Daily K-line Trend Analysis: Bitcoin closed yesterday with a large bullish candlestick and sufficient trading volume. The MACD shows a signal of weakening bearish momentum, with clear signs of a bottom already appearing. The technical aspect has completely turned bullish, forming a standard bullish engulfing pattern. Based on news analysis, it is highly likely to maintain an upward trend within the week, and even if there is a second exploration, it may be postponed until the weekend. Currently, one should seize the opportunity to go long while preparing for potential changes over the weekend. #鲍威尔半年度货币政策证词 #以色列伊朗冲突
ETH Ethereum Wave Theory guides the next wave peak to go long, 2,520 backward pressure point for small position to take a pullback.
Previous Review: Bottom-fishing strategy was highly successful, with multiple points accurately grasped. The strong support area of 98,100 was predicted accurately, and during the live broadcast, multiple members made substantial profits on long positions at 98,400 and 98,900. Ethereum's 2,111 bottom-fishing position performed impressively, rising straight to 2,430 (second target). During the live broadcast, a short was made at the 2,430 resistance level, yielding a slight profit with a pullback of nearly 70 points.
Resistance Level 1: 107,600 (1.13 false breakout position + bearish bat + 0.786 position triple overlap, small position to short)
Support Level 1: 103,000 (Bullish engulfing midline, key support at the daily level)
Support Level 2: 102,600 (Hour level first wave peak, high cost-performance long position in wave structure, stop-loss condition: hour level breaks the first wave peak)
Support Level 3: 97,500 (Backup bottom-fishing position, to prevent sudden news causing a waterfall)
Ethereum Pressure: 2,520 (Wave theory deduction, logic deduction of five-wave decline, corresponding to previous support levels of 2,073 and 1,950 overlapping)$BTC
For more detailed point analysis, please watch today's market analysis video, which contains a detailed explanation! Follow Aleng to study K-lines, and we will meet at the peak together! Pay attention to avoid getting lost, and get daily updates on the latest point interpretations!