67K is the ceiling! $BTC can barely hold 68K, yet you want a reversal? The longer the oscillation, the deeper the drop!👊
Ladies, today BTC is showing some movement, bouncing from 64.7K to 67K at one point, many people are getting excited again. But I advise you to stay calm—open your eyes and see, it can't even get past 68K, how is this a reversal? This is a standard continuation of the downward trend!
Why is it still necessary to go short? Three hardcore logics:
1️⃣ Last night's surge was a "short squeeze," not real buying interest.
That wave indeed exploded a lot of shorts, with 86,000 people liquidated across the network. But this type of spike rebound is often deliberately pulled by the leading forces to eat up leveraged shorts; the purpose is not to go long, but to clear out the opposing positions, making it easier to continue hammering down later. On-chain data shows that the funding rate is still negative, indicating that smart money is not bullish at all.
2️⃣ Technical aspect: 67K-68K is a death zone, can't get past it.
Look at the current K-line, BTC starts to oscillate sideways as it approaches 67K, with 68K-69K as an iron top. Analyst Michaël van de Poppe also mentioned that as long as it can't get back above 70K, the market will eventually test the previous lows. The cost-effectiveness of going long at this position is extremely low, with all the trapped positions waiting to crush you above.
U.S. stock futures are still falling tonight, and crude oil has soared to $103. With such strong risk aversion, funds will only flow out of risk assets. Last night’s drop to $64,785 has already broken through the early month's low point; such a rebound after a breakdown is usually a trap for longs, the bearish trend hasn't changed!
My shorting plan:
· Entry range: 67,000 - 67,800, gradually laying out short positions. · Defense position: above 69,000 (let’s talk about a reversal only if it stabilizes here). · First target: pull back to 65,000 support. · Second target: if it breaks down, look down to 64,200 - 63,500.
Conclusion: Remember one thing: in a descending channel, rebounds are meant for shorting, not for bottom fishing. Last night’s spike has already exhausted the bulls' last strength; next, it's a slow boil to 64K!
Hold on tight, wait for the wind to come. This round of shorts will yield good returns by the end of the month. Share in the comments whether you are bullish or bearish now?👇
The dealer is quietly distributing! $SIREN This rebound is a standard "bull trap", prepare for the second wave of crash!
Ladies, SIREN has pulled up again in the past two days, and many people have started shouting "It's back!". But I advise you to stay calm—this is not a reversal, it's a dog dealer looking for a scapegoat!
Others fear my greed! $XAU This sudden drop is a 'golden pit', firmly looking for a rebound to 4600! 👑
Brothers, this week's sudden drop in gold has left many people confused. The gold price has slid from its highs, even testing below 4400 at one point.
However, at this moment, I choose to go long against the market! 👀
Why am I bullish at this position? The logic is as follows:
1️⃣ Geopolitical risk has not diminished: Although the market is falling, the situation between the U.S. and Iran remains ambiguous, and there is still significant uncertainty in negotiations. A drop during this time is often the main players utilizing liquidity shortages to 'wash the plate', rather than a trend reversal. As soon as there is any movement in the situation, safe-haven funds will flow back immediately.
2️⃣ Technical 'extreme pressure': Look at the daily chart, even though it has broken below the short-term moving average, the price has already reached the lower band of the Bollinger Bands (currently around 4300) and the previous area of dense trading. The RSI indicator has entered the oversold area (around 30), which could trigger a technical violent rebound at any time. A sudden drop at this position is often a 'false break'.
3️⃣ Smart money is bottom-fishing: Institutions like JPMorgan Chase have already announced that they have closed their previous short positions in U.S. stocks and are starting to evaluate the possibility of re-establishing long positions in gold. Institutions have prioritized gold on their 'shopping list', and we retail investors should not be left behind!
$ETH This weekend is not calm; Ethereum has already lost its grip after struggling repeatedly at the critical psychological level of 2000. Everyone should understand that this is not a simple pullback but a complete trend reversal. In the current market, any rebound to the 2020-2040 range, in my opinion, is just giving money to the bears! 🎯
Why am I firmly bearish? The logic is as follows:
1️⃣ The fundamentals have deteriorated: Don't be fooled by so-called active addresses. The well-known short-seller organization Culper Research has released a detailed short report, pointing out that after the Fusaka upgrade, Gas fees collapsed by 90%, and the so-called "on-chain activity" is 95% false prosperity brought about by address poisoning attacks, with no real demand.
