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Early this morning, Bitcoin experienced a rapid decline, bottoming out near 65500 before stabilizing. During the morning session, the market did not follow the expected second dip; instead, the bulls launched a strong rally, with prices continuously breaking through the 66000 and 67000 psychological levels, causing short positions set earlier in the day to be stopped out and exited. Currently, the price is consolidating around 67500 at a high level, and the overall trend has shifted from weak to strong.
From a structural perspective, the 65500 low in the early morning echoes the previous corre
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This early morning, Ethereum continued its weakness along with the broader market decline. The bears maintained pressure, and after breaking below the key support level of $1950, the price accelerated downward, with the lowest touching around $1920 before the decline was halted. Subsequently, the market entered a technical correction, currently rebounding to around $1936 and consolidating. Based on the downward momentum from this morning, the bearish force remains strong, and the rebound has not shown significant volume increase, indicating a typical quick drop followed by a rebound correction
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GateUser-6d0b045bvip:
Thank you for this beautiful and helpful post, and thank you for informing us.
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Early this morning, Bitcoin continued last week's weak trend, showing a unilateral downward movement. The bulls failed to mount an effective resistance around $67,000, while the bears kept pressing, causing the price to decline steadily. In the early hours, Bitcoin briefly touched the $65,500 level, falling more than 2,000 points from its high, indicating that the current market still faces heavy selling pressure. Although the price rebounded slightly afterward and temporarily stabilized around $63,000 for a correction, the overall recovery remains weak, typical of a technical rebound after a
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The evening Bitcoin continues to decline, falling from yesterday's high all the way down to around 68,200, with a low touching 68,100. Although the overall market remains bearish, technical indicators show signs of overselling in the short term — the 1-hour RSI has dropped to around 25, entering the oversold zone, indicating that the bearish momentum has been excessively released in the short term. There is a technical correction demand in the market, and if a reversal signal appears later, a rebound from oversold levels could happen at any time.
In terms of support levels, the 68,000-67,800 r
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After briefly touching $71,000 in the afternoon, Bitcoin's price declined again, currently breaking below the $70,000 level, with a low around $69,600. On the hourly chart, the key support at $70,000 has been broken by a bearish candlestick, and the early rebound high stopped at $71,000 without breaking the previous low platform. This forms a typical weak rebound structure, and this level may become a short-term resistance for subsequent rebounds.
From a technical indicator perspective, the 1-hour Bollinger Bands are widening again, with the price moving along the lower band. The short-term mo
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JamesL0111vip:
Fighting fighting fighting fighting fighting fighting fighting fighting cheering up
The morning Bitcoin price surged up to around 71,300 before facing resistance and pulling back, then broke below the 70,800 support level, further declining to around 70,300. Our long position set at 70,500 in the morning was successfully closed at 71,300. The market has started to decline, and currently the price is trading around 70,400.
The current dip has not broken the overall oscillating upward structure; instead, it can be seen as a "second bottom" behavior by the main force before a breakout. The area around 70,300, as the upper boundary of a previous high-volume trading zone, has clea
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A new king ascends to the throne, should we light three fires first? Rising oil prices can't stop him from cutting interest rates!
The Middle East conflict reignites, and Brent crude oil prices instantly surge past $82. The market is trembling: Is the wolf of inflation really coming back? Fed officials under Powell are indeed starting to hesitate, and some even hint, "Maybe we shouldn't cut anymore."
But soon, the Federal Reserve might be about to change.
The next nominee for Fed Chair, Kevin Waugh, nominated by Trump, has already rushed to the Senate with his nomination papers. His logic is s
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This early morning Ethereum dip is an effective test of the bullish trend. After touching the $2050 level, the price quickly stopped falling and rebounded, regaining the $2070 level, confirming strong buying support below. This "dip—stop—rebound" process is often seen as a necessary shakeout in a bullish trend. By quickly clearing out weak positions, the market is likely to move forward with a lighter load and initiate a new round of upward attack.
From a microstructure perspective, the current rebound is very critical. On the hourly chart, as long as the price can stay above $2070, the early
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Early morning market experienced a rapid dip, with Bitcoin falling to around 70,700 before stopping. Subsequently, the price stabilized and rebounded, regaining the level above 71,000. This dip did not trigger further panic selling but was quickly recovered, and the overall trend is consistent with my bullish outlook from early morning.
The 70,700 level was validated as an effective short-term support in the early hours. After touching this level, the price quickly rebounded, indicating strong buying interest below. Currently, a sign of a bottoming and upward reversal has appeared on the hourl
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As U.S. stocks opened lower, Bitcoin initially surged briefly to 72,800 before stalling, then entered a one-sided decline, dropping to around 70,700, with a total decline of over 2,000 points. Ethereum followed the trend of Bitcoin, falling from around 2,160 to approximately 2,055. Currently, Bitcoin's price has rebounded to 71,400, while Ethereum has also recovered to around 2,088. Although this sharp decline was swift, it also serves as a critical test of the trend's strength.
The current market shows clear signs of stabilization. After bottoming out around 70,700, Bitcoin quickly rebounded,
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Looking back at the morning market, Ethereum faced resistance around the 2170 level and pulled back, with a low of around 2100 before stabilizing. This retracement once again precisely confirmed the validity of the bearish outlook in the morning. Our consistent view is that the core of trading is not about guessing arbitrarily, but about following the rhythm of the trend — this is the true charm of trend following.
From a technical perspective, the 2100 level shows clear support strength. After reaching this point, the price quickly rebounded, with the hourly candlestick forming a hammer with
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The morning market trend is completely in line with expectations: Bitcoin faced resistance around 73,500 and continued to decline, with the lowest touching the 72,000 level, reaffirming the accuracy of the short-selling approach. This is the charm of following the trend—avoiding subjective predictions and simply adapting to the market rhythm. Currently, there are clear signs of support around 72,000, with short-term downward momentum weakening. In the afternoon, focus on this area for stabilization signals and look for opportunities to go long.
From a technical perspective, on the 4-hour chart
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Early morning Ethereum trend and live prediction are completely consistent: after testing the 2035 level to confirm support, the price rebounded as expected, rising to the 2100 level before stopping, then faced selling pressure and pulled back. The current price remains around 2128. This wave of rally has fulfilled the short-term bullish idea, but the exhaustion signals after reaching the high need to be taken seriously.
From a technical perspective, the rebound this time failed to break through the 2100 level effectively and instead quickly retreated. On the 4-hour chart, a potential head and
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Early morning market conditions are completely consistent with yesterday's live forecast: Bitcoin retraced to the 72,400 level to confirm support and then rebounded as expected, reaching a high of 74,000 before stopping. It then entered a new round of decline, with the current price falling back to around 72,700. This wave of rally fulfilled the bullish outlook, but the rapid pullback after the high also indicates short-term momentum exhaustion, signaling a change in market rhythm.
From a technical perspective, the rise to 74,000 this morning is a typical 4-hour "false breakout" — the price br
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