New in the market: Bitcoin is soaring high, New is feeling accomplished!!!

CN
2 hours ago

Good evening everyone, I am Xin Ya. I don't need to say much; you can already tell that I have been getting stronger and more energetic lately. In fact, if you pay attention for a bit longer, you'll find that it's even more powerful than you imagined.

This month I have been bullish, waiting for a breakout to create a main upward wave. July and August have seen a month and a half of fluctuations, and the energy built up during the consolidation will become a sword that pierces upward.

Back in mid-August, I drew a structure chart for Bitcoin, giving several key levels, all of which are controlled by the market makers. There are really not many people on the market who understand structure and volume-price better than Xin Ya. Look at the chart from half a month ago, at the level of 65800 and 70500. 65800 is the bullish relay point for the breakout of Bitcoin's pressure on the evening of the 19th, and 70500 is the first spike point during the initial upward movement. Check if the market maker's position aligns perfectly with the points I provided. Honestly, which whale has been secretly watching me??? Below are the structure chart and important points for Bitcoin:

Since Bitcoin and Ethereum have been handled synchronously, I have only drawn the major trend for Bitcoin and not for Ethereum. I found a structure chart I shared in June. At that time, there were several key levels, 1940 and 2137. Substitute in the candlestick chart and you will see, 1940 is spot on, the starting point of the main force's upward movement, while 2137 is the spike point where Ethereum's first upward strength occurred yesterday, and around 2058 is the bullish relay point. Even without considering these, both Bitcoin and Ethereum indicate the market maker's points! How far-sighted is Xin Ya?! Am I not the spokesperson for the main force??? Then who else is fit to be one? Just those marketing folks?

Below are all recent tips; at every time period, I've been bullish on Bitcoin and Ethereum, systematically dealing with the shorts. Originally, I didn't want to be this aggressive, I can only blame a few low-quality people who haven't completed their cycles in the middle of the month for their foul language, which is really anger-inducing. However, the market has already cleared them out. I hope that next time they will have a bit of respect for the market and for their seniors.

Let me roughly explain why the market is moving rapidly,
Firstly, 65200 is above the four-hour central point from the past two months and is the pressure point in the spot order book. Once broken, there is no pressure left in the market, and seventy thousand is the maximum pain point for options, equally important as the previous 63000. Macros, including news, have major positives; those shorts at the bottom are trapped, and the upward movement process has become fuel. This convergence of factors has driven the increase. And within the day, as can be seen, after four o'clock, Bitcoin and Ethereum surged on time because four o'clock is the moment for options settlement. In the past, such major movements often happened on Fridays, as the options settlement volume is higher then. The market is moving in advance, and the conspiracies and interests involved are not something you should be concerned about. The market will be relatively complex over the next couple of days; this is also why I chose to take a step back today and release more details next week, to observe first and let the dogs fight among themselves.

Regarding the future market, under three frameworks, there are seven possible trends; the accumulation phase is already complete, and the cost of raising and crashing in the future market is very low. Writing out the trends will take at least two hours. I wonder if some people can’t even handle the easiest trend to reverse, is it really necessary to participate in the future market? Bitcoin is going to change its strategy; the fluctuation range will be quite large, and Ethereum’s trend resembles that from May 25, suggesting a bull retracement. September will see more significant fluctuations. We will wait for the formation of the consolidation center; regardless of whether the upward or downward pressure is not strong, the high leverage in the market has already been thoroughly cleared out, and the low leverage is still resisting stubbornly. I suggest observing on Friday and over the weekend before re-engaging next week.

For Bitcoin, pay attention below to 70500, 69500; above to 71800, 72500, 73500.

For Ethereum, pay attention below to 2250, 2220, 2168; above to 2335, 2380, 2385.

These are naturally digested ranges, high positions should not be chased, and low positions should not be attacked; the second segment of the consolidation phase itself is like picking up chestnuts from a fire, akin to trying to skin a tiger.

Currently, it will first oscillate around 71800 and 2280 as the center. If the market maintains strength, after the next phase of consolidation, it will turn to the bottom, centering on this. If the market goes down first, the last three short-term trades will be long, short, long. If it goes up first, the last three will be short, long, short. Pay attention to the strength of the first segment; if weak, the last three trades will be strong, weak, strong; if strong, they will be weak, strong, weak. Model the four possibilities, and you can understand by drawing arrows.

I hope you can walk along with me.

Below are the tips and this month's article records from Aicoin.

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