On the MACD indicator, the histogram continues to expand below the 0 axis, and the fast and slow lines are gradually crossing downwards, indicating an imminent crossover of the 0 axis, with expectations for continued weakness!
Bollinger Bands opening downward, prices are weakly running along the lower track, with a clear overall bearish trend. The upper track and middle track form a stepped pressure
The indicators fluctuate around the neutral level of 50, with a tug-of-war between bulls and bears. Combined with the MACD golden cross, it leans towards a short-term oscillation rebound attempt, but the pace is slow, and the rebound height may be constrained by the range.
Watch for 110000-110500, looking at 108000-107000.
The big pancake is like a rainbow, like a fierce tiger coming out of the mountain. The price is soaring all the way, breaking through layers of obstacles, forcefully refreshing the high point, with an unstoppable upward trend, successfully reaching the peak of 110273, perfectly achieving the established goal, stunning the entire audience!
Auntie is also not to be outdone, with short-term trading, easily earning 60 points.
Currently, a new trend is also opening on the 4-hour chart. The rise of ETH has established an upward trend line, and one can consider buying on dips near the upward trend line at 2555. However, due to insufficient time spent in the bottom formation previously, there may still be a risk of decline, so it's important to set stop losses cautiously. From the 1-hour chart, after the early morning surge, ETH has dropped but the bullish trend remains unchanged. Entry points to consider are around 2555 and 2565! Watch for 2630-2660.
BTC ETH Last night we directly entered short positions at the 106800-107100/2470-2490 line, and I believe friends who follow me can see it. Now at the 105250/2406 line, we can all take profits and exit.
ETH 1 hour has also entered a downward trend, ETH's current 1 hour bottom has become a resistance level for ETH. ETH is under pressure, and any rise below 2425 is an opportunity to short.
BTC is currently under pressure on the daily chart after a significant decline, with the candlestick pattern continuing to be constrained within a narrow range around the short-term moving averages. The daily trend remains relatively weak, and attention should be paid to the potential for a slight breakdown followed by a continuation of the downward trend. On the 4-hour chart, the current price range is quite compressed, but after continuous fluctuations, there are signs that the technical pattern is gradually being repaired. Pay attention to short-term adjustments.
Price range of 105700-106100, watch for 104000-103000.
The 4-hour continuous oscillation downtrend, the hourly chart shows a clear downward pattern, evening rebound continues to oscillate BTC 106800-107100 oscillate, look at 105800-105000
BTC/ETH hourly chart has fallen as expected, with a large bearish candle directly breaking through the 107000 level, briefly descending to around 1066157.
Unable to hold on, the fundamental issue is not understanding, not comprehending the reasons for holding onto something. Trading is not about staring at position balances and waiting; it is about insight into the market price patterns. When a price breaks through, one must promptly adjust their mindset; failing to keep up with the rhythm will only lead to being hit.
Therefore, rather than studying the market, it is better to study oneself, to understand reflection and introspection, making oneself more objective and rational in facing the market one participates in. Geopolitical risks, trade conflicts, and technical aspects are secondary; the key lies within oneself, understanding one's own limitations, and realizing that the essence of trading is not defense, but rather being planned.
ETH 1-hour moving average continues to form a golden cross and diverge upwards, ETH still has room to grow, ETH is still in a bullish trend. ETH can continue to buy on dips near 2470 during the European session. The trend formed by the breakout of the range is generally not likely to end quickly, so continue to buy on dips today.
From the daily chart perspective, the Bollinger Bands are opening upwards, with the 5-day moving average crossing above the 10-day moving average, overall presenting a bullish arrangement. The Relative Strength Index is operating around 61, indicating that there is still room for upward movement.
On the MACD indicator, the histogram has turned red and increased above the 0 axis, with the fast line DIFF crossing above the slow line DEA. As the distance between the fast and slow lines increases, the bullish strength is gradually enhancing.