Cryptocurrency Trends: Yesterday's perfect prediction of a strong trend, where will today's day trading go?

Recently, I've been studying Buffett and came across a saying that I want to share: The first rule of value investing is to not lose money (which means always protect your principal), and the second rule is to remember the first rule.

If your current investment situation is not ideal, feel free to communicate with me; strategies are updated in real-time, combining intraday short trades and medium-term layouts. Anyone involved in investing is a kindred spirit, and I welcome everyone to explore the essence of trading together with Cryptocurrency Trends!

Market Analysis:

BTC: In yesterday's daytime article, we mentioned the need to be cautious of a strong trend coming. Our actual trading group indeed benefited from this wave of profits. Looking at today's hourly chart, after Bitcoin broke the 104000 level, the trend changed from bullish to bearish. Based on the resistance [104400--105300] and support [101400--102400] levels provided, the current price is around 101900. We can focus on the support level at 101400; if it holds, we will enter long positions, and if it breaks and stabilizes, we will look to short. Specific operations will be provided in the group.

ETH:

Ethereum gave the impression yesterday that it couldn't fall. However, with Bitcoin's continued decline, Ethereum couldn't hold on in the morning and dropped directly by nearly 200 points. We also provided real-time resistance and support levels: the upper resistance range is 2540--2630, and the lower support range is 2290--2380. Overall, we will operate within this range, buying low and selling high; specific points will be provided in the group. Remember to set stop losses when trading.

Market trends are rapidly changing; strategies are for reference only, and short-term operations will have real-time alerts. The specific operation points will be indicated on the minute chart, so friends in need can follow me.

Messages may have delays, and strategic suggestions are for reference only; specific operations depend on real-time market data. For more information, please consult the author.

Plan your investments reasonably and avoid making emotional trades. Don't let profit cloud your judgment and blindly place orders. The market is unpredictable, with many factors affecting market trends; in short-term trading, do not be fixated on target points.