老萧说币日记
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When there is no market, take a break and don't stare at it all day long.
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#BTC #ETH
Today there was no rebound at all, and the upward momentum in the 4-hour timeframe is severely lacking. Currently, the bears have just begun to exert their strength, so a conservative estimate for tonight's dip is 3500. It’s also possible for Bitcoin to break below the low of the 3rd.
This week, we will still maintain a high short position, with Ethereum at 3730 and Bitcoin at 115690 being the highs for this week.
The major trend line has changed; the most obvious is Bitcoin, where the jawline of the crocodile has already dropped to the lower jawline. The trend has reversed, and the upcoming decline may accelerate, so only profiting from the downturn is the most stable strategy!
Today there was no rebound at all, and the upward momentum in the 4-hour timeframe is severely lacking. Currently, the bears have just begun to exert their strength, so a conservative estimate for tonight's dip is 3500. It’s also possible for Bitcoin to break below the low of the 3rd.
This week, we will still maintain a high short position, with Ethereum at 3730 and Bitcoin at 115690 being the highs for this week.
The major trend line has changed; the most obvious is Bitcoin, where the jawline of the crocodile has already dropped to the lower jawline. The trend has reversed, and the upcoming decline may accelerate, so only profiting from the downturn is the most stable strategy!
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Current hourly momentum is weakening, Ethereum should still focus on the 3650 support level. For intraday pullbacks, first look at the mid-track support around the 3650 level. If it breaks below, we could see support around 3500.
Personally, I believe the likelihood of breaking through is low. Recently, there has been a stalemate between bulls and bears, with several rounds of mutual destruction from last night to today that have left people feeling exhausted. I advise everyone to observe more and act less, don't get too carried away 🤭🤭
Personally, I believe the likelihood of breaking through is low. Recently, there has been a stalemate between bulls and bears, with several rounds of mutual destruction from last night to today that have left people feeling exhausted. I advise everyone to observe more and act less, don't get too carried away 🤭🤭
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$ETH Whether it's Bitcoin 🪙 or Ethereum, the pullback is only temporary! See you at 4000!
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Analysis of recent Bitcoin and Ethereum market trends. Pay close attention!
BTC will focus on whether the 115,000 line can be effectively broken today and tomorrow or on Monday. Lao Xiao believes that it is most stable to arrange long orders near 115,000. The correction is only temporary and the general trend is still bullish. It will probably not usher in a big correction until October. It’s still early!
Then if it pulls back to the point of wave B, we can go in and hold it. Don’t be afraid of a slight drop, and run away when it rises a little, cutting yourself! Use time to exchange for space. Profits are not obtained by frequent operations. Remember that the more operations you make, the greater the chance of error!
The same is true for ETH relative to Bitcoin. It broke the upward trend yesterday and is currently in a 3-wave correction. We will wait for today and Monday to see whether it can stand above the upward trend line again. If it stands above the upward trend line, it will be as stable as an old dog. If it doesn't stand above the upward trend line, you know what to do!
Then if it pulls back to the point of wave B, we can go in and hold it. Don’t be afraid of a slight drop, and run away when it rises a little, cutting yourself! Use time to exchange for space. Profits are not obtained by frequent operations. Remember that the more operations you make, the greater the chance of error!
The same is true for ETH relative to Bitcoin. It broke the upward trend yesterday and is currently in a 3-wave correction. We will wait for today and Monday to see whether it can stand above the upward trend line again. If it stands above the upward trend line, it will be as stable as an old dog. If it doesn't stand above the upward trend line, you know what to do!
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#BTC
Bitcoin had a great victory last night, with the whole network publicly stating that there is room for downside! It perfectly matched Lao Xiao's expectations, dropping to the 116800 line in the early morning and quickly recovering after a short-term bullish divergence! So today will be a volatile trend between 118500-117500. The specific direction still needs to wait until Monday; the focus for the weekend will be on watching!
Bitcoin had a great victory last night, with the whole network publicly stating that there is room for downside! It perfectly matched Lao Xiao's expectations, dropping to the 116800 line in the early morning and quickly recovering after a short-term bullish divergence! So today will be a volatile trend between 118500-117500. The specific direction still needs to wait until Monday; the focus for the weekend will be on watching!
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#ETH
Ethereum has temporarily broken through the upward channel. Today, on the weekend, it is expected to be in a range fluctuation of 3575-3465. The specific trend will need to wait until the market opens on Monday to clarify, but Lao Xiao remains optimistic about the upward movement!
