Market Analysis - Bitcoin is currently consolidating within a narrow range, with potential for a breakout near the descending trendline [1] - The analyst suggests that 90% of Bitcoin's price action consists of slow consolidation, gradual increases, or gradual decreases, with only 10% characterized by rapid surges or declines [1] - The analyst notes that the funding rate on Bybit for Bitcoin USD coin-margined contracts has increased during the consolidation period, which may not be a positive sign [1] - A potential strategy involves waiting for a dip in the funding rate, possibly triggered by a drop below previous low points, before considering a long position upon a breakout [1] - Short-term trading opportunities exist within the hourly chart, involving shorting at parallel highs and longing after a breakdown and recovery [1] Trading Strategy - The analyst suggests short-term trading strategies involving shorting at parallel highs and longing after a breakdown and recovery, but cautions against holding positions for extended periods [1] - The analyst is waiting for a breakout of the descending trendline to consider a more sustained long position [1] - The analyst anticipates that a weekend breakout could lead to an interesting week ahead for Bitcoin [1]

Market Analysis - Bitcoin's price movement is currently experiencing low volatility due to the US Thanksgiving holiday, characterized by small trading volumes [1] - The analyst believes Bitcoin is still in an upward rebound phase, potentially reaching higher levels [1] - The funding rate is negative, which is considered a positive sign during this rebound [1] Technical Analysis - A potential AMD pattern (Accumulation, Manipulation, Distribution) is identified in a smaller timeframe, suggesting a possible consolidation phase followed by a move upwards to fill a gap, and then a downward trend [1] - The analysis suggests a scenario where Bitcoin might test previous highs, trigger stop-loss orders of short positions, and then decline [1] - The analyst will closely monitor for consolidation in smaller timeframes, followed by a test of the upper resistance levels [1] Trading Strategy - The analyst expresses a preference for increased market volatility as they return to work after a holiday, seeking clearer trading opportunities [1]

Market Analysis - The cryptocurrency market is currently experiencing a downtrend, with Bitcoin showing predominantly negative price action on the daily chart [1] - Bybit's Bitcoin USD perpetual funding rates are high, historically indicating limited potential for a significant upward reversal [1] - A substantial market rebound is not anticipated unless a period of intensely negative funding rates occurs, potentially signaling a short-term or medium-term buying opportunity [1] - From a weekly perspective, Bitcoin's price movement suggests a longer-term downward trajectory, potentially extending to lower price levels [1] - The analysis suggests that the current price action may represent the initial phase of a multi-wave downward correction [1] Trading Strategy - Short-term long positions should only be considered if smaller timeframe market structures shift favorably, accompanied by a pullback [1] - Scalping long positions are the only viable option for short-term trades in the absence of a broader market structure shift [1] - A potential support level exists at a lower price point, but a period of consolidation and market structure change is necessary before considering long positions [1] - A false breakout followed by a decline at a key resistance level could present an opportunity to add to short positions [1] Risk Assessment - Altcoins are likely to continue declining towards zero, emphasizing the importance of focusing on Bitcoin [1] - The U S stock market may be facing challenges, potentially exacerbating the downward pressure on Bitcoin [1]

Market Analysis - Bitcoin's daily chart shows a less-than-ideal close followed by a continued downward trend, cautioning against chasing highs at $120,000 due to potential pullbacks [1] - High trading volume during pullbacks, rather than a healthy reduction in volume, suggests significant selling pressure [1] - A large trading volume accompanying a failed breakout from a consolidation zone indicates potential large-scale selling [1] - Negative funding rates on Bybit Bitcoin USD perpetual contracts often signal a relative low point, while high funding rates suggest over-eagerness to chase highs, potentially leading to corrections [1] - The analyst is closely monitoring a specific level for a potential dip below followed by a quick recovery, which could present a long opportunity; failure to recover would raise concerns about market structure [1] Trading Strategy - The analyst suggests that a drop below a key low point, followed by a swift recovery, could be a buying opportunity, indicating a continuation of the upward trend [2] - The analyst is wary of shorting Bitcoin unless a clear breakdown and confirmation occur, preferring to wait for a confirmed bearish signal before taking a short position [2] - The analyst notes that many traders are currently shorting Bitcoin, and suggests that a break below a significant low could trigger more short selling, presenting an opportunity to take a contrarian long position [2] Altcoin Analysis - Ethereum appears slightly stronger than Bitcoin, with decent trading volume, but the analyst cautions that Ethereum outperforming Bitcoin while Bitcoin struggles is a potentially dangerous sign [2] - The analyst suggests that if Ethereum continues to rise, some altcoins may experience a rally, but the analyst is closely monitoring Bitcoin's ability to continue its upward trend [2]

