币圈金瑞

Coin Circle Jinrui 7.23: Will it reach $70,000 this week? Interpretation of recent news and buying points

Only when the mind is as calm as water can one be full of vigor and vitality. Investing is only for making money. Everything else is false. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

Jinrui's strategy in yesterday's analysis, the long order layout near $66,600 reached $68,250 in the early morning, winning 1,200 points of profit space.

Starting today, the coin circle ushered in an important week. In order not to miss the opportunity, the entry point is very critical.

Let's start with the recent important news:
Ethereum ETH trading officially started today

If Trump is re-elected, Bitcoin may become the US reserve.
The US holding BTC is expected to reduce selling pressure.

Bitcoin Conference from 25th to 27th
Trump will take the stage
Pay attention to his positive remarks on virtual monetary policy.

PCE index
If expectations of further interest rate cuts rise, it will be a positive factor.

If Trump wins the presidential election
Due to the legalization of crypto asset trading, Solana spot ETF may be approved.

If these news are realized, it will be the reason for a sharp rise. So where should we enter the market? Next, Jinrui will interpret it from a technical perspective.
[BTC daily chart]

From the daily chart, considering the risk-reward ratio, Jinrui recommends waiting for a pullback.

On the other hand, since the price has broken through the recent resistance level of $67,000, it is expected that this position will become support.

If the price falls temporarily, $66,000 and $65,000 are recent buying points.

[BTC 4-hour chart]

The green high-point rising trend line and the 25EMA on the 4-hour chart serve as support, and the current resistance level is around $68,500.

Therefore, if Bitcoin breaks through this range and further breaks through $68,900, the price is likely to reach $70,000.

Carrying out long operations near the 25-day EMA support level at the 4-hour level is a trading point that can be grasped in the near future.

[BTC 1-hour chart]

Although we should be wary of the double top pattern, Jinrui's strategy today is still to buy on dips and do more.

~ July 23 short-term entry point ~
After breaking through $68,500, go long
Take profit price: $69,000~$69,500
Stop loss price: $68,000

Buy on dips and go long when the price falls back to around $66,500-66,600
Stop loss price: $66,000
Take profit price: $67,600~$68,000

Coin Circle Jinrui 7.22: Biden withdraws from the election, beware of sudden pullbacks. The best time to buy on dips during the day

Only when the mind is as calm as water can one be full of vigor. Investing is only for making money. Everything else is false. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

Jinrui's strategy in yesterday's analysis, the long order layout near $66,800 reached $67,600 at 1 a.m., winning 800 points of profit space.

[BTC 4-hour chart]

After Biden withdrew from the election, Bitcoin fell sharply, but rebounded at the 4-hour 25EMA.

Although there was no deep pullback, the strong upward trend continued, so Jinrui suggested that everyone should be wary of sudden adjustments.

The 25EMA at the 4-hour level played a role as support, and at the volatility level, the ideal time to enter the market is to wait for the gap between the 25EMA to narrow.

Even if it falls, $66,000 will be a very solid support, and the market tone will remain strong.
Therefore, there is only one strategy today, which is "buy on dips."

【BTC 1 hour chart】

The 1 hour level is still some distance away from the top of the parallel channel, so it is expected that there will be room for further increase.

As the high resistance, $68,500 is also the price range that has been concerned in the early stage. If it breaks through this range, Jinrui can expect to rise to a higher price.

~ July 22 ultra-short-term entry point ~

① Buy long in the range of $66,400~66,600. Stop loss price: $500. Target price: $67,500~68,500

② Buy long in the range of $67,300~67,500. Stop loss price: $500. Target price: $68,000-68,500

No one can predict the future. What we can do is to face the chart and gradually accumulate profits.

If you want to get real-time information in the later stage, please like and forward to tell me 🙌🏻. If this is helpful to you, I hope you like ❤️ and follow us. Looking forward to your support.
I have conducted in-depth research on spot contracts, BTC, ETH, and other altcoins for many years. If you are not doing well in trading or are suffering from long-term losses or being stuck in a trade, you can follow my official account (Coin Circle Jinrui). Investment is risky, and you need to be cautious when entering the market. The market is constantly changing every day. All I can do is to use my many years of practical experience to help you so that your investment decisions and business management are on the right track.

Coin Circle Jinrui 7.21: The rising channel is formed. A deep correction will have a healthy trend.

Only when the heart is as calm as water can one be vigorous. Investing is only for making money. Everything else is false. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

[BTC 1 hour chart]

Even on weekends, Bitcoin is slowly rising. An upward channel with a right shoulder is currently forming, so today's strategy is still to buy on dips.

In the short term, Bitcoin will rise at the 25EMA (exponential moving average) as the starting point, so you can consider going long with the 25EMA as support.

The $66,800 position where the 25EMA is located coincides with the horizontal line that serves as support and resistance. This point has a higher advantage.

