Tonight, focus on the 92500 support level for the big pancake. If it doesn't break, look to buy near 925-930, with a stop at 920, aiming for 940-945!
For Ethereum, pay attention to 1750, to prevent a spike, look for 20 points, which means buying at 1720-30, with a stop at 30 points, aiming for 50-70 points!
I have some matters to attend to tonight, but if I'm back early, I'll give everyone a live broadcast! $BTC
The May Day holiday is over, and I wonder how everyone fared. Last week, the price rose from 92,700 to 97,800, a 5,000-point increase, before dropping back to around 93,400. It rose and then fell back, currently oscillating above 94. This week, we need to focus on the two points of 925 and 915.
Currently, the position to watch is 952. If it rebounds without breaking, we can consider going short; if it breaks through, we can follow the trend and go long. Today, just focus on 952. When approaching resistance, choose to go short first, with a stop loss of 500 points. Below, pay attention to 934-935. The entry point for long positions can be around 930 to buy, with a stop loss at 925, and a target in the 940-945 range!
Before the US market opens, you can follow this strategy. I will notify everyone if there are any changes once the US market opens. See you at the live broadcast at 9 PM!
I won't say much about Ethereum; we can synchronize based on the Bitcoin price points. The holiday is over, and we need to return to normal. See you in the evening live broadcast!!! $BTC
958 long orders, profits have already started to appear, brothers please manage it yourselves, the weekend market is likely to fluctuate, but weekend consumption is still possible for now! $BTC
鸿鼎
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Bullish
I took a look, and currently the overall trend is leaning towards a pullback. Pay attention to 958 here; I still suggest going long on the pullback. Let's defend at 952, aiming for around 97. If the high point is not broken, then consider shorting once more!
If opportunities arise this weekend, take them; if not, wait patiently. We'll chat during the live stream tomorrow night. If any brothers have questions, leave a message in the comments! $BTC
I took a look, and currently the overall trend is leaning towards a pullback. Pay attention to 958 here; I still suggest going long on the pullback. Let's defend at 952, aiming for around 97. If the high point is not broken, then consider shorting once more!
If opportunities arise this weekend, take them; if not, wait patiently. We'll chat during the live stream tomorrow night. If any brothers have questions, leave a message in the comments! $BTC
Initial results have been achieved. Currently, you have kept up with your own control. In a while, with the non-farm data, either defend well or reduce positions before the non-farm report to secure profits!
Initial results have been achieved. Currently, you have kept up with your own control. In a while, with the non-farm data, either defend well or reduce positions before the non-farm report to secure profits!
鸿鼎
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I entered the arena first, brothers. Big pancake defense 955, target 980, Ethereum defense 1800, target 1870-90! $BTC $ETH
Brothers and sisters, happy Labor Day! I hope everyone earns a lot during this holiday!
Yesterday, the short position hit a stop loss, and the long position gained 1300 points. After a pullback to the lowest level of 961, it rose again. I mentioned during the live broadcast that 965 and 960 are two support points, and we are still looking bullish. This morning, it rebounded to a high of 972, and there is still profit potential. I am still holding my long position at 961, and I also added to my position during the pullback.
Overall, it's still the same message: as long as we don't break below the 957 level during the pullback, we can look bullish based on this point. Pullbacks around 96 are good opportunities to enter long positions, with targets aiming for 975-980, and a breakout looking towards around 99.
For Ether, look bullish on pullbacks to 1820-30, with a stop at 1800. The target is 1870-1900, and a breakout looking towards 1950-2000.
Tonight at 20:30, there will be non-farm payroll data. I will start the live broadcast in advance, so make sure to join the live room!
The big pie stop loss, Ethereum currently has a loss of 1830 and exits, if the big pie breaks 960, then it will continue to rise further! $BTC
鸿鼎
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Bearish
Thursday, May 1st, Hongding Trading Strategy:
A brief analysis: As mentioned in yesterday's live broadcast, after breaking 945, what to do next? The highest retracement was around 947, and today we still aim to short near 950, with a target of 940-935. If broken, we look towards 925-930! The stop loss is at 955!
I have already entered my first position, you can ignore my entry as I am quite aggressive and do not really recommend following!
Yesterday, Bitcoin's highest rebound was near 951, so pay attention to this level; I insist on looking down from here!
For Ethereum, the highest retracement was 1808, so today the entry point can be considered around 1810-20 for a short, targeting 1750-30. When it reaches there, I'll consider reducing my position, with a stop loss at 1840!
Don't miss tonight's live broadcast at 9 PM. Friends who haven't followed yet, please follow and like! $BTC
A brief analysis: As mentioned in yesterday's live broadcast, after breaking 945, what to do next? The highest retracement was around 947, and today we still aim to short near 950, with a target of 940-935. If broken, we look towards 925-930! The stop loss is at 955!
I have already entered my first position, you can ignore my entry as I am quite aggressive and do not really recommend following!
Yesterday, Bitcoin's highest rebound was near 951, so pay attention to this level; I insist on looking down from here!
For Ethereum, the highest retracement was 1808, so today the entry point can be considered around 1810-20 for a short, targeting 1750-30. When it reaches there, I'll consider reducing my position, with a stop loss at 1840!
Don't miss tonight's live broadcast at 9 PM. Friends who haven't followed yet, please follow and like! $BTC
There's not much to say, I blame myself for not sticking with it. The ideas given yesterday are still valid. The upper level to watch was 955, which didn't break through, while the lower support at 935 held up. Just follow the normal approach, it's a pity; what's past is past, and I won't dwell on it. Let's come back today.
Every time after the stream, there's always a market movement, which is quite something. When not streaming, it just keeps fluctuating. Currently, the lowest point during the early hours dropped to the 837 line, which aligns with our mentioned support point. Therefore, today we will still focus on the 935 level, while the upper level to watch is 955. We can simply treat this as a range to operate within, look bullish relying on 935, with a target of 950-955, and watch for resistance at 955 to look bearish, targeting 935-940. Defend each position with a 500-point stop.
For Ethereum, focus on the 1770 level to look bullish, while 1841 resistance to look bearish. For now, just watch this 70-point range, with a 30-point stop for defense.
The above ideas are for reference only. Thank you all for your attention and support. Don't miss the live stream at 8 PM tonight! $BTC
After yesterday's repeated washout, the trades have emerged, rising from the lowest point of 927 to 956, then dropping to 934 after the US stock market opened, and later pulling back to around 954 before again falling to 943. The market is in a state of repeated fluctuations, and a direction is likely to emerge over the next couple of days. We will watch for a new high at 960 above and support points at 925 and 915 below. Until we break this range, we should continue to buy low and sell high.
Today, we see that Bitcoin has pulled back after an early morning surge. So how should we strategize today? We should still pay attention to the daily high point of 954. If there is a rebound, we should look to short, placing our trades in the 950-954 range, with a stop loss at 960. The target is set towards the 930-935 range, which corresponds to the early morning low of 934. If the support at 930-935 does not break, we can switch from short to long, with the stop loss at 925 and looking to target 950-955.
Therefore, today's overall strategy revolves around this range, mainly focusing on the overall market trend tonight or tomorrow and whether a bullish or bearish direction will emerge. So don't rush, be patient. Our overall approach remains unchanged; we shouldn't look too bearish or bullish until we break the key support at 915.
For Ethereum, we can look to short near the 1810-20 range, targeting 1750-60, with a stop loss of 30 points. We can consider going long depending on the situation below.
Currently, let's stick to this strategy. I will inform you of any changes. See you in the live stream at 9 PM every night. Thank you all for your support and attention!!$BTC