It's so strange! Bitcoin is rising alone, but why aren't ETH and SOL moving up? The CME gap is about to be filled, what should we do now?


1. As shown in the chart, the current Bitcoin futures gap is around 82,000 to 83k. According to historical patterns, any BTC futures gap will be filled without exception. So how should we position ourselves?
2. Here's the answer: going long is impossible! Because BTC has already rebounded 35% from 60k to 81.5k, the market is overbought, and it can't keep rising infinitely. So, ruling out chasing longs, the only options left are two: wait and see or go short.
3. The two major resistance levels for Bitcoin are at 79,500 and 83k. We've already shorted at 79,500, locking in most of the profit with a 5,000-point gain. Then, we re-shorted at 79,000 and 83k. I am very confident in the short at 83k, expecting at least a 5,000-point pullback. I even think more, because this level is very likely the stage top.
4. I also hold a short at 79,000, waiting for the pullback so that the short at 83,000 can take profit, and the 79,000 short can be closed with no loss or even a small profit. Then, we can make a few more swing trades, and I believe we can earn quite a lot.
5. As for crude oil, we have also set up our short positions. With the US and Iran pulling back and forth, a deal is very close. Patience is key—when the big drop comes, it will be our time to profit! The funding rate for crude oil CLUSDT is also not high, currently at 0.01%, which is minor compared to the later 20%+ drops and profits—just a drop in the bucket.
6. Although Bitcoin is cutting into profits with a dull knife, take a close look: from 79,500 to now 81,500, it’s only a 2% increase. Is that a lot? Even reaching 83,000 is just a 4% rise. But don’t forget, the higher we go, the bigger our profits from shorting. So, we are fully prepared now, just waiting for the right moment. Don’t rush—great show is about to begin~
BTC3.38%
ETH2.48%
SOL2.1%
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CancelingOrdersIsLikeBreathing
· 2h ago
The blogger's approach is quite clear: building positions in batches + moving stop-loss to take profits. It's much better than going all-in at once. I'm still holding my short position from July 9.
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ProofOfNap
· 2h ago
I'm also watching crude oil. If the US-Iran negotiations really succeed, that drop could be quite significant, but if they fall apart again, you need to set your stop-loss properly.
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YieldBonsai
· 2h ago
The rule that CME gaps must be filled is indeed quite accurate, but having the courage to heavily short at the 83k level still requires bravery, after all, the market's FOMO can become irrational.
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