LinTingOnCryptocurrency

Bitcoin, the four-hour timeframe continues to break upward with bullish momentum
Currently, there are no potential reversal signals or structures
Trend long positions take profit at 82,000, capturing over 6,000 points of space
Looking ahead, the potential target zone for the bulls:
Short-term 84K-86K, 88-90K
Temporarily exclude the short-selling button (except for ultra-short-term traders on the minute level)
Wait until a bearish pattern emerges before starting to short

Took a few days off and didn't update much. The 80,000 mentioned earlier has been reached, with long positions floating profit of over 4,000 points. Whether or not you have the strength, friends, everyone can see it clearly.

In April, the run ended—like licking blood off the blade, 15wu was cut from the dog pack. It’s so-so; overall, it’s about following the big trend, not trying to outsmart things with petty tricks. Then next month, we’ll negotiate about the script money, and continue testing upward from 80,000 to 84,000. Don’t listen to all the outside screaming and wailing. As long as Bitcoin’s weekly close is welded above 75,400, that’s telling the whole market that the medium-term support is effective—the bulls haven’t left yet. On the structure, it’s clear at a glance: the lows are being shifted upward step

Seeing “eating meat” (taking profit), BTC is basically as expected. The short position has once again taken in another 1,000 points; after the break of the line, the highs are also falling. The scythe is coming—continue to focus on high-altitude shorts as the main direction.

Short position, hit the take profit at 76,000, capturing 1,400 points.

Update on Bitcoin analysis:
First, Bitcoin's short-term decline is quite consistent with my previous prediction, but the retracement at the fifth high point before the drop was slightly off; I predicted it would touch 80,000, but the high only reached around 79,500, so there was a small error.
Originally, I predicted the end of a wedge pattern, but since the high point was slightly off, the pattern evolved into a double top. Both patterns are bearish, with a small point difference, but the outcome is the same: the price has fallen nearly 4,000 points in the short term. If you missed this decli

Don't be stubborn; go with the trend. Careful friends mainly followed my approach and entered short positions, and now they've already made a profit. Currently, there's no broader pattern; shorted at 76,800 down to 75,600, a 1,200-point move.

Bitcoin has sharply declined by 3,000 points in the past 24 hours, after four consecutive weeks of oscillation and rebound. Currently, bullish sentiment is waning, trading volume is insufficient, upward momentum is weak, and the weekly chart shows a narrowing volume increase, with volume and price diverging. The daily chart has formed a bearish engulfing pattern, indicating a clear bearish signal.
The 6-hour upward trendline has been effectively broken. Currently, after a rebound test of the breakout resistance, the bearish structure is established. There have been multiple false breakouts at

The current price mentioned above is 77,700. I’ve held it for a few days and already closed the position after taking 1,300 points. Going forward, the market will most likely push up to 83–85k, because the whole network’s shorts have their stop-losses set at that level. After it hits there, it will drop straight down, shaking out all the long positions from the ride—only then can an epic-level rally begin. Wishing everyone good luck in the new week.

There's not much to analyze about BTC; in the short term, it still needs to test the 80,000 level, so just wait until it goes above 80,000 and then short with a ten-thousand-fold leverage. It's just missing a high point wedge to complete. Currently, it can't fall because there are too many short sellers, with the contract funding rate and market depth being negative, indicating a crowded bearish market. A large number of retail investors are eager to short, a typical sign of a short squeeze coming.

The 77k long-entry strategy mentioned above was precisely executed, capturing over a thousand points of profit.
At this stage, I think this level is still a bit strong on the daily chart; the oscillation center of gravity keeps moving upward and hasn't accelerated yet.
It's estimated that a pullback will only occur at 83-84k, so there's still room to buy low!

Bitcoin encounters minor resistance and pulls back, but I am not shorting now
Bitcoin encounters minor resistance and pulls back, but I cannot chase short now! Many people see the price stagnating and their first reaction is to top-tick and short. My current view is very clear: do not short now.
Currently, the larger-scale structure remains a bullish trend. The pullback at minor support levels is a normal correction, not a reversal signal. In a bullish trend, shorting is like fighting against the market—winning yields small profits, losing can lead to big losses.
The 4-hour structure is still

Bitcoin encounters minor resistance and pulls back, but I am not shorting now
Bitcoin encounters minor resistance and pulls back, but I cannot chase short now! Many people see the price stalling and their first reaction is to top-tick and short. My current view is very clear: do not short now.
Currently, the larger-scale structure remains an uptrend, and the pullback at minor support levels is a normal correction, not a reversal signal. Shorting in an uptrend is like fighting against the market; winning yields small profits, losing results in big losses.
The 4-hour structure is still in an upw

Yesterday, during the entire night of the US market session, it surged directly to the 79,500 level, approaching the 80k mark, while also publicly indicating a bullish signal at 79,500. The actual trading range reached over 77,800, hitting 79,300, leaving a 1,500-point space, and the trend is fully under control!
From a technical perspective, the three-day EMA52 is a strong resistance, corresponding to the price level that has been repeatedly emphasized at the 80,000 threshold. Currently, MACD shows no bottom divergence signal, and the subsequent movement will inevitably follow a rebound-downw

The recent acceleration in BTC within the day has liquidated all the chips near the new high. This move may also be driven by a short squeeze after a burst of short positions, as most short traders set their stop-loss levels near the previous high. Now that it has broken through directly, it has triggered a short squeeze market. Next, we need to watch the upper boundary around 79,500.

Continuing from the previous post, yesterday’s short-position strategy at 76,500 was closed at the 75,000 mark in the early morning. Still, you can’t afford to have too narrow a mindset. Recently, the Nasdaq has continued to rise, completely ignoring the saber-rattling from the US and Iran. This shows that Wall Street’s outlook on the next developments between the US and Iran is optimistic. They know their president too well.

The short-term rebound trend is basically exactly as I predicted. The small-level high point just barely reached above 76,500, and the entry point I planned was right here, so I perfectly caught the short position, handling it very confidently. Currently, the unrealized profit is over 1,000 points.

Seeing the meat! The right-shoulder high point of the BTC 4H head-and-shoulders pattern is basically confirmed. The news flow is very likely to be hard to negotiate, so keep an eye on the neckline at 7.35w—once it breaks below, it’s straight out with the flood. Shorts, just sit tight and wait for takeoff!

The opportunity for partners who haven't started shorting yet is coming soon. Starting to reverse and bring you in to short the market, because Bitcoin has formed a head and shoulders bottom pattern on a small timeframe. However, since it's a small timeframe, the strength won't be too strong, and there might be a false breakout.
You can watch the neckline around 76,500, which is also the Fibonacci retracement level 0.618 resistance. If there's a stronger move, it would be around 77,300. So, those who haven't entered a short position can consider shorting within this range.