Hello everyone, I am Gu Yue. Yesterday, in the article, I mentioned that the bottom was fully formed, and the bulls began to counterattack. Yesterday morning, the price of Bitcoin was still around $90,000, and today it has already broken through $105,000. It peaked at $106,000, with a rise of 7,000 points from yesterday to today. We can say that the market is very significant, and Ethereum also rose by over $250, with a profit margin of about 8 times. Those who were able to grasp this can be said to have filled their pockets.
Technical Analysis
From the current trend, the hourly and four-hour lines have reached the upper Bollinger Bands pressure. Bitcoin at $105,600 is in a position of upper pressure, and Ethereum at $2,420 is also under pressure. The short-term pressure cannot continue to break upwards. Currently, the upper pressure is beginning to gradually pull back, and the MACD red energy bar is gradually shrinking. The afternoon market will undergo a slight pullback, with support at $103,800 for Bitcoin and at $2,300 for Ethereum.
Trading Suggestions
Short Bitcoin around $105,200 with a target of $103,800-$103,500
Short Ethereum around $2,400 with a target of $2,350-$2,300
There are many types of investment; it is important to choose what suits you. There are many paths, and choosing the right guide is crucial. I am Gu Yue, interpreting world economic news, analyzing global investment trends, providing daily market trend analysis, offering you the latest trading strategy ideas, and providing professional investment consulting services to help you reach the peak of financial management.
This article only represents personal opinions and is for reference only. It should not be used as a basis for actual operations, as market fluctuations are unpredictable, and profits and losses are the responsibility of the individual. #比特币