Bit-玖零
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Bullish
Happy Labor Day Holiday
BTC/ETH, focus on the continuation strength after breaking the resistance level upwards
Today's trading strategy remains unchanged, pay attention to pullback space in the short term
The market is in a box range fluctuation, the big coin's position at 93000 was cleared out in the morning after the US stock market closed, also giving everyone attention to whether the upper pressure level can be effectively broken and stabilized. If the bulls cannot continue to push up, exit decisively. Take profit on long positions around 97000, overall it is quite ideal. As for Ethereum, there’s no need to say much, the long position at 1750 took a profit of 100 points during yesterday's European session. In the evening, re-entered long positions at 1830, although not much was gained, if the situation is not right, one should run; do not be rigid!
From the daily view of the big coin, yesterday it closed with a red candle breaking above the 95500 resistance level. Looking at the 4-hour chart, in the short term, it is moving upwards along the MA5/10-day moving average. Based on this, it seems that the short-term market will still have a certain rebound space. After the close, the lowest point also pulled back to 96200, without probing down to the 95500 resistance level. This level has also formed a top-bottom conversion. In the evening, pay attention to whether the non-farm payroll can stimulate a trend in the market. If the trend cannot be determined, one must control their hands!
In terms of strategy, bullish around the 95500-96000 level, with attention to 97400 above. If broken, the bulls will continue and can focus on 98500/99500, which is generally a position for short layout.
From the daily view of Ethereum, yesterday it closed with a small bullish candle testing the daily MA60 moving average resistance level at 1830. Currently, the price is above 1830, pay attention to whether the price can consistently stabilize above 1830. If it stabilizes, it will maintain a bullish trend with fluctuations; otherwise, it will continue to adjust with narrow fluctuations. The strategy revolves around long at 1810, adding long at 1750, with attention to 1870/1900 above.
In the evening, pay attention to the non-farm payroll, do a good job of risk control and position management, see you in the live broadcast room tonight.
BTC/ETH, focus on the continuation strength after breaking the resistance level upwards
Today's trading strategy remains unchanged, pay attention to pullback space in the short term
The market is in a box range fluctuation, the big coin's position at 93000 was cleared out in the morning after the US stock market closed, also giving everyone attention to whether the upper pressure level can be effectively broken and stabilized. If the bulls cannot continue to push up, exit decisively. Take profit on long positions around 97000, overall it is quite ideal. As for Ethereum, there’s no need to say much, the long position at 1750 took a profit of 100 points during yesterday's European session. In the evening, re-entered long positions at 1830, although not much was gained, if the situation is not right, one should run; do not be rigid!
From the daily view of the big coin, yesterday it closed with a red candle breaking above the 95500 resistance level. Looking at the 4-hour chart, in the short term, it is moving upwards along the MA5/10-day moving average. Based on this, it seems that the short-term market will still have a certain rebound space. After the close, the lowest point also pulled back to 96200, without probing down to the 95500 resistance level. This level has also formed a top-bottom conversion. In the evening, pay attention to whether the non-farm payroll can stimulate a trend in the market. If the trend cannot be determined, one must control their hands!
In terms of strategy, bullish around the 95500-96000 level, with attention to 97400 above. If broken, the bulls will continue and can focus on 98500/99500, which is generally a position for short layout.
From the daily view of Ethereum, yesterday it closed with a small bullish candle testing the daily MA60 moving average resistance level at 1830. Currently, the price is above 1830, pay attention to whether the price can consistently stabilize above 1830. If it stabilizes, it will maintain a bullish trend with fluctuations; otherwise, it will continue to adjust with narrow fluctuations. The strategy revolves around long at 1810, adding long at 1750, with attention to 1870/1900 above.
In the evening, pay attention to the non-farm payroll, do a good job of risk control and position management, see you in the live broadcast room tonight.
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