wolf_king888

📊#BTC Rising Wedge📉 🧠From a structural perspective, the daily chart correction is not yet over. Currently, it's within the blue resistance zone, so we still need to maintain a cautious approach. ➡️From a chart perspective, a rising wedge has gradually formed within the blue resistance zone. We generally use this model for corrections. ⚠️If we break through the blue resistance zone, it will turn into a support zone. Only then, with a suitable pullback, can we look for long trading opportunities. 🤜If you like my analysis, please like 💖 and share 💬 BTCUSDT.P#BTC Update: A new short position has been activated at the lower edge of the wedge, currently yielding a 2000-point volatility spread. You can manage your position more conservatively. Short-term support is at the overlap of the green buy zone and the yellow support zone (86800-87800).

📊#BTC Retests Resistance Zone⚠️ 🧠As expected, the market found support near the short-term support level of 85358 and rebounded well. Currently, the price has retested the blue resistance zone. We should be wary of a potential pullback, so chasing the price higher here is not recommended. Instead, look for opportunities to short. ⚠️Note that if we successfully break through the blue resistance zone, we need to be cautious of a further surge. 🤜If you like my analysis, please like 💖 and share 💬 BTCUSDT.P

📊#BTC Continues Deepening Correction? 🧠From a structural perspective, we are still in a daily-level correction phase, with a short-term downtrend. Therefore, until a bullish structure is established within the same timeframe, we need to be wary of further pullbacks. We can only maintain an optimistic outlook after reversing the blue resistance zone. ➡️Therefore, short-term support is around 85358. If we continue to break below the low L, then we need to pay attention to the next support zone at 69000-74500. Let's see 👀 🤜If you like my analysis, please like 💖 and share 💬 BTCUSDT.P#BTC The trigger reaction has occurred, meaning victory has been achieved. You can manage your position.

📊Is the #BTC rally over? 📈 🧠From a structural point of view, the short structure at the daily level is still intact, and the ideal target area has not yet been realized, which means that the adjustment at the daily level is not over yet. So I think the current rise is just a rebound stage, but it has not yet touched the resistance zone near 93,000, so I think there is still the possibility of continuing to rebound. ➡️Therefore, we can look for some short-term support to participate in some long positions, such as around 83400-84400. ⚠️Note that short-term bulls are in a contrarian stage, so please be sure to do risk management. 🤜If you like my analysis, please like 💖 and share 💬 BTCUSDT.P

📊#BTC Weekly Key Levels⚠️ 🧠From a structural perspective, we are approaching the key weekly support level around 74508, which is also an ideal target area for a bearish structure. Therefore, if the price reaches this level directly, we can confidently enter the market. ➡️The recent resistance level is around 93000. If we break through the turning point of 93160 first, we might look for long trading opportunities after a pullback. ⚠️It's nearing the end of the month, so let's be patient. ☕️ 🤜If you like my analysis, please like💖 and share💬 BTCUSDT

📊#BTC Reaches Support Zone✔️ 🧠As expected, the market has experienced a deep pullback, and we have now reached the yellow support zone. Therefore, we should be cautious of a potential rebound. If we want to reverse the downtrend, we need to build a bullish structure within this support zone! 🤜If you like my analysis, please like💖 and share💬 BTCUSDT.P

📊#BTC Testing Weekly Upward Channel✔️ 🧠The overall uptrend remains intact. We are currently testing the weekly upward channel. If we can find support here, we might see a new breakout. ➡️We currently hold a 30% spot position here. If we fail to find support here, the next support level to watch is around 74508. Let's see 👀 🤜If you like my analysis, please like 💖 and share 💬 BTCUSDT

📊#BTC Reaches Support Zone✔️ 🧠In the previous post, we discussed the need to be wary of the "sell the news" effect after the release of interest rate cut expectations! As expected, the market experienced a significant pullback, testing the two support levels I was watching (109000, 106621). The rebounds after touching these support levels have already occurred, indicating a significant success rate. ➡️From a structural perspective, it's reasonable that we broke below the bullish defense point (106621) and then experienced a sharp rebound after capturing the bullish liquidity there. However, this also implies the emergence of expectations for a medium-term correction, so we should be wary of a deeper correction. New bullish expectations will only emerge after we patiently wait for a breakout above the gray S/R level. ➡️Currently, our long positions have locked in major profits. Shorting opportunities will need to be sought after a further price rebound. Let's see 👀 🤜If you like my analysis, please like 💖 and share 💬 BTCUSDT.P

📊How should we respond to the FOMC? 🧠Yesterday, we failed to break through the gray resistance zone (S/R), instead forming a double-top bearish structure in this area. Therefore, our long position opened at the 4-hour neckline support has already hit our cost price and been closed. After a pullback, it tested the 1-hour neckline support and the black descending trendline, and a rebound occurred, but we didn't see a strong upward move, so we closed our long position here as well. ➡️The expectation of a rate cut has already been priced in during the upward movement, so we should be wary of (sell the news)! ➡️If we cannot hold the current support, then we need to be wary of a deeper pullback. The next support level to watch is around 109000, and the extreme support level to watch is the bulls' defense point (106621). Let's see 👀 🤜If you like my analysis, please like 💖 and share 💬 BTCUSDT.P

📊Where is #BTC support? 🧠From a structural perspective, it's reasonable to see resistance at the gray S/R resistance zone and a pullback. However, bullish patterns are present on the long-term charts and on both the 1-hour and 4-hour charts, with targets yet to be reached. Therefore, we should seek support to enter a long trade. ➡️We are currently testing the 4-hour neckline support, which is considered aggressive. ➡️More robust support is near the intersection of the 1-hour neckline and the black descending trendline S/R. Let's see 👀 🤜If you like my analysis, please like 💖 and share 💬 BTCUSDT.P#BTC USDT.P Crossing 115050 🎯TP1✔️ 🔒Lock in 50% profits💰 ➡️SL moves to breakeven⚖️