Through recent communication with the brothers, most are only concerned about how Ethereum is performing, and not much attention is given to Bitcoin. Therefore, this article will focus specifically on the potential future trends of Ethereum and analyze it for everyone; you can compare it with your operations. I will also briefly mention Bitcoin, as some friends may prefer a more conservative approach.
First, let's look at the trend charts. The upper chart corresponds to the 12H level for Ethereum, while the lower chart corresponds to the 4H level. First, regarding the structure at the 12H level, there is a bearish doji forming at the MA30 line. Those with some knowledge should know that MA30, as a trend continuation line, can lead to a continuation of the market when the position is clear. However, the current situation is not a very strong support level. Although it is not a strong reversal signal, this position offers another possibility for the trend: if it does not drop below 4230-4240, we can expect to see 1-2 bullish candles leading to a rebound to 4370/4420 (Note: 4420 is also a short position; if it cannot break and stabilize above it, we can continue to look bearish down to below 4050). In another scenario, if it directly retraces below 4210, we can look at the 4H level trends. The trend support would fail, continuing down to the 4H level MA120, which is around 4000-4050. If this position is reached, observing the trading situation around 4000 will generally allow for a bullish entry for at least a 150-200 point upward movement.
As for Bitcoin, the situation is relatively clear. It is currently at a low level, right at the support of the daily MA60 line. I won't overly bearish on the sentiment; I consider around 11.43-11.50W as a point to look upward, first looking for a rebound near 11.65W before deciding on the future market. #加密市场回调 #山寨季何时到来?
Through recent communication with the brothers, most are only concerned about how Ethereum is performing, and not much attention is given to Bitcoin. Therefore, this article will focus specifically on the potential future trends of Ethereum and analyze it for everyone; you can compare it with your operations. I will also briefly mention Bitcoin, as some friends may prefer a more conservative approach.
First, let's look at the trend charts. The upper chart corresponds to the 12H level for Ethereum, while the lower chart corresponds to the 4H level. First, regarding the structure at the 12H level, there is a bearish doji forming at the MA30 line. Those with some knowledge should know that MA30, as a trend continuation line, can lead to a continuation of the market when the position is clear. However, the current situation is not a very strong support level. Although it is not a strong reversal signal, this position offers another possibility for the trend: if it does not drop below 4230-4240, we can expect to see 1-2 bullish candles leading to a rebound to 4370/4420 (Note: 4420 is also a short position; if it cannot break and stabilize above it, we can continue to look bearish down to below 4050). In another scenario, if it directly retraces below 4210, we can look at the 4H level trends. The trend support would fail, continuing down to the 4H level MA120, which is around 4000-4050. If this position is reached, observing the trading situation around 4000 will generally allow for a bullish entry for at least a 150-200 point upward movement.
As for Bitcoin, the situation is relatively clear. It is currently at a low level, right at the support of the daily MA60 line. I won't overly bearish on the sentiment; I consider around 11.43-11.50W as a point to look upward, first looking for a rebound near 11.65W before deciding on the future market. #加密市场回调 #山寨季何时到来?
Last night, I switched from long to short, and this morning I arranged a second short position. The big coin is close to three thousand points, and the small coin is close to three hundred points. This space, more or less, has allowed you to gain something, and I believe that those who follow steadfastly will have a good result.
Some are envious, while others hesitate and observe. This market is very fair; some eat meat while others get eaten. If you can't be the former, at least control your hands and don't be the latter.
Since last week, the market has pulled back on the daily line. Most people who mindlessly go long may not be able to hold on, especially those who have been buying all the way down. This corresponds to the saying: The market will take back all the money from the foolish who lack understanding. Now you're angry and have a headache; what were you doing when I advised you before? #加密市场回调 #山寨季何时到来?
