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Meow Sister's Log 15: A Restart After the Crash? Is Bitcoin Really About to Find a Direction This Time?

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Bitcoin has finally rebounded strongly in the last two days, as the trigger—the US government shutdown crisis—has temporarily ended.

The key to the market going forward is whether BTC can climb back above 110,000 .

✅ If it holds steady, hitting 120,000 or even a new high (ATH) in the next two months is not a dream;

❌ If it doesn't recover, there will be another round of price drops in the short term.

🪙 ETH Trading Strategy: Shorting Opportunities During Rebounds

Ethereum has broken through the 4-hour chart structure, with resistance around 3705 .

What I'm more concerned about is whether it will encounter resistance and fall back after reaching this position.

Based on the daily candlestick chart, the short-term trend is a short position with a 4H+1D timeframe .

Support is seen at 3460 ; a break below this level would indicate further downside, while holding above it would suggest a rebound.

Altcoin: AI is the main theme, and the pace is super fast.

The trend in this wave of knock-offs is actually quite clear – the AI ​​sector is the strongest .

Once the market rotation begins, it's very common for high-quality AI coins to increase tenfold in just a few days. But pay attention to the rhythm: most of the altcoins in this rebound experienced a "halving followed by a surge." Coins like ZEC, ZEN, and DASH rose against the trend for a month, while FIL, ICP, AIA, and ORDI also took off. AIA once surged 20 times, but then immediately retraced 70% the next day—absurdly fast, and the drop was even more severe.

The rotation effect between sectors is beginning to emerge, with speculative funds clearly digging into those "washed-out" cryptocurrencies for speculation.

This indicates that Zhuang has absorbed enough and is ready to reap the rewards from the short sellers.

In short: short altcoins now is riskier long.

💥 Short-term short squeeze = a signal before a bear market

The "dead cat bounce" in small-cap cryptocurrencies is actually a typical characteristic of the late stages of a bear market. While this surge has given the broader market a slight respite, caution is advised: without a sustained reversal, it's likely depleting the last vestiges of liquidity in the crypto.

Remember this: make your money and run; such a mindset only applies to the big players.

🧭 My strategy: Sell on rallies, quick in and quick out.

The current rebound in BTC and major cryptocurrencies is more of a correction after overselling; the trend hasn't completely reversed. My own strategy is simple:

  • Reduce your holdings on any rebound , seizing every opportunity to "get off at a short-term high".
  • For example, if BTC rebounds to around 106,500 , I will start selling. Don't fantasize that the bull market will last too long; the current market is more like a "false spring."

Positive news is brewing, but liquidity has not yet returned.

👀 Summary

The direction of BTC is not yet fully determined, ETH is bearish in the short term, and AI altcoins are moving at a rapid pace.

The market is still in a chaotic stage. The way to win is to avoid greed, be timid, and follow the trend.

The opportunity will be gone in the blink of an eye, everyone gather quickly!

Don't let hesitation delay your chance to make money, and don't get burned by worthless cryptocurrencies. Join Sister Miao and let's ride this bull market together!

Contact me via WeChat: Mixm5688

If you can't add the WeChat account above, please contact the author on the homepage! For added contact information, please add QQ: 3806326575

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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