~ July 21 ultra-short-term entry point ~
Stop loss price for long at $66,800: $66,200
Target price: $67,600~$68,000

If there is a pullback, the lower parallel channel near $65,500 is the target of the short-term pullback.

This is both the starting area of ​​the sharp rise on Friday and a point for long positions.

From the order book, sell orders are concentrated above $68,000, and buy orders are concentrated near $66,000.

Therefore, Jinrui’s maximum profit target will be set at $68,000 above the channel. If it can break through $68,000 next week, we can expect Bitcoin to challenge $70,000 again.

If there is a deep pullback on Monday or Tuesday, Jinrui believes that this will be an ideal upward trend.

No one can predict the future. All we can do is face the chart and gradually accumulate profits.

If you want to get real-time information later, please like & forward to tell me 🙌🏻. If this helps you, I hope you like it ❤️ and follow it. I look forward to your support.
I have many years of in-depth research on spot contracts, BTC, ETH, and other altcoins. If you are not doing well in trading or have long-term losses and are stuck in trading, you can follow my official account (Coin Circle Jinrui). Investment is risky, and you need to be cautious when entering the market. The market is constantly changing every day. All I can do is to use my many years of practical experience to help you, so that your investment decisions and business management are on the right track.

Coin Circle Jinrui 7.20: Bulls gain 2,800 points, interpreting the necessary factors for continued rise

Only when the mind is as calm as water can one be full of vigor and vitality. Investing is only for making money, everything else is false, making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

Reviewing Jinrui's two trading plans yesterday, the short-term short orders in the range of 63,800 to 64,100 US dollars made a profit of 800 points yesterday afternoon. The short-term long orders near 63,500 US dollars made a profit of 2,000 points in the early morning. In summary, Jinrui's trading strategy yesterday made a total profit of 2,800 points!

Yesterday, Bitcoin rose 3,000 points in 4 hours, and the real bull market was formed by "main investors".

At present, the trading volume of main investors has not changed, so if the main investors actively buy in the later period, further increases can be expected.

Events that may become factors for the rise next week:
U.S. election: If Trump prevails, coupled with the increase in trading volume of main investments, and the start of Ethereum ETF trading.

At present, there are a lot of liquidations around $67,000 to $66,800, so it may fall in the short term. Jinrui recommends that everyone needs to be vigilant about this.

[BTC 4-hour chart]

If the Fibonacci retracement line is drawn from yesterday's sharp rise and low point at the 4-hour level, the 4-hour 25EMA and Fibonacci 23.6% are highly overlapped.

Because it takes enough retracement to rise again, friends who do not hold positions should confirm the retracement before entering the market.

[BTC 1-hour chart]

~1-hour level short-term entry point on July 20~
① Buy long at the 25EMA support level. Since the retracement is shallow, it is recommended to hold a low leverage position. Buying price: $65,600~65,700. Stop loss price: $65,000 Target price: $67,000

② Long in the $64,000~$64,400 area Stop loss: $500 Target price: $67,000

Price fluctuations may not be large over the weekend, let's prepare for next week together this weekend. No one can predict the future, all we can do is face the chart and gradually accumulate profits.

If you want to get real-time information later, please like & forward to tell me 🙌🏻. If this is helpful to you, I hope you like ❤️ and follow, looking forward to your support.

Coin Circle Jinrui 7.19: Short-term long and short strategy analysis Beware of the risk of head and shoulders top pullback

Only when the mind is as calm as water can one be full of energy. Investing is only for making money. Everything else is empty. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

At present, as Jinrui said yesterday, there is a lot of upward pressure. The 1-hour chart shows signs of forming a head and shoulders top, so we need to be wary of short-term pullbacks.

[BTC 4-hour chart]

The 4-hour horizontal line is at $63,500, which meets the conditions of coinciding with the 4-hour 25EMA, so it is a suitable point for long-term operations.

Because the price moves above all EMAs, intraday trading is still mainly buying on dips.

[BTC 1-hour chart]

Because the 75EMA and 25EMA of the 1-hour level suppress the upward trend, if they continue to be suppressed and move, there is a possibility of forming a head and shoulders top.

In this case, Jinrui expects the maximum decline to fall to $60,000.

So today's basic strategy is to buy on dips, but if you have sufficient positions, you can also hold shorts as a risk hedge.

~ July 19 short-term entry point ~
① Short in the range of $63,800~64,100 Stop loss: $400 Target price: $63,200

② Buy on dips near $63,500 and go long, based on: 4-hour 25EMA and horizontal line Stop loss price: $62,900 Target price $65,000~$65,500

No one can predict the future, all we can do is face the chart and gradually accumulate profits.

If you want to get real-time information later, please like & forward to tell me 🙌🏻. If this is helpful to you, I hope you like ❤️ and follow, looking forward to your support.
I have many years of in-depth research on spot contracts, BTC, ETH, and other altcoins. If you are not doing well in trading or have long-term losses and are stuck in trading, you can follow my official account (Coin Circle Jinrui). Investing is risky and you need to be cautious when entering the market. The market is constantly changing every day. All I can do is to use my many years of practical experience to help you so that your investment decisions and business management are on the right track.

Jinrui of Coin Circle 7.18: Accurately win the long orders in the early morning. Market analysis after the short liquidation selling pressure

Only when the heart is as calm as water can you have a long-term spirit. Investing is only for making money. Everything else is false. Making money is the kingly way. Hello everyone, I am Jinrui of Coin Circle!

Judging from the order book and liquidation heat map below, the current market has very strong upper resistance.

The upper resistance zone is between $65,500 and $66,000. If this price range is broken, Jinrui believes that Bitcoin will be expected to reach $70,000 again.

Last time, the market rose sharply due to short selling pressure caused by liquidation. This is also an important basis for judgment, so please pay attention to it.

[BTC 4-hour chart]

As Jinrui analyzed yesterday, the 4-hour level is expected to fill the deviation from the 25EMA. All EMAs are upward, so the trend is still bullish.

The recent important horizontal line is around $63,500, which is the point where the 25EMA overlaps with it.

Therefore, considering the 25EMA as support, buying on dips is the current strategy.

【BTC 1-hour chart】

The 1-hour level is currently affected by the upper resistance and is gradually pulling back. When consolidating in the high area, it is possible to enter the market and make a profit in a small amount.

~Short-term entry point on July 18~
Go long at 25EMA in 1 hour
Long price: 63,800~64,000 US dollars
Stop loss price: 63,400 US dollars
Target price: 65,000~65,400 US dollars

Since the trend is upward, the basic strategy is to buy on dips. No one can predict the future, what we can do is to face the chart and gradually accumulate profits.

If you want to get real-time information later, please like & forward to tell me 🙌🏻. If this is helpful to you, I hope you like ❤️ and follow, looking forward to your support.
I have conducted in-depth research on spot contracts, BTC, ETH, and other altcoins for many years. If you are not doing well in trading or are suffering from long-term losses or being stuck in a trade, you can follow my official account (Coin Circle Jinrui). Investment is risky, and you need to be cautious when entering the market. The market is constantly changing every day. All I can do is to use my many years of practical experience to help you so that your investment decisions and business management are on the right track.

Coin Circle Jinrui 7.17: Will the upward trend continue? Analysis of transactions that can be grasped at present

Only when the mind is as calm as water can one have a long-term spirit. Investing is only for making money. Everything else is empty. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

Due to the market's expectations for the US election, Bitcoin is in a strong upward stage. So how far can it rise from now? Next, Jinrui will simply analyze the points that can be grasped at present.

[BTC Daily Chart]

The horizontal line at the daily level also becomes support and resistance, and forms a long lower shadow.

If a new position is needed in swing trading, it is necessary to wait for an appropriate callback.

Since the daily 25-day moving average (EMA) is the starting point of the upward trend, going long near the 25-day moving average is the opportunity that Jinrui wants.

The long lower shadow is about to break through the upward pattern. Due to the large deviation from the 25-day moving average (EMA), it is necessary to be vigilant about deviation correction, but the ideal situation is to buy on dips.

【BTC 4-hour chart】

The 4-hour level has broken through the horizontal line that serves as the main resistance level, so it is necessary to pay attention to the formation of a long lower shadow near $65,000 and stabilize.

If it stabilizes, it is expected to rise to $67,500 and $68,000. If it falls, $62,300 and $60,500 will serve as support lines, so buying on dips is the main strategy.

In addition, since both highs and lows are rising, it can be seen that this is a strong upward trend.

At the swing trading level, the target points are as follows: Buy on dips near $62,500~62,300. If such a pullback is formed, the risk-reward ratio will be very good.

【BTC 1 hour chart】

~ Short-term entry point on July 17~
① Buy on dips from the 25-day moving average (EMA) and the rising low line. Long price: $63,800. Stop loss price: $63,300. Target price: $65,000~$66,200

② Buy near $62,500. Stop loss price: $61,350. Target price: $65,000

For friends who have just opened a position, considering the risk-reward ratio, it is best to wait until the callback before entering the market.
In the rising market, risk management is the key to avoid being involved in price fluctuations.

No one can predict the future. What we can do is to face the chart and gradually accumulate profits.
If you want to get real-time information later, please like & forward to tell me 🙌🏻.

Coin Circle Jinrui 7.16: Does the head and shoulders bottom on the daily line suggest a strong rise? Comprehensive interpretation of trends at all levels

Only when the mind is as calm as water can one be full of energy. Investing is only for making money. Everything else is empty. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

A strong upward pattern may appear on the daily chart, but it is very important to be able to observe the market calmly while expecting the market to heat up.

