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On-chain Analyst
Crypto Market Researcher
Futures Trading Strategist
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Negative funding rate, short squeeze, right-side shorting
live-cover
5 reminders set
2026-04-16 13:11
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ETH hourly-level breakout of a symmetrical triangle, with the upward trend's symmetrical triangle pointing upward,
But as the momentum weakens, the risk of chasing longs is high. After a shooting star appears above 2400, opening a short position offers a favorable risk-reward ratio.
Gradually enter medium- to long-term shorts between 2400-2470, with a stop loss at 2500 upon breakout.
ETH3,82%
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GateUser-aa6ef0e1:
LFG 🔥
BTC's funding rate has been negative, but the bullish momentum has weakened, and the market continues to move toward a short squeeze.
Currently, the rebound is not a reversal; the 76K-77K range above is a good opportunity to gradually establish short positions with a favorable risk-reward ratio.
Support levels below are at 73.5K and 72K; if the low at 70.5K is broken, the current rebound will end.
BTC3,41%
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SOL has formed an ascending wedge (bearish) on the 4-hour chart, watch for a move above 87, and if a pin bar appears again, consider opening a short position.
Support levels are around the lower band at 82; if it breaks below, continue holding the position. If support consolidates below, consider reducing positions. Forward stop-loss at $SOL #美军封锁霍尔木兹海峡 .
SOL1,1%
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ETH daily K-line shows a long upper shadow and a bearish candle, indicating a high probability of a pullback within the day. The pullback target is 2200-2180; as long as 2180 is not broken below, it can still be viewed as an opportunity to continue aiming for new highs.
Above, the daily K-line resistance is at 2400-2470. When the price reaches this area and shows signs of upward weakness, such as minor top pattern formations, it can be a good time to open short positions with light initial capital on the left side.
Wait until the price breaks below 2170, then add to the short position on the r
ETH3,82%
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Daily K-line shows a long upper shadow and a bearish line, with an obvious top pattern, and it belongs to a double top structure. Currently, it is encountering resistance in breaking through and is in a pullback,
Look at the support below. Currently, on a small scale, it is oscillating in the 747-737 range, and as long as 72K does not break down, it is still possible to see higher highs (76K or 77K),
Breaking below 705 creates a lower low, confirming that this rebound has ended. As mentioned yesterday, the current rally is driven by futures contracts,
Spot CVD has been diverging all along. Thi
BTC3,41%
ETH3,82%
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Yesterday, Bitcoin dropped to the previously mentioned support at 68K. Due to Trump’s verbal influence pushing the market up, the price rebounded, but there is significant selling pressure above.
If it breaks below 67.3K, then the high at 76K can be confirmed, with 72K as the secondary high.
Today, focus on shorting opportunities around 70K-70.5K.
If it breaks above 70.5K, the next target is not 72K but rather a move to gather liquidity near 72.5K before dropping again.
High-position shorts can be held steadily for now; currently, there is no plan to go long.
BTC3,43%
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The concubine price stopped falling last night but is not recommended to go long and buy the rebound. Wait for the rebound to look for shorting opportunities.
Weak rebound around 2120, strong rebound around 2220 (after removing liquidity above, it will decline).
Breaking below 2000 will accelerate the move toward 1900, with 1900 as support.
ETH3,83%
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Short-term price pulled back to 69K and rebounded, forming a right shoulder to construct a head-and-shoulders bottom. Watch the 71.5-72K neckline; if it breaks above, we can continue looking at 73.4K to fill the FVG gap. If it decisively holds above 74K, it will attempt to break 76K again or even test a higher high. Support levels below are at 66K and 68K.
Personal suggestion: don't go long above 70K, don't go short below 70K. Expect a downside reversal to begin in 1-2 weeks. The extreme limit for this rebound's high is 78K-80K.
Aggressive entry: short at 71.5K-72K rebound (stop loss on breako
BTC3,41%
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Short-term is also breaking out of head and shoulders bottom, with smaller timeframes forming a bullish flag (bullish). Only if it breaks through and stabilizes at 2200 can we look up to 2300 and 2400;
Aggressive traders can consider long positions on pullbacks around 2130-2100 (tight stop loss). Conservative traders should go long around 2050 and 1900;
However, personally I lean towards trading counter-trend bounces, shorting aggressively at 2200, conservatively at 2300 and 2400, with an extreme level at 2480;
Going long against the trend, only use tight stop losses, do not hold long position
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Price rose to 2380, then retreated to oscillate within the 2200-2900 range. If price fails to break below 2200, watch for a retest of the 1900 support zone. If the range breaks down and fails to recover, expect a new low. However, if price consolidates horizontally around this level, the probability of another upside move to test a higher point increases. Watch for shorting opportunities at 2200 and 2300 above, with support levels at 2040 and 1940 below, and strong support at 1900. Personally, I lean toward playing rebounds with short bias #加密市场回涨
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This week there's a high probability of a downside breakdown, but the longer the consolidation continues around 70K, the greater the probability of another upside push to make a new high above 71.7K;
However, the major trend remains downward. If it breaks below 66K tonight, it will move directly down to 62K-63K, and we should observe the support below. If it breaks 60K with heavy volume, the situation becomes critical;
For intraday bounces, 72K and 73.6K are both good entry positions for establishing medium to long-term short positions. For longs, focus on 65.5K and 62.5K.
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The live stream is hyping it up, can we brag about it a bit? Did anyone see it? #币圈#
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RunhengRh:
When will the live broadcast be?
The smaller timeframe has a need for a rebound, but the larger timeframe still points to a decline. Once the price rebounds to around 2120-2150, if it fails to break above, consider entering a short position. The support below is around 1900. If it breaks below 1900, the previous low will likely not hold. #加密行情震荡
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Weekend rebound is weak, currently no bottom has formed, weekly downtrend remains unchanged, weekly support level at 43K-54K;
Daily level broke 74K to capture upper liquidity then declined, consistent with the rise to 97K from 80K then decline, currently daily 0-axis near death cross, cautious on longs;
4-hour RSI is oversold with rebound demand, but each rebound is an opportunity for longs to exit and shorts to add positions;
If upper rebound fails to break 71K, will continue declining, watch support levels at 66K and 62.5K below; early 75688 short positions can continue to hold, targeting br
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A few days ago, I mentioned that the middle line of the daily Bollinger Bands and the 50-day moving average are not going down. There is a possibility of testing a secondary high and then reaching a new high. #币圈# ​​​$BTC
BTC3,41%
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