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Last night after the US stock market opened, Bitcoin quickly rebounded after testing the support at $69,400, reaching a high of $71,700. A long lower shadow was left on the daily chart, which usually indicates strong buying pressure below. At the same time, the price has effectively broken through the previous multiple tests of the $70,800-$71,000 resistance zone, opening up space for further upward movement.
From the 4-hour structure, last night's rapid dip was more like a shakeout before a breakout. The pullback did not destroy the rebound trend; instead, it built a higher low. The subsequen
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The afternoon Bitcoin continues its strong momentum, rising from around 68,500 to approximately 71,200, reaching a new high for this rebound. Our early morning long positions on Bitcoin regrettably hit stop-loss, with a loss of over 1,500 points. Ethereum long positions also hit stop-loss, with a loss of over 40 points. Currently, the price has slightly retraced to around 70,600 and is consolidating. The short-term bullish momentum is weakening, and a pullback is gathering.
From the four-hour chart perspective, this rally from the low of 65,800 up to 71,200 has accumulated a gain of over 5,400
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💥Does Trump unilaterally declare "the war is about to end"? Iran's hardliners slam the table!
Brothers, the Middle East's powder keg is not only unextinguished but has been poured with a bucket of gasoline today!
🦅3/10 According to CBS reporters, Trump directly stated in an interview: "The war is basically over!" He not only mocked Iran for lacking navy and air force, but also arrogantly claimed that he has already chosen a replacement for Iran's Supreme Leader. Additionally, he casually added: "I'm considering controlling the Strait of Hormuz."
🔥In the face of America's extreme insult, Ira
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Bitcoin experienced a strong rally this morning, reaching a high of around 70,550, setting a new high for this rebound. We initially planned to catch a short-term dip, but the market's strong continuation led to a small short entry. Currently, the price has just fallen back to our short entry point. Considering the larger timeframe remains bullish, the short position can be held and wait for a pullback confirmation, but overall, we should remain cautious and respect the bulls.
On the four-hour chart, this rally successfully broke through the resistance zone of 69,300-69,800 USD, creating a new
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Market Review:
In the early hours, Ethereum surged strongly from $1985 to the $2050 level, then slightly retreated, currently oscillating around $1995. This rebound after reaching a new high is a normal technical correction. Our long position strategy laid out last night has already taken profit smoothly. The price holding above $1990 confirms the buying interest below. After a brief pause, the bulls still hold the initiative.
Technical Analysis:
On the four-hour chart, as long as the key support at $1980 is not broken, the rebound structure starting from $1920 remains intact. This rally succe
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IDon'tHaveMuchWithHim.vip:
Summary: bullish mainly, mostly between 1980-1990, first take profit at 2030, watch 2050, very likely to move into 2100, right?
Early morning Bitcoin surged from $68,000 to around $69,500 before pulling back slightly, currently oscillating near $68,500. This rebound followed by a pullback is a normal technical correction after reaching a new high. Our long position strategy implemented last night has already taken profits smoothly. The price holding above $68,500 confirms strong buying interest below, and the bulls still control the market.
On the four-hour chart, as long as the key support at $67,800 is not broken, the rebound structure starting from $65,800 remains intact, forming a typical stepwise upward pattern. T
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ameelyvip:
thanks for informing us thanks for informing us thanks for informing us
Last night’s market trend saw Bitcoin opening higher along with the US stock market, with market sentiment fully recovering. After stabilizing above the 68100 level, the bulls continued to exert strength, pushing the price up strongly to around 69500 before stopping. Our long positions around 67800 from the evening were perfectly captured during this rally, successfully taking profit at the 69000 target. Currently, the price is slightly retracing but still remains above the 69000 level, maintaining a strong overall trend.
From a structural perspective, last night’s rally was significant: the p
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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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