TraderS

Indeed, during a rebound market, any idea with vision is a foolish act.

Be cautious, CME has unplugged the network again. After the last time they unplugged the network, the market experienced intense volatility.

Over the past couple of days, since Bitcoin dropped below 68, it has attempted to rebound three times but has not broken through the 1-hour EMA20 line. Currently, at 637, it’s just stuck on the one-hour chart again. If this time it shows some strength and gives a 4-hour level rebound, I’ll consider looking around 655.
The reason why Bitcoin’s recent month-long trend has been so frustrating is that after breaking below 90,000, it has never experienced a daily-level rebound. Continuous downward pressure has worn down the bulls’ patience.
Currently, the daily EMA200 is still around 917, which is

I don't know if the crypto world has failed, but at least for now, this round has failed, leaving only a trail of chaos. Some things are beyond our control due to lack of strength, but that doesn't mean everyone is unaware of the truth, doesn't mean people don't know the ins and outs, and doesn't mean there is no sense of justice. Although this circle indeed has many gray and black areas, and although many people are forced by life to keep a low profile and dare not speak out, it doesn't mean there are no principles of right and wrong. Water can carry a boat but also capsize it.

At this moment, the sound of gunfire outside is deafening. Wishing for peace and safety for all.

With just a big bearish candle, the so-called "Spring Festival market" that barely lasted a day before yesterday has completely reverted to the "Spring Disaster market." Whoever is more strategic will be the dog in the end.

Slightly watched the Spring Festival Gala, and after the holiday, the robots will definitely hit the daily limit. The progress this year has been truly rapid and significant.

The Spring Festival red envelope market is quite intense. Bitcoin and Ethereum clones are breaking through across the board. If this momentum can last a bit longer, pushing gradually to 74-78 or even breaking 8, then dropping back to 52 would be the perfect scenario.

Well, Bitcoin, which was already weak, fell along with the US stocks, gold, and silver. Today's rebound failed again. Let's see how tomorrow night's CPI turns out. To be honest, I'm not very optimistic, after all, it needs to balance against yesterday's big non-farm payroll report...

Right now, the market is moving like this. You could say it's hanging by a thread, half dead and barely alive, but that might be a bit unfair—after all, it's not dead yet. If there's still hope for a comeback, it feels like at any moment it could just give out and be over.
Looking at the charts, since dropping below 90,000, Bitcoin has been consistently suppressed by the 4-hour EMA20 and hasn't been able to turn around. To show some strength, it needs to first break out with a big bullish candle and test 74,000, preferably even push straight to 79,000. Giving the retail traders a little hope o

Let's consider a hypothesis: although the recent market downturn in the crypto space was triggered by the decline in gold and silver, the overall performance of the US stock market has actually been quite good, quickly stabilizing and demonstrating enough resilience, indicating that liquidity hasn't experienced major issues.
Therefore, we can initially attribute the complex decline in the crypto market to a temporary liquidity shortage caused by the sharp sell-off of highly liquid crypto assets following the margin increases in gold and silver.
If this hypothesis holds, we might even see a

A historic moment: after a year and a half, Bitcoin has returned to the 6-digit range again.