11.5 Bitcoin encounters Black Tuesday? The giant whale's selling has just begun, and 103500 is still the key!

CN
币天王
Follow
5 hours ago

Do not worry about having no friends on the road ahead; there are like-minded individuals on the investment journey. Good afternoon, everyone! I am the King of Coins from the Coin Victory Group. Thank you all for coming here to watch the King’s articles and videos, bringing you different news from the crypto world and precise market analysis every day. First, congratulations to those who followed our short-selling strategy. In yesterday's updated article, I clearly suggested shorting in the range of 3560-3580, which directly led to a gain of 500 points. The King made a clear judgment: if 3450 is broken, the market will surely collapse. Everything went as I expected.

Click the link to watch the video: https://www.bilibili.com/video/BV1AQ1sB9ETF/

Did yesterday's "Black Tuesday" leave you stunned? Everyone outside was shouting "It's collapsing, it's collapsing," as if it were the end of the world! The S&P and Nasdaq dropped sharply, and Bitcoin directly fell below 100K—on the surface, it looks like panic, but to put it bluntly, this is Wall Street slapping the table at the administration: "Stop playing dead and take action!" This is not the first time we've seen this trick! It happened on April 7 this year when the U.S. stock market took a dive, leaving the administration stunned, and the tariff negotiations immediately softened—this is a classic case of "the market forcing politics," right? And now we see it again, nothing fresh about it!

Don’t believe the news that talks nonsense about "emotional explosions and investor panic." Capital is not an emotional child; it votes with money! Now, with fiscal bloodsucking, daily infighting, and decreasing efficiency, the market is directly telling you: "If this continues, we all go down together!" Pension funds shrinking and declining poll numbers—these issues can keep the White House awake at night! As soon as the administration feels the "wealth effect backlash," it won’t take long for them to change their tune—first stabilize the market, then talk about principles!

Last night, I was holding a short position and felt horrified! It was scarier than the waterfall drop on October 11! Last time it was about clearing leverage, but this time is different; the market has reached a consensus—everyone thinks it will drop, and that’s the most alarming part! By the way, yesterday I informed a friend to reduce the short position at the top of Bitcoin, and now it’s clear that I sold too early, missing out on 4000 points! But I don’t regret it; who told me my position was too heavy? At worst, I’ll find another entry point! However, today I have to admit a mistake: yesterday's strategy was flawed; I overlooked a key factor—the whales!

Let me tell you what I overlooked: when the market was dropping yesterday, I thought it would bottom out at 103500, then consolidate and recover to 107000 before dropping again. This thought process was entirely based on retail trading—there were indeed bears in the market, but 103500 held steady for an entire afternoon. I thought chasing the short was not feasible, and there weren’t many short-term longs, so I felt "without long-term buyers, further drops are meaningless." Looking back now, I was mistaken! I was too focused on trading against retail investors and forgot about the whales!

Now let’s correct our thinking: since the problem lies in the whales continuously selling, we can conclude—yesterday’s sharp drop was not about clearing leverage or hunting for long positions; it was the whales collectively offloading! This indicates that the downtrend has just begun and is far from over! On Monday, we broke the bull-bear line, and on Tuesday, there was no quick rebound. Today, Wednesday, the short-term rebound is still very weak. Want to recover to 107000? Forget it! This break of the bull-bear line signifies a truly definitive downtrend; don’t expect a return to 107000 in the short term!

The new strategy is clear: the bears will continue to drop, but they won’t give you a chance to chase shorts or a point to short on the rebound—this is to eliminate short-term speculative shorts before continuing to drop! This maintains the trend while preventing retail investors from easily entering! Looking at the market, Bitcoin accelerated its drop late last night, stepping on the 109000 level twice, forming a W double bottom structure. Now it’s hovering around the "neck" (neckline resistance) of this double bottom. With such a weak rebound, the probability of bears entering has actually increased—everyone knows that shorts should be entered in the range of 102000-103500, and I have already started entering positions this afternoon! In this downtrend, unless we hit support at 108500, don’t mess around with long positions!

Finally, let’s set a clear operational conclusion, no ambiguity:

  1. If the market wants to "drop healthily," it must break 103500 once to clear out the short-term chasing shorts! When the market returns to 103500 and breaks it a second time, I will add back the previously reduced short positions; if it keeps dropping and breaks below 108000, I will take all shorts to profit and close this wave!

  2. For friends who are currently in cash, listen to me: wait for a rebound back to 103500, and enter shorts when it breaks a second time, targeting 98000!

  3. If we get close to 101000 this afternoon (within 200 points up or down), you can take a short long position, setting a stop loss at the 100000 round number, targeting 103500—just play it short-term, don’t be greedy!

Family, although the market is chaotic now, don’t panic! Remember the key points, don’t rush blindly, and follow the rhythm; that’s better than anything! That’s all for today. This content is exclusively planned by the Coin Victory Group. Search for "Coin Victory Group" on WeChat; we have the same name across the internet! If you want to learn about real-time strategies, techniques for breaking even, or learn about K-lines and contract methods, you can chat with the Coin Victory Group. We also have free experience groups and community live broadcasts for fans, all full of valuable content, no fluff! Feel free to chat anytime about any updates. If you find this useful, please like and follow to stay on track!

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。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink