Every day, it's just about opening orders to make money. I'm here even at dawn. Yesterday, I opened orders continuously all day without any losses, all profits. I've mentioned this position of Ethereum many times before, don't doubt it.
The market completed another cycle in the early hours, and the price of the coin did not show significant fluctuations. It peaked at around 106775 at midnight before facing resistance and began to retrace for correction. The smaller time frame shows a pattern of higher highs and lower lows, with the current minimum dropping to around 105200, which aligns with our early morning assessment. There is still downward demand in the short term, and the daily chart is forming a doji bearish candlestick pattern. Ethereum is still lagging behind, unable to keep pace with Bitcoin, with limited space given. Retracing for correction is a good move, and the daily chart shows a small doji candlestick; the morning strategy remains consistent with the strategy shared last night. Currently, there is a certain retracement in the price ratio, and Bitcoin can be entered without hesitation. We will watch the gain or loss at the 105000 level first. If it continues to decline, we may consider adding positions or reversing. We will flexibly apply strategies based on smaller time frame patterns and structures.
Trading Suggestions
Bitcoin can be bought in the range of 105200-104700, with a target near 107000;
Ethereum can be bought in the range of 2590-2560, with a target near 2680.
Trading on the left side is easy! Yesterday, all day on Tuesday, we discussed the support of Bitcoin at 104800, saying it would rise after a pullback, but the overall performance did not meet expectations; it was too sluggish. Fortunately, the position for long trades in the evening was quite good, with zero risk holding, allowing for steady compounding.
6.3 Bitcoin Evening Analysis In terms of daily observations, Bitcoin continues to consolidate within a converging triangle pattern. The RSI indicator has formed a golden cross near the 50 midline, indicating a subtle shift in the balance of bullish and bearish forces. Meanwhile, the green bars below the MACD zero line continue to shorten, suggesting a weakening of bearish momentum and potential buildup of bullish strength. The Bollinger Bands on the four-hour chart are in a contracting state, with prices steadily climbing along the upper band. Notably, the Fibonacci retracement levels show that the price has successfully stabilized at the key support level of 0.382 at 104800. If it can effectively break through the resistance level of 0.618 at 106300, it will confirm the initiation of a new upward trend.
Trading Suggestions: Bitcoin: Go long near 104500-104800, target around 106800-107500
The rhythm is very good. In the afternoon, Ethereum reached over 2620, and I could take profits on my long position. I also made a small profit by going short. We have already capitalized on the range-bound fluctuations three times. I hope we won't miss the next opportunity when it comes.
Currently, looking at the overall rhythm of the market, the price ratio has slightly rebounded after a previous decline. The hourly chart shows consecutive upward movements, but the price ratio is gradually moving upwards, albeit at a relatively slow pace. As time goes by, after a pullback, the price ratio will also give a sustained upward movement, and it is only a matter of time before it breaks through the short-term resistance level. In terms of short-term structure and shape, although the price ratio is slightly under pressure and has shown a small pullback, the intensity is not so strong anymore. In the afternoon, we can still participate by focusing on low long positions, paying attention to the 108000 level.
Today is Tuesday, and our first order after waking up is still good. Some friends haven't gotten up yet, but we've already earned a day's wage. As long as you control your position well, don't get overly excited, and don't mess around, earning a few hundred in a day feels quite comfortable.
In the four-hour level line, the operating channel maintains an upward trend. The price has retraced to the mid-track and has risen continuously. The conversion of long and short volume is ongoing, but the upward trend has shown a bullish rhythm with a unilateral trend. The short-term pullback is a preparation for a surge, and there is no need to look at the weekly K-level downward bottoming; just make a long position on the pullback. Focus on the continuation of the bullish trend.
Trading Suggestions
Long position on Bitcoin at 105300-105600 with a target of 108000.
Long position on Ethereum at 2570-2600 with a target of 2680.
Still the same old story, in a strong upward trend, one must not look bearish too early; the market will punish anyone who does so prematurely. The current market situation has entered a very critical moment, and this week is particularly crucial. We need to closely monitor the authenticity of the breakout from the January 20 high; a genuine breakout leads to vast opportunities, while a false breakout poses hidden dangers. I hope everyone stays updated on market fluctuations, and I will notify everyone immediately if there are any developments.
In the morning, Ethereum's long position based on the idea of 2520 was entered, with a good risk-reward ratio, precise entry point, and aggressively opening positions every day.
微博-Cypher陈
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Bullish
5.27 Morning Market Analysis
On the four-hour chart, after a series of upward trends, we have entered a critical contest between bulls and bears, with strong resistance from the upper track severely hindering upward movement; however, there is also no significant downward space, and after breaking below 109000, there was a rapid rebound, indicating clear signs of sideways consolidation. Technical indicators show slight divergence, with the three KDJ lines trending downward and showing a tendency to converge, and the MACD is slightly rising, which is an important sign of short-term sideways consolidation.
Trading Suggestions In the morning, consider buying the major cryptocurrency around 108000-108500, targeting 110000. For the altcoin, consider buying around 2500-2520, targeting 2580.
Shorting Ethereum at any position in the morning resulted in a small waterfall, exiting around 2500. This bearish wave was successful; now it remains to be seen if it can rebound at the support level as expected. Hope everything goes smoothly.
On the four-hour chart, after a series of upward trends, we have entered a critical contest between bulls and bears, with strong resistance from the upper track severely hindering upward movement; however, there is also no significant downward space, and after breaking below 109000, there was a rapid rebound, indicating clear signs of sideways consolidation. Technical indicators show slight divergence, with the three KDJ lines trending downward and showing a tendency to converge, and the MACD is slightly rising, which is an important sign of short-term sideways consolidation.
Trading Suggestions In the morning, consider buying the major cryptocurrency around 108000-108500, targeting 110000. For the altcoin, consider buying around 2500-2520, targeting 2580.
5.21 Bitcoin Morning Thoughts In the early morning, Bitcoin fluctuated upward, reaching a high of 107292 before facing downward pressure. In the morning, it rebounded again, with the pullback momentum weakening, and it is once again challenging the 107000 level. Ethereum dropped to a low of 2438 at midnight, but bulls pushed back in the early morning, reaching a high of 2526. Bitcoin is in a state of high-level correction on the daily chart. Yesterday's small bearish candlestick with a long lower shadow was followed by a medium bullish candlestick this morning, achieving partial recovery at high levels. The daily upward momentum is slowing down, entering a correction period. On the four-hour chart, the Bollinger Bands have begun to narrow, exhibiting a common small cycle adjustment pattern, indicating no trend reversal, and the overall trend remains bullish.
Trading Strategy: Bitcoin: Long around 106300 - 105500, target near 108000 Ethereum: Long around 2490 - 2470, target 2600
A friend who lost 50,000 U before playing alone has now recovered his losses. Tonight, these two orders alone have a net profit of over 5,000 U. Don't try to go all in on a single trade; it's important to focus on consistent gains.
The one-hour candlestick chart shows a high-level consolidation pattern, having formed a small consolidation range. It is noteworthy that the recent long upper shadow candlesticks intuitively reflect strong selling pressure above and significant resistance. Meanwhile, the MACD indicator continues to operate in the negative territory, and the fast and slow lines are showing a downward crossover trend, which further supports the possibility of continued adjustment in the short term. This evening, we should still aim for high shorts.
Trading Suggestions:
Bitcoin: Range of 105800-106500, looking at 102000.
Bitcoin has experienced another wave of pullback. This morning, I mentioned the upper pressure at 106,000. These two orders have been placed, and this month's supplies are secured! Now let's continue to observe the market; if we reach a good resistance zone, we can still make some moves.
微博-Cypher陈
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Bearish
5.20 Morning Market Analysis
According to the current market, the four-hour level shows that the market has risen with two consecutive bullish candles to just below the upper Bollinger Band, where the upper Bollinger Band has provided some resistance, preventing bullish momentum from supporting further price increases. From the one-hour level, the market is alternating between small bearish and bullish movements, with both bulls and bears pulling against each other, and neither side breaking out of a significant range. However, the KDJ indicator shows that the three lines at this level are converging and showing signs of turning downwards, and all three KDJ values have entered the overbought zone, suggesting a high expectation for a pullback in the future. Therefore, we will maintain a high short strategy in our morning operations.
Bitcoin can be shorted around 106500-107000, aiming for 10400.
Ethereum can be shorted around 2540-2570, aiming for 2450.
Tuesday's Bitcoin strategy is very perfect, the decisiveness of shorting the top is correct, and it has also taken advantage of the short-term fluctuations. There are many trading opportunities this week, so be patient and wait for new setups.
微博-Cypher陈
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Bearish
5.20 Morning Market Analysis
According to the current market, the four-hour level shows that the market has risen with two consecutive bullish candles to just below the upper Bollinger Band, where the upper Bollinger Band has provided some resistance, preventing bullish momentum from supporting further price increases. From the one-hour level, the market is alternating between small bearish and bullish movements, with both bulls and bears pulling against each other, and neither side breaking out of a significant range. However, the KDJ indicator shows that the three lines at this level are converging and showing signs of turning downwards, and all three KDJ values have entered the overbought zone, suggesting a high expectation for a pullback in the future. Therefore, we will maintain a high short strategy in our morning operations.
Bitcoin can be shorted around 106500-107000, aiming for 10400.
Ethereum can be shorted around 2540-2570, aiming for 2450.