The market is always more noise than signal. Missing out on a move is not a loss; profits after you exit no longer belong to you. You don't have to participate in every candlestick, and not trading for a day is not a waste of time. Trading is a means, technology is a tool—they both serve the purpose of “making money.” Any game that strays from this original intention is just playing around. Nobody is born loving to stay up late, and no one is willing to suffer from insomnia. All the effort and hard work to make money deserves respect!

Hello everyone, I’m Trader Gege. Continuing from the previous article, on the day of the monthly and weekly close, BTC dipped down, then the next day made a strong V-shaped rebound. As mentioned before in previous articles, there was a high probability of a dip and then a rebound on the close. For short-term trades, I suggested going long around 83,600. The price briefly broke below 83,800, found support around 83,780, and then rebounded upwards. The strategy was just off by a bit, but the overall idea was correct. The strength and speed of the rebound were beyond expectations, and now there’s resistance around 94,000.

For mid- to long-term trial positions, my suggested entry point hasn't been reached yet—perhaps the market consensus is just too strong at the moment, so it's understandable that the entry hasn't been triggered. The current monthly and weekly candle wicks are within expectations, but bulls shouldn't celebrate too soon. The 95,000 level is the key short-term dividing line. The reasons were explained in the June 28 article, so I won’t repeat them here. Today’s article will briefly update the short-term outlook.

On the daily chart, the big red candle on the 1st was immediately followed by a rally at the next day’s open, fully recovering the previous day’s loss and moving above the middle band. However, the resistance from the bottom-top flip of the uptrend line remains, so shorting can be considered at this level. If there’s a strong breakout, the next dividing line will be the downtrend line resistance area—around 98,000–99,000. On the 4-hour chart, we see a W-bottom pattern, with 90,000 once again becoming short-term support. For short-term longs, pay close attention to this level; if it holds on a pullback, a long entry is possible.

In summary, for BTC short-term: go long around 90,800–90,500, and go short around 94,800–95,500. If there’s a strong rally breaking resistance, focus on finding new support on a pullback for long entries, then watch the key area of 98,000–99,000 for potential shorting. That’s all for today—if key levels break, I’ll update again.

These suggestions are for reference only—manage your risk when entering trades, set your own profit and stop-loss levels, and adjust your strategy as the market unfolds. You can consult for details.

Alright friends, that’s it for this issue. Wishing you more and more success, and a bright, smooth path in the crypto world! More real-time suggestions are available internally. This brief update ends here. For more real-time BTC and ETH suggestions, contact Gege.

Written by: I am Trader Gege, a friend willing to help you make a comeback #BTC #ETH #PI