IronMask

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$BTC The Bitcoin market has been extremely volatile over the past two weeks, deviating significantly from expectations. So I have temporarily exited the market to adjust my mindset, and I have now re-entered. Thank you for waiting.
First, to conclude, based on experience, I believe Bitcoin still has one last drop. There are two reasons: first, such a short bear bottom is unlikely; second, the structure and accumulation zone are not similar.
Most of the orders I send afterward are influenced by this judgment, and everyone can decide whether to follow or not.
Below is a trade I am current
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IronMask:
The most watched part is that the bulls and bears are currently tearing each other apart near our opening price, indicating that the level is still quite precise and worth betting on.
$BTC This afternoon, a warning from the market sentiment prompted a timely capital preservation exit from Bitcoin, avoiding the deadly dip below 2400 points. Currently, Bitcoin is weak and consolidating, which is a trivial level. Since our principal remains intact, we should continue to stay calm and wait for retail investors to be overwhelmed by the pain before re-entering the market.
At the moment, I believe the mid-term consolidation lasting over a month is nearing its end. Based on personal experience, the opportunity to bet on the final dip of the bear market has arrived. Please keep t
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IronMask:
The small profitable trades have already been closed with guaranteed profits. To satisfy the curiosity, let's chat briefly. Next, wait for the long-term short entry point.
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$BTC The previous Bitcoin order at 68,800 has already exited near the cost basis. When I was monitoring the market, I noticed that Bitcoin's upward momentum is very weak, and the rebound is far less than expected. Risk avoidance should come first. I will continue to look for trading opportunities. Thank you for your attention.
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$BTC Order reason: Following yesterday evening's sharp decline in Bitcoin, the price was supported around 68,100 in the early morning. Additionally, it closed four consecutive hourly doji candles above the 68,400 level. Such a pattern during a downtrend usually indicates exhausted bearish momentum and suggests a rebound.
Recommendation: Go long around 68,800
Take profit: 69,500
Stop loss: 68,400
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IronMask:
This order exited near the cost level, and the willingness to push higher is not strong. The risk of another decline is significant.
$BTC Today's Bitcoin short position at 70,000 was fully closed at 69,000 this noon, resulting in a total profit of 1,000 points. I will continue to watch for trading opportunities. Thank you for your attention.
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$BTC Reason for opening the position: Bitcoin breaks below the neckline at 70,500, forming a double top on the hourly chart. If the price tests higher again, trapped longs will close near the neckline, turning support into resistance.
Suggestion: Short around 70,000
Take profit: 69,000
Stop loss: 70,600
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IronMask:
This trade ultimately closed with a 1,000-point profit. Thank you for your attention.
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$BTC Bitcoin hit a low of around 70500 last night and did not touch the stop loss at 70300, so our long position at 70800 remains firmly held, targeting 72500.
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IronMask:
This trade ultimately closed with a loss of 500 points, with a maximum unrealized profit of 1200 points, but Bitcoin did not fill the gap near 72,500 as expected. I will keep an eye out for the next trading opportunity. Thanks for your attention.
$BTC Reason for opening the position: After Bitcoin broke below the 70000-71800 consolidation zone last night, it quickly made a V-shaped rebound and recovered, and AMD beat expectations
Recommendation: Go long near 70800
Take profit: 72500
Stop loss: 70300
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IronMask:
Currently 100 points above cost price. The hourly close at resistance looks ugly. Conservative traders should go directly with cost price; those who aren't afraid of stop losses can continue holding with me.
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