BTC
Price trend: The current Bitcoin price has support around 114,605 and has rebounded to around 116300. The price has shown some fluctuations in the short term and is below the moving average, indicating potential bearish pressure in the market. If it breaks the MA(25) at 117,280, a rebound may occur.
Short-term moving average (MA7): 115883, the price is just close to MA7, with significant downward pressure. If the price breaks below around 115883, it may continue to retrace.
Medium-term moving average (MA25): 117280, the price is under pressure at this level, if it breaks above, it may trigger an upward trend.
Long-term moving average (MA99): 117025, if the price breaks and stabilizes above this level, it may indicate a shift to a bullish trend.
1. Short strategy:
Entry timing: If the Bitcoin price breaks below 115200, especially near the support level of 114,605, consider opening a short position.
Stop loss setting: Stop loss can be set at 117500 to prevent price rebound.
Take profit position: take half around 110,000-112,000.
2. Long strategy:
Entry timing: If the Bitcoin price breaks 117280 and further breaks 117599, place orders at 116500, 117200, or buy at market price.
Stop loss setting: stop loss can be set around 115400.
Take profit position: close half between 118500 and 125000.
The remaining half can be placed at 150000, just set the breakeven loss.
SOL
Current price: 182.85
24-hour highest price: 191.26
24-hour lowest price: 179.84
Price trend: The current price is near 183.45 (MA7), showing some downward pressure. If the price continues to break below MA7, it may continue to decline.
Short-term moving average (MA7) 183.45, if the price breaks below this moving average, it may continue to decline in the short term.
Medium-term moving average (MA25): 188.38, if the price breaks this moving average, a rebound may occur.
Long-term moving average (MA99): 179.44, if the price breaks below this support level, it may further decline.
1. Short strategy:
Entry timing: If the price breaks below 183.45 and approaches 179.84, if 185 rebounds and is pushed back, confirming pressure, gradually build positions between 180-185.
Stop loss setting: stop loss can be set near 188.38.
Take profit position: close half at 175 and 161 respectively
2. Long strategy:
Entry timing: If the price breaks 188.38 and rises close to 191.26 for a pullback confirmation, a buy order at 185 can be placed.
Stop loss setting: set the stop loss below 179.44 to avoid downside risk.
Take profit position: take 1/3 at 200 to 208, take 1/3 at 290, let the remaining run, target 500.
Three, ETH
24-hour highest price: 4480
24-hour lowest price: 4224
Price trend: The current price is near 4331 (MA7), but still below 4440, the price has not effectively broken through, and there is short-term downside risk.
Short-term moving average (MA7) 4331, if the price breaks below this moving average, it may further retrace.
Medium-term moving average (MA25) 4440, if the price breaks this moving average, a rebound may occur.
Long-term moving average (MA99) 4120, if the price breaks below this level, a significant retracement may occur.
1. Short strategy:
Entry timing: If the price breaks below 4331 and falls to around 4224 (24-hour lowest price), if the rebound is weak, consider entering short at around 4275.
Stop loss setting: set the stop loss near 4440.
Take profit position: take profit at 4120 has fully closed, Ethereum is not very suitable for long shorts.
2. Long strategy:
Entry timing: If the price breaks 4440 and further breaks 4480, don't rush to chase the high. Wait for a pullback to around 4330 to place a buy order. If it can't fly in one go, getting support near 4330 can also be a market price buy, remember not to chase the high.
Stop loss setting: set the stop loss below 4224, Ethereum needs an additional 20 points to prevent pinpoint loss.
Target position: target price can be set in the range of 4,600.00-4,650.00 to take 1/3 profit in the first range, 4850 to take another 1/3 in the second range, let the remaining run, target around 5600.
Short-term does not recommend a medium-term trend short, can maintain short-term shorts, with a main focus on medium-term long trends.
Risk management: before any opening of positions, ensure that the stop loss is set reasonably, and adjust strategies flexibly according to market changes.
