Yesterday, the Radical Party's Bitcoin and Ethereum both hit their lows, with Bitcoin hitting a low of 105,614 and Ethereum matching the Monday article's 2,376. Amazing! Big gains!
The Conservative Party missed out on 3,000 dollars yesterday, but after the 4-hour MACD golden cross and breaking through 108,052, those who jumped in right away made as much as 1,500, getting a little taste.
【Three types of buying points for Bitcoin and Ethereum according to Chan's theory】Everyone can wait for the three types of buying points according to Chan's theory; there are explanations in the circle above.
After getting in, if Bitcoin breaks through 109,730 again and Ethereum hits 2,619 again, you can set your cost position for profit protection!
From the perspective of wave theory, both Ethereum and Bitcoin still need one more small wave to complete! Once it's done, you need to take profit and clear out!
Do not casually short Bitcoin and Ethereum before the completion of Bitcoin! Remember!
Yesterday, it was reminded that 105,100 is the bottom. The altcoins' drop was not enough; some rebounded without reaching new highs, while others allowed for new highs. If you haven't clarified the wave structure before the 4-hour MACD death cross and don't have a solid grasp, do not casually short Bitcoin, Ethereum, and altcoins, or you will suffer greatly!