From the heat map, the number of sell orders gradually increased at the high of $65,000.

In the upward trend, where should you enter the market? Jinrui will interpret it from the daily chart, 4-hour chart and 1-hour chart.

[BTC Daily Chart]

On the daily level, the 25-day EMA has been broken and the $60,000 mark has been broken. From these two points of view, it is still a market that is expected to continue to rise.

RSI exceeds 60 and there is still room for growth, so it is necessary to pay attention to possible upward trends. $64,000 to $63,500 is an important area. If support is formed here, a head and shoulders bottom pattern may appear, bringing further upside potential.

If it is supported by the 25-day moving average after a pullback and rises, a head and shoulders bottom pattern may be formed.

[BTC 4-hour chart]

The current market trend has negated the downward channel and is showing an upward trend, so it is also suitable for long positions in the short term.

However, it should be noted that $64,500 is regarded as a resistance level. At the same time, considering the gap with the 25-day EMA, there may be a possibility of adjustment in the short term. Even from a risk-reward perspective, you should wait for a period of pullback before entering the market.

[BTC 1-hour chart]

At the 1-hour level, you still need to wait for a pullback to fill the gap with the 25-day moving average, or enter the market after confirming the chart pattern. It is also a more ideal solution.

~ July 16 ultra-short-term entry point ~

① Go long with the 25-day moving average as support, near Fibonacci 23.6%. Long price: $62,800 to $63,000 Stop loss price: $62,400 Target price: $64,500

② Go long after breaking through around $65,000 to $65,200. Ideally, go long after consolidating the bottom. But in order to cope with a sharp rise, you can also set a limit order. Stop loss price: $64,600 Target price: $66,200

Coin Circle Jinrui 7.15: Will short covering turn the strong market? Sharing of short-term target strategies

Only when the mind is as calm as water can one be full of vigor and vitality. Investing is only for making money. Everything else is empty. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

First of all, Jinrui expects that the rise this time is "the rise caused by short covering", and the liquidation price is $60,000. The buy orders are very dense between $59,500 and $60,000.

The rise caused by short covering may not reach a new high, but will form a callback, so Jinrui recommends paying attention to the buying opportunities of the callback.

[BTC 1 hour chart]

At the 1-hour level, since both the lows and highs are rising, Jinrui recommends mainly buying on dips in the short term.

At present, the "25EMA" is highly concerned.

Judging from the order book, there are many buy orders from $59,500 to $59,000, so you can actively go long in this area.

~ July 15 ultra-short-term entry point ~
When the 1-hour chart 25EMA is supported, long long price: $60,300 Take profit price: $61,400~$62,000 Stop loss price: $59,800

Long near $59,000 Take profit price: $59,800-$60,300 Stop loss price: $58,600

If the price falls below the 25EMA today, you can consider short-term trending shorts, because there is expected to be a short-term decline to fill the deviation from the 4-hour chart 25EMA, so please compare different timelines for trading.

No one can predict the future. All we can do is face the chart and gradually accumulate profits.
If you want to get real-time information later, please like & forward to tell me 🙌🏻. If this is helpful to you, I hope you like ❤️ and follow, looking forward to your support.

I have conducted in-depth research on spot contracts, BTC, ETH, and other altcoins for many years. If you are not doing well in trading or are suffering from long-term losses or being stuck in a trade, you can follow my official account (Coin Circle Jinrui). Investment is risky, and you need to be cautious when entering the market. The market is constantly changing every day. All I can do is to use my many years of practical experience to help you so that your investment decisions and business management are on the right track.

Coin Circle Jinrui 7.12: Short position layout has been accurately achieved again. Pay attention to the small-level head and shoulders top trend

Only when the heart is as calm as water can you have a long-term spirit. Investing is only for making money. Everything else is false. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

[BTC 4-hour chart]

At present, the shorts are still dominant at the 4-hour level. The key lies in the "red trend line". Before breaking through this trend line, even short-term rises will be accompanied by a decline.

Short positions supported by 25EMA can be held at present.

[BTC 1-hour chart]

At present, a head and shoulders top pattern has been formed in the 1-hour chart, so it is necessary to be vigilant about short-term declines.

As shown in the figure at the 1-hour level, it is necessary to be vigilant about the "head and shoulders top pattern". The neckline is located near US$57,200-57,100.

Due to the current high pressure above, Jinrui will continue to focus on rebound shorting before breaking through EMA.

~ July 12 ultra-short-term entry point ~
① Take the 1-hour chart 25EMA as short-term pressure to short, short price: $57,600. Target price: $57,100~56,600 Stop loss price: $58,000

② Go long after breaking through $58,000, long price: $58,100 Target price: $58,900 Stop loss price: $57,700
No one can predict the future. All we can do is face the chart and gradually accumulate profits.

