After several days, Old Chen looked at the market data for the first time. From the current market data, BTC has strongly broken upwards since stabilizing around 107000 at the beginning of the month, reaching a new high of 123300 before falling back into a tug-of-war phase. ETH, on the other hand, has risen from around 2400 to a high of 3674 before pulling back, showing strong supplementary rise sentiment.
#特朗普施压鲍威尔#
From the daily candlestick perspective, BTC has broken out of the wide range oscillation pattern, showing a strong upward trend in the face of directional choices, accompanied by

The morning short position on Silk Road once again precisely targeted and reached near the first direct store point, temporarily breaking through the previous low. #GT 2025第二季度销毁#
The downtrend is undoubtedly evident from the chart. For the subsequent take-profit levels, the strategy continues to look around 107000.
Several issues need to be noted, which have also been reminded multiple times:
1. The rationale for the rebound after breaking the previous low! After the rebound, continue to short as long as the key support level is not broken. It will still move within a range until it breaks ou

Good morning everyone! A new day brings a new beginning. Yesterday's market was okay, and the profits and losses have become a thing of the past. In the early hours, the market data unexpectedly continued to dip. After BTC broke through 108000, it fell to around 107500 and rebounded. Subsequently, it has remained around 108000 for a sideways adjustment. ETH simultaneously dipped to a low of around 2505 before rebounding and is currently adjusting sideways around 2530.
#MichaelSaylor暗示增持BTC#
From the overall market data perspective, once the bears took the lead, they began to continuously test

The intraday market has ended. After BTC touched the 108200 line early Monday morning, it rebounded to above 109500 before quickly retreating. Overall, it showed a 'volatile upward structure' in the morning, and in the afternoon, after probing above 109000, the market data moved downward, continuously testing the support around the 108000 line. Although it was pierced, it did not strongly continue. In the following period, there was a rebound, but the rebound was not significant. Currently, BTC is maintaining a volatile adjustment around 108000. ETH has basically been moving in sync with BTC t

The intra-day short order layout has once again accurately taken profit and exited. Currently, the converging structure has emerged, with the short-term 108000 level showing a clear support effect. However, the four-hour technical indicators still maintain a downward trend, and if it cannot break through the 108000 level, the short-term will remain in a fluctuating pattern, thereby testing the key points up and down again. The subsequent short-term layout for BTC continues to follow a high short strategy, maintaining a focus on the support situation at the 108000 level. If it breaks down, look

The intraday short order strategy continues to take profits. Although yesterday's short order was slightly trapped by a few hundred points, Lao Chen still holds on steadily without blindly taking the opposite position or setting a stop loss. Through flexible operations, it is gradually approaching the breakeven edge. The analysis of the previous range contraction structure has also reminded everyone that currently, we should focus on the range of 8300-8000 below BTC. If effectively broken, it will first test the key level around 107000. If broken, it will lead to strong continuation, and ETH s

As the afternoon arrives, the market data, after experiencing fluctuations in the morning, has once again fallen into a brief period of sideways adjustment. BTC is currently around 109000, and Ether is fluctuating around 2570.
After maintaining a prolonged wide fluctuation pattern on the daily chart, the last two days have seen two consecutive bullish candles instead of solid bearish candles. At the same time, the bag mouth has improved, changing from the previous three-track parallel and narrowing structure. The upper and middle tracks have turned upwards, with a strong upward trend, but the

Good morning everyone, after the market data rose to around the 109000 line in the early morning, it pulled back down to touch the 108200 line and quickly rebounded, inserting a long wick candle to 109684. Subsequently, it pulled back again and is currently fluctuating above the 109000 line. The short order layout from the early morning has also captured nearly k points of space. ETH rose to a high of 2607 before pulling back, and is currently fluctuating around 2580. Overall, the pullback followed by the rebound is also within expectations.
#非农就业数据来袭#
Overall market data indicates that the ea

