The bears do not die, and the bulls do not stop. Yesterday my prediction was that the bears would be wiped out around 121,000, but subsequently, some large accounts pulled the liquidation up to around 123,000. The bulls, in order to maximize profits, will definitely eliminate the large accounts before they let go. So how should we position ourselves on July 15? #BTC再创新高

BTC July 15 analysis:

1️⃣ The daily K line has a maximum of 123,300 and a minimum of 118,800. The current K line presents a hammer star, indicating a bearish outlook for the future. It has already risen for 7 consecutive days, wiping out most of the bears. In the short term, some bears no longer dare to follow. However, from the market perspective, the bear profit ratio is greater than the bull's.

From the daily K line perspective, the K line has been too far from the EMA for too long and urgently needs to retrace to the EMA midline near 114,200.

2️⃣ The 24HK line has shown bearish golden K and the MACD has shown a death cross and top divergence. Multiple factors are favorable for the bears, who can consider trying a small short position.

3️⃣ The 1HK MACD has also shown a death cross, and the EMA is turning down. Pay attention to the EMA showing a death cross; once it appears, immediately short. Currently, we still need to pay attention to the second price range of 119,300. If it breaks the upper line of the second price range with volume and holds below it for 4-6 bars, just short without thinking. Above 120,000 can be used as a short entry point, so the stop loss won’t be too large, and the profit space will be larger, with risks smaller than the returns.

In summary, you must short!!!

🎁 Intraday short-term reference:

Bear short entry point from 120,000 to 120,800, with a defense at 121,200, stop loss of 500 points, and target looking at 114,200. Breakout target at 112,200.

ETH yesterday review:

ETH is the same as my prediction yesterday, shorting in the 3040-3080 range. Those who follow this range should hold on. Ethereum has been very volatile from the beginning of this year; it is difficult to hit the high of 4100 by the end of 2024 again. #ETH突破3000

ETH July 15 analysis:

1️⃣ The daily K line has a maximum of 3083 and a minimum of 2970, with the highest point just touching the golden key level of the downward trend at 3060. The bearish strategy is effective. If the 1HK line has 4-6 bars standing above 3060, then we can continue to look bullish. 2️⃣ Currently, the 4-hour K line is at the upper band and has shown a transformed bearish golden K. The lower position of 2850 still needs to be retested. Note that the EMA in the 1-hour K line is about to cross; if it crosses, directly try a short position.

🎁 Intraday short-term reference:

Bear short entry point from 3000 to 3060, with a defense at 3088, stop loss of 30 points, and target looking at 2850 to 2783.

For long-term and stable profits, all partners should set stop losses when trading!