens with a big drop tonight, BTC will have to make another move.
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The market opens next Monday, and Asian and U.S. stock markets may experience a significant drop right at the open!
There is also a high possibility that BTC will continue to decline sharply, followed by a new round of medium-term unilateral downward movement. Let's wait and see.
As for why the financial markets might experience intense volatility or even a sharp plunge next Monday, many of you probably have some idea. Currently, the Middle East conflict among the US, Israel, and Iran has driven oil prices to soar rapidly, and global inflation pressures are rising... The US dollar index is str
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I knew it would still jump off the building, this is really fun, this wave is quite interesting. Trick the leeks in and then kill them, making sure the many troops die clearly!
This wave of die-hard fans has made a huge profit, all notifications are in place. The market is quite volatile, trading in real accounts is also busy, and I’m too lazy to post profits. Those who understand, understand.
Looking ahead, start shorting at resistance levels when the price rises. Any large daily bullish candle is a signal to short. The bulls have no sustainability.
Rallies are just for distribution. Every la
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Guys, this wave on the car has made us a lot of money again. Basically, we sold at the highest point. The cost of Bitcoin is around 73,000 yuan, and it has already dropped now, once again proving that it is still very stable.
Currently, Bitcoin has about a 5,000-point profit, and it may continue to fall. Those with a broader perspective can hold on, but be aware that the second half of the early morning is very likely to see a rapid decline, so when the drop accelerates again, be sure to take profits immediately. If you want to close all positions now, you can also cash out. #GateforAI重磅上线
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$BTC
Tonight's major non-farm payroll data will be announced soon. My view remains consistent with earlier statements. In a time when global attention is focused on the Iran conflict, with oil prices surging and geopolitical relations rapidly changing, the significance of a single employment report has been greatly diminished.
  
Looking at the current market, the highs are continuously being tested and pushed down, from around 74k down to near 70k. It’s clear that the highs are moving lower, and a double top pattern is forming, indicating strong resistance.
  
On the technical side, the dail
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