Good evening everyone, this is Haige's Bitcoin Wealth Channel. Although the internal live broadcast has been ongoing, it has been over a year since I updated my written views with everyone. Since being censored on Weibo, I stopped publishing written content. Thinking back to 2020 when Bitcoin was at 8,000, Haige began to enter the coin circle, and now Bitcoin has continued to surge past 60,000. Along the way, I have seen too much success, and the coin circle is indeed a wealth-generating machine. However, there are also those who risk everything to gamble on a fleeting opportunity. It is true that the coin circle can generate wealth, but not everyone can do so. In this halving market, Haige will once again strive for new heights. Even though Haige is not as capable of staying up late as before, as Mr. Dongpo said, "I'll just go with the flow in my lifetime!" Just work hard!
Returning to the current market, Haige's personal view is that in this halving market, the bottom for Bitcoin will likely reach over 300,000. After seeing this, can you tell that 60,000 is not the peak? So when you don't understand the market, it's worth taking a step back to see. Once your perspective reaches a certain height, you won't feel lost in the fog. Of course, it's not easy to take advantage of the opportunity to reach the peak at the moment. In the coin circle, actions like the blatant harvesting from March 1st to May 19th will likely happen again. A pullback from 100,000 points in this bull market may not be an exaggeration. While Haige provides advice, I will also emphasize the risks I can see in advance. Those who know Haige's coin friends know that I have been persistently expressing this point.
Looking at the weekly market, many people may notice that the overall strength of Bitcoin's surge has weakened and there are signs of a certain decline. Therefore, Haige believes that if Bitcoin cannot sustain a breakthrough above 74,000 this week, there will definitely be a release of downward pressure. On the daily chart, Bitcoin shows a very obvious bullish flag pattern, and after the bullish flag, there is a high probability of breaking through the previous high on the left side. So, it is clear that whether Bitcoin can successfully surge above 74,000 this week is crucial.
In the short term, there will be significant pressure to surge between 71,500-72,000. It is feasible to chase the surge at the current price, but Haige also suggests waiting for a pullback to 67,000-68,200 before entering the surge position. Additionally, after being impacted by the prosperity of the Solana chain, Ethereum has started to show signs of weakness. It no longer has its own independent market. In other words, Ethereum currently has a certain taste of imitation, so it's best to focus on buying similar assets to Bitcoin. Pay attention to the surge position around 34,800. Alright, that's all for today. Thank you to all the readers for your support. Giving Haige a lot of likes is the greatest support!
The market is here, and Haige is here! A noble person hides their abilities and bides their time. When the world follows the Dao, I will be seen; when the world loses the Dao, I will hide!
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[The above content is exclusively created by (Zonghengbihai). It involves short-term research on BTC, ETH, DOT, XRP, EOS, etc., self-created moving average tactics, unique KDJ, CCI hourly analysis and interpretation, solid theoretical foundation and practical experience, adept at combining technical and fundamental analysis, emphasizing capital management and risk control, and a steady and decisive operating style. The analysis and strategies are for reference only. Please bear the risks on your own. Investment is risky, so be cautious when entering the market. Specific operations are subject to Haige's real-time strategies. Meeting is fate, and Haige is a believer in fate!]
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