Master Discusses Hot Topics:
The world today is truly absurd; even war can be turned into a comedy. One moment there are missiles, the next a ceasefire. The market reacts accordingly, immediately bouncing back upon hearing about a rapid ceasefire, recovering all previous losses. There's no way around it; the current market only recognizes emotions and disregards logic.
Looking at the Federal Reserve, officials are taking turns to advocate for interest rate cuts. Trump is even more aggressive, directly urging the Fed to be sensible. However, a rate cut between July and September seems almost certain, so how can the market not rise? It has already fallen enough; it would be unreasonable not to rise from here.
Speaking of Bitcoin, the key point now is 107K. The liquidity for shorts is nearly exhausted. If sentiment is good tonight, there's a high probability of a liquidation wave. After that, how will it move? There are two possibilities:
First, it could spike above 107K, then reverse sharply, potentially dropping back down to around 102K, tricking the longs and allowing the main players to offload.
Second, it might not drop but instead oscillate upwards, targeting the high short positions around 112K to 113K, as the main players aim for a thorough squeeze.
But everyone should know that many of these explosive rallies happen when you're questioning your life choices, suddenly pushing to new highs without leaving any opportunity to get on board.
So, if the market doesn't play fair tonight and pushes up hard, I will definitely consider shorting at high levels. However, if it can first pull back to 102K before rising, that would be a healthier scenario, allowing new bulls to join in.
Looking at the bigger picture, if there is a real ceasefire, real interest rate cuts, and no global unrest, it wouldn't be surprising for Bitcoin to reach new highs. Because it is fundamentally not weak; this recent drop was merely to accumulate short liquidity, and moving upwards is the path of least resistance.
But don't let the good news brainwash you; the market can change its face at any moment. The safest operation now is to trade short-term fluctuations, with a range looking at 101K to 106K, and if it breaks through, then look at 112K.
Master Looks at Trends:
Resistance Levels Reference:
Second Resistance Level: 106500
First Resistance Level: 105300
Support Levels Reference:
Second Support Level: 103500
First Support Level: 102000
The current price has broken through the previous downtrend line on the 4-hour chart and has achieved a trend reversal with a large bullish candle. The reasonable pullback support level is 103.5K, and the rebound strategy can continue during the day.
If the market can break through the first resistance level of 105300 again, and the K-line body can stabilize above, it is expected to continue testing the pressure zone around 106K for a second time.
However, considering the significant increase at night, a brief pullback at this position is reasonable. There are still many trapped positions above, so avoid blindly chasing longs; it is advisable to patiently wait for a pullback opportunity. It is much safer to stay on the sidelines than to chase after the rise recklessly.
The current first support at 103500 is the lower boundary support of the oscillation range and has strong reference value. It is an important position for considering short-term entry or defensive operations.
At this stage, 104K can also be considered as short-term support. Overall, the range of 102K to 103.5K can be used as the short-term trading response range for this round of market movements, suitable for phased layout, controlling positions, and gradually building positions.
6.24 Master’s Wave Strategy:
Long Entry Reference: Buy in batches in the range of 102000-103500, Target: 105300-106000
Short Entry Reference: Not currently applicable
If you truly want to learn something from a blogger, you need to keep following them, rather than making hasty conclusions after just a few market observations. This market is filled with performers; today they show screenshots of long positions, tomorrow they summarize short positions, making it seem like they "always catch the tops and bottoms," but in reality, it's all hindsight. A truly worthy blogger will have a trading logic that is consistent, coherent, and withstands scrutiny, rather than jumping in only when the market moves. Don't be blinded by exaggerated data and out-of-context screenshots; long-term observation and deep understanding are necessary to discern who is a thinker and who is a dreamer!
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