财经黎沐
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Last night to today
Auntie went from 4300 to 4380 and then from 4380 to 4200
Big pancake went from 11.49 to 11.65 and then from 11.68 to 11.45
One long and one short perfectly covers the entire range
Recently, the market feeling has really been on point
It's like delivering food right into the brothers' mouths #加密市场回调 #山寨季何时到来?
Because we can't keep an eye on the plate outside, this round of opening is still relatively conservative, but we still managed to secure more than 10,000 oil in two rounds.
Friends who are paying close attention should be able to see clearly that Bitcoin made a rebound above 116,500 after failing the second attempt at 114,700 last night. Ethereum also rose to 4,380 in sync, which is highly consistent with Li Mu's strategic layout.
In this round, Bitcoin's thousand points and Ethereum's hundred points can take the lead in locking in profits, waiting for the second round of Bitcoin at 117,000 and Ethereum's resistance around 4,380-4,400 before entering another short position. #加密市场回调 #山寨季何时到来?
Because we can't keep an eye on the plate outside, this round of opening is still relatively conservative, but we still managed to secure more than 10,000 oil in two rounds.
Friends who are paying close attention should be able to see clearly that Bitcoin made a rebound above 116,500 after failing the second attempt at 114,700 last night. Ethereum also rose to 4,380 in sync, which is highly consistent with Li Mu's strategic layout.
In this round, Bitcoin's thousand points and Ethereum's hundred points can take the lead in locking in profits, waiting for the second round of Bitcoin at 117,000 and Ethereum's resistance around 4,380-4,400 before entering another short position. #加密市场回调 #山寨季何时到来?
Regarding the recent trends of Bitcoin and Ethereum, everything has been perfectly following the script. Whether it is the strong breakout above Ethereum at 4500 to 4700, the pullback after sweeping positions above Ethereum at 4730, or yesterday's market retracement aided by the release of the US PPI data, all have perfectly adhered to the critical points of the market. Moreover, considering the macro narrative's positive landing before the gaps, this also brings a brief turning point for the bears.
From the perspective of market trends, Bitcoin has currently reached new highs, providing further opportunities for bears to extend their positions on daily, two-day, three-day, and weekly trends, while only the five-day level continues to show bullish signs. Under the pressure of negative short-term data releases, along with Bitcoin reaching new highs, I am more inclined towards a new round of pullback to wash positions, reorganizing chips before embarking on another round of upward movement.
For Ethereum, with this round of Bitcoin's new highs being re-anchored, there is no need to worry too much about the previous strong upward anchoring behavior. As long as the downward targets are not overly ambitious, there should definitely be room to navigate.
Specifically for operations, Bitcoin is currently restricted at 119,000 due to short-term moving average resistance, with signs of reversal appearing in the 2/3/4/6-hour levels. Therefore, one can look to short at 119,500 as the initial position, add more around 120,500, defend at 121,000, targeting 117,500. If it breaks below 117,000, the subsequent targets would be 115,000 and 113,500. For Ethereum, it needs to be cautious; the initial position can be entered around 4,660, add at 4,720, defend at 4,750, and target 4,580, looking below 4,500 if it breaks. #美国7月PPI年率高于预期 #加密市场回调
Regarding the recent trends of Bitcoin and Ethereum, everything has been perfectly following the script. Whether it is the strong breakout above Ethereum at 4500 to 4700, the pullback after sweeping positions above Ethereum at 4730, or yesterday's market retracement aided by the release of the US PPI data, all have perfectly adhered to the critical points of the market. Moreover, considering the macro narrative's positive landing before the gaps, this also brings a brief turning point for the bears.
From the perspective of market trends, Bitcoin has currently reached new highs, providing further opportunities for bears to extend their positions on daily, two-day, three-day, and weekly trends, while only the five-day level continues to show bullish signs. Under the pressure of negative short-term data releases, along with Bitcoin reaching new highs, I am more inclined towards a new round of pullback to wash positions, reorganizing chips before embarking on another round of upward movement.
