Thursday Morning Thoughts, Latest Market Analysis of Bitcoin and Ethereum
Looking back at yesterday, Lao Tian mentioned the strategy of buying on the dip, which perfectly met expectations. The entry points were clearly stated, and Lao Tian mentioned a short position in the midnight strategy, waiting for a pullback to enter at lower levels. The real-time market during midnight saw a continuous decline, breaking through the 106000 line, and then as expected, it quickly rebounded to the current level around 108700. Lao Tian said yesterday at midnight that the recent repeated pullbacks have been strongly reclaimed by the bulls. Friends who followed the strategy should have taken off. If the market is hard to grasp, find Lao Tian to help you manage it well. We will continue to maintain the strategy of buying on the dip in the morning.
From the current technical analysis of the market, after the four-hour K-line short-term indicator broke the previous high, the EMA15 fast line support has reached 106500. The MACD has been continuously increasing, and the DIF and DEA have crossed into strong bullish territory. The K-line has also broken the upper Bollinger Band at 108750. For a short time, the main force will consolidate at this position, paying attention to the middle track support at 105600. After reaching this level, one can consider testing long positions. The current market has reached an extreme overbought state, with fluctuations often exceeding 5000 points. The best approach is to watch more and act less, waiting for key support before considering entry, and temporarily not considering short positions.
Morning Operation Suggestions
Bitcoin in the range of 107700-108200, target 110000.
Ethereum in the range of 2470-2500, target 2580.
#比特币 #比特币走势分析
Looking back at yesterday, Lao Tian mentioned the strategy of buying on the dip, which perfectly met expectations. The entry points were clearly stated, and Lao Tian mentioned a short position in the midnight strategy, waiting for a pullback to enter at lower levels. The real-time market during midnight saw a continuous decline, breaking through the 106000 line, and then as expected, it quickly rebounded to the current level around 108700. Lao Tian said yesterday at midnight that the recent repeated pullbacks have been strongly reclaimed by the bulls. Friends who followed the strategy should have taken off. If the market is hard to grasp, find Lao Tian to help you manage it well. We will continue to maintain the strategy of buying on the dip in the morning.
From the current technical analysis of the market, after the four-hour K-line short-term indicator broke the previous high, the EMA15 fast line support has reached 106500. The MACD has been continuously increasing, and the DIF and DEA have crossed into strong bullish territory. The K-line has also broken the upper Bollinger Band at 108750. For a short time, the main force will consolidate at this position, paying attention to the middle track support at 105600. After reaching this level, one can consider testing long positions. The current market has reached an extreme overbought state, with fluctuations often exceeding 5000 points. The best approach is to watch more and act less, waiting for key support before considering entry, and temporarily not considering short positions.
Morning Operation Suggestions
Bitcoin in the range of 107700-108200, target 110000.
Ethereum in the range of 2470-2500, target 2580.
#比特币 #比特币走势分析
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
2,670.02
+3.88%