$BTC strong break through 81200! It hit my stop loss, but I still refuse to accept it! Tonight's BTC is crazy! Carelessly, even a genius trader like me got stopped out. Everyone, look at that 4-hour big bullish candle, it has appeared twice in just one month, how can the bears survive? I stared at the 81280 price and fell into deep thought! It's almost at the previous high point, circling back to this position. I expected it to come back, but I really didn't expect it to be this fast. The script I imagined was that the main force would knock out most of the long stop losses, shake out the profit-taking positions, and then rally. I never expected them to be so impatient. The downtrend posed little threat to the bulls, just a mild and steady drop. For the bulls who have long held positions and profited, this is just a minor event. So, there are still many profit-taking positions holding on, and the resistance to the rise remains. The 4-hour MACD has crossed bullish again, the main upward wave of the bulls is very standard, showing violent rallies, strong support, and sideways consolidation. However, although the price rose quite a bit this time, the cost of this rally is much higher than last time. The reason is that in this rise, the shorts liquidated are not many in the total trading volume, so it’s not a full short squeeze driving the price up, but more real buying capital entering to push the price higher. It’s important to note that many people think, wow! So many buyers, it must keep rising! Here, I advise everyone to be clear-headed; the logic is not like that. For example, the short squeeze on August 19th was triggered by a small amount of capital causing short liquidations and a chain reaction, leading to continuous price rises. Because few shorts entered, the short liquidations offset the selling pressure from the bulls, so after the price went up, it was hard to fall. This time is different: the bulls flooded in like a tide, so the price surged and there are many profit-taking positions. Without short liquidations supporting the price, once the bulls take profits, there will be a risk of a rush to exit, and a sharp price drop is very likely. So, the current situation is that shorting is difficult because the bulls are still strong, and going long is difficult because the price is already near a local high. Therefore, I was liquidated and I really refuse to accept it, but I held back! I won’t short for now; the structure has changed. Watch how I get back what I lost today! So annoying!

$DOGE Haha, I am really satisfied with Dogecoin's performance tonight! Dogecoin is very strong tonight, rising 10% in a few hours, leading the mainstream coins. The price has risen to 0.08995, just a step away from 0.09, which puzzles me — it’s just 0.00005 short of breaking through, making the data look better? What’s so scary about the 0.09 level? I analyzed the fundamentals; the open interest (OI) is currently declining, having fallen below $70 million. This indicates that the current rally is dominated by a short squeeze, with a large number of high-leverage positions driving this surge. According to on-chain data, recently a whale accumulated 1.7 billion coins between 0.081 and 0.083. Additionally, the Xpayments payment benefit has been hyped repeatedly; this news has been circulated over and over, each big surge is promoted again, really putting the main players in a tough spot, as they can’t find a better story to tell! 😂 The price, combined with the previous gains, has already increased significantly. The short-term price is extremely deviated from the moving average, especially after the short squeeze, with OI continuously falling. I think it’s unrealistic for the main players to spend real money to push up a coin that has already risen so much, so the chance of a pullback is increasing. Currently, a sideways consolidation is urgently needed to clear out the weak profit-taking positions, which might allow for a higher move. For bulls, around 0.0895 could be considered for taking some profits to reduce the risk of drawdown caused by a pullback. I do not recommend going fully short yet, because the uptrend stalling is likely due to insufficient short positions above, making it hard to maintain the short squeeze rally. Now, there is a high chance that these shorts will become fuel for the main players to push the price up, so it’s best to wait for the market to stabilize, consolidate, and confirm direction before following the trend. The above is my personal opinion and does not constitute investment advice!

$SOL brothers, are you holding steady? Tonight's big surge wave, get in at 98, get out at 99! Regret it so much, if only I had known earlier... SOL's surge tonight is more decisive than Ethereum and Bitcoin. First, it cooperated with the market's bearish sentiment, breaking down to 97.3, releasing short-term bearish pressure. When the bears relax their vigilance and everyone enters holding coins waiting for a rise! The show begins! A big bullish candle forcibly pushed above 105. It totally stunned me, watching the position closed at 99! Baby's heart is bitter! Need comfort! Looking at the chart details, the 30-minute MACD strongly rebounds below the zero line with a strong golden cross, RSI breaks above 70 and starts to plateau. Moving averages at all levels are pressed below, and the position volume continues to grow after hitting bottom, indicating real capital inflow. Although I am currently out of SOL positions, since it has risen so much, there is still a risk of pullback, and short-term pullbacks will also provide opportunities to re-enter! Short-term pullback target is 101, bullish breakout target is 110. If volume continues to increase, then directly see 123. The above is personal opinion and does not constitute investment advice!

