Coin Hunter: 10.13 Yin and Yang Alternation, the Feasibility of Bitcoin's Monday Opening Plunge

CN
2 days ago

Let's get straight to the point.

From the perspective of 61,700 short positions, let's first look at the current market situation.

On Friday night, the price broke through 61,700 and began to rise slowly. Retail traders holding short positions were clinging to a glimmer of hope. At the same time, the hourly chart continued to show upward spikes, reinforcing expectations of a decline, further enhancing the hope of retail traders stuck in their short positions. Until the market slowly rose to 62,500, at which point it had already exceeded the expected stop-loss point (500 points). Additionally, 62,500 was the resistance point from last week's market range. Retail traders found themselves in a passive position, and stopping losses at the resistance level was not justified; they could only wait for the pressure to be effective and for the market to enter a phase of decline to stop losses.

During the early morning phase, the market accelerated from 62,500, breaking through the previous high spike point of 63,200. The position of the previous high spike was broken, and in terms of volatility, the range from 61,700 to 63,200 was already 1,500 points. For retail traders, who are small in size and prone to gambling, those fully invested had already been wiped out, and those who averaged down at 62,500 were also close to being wiped out. The remaining retail traders were those who were determined to hold on even at the risk of liquidation.

A few scattered retail traders survived the terrifying Black Friday, and on Saturday morning, the first thing they did was check if their short positions had been relieved. The more they looked, the more afraid they became. They originally thought the resistance at 63,200 was a false break and that the market would decline. However, although the market spiked down from 63,400, it retraced to 62,500 and began to repeatedly push upwards, causing the resistance at 63,200 to be riddled with holes. Frequent upward spikes followed by a strong surge to 63,488 made it seem like a one-sided rise was imminent. The retail traders stuck in their short positions immediately lost their composure and rushed to the market for help. After looking around, they found that all analysts were bullish, and every community was shouting "bull market." At this point, they could no longer hold on and had to cut their losses and exit.

At this stage, the short positions that could be liquidated were liquidated, those that couldn't stop-loss were forced to cut losses, and the market entered a new round.

Combining the overall market with the upward spike to 59,000 and the subsequent rebound, the price returned to 60,000, stabilized above 60,000, and began to rise slowly. The trend completely reversed to an upward trajectory. On Friday night, it broke through the two key resistance levels of 61,700 and 62,500. Over the weekend, it retraced to 62,500 and continued to rise, repeatedly breaking through the resistance at 63,200. This situation indicates a strong upward trend, and the market is broadly bullish. Various experts and analysts are calling for 66,000, 68,000, and even 70,000. Is the only option left in this new round to wait for a retracement to go long?

Look at you all, a bunch of foolish teachers leading a group of naive retail traders. You all go long; I took a short position at 63,200 on Saturday. You can check the article by the Hunter on Saturday titled "10.12 Bitcoin One-Sided Surge? Turning Losses into Art." I took the short position at 63,200; did this short position give an opportunity to enter? This position is riddled with holes, and the retail traders are too scared to enter. Only those who understand the Hunter's thinking can get in. I set my stop-loss at 63,500, a total of 300 points. You all can share the profits from your long positions, but how much can each person get? Tomorrow, I congratulate you on your long positions making a big profit of 50 cents.

Now, let's assume that the market maker is eyeing my stop-loss at 63,500, wanting to break me and pull in retail traders and analysis masters to take me out. Wouldn't the market then be around 64,000? What is 64,000? An excellent top position, where retail long positions take profits and reverse to short, trading masters take profits and reverse to short, and trend shorts flood in, with wave theory shorts entering the market.

Main force, what will you do? Everyone is making money, and I'm just down 300 points. I'm doing a good deed like Lei Feng, letting everyone make money. I've already paid 300 points; I have no money left. Come out and settle the remaining bills. Let me shout for you; the entire venue's consumption will be covered by the market maker.

Want to default? Fine, then you can continue to pull from the 64,000 line. With so many short positions, if you don't pull to 66,000 or 68,000, how can you convince everyone in the market to run?

Pull it to 68,000, pull it to 70,000, and wipe out all the retail short positions, the analysis masters' short positions, the trend shorts, and the wave shorts.

Okay, I’ll give you that; they’ve all been wiped out, and you can relax. Then suddenly realize, damn it, above 65,000, the spot has been relieved. Aren't these people the ones I spent a lot of effort and money to trap? So, to blow up the Hunter's 300-point stop-loss, I ended up spending more money to rescue those who were liquidated?

Looking at the time, the Federal Reserve is about to cut interest rates in November, which is a huge benefit, and the market is in a bullish atmosphere. These spot traders have welded their car doors shut.

Who am I? Where am I? What am I doing?

Looking back at the current market price, it has retraced to 62,500 to confirm support, with multiple short-term rebounds. The opportunity to go long on the retracement has arrived. Retail traders have entered the market, and analysis masters have entered the market. Come on, market maker, start your performance. If you have the guts, start pulling the price up, push it above 63,500 to make me stop-loss, and then give me some pressure. I bet you don’t have bullets in your gun. I bet this surge is a desperate bluff. I’m ready to call it; show me your bottom card on Monday.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink