
Pai X|Apr 29, 2025 10:25
BTC update
🟡 Bitcoin is still constrained by the neck line range suppression, and in recent days, both long and short sides have engaged in intense games within the neck line range, even at the 15 minute level, forming a repeated trend of A kills and V reversals. After multiple rounds of games, the two sides have been unable to determine the winner ⚔️
🔴 But precisely because of this, both sides have exhausted their strength, and after multiple games, they cannot determine the price trend after winning or losing. They have begun to gradually reduce their volume, forming a triangular convergence trend, and both sides will usher in their last attempt to accumulate strength and gain a share.
🔵 There is currently no clear resonance characteristic in the long short direction, and further narrowing of the game is needed before making a clear judgment. If there is a clear judgment, I will update again. If there is no one, I will execute the strategy on the right.
At the same time, in the short term, I will consider implementing an iceberg trading strategy if the coin price falls near the lower edge of the triangle, and then pay attention to whether it can successfully break through.
🟢 The trading difficulty of this position must be high, which is also the reason why I cleared my position in this area. I have not participated in any trading here in the future. I am waiting and paying attention to the game situation and macro changes, and trying to maintain the most objective and clear thinking from the market in order to bring the best sharing to everyone.
END.
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