Market Analysis - Bitcoin's weekly chart shows a bearish trend, breaking a support level, with increasing trading volume indicating potential further decline [1] - The analysis suggests a possible completion of a 5-wave upward pattern, indicating a potential A-B-C corrective wave downwards [1] - A bearish divergence on the weekly MACD indicator suggests a potential correction, with the price already breaking a key support level [1] Investment Strategies - For short-term Bitcoin investors aiming for high-frequency trading, selling at current levels to secure profits is advisable [1] - For long-term Bitcoin investors, a strategy of accumulating more Bitcoin during significant price drops (potentially around late 2026 or 2027) is suggested [1] - The analysis suggests that those who accumulate Bitcoin during market downturns tend to outperform those who attempt high-frequency trading [1] - For Ethereum, if it fails to break above $4,000, selling at high levels is recommended, prioritizing Bitcoin for long-term holdings [1] Trading Recommendations - For contract trading, waiting for a rebound to establish short positions is recommended, targeting previous high points as initial profit targets [1] - Two contract trading strategies are suggested: one involves opening a short position with a stop-loss order, while the other involves waiting for a rebound to a higher level before opening a short position [1]

Market Analysis & Trading Strategies - The analysis indicates a potential MACD divergence on Bitcoin's weekly chart, suggesting caution despite recent price movements [1] - A key support level has been breached on the daily chart, with no immediate recovery, prompting consideration of shorting opportunities [1] - The report suggests two strategies: one involves shorting below the M-neckline with a stop-loss on any recovery, and the other involves waiting for a rebound to identify potential shorting opportunities [1] - Ethereum's potential resistance levels are identified around 0.66% to 0.68%, with a further level at 4800, suggesting possible areas for selling [3] Risk Management & Investment Philosophy - The firm advocates for a long-term "buy the dips" strategy for Bitcoin, rather than attempting to time the market through high-frequency trading [1] - The analysis suggests using futures or options to hedge against potential losses in spot holdings during market downturns [1] - The firm cautions against novice traders using contracts or options, recommending these tools only for experienced traders [1] - The analysis highlights the risk of shorting, noting that a breakout could lead to a rally towards $120,000 [1] Technical Analysis & Potential Scenarios - The report identifies a potential head and shoulders pattern breakdown, providing a rationale for short positions [1] - The analysis suggests that if Bitcoin holds its current support, a rebound is possible, but cautions against excessive optimism [2] - Ethereum has filled a gap and is testing a previous consolidation area, with a potential for further adjustment [3]

Market Analysis - The analysis suggests that Bitcoin's recent rally might be short-lived, with potential resistance around 108,000 [1] - The report identifies a bearish divergence in the market, with price failing to make new highs while CVD (Cumulative Volume Delta) does, indicating potential selling pressure [1] - The analysis suggests a possible retracement to test support levels, specifically the support-resistance flip zone, before any further upward movement [1] - The report anticipates a period of consolidation or sideways trading before a potential C wave rally [1] - The analysis points out the similarity between the current market pattern and previous patterns, suggesting a potential dip to liquidate long positions before a new high [2] Technical Indicators - The analysis uses Fibonacci retracement levels (0.618%, 0.66%, 0.786%) to identify potential resistance areas [1] - The report highlights a bearish divergence based on CVD (Cumulative Volume Delta) analysis, signaling potential weakness in the rally [1] - MACD (Moving Average Convergence Divergence) is used to compare current market conditions with historical patterns, identifying potential similarities and future trends [2] - The analysis notes that a large number of long positions (146 million, 18 million, 85 million) may indicate an overbought condition [1] Risk Management - The report advises caution due to potential market volatility and the possibility of unexpected events, such as geopolitical tensions, impacting the market [2] - The analysis emphasizes the importance of having a clear trading plan and adhering to stop-loss orders to manage risk [2]