Market Analysis & Bitcoin (BTC) - The analyst notes Bitcoin's (BTC) price surge, breaking the $100,000 - $110,000 resistance level, suggesting a potential support zone at that range if the market adapts to the $120,000 level [1] - Concerns arise regarding the lack of volume supporting the breakout, potentially leading to a MACD divergence on the weekly chart [1] - The analyst points out the high funding rates on Bybit's BTC perpetual contracts, indicating a crowded long position, which historically precedes corrections or consolidation [1][2] - The analyst suggests potential buying opportunities when funding rates are negative or when there is strong negative sentiment [1] Trading Strategy & Risk Management - The analyst expresses reluctance to chase the rally without a clear entry point, citing concerns about a potential "volume-less" surge [1] - The analyst anticipates a consolidation phase for Bitcoin (BTC), potentially testing lower support levels, and identifies a possible pullback target [1] - The analyst suggests that a break below the previous high point of 2878.54% on the Ethereum (ETH) chart would trigger a short position [2] - The analyst emphasizes the importance of monitoring order book data on Bybit's BTC perpetual contracts to identify potential bearish divergences [2] Ethereum (ETH) Analysis - Ethereum (ETH) has touched the 0.618% Fibonacci retracement level, and its ability to hold above the previous high is crucial for further upside [2] - The analyst notes a successful sweep of lows on Ethereum (ETH) during the weekend, creating a potential long opportunity [2]

Market Analysis - Bitcoin's weekly chart suggests a strong bullish trend, potentially forming a continuation head and shoulders pattern, currently testing the neckline [1] - The analyst notes a VCP (Volatility Contraction Pattern) formation in Bitcoin, characterized by decreasing downward回调幅度 and shrinking成交量, indicating potential upward breakout [1] - Ethereum shows an AMD pattern (likely referring to a specific technical analysis pattern), with a three-stage upward expectation, currently approaching the 0.06% level [2] - Trump Coin (川普币) is showing a potential shift from a downtrend to an uptrend, but its stability is questionable due to its reliance on the former president's actions [2] Trading Strategy - The analyst suggests holding long positions if already in profit, and waiting for consolidation and potential stop-loss hunting before re-entering [1] - For Ethereum, the analyst advises against shorting unless it falls back below a certain level, suggesting a potential 5:1 or 4:1 profit-loss ratio for short positions if the pattern fails [2] - The analyst suggests caution due to high funding rates, indicating a potential pullback before further upward movement [2] Risk Management - The analyst emphasizes the importance of clear stop-loss levels, particularly for Ethereum trades [2] - The analyst advises against chasing the price at current levels, suggesting potential consolidation and better entry opportunities later [1][2] - The analyst suggests that if Bitcoin falls below a certain level without a quick rebound, it would be prudent to exit the position [2]

Market Analysis - Bitcoin's weekly chart shows a strong bullish signal after breaking previous lows to fill gaps, primarily aiming to liquidate leveraged positions [1] - The analysis suggests a potential ABC three-wave pattern with a C-wave target around $110,000 (11万) or even retesting the all-time high, contingent on the strength of the A-wave and funding rates [1] - Ethereum's (以太) price action is currently lagging behind Bitcoin, suggesting it's being driven more by Bitcoin's momentum than its own intrinsic strength [2] Trading Strategy - The analyst advises against shorting Bitcoin when the funding rate is negative, as this often precedes further upward movement [1] - The analyst suggests considering long positions on Bitcoin during pullbacks, especially near the daily chart's support levels, potentially around the 618% or 66% Fibonacci retracement levels [2] - The analyst suggests caution if Bitcoin quickly approaches and breaks the all-time high with high volume, indicating a potential fakeout and subsequent correction [2] Risk Assessment - The analyst expresses concern about a potential fake breakout at the all-time high, especially if accompanied by high trading volume, which could lead to a significant pullback [2] - The analyst notes that Ethereum (以太) may not be a strong buy currently due to its underperformance compared to Bitcoin and its dependence on Bitcoin's price action [2]