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April 16 | Cloudy | 20:59 | Bitcoin 📈
The tea has just been brewed, and the steam slowly disperses! @严恩助理号
I sit at the table, looking at my partner who has been with me for over ten years. We were classmates in college, young and full of passion, with sincerity in our eyes, not understanding life's hardships, in the first few years after starting a family.
The daily grind of rice, oil, salt, and vinegar makes it hard to breathe, we've argued, cried, endured countless cold hardships, young and impatient, only knowing how to clash head-on when problems arise.
Only in middle age do we understand that life is never about winning or losing, but about mutual tolerance, mutual support, and stabilizing each other's mindset.
Along the way, there has been no grand romance, only silent companionship. A reliable partner can withstand all the pulls and twists of life, stabilize the family’s foundation, and only then can we work steadily and maintain our livelihood.
The crypto market is similarly the same. Look at Bitcoin today:
The market has been grinding in place all day, oscillating back and forth, while altcoins have taken advantage of the RAVE hype to surge and fluctuate in turn. RAVE’s overall price level has long been overextended, with risks fully maximized.
Ordinary retail investors feel uneasy, dare not buy high, and idle funds have nowhere to go, only flocking to niche altcoins. This is also the core reason why Bitcoin remains stuck in a range and doesn’t move.
After a volume-driven rally on Monday, the market must digest and correct. Currently, the market is a mess, with funds pulling in different directions.
Retail panic selling at high levels, blindly dumping holdings, losing all composure. Whales are moving chips in the opposite direction, quietly transferring large amounts to exchanges.
Institutions remain calm at the bottom, continuously accumulating, secretly deploying, with multiple forces holding each other in a tug-of-war. In the short term, the market is completely stuck.
The market fear index slowly rises to 23, still in the panic zone, but institutional funds continue to support the floor, and market sentiment will inevitably warm up. The tug-of-war between bulls and bears won’t last forever, and tonight will reveal the outcome.
The key data on initial unemployment claims at the start of the week is the crucial point for breaking the deadlock. Bitcoin is likely to rally tonight on the data, testing the 768 level.
Sweeping away all short positions below, clearing floating positions within the market, and after touching the 778 resistance level, it will turn back and begin a decline correction.
📢 Today's Yan En Trading Guide 📢
(Trade short-term longs with the trend, reverse when under pressure)
Tactical direction: Buy short-term longs before the data drops, sell when high and under pressure
Hunting entry: Lightly buy near current price, add on dips to reinforce the base position
Stop-loss: Break below key support, exit unconditionally to preserve capital
Target: Take profits in batches around 768, reverse to short at resistance of 778
Most regrets in life stem from restlessness and impatience, rushing for quick success.
‼️‼️Risk reminder: The above content is for reference only and does not constitute any investment advice. Please carefully assess your own risk tolerance. $BTC #GatePreIPOs首发SpaceX
April 16 | Cloudy | 20:59 | Bitcoin 📈
The tea has just been brewed, and the steam slowly disperses!
I sit at the table, looking at my partner who has been with me for over ten years. We were classmates in college, young and full of passion, with sincerity in our eyes, not understanding life's hardships, in the first few years after starting a family.
The daily grind of rice, oil, salt, and vinegar makes it hard to breathe, we've argued, cried, endured countless cold hardships, young and impatient, only knowing how to clash head-on when problems arise.
Only in middle age do we understand that life is never about winning or losing, but about mutual tolerance, mutual support, and stabilizing each other's mindset.
Along the way, there has been no grand romance, only silent companionship. A reliable partner can withstand all the pulls and twists of life, stabilize the family’s foundation, and only then can we work steadily and maintain our livelihood.
The crypto market is similarly the same. Look at today #WCTC交易赛瓜分800万USDT
The market has been grinding in place all day, oscillating back and forth, while altcoins have taken advantage of the RAVE hype to surge and fluctuate in turn. RAVE’s overall price level has long been overextended, with risks fully maximized.
Ordinary retail investors feel uneasy, dare not buy high, and idle funds have nowhere to go, only flocking to niche altcoins. This is also the core reason why Bitcoin remains stuck in a range and doesn’t move.
After a volume-driven rally on Monday, the market must digest and correct. Currently, the market is a mess, with funds pulling in different directions.
Retail panic selling at high levels, blindly dumping holdings, losing all composure. Whales are moving chips in the opposite direction, quietly transferring large amounts to exchanges.
Institutions remain calm at the bottom, continuously accumulating, secretly deploying, with multiple forces holding each other in a tug-of-war. In the short term, the market is completely stuck.
The market fear index slowly rises to 23, still in the panic zone, but institutional funds continue to support the floor, and market sentiment will inevitably warm up. The tug-of-war between bulls and bears won’t last forever, and tonight will reveal the outcome.
The key data on initial unemployment claims at the start of the week is the crucial point for breaking the deadlock. Bitcoin is likely to rally tonight on the data, testing the 768 level.
Sweeping away all short positions below, clearing floating positions within the market, and after touching the 778 resistance level, it will turn back and begin a decline correction.
📢 Today's Yan En Trading Guide 📢
(Trade short-term longs with the trend, reverse when under pressure)
Tactical direction: Buy short-term longs before the data drops, sell when high and under pressure
Hunting entry: Lightly buy near current price, add on dips to reinforce the base position
Stop-loss: Break below key support, exit unconditionally to preserve capital
Target: Take profits in batches around 768, reverse to short at resistance of 778
Most regrets in life stem from restlessness and impatience, rushing for quick success.
‼️‼️Risk reminder: The above content is for reference only and does not constitute any investment advice. Please carefully assess your own risk tolerance.