If you want to get real-time information later, please like & forward to tell me 🙌🏻. If this is helpful to you, I hope you like ❤️ and follow, looking forward to your support.

I have many years of in-depth research on spot contracts, BTC, ETH, and other altcoins. If you are not doing well in trading or have long-term losses and are stuck in trading, you can follow my official account (Coin Circle Jinrui). Investing is risky and you need to be cautious when entering the market. The market is constantly changing every day. All I can do is to use my many years of practical experience to help you so that your investment decisions and business management are on the right track.

Coin Circle Jinrui 7.11: Is the US CPI important? Trend analysis before the end of the triangle consolidation

Only when the heart is as calm as water can you have a long-term spirit. Investing is only for making money. Everything else is false. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

Reasons for yesterday's sharp rise
Sell orders were settled at $58,000. Due to the breakthrough, a short squeeze occurred. The inflow of spot ETFs stopped the downward trend.

Importance of US CPI
This CPI is expected to slow down. If it meets expectations and the data decreases, the market's expectations for a rate cut in September will rise further. Rising expectations for rate cuts are also good news for cryptocurrencies.

[BTC 4-hour chart]

On the 4-hour level, the price fell after the red trend line rebounded, although it broke through the neckline. But the price is currently falling, so Jinrui also needs to consider the possibility of a double top trend.
At the same time, Jinrui will also pay attention to whether the recent support area can hold up and rebound again.

Currently back to the double bottom pattern. Because the low point is rising, as long as it does not fall below this point, the upward trend is dominant. If the red trend line is broken, it is expected to rise to around $60,000.

[BTC 1 hour chart]

Since the current price is still running below the EMA, shorts are dominant in the short term.

Entry point: short around $59,800~60,200

Stop loss price: $60,600. Target price: $5,9100~58,500

Buy long from $54,800~55,200

Stop loss price: $54,400 Target price: $56,500 to $57,000
As the triangle consolidation draws to a close, the price of the coin may fluctuate sharply in a new direction.

The heat map shows that both the upper and lower supports are strong, so it is still possible to accumulate profits by following the trend. No one can predict the future. All we can do is face the chart and gradually accumulate profits. If you want to get real-time information later, please like & forward to tell me 🙌🏻. If this helps you, please like it ❤️ and follow us. We look forward to your support.

Coin Circle Jinrui 7.10: Long and short positions accurately target 2800 points. Will a double bottom pattern be formed?

Only when the mind is as calm as water can one be vigorous. Investing is only for making money. Everything else is empty. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

First of all, let’s briefly review the strategy in Jinrui’s analysis yesterday. The long position layout gained 1500 points. The short position layout also gained 1300 points. Yesterday, the long and short positions made a total profit of 2800 points!

What is the reason for the current upward obstruction?

German government’s selling
At present, the upward movement is obstructed due to the ongoing selling of the German government.

The decline caused by the selling is limited, so there is no need to be too pessimistic.

Order book
The selling pressure in the late $58,000 is large, which is the reason for the lack of upward movement.

However, the buying in the $57,000 range is thick, which may support the bottom and drive the rise.

【BTC 4-hour chart】

The resistance at 25EMA on the 4-hour level has been confirmed, so long orders with 25EMA as support and before breaking the low point and trend line can be regarded as a strategy of buying on dips. The most critical thing is whether it can break through the neckline of the double bottom, which is $58,000.

Neckline of the double bottom
Long-term effective trend line
Resistance of 4H 200EMA
Based on these factors, if Bitcoin breaks through $58,000, then Jinrui believes that it may bring a sharp rise.

And long orders with 25EMA as support can continue to be held as a point for swing trading.

【BTC 1 hour chart】

A triangle consolidation pattern is currently formed at the 1 hour level

~ Jinrui's ultra-short-term entry point on July 10~
After breaking through the upper part of the triangle consolidation, go long with the trend, the long price is $58,100 Target price: $58,700~$59,700
Stop loss price: $57,500 (25EMA broken)

Go long around $56,500 Stop loss price: $56,000, target price: $58,000 (near 200EMA)

If it falls below the support of the consolidation range, you can try to enter the short-term short-term. Jinrui expects that the upward movement will be blocked and there may be a sharp rebound and then a decline, but even if it falls, the current stage can still be regarded as a callback stage.

You can also actively buy around $56,500 in the medium and long term. No one can predict the future. All we can do is face the chart and gradually accumulate profits.

If you want to get real-time information later, please like & forward to tell me 🙌🏻.If this helps you, please like it ❤️ and follow us. We look forward to your support.

