Master Chen 2.25: The big pie has fallen below the bottom line, market panic has erupted, let's talk about my views.

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师爷陈
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5 hours ago

Master Discusses Hot Topics:

First, let's talk about Trump, who directly imposed tariffs on Canada and Mexico, and Okx paid a fine of 500 million. This operation made the market experience a month's worth of movement in just one hour. Yesterday's bottom became today's top, and the fear index has soared to 25, with the market completely entering panic mode.

If this low-volume consolidation continues during the day, there may be another sharp drop at any moment. The market manipulators want to wipe out the bulls completely. Once the small investors are all on board, a big bearish candle will come, treating you like leeks to be harvested! This market is a path of despair that must be traversed, and the bottom must also experience a wave of revival from the ashes.

After the sharp drop from last night to today, everyone can't help but wonder what it means if this is indeed a bear market. The downside is that most people have been trapped this year, as they still hold onto the hope of a four-year cycle, believing that a bull market will return.

But what are the benefits? If it is indeed a bear market, it might mean that Bitcoin is no longer constrained by cycles and begins to enter an eternal bull market. Just like the U.S. stock market, a long bull! So, 2025 may not necessarily be a bear market; it could instead be a turning point. Without the constraints of cycles, a bull market could return at any time in the future.

That said, I personally do not believe that the cryptocurrency market will perish, as the interests of the manipulators are involved. Think about it, where else can you harvest leeks as quickly as in the crypto market? This game must keep spinning, harvesting continuously 24/7, so the bull market will eventually return. Whether you believe it or not, the leek harvesting machine in the crypto market will never stop.

As for Bitcoin's trend, the levels between 8.9k and 90k have been broken after multiple sharp drops, but that doesn't mean it will fall far. After breaking the level, it may instead become the bottom, and Bitcoin's "floor price" may emerge.

The last bottom from Ethereum's sharp drop to 2100 can basically be considered the bottom and will not be broken again; it is just a process of retesting. Additionally, many fans are paying attention to SOL, which has a weekly top divergence and is indeed the weakest.

However, I personally believe that this wave will not drop below 110-120, so the trend in the next week or two will be crucial. The market may find a bottom soon; as long as it doesn't break, it can stand up.

Finally, I must remind friends involved in contracts that cryptocurrency-based contracts are not very suitable to trade right now. If the market continues to decline and does not make new highs, even if you make a lot by shorting with cryptocurrency, you may not be able to maintain profits.

For example, in a bear market, Bitcoin often drops more than 66%. Assuming its peak was 110k and it drops back to 44k, even if you are correct every time you short and earn more coins, the price keeps falling, and ultimately your profits will shrink. Be cautious in your operations; don't wait for the axe to fall; prepare yourself first!

Master Looks at Trends:

Resistance Level Reference:

First Resistance Level: 93500

Second Resistance Level: 92700

Support Level Reference:

First Support Level: 91300

Second Support Level: 90500

Today's Suggestions:

The market is still in a state of weakening sentiment, so the bearish view can be maintained during the day while paying attention to the formation area of the bottom support. If the first resistance is broken and the upper range is surpassed, and the price stays between 92.7K and 93.5K after the breakout, there may be a consolidation before a short-term rebound.

Currently, the market is in the range of 91.3K to 92.7K. If Bitcoin consolidates between the first resistance and support, be aware of the potential for an N-shaped downward fluctuation, and guard against further declines.

If it breaks below the first support (i.e., the low point at yesterday's close), it may drop to the 89K area. Therefore, the first support must be maintained in the short term; otherwise, there will be no rebound. If it breaks below 91.3K, it may open up downward space to 90K, and the bearish view remains.

2.25 Master’s Wave Strategy:

Long Entry Reference: Light position in the range of 89500-90500, Target: 91300-92700

Short Entry Reference: Light position in the range of 93500-94500, Target: 92700-91300

This article is exclusively planned and published by Master Chen (WeChat 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!

Warm reminder: This article is only written by Master Chen on the official account (as shown above). Other advertisements at the end of the article and in the comments are unrelated to the author!! Please be cautious in distinguishing authenticity. Thank you for reading.

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