The weekend trading situation is not significant, but that doesn't mean there is none. What is tested is the sense of the market and the ability to seize opportunities. Grasp the rhythm and find the right range; there will definitely be no shortage of operable spaces. At midnight, we provided a trading script, indicating to enter at 117800 and look down to 116500, and enter at 4450 and look down to 4360. These have basically been fulfilled, and keeping up with the rhythm to earn some money for a midnight snack or breakfast is definitely not a problem. As we enter the daytime trading, the volatility of the market is further narrowing. If you want to gain something, you can continue to pay attention to the Xiangyu strategy, and I will follow up in real-time. You are welcome to discuss together.
From the current market perspective, after the second dip below the low at midnight, the price of Bitcoin and Ethereum quickly stabilized and rose, then entered a correction trend again, which is basically consistent with yesterday's rhythm, and everyone should be relatively familiar with it. From the daily level, the market continues to exhibit a weak downward trend, with previous long positions continuously retreating. The 30-day moving average provides some support, although it has been pierced twice, it has quickly recovered. To achieve an effective break, further accumulation of momentum is still needed. From the four-hour level, Bitcoin shows a step-by-step downward staircase pattern. As the weekend market closure approaches, both sides of the trading volume have contracted, but the advantage of the market head is still relatively obvious. The market should focus on the break of the 117800 line - this position is the starting point of stabilization and rebound from yesterday morning, and with last night's downward break, it has turned from a support level into a short-term resistance level, which can be considered as the primary follow-up point for trading. From the hourly level, the market mainly adjusts with fragmented candles, and trading is in a tug-of-war. Although the price shows three consecutive bullish candles, it lacks volume support, and the continuity is expected to be weak. Therefore, the strategy of entering trades is still maintained.
Bitcoin: 117800~118200 entry, look down to 116500. #加密市场回调 #山寨季何时到来? #机构疯抢以太坊 $BTC $ETH