For Ethereum, with this round of Bitcoin's new highs being re-anchored, there is no need to worry too much about the previous strong upward anchoring behavior. As long as the downward targets are not overly ambitious, there should definitely be room to navigate.
Specifically for operations, Bitcoin is currently restricted at 119,000 due to short-term moving average resistance, with signs of reversal appearing in the 2/3/4/6-hour levels. Therefore, one can look to short at 119,500 as the initial position, add more around 120,500, defend at 121,000, targeting 117,500. If it breaks below 117,000, the subsequent targets would be 115,000 and 113,500. For Ethereum, it needs to be cautious; the initial position can be entered around 4,660, add at 4,720, defend at 4,750, and target 4,580, looking below 4,500 if it breaks. #美国7月PPI年率高于预期 #加密市场回调
Regarding the recent trends of Bitcoin and Ethereum, everything has been perfectly following the script. Whether it is the strong breakout above Ethereum at 4500 to 4700, the pullback after sweeping positions above Ethereum at 4730, or yesterday's market retracement aided by the release of the US PPI data, all have perfectly adhered to the critical points of the market. Moreover, considering the macro narrative's positive landing before the gaps, this also brings a brief turning point for the bears.
From the perspective of market trends, Bitcoin has currently reached new highs, providing further opportunities for bears to extend their positions on daily, two-day, three-day, and weekly trends, while only the five-day level continues to show bullish signs. Under the pressure of negative short-term data releases, along with Bitcoin reaching new highs, I am more inclined towards a new round of pullback to wash positions, reorganizing chips before embarking on another round of upward movement.
For Ethereum, with this round of Bitcoin's new highs being re-anchored, there is no need to worry too much about the previous strong upward anchoring behavior. As long as the downward targets are not overly ambitious, there should definitely be room to navigate.
Specifically for operations, Bitcoin is currently restricted at 119,000 due to short-term moving average resistance, with signs of reversal appearing in the 2/3/4/6-hour levels. Therefore, one can look to short at 119,500 as the initial position, add more around 120,500, defend at 121,000, targeting 117,500. If it breaks below 117,000, the subsequent targets would be 115,000 and 113,500. For Ethereum, it needs to be cautious; the initial position can be entered around 4,660, add at 4,720, defend at 4,750, and target 4,580, looking below 4,500 if it breaks. #美国7月PPI年率高于预期 #加密市场回调
Regarding the recent trends of Bitcoin and Ethereum, everything has been perfectly following the script. Whether it is the strong breakout above Ethereum at 4500 to 4700, the pullback after sweeping positions above Ethereum at 4730, or yesterday's market retracement aided by the release of the US PPI data, all have perfectly adhered to the critical points of the market. Moreover, considering the macro narrative's positive landing before the gaps, this also brings a brief turning point for the bears.
From the perspective of market trends, Bitcoin has currently reached new highs, providing further opportunities for bears to extend their positions on daily, two-day, three-day, and weekly trends, while only the five-day level continues to show bullish signs. Under the pressure of negative short-term data releases, along with Bitcoin reaching new highs, I am more inclined towards a new round of pullback to wash positions, reorganizing chips before embarking on another round of upward movement.
For Ethereum, with this round of Bitcoin's new highs being re-anchored, there is no need to worry too much about the previous strong upward anchoring behavior. As long as the downward targets are not overly ambitious, there should definitely be room to navigate.
Specifically for operations, Bitcoin is currently restricted at 119,000 due to short-term moving average resistance, with signs of reversal appearing in the 2/3/4/6-hour levels. Therefore, one can look to short at 119,500 as the initial position, add more around 120,500, defend at 121,000, targeting 117,500. If it breaks below 117,000, the subsequent targets would be 115,000 and 113,500. For Ethereum, it needs to be cautious; the initial position can be entered around 4,660, add at 4,720, defend at 4,750, and target 4,580, looking below 4,500 if it breaks. #美国7月PPI年率高于预期 #加密市场回调