The morning market has already unfolded, and Old Wang's strategy is once again validated. Although it only gained over 500 points before continuing to fall back, it then returned to the vicinity of 107500 for adjustment. However, Old Wang's grasp of the back-and-forth of long and short positions has led friends to achieve good gains. For those who did not keep up, I can only say that the market is not a lottery; it is a reading comprehension test. You see the candlestick chart like an ECG, panicking and cutting losses; I see the candlestick chart like a script, knowing where to enter and where to exit. Losing money? That's the price of failing the reading comprehension test. Old Wang has already given you the answers, yet you still doubt it, right!
Back to the real market, on the 6-hour level, the price is closely aligned with the middle band of the Bollinger Bands, and the Bollinger Bands have entered a narrow and stable oscillation range, with certain space available above and below. On the technical indicators, the red momentum bars of MACD continue to expand, and a golden cross has appeared. Although the bears still gradually dominate the market, KDJ has also shown a golden cross. The same situation applies on the 8-hour level, and the Bollinger Bands are entering a contraction trend. Therefore, the overall trend within the day is dominated by bears, but since the support levels at 106500 and 107000 are relatively close together, and without an effective breakthrough below the support level, Old Wang suggests continuing the morning strategy to pull back and look for long positions.
Operation Suggestions:
For Bitcoin, the range is between 106500-107000, with a target of 107800.
For Ether, the range is between 2430-2450, with a target of 2500#大而美法案 $BTC .