Good evening everyone, it's been a long time since the last update. Let's talk about the current trend. After the weekly chart continuously collected positive candles, it completely broke through the previous high of the weekly chart level. Overall, it has doubled in strength since 15444. Although the global situation is currently very bad and the surrounding wars continue to affect emotions, there are not many markets available for us to operate in. Do you remember last May when I predicted a downtrend at the weekly chart level and clearly pointed out that Bitcoin falling below 32000 was just the beginning? I decisively shorted the contracts. This can also be considered a point worth boasting about in the cryptocurrency circle.
Looking back, a year has passed, and Bitcoin has once again risen above 32000, currently firmly holding the 34000 level. For future operations, I directly stated that Bitcoin will pull back to around 32000. Whether it will drop directly or rise before falling is uncertain, and it may even drop below 30000. Friends who are trading contracts, please control the risk. Currently, aggressive traders in the smaller timeframes are directly shorting at 34600 with 50x leverage, defending above 35300. When it falls below 33800, you can take half profit, then add to the short position and look for a breakthrough at 32400. Overall, take profit at the 30580 integer level. Similarly, for daily and weekly operations, pay attention to the long positions at 1650. It is not recommended to short at the current price in the smaller timeframes. Pay attention to entering with a 50x short position above 1830, and continue to add to the position after breaking 1740, aiming for a breakthrough at the 1700 integer level. Take profit at 1660. (Small stop loss, high profit rate) The above suggestions are my personal views, for communication purposes only and should not be used as trading references.
The market is here, and I am here! A gentleman keeps his abilities hidden, waiting for the right time to act. When the world follows the Dao, it is visible; when it deviates from the Dao, it is hidden!
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