Yesterday, although we maintained a bullish mindset throughout the day, we operated with a high short and low long approach for the layout. Therefore, it was not surprising that we caught the drop last night due to news events, leading my real student to capture nearly 2000 points in Bitcoin and over 100 points in Ethereum. The overall gains are indeed exciting. Currently, looking at the market, Bitcoin fell from a high of 72700 to 69500, where it found support. As long as the entry points are accurately controlled, it becomes easy to make profits. Recently, I have also adjusted my mindset and planning with my real student, and the market feel is quite active. If needed, you can directly reach out to Teacher Wang Hao.
From the current market perspective, after a low point at 69500, the price has consolidated; the trend has not continued downward. The support below remains relatively strong. It has shown signs of stopping the decline. There is a gradual demand for market warming. Looking at the four-hour chart, after touching the support below, the price did not continue to break down but has continued to consolidate at the lower levels. This also exerts pressure on shorts to continue breaking down. If the shorts do not break the support, they are just wasting effort, which is still unfavorable for them. Currently, the resistance point below is quite strong, and as the market fluctuates, the support below is forming. It is expected that there will not be a one-sided breakout during the day, and it will remain in a consolidation phase. Therefore, our operating strategy can still revolve around buying on pullbacks.
Bitcoin: 69500-69300 Buy Target focus on 71000
Ethereum: 2500-2480 Buy Target focus on 2600#美国大选后行情预测 #市场关注美国非农数据 #TIA超大额解锁 #你问我答 #比特币白皮书16周年 $BTC $ETH