Analyst: Baili Shouyue Cryptocurrency: BTC (1HK line valid for 4 hours) Section: Futures Direction: Long Leverage: 10x Entry: Market price limit order Add positions: 70975;75000; Take profit: 71828;72225;72886; Stop loss: 70000 Remarks: Bearish outlook these days, bullish outlook next week Bear market initiated, long-term on new highs open short positions. BTC Using daily K-line as cycle, currently in uptrend. 3.19 Sideways slight decline Resistance:W93392/3D84190//4H74549↓/2H73649/H72886/M72225/ Support: MN65320/D66117//12H68827/8H70109/6H70680/ TSLAX Using daily K-line as cycle, currently in uptrend. 3.19 Sideways slight decline Resistance:3D459.59↓/D423.57//12H410.72/4H402.7↓/2H400.99↓/H398.95↓/M396.7↓/ Support:W362.28//8H386.19/6H391.45/ Recently hot tokens SOL;DOGE;TRUMP;PEPE; #BTC# #CRYPTO#

Honestly when you are trading solana coins it just makes sense to use LP's because of how often things fully retrace. At least you reduce your entry and give yourself a little more leeway in the case it does retrace. This one has averaged 7-10% per day..

The market is volatile and ever-changing, but certain trends remain constant. I strongly warned the day before yesterday not to chase highs and become a bag holder. Bitcoin's daily decline is nearly 6%, bears, are you in the trade? On day one, I provided short positions around 75,200, and yesterday gave short positions in the 74,200-74,800 range. Regarding pullback levels, check the third post from the end. The weekly support at 69,500 is where it might stabilize. BTC's intraday rebound resistance at 71,800-72,200 can continue to be shorted, targeting the 69,000-69,500 range. Of course, ETH has dropped nearly 9% similarly, and SOL are also excellent shorting targets!