Coin Circle Jinrui 7.9: Technical Chart Analysis Double Bottom Pattern and Neckline Short-term Strategy

Only when the mind is as calm as water can one be vigorous. Investing is only for making money. Everything else is empty. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

At present, Jinrui believes that it is very important to maintain "60,000 US dollars" this week, and Jinrui will continue to pay attention.

And the inflow of ETFs is also gradually recovering

[BTC Daily Chart]

At the daily level, Jinrui's previous target has not changed. Since the 200EMA is support, it depends on whether it can break through here.
Because Jinrui expects a death cross trend near the 25EMA, the coin price may try to form such a trend near US$52,800 to US$51,000.

The 200EMA on the daily level is still a key point, and it is possible that a double bottom pattern is forming. But it is currently running below the EMA, and the resistance above is large, so Jinrui expects it to fall further.

【BTC 4-hour chart】

At the 4-hour level, it is currently in the long position expected by the double bottom, but the overall trend is still downward.

In addition, it is currently subject to resistance from the 25EMA, so short positions must be held. If you go long, you need to wait for the neckline (around $58,500) to break through before entering the market.

On the 4-hour level, short positions supported by the 25EMA are worth holding, and it is also necessary to pay attention to whether a double bottom pattern will be formed.

【BTC 1-hour chart】

At the 1-hour level, due to the large resistance above. Therefore, Jin Ruijian can subdivide the profit points.
~ July 9 ultra-short-term entry point ~
① Go long after breaking through $56,800 Target price: $57,800~$58,300 Stop loss price: $56,300

② Go short near $58,300, and give up if the upward momentum is strong. Target price: $57,800~$57,000 Stop loss price: $58,800

③Buy in batches at $55,000~$54,300 Target price: See $600~$1,000 profit Stop loss price: $53,500, before the stop loss is broken, you can remain bullish

At present, Jinrui believes that the short-term adjustment has ended, and the market will not rise unless the market falls again.

Jinrui also sees that there are various opinions circulating in the market, but the most important thing at present is to face the "now" chart.
No one can predict the future. All we can do is face the chart and gradually accumulate profits.

Jinrui 7.7: Rebound, double top and key EMA analysis Jinrui accurate entry position

Only when the mind is as calm as water can you have a long-term spirit. Investing is only for making money. Everything else is empty. Making money is the kingly way. Hello everyone, I am Jinrui in the currency circle!

Although Bitcoin has rebounded by about $3,000 in the past two days, it is still necessary to be vigilant about the formation of double tops at the daily level.

The long idea during the rebound is certainly worth paying attention to, but it should be profitable in the short term to accumulate steadily.

Jinrui's entry ideas and chart interpretation have been explained in detail.

[BTC 4-hour chart]

As Jinrui expected before, the 4-hour level filled the deviation from the 25EMA.

At the same time, $58,000 is also an important support and resistance conversion point in the near future, and the current price is also under short-term pressure from the 4-hour 25EMA.

Based on the above two points, it is recommended to short near the 4-hour 25EMA and use this as a trading strategy with a reasonable profit and loss ratio.

【BTC 1 hour chart】

At the 1 hour level, the current horizontal support is still valid.

~ July 5 ultra-short-term entry point~

When rebounding to around $58,600, go long. The orange area is an important support and resistance level in the near future. Many traders hold short positions here. Therefore, if this area is broken, Jinrui expects that shorts will be forced to close their positions, triggering further increases, so Jinrui recommends placing orders in this area. Stop loss price: $58,300 Target price: $59,300

Go long when the 1 hour 25EMA stabilizes, long price: $57,400 Stop loss price: $56,800 Target price: $58,400~$59,300 And $56,800 is also an important support and resistance conversion level. If the price pulls back to $56,800 and rebounds. Then a head and shoulders bottom pattern will be formed, which also indicates greater upside potential.

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Coin Circle Jinrui 7.5: Will 56,000 be lost in the weak market? Short-term key entry point

Only when the mind is as calm as water can one be full of vigor and vitality. Investing is only for making money. Everything else is empty. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

The current market is still weak, so let's take a look at today's analysis immediately.

First of all, from the display on the order book, there are many buy orders around $56,000. Therefore, if Bitcoin can hold this price in the short term, it will be able to avoid further sharp declines.

[BTC 4-hour chart]

The area around $56,500 to $56,600 is the low resistance level of May 2, so if it falls below this point, Jinrui believes that it will bring another wave of decline.

If this area is used as support, it may form a double bottom and other rising patterns. If such a pattern is not seen, the short-term outlook is still bearish.

The main signal for the medium and short term is to short with the 4-hour 25EMA as the short-term pressure. Due to the existence of the overlapping part of the blue resistance line, it has a higher priority.

4-hour chart View: Bearish↓, but also need to pay attention to whether the price can hold the $56,000 level.

[BTC 1-hour chart]

Due to the large deviation of the 4-hour 25EMA, there may be a short-term rise to fill the space. But since both the daily and 4-hour lines are in a downward trend, remember that "long orders are only short-term strategies."

~ July 5 ultra-short-term entry point ~

① Rely on the 1-hour 25EMA to short Short price: $58,200 Target price: $56,750 Stop loss price: $58,700

② Go long near $56,750, Jinrui expects the right shoulder of the double bottom to form. But it is recommended to enter the market with a light position. Target price: $58,000 Stop loss price: $56,160

③ Go short after falling below $56,750, and enter the market if the entity breaks. Target price: $56,000 Stop loss price: $57,000

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Coin Circle Jinrui 7.2: Buying is strengthened and selling is stable. Beware of the double top short pattern

Only when the mind is as calm as water can one be vigorous. Investing is only for making money. Everything else is false. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

Compared with last week, the buying pressure of BTC order book is increasing. And the selling is also stable in the near future, so there may also be a range market.

From the order book, there are more buying orders around $62,000 to $62,800, and more selling orders around $63,000 to $63,700.

[BTC 4-hour chart]

At the 4-hour level, because yesterday was a continuous small fluctuation. So according to the Dow Theory, it is still in an upward trend, but we need to be wary of similar actions of small double tops.

The ideal goal is to buy on a pullback with the 4-hour 25EMA as the support level. In addition, Jinrui also expects the 25EMA to form a golden cross with other EMAs.

After multiple attempts above the parallel channel, the 25EMA is regarded as the "support-resistance exchange zone", so the entry at the 4-hour chart level should wait for the retracement of the 25EMA.

So you can buy long after the 4-hour 25EMA retracement, and make a long position layout after breaking through the reversal above the channel.
These are two more suitable entry points.

[BTC 1-hour chart]

At the 1-hour level, you need to be wary of the double top pattern, because this is a chart pattern that suggests a decline.

In the case of negating the double top, you can make a short-term long position layout in the $62,300-62,200 area, because this area is the neckline and also acts as a support and resistance price on the 1-hour chart.
Therefore, as long as you don't fall below this area, you can buy on dips.

In the case of confirming the double top, there is usually a decline of the same magnitude, so it is expected to fall by about 1.8%, that is, around $61,200.

~ July 2 ultra-short-term entry point ~
① Long around $61,200 Stop loss price: $60,700 Target price: $62,000~$62,400

② Long around $60,600 Stop loss price: $60,100 Target price: $61,200~$61,900

③ Long around $62,300~$62,200 Stop loss price: $61,800 Target price: $63,000~$63,600

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Coin Circle Jinrui 7.1: Has 59K bottomed out? EMA is looking for buying opportunities

Only when you are calm can you be vigorous. Investing is only for making money. Everything else is empty. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

Since $59,000 is a solid bottom, there is no need to be pessimistic about this market at this stage.

However, it has not yet fully entered the upward trend, so please be sure to set take profit and stop loss to control the risk for trading.

[BTC 4-hour chart]

4-hour chart strategy: buy on dips

If the long position is mainly supported by the 4-hour 25EMA, it is possible to continue to rise without a deep correction. Although the pattern is slightly incomplete, it can be regarded as a double bottom pattern forming the bottom. It is expected that as long as it does not fall below $59,000, it will continue to rise in the future.

The last time it started to rise sharply from the 25EMA of the 4-hour chart, so if you want to open a new position, the best way is to buy long positions with 25EMA as support.

In addition, the area around $62,300 (red area) can also be regarded as the neckline of the double top pattern, so you can also consider buying on a pullback here.

If the 25EMA and 50EMA form a golden cross pattern, the bullish trend still has the upper hand.

[BTC 1-hour chart]

The 1-hour chart breaks through the range pressure (blue area), so the strategy is also mainly to buy on dips.

~ Ultra-short-term entry point on June 30 ~
Go long when it pulls back to around $62,300-62,400 Target: $63,000~$63,700 Stop loss: $61,800

Go long with the 25EMA and 200EMA of the 1-hour chart as support, and the long price is $62,000. Target: $62,800~$63200 Stop loss: $61,600

If the current coin price stabilizes, there may not be a deep pullback. Instead, it continues to rise, so special attention is needed.

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Coin Circle Jinrui 6.30: Turning point next week, key support of $58K and $56.4K

Only when the heart is as calm as water can you have a long-term vision. Investing is only for making money. Everything else is empty. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

[Current important fundamentals]

Solana (SOL) ETF application status US election (Trump vs Biden) If Trump is elected, it may have a positive impact on the entire cryptocurrency market. Good for the entire cryptocurrency market? If Biden is elected, it is almost impossible to achieve. The impact of the expectation and time of US interest rate cuts on risky assets due to falling inflation. Please pay attention to these three points

[BTC daily chart]

The blue area of ​​$58,000 to $57,000 is currently very important, which is also the neckline of the double top. If it clearly falls below this area, it is necessary to be wary of a drop of more than $1,500.

If Bitcoin can maintain its current price, then Jinrui expects a rise to fill the 25EMA deviation.

The 25EMA will be tested later to see if it can break through. If a double bottom-like upward pattern is formed, Jinrui expects Bitcoin to rise to $70,000.

If a large double top pattern is formed on the daily chart, it is necessary to be wary of the previous decline of $60,000.

It is also a strategy to arrange mid-term long orders near $58,000 and $56,400 (recent lows).
Because there are a lot of buy orders near $59,000.

[BTC 4-hour chart]

Currently, the red trend line is acting as resistance, so it is beneficial to short before the price breaks through. The 25EMA, the red trend line and the red area (close to the 50EMA) are three important points of attention.

First, it depends on whether the upper resistance range can be broken. If the double top pattern is denied and rises. There is a high probability of a large increase afterwards, so this is also worth Jinrui's attention.

[1-hour chart]

~ Ultra-short-term entry point on June 30~
If it falls below $60,600, you can short it. Stop loss price: $61,000 Target price: $60,000~$59,000

Long position around $61,000-61,200 Stop loss price: $60,800 Target price: $62,000

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Coin Circle Jinrui 6.28: Double top bearish pattern appears Bitcoin long and short operation guide

Only when the mind is as calm as water can one be vigorous. Investing is only for making money. Everything else is false. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

Now is the time to operate long and short orders. Since several chart patterns have appeared, Jinrui will analyze from the 4-hour chart and the 1-hour chart

[BTC 4-hour chart]

The current short trend is still dominant at the 4-hour level. The double top pattern (implying a decline) is formed by the suppression of the blue trend line and the 4-hour 25EMA.

Based on the above chart trend reference, the main short-term transaction can be short at the 4-hour 25EMA.

Short price: $61,700~$61,800 Stop loss price: $62,100 Target price: $61,000~$60,500
Mid-term long order:

Go long at $60,500 or $59,000, with the target at the neckline of the double top. ($62,000)

[BTC 1-hour chart]

At the 1-hour level, we need to be wary of the double top pattern. If it falls below $61,300 (neckline), Jinrui expects the price to fall to $60,600.

~ Ultra-short-term entry point on June 28~
① Enter long orders near $61,300, which also serves as a support and resistance zone. Stop loss price: $61,000 Target price: $62,000

② Enter long orders near $60,600, Jinrui recommends small positions. If it falls below the support, switch to short immediately. If it falls below the red zone, be alert that the price may fall to $59,000. Target price: $62,000

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I have many years of in-depth research on spot contracts, BTC, ETH, and other altcoins. If you are not doing well or have long-term losses and are stuck in transactions, you can follow my official account (Coin Circle Jinrui). Investment is risky, and you need to be cautious when entering the market. The market is constantly changing every day. All I can do is to use my many years of practical experience to help you, so that your investment decisions and business management are on the right track.

Coin Circle Jinrui 6.27: Short-term entry guide 4-hour and 1-hour precise entry points

Only when the mind is as calm as water can one be vigorous and vigorous. Investing is only for making money. Everything else is empty. Making money is the kingly way. Hello everyone, I am Coin Circle Jinrui!

The pattern on the 30-minute and 1-hour level charts is still good, but in the short term, it still encounters resistance from the 4-hour 25EMA.
Friends who want to enter the market can pay attention to the short-term chart. This can increase the winning rate.
Then let's take a look at the short-term cycle chart
[BTC 4-hour chart]

Although it encountered resistance from the 25EMA at the 4-hour level, the decline was limited.

So the two points where you can go long again are:

① Go long at the retracement of the 4-hour 25EMA↑ →Use the blue trend line as support.

② Go long near $59,000↑ →Focus on the right shoulder of the double top.

【BTC 1 hour chart】

On the 1 hour chart, we can see that the short-term support at the bottom has been formed near $60,600 recently, so as long as it does not fall below this area, we can look for long positions in the short term.

~ Ultra-short-term entry point on June 27~
① Go long at the 1 hour 25EMA support Long price: $61,000 Target price: $61,500~$62,000 Stop loss price: $60,600

② Go short with 1 hour 200EMA as support Short price: $63,200 Target price: $62,000 Stop loss price: $63,600

If you want to get real-time information later, please like & forward to tell me 🙌🏻. If this is helpful to you, I hope you like ❤️ and follow, looking forward to your support.
I have conducted in-depth research on spot contracts, BTC, ETH, and other altcoins for many years. If you are not doing well in trading or are suffering from long-term losses or being stuck in a trade, you can follow my official account (Coin Circle Jinrui). Investment is risky, and you need to be cautious when entering the market. The market is constantly changing every day. All I can do is to use my many years of practical experience to help you so that your investment decisions and business management are on the right track.