2️⃣ Vitalik is "dumping": Even Vitalik himself has been continuously selling ETH to pay salaries for the foundation; this kind of selling pressure from the founder level will undoubtedly severely undermine market confidence.
3️⃣ Funds are flowing out: ETFs have seen a continuous net outflow for several days, and Solana is not only crushing ETH in DEX trading volume but even traditional institutions (like Visa) are choosing Solana over Ethereum.
$STO It is time to short! The bulls are already at their last gasp, and the cost-effectiveness of short positions at this level is extremely high!
After the violent rally in the past few days, $STO has clearly stopped moving at a high level. Don't be intimidated by the superficial bullish trend; the on-chain and market data are all hinting that a top is forming.
$NOM Empty!!! 1. Technical indicators are severely overbought: The 1-hour RSI is at high levels and showing divergence, while the 4-hour Bollinger Bands' upper limit is creating strong resistance. Price-volume divergence is obvious, with prices rising but open interest beginning to shrink, which is a typical signal for a trap. 2. Imbalance in chip structure: Market depth shows serious selling pressure accumulating above 0.00244. After such a sharp rise, cryptocurrencies typically need a deep pullback to wash out floating positions. 3. Market sentiment is overheated: When everyone in the square is calling for a bullish trend, it is the best time to short. Such cryptocurrencies usually rise and fall in the same manner. This wave of increase seems more like a tactic to create liquidity for high-level distribution. Protect the principal and wait for a correction.✊️✊️✊️
🚨 SIREN: 88.5% chips are in the hands of the dealer, this is an ATM machine for “long and short double kills”!
Don't be brainwashed by AI narratives anymore, on-chain data has already stripped everything bare:
📊 Solid data
· Out of the first 54 addresses, 52 are related, a single cluster controls 88.5% of the supply · Only 100,000 U can dump 40% in the spot market, liquidity is worse than altcoins · On March 22, a violent rally exploded 31.44 million U shorts, and then halved in two days — this is not a normal trend, it is a precise sniper shot!
🎭 Dealer's script Raise → Negative rate squeezes shorts → After blowing up the shorts, dump in the spot market → Let both longs and shorts lose money. The current rebound is just a “bull trap”, to find a buyer for the high position chips.
$ON Short!!! Those who dare to chase high at this position are warriors 👍 The volume has halved, RSI is severely overbought, and there is a lot of selling pressure above. The 🐶 dealer is just waiting for the leeks to chase high and then dump. Just go short and follow the 🐶 dealer to sip soup and it's done.
$STG Empty! Go in and pick up rice!!! The 4-hour line has already moved out of the range of oscillation and downward trend, there is strong resistance around 0.3 above, but the upward momentum is insufficient to break through, this position is about to collapse at any time and start to plummet!
Support below: $2,000 psychological level is key. If it breaks, it may further probe down to $1,980 - $1,900. Resistance above: $2,100 - $2,135 forms the first strong resistance area; if unexpectedly broken, it looks up to $2,200.
Specific strategy thoughts:
Short-term short (trend-following strategy): If the price rebounds to the $2,080 - $2,100 range and upward momentum weakens, consider lightly shorting. Stop-loss can be set above $2,135, with the initial target at $2,020; if it breaks, hold on to look towards below $2,000.
· Short selling is extremely crowded: the long-short ratio is only 0.32, and short positions are more than three times long positions. · Trend has not reversed: the daily chart is still in a downward channel, and key support is precarious.
Taking care of a child alone is really exhausting; I feel like my body has been emptied. Recently, I haven't had the energy to watch the market, and my operations have become distorted. I couldn't hold onto two large positions $RIVER and $SIREN for short selling, and I also missed the opportunity to enter a second time. However, I'm glad that most of the orders I have are in profit ☺️
$SIREN Teacher Zhang, who was young, suddenly passed away. Starting tonight, I also dare not stay up late to watch the market, but the SIREN coin had previously trapped me so much. I must find a point to empty you completely👊
$EDGE Just control your position well before the market opens, and that's it. No need to worry about the cost being draining; just don't use high leverage, it's meaningless 😣
$ARIA This coin has already shown a significant increase in volume at a high level, indicating that funds are fleeing wildly. During this pullback, I expect to see 0.2; sisters can take profits at 0.2. My trading habit is still to hold until it reaches zero, so don't follow my example 😜
$ORDER has not broken through the resistance level, and now the liquidity has been attracted away by siren. Tomorrow, on Monday, the liquidity will be drawn away by the mainstream again, plus the fees are already charged hourly, this coin is basically at its end, I will short out of respect 🙌