$BTC

Early Sunday morning analysis of Bitcoin and Ethereum's latest strategies

Are you still complaining it's tiring to make money in this market? Some people probably have never seen what it means to follow the trend. Today's market presents a parabolic shape, with the dominant force being K-line. We have publicly called for K-line since the morning, leading our students to steadily secure six trades—three trades on Bitcoin yielding 4172 points and Ethereum gaining 162 points, and this profit was as easy as drinking water. For those who didn't keep up, stop pretending to be asleep; it's not the market's complexity, it's your own lack of insight that prevents you from catching up.

Looking at the current market, the daily chart shows a six consecutive downward trend and is operating below the lower track. Overall, the sentiment is low, and market dominance has once again fallen into K-line's hands. The K-line trend on the daily level continues to deepen; even though there are signs of a rebound, it cannot change the K-line trend. Ethereum’s one-hour chart shows weakness, with no support below; K-line is moving smoothly, and the weakness is difficult to reverse quickly. The market cannot recover lost ground swiftly, so in the future, just follow the trend and directly trade K-line. If you hit the rhythm point and seize the key positions, making a profit and doubling your capital will be a natural outcome.

Early Sunday morning strategy: Bitcoin 112500-112800 K-line, target around 111000. Ethereum 3420-3440 K-line, target around 3300.