Master Talks Hot Topics:

Today, let's first discuss the external environment of the market; the US and Iran are still testing each other. The longer this drags on, the more chaotic the impact on the market, and the more difficult it becomes for some individuals. Oil prices haven't truly risen, what does this indicate? It indicates that the market fundamentally does not believe they will go to war.

No need to beat around the bush, let's go straight back to the market. The essence is the same; the spike to 80K yesterday was, to be blunt, a combination of news stimulus and emotional push, but the follow-up did not keep pace, and today it fell back to its original form.

The details of the market are more direct. The selling pressure at 81K is not just for show; it's plainly telling you that someone is waiting to sell here. The key is that the short sellers have not truly exerted their strength yet; they are only placing orders to test. When they really take action, that's when the market will start to change.

Looking at the open contracts, they are also decreasing; what does this signify? It signifies that leveraged funds are withdrawing, and those who chased the highs have started to hesitate. The gambler funds in the market are decreasing; under these circumstances, do you expect the market to surge mindlessly? It's unrealistic. Without new money coming in, what is there to push it up?

Although ETFs are still flowing in, the intensity has obviously weakened, and this is the key point. It's not that institutions don't buy; it's just that they don't feel as compelled to buy anymore. This state of buying while observing is essentially uncertainty. Without a firm buying force, the market will lack sustained momentum.

Regarding the balance of long and short forces, the most accurate situation right now is that no one is ready. The shorts are waiting for a better position, while the longs are waiting for news stimulation. Both sides are observing, so the price will naturally be volatile, oscillating back and forth. If you're heavily invested in this position, you're just asking for trouble.

The technical structure is also very clear; the daily chart is still in a rebound channel, but it has already reached a relatively high position. To put it simply, the bulls are unwilling to give up; they want to touch 80K or even higher to confirm a wave of emotional peaks. However, this kind of movement often represents the final push.

So the logic is very simple. You can play short-term, but don't get overly excited. You can test support levels with light positions, but when it reaches resistance levels, don't hesitate—reverse your position as needed. Don't think about grasping the big market moves; in this phase, you are most likely to be repeatedly harvested.

The real opportunities lie in the medium term, and it's likely a short opportunity. But it's not about forcing it at this position; it's about waiting. Waiting for what? Waiting for the price to bounce back to the range of 80K to 82K, waiting for the market sentiment to heat up again, waiting for the short funds to truly enter the market...

Master Observes the Trend:

Yesterday, the pre-set orders provided by the Master perfectly reached their target, with the main market moving in the range of 77000-77500 reaching 78500-78800. The shorts set up in the 79200-80000 range also perfectly hit their expected targets. Congratulations to those who followed and profited from both sides.

Currently, the main market is operating around 78.3K; the daily chart is still in an upward channel, but it has risen to the upper edge of the channel, which belongs to a pressure zone, showing signs that it has risen too much and needs to pause.

How should the current trend be understood? The daily trend level is upward, and the moving averages also support the rise. However, the price has been moving sideways at a high level recently, indicating a tug-of-war between bulls and bears, building momentum. If it continues to break upward, there is still space for the market. However, in the short term, it may be a bit overheated and could oscillate before deciding on a direction.

The resistance level at 79.3K is crucial; if it breaks above, we need to look at 80.6K. The two possible pathways for the support level between 77.6K and 76.3K are, if it holds 77.6K, it's likely to continue rising and challenge 79.3K again, where a breakout could lead to above 80K. However, if it breaks below 77.6K, it could pull back to 76.3K or even lower.

4.24 Master’s Segment Pre-Set:

Long Entry Reference: Not currently available

Short Entry Reference: Short in the range of 79300-79600, Target: 78300-77600

If you truly want to learn something from a blogger, you need to continuously follow them, rather than jumping to conclusions after watching a few market movements. This market is full of performative players; today a screenshot of long positions, tomorrow a summary of shorts, appearing to catch tops and bottoms every time, but in reality, it's all hindsight. The truly worthy bloggers have trading logic that is consistent, coherent, and stands up to scrutiny, not jumping in to make grand claims only when the market moves. Don't be blinded by exaggerated data and fragmented screenshots; long-term observation and deep understanding are necessary to differentiate between thinkers and dreamers!

This content is exclusively planned and published by Master Chen (WeChat: Master Chen of Coin), who shares the same name across the internet. For more real-time investment strategies, resolving positions, spot trading, short, medium, long-term contract trading skills, operation techniques, and knowledge of candlesticks, you can join Master Chen for study and communication. A free experience group for fans has now been opened, along with community live broadcasts and other quality experience projects!

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