Is Bitcoin's rebound stagnant? Where can I profit from shorting? Let's take a look with Shu Qin.
The current rebound strength of BTC is very weak, and the market lacks new stimulus points after the interest rate cut. I have placed a short position near 112,500 in Bitcoin. I think this is a very good shorting position. I’m not saying that the situation will fully reverse, but a pullback shouldn't be a big issue.
For Ethereum, our logic is to short on small rises and short big on large rises. As analyzed before in the chart, it was a good shorting position when approaching 4000. In t

Is the market rebounding? Will it fall again? Where can we short\go long on Ethereum? Let's take a look.
As shown in the figure, ETH has currently formed a very solid quadruple bottom, and it should rebound here. When it previously fell to this level, ETH first rebounded to around 3900 before encountering resistance. You can try to short with a small position around this area to catch a pullback.
A more stable shorting position would be near the 4000 mark, for example around 3980. This would be a more perfect opportunity to reposition short orders, it just depends on whether the market pro

A trap for the down payment of a house has been earned!
The current logic is that prices rise before interest rate cuts and fall after. After the interest rate cut, the positive effects will be fully realized, and I will no longer be bullish. I hope everyone managed to sell at the top and set up short positions on Wednesday to take advantage of this wave of price fluctuation logic~

116,000 resistance is starting to pull back~

Did you know? Powell is about to make a big move! Is he going to stop tapering next week?
The market is no longer concerned about interest rate cuts; this positive effect has been completely absorbed. Currently, what Wall Street is most concerned about is Powell's statement at the beginning of the month that there will be a halt to QT in the coming months, meaning that quantitative tightening will no longer take place, which opens the door for the subsequent initiation of quantitative easing (, commonly known as large-scale money printing ).
Let's not talk about the future quantitative

CPI data is here! This time it's Favourable Information!
Sure enough, Trump optimized the data again before the interest rate cut, with both CPI and core CPI at 3.0%, both lower than the expected 3.1%, which is Favourable Information!
Congratulations everyone, there has been a surge~

Can it only rise if it can't fall? Where can I do shorting? Hurry up and take a look!
As the interest rate cut approaches, Bitcoin bulls are starting to increase their short-term positions. There will be market activity for BTC at least until the rate cut on the 30th. However, the current short-term rise is a bit excessive, so I will look for a pullback around this resistance level, as shown in the picture.
Bitcoin around 111,200-116,000 has certain resistance. We shorted here on Monday, and now that the Bitcoin price is approaching again, I think we can try to open a short position here a

Is the Bitcoin market coming? How high will it rise this time? Let's take a look.
As shown in the figure, BTC has broken through the descending trend. Previously, the coin price had lower lows and lower highs, but now the bottom is rising, and the top has also surpassed the 109,200 we discussed earlier. Therefore, close the short positions and go long at the pullback position after the breakout. This strategy was clearly analyzed on the 18th, as shown in the figure.
Sorry, the drawing software crashed, and after waiting for a long time, I can only substitute with a hand-drawn version. Curr

Has Bitcoin stopped falling? Is a big rebound coming? How to operate with Ethereum, come and take a look with Benqin!
As shown in the figure, Bitcoin currently shows signs of a potential reversal, but it has not been confirmed yet, as the current trend still consists of lower highs and lower lows. If BTC can rebound above the previous peak of 109,200, the reversal signal will become clearer. Once it pulls back, we can go long, which is a more stable approach.
Overall, Bitcoin's second bottom test seems to be slightly insufficient. If this pullback reaches 103,000 or lower, I believe it wou

Has Bitcoin stopped falling? Is a big rebound coming? How to operate with Ethereum, come and take a look with Benqin!
As shown in the figure, Bitcoin currently shows signs of a trend reversal but has not yet confirmed it, as the current trend still consists of lower highs and lower lows. If BTC can rebound above the previous peak of 119,200, the reversal signal will be clearer. Once it retraces a bit afterwards, we can go long, which is a more stable approach.
Overall, Bitcoin's second bottom testing seems to be slightly insufficient. If this pullback reaches 103,000 or below, I believe it

😂The BBQ is done, Bitcoin has fallen below support!
Currently, the small support around 107,000 is uncertain whether it can hold, this is the last line of defense, can it trigger a small rebound?
The stronger support is near the 102,000 area where the pin was inserted, marking a second bottom test, and also close to the 100,000 threshold. The support here is very strong, and the probability and magnitude of a rebound will be greater.
Overall, we have cleared the spot trading in the past few days and also positioned low-leverage short positions in BTC and ETH, which can be considered quite per

Ethereum rebounded! Can we short? What should we do with Bitcoin next? Let's take a look.
First of all, the most concerned operational opportunity is whether we can short Ethereum after such a significant Rebound. Where should we short? In fact, ETH is stronger compared to Bitcoin, so when faced with resistance, it’s better to choose BTC to short instead of ETH. If we are looking to go long at a support level, I would choose ETH because it is stronger. For example, at the support level of 3900, it can drop back and still open another position.
In terms of resistance levels, ETH can be shor