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7.3 Early Morning BTC Analysis
Yesterday, BTC stopped falling at 1050, forming a small bottom at this level on the hourly chart. The 4-hour chart has recorded five consecutive bullish candles. 🐶 The market makers are slowly pulling up to bait shorts and squeeze them. Those in short positions without stop losses will either get liquidated or be trapped. The more this situation arises, the more one must manage their positions well. Professionals do professional things, and if you need help, I happen to be a professional!
The current price has broken through 1095, and there is a large amount of short liquidity at the 110,000 level above. Since the🐶 market maker has already taken this step, it will inevitably continue to move upwards. At this point, we can't be too stubborn; we should lightly chase long positions and take short-term longs to get a bite!
Buy directly near the support level of 1090 for Bitcoin, targeting 110000-111000.
(Note: If the closing line in the last 4 hours of the night is below 1095, exit decisively)
Buy on the pullback near the 2520 line, looking up at 2590-2630.
(Close decisively below 2545 at the 4-hour close)
Yesterday, BTC stopped falling at 1050, forming a small bottom at this level on the hourly chart. The 4-hour chart has recorded five consecutive bullish candles, with the market maker slowly pumping and creating a bear trap. Those bearish traders who do not set stop losses are either getting liquidated or trapped. The more this situation persists, the more one must focus on position management. Professionals do professional things, and if you need assistance, I'm just the right person!
Currently, the price has broken through 1095, and there is significant liquidity from short positions around the 110,000 level above. Since the market maker has already made moves here, it will undoubtedly continue to rise. At this point, one cannot be stubborn; take a light position and chase rising prices to grab a short-term profit!
For BTC, if it retraces to around the 1090 level, go long directly, aiming for 110,000 - 111,000.
(Note: If the 4-hour closing line is below 1095 in the later hours, exit decisively.)
For ETH, if it retraces to around the 2520 level, go long, aiming for 2590 - 2630.
(Exit decisively if the 4-hour closing line is below 2545.)