Never open a position casually at any time; patiently wait for the right moment and clear opportunities to go long or short before entering the market! Whenever there is an opportunity to open a position, Lao Xiao will directly indicate it. 😁
Ethereum has temporarily broken through the upward channel. Today, on the weekend, it is expected to be in a range fluctuation of 3575-3465. The specific trend will need to wait until the market opens on Monday to clarify, but Lao Xiao remains optimistic about the upward movement!
Never open a position casually at any time; patiently wait for the right moment and clear opportunities to go long or short before entering the market! Whenever there is an opportunity to open a position, Lao Xiao will directly indicate it. 😁
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#BTC #ETH
Long positions on Ethereum, decisively closing positions to short Bitcoin after seeing short signals appear 🪙
Daily profit from 2 trades 🤩
Friends who are having trouble with their trades can come and try (you can find Lao Xiao on the homepage) one to two trades every day, with precise and perfect setups!
Bitcoin's triangular range has broken, and this morning it is still in a fluctuating downward trend, as the top divergence on the hourly chart has not yet completed. Additionally, there are quite a few people chasing long positions, which needs to be harvested. This wave is just a temporary pullback, and the long-term trend is still bullish. The question is whether you can endure this pullback; if not, then follow the trend. After all, holding positions can be a very torturous experience!
Long positions on Ethereum, decisively closing positions to short Bitcoin after seeing short signals appear 🪙
Daily profit from 2 trades 🤩
Friends who are having trouble with their trades can come and try (you can find Lao Xiao on the homepage) one to two trades every day, with precise and perfect setups!
Bitcoin's triangular range has broken, and this morning it is still in a fluctuating downward trend, as the top divergence on the hourly chart has not yet completed. Additionally, there are quite a few people chasing long positions, which needs to be harvested. This wave is just a temporary pullback, and the long-term trend is still bullish. The question is whether you can endure this pullback; if not, then follow the trend. After all, holding positions can be a very torturous experience!
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Don't expect a 'market reversal' to be your savior
Waiting idly is never a wise move
The market has no 'sympathy button'; it won't grant opportunities just because of your suffering, but it will generously reward those who maintain rationality and are bold in their strategies during fluctuations.
Join us to earn profits from the market (check the homepage)
Waiting idly is never a wise move
The market has no 'sympathy button'; it won't grant opportunities just because of your suffering, but it will generously reward those who maintain rationality and are bold in their strategies during fluctuations.
Join us to earn profits from the market (check the homepage)
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#ETH
Ethereum is currently challenging the resistance level, which is approximately between 2800-2900. If the challenge fails, it might fall back; if it stabilizes, we can expect new highs. Based on the current market sentiment, there may be a pullback in the short term, but the long-term outlook remains bullish. Lao Xiao believes that the likelihood of breaking through the resistance level is greater!
Ethereum is currently challenging the resistance level, which is approximately between 2800-2900. If the challenge fails, it might fall back; if it stabilizes, we can expect new highs. Based on the current market sentiment, there may be a pullback in the short term, but the long-term outlook remains bullish. Lao Xiao believes that the likelihood of breaking through the resistance level is greater!
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#ETH
Perfect layout, discovered Ethereum MACD top divergence at 7:35, decisively went long and short! Also made quite a profit.
In the past two days, went long at 3236, closed at 3436, making a profit of 200 points.
Opened short at 3437 (top divergence signal appeared) and closed at 3376, making a profit of 60 points!
Every day, actively laying out strategies and monitoring the market. Friends who are not doing well in trading can find Lao Xiao on the homepage to chat!
"With hands holding the sun and moon, plucking the stars; there is no one in the world like me; eyes follow the moving averages to determine rise and fall, firmly establishing the principles of success and failure." Only providing authoritative interpretations of cryptocurrency trends, focusing on Bitcoin, Ethereum, etc., with daily market trend analysis. Providing clear operational strategy guidance for those destined to connect!
Perfect layout, discovered Ethereum MACD top divergence at 7:35, decisively went long and short! Also made quite a profit.
In the past two days, went long at 3236, closed at 3436, making a profit of 200 points.
Opened short at 3437 (top divergence signal appeared) and closed at 3376, making a profit of 60 points!
Every day, actively laying out strategies and monitoring the market. Friends who are not doing well in trading can find Lao Xiao on the homepage to chat!
"With hands holding the sun and moon, plucking the stars; there is no one in the world like me; eyes follow the moving averages to determine rise and fall, firmly establishing the principles of success and failure." Only providing authoritative interpretations of cryptocurrency trends, focusing on Bitcoin, Ethereum, etc., with daily market trend analysis. Providing clear operational strategy guidance for those destined to connect!
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When both horses come, they will be dizzy
How high this peak is depends on how many buyers there are
How high this peak is depends on how many buyers there are
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