Master Chen 6.25: Analysis of Liquidation in Pressure Intensive Areas - Breaking the Mid-Track Without Turning Back?

CN
师爷陈
Follow
6 hours ago

Master Discusses Hot Topics:

Today, let's interpret Old Bao's speech. In summary: If it weren't for Old Deng's tariffs, the Federal Reserve would have already cut interest rates. The reason they aren't cutting now is due to too much uncertainty; cautious in July, open in September. In plain language: I want to cut, but someone has to take the blame.

And what about the market? Everyone is playing dead. The situation with gold is even more absurd; even with gas canisters flying, it doesn't rise, and 3500 is treated as a ceiling, indicating that funds don't believe in this wave of risk at all. It seems no one is willing to take over because the money has already run to the stock market and the crypto circle.

Back to the market, the trend of Bitcoin originally suggested a decrease in spot premium, and I thought we might see a decent correction. Instead, it directly grinded up to the middle track; just as the short positions were about to strike, the market slipped away.

Currently, it's the contract market driving the price up, not the spot market selling off. The divergence between contract and spot is not a sign of a peak but rather a trap set by the market makers to lure shorts. How many times have you seen false breakouts and real liquidations in the past two months that you didn't understand? This wave is aimed at the short liquidity at 108K and 110K.

If the price touches the middle track and doesn't break, the next stop is likely to be the liquidation at 108K, followed by a false correction to attract new short positions before pushing up to clear 110K. The only purpose of this play is to clean out the shorts before potentially entering a real consolidation and downward trend.

You can check the liquidation map; there are already plenty of short positions piled up below 108K, and the shorts are still fantasizing about holding on. This morning, they stepped into the liquidation zone without exploding, which is the shorts trying to save themselves, but how many times can they save themselves?

To conclude, the thought process is simple: do not short, be cautious about going long. If you want to short, wait for the price to break below the middle track and below 105K before talking; otherwise, it's just giving fuel.

The current market is in a rhythm of breaking the top and flying up; if you try to touch the top on the left side, you're just providing fuel for others. Does everyone remember how the bulls died last week? They kept buying at 103K, only to get liquidated, and just as they finished losing, the price rebounded.

Master Looks at Trends:

Resistance Levels Reference:

Second Resistance Level: 107500

First Resistance Level: 106800

Support Levels Reference:

Second Support Level: 105900

First Support Level: 105400

Currently, a strong bullish candle has formed, creating a rising wedge pattern. However, in the short term, it leans more towards a consolidation after a fluctuation rather than a direct peak signal. For short-term operations, it is recommended to pay attention to the support levels below and look for opportunities to enter long positions.

If it can effectively break the first resistance level of 106.8K, it will break the upper limit of the wedge pattern and further lead to an accelerated rise. However, considering that 107K is a densely packed short-term pressure zone.

Entering around 106K is not ideal for profit and loss, as it would be better to wait for a confirmation of support after a pullback before considering entry. The first support at 105.9K is the previous high pressure zone, which has now turned into short-term support and can serve as a reference point for pullbacks.

Since we are currently in a fluctuation range above 106K, the possibility of a false breakdown below 105.9K in the short term cannot be ruled out. Therefore, it is advisable to combine the position of the wedge's lower track and the 20-day moving average trend as trading references.

6.25 Master’s Wave Strategy:

Long Entry Reference: Accumulate in the 105400-104400 range, Target: 106800-107500

Short Entry Reference: Accumulate in the 107500-108800 range, Target: 105900-105400

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 "catch the top and bottom every time," 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 flashy 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!

This article is exclusively planned and published by Master Chen (public account: Coin God Master Chen). Master Chen is the same name across the internet. For more real-time investment strategies, liquidation, spot trading, short, medium, and long-term contract trading techniques, operational skills, and knowledge about candlesticks, you can join Master Chen for learning and communication. A free experience group for fans has been opened, along with community live broadcasts and other quality experience projects!

Warm reminder: This article is only written by Master Chen on the official public account (as shown above), and any other advertisements at the end of the article and in the comments section are unrelated to the author!! Please be cautious in distinguishing between true and false, thank you for reading.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Bybit: $50注册体验金,$30,000储值体验金
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink