$BTC $ETH Market Analysis - Old Nine Songs

On the 20th, today cannot recover 115, so the main trend for the next week will be bearish.

Breaking the trend for the third day, the bulls originally belonged to the counter-trend. We can only take short positions, not looking for new highs. Unless we recover 1183 this week, the main bullish area, otherwise the bulls will be crushed by the bears!

The neckline is the sky; time will become the trend of space!

Once the neckline is broken, there should be a rebound to short.

As we approach the end of the month, following the law of the first week's low at the beginning of the month, the next 10-15 days will be mainly bearish.

Daily line divergence, moving averages remain constant (1148 has been reached, 1104 is on the way, and the ultimate target is still 105)

The above three items are my trend principles for trading. This time, the short position of 123 only made $3000, exited too early; this bull market had only one instance of making ten thousand dollars in less than a week, so I didn’t adapt well. Therefore, I have been taking long positions for these three days. This goes against the trend ~ this needs to be reviewed.

Next, I will adjust my strategy and start taking a few short positions. At the beginning of the month, I will look for long positions again.

Intraday resistance for BTC is 1143-1152.

Intraday resistance for ETH is 4225-4280.

SOL is a spot entry at 158, and in principle, I am looking at 220-243. Since it hasn’t reached this month, we will look at next month. If the daily line really enters the sea, I will give up. Because of the divergence and breaking below support, it basically won’t be a bear market, but it will mainly drop for a long time! BTC is the same.