Master Discusses Hot Topics:

Last night's market was truly speechless; after a night's sleep, the Americans had already picked up a bunch of low-priced chips. Previously, they were smashing the market every early morning, and now, after smashing it, they just pulled it up directly, leaving short-term players as mere playthings.

With Trump dropping a tariff bomb, he also extended it for another 30 days. Recently, the news has indeed dominated everything; here, technical analysis is practically useless. After the V-shaped recovery, over a million positions evaporated, yet the price hardly changed, leading to a double explosion of longs and shorts, precisely harvesting profits.

Many friends are still panicking because of the death cross on the weekly chart of Bitcoin mentioned in the last article. If it were that simple, wouldn't the market have been predicted long ago? The bull market hasn't arrived yet; typically, it lasts about 17 months after the halving, and this round is likely to extend until November this year.

Moreover, the Federal Reserve is expected to cut interest rates at least twice more this year, making it difficult for the bull market to end. The key turning point will likely occur after the second rate cut, at which point a bull-bear transition is probable. But before that, the market will closely follow Trump's policy rhythm.

As everyone knows, the market is currently in a rate cut standstill period, combined with the uncertainty of Trump's new policies, making the market extremely chaotic with significant volatility. Take Ethereum, for example; it dropped 1000 points within 24 hours and then pulled back 800 points, with the market makers ready to harvest at any moment. If you are still holding positions without taking profits or setting stop losses in such a market, I truly admire you.

Speaking of spot trading, for Bitcoin, key support levels below 90k at 91350, 87777, and 82300 can be bought in batches, taking 12,000 to 17,000 points each time for a steady exit; don't be greedy.

Having discussed Bitcoin, let's talk about Trump. His style is still unfamiliar to many? It's typical of him to slap you today and give you a candy tomorrow. He speaks freely, releasing news as he thinks of it, but actual implementation still requires going through Congress. This rhythm of suppression and uplift will only lead to extreme market volatility.

Additionally, those who shout that the altcoin season is here every day can be ignored, as they are either trying to gain traffic at your expense or are simply foolish. Watching them shout every day, rushing in to buy a bunch of altcoins, only to enjoy the pleasure of a tenfold drop, is truly deadly. So don't be led by the rhythm; the market is this realistic, and only the weak will be harvested.

Master Looks at Trends:

Resistance Levels Reference:

First Resistance Level: 103000

Second Resistance Level: 101800

Support Levels Reference:

First Support Level: 100200

Second Support Level: 99000

Today's Suggestions:

Bitcoin has formed a V-shaped rebound after recovering from its drop, and yesterday's downward trend line has been broken by a large bullish candle, which can be seen as a trend reversal. Therefore, a bullish perspective can be adopted in the short term.

From a technical analysis standpoint, due to the significant rebound in Bitcoin's price, attention should be paid to whether the short-term low points in the adjustment range are rising, which will help determine if the rebound trend continues. The first resistance level and the 120-day moving average currently form a resistance zone; we should monitor whether the short-term low points can rise. If they stabilize, there is hope for a continued upward breakthrough.

Since a significant rebound has already occurred, the probability of a short-term adjustment is relatively high. Therefore, close attention should be paid to the adjustment trend. If the candlestick forms a small bullish candle with a lower shadow, it can be seen as a pullback for accumulation. If a large bearish candle appears, a change in strategy is needed, responding from a short-term bearish perspective.

If the first support level coincides with the short-term upward trend line and 100K is successfully defended, further rebound expectations can still be maintained. If a larger adjustment occurs, 99K is expected to be the extreme adjustment area, and we should sequentially monitor the support situation of the 60-day and 20-day moving averages. The 98.6K-100K range can be seen as a relatively optimal entry area for ultra-short positions.

2.4 Master’s Wave Strategy:

Long Entry Reference: Light positions in the 98500-99000 range, Target: 101800-103000

Short Entry Reference: Not currently applicable

This article is exclusively planned and published by Master Chen (public account: Coin God Master Chen). For more real-time investment strategies, solutions, spot trading, short, medium, and long-term contract trading techniques, operational skills, and knowledge about candlesticks, you can join Master Chen for learning and communication. A free experience group for fans has been opened, along with community live broadcasts and other quality experience projects!

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