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Regarding the $BTC market, let's talk about the bears again
The bears feasted handsomely in the previous market, now it's time to pay back the debt
Bears can ask themselves: If I am currently out of position, at what level would I choose to short?
My suggestion is to observe the reaction around 82,000
This is a very clear resistance level, but it's not suitable to place orders directly waiting for execution; there is no top in a rally, no bottom in a decline
Resistance is a good point for bulls to take profits, but not a good point for bears to open positions; only when the price is truly blocked here and cannot continue to rise is it a good opportunity for us to enter short positions
My personal subjective preference is to go long rather than short, after all, being in the crypto industry, there is some personal emotion: I hope Crypto can get better and better, and I am also proving my view with my position
Unity of knowledge and action
NFA, DYOR!
#BTC加速拉升,资金还能继续接力吗?
@OKX星球

Thoughts on the subsequent trend of $BTC market
My market thoughts differ somewhat from others; I will ask and answer questions from both the long and short sides, so everyone can relate according to their own positions
First, for the bulls, I only ask one question about this rally: Are you really on the train?
Since 8.19, BTC started this rapid rally from 65,000, reaching a high of 79,600, blasting through the shorts all the way; but another implication of this sharp rise is that not many people are actually on board
The vast majority missed out on this rally: they have long been worn down by endless fluctuations, and when the real big market comes, they dare not chase longs easily, only able to watch the price soar helplessly
So what should the bulls do? One word: wait
Wait for the market to regain rationality, wait for the price to start pulling back, gradually push your chips up amid doubts; plan your trades, trade your plan
Unity of knowledge and action; NFA, DYOR!
(Limited space, will discuss the shorts in the next post)
#BTC加速拉升,资金还能继续接力吗?
@OKX星球

Let's review the recent market trend of $BTC
Today's market really feels like a strong push from behind. After BTC broke through 72,000, it didn't rest at all, surging like a flash of lightning, reaching as high as nearly 80,000. I think this exceeded everyone's expectations.
Looking at the daily K-line, BTC continued to surge after breaking the downtrend line. Yesterday, a big bullish candle with no shadows declared the return of crypto, and today it surged again, blasting all the shorts away. Countless short whales became the fuel for this massive short squeeze.
This nearly 30% increase was unexpected yet reasonable.
I have been emphasizing that BTC's volatility has dropped to an extreme, and a one-sided trend could come at any time; at the same time, I have repeatedly expressed my bullish view on BTC, believing it is at the bottom range of the bear market, and shorting is far less cost-effective than going long.
BTC indeed broke upward as I predicted, but this violent short squeeze was beyond everyone's expectations and not in my script.
After reviewing BTC's market, I think the question everyone cares about most is: what’s the next move for the market?
Let me organize my thoughts and update later; you can also review the price trend yourself; Mr. Market is always right, so don't be stubborn trying to beat the market.
#BTC加速拉升,资金还能继续接力吗?
@OKX星球

I said $PEPE is going to catch up, going to catch up, is it the strong wind at the summit or can't you hear me clearly 😎
#波动雷达:币种异动观察
$PEPE performed excellently, ETH's meme short-term averages both rose
As the meme leader on the ETH chain, PEPE took the baton from ETH after ETH surged last night, starting the second wave of on-chain meme catch-up rally
ETH can take a break for now, today's altcoin market is led by PEPE charging ahead 😃
#波动雷达:币种异动观察

When you feel unable to understand the logic behind this strong rally of $BTC, you might want to take a look at my judgment from two weeks ago
Think more, analyze more, and don't be the blind person feeling the elephant in the market 🫡
#BTC加速拉升,资金还能继续接力吗?
In the past two months, $BTC has experienced the following bearish factors:
1. The Federal Reserve turned hawkish again, and the market even started trading on "rate hikes"
2. BTC ETFs faced historic-level capital outflows
3. Strategy shifted from the largest buyer to a potential seller
4. The Iran war pushed up oil prices, causing BTC to face "stagflation trading"
5. Capital migrated from Crypto to AI assets
If these bearish factors had occurred at the beginning of the year, each one could have caused a significant drop in BTC
But in the past two months, BTC has shown resilience beyond everyone's expectations. Despite multiple adverse factors, its price has remained consolidating above 60k
I can't find any more reasons to continue being bearish on BTC 🫡
@OKX中文 @OKX成长学院 @OKX星球

Many people still don't understand the power of $HYPE, and many have underestimated the impact of Trump's speech on HYPE last night.
Last night at the White House crypto summit, Trump personally acknowledged the legality of hyper liquid in the United States, which is a huge positive for HYPE. The rise cannot stop at the Asian session.
Looking forward to the US stock market opening tonight, HYPE can break through the previous high again 🫡
#波动雷达:币种异动观察

$PEPE performed excellently, ETH's meme short-term averages both rose
As the meme leader on the ETH chain, PEPE took the baton from ETH after ETH surged last night, starting the second wave of on-chain meme catch-up rally
ETH can take a break for now, today's altcoin market is led by PEPE charging ahead 😃
#波动雷达:币种异动观察

$BTC remains strong, continuing its upward momentum!
Just now, $BTC consolidated strongly during the day and broke through the 71,000 mark powerfully at the pre-market open of the US stock market;
In contrast, $ETH, which performed extremely well last night, showed weak follow-up gains, with the price failing to break 2300; meanwhile, the ETH/BTC exchange rate continued to decline, once dropping below the key 0.32 level.
But this is normal, as ETH surged too aggressively last night, so it’s good to rest a bit during the day~
The market is rotating; as one fades, another rises. The healthy sign is for mainstream coins to rally in turn.
#BTC突破69000美元,这轮上涨能走多远?
Today is Qixi Festival, and the Americans deliberately pushed $BTC to 70,000 so that Chinese people wouldn't have a good time and everyone would jump out of bed to watch the market.
