Market Trend Analysis - Bitcoin might have played out a price trap, rejecting from a crucial resistance line, similar to what was observed in February-March [1][2] - Expect continued weakness in Bitcoin over the next few weeks or one month due to lacking bullish momentum and a larger bearish divergence on the weekly chart [4][7] - Bitcoin's last chance to break above the ascending resistance line at approximately 110,000 USD; failure to do so suggests a further pullback in the short term [9][12] - Ethereum is getting extremely close to confirming a break to the downside below the support area of 3,900 USD to 4,100 USD [34] - Solana is perfectly rejecting from resistance between 190 USD to 200 USD, with support expected between 170 USD to 175 USD [39][40] - XRP is playing out a massive bearish divergence on larger time frames, indicating a likely major pullback in the next few months [42] - Chainlink is technically within a bearish trend, forming lower highs and lower lows, but playing out a short-term bullish relief due to a bullish divergence [48][49] Trading Strategy and Risk Management - The current Bitcoin trading strategy is designed to profit regardless of price movement, as long as Bitcoin doesn't drop in a straight line below 70,000 USD, with a liquidation price around 43,000 USD [15][16] - The trading strategy involves a grid bot that buys more Bitcoin at lower prices and automatically places sell orders above the purchase price to take profit on bounces [18] - Bitcoin has a lot of liquidity above the current price around 112,000 USD and 116,000 USD, suggesting potential targets for bullish moves [25] Exchange Promotions - Pionex offers bonuses for new accounts made through specific links, including a 50 USDT bonus for completing KYC and deposit bonuses up to 1,000 USDT [23] - Two Bit exchange offers bonuses up to 10,000 USDT in trial funds and 8,000 USDT in withdrawable stablecoins for new accounts made through a specific link, along with a free 30 USDT bonus and one month free VIP3 upgrade without deposits or trades [28][29]