CryptoZhongliang

Bitcoin maintains an intraday short bias, shorting Bitcoin around 71,600 and Ethereum around 2,220. After reducing positions once, you can continue to hold shorts downward. If it breaks below the 70,000 level, the decline will accelerate much faster. It's all just a matter of perspective—those 8 consecutive bullish candles indeed made the bears uncomfortable, but now after the rally and pullback, the bulls are the ones suffering...#Gate13周年全球庆典 $BTC

3.9BTC/ETH Market Analysis:
Bitcoin previously experienced 8 consecutive daily candles closing higher, with a sharp surge from 66,000 directly up to around 76,000 in a single day. In 8 days, the price increased nearly 10,000 points. Those who caught this rally with long positions definitely made good profits. However, Zhong Liang has been consistently shorting. His short near 72,600 was held all the way down to 60,000 and 50,000 levels. After reducing his short position, he continued holding, which resulted in being trapped for several days, with a maximum drawdown of over 2,000 points.
But th

Bitcoin short positions are stuck badly. The shorts near 72,600 earlier, with the lowest around 66,000, haven't fully closed out yet. As the rebound came, I added positions, and now the average price is around 72,400, been stuck all the way...
Daily K-line shows 8 consecutive bullish candles with strong upward momentum. It can't hold back 74,000 here. Earlier didn't chase longs above 70,000, and it's even more impossible to chase gains now. Bull rally is still early; pulling up for distribution, could smash anytime. Don't chase rallies—if you miss the long positions, you miss them. For those s

The strategy remains unchanged. Above 70,000, Bitcoin longs lack value for money, with resistance at 72,000 and 74,000 above, and strong support at 68,000 and 65,000 below. If the pullback doesn't break here, there's room to bet on a rebound. #Gate广场AI测评官

Bitcoin has made a second attempt to push higher near 74,000 and has now pulled back. The current market outlook remains unchanged. Do not go long above 70,000, as there is no value there. If your short positions are not profitable yet, continue holding them. A break below 68,000 is needed for a significant decline. The market has double-topped at 74,000 under pressure and could crash at any time. Hold your short positions steady. If you want to go long, in my view, there is only value below 70,000. If 68,000 does not break, or if 65,000 does not break, entering longs at these support levels c

I won't chase the rally above Bitcoin 70000, my approach remains unchanged. Currently pressuring 72000, with strong support below at 68000. Chasing rallies above 70000 lacks value for money, and the market is oscillating back and forth, which is exhausting. Either take light positions above 70000 and scale into short trades in batches, being prepared for drawdowns, or wait and observe. Wait for a rally to liquidate leveraged short positions, then consider shorting around 74000 at higher levels. Ethereum is the same—near the 2150 and 2200 zones, it's definitely a no-brainer to go short at highe

Today, my mindset is still empty, above 70,000 or nearby. Not chasing the rise, even if shorting gets you trapped, how long can you stay trapped?

Today, my mindset is still empty, above 70,000 or nearby. Not chasing the rise, even if shorting gets you trapped, how long can you stay trapped?

Still not feeling like updating anything today. Yesterday's short position is currently trapped. I won't deny that. My mindset remains the same today: one word—short, two words—high short! Don't chase the rally. That's all for now. Enjoy your holiday. I'll be waiting for you amidst the wind, flowers, snow, and moon!#Gate2月透明度报告 $BTC

【Double Top Divergence】A Powerful Indicator for Bearish Trading!
The double top pattern is a classic bearish chart formation, and when combined with divergence phenomena, it can provide traders with a more reliable sell signal.
🔴Double Top Pattern:
- Price reaches a certain high, attempts to break through twice but fails, forming two similar peaks.
- This usually indicates the end of an upward trend and the beginning of a downward trend.
Divergence Phenomenon:
- Divergence refers to the inconsistency between the price and certain technical indicators (such as MACD, RSI, etc.).
- In the double

Short position at Bitcoin 72,600, down to around 68,600, already a 4,000-point profit. Isn’t that awesome? #GateforAI重磅上线 $BTC

Raising prices is just to clear out the recent accumulated short leverage, that's all! Moreover, the long side has been continuously wiped out, leaving very few, so where are the longs crying every day? Without some sweet rewards, how can they bottom fish or push forward?
The Bitcoin short from 72600-73000 is almost at the first target of around 70000. The Ethereum short at 2120 and 2150, now coming down to around 2050, has already yielded a profit of several tens of points.
There will be data released tonight, including non-farm payrolls, unemployment rate, and retail sales month-over-month.