$ETH brothers, tonight was really thrilling! Ethereum surged unilaterally, breaking through $2500, and the shorts were all wailing. Tonight's market really surprised me. Honestly, I got FOMO, but hesitated and didn't manage to open a position in time, so congratulations to the brothers holding long positions. A couple of days ago, when Ethereum dropped below $2400, I was quite bearish emotionally. But today's market went from $2355 all the way up to $2518, a big bullish candle that hit me hard and shattered my bearish sentiment! But! Brothers, I think we shouldn't just feel great about the recent surge to $2518 and chase the highs. Look closely, at the $2500 price level, the price was pushed up by 4%, but the open interest did not increase proportionally. This indicates that the main force hasn't really put solid funds into the market; rather, this is more of a short squeeze liquidation move. $2520 is a previous dense chip accumulation area. To break through this level, relying solely on a short squeeze is far from enough; more support from the spot market is needed. Going forward, the probability of a pullback increases, and $2470 is a key support. If it continues to break upward, $2520 is a heavy resistance level. Only after breaking it will there be more room for a catch-up rally. The above is just my personal opinion and not investment advice.

$BTC surged from 76204 all the way up to 81388. This crazy rally means big losses for the short sellers! Bitcoin skyrocketed, wiping out $190 million worth of shorts in the past 24 hours. This morning, the discussion on the platform was still about whether it could return to 78000 and hold above 78000. No one expected it not only to return to 78000 but also to break through 81000. The market was extremely decisive, climbing steadily from 76204 to 81388 without any pullback. The latest 30-minute indicators show this is no simple rebound; this is a perfect bullish one-way trend, a classic main upward wave resonance. MACD bullish momentum surged, with DIFF reaching a recent new high. Volume also increased. The BOLL channel widened again, with the price forcefully hugging the upper band in a strong rally. Most importantly, open interest soared, a typical volume-price increase with rising positions, indicating funds are aggressively accumulating. On the institutional side, investment bank AllianceGlobal raised its target price for MicroStrategy to $217. MicroStrategy’s stock price surged. According to MicroStrategy’s strategy logic, this round of rally will likely provide upward momentum on the spot side, as they habitually sell stock to buy Bitcoin when their stock price rises. With such a strong bullish trend currently, it’s best not to short based on gut feeling; following the trend is key, and definitely avoid FOMO buying longs. The short-term risk-reward ratio isn’t favorable! After all, it has already risen over $4000 in just a few hours, and the market needs time to digest. If the price falls back below 80200 in the short term without volume expansion, the bullish trend may continue. The defensive stop-loss level, based on current indicators, is adjusted to 79000; breaking VWAP 79108 signals increased downside risk. The first bullish target above is 82500, which might be challenged in the short term. However, at the current price, that’s less than 1.5% upside. If you have no position, there’s no need to chase this small gain. If you do have a position, it’s best to take some profits and try to capture a bit more. The above is just my personal opinion and not investment advice.

$BTC volatility is 5.3%. Today, the low price rose by $3000, and Bitcoin short liquidations were only $170 million. It can be concluded that this wave of increase did not trigger a severe short squeeze. On the contrary, a lot of real capital has flowed in. The proportion of long inflows has completely overwhelmed the shorts, which also means that most shorts are currently at a floating loss. Without a short squeeze, the price relies entirely on buying pressure, which itself is a huge risk for the main players. Currently, various indicators are starting to show overbought and stagnation! Beware of major players distributing at high levels.

Just saw the brothers showing their profits on the planet for $BTC! Is Bitcoin doing charity? Tonight's surge really caught me off guard. I shorted in the afternoon and started to profit, but the rally in the evening caused a pullback loss. Luckily, I stopped out in time, or it would have been bad. Tonight's market is really strong, with a bunch of resistance levels above, yet it was still powerfully pushed through. The upward momentum is strong, breaking through 80000 in one go, and the momentum remains strong. Let's see if it can break 81500 tonight. Although the momentum is strong, this rise is too fast without any positive news, so it might just be a breakout wick. Therefore, I still suggest bulls adjust their positions appropriately and take some profits. The above is just my personal opinion and not for reference!

