My friend who shorted at this level three times with me is having a good meal! 😃 Tongjun BTC 9.11 Four-Hour Quick Review - Bearish Signal Reconfirmed Trading Recommendations Continue shorting on rallies around 112k, with a stop-loss above 113k. For those who already hold short positions, hold them, targeting 110.5k and 108.5k. If the market unexpectedly breaks through and stabilizes at 112k, consider a reverse move. Market Analysis The 112k resistance level has re-emerged, with repeated attempts to break through. The MACD shows fading bullish momentum, with bears gradually gaining the upper hand. Poor volume support suggests a weak upward move. News Brief ETF funds have not seen significant inflows, and expectations of a Fed rate cut have fluctuated. Everyone is generally awaiting the FOMC meeting on the 19th. Before then, the market is unlikely to see clear positive news, and will likely experience repeated volatility. In short: The 112k level remains a tough sell, and bearish signals persist. Ahead of the interest rate meeting on the 19th, we should maintain a strong sell-on-high strategy.

Tongjun ETH 9.11 Hourly Quick Review - 4300 Key Support Trading Recommendations Hold the 4300-4320 support level and go long with a small position, targeting 4350-4380. If it breaks below the trend line, look towards 4250 and 4200, with a stop-loss below support. News The market expects the Fed's rate cut to bring liquidity, and ETH will benefit as well. Standardized Scoreboard raised its year-end target to $7,500, and institutional funds remain focused. However, short-term ETF inflows are unstable, and volatility is high. Technical Analysis A short-term rising trend line has formed near 4300. A break above 4540 could lead to a move to 4800-5000. MACD and RSI are neutral, with no strong buy or sell signals at this time. In short, ETH will likely hold steady at 4,300 in the short term. The medium-term outlook remains bullish, but positions should be kept small and stop-loss orders are in place. #ETH

I looked at Ethereum, it's very strong. Look at my line, it's more than enough to be in place.

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Continue to wait for an effective breakthrough to provide direction.

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#TongJunBTC 4-Hour Quick Review September 9th - Shorting at 112k Remains Proven Successful 🏦Trading Advice Continue shorting on rallies around 112k, with a stop-loss above 113k. 🔘For those already holding short positions, lock in some profits, while targeting 110.5k and 108.5k. If the price breaks through and stabilizes at 112k, consider switching to a long position. 💵Market Overview Bitcoin's recent attempt to break through 112k has encountered strong resistance, a trend that has proven successful. My short position has already been cashed in, and the trend confirms the effectiveness of the resistance level. 🔧Technical Analysis 🚀Resistance Level: 112k. After repeated failures to break through, the market has formed a consensus. 🚀Support Level: The rising trend line is currently around 110.5k. If it breaks below, potential upside opens up. 🚀Indicators: RSI is neutral and oscillating, MACD momentum is fading, and short-term bears are gradually gaining the upper hand. 💬News Brief ETF fund flows remain weak, and institutional investors are cautious. Expectations of a Fed rate cut have fluctuated, but market sentiment has not substantially improved. Overall, the funding environment remains unfavorable to bulls. 📝Summary The 112k barrier is impenetrable, and short positions have repeatedly cashed in profits. Maintain a short-term strategy until the market truly breaks through. @OwlX_ai #Ctalks #NewsDigest #Crypto #Web3 #Trending

Tongjun BTC 9.8 Four-Hour Quick Review — Strong resistance at 112k, forming a converging triangle 🔥Market Sentiment The price has been grinding higher, but 112k is like an iron gate, repeatedly pushed back. The price is now stuck between "rising trendline support" and "strong resistance at 112k." The triangle is closing, and a new direction is imminent. 💬News Brief The Fed is still wrangling over whether to cut interest rates, and market sentiment is wavering. 🔘ETF funds are fluctuating in and out, with no real influx of large funds. 🔘US stocks are somewhat weak, but gold has stabilized, indicating low risk sentiment. 🔧Technical Analysis -Support: 110.5k–111k, protected by the rising trendline. -Resistance: 112k, a major short-term target. -RSI: Neutral to Strong, MACD: Lacks Momentum. ‼ ️Trading Recommendations‼ ️ Short decisively around 112k, with a stop-loss above 113k, and targets at 110.5k and 108.5k. If it truly breaks through and holds at 112k, then consider going long with the trend. Don't be too aggressive with a light position in the short term; wait for a breakout to indicate direction. 📝Summary The news is weak, and 112k is a major headwind; go short on highs first, and wait for a breakout. @OwlX_ai #BTC #Ctalks #NewsDigest #Crypto #Web3 #Trending

#TongjunBTC Daily Quick Review September 6th - Strong resistance at 112k, short on rallies Market Overview Bitcoin has rebounded continuously to the 111k-112k range, but has encountered historically strong resistance, with weak buying and repeated rallies and declines. On the liquidity side, large-scale buying is insufficient, ETF inflows are weak, and the overall market remains cautious. Technical Analysis 112k resistance level: Multiple verifications have shown strong short-term resistance. 110k-109.5k support zone: If broken, a correction could accelerate, potentially targeting 108k-107k. The RSI is neutral to weak, indicating insufficient momentum. The MACD is converging after the rebound, suggesting bears could regain control at any time. Trading Recommendations Buy short positions around 112k with a stop-loss at 113k. The first target is 110k, with further targets at 108k-107k. For short-term trading, maintain a small position and set a strict stop-loss. In short, the 112k level is a strong resistance level, so sell decisively on rallies. Look for 110k and 108k below. @OwlX_ai #Ctalks #NewsDigest #Crypto #Web3 #Trending