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Crypto Zhongliang: Don't chase the desperate enemy, Bitcoin rebounds at midnight, keep counting the money!

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crypto钟良
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1 month ago
AI summarizes in 5 seconds.

In the world of crows, swans are all guilty! Just stay true to your original intention and do what you need to do every day. Those with heart don’t need to be taught, while those without heart cannot be taught! Liquidation always has its reasons! Behind every liquidation, there is no innocent retail investor! Before starting the midnight sharing, please allow Zhongliang to boast about this week's short positions. I won't mention the previous shorts from 94,000 and 98,000 down to 75,000. Today, I suggested shorting at 78,800, and yesterday at 78,500, with Ethereum shorted at 2,380. These are all publicly available across the network and can withstand verification!

Bitcoin just broke below the 77,000 level. The hourly chart has already broken below the lower support, with both the middle and lower bands opening downwards. The MACD is continuously increasing in bearish volume, and both KDJ and RSI are turning downwards. On the 4-hour chart, the price rebound is being pressured by the middle band, but the lower band is opening upwards, limiting the space below. So don’t get too aggressive in chasing shorts. The MACD bullish volume is decreasing, and KDJ and RSI are turning downwards. The daily candle is likely to close bearish, forming a small triple top around 79,000. The price could either drop sharply below 74,555 or rebound to fill the gap; this remains to be observed! Shorting is never about waiting for the market to drop and then belatedly chasing shorts, but rather thinking ahead before the market rebounds, predicting where it will be pressured, and then shorting at those resistance levels!

Pay attention to the upper resistance around 78,300, which is the 0.5 level, and then around 79,300, which is the 0.618 level. Short positions can be engaged around these levels, targeting 77,500, 76,500, and 75,000.

For Ethereum, pay attention to the upper resistance around 2,315, which is the 0.5 level, and then around 2,353, which is the 0.618 level. Short positions can be arranged around these levels, targeting 2,280, 2,230, and 2,160.

This

is not about illusions or exaggerated profits; every moment of following is a live broadcast. The current price order is the best evidence of strength, without any fluff. Making money is the way to go. A thousand gold cannot buy foresight, and ten thousand gold cannot buy a remedy for regret. Let the observers continue to observe, let the worried continue to worry, let the fearful continue to fear, let the losses continue to be swept away, and let the profits continue to be made. Every current situation is a test, and every market follows natural laws. There is no investment that does not profit, only operations that do not profit. Following the right teacher is incredibly important!

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Selected Articles by crypto钟良

7 hours ago
Crypto Zhongliang: 3.24 BTC/ETH Market Viewpoint
1 month ago
Bitcoin is fluctuating sideways, and it's time to make a move again. The strategy for high shorts remains unchanged for next week!
1 month ago
Crypto Zhongliang: 2.9 BTC/ETH Market Opinion
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