The early trading session showed good profit potential for BTC. Yesterday morning, Bitcoin completed a bearish Cypher pattern, followed by a rebound triggered at point D. We entered long positions at 8.72, ultimately taking a profit of 1400 points and successfully exiting at the T1 target level. The T2 position remains held to protect profits and defend against downside risk.



From the market perspective, Bitcoin has been oscillating within this range. Interestingly, each bottom and top is gradually moving higher. This indicates that we can continue to perform high sell and low buy operations within this upward oscillating channel.

For friends holding long positions, it is recommended to continue holding the position. If you do not have a position for now, consider entering a long position at 8.77 (the 0.618 Fibonacci level), with a stop loss set at 8.65. The upper target levels are 8.89 and 8.96. Additionally, a short position can be placed at 9.02, with a stop loss at 9.2, aiming for retracements to 8.85 and 8.75.

This is for market reference only and does not constitute trading advice.
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TopBuyerBottomSellervip
· 3h ago
1400 points to exit, I need to learn this operation 2. Fibonacci again, is this thing really that accurate? 3. Talking about high selling and low buying easily, but in practice, you're just getting trapped 4. Holding position? My position was already gone haha 5. The bottom and top keep moving up each time, feels like it's about to break 6. Setting a short position at 9.02 is a bit exciting, I wouldn't dare 7. This rhythm of Bitcoin, I always feel a change is coming 8. The Seifu pattern is rebounding, can I use this move again next time? 9. T2 capital preservation defense, I admire this mindset 10. Setting a stop loss at 8.65 is too tight, easy to be swept out
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ResearchChadButBrokevip
· 3h ago
Breaking 1400 points, your courage is really small haha --- It's Fibonacci again, and D point again, my head hurts listening to it --- Holding position? I cut my losses long ago, brother, let's wait and see --- Talking about high selling and low buying easily, but in practice, you're just trapped --- Can this wave reach 8.96? I think it's uncertain --- A 1400-point gain is really good, but unfortunately I always miss the timing --- The original poster has good skills, just not sure how the next market will behave --- Talking about pattern theory again, it feels like this stuff is becoming less and less reliable --- I like the move of continuing to hold position at T2, a conservative approach --- Short position buried at 9.02, betting that the rebound won't break the top
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BoredApeResistancevip
· 3h ago
1. Just left at 1400 points, so brave. 2. It's Fibonacci again, will it work this time? 3. Saying to buy high and sell low is easy, but my hands tremble when actually trading. 4. Wait, the bottom and top are both moving up, isn't that a rise? Why still short? 5. I just want to know if anyone has really set their stop-loss according to this. 6. The oscillation channel sounds good, but I always buy at the top. 7. Enter at 8.77? I bet five dollars it will break 8.65. 8. T2 capital preservation defense is indeed stable, but you can't make money. 9. Every time I see such precise levels, I want to laugh. 10. The short position is lurking at 9.02, is this a bet on a reversal?
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FallingLeafvip
· 4h ago
1. Sell at 1400 points, a steady player 2. This wave of oscillation channel is really attractive, selling high and buying low is so satisfying 3. The hold position camp says the pressure isn't big, just see if it can break 8.96 4. Fibonacci again, always hits the highest probability spots 5. Going short at 9.02? That's really brave, I prefer to play it safe 6. The morning session was indeed good, but I'm a bit anxious about whether it will crash later 7. Taking the profit at 1400, this mindset is good 8. Listening to "sell high and buy low" sounds simple, but actual operation is much harder 9. The bottom and top are both moving upward, what does this indicate? 10. Capital preservation and defense, experienced traders know what to do 11. If I hadn't seen this analysis, I might still be bottom fishing now 12. Fibonacci levels are always so magical, a victory of probability theory 13. Entering at 8.77 is a good opportunity, but I still need to watch the market 14. Just hold your position, don't overthink to avoid being stopped out 15. This analysis is a bit professional, not just casual talk
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