Since the early morning of the 5th, BTC dipped near the 107200 line, and over the weekend, the market data陷入长时间的 sideways adjustment. The price of BTC fluctuated around the 108000 line, while ETH simultaneously declined to a low of 2473, and later fluctuated around 2510. On Sunday evening, the market data迎来变动, and due to the constant changes in tax issues, BTC quickly pumped above 109000 before falling back, while ETH simultaneously touched 2569 and then fell back.
#Gate VIP 焕新升级#
Looking at the overall market data, after the small-scale breakout from the range convergence structure, the coin

It's already early morning again, and I can only say that the fluctuation on Saturday was really too small, spending a long time during the day adjusting around the 108000 line. Currently, a small-scale converging point structure is emerging, which also indicates that a significant change in the market data is about to come. #Dr.Han入驻Gate广场#
In fact, the range convergence structure has been discussed many times by Lao Chen. The variables exist and continue after the breakout. From the current market data, the upper level still constitutes a strong resistance range of 108500-109000, while the l

BTC is full of warmth, long positions should not get carried away! Rebound is like walking on thin ice, beware of short positions' counterattack.
#非农就业数据来袭#
The "warm rebound" from the low point of 107,200 in the morning session looks lively, but in reality, it is fragile. It lost momentum as soon as it touched 108,200, perfectly illustrating what "pressure is immense" means. Currently, this market can at most be considered a "dead cat bounce," and we are still a long way from a real strong reversal. Market sentiment is like a startled bird, and the rebound feels more like providing ammunition

Trend point control:
During the recent market fluctuations, the price of Bitcoin dropped from 1085 to 1050, and it was observed that retail investors continued to accumulate positions in the spot market. When the price retraced to around 1070, similar accumulation behavior from retail investors was noted; however, the trading volume did not significantly increase. Based on the current market dynamics, I believe there is a risk of further price declines, and it may be difficult for the price of Bitcoin to stabilize at the 1070 level and directly initiate an upward trend.
#Gate VIP 焕新升级#
It is w

Technical alert: #Dr.Han入驻Gate广场#
The 4-hour chart shows that after a brief touch of the middle Bollinger band, the price encountered strong resistance, with a significant increase in downward trendline pressure dominated by bears. Technical indicators (such as RSI and MACD) are simultaneously issuing bearish signals, and the continuously expanding short (bearish) trading volume is like a sword hanging over, suggesting there is still considerable room for adjustment below. However, it is worth noting that although the price is accelerating downwards, the Bollinger bands have not effectively co

As we come to Friday during the day, Thursday was also bullish all the way. BTC has entered a consolidation phase after moving down to the 110500 level, and Ether is also entering a consolidation phase.
#非农就业数据来袭# #Gate Alpha交易分享#
The daily chart has formed a triple top pattern, and despite the bullish market showing increased volume, the highs have not been able to break through. After the negative news last night was digested by the market, the lowest price encountered resistance when it retested above the 108500 level, primarily due to the U.S. stock market closing three hours early yesterda

The long order layout continues to hold points, and throughout the day, Old Chen has consistently provided a strategy based on key pressure support levels. Currently, the long orders based on the key support layout are also on a winning streak; I can only say that the friends who followed are already reaping great rewards. At present, BTC has successfully broken through the 109500 level, and moving forward, we can continue to adopt a bullish outlook after the breakout. The next target for BTC is the 110500 level! # #Gate用户突破3000万#

This morning's long order layout once again took profits and exited. In the short term, 108500 has completed the conversion of short-term pressure support, but we still cannot let our guard down. History teaches us how many people have lost themselves in complacency, then hastily passed through life? If you didn't keep up with this strategy and missed out on this wave of profits, don't be disheartened, and don't be jealous, because this is the cruelty of the market! Every hesitation and missed opportunity could let you slip past wealth. To hastily pass through life? That's an excuse for the lo