Morning reminder strategy, the market has arrived as expected, Bitcoin has reached 1700 points; Ethereum has reached 74 points🔥
Simply believe and sail through the waves with excellent people! $ETH $BTC
7.2 Morning Silk Road Analysis
Yesterday, the big pie once again moved downward, currently rebounding after reaching the low area of 105200, now at the 105700 area. In recent thinking, Wanbing $BTC $ETH has always maintained a bearish outlook, continuously arranging empty orders during the day. Friends who kept up with the rhythm have already made a good profit. The reasoning has always been publicly transparent in advance, and the market has been very strong, fulfilling the provided strategies!
First, from the daily price structure, the K-line is overall operating in a box-like oscillation rhythm at a high level, with a wide-ranging back-and-forth movement, without too much one-sided action. Secondly, from the short-term price movement, it is currently obvious that the daily line is under upward pressure and has retreated, indicating a bearish short-term trend. However, it is important to note that the hourly line has a significant decline, and there will be a rebound correction action in the short term. Overall, the trend is bearish, but attention should be paid to the rebound in the short term. Therefore, one can first focus on the rebound correction during the day, and there will be an opportunity in the evening to arrange for short positions!
Big Pie: 1055-1050 for long, target focus on 1065-1075 line
Ethereum: 2400-2380 for long, target focus on 2450-2500 line
Yesterday, the big pie once again moved downward, currently rebounding after reaching the low area of 105200, now at the 105700 area. In recent thinking, Wanbing $BTC $ETH has always maintained a bearish outlook, continuously arranging empty orders during the day. Friends who kept up with the rhythm have already made a good profit. The reasoning has always been publicly transparent in advance, and the market has been very strong, fulfilling the provided strategies!
First, from the daily price structure, the K-line is overall operating in a box-like oscillation rhythm at a high level, with a wide-ranging back-and-forth movement, without too much one-sided action. Secondly, from the short-term price movement, it is currently obvious that the daily line is under upward pressure and has retreated, indicating a bearish short-term trend. However, it is important to note that the hourly line has a significant decline, and there will be a rebound correction action in the short term. Overall, the trend is bearish, but attention should be paid to the rebound in the short term. Therefore, one can first focus on the rebound correction during the day, and there will be an opportunity in the evening to arrange for short positions!
Big Pie: 1055-1050 for long, target focus on 1065-1075 line
Ethereum: 2400-2380 for long, target focus on 2450-2500 line
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
108,930.89
+3.32%
ETH
2,576.46
+7.26%