5.08 Strategy Analysis
Bitcoin experienced a slight pullback yesterday, consistent with the live expectations, showing a sharp drop. This rapid decline is meant to scare off long positions; after washing out, it maintains the original trend and begins to attack. Today's rally is selected for the morning, partly due to the news being settled. Regardless of whether interest rates are raised or not, this news has ultimately settled. Funds can now be unleashed! Currently, the expectation is to break through Bitcoin's historical high, with the upward path being tortuous, characterized by a stepwise increase. Just time the adjustments and enter at low points. The acceleration of the upward attack has begun, preparing to challenge the second strong resistance area at 101218. The operational strategy is to focus on buying the dips, with short positions as auxiliary for quick in-and-out trades.
Bitcoin short contract point, with resistance around 101210 for short operations, take profit around 98360, stop loss at 102000.
Bitcoin long contract point, with support around 96400 for short operations, take profit around 100000, stop loss at 95600.
Ethereum broke through the consolidation range today, directly starting an upward trend. After such a long adjustment, this breakout has clearly chosen the upward direction. As Bitcoin approaches its historical high, Ethereum's catching-up rally may accelerate. Currently, it has already stepped into the densely traded area, with a small adjustment amplitude, making it likely to maintain a strong upward attack. The next strong resistance target is around 2070, with caution against sudden drops during the day. Try to adjust adequately, and enter long positions when the downward pressure weakens. It is expected that there will be a slight pullback today before attacking again. Focus on buying the dips, and try to avoid shorting the catching-up targets.
Ethereum long contract point, with resistance around 2055 for short operations, take profit around 1880, stop loss at 2070.
Ethereum long contract point, with support around 1875 for short operations, take profit around 2055, stop loss at 1850.
The views are for reference only, made by the Great God of Wealth.
