Bitcoin surged strongly in the early morning, and our high leverage strategy was unfortunately stopped out. Ethereum was also unfortunate, missing by one point, which could have yielded a profit of 60 points. Regrettably stopped out.
After the daily update, Bitcoin relies on MA5 and the 10-day moving average for resonance upward. The MACD and KDJ indicators have recently shown a decrease in volume while rising (the indicators are somewhat unusual), and the TD has reached TD4. As long as the intraday Bitcoin price does not break below the MA5 moving average, the upward trend will not be broken. Therefore, it is only a matter of time before the TD indicator moves to TD5, TD6, and TD7. Breaking through the 110,000 mark is also just around the corner.
Currently, the 4-hour MA5, 10, and 30-day moving averages are maintaining a resonance upward trend. The middle band is also continuously rising, adding momentum to the bullish trend. Combined with the hourly chart, the current overall trend of Bitcoin leans toward a slight resonance upward, with short-term showing slight pullback sentiment. Therefore, we will follow the trend and maintain a low buy strategy on pullbacks today.
Trading strategy: Buy at 105500; add to position at 104500; target: 107000-108000; stop loss: 104000.
Ethereum was strongly driven by Bitcoin to show a rebound sentiment in the early morning. Currently, the overall trend is basically synchronized with Bitcoin, but the upward trend and momentum are somewhat weaker. Therefore, we will follow the trend and maintain a low buy strategy on pullbacks today.
Trading strategy: Buy at 2530, add to position at 2480; target: 2580-2630; stop loss: 2460.
For the short-term trend, it is expected to be sufficient, and I will continue to follow up later.#BTC挑战11万大关 #美国加征关税 #币安Alpha上新