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|Legacy
BTCBTC
💲71544.10
+
4.19%
ETHETH
💲2244.55
+
6.57%
SOLSOL
💲84.82
+
6.32%
USDCUSDC
💲0.9999
-
0%
XAUXAU
💲4797.09
+
3.22%
WLDWLD
💲0.2629
+
8.64%

百萬Eric | Day Trader
百萬Eric | Day Trader|Apr 23, 2025 15:56
The overbought signal of Bitcoin's 4-hour cycle has hit 13 times in the past 3 months. According to the backtesting data, this is the first time in 4 years that this situation has occurred. In theory, signal pairing → increased confidence → increased position → greater profits. But from the 11th signal onwards, psychological pressure began to rise, and people began to guess the market trends, hesitate to place orders, take overbought bets to break through, and even have thoughts of carrying orders. So, it's not just continuous losses that affect mentality, continuous profits can also affect it. The 14th signal finally failed, and Bitcoin simply completed a 4-hour structural breakthrough. Keep a record of this market trend and see if there is still a chance to encounter 13 consecutive pairs next time.
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Timeline

May 23, 14:50【Bitcoin insertion steps back on the upper edge of the upward channel】
May 23, 14:48【Bitcoin focuses on whether it can return to the 110000 mark】
May 23, 14:44【Bitcoin ETF capital inflow of nearly $1 billion】
May 23, 13:59【Bitcoin transaction price exceeds $108000】
May 23, 12:37【Binance Bitcoin and Ethereum contracts experience anomalies】
May 23, 12:27【Bitcoin's new high and micro strategy remains stagnant】
May 23, 12:04【Ethereum's intraday drop reached 5% at one point】
May 23, 12:00【Bitcoin falls below 110000】
May 23, 10:40【Bitcoin transaction fees have risen by over 50% this week】
May 23, 10:33【Bitcoin continues to surpass at Pizza Festival】

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