10.3 Bitcoin and Ethereum market outlook analysis: Bitcoin hit the 62390 mark in the early morning and tried to break through, but unfortunately it peaked and then began to move down. At around 3 a.m., the price of the currency fell by 2,000 points and fell to a low of 60,000. It has to be said that the positive impact of the interest rate cut and the A-share forces is very large. Friends who hold spot goods should not be too pessimistic. The market is like this. Breaking through 100,000 must accumulate energy and then explode. Recently, the price has shown a significant correction at a high level, forming multiple negative lines, showing that the market has a large selling pressure. In the current MACD 4-hour cycle, DIF and DEA are both negative and the MACD histogram continues to be below the zero axis, indicating that the bearish trend still dominates. The recent market operation is not ideal. Consult 🌍btc0669 and find me to discuss the market.
Bitcoin strategy: short position near 60858, stop profit 60155-59300, stop loss 61900.
Ethereum strategy: short position near 2375, take profit 2300-2331, stop loss 2480.
Article review and release may be delayed, and the strategy is not timely, and the specific real-time basis shall prevail. The point direction, entry timing, take profit and stop loss and position management are the top priorities!
