Master Discusses Hot Topics:
I believe many people are starting to hallucinate with the weekend market, as Bitcoin continues to play dead. The liquidity of short-term contracts is slowly piling up, but the problem is that no new clearing zones have emerged; it’s lifeless, and are the main players just waiting for us retail investors to fall asleep first?
Let’s get to the conclusion: it’s Monday, how do we view the market now? It’s a 50-50 split between long and short, don’t argue with yourself. The upper limit is 108K, and the lower limit is 102K. If the market doesn’t move, I won’t move either, but I’m starting to smell something fishy.
This week may be destined to be boring in order to set up a big move; it’s possible that next week or the week after, it will just hit you out of nowhere. Who can withstand it, who can endure it is the first step. The market is designed to wear you out, annoy you, and break you down before it rewards you.
Back to the market, the situation is as follows. Bitcoin's price is still below the middle track, in a classic oscillation pattern. The spot premium index is turning down, indicating that big funds are also slacking off.
As for the mid-term, there are points to operate on if the price continues to linger below the middle track this week. If it suddenly breaks through the lower boundary of the range, then short without hesitation. The target is clearly set at 102K or even 100K.
Conversely, if it suddenly rebounds wildly and rushes to 108K, but the spot premium drops close to 0, that’s basically a trap for longs, and you should look for opportunities to short.
However, if it pulls back to around 102K and the spot premium rises sharply, then the lower boundary is likely still supported, and you can go long for a push back to the middle track. Remember this: as long as it’s between 100K and 110K, this is not a trend, it’s oscillation, it’s consumption!
If you insist on using long-term strategies to make quick money, you will only get slapped back and forth. Talking about 120K or 90K is meaningless right now; until real market movements appear, it’s not worth discussing direction!
Recently, some people have asked me if it will first drop deeply, say to 70K or 80K, and then rise to 150K? If you really believe in this logic, I can only advise you not to dream; don’t think you can get rich by just drawing two lines to catch the bottom.
The reality is that holding positions can easily lead to being liquidated if you’re not careful with both long and short positions. The only thing that can still be done steadily is Bitcoin. But the problem is, while Bitcoin’s rise is steady, it’s not stimulating enough for many retail investors.
Many people complain about its slowness and want to jump into altcoins for tenfold or hundredfold gains! What’s the result? The altcoin season hasn’t even arrived, and they’re all getting wrecked in a wall of confusion.
Master Looks at Trends:
Resistance Level Reference:
Second Resistance Level: 106500
First Resistance Level: 106000
Support Level Reference:
Second Support Level: 105000
First Support Level: 104400
Bitcoin is supported at the 105K level, and the rebound strategy can still be maintained in the short term. Today, we focus on whether it can break through 106K; a breakthrough and stabilization are needed to continue the rise. If it fails to stabilize again, it may trigger a wave of disappointing sell-offs, so watch for pullback risks.
The first support has been moved up to 105K, which can serve as a watershed for stop-loss/stop-profit. The second support is near the two rising trend lines in the chart; if the price breaks below the range, you can gradually position for longs.
The first resistance at 106K has already been tested three times; if it breaks with a large bullish candle, consider going long with the trend. If it briefly breaks but lacks volume support, then you need to reduce positions or take profits in time, waiting for a pullback to stabilize in the 106.1–106.2K range before making plans.
6.16 Master’s Wave Strategy:
Long Entry Reference: Gradually buy in the 104400-105000 range; Target: 106000-106500
Short Entry Reference: Not currently referenced
If you truly want to learn something from a blogger, you need to keep following them, rather than making rash 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 every top and bottom,” 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 needed to discern who is a thinker and who is a dreamer!
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