When the market falls into panic and everyone is selling, it is the best time for the brave to get on board. While others are fearful, I am greedy. By holding firm in the darkness, one can welcome the first ray of sunlight at dawn. All fluctuations in the market are now exposed, and the price is once again being pumped upwards. Yesterday's daily chart closed with a long lower wick bottoming pattern, and the lower wick has lengthened again, demonstrating the strength of support below; today's market continues the rebound trend from yesterday's bottoming, with the daily chart rising steadily, cu

Success has no shortcuts; it is built upon countless days and nights of hard work. Every drop of sweat is not in vain, and every moment of persistence brings you closer to your goal. Pave your own path to success with persistence and effort. The Fed data released early this morning startled many, leading to a whipsaw in the overall market. This has shattered the dreams of many in the crypto world. As early as this morning, Lao Chen advised to go long before shorting, suggesting to first follow the rebound under pressure before shorting. The outcome was as Lao Chen predicted; Bitcoin's price in

The market on Wednesday is about to come to an end. After a strong pullback in the Bitcoin price in the early morning, it touched a low of 116923 before stopping its rebound. The midday market also showed a step-by-step rebound trend gradually rising, but it has not been able to give an effective breakthrough. In the evening, after another pullback, longs quickly turned bullish and surged high, reaching a peak of 118763. Currently, the Bitcoin price has shown a slight pullback. As for Ethereum, it basically follows the same trend as BTC, gradually rising after rebounding from the low in the ea

Success has no shortcuts; it is built upon countless days and nights of hard work. Every drop of sweat is not in vain, and every moment of persistence brings us closer to our goals. Pave a path to success with perseverance and effort. Looking back at Wednesday's intraday market trends, the overall market still maintains a narrow range of fluctuations. The range has not yet been broken. As mentioned by Lao Chen earlier, prolonged oscillations must lead to significant movements. Tonight's announcement from the Fed is expected to open up the market. Today, BTC reached a peak of 118444 and faced p

Many people are too eager for success, ignoring those foreseeable details, and should really take the time to think things through. Many opportunities have been missed. Making mistakes is not scary, but if we don't look for the root causes, we will repeat the same mistakes next time. This time, we must remember this lesson deeply and not let ourselves regret it again. Today's midday market is also gradually rebounding and recovering. Currently, the BTC price has warmed up to above 118000, which aligns with our bullish chase rising prices strategy given earlier. In a range-bound market, how it

Good morning everyone on this new day. Looking back at the overall market trend from last night to the early morning, after the price of BTC surged, the overall market has shown a retracement phase. Currently, the price of BTC is fluctuating around the bottom. After Ethereum retraced to a low last night, the overall market has also been running sideways.
　
Looking at the four-hour level first, after a slow decline with consecutive bearish candles, the price has turned bullish again. Although the current rebound strength appears to be relatively slow, this is a positive sign. The price has show

Luck does not come from nowhere. Only when you work hard enough will you be lucky enough. This world will not disappoint every effort and persistence, and time will not neglect every person who is dedicated and brave. Those seemingly uneventful day after day will eventually show you the meaning of persistence. The overall market on Tuesday has also come to an end, with Bitcoin's price experiencing a strong rise in the morning, reaching a peak of 119258 at midday before facing pressure. It is still relatively difficult to break through the 120000 mark in the short term. In the evening, the pric

The mid-mountain area is always the most crowded; you need to go to the top of the mountain to see the view, which is unique and will make you feel that all your efforts are worth it. Yesterday's market rose briefly without success in breaking through 120000 and then encountered a pullback, with the decline continuing until early this morning, where it touched a low of 117427. Currently, the price of Bitcoin is around 118000, and the overall market movement hasn't provided much, is it really plotting something? As for Ethereum, after a unilateral rise yesterday, it reached a peak of 3940 befor

Your mindset determines your state. Life is not about waiting for the storm to pass, but learning to dance in the rain. Optimists see opportunities in disasters, while complaining is the most energy-draining and futile action; if you can't change the environment, change yourself. Today's overall market situation has not provided much volatility yet. After a slight rise in the morning, it also broke the stalemate of the fluctuations. During the day, BTC attempted to hit 120,000 but ended in failure. Fortunately, the coin price has always been around the upper band, never giving short positions