$BTC breaks 78,000 again, brothers, this time I'll start by shorting to show respect! Many people think the bull market is back with today's V-shaped rebound! Here, I advise you to calmly take a good look at the market. Although the price surged to 78,000, appearing strong, every rise is accompanied by heavy selling. On the 30-minute chart, the major resistance lies between 78,200 and 78,400. At this point, indicators are already showing full bearish sentiment; the K value of K DJ is 94.7, indicating extreme overbought conditions. The price broke the previous high, but the MACD momentum did not surpass the momentum of the previous rise. Open Interest (OI) is weak during the rise, indicating low retail investor enthusiasm for chasing the rally. The underlying logic of this break above 78,000 is simple: there are too many trapped positions above 80,000; this rally is just for high-level distribution, and the chance of another breakout is small. I have already opened a short position at 78,123. If the price rebounds and breaks 78,400, I will continue to add to my position. Stop loss is set 200 dollars above the previous high, around 79,588. Initial bearish targets are 76,800 for the first level, 76,200 for the second, aiming for a new low. The above is just my personal opinion and not investment advice!

The daily-level MACD death cross for $BTC has been confirmed again! After nearly a 30% rise in August, Bitcoin may be entering a phase of deep pullback. If you are still consistently bullish on Bitcoin, I really hope you can calm down. Because the market has already shown a very important signal. That is the daily MACD death cross. Don't underestimate this most commonly used indicator. It means that short-term momentum has started to fall below the medium-term momentum. This kind of larger time-frame indicator is not easy to recover from. Moreover, the death cross appeared when the price was not low. The key point is that after Bitcoin's big rise, the price is still above the Bollinger Bands middle band. And the MACD indicator is very simple to use: buy on golden cross, sell on death cross. This undoubtedly puts huge pressure on the bulls. Also, don't forget that September itself is a relatively special month. According to historical statistics, September has always been the worst-performing month for Bitcoin. According to related genius traders' statistics, since 2014, Bitcoin's average return in September is -2.2%. Big rise in August, daily MACD death cross, poor historical September performance, hawkish Fed, geopolitical conflicts, and so on. For the bears, there are plenty of stories to tell. Therefore, my short-term view has turned bearish. The first target is for the daily candle to pull back to the Bollinger middle band, around 73,000. The above is just my personal opinion and not investment advice.

Brothers going long on $BTC! I'm feeling so bad, funding fees are flowing out every day, and the price still won't go up! This is a direct shout from a friend in the crypto circle! It made me think deeply. I just did some clearing, and in the past whole month, the longs only received 3 funding fees, with returns of 0.00172%, 0.00041%, and 0.00126%, totaling 0.00339%. All the rest were funding fee expenses, and any single funding fee expense this month is enough to wipe out all these incomes. This might be a factor we longs need to be cautious about. Because the current situation is that shorts are getting more and more comfortable. There are various levels of moving averages pressing down from above the price, and without absolute funding support, the rise is weak. For us longs, holding each long position is not free. The key is, we pay money, but the price doesn't rise; instead, it falls, which is like the market is conducting a double-layer strangulation on us. One point I worry about the most is. The short logic is becoming more and more consistent. More and more people are shorting. Another thing worth noting is that from August 18 to 20, over 3 billion USD worth of short positions were liquidated. This means the current short positions above either have sufficient margin or high cost, making it especially difficult to liquidate them again. Therefore, they have the natural advantage of trading time for space. I'm not saying this to urge longs to stop loss. I'm just thinking about one question. We've been shorting for so long, paying a lot in funding fees, but the price hasn't moved in the direction of our positions. If the price goes back up, that's fine. But if longs keep increasing, funding fees keep rising, yet the price still doesn't fall, that's the scariest, just like the trend these days. I have a long position, and although it currently has some floating profit, the funding fees I've paid during this period have already been nearly 10% of the margin. I opened this position on August 22 with 30x leverage.