It's been shaking for days, people are numb from the tremors!
Short positions have been directly entered
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April 28 Bitcoin and Ethereum Analysis:
A new week, a new beginning. Let's first understand the major news affecting the crypto industry this week.
Monday: Canadian Federal Election
Key policy directions and the chain reaction from economic cooperation with the United States.
Wednesday: Release of the US PCE Price Index
The Federal Reserve's core inflation index is related to interest rate cuts, and the impact is self-evident.
Friday: US Non-Farm Payroll Report
Macroeconomic data comparable to a report card for Trump's presidency.
Cryptocurrency is like a ship in the policy sea; the arrival of a piece of news can create a butterfly effect leading to tremendous waves!
Back to the market, Bitcoin is still in a range-bound consolidation state during the day. This morning it dipped to 927, and the low trading volume over the past two days indicates some panic selling, which is a normal phenomenon. The weekly K-line shows that the price is being constrained by the Bollinger middle band, and the MACD histogram is shrinking. Considering the overall trend of the past two days, the volatility is slowing down. At this time, it is still too early to say a significant correction is imminent. In a volatile market, both long and short positions can yield profits. During the day, it is recommended to enter longs around 932-937 and shorts around 945-950, with a stop-loss at 600.
Ethereum is operating within the range of 1770-1825 during the day, with low longs and high shorts. Daily spikes in Ethereum should be monitored individually!
If you like this, please follow and like. Liu Bei stands with you as we move forward together!
A new week, a new beginning. Let's first understand the major news affecting the crypto industry this week.
Monday: Canadian Federal Election
Key policy directions and the chain reaction from economic cooperation with the United States.
Wednesday: Release of the US PCE Price Index
The Federal Reserve's core inflation index is related to interest rate cuts, and the impact is self-evident.
Friday: US Non-Farm Payroll Report
Macroeconomic data comparable to a report card for Trump's presidency.
Cryptocurrency is like a ship in the policy sea; the arrival of a piece of news can create a butterfly effect leading to tremendous waves!
Back to the market, Bitcoin is still in a range-bound consolidation state during the day. This morning it dipped to 927, and the low trading volume over the past two days indicates some panic selling, which is a normal phenomenon. The weekly K-line shows that the price is being constrained by the Bollinger middle band, and the MACD histogram is shrinking. Considering the overall trend of the past two days, the volatility is slowing down. At this time, it is still too early to say a significant correction is imminent. In a volatile market, both long and short positions can yield profits. During the day, it is recommended to enter longs around 932-937 and shorts around 945-950, with a stop-loss at 600.
Ethereum is operating within the range of 1770-1825 during the day, with low longs and high shorts. Daily spikes in Ethereum should be monitored individually!
If you like this, please follow and like. Liu Bei stands with you as we move forward together!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
97,103.77
+2.46%