Monday Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions
Reviewing the morning's low long strategy, Lao Tian mentioned to confirm the bottom before laying out long positions. The actual market, as expected, stabilized after a pullback to around the 105000 line and began to rebound. We simultaneously took profit at 738 points distance in the actual market. In the afternoon, we continue to maintain the strategy of buying on pullbacks. The real market is oscillating around the 105800 line, short-term at a relatively high position. Lao Tian does not recommend blindly chasing long positions again. Aggressive traders can take a light position for a short term. If the price breaks up above 106500, we can still reverse to catch a short position later.
Bitcoin has stabilized and rebounded from the low of around 102600 on the 4-hour chart. After a short-term increase in volume, the upward momentum has slightly slowed, and the rhythm has shifted from strong upward to oscillating and retracing. The market is moving in a way that simultaneously organizes and corrects. Moving forward, there will be repeated high tests followed by pullbacks, with short-term fluctuations, building momentum for the medium-term trend. The short-term rhythm is a step back and forth, combining yesterday's movements, with extremely short-term operations responding, timing operations, oscillation first, trend later. Currently, there are no signs of a unilateral trend; focus on capturing the high and low ranges. Short-term caution is needed for a slow rise followed by a high test and pullback.
Trading Suggestions:
Bitcoin: Buy in the 104500-105000 range, target 106500.
Ethereum: Buy in the 2520-2540 range, target 2600.
#美国加征关税
Reviewing the morning's low long strategy, Lao Tian mentioned to confirm the bottom before laying out long positions. The actual market, as expected, stabilized after a pullback to around the 105000 line and began to rebound. We simultaneously took profit at 738 points distance in the actual market. In the afternoon, we continue to maintain the strategy of buying on pullbacks. The real market is oscillating around the 105800 line, short-term at a relatively high position. Lao Tian does not recommend blindly chasing long positions again. Aggressive traders can take a light position for a short term. If the price breaks up above 106500, we can still reverse to catch a short position later.
Bitcoin has stabilized and rebounded from the low of around 102600 on the 4-hour chart. After a short-term increase in volume, the upward momentum has slightly slowed, and the rhythm has shifted from strong upward to oscillating and retracing. The market is moving in a way that simultaneously organizes and corrects. Moving forward, there will be repeated high tests followed by pullbacks, with short-term fluctuations, building momentum for the medium-term trend. The short-term rhythm is a step back and forth, combining yesterday's movements, with extremely short-term operations responding, timing operations, oscillation first, trend later. Currently, there are no signs of a unilateral trend; focus on capturing the high and low ranges. Short-term caution is needed for a slow rise followed by a high test and pullback.
Trading Suggestions:
Bitcoin: Buy in the 104500-105000 range, target 106500.
Ethereum: Buy in the 2520-2540 range, target 2600.
#美国加征关税
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BTC
107,671.83
+1.59%