Master Discusses Hot Topics:
With the recent CPI from the U.S. this week, along with last night's PPI and retail data, overseas media are all saying the economy is stable, inflation is mild, and interest rate cuts are imminent.
Don't be fooled; the delayed effects of tariffs have not fully manifested, and the pseudo-experts in the market haven't mentioned this at all. Not to mention the potential stagflation risks brought about by the decline in service sector data, which no one is talking about. Are these old wall lamps just trying to stabilize market sentiment, making retail investors obediently hold on?
But when you return to the market, you find that the situation is clearly not buying it; we are still far from actual interest rate cuts, and without a story to support the rise, sideways fluctuations and waiting for a downturn might be the more reliable approach. Once the main players find the right stop-loss position, the rush to capitalize on the interest rate cut will reach its peak.
Back to Bitcoin, after the clearing at 100.8k on the 13th, the liquidity speed has plummeted, cutting off over 50%! This indicates that range-bound fluctuations require patience; only by remaining calm can we gather enough energy.
The only liquidity range worth noting is between 105k and 106.5k. If it continues to push upwards, it might be subject to a targeted clearing by market makers or large players. If they clear the shorts above 106k, that would be fine, and we could continue to short.
Currently, the clearing of longs is not yet sufficient; the liquidity for longs is still slowly accumulating and is more evenly distributed. If it fails to break through or falls below the current range, we will see a large influx of longs after each small rebound, which would create a sustained downward momentum.
So as long as there is no clearing of shorts, we will remain in a range-bound fluctuation until next Monday. After three days of wear and tear, both long and short liquidity will gather; as long as one side has enough volume and stable distribution, a breakout could quickly widen the gap.
Now let's talk about Ethereum. After rebounding to the current range, the bulls have already been significantly depleted. The market will either consolidate around 2500 or drop sharply.
Clearing out the remaining longs and then having a smooth decline would restart a new market trend. Key attention should be on the 2400 level; if it holds, there's no need to panic, and the upward momentum will remain strong. If it breaks, this wave of Ethereum's market will completely change.
Master Looks at Trends:
Resistance Levels Reference:
Second Resistance Level: 105500
First Resistance Level: 104500
Support Levels Reference:
Second Support Level: 103500
First Support Level: 102800
Today's Suggestions
Bitcoin held the previous low around 101.5K after yesterday's pullback and rebounded significantly, returning above 104K. The area around 100K is often a tug-of-war zone for bulls and bears, so a cautious approach is recommended.
As long as the price remains above the upward trend line, the rebound strategy can be maintained, buying on dips. This rebound has already broken through various moving averages and formed support below. Key attention should be on the 200-day moving average as a basis for resistance and support, relying on moving average support to look for buying opportunities in the N-shaped upward trend.
In the short term, we are still testing the first resistance at 104.5K. During the day, it would be wise to wait for a pullback before entering short-term trades to gauge the strength of the breakout in this area. Once a breakout is confirmed through sideways movement, we can enter accordingly.
Since the price has already rebounded, the support range is adjusted to 103K to 103.5K, which is a reasonable pullback range and an ideal profit-loss ratio point. Currently, the price remains above all moving averages, so we can set the moving averages as segmented support for re-entering the rebound strategy.
5.16 Master’s Wave Strategy:
Long Entry Reference: Buy in batches in the range of 101000-101500, Target: 103500-104500
Short Entry Reference: Sell in batches in the range of 104500-105500, Target: 103500-102800
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 screenshot 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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