"Bullish traders should not take this lightly. At the end of February, I said that although the market in March is slightly better than February, it's because February was exceptionally poor. With February's historically weak market as a reference, it naturally makes March's market appear 'acceptable.' I also mentioned a couple of weeks ago that 78,200 is the first 'short-term bottom.' Since it's the first, there may be a second, or a third. When stimulated by news, there are large short-term fluctuations, with short positions dominating. Short-term bullish traders are vulnerable and must both defend and stay vigilant, making the battle extremely arduous. The adjustment cycle of the 1st, 2nd, and 3rd daily levels has concluded during this period, establishing the 'bottom' at 78,200 and the 'top' near 95,000. However, the 5-day and weekly levels are still dominant above, slowly pushing downwards. It's like a prisoner locked in a closed cage, where the guard has activated a mechanism, and the cage top, filled with sharp spikes, is slowly descending towards the ground. The prisoner faces the danger of being crushed. Before the cage top descends to touch someone's head, all their panic and restlessness are useless (the rebound in the middle is unstable and will continue to decline, hence called an 'ineffective rebound'). The pullback on the weekly chart is like the descending cage top, with the ground as the zero axis. If the cage top doesn't reach the ground, it won't stop unless the prisoner is a strongman, breaking or pulling open the cage top with both fists to survive, which requires immense power."
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#trump 2025 #GateioInto11 #ETH #BTC Certainly! Here's a translation of the provided text into English:
"Bullish traders should not take this lightly. At the end of February, I said that although the market in March is slightly better than February, it's because February was exceptionally poor. With February's historically weak market as a reference, it naturally makes March's market appear 'acceptable.' I also mentioned a couple of weeks ago that 78,200 is the first 'short-term bottom.' Since it's the first, there may be a second, or a third. When stimulated by news, there are large short-term fluctuations, with short positions dominating. Short-term bullish traders are vulnerable and must both defend and stay vigilant, making the battle extremely arduous.
The adjustment cycle of the 1st, 2nd, and 3rd daily levels has concluded during this period, establishing the 'bottom' at 78,200 and the 'top' near 95,000. However, the 5-day and weekly levels are still dominant above, slowly pushing downwards. It's like a prisoner locked in a closed cage, where the guard has activated a mechanism, and the cage top, filled with sharp spikes, is slowly descending towards the ground. The prisoner faces the danger of being crushed. Before the cage top descends to touch someone's head, all their panic and restlessness are useless (the rebound in the middle is unstable and will continue to decline, hence called an 'ineffective rebound').
The pullback on the weekly chart is like the descending cage top, with the ground as the zero axis. If the cage top doesn't reach the ground, it won't stop unless the prisoner is a strongman, breaking or pulling open the cage top with both fists to survive, which requires immense power."