What did I say? Currently, BTC is gradually approaching 120,000; breaking through is just a matter of time. Go for it.
Observing the current market, the four-hour level chart shows a trend of fluctuating upward movement. Although there have been some bearish pullbacks during this process, their intensity has been weak and has not effectively hindered the upward movement. Currently, the BTC price has approached the upper band of the Bollinger Bands, with bullish momentum continuing to accumulate, and the upward trend becoming increasingly strong. Looking at the one-hour level chart, the market

This week's market is nearing its end. Bitcoin strongly broke through the 120,000 mark early in the week, but significant pressure above prevented it from stabilizing, leading to a slight dip, reaching a low of 114,723 before rebounding. Overall, Bitcoin has remained in a high-level tug-of-war state throughout the week, with a Bull vs Bear Battle in a stalemate. As for Ethereum, after hitting a recent high early in the week, bullish momentum has weakened, with the price peaking at around 3,857 before encountering resistance, maintaining a range-bound fluctuation pattern for the week. In summar

Old Chen's Contract Breakeven Strategy: Unlock Funds and Return to Profitability

In the ever-changing landscape of financial markets, contract trading attracts countless investors due to its characteristic of high risk and high return. However, when market trends go against expectations, the predicament of being trapped by contracts looms like dark clouds, leaving investors anxious and confused. How to successfully breakeven has become a key issue that every contract trader must face. This article will delve into various strategies for breakeven in contracts, helping you find a way out of di

Life is a marathon with no option to exit midway; every fall is an opportunity to start anew. Grit your teeth and persevere, for the dawn is just ahead. Growth is a path filled with thorns; giving up is the easiest choice, yet it is also the direction that runs counter to dreams. Hold tightly to the sword of faith, cut through the thorns, and bravely move towards your goals. Looking back at the midday market trends, Bitcoin prices surged to 119000 in the early morning, followed by a significant pullback, with the pullback intensity being relatively strong during the night. So far, the lowest r

Don't always rush to get results; planting and harvesting are not in the same season. Allow yourself to take your time, accept occasional clumsiness and temporary stagnation, just like flowers have their blooming period, you also have your own rhythm. Looking back at Thursday's overall market trends during the day, there was a significant range-bound fluctuation in the day. Bitcoin strongly surged to the 119265 level in the morning but faced resistance and pulled back, with the BTC price quickly retracting, falling over two thousand points and stopping at the 117050 level. In the evening, the

Don't be afraid of how many thorns are on the road ahead, and don't care about how much the stones underfoot hurt. Those steep slopes that make you frown, once climbed, will allow you to overlook the sea of clouds; those winds and rains that make you gasp for breath, once endured, will reveal the rainbow hanging at the edge of the sky. The recent market trend is neither too large nor too small, with a clear trend of repeated highs and lows. On Thursday, Bitcoin's price faced pressure at around 119245 in the morning after a surge, and so far, it has dipped to a low of around 117500. Ethereum ba

Difficulties are like giant boulders lying in front of the road. If you shrink back, it will forever be an insurmountable barrier; if you lift your foot to move, chisel, or tread on it, you will eventually carve a path on it. Don't be afraid of the stormy road ahead; those things that cannot defeat you will ultimately become the patterns on your armor. Every time you grit your teeth and persevere, you are accumulating strength for your future self; every time you face difficulties head-on, you are proving to the world that you are stronger than you think. Move forward bravely, even if you walk

Don't be afraid that the thorns underfoot will tear your shoes and socks; what you should fear is giving up before you even lift your foot. Don't worry that the mountains ahead will block your way; what you should worry about is losing heart before you even start climbing. The entire midday market trend is largely dominated by short positions, gradually testing lower levels but not continuing. Currently, the BTC price remains above 118000. On the Ethereum side, after a midday surge to around 3764, it faced downward pressure. The intraday low reached 3638.
The current market shows that the MACD