BitMagic
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Shared key levels with everyone this morning
Bitcoin 97500
Ethereum 2954
Both of these levels are breakout buy zones and breakout sell zones
We are more inclined to short
Two short trades, both profitable
Every day, we look for these key levels to place trades, and the win rate is very high
Ethereum has now formed a range, with the upper boundary at 2954. Using the range theory, the same principle applies
BTC0.34%
ETH-0.08%
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Yesterday's non-farm payroll data exceeded expectations, using the unemployment rate as a bullish factor.
It's another case of one bearish and one bullish signal, loud thunder but little rain.
There was little fluctuation throughout the entire night.
However, yesterday we identified a key level, Fibonacci 0.382 at 2954.
Multiple times, we pressed here to short.
Now, the price is fluctuating around this level again, which is also a trading point.
A valid breakout to go long, but if it can't break through, then go short.
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Short position opened at Fibonacci 0.382 resistance level in the morning
Maximum profit close to 90 points
Now it has returned near this level again. If it cannot break through, it’s still a good entry point for a short position. It’s best to prepare for adding positions, with an expectation of adding 50-100 points
There will be non-farm payroll data and unemployment rate tonight. At 9:30, the market may experience a big volatility. Be prepared for defense.
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Yesterday's precise prediction of Bitcoin's sharp decline
The support line of the trend has been broken, and the four-hour bullish-bearish dividing line of Ethereum has been broken
Both broke simultaneously, indicating that the previously analyzed double bottom may be coming
Yesterday, I went long on Ethereum at 3100, shorted twice at 3138, and went long below 3138, all timely, with good profits. The short position in the evening yielded even larger gains.
Even for those watching the video yesterday, shorting in the 90000-91000 range for Bitcoin also made significant money.
It is recommended t
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The Bank of Japan will decide whether to raise interest rates this Thursday or Friday. Currently, the probability of a rate hike has reached 98%, which is probably a certainty.
What about the impact on the crypto market? The answer is very clear: bearish.
This means Bitcoin breaking below the trend line, Ethereum breaking below the 4-hour long-short dividing line, possibly due to the rate hike in Japan.
A sharp decline would allow large traders to acquire lower-priced chips, which is a good opportunity for market manipulation.
The US currently has an interest rate of 3.75%. If Japan raises it
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Achieved both long and short gains again this morning
Many late risers missed the ETH spike; going long above the 3100 long/short dividing line, profits were good again. Fibonacci 0.786 faced resistance again at 3138, went short, held at 3100, and made profits again.
The Bitcoin 15-minute long/short dividing line is around 90000. If there is a successful breakout, it can go long again.
DOGE faces a critical support level at 0.13. If it breaks below, there will be significant selling pressure. Bitcoin's key support is the trend line, at the rebound point this morning. ETH's 4-hour long/short di
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DOGE0.69%
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Bitcoin may plummet
The pressure at 94,000-96,000 and the positive effects of rate cuts have failed to break through
Moreover, the recent market has been oscillating sideways; it just gapped down at the start of Monday and is now rebounding
Ethereum has broken through the 4-hour resistance and has also returned to the position of the bullish-bearish dividing line
Currently, Bitcoin is supported by the trend line, and Ethereum is supported by the bullish-bearish dividing line. If both break below, a new round of decline may occur
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Last night's bonus order, followed by explosive gains
The recent market trend is characterized by rapid rises and falls, a shakeout pattern
Don't enter the market at unsuitable levels. Recently, those who followed the rhythm have made over 500% profit on short positions
Currently, in the Bitcoin weekend market, if there's a chance for a rally or a dump, it's being held down by the Fibonacci 0.618 at 90400. If it can't break through, go short; if it breaks through, go long. Wait for the opportunity
Ethereum has returned to the 4-hour long-short dividing line. Currently, Fibonacci 0.618 at 3061
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Out of office for two days
Coming back to bring you a benefit
Ethereum short-term strategy
Currently, the bullish and bearish boundary is held down by 3250, with Fibonacci support at 3235
Break above 3250 to go long, break below 3235 to go short
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At 3 a.m., the Federal Reserve is expected to cut interest rates. What exactly are everyone’s expectations?
In the afternoon, Bitcoin and Ethereum suddenly surged, then quickly fell back. Many people asked me about it.
A 25 basis point rate cut is almost certain; this recent rally is basically a bullish signal for a December rate cut.
According to past惯性, positive news usually becomes negative once it is realized, so the market should be selling off. But everyone is actually hoping for a sort of covert money printing by the Federal Reserve.
Currently, there is quite a debate, and it’s hard to
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In the morning, let everyone take more below 3300, and the increase point is 3240
The highest profit of playing short-term is also more than 100%
Now the market pullback ranges from one-third to one-half
The pressure of Bitcoin 94,000 has not been effectively broken through, and it is also hovering at the 4-hour long-short dividing line
Ethereum is firm, and it will be seen whether Bitcoin can have an effective breakthrough before the announcement of interest rate cuts in the evening
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I predicted a market shift the night before last.
Yesterday, I told everyone that a major move was imminent and there might be a surge.
Last night, Bitcoin surged by 5%, and Ethereum by nearly 10%.
Successfully predicted the market shift—the 15-minute long-short dividing line supported Ethereum all day yesterday. Many followers profited both long and short three or four times, making significant gains.
Bitcoin's first target is now 96000-97000, Ethereum's is 3600-3700. Ethereum has stabilized above the 4-hour long-short dividing line, but what's awkward is that Bitcoin hasn't; it's hovering ar
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The long-short dividing line worked wonders
It held up seven or eight times today, and some followers traded long and short five times
Before ending the stream, I told everyone that 3106 is the critical long-short dividing point
The probability of holding was high, so go long during the rebound, and now it's skyrocketing—hold onto those profits, feels great
Be sure to take partial profits tonight, both taking profit and stopping loss are very important
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This morning, I led everyone to profit from both long and short positions.
We opened short positions at the 3130-3140 resistance range and made over 100% profit.
After taking profit, I updated in real time: the 3089 support held, so we went long and also achieved over 100% profit at the peak.
Now the market has returned to the support level again. This time, don't rush. Observe first and only enter if it's clear the support won't be broken, because the volatility range is getting narrower. Especially for those who caught both previous moves, be cautious when opening new positions.
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Bitcoin and Ethereum are about to experience a trend reversal
Last night, I already shared the resistance levels of the trend lines. Bitcoin is fluctuating around the trend line resistance, and Ethereum is also approaching its trend line. Moreover, it is standing above the 4-hour bull-bear dividing line. If it breaks out effectively, there could be a decent increase.
Currently, Ethereum is at the Fibonacci 0.786 level, with resistance at 3130-3140. You can consider a short position at this level, with a stop loss at 3180.
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Bitcoin and Ethereum are about to experience a major move
Bitcoin: The first trendline has already been broken, with the next trendline resistance around 96,000.
Ethereum: The trendline hasn’t been broken yet, but it’s already at a critical point. If it doesn’t break today, the news on Wednesday will be crucial.
Ethereum, 4-hour long/short dividing line: it’s also at a critical point right now, currently above the dividing line, but it can’t be considered stable yet. Once it breaks through, there will be a big move, with resistance in the 3,600-3,700 range, which is also the Fibonacci 0.
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