37Degrees

#btc
1/ There are two key yellow support lines
The one below:
Confirms a downtrend after a peak (post-December 19), and represents the average cost basis during the consolidation phase. The latest cost is around 74,760.
The current price just below this cost basis, which is the second time in these two months of consolidation that the price has touched this level (the two red circles in the chart), and it has not yet broken through.
The one above:
Represents the average cost basis since the highest point (October 6), with a price of 85k.
2/ Today’s price surged significantly, but

#btc
1/ There are two key yellow cost lines
The one below:
Indicates a confirmed downtrend from the high point (after December 19), and represents the average holding cost after entering consolidation. The latest cost price is around 74,760.
The current coin price just below this cost, which is also the second time in these two months of consolidation that the price has touched the cost (the two red circles in the chart), and has not yet broken through.
The one above:
Represents the average holding cost since the highest point (October 6), with a price of 85k.
2/ Today’s price su

#BTC Induced Buying
Price rises, and the bulls have already run away, it's strange
Weekly chart shows a golden cross below the water, still has some energy, the bull fee rate is around 10% annually, neither high nor low
Most likely a trap to lure more buyers, price increases, but long positions haven't increased and some have already exited, overall longs are still too heavy, it's almost time for a kill
Bear market fluctuations are just about using contracts to wash out liquidity repeatedly, once washed out sufficiently, it will move to the next level
Derivatives like contracts can b

#RAVE Explosive 40x Surge, Seizing the Spotlight
Is this a big opportunity?
Let me explain in plain language how they cut leeks, similar to #siren #sto's tactics:
Step 1: Receive enough chips, with a very high control rate, collaborating in advance with some KOLs
Step 2: Gradually build up contract long positions, while the spot price rapidly jumps 10x in a very short time, until the fee rate exceeds an annualized negative 1000%
The project is already in a deep bear market, bottomed out, the project team has collected enough chips, control rate exceeds 90%, liquidity is very thin, on

#RAVE Explosive 40x Surge, Catching the Wave
Is this a big opportunity?
Let me explain in plain language how they cut the leeks, similar to #siren #sto's tactics:
Step 1: Receive enough chips, with a very high control rate, collaborating in advance with some KOLs
Step 2: Gradually build up contract long positions, while the spot price rapidly surges 10 times in a very short period, until the fee rate exceeds an annualized negative 100%
The project is already in a deep bear market, bottomed out, the project team has collected enough chips, control rate exceeds 90%, liquidity is very t

There are really many KOLs showing off their vacation requests now! I can't stand it anymore, someday I'll crush them one by one! They make the industry chaotic, spreading anxiety, and what's the difference between this and scams in Myanmar.
The picture below, many people discussed it today and even sent it to me. Just verify with AI or do some calculations and you'll know it's fake. Here's the conclusion:
**Conclusion**:
The PNL numbers and "opening price - mark price × quantity" **don't match**.
In real trading software, these two values must be strictly consistent (unless there's a

There are still people shouting #BTC bull run, breaking 80k, filling the 81K and 84K CME gaps, 90k, let me briefly analyze:
1/ Contract trading is 10 times the spot, and prices are dominated by contracts
2/ Comparison of liquidation strength with unit price movement
Up 1000, liquidation of 180 million
Down 1000, liquidation of 380 million
Up 2000, liquidation of 190 million
Down 2000, liquidation of 730 million
3/ Macro, combined with this month's dollar liquidity tightening, and the uncertainty of war
4/ Price, having experienced daily overbought conditions, now at the upper end of the consol

Over the weekend, I noticed a significant decrease in volatility, so I bought a long strangle wide spread option, betting on volatility increasing.
Just checked, and with today's drop, volatility has started to rise from 42% to 46%, so the market volatility next week is not expected to be too small.
Additionally, using a put spread + 1.7x leverage on contracts to short Bitcoin and the "mistress" price.
One hand going long on volatility
One hand going short on price
Both strategies in play
Both strategies solid
😌😌😌😌

CZ 1011 Toll Station

Everyone likes gossip, so I'll talk a bit too. I usually don't enjoy gossip, but that doesn't stop me from being a walking fossil of gossip, after all