#BTC #ETH The market is currently experiencing a significant drop, causing widespread panic. Here are my thoughts for your reference: Firstly, the first wave after a trend emerges from a period of consolidation is the most difficult to pinpoint. Successfully identifying the top or bottom is incredibly rewarding, but attempting to do so will likely involve several failed attempts. Secondly, based on my experience with left-side trading, specifically regarding the cryptocurrency market, I believe it's nearing its bottom. There might be one last sharp drop, but it won't be too significant, likely falling to between 65 and 68, followed by a rapid rebound, ultimately forming a consolidation range of approximately 65 to 78. What remains uncertain is the performance of the US stock market, which is currently still at a high level. In a consolidation phase, cryptocurrency price movements typically precede those of the US stock market. If the US stock market breaks below its consolidation range, the cryptocurrency market will likely fare poorly, but it should initially show more resilience than the US stock market. It will then gradually decline in small increments, following the US stock market's downward trend, at which point Bitcoin might reach around 58. Subsequently, the cryptocurrency market will rebound first, ultimately forming another trading range, roughly between 58 and 75. In other words, the bottom of the next trading range is currently uncertain, but the top is likely to be around 75. If the US stock market breaks below its consolidation range and accelerates its decline, then Bitcoin's bottom will be around 58. If the US stock market does not weaken, Bitcoin's bottom will be around 65.

#BTC #ETH Analysis of some data: Figure 1: Increased open interest and long/short ratio indicate that long positions in the contract market have largely been filled during the consolidation phase. Figure 2: Spot leveraged long positions have recovered to the highs of the recent consolidation phase, indicating that spot leveraged long positions have also largely been filled. Figure 3: Spot leveraged long positions on BigB.com took profits on over 2000 Bitcoins above 93 and have now largely bought back below 90,000. Therefore, based on the current data in the contract and spot leveraged markets, the bullish momentum in the consolidation phase is in place. If the market continues to consolidate, the bottom of the consolidation phase has been confirmed in the next few days, and a rebound is expected soon. Otherwise, a break below the support level is likely, leading to a short squeeze.

#BTC #ETH Many people are mocking Brother Machi for losing money lately, but the truth is that those mocking him are mostly people who don't trade; they're just there for attention and to watch the drama unfold. You can compare the profit and loss trends in Brother Machi's account. His trading system works like this: using small amounts of capital to only trade trend-following long positions. He's essentially betting that he'll eventually catch a big trend. This approach requires two things: first, you must use only a small portion of your own money for each trade, adding to your position after making a profit; second, you need a continuous flow of funds outside the trading platform to test the waters. Brother Machi promotes worthless cryptocurrencies outside the trading platform to harvest followers, then uses the money harvested from them to continuously roll over long positions in Ethereum. But many people don't have this ability to endlessly replenish their funds outside the trading platform.

#river Damn, the manipulators behind River are absolutely insane. No one with a normal mindset could pull off this kind of manipulation. The real power behind River is Binance. Even Bitget has listed it on the spot market, but River's own coin isn't; it's still only available in futures. They use the pitiful liquidity from alpha to achieve their market control goals. I've been shorting River for a week straight. The most disgusting thing about this coin isn't how much it rises—because the more it rises, the more it pulls back—so short positions can still be profitable through position sizing. The most disgusting thing is that after each major pullback, while other altcoins are completely wiped out, River bounces back to its starting point, and this has happened four times in a row, each time breaking new highs. That's extremely abnormal.

$MEME Akodu! O FOGUETE Nó TEM RÉ? Oh ha esse gráfico, pessoal! $MEME solved how to make a veio e entregou um rali de +31% enquanto muitos ainda estavam dormindo. O que estamos vendo agora: Força Compradora: Rompeu as Media Mobile (MA) com volume and test local topology. RSI Saudável: Mesmo com essa subida, or RSI ainda está em zona de sobrecompra extrema, o que dá margem para aquele “gás” extra. Emotion: The Memecoins market is passionate, $MEME is a vibrant place. Ignoring everything, I thought it would be "a big one," but I didn't understand. I don't know what support I could have given you. Specifically: Is it possible for a "leg" or "leg" to appear before the explosion? You can light a candle within 1 second and 15 meters to maintain the volume. If support is only 0.001300, it's not the limit! And what? What is this? #MEME #crypto #BullRun #Altcoins #trading {Spot}(MEMEUSDT)

#Silver Looking at the comments section on Tonghuashun (a Chinese investment platform), it seems that players who traded silver futures this year with a bearish mindset and no money management system have really ruined their lives. Those of us in the crypto world who trade Bitcoin and Ethereum still expected a surge, but these silver traders really didn't expect silver to rise to what it is now—a historic super short squeeze.

#BTC #ETH Analyzing the current market: Figure 1: The open interest signal is quite confusing. Between 913 and 90, there was a wave of speculative trading involving shorting and long positions. This speculative trading has now exited, and the long/short ratio is now close to a level where short positions can be closed, allowing for a potential long position within the consolidation range. Figure 2: This is the long/short ratio data for spot leverage. Spot leveraged traders closed out their leveraged positions added at 88-89 around 94, and have now added them back in. Figures 3 & 4: This is a monitoring indicator for Bitcoin inflows into exchanges. This indicator was unusually high on the 10th and 11th, showing a concentrated inflow of Bitcoin. Enter the exchange; Currently, the various indicators at this position are not strongly correlated. The signals in the futures market are biased towards buying, the spot leveraged market is starting to lean towards buying, the on-chain market is biased towards selling, and the BigB premium indicator is neutral: the negative premium is starting to shrink and is almost nonexistent. Therefore, opening long or short positions at this price is somewhat awkward. If you hold short positions in a range-bound market, taking profits at this point is fine. However, aggressive traders can open long positions now, but the leverage should not be too high. Be prepared for stop-loss orders or adding to positions if the price breaks below this level on Monday. If you prefer a conservative approach, wait until the BigB premium starts to turn positive before considering entering the market.

#river Exchanges are such bastards these days, constantly raising funding rates for altcoins to once an hour. Even shorting with a bit of strategy, the profits aren't enough to cover the funding fees. Previously, this ridiculous hourly rate wouldn't be triggered; the fastest it would be was once every four hours. After a few full-scale charges, the price would quickly crash. Now, the hourly rate is designed to prolong the battle between bulls and bears, allowing exchanges to profit even more.

#ETH This is another classic scenario: price surge, open interest skyrocketing, and long/short ratio declining. If you're trading in a range-bound market, this is a good opportunity to short. If you're looking for a trend breakout, then do the opposite.

#LIGHT OKX and Bybit are pathetic; they actually listed coins on Binance Alpha, a gambling den, abandoning all integrity for a few transaction fees. This shows that Binance now wields enough power to directly force changes to the current listing rules. If OKX and Bybit don't follow suit, they might end up not even getting a share of the small-coin trading fees.