After a night of fluctuations, the price of the currency has once again experienced a significant pullback, reaching a crucial support level of 92600 at its lowest. As of now, the overall market decline yesterday has exceeded 6000 points. In yesterday's ten-wave operation, the intensity of the market pullback was indeed unexpected, leading to the unfortunate clearing of a thousand-point space in short orders. The current market situation has become quite clear; whether on the daily or 4-hour chart, it has closed with long bearish candles, indicating a noticeable market turning point, and the trend is undergoing a change. Additionally, from the current dynamics, the strength of the upward trend still shows a strong persistence, therefore, in terms of operational strategy, we should continue to align with the market trend and maintain high-level trading on the upward path.
Tuesday Morning Suggestions: Short Bitcoin around 94500-95000, target focusing on the 92000-90000 line. Short Ethereum around 3470-3500, target focusing on the 3400-3300 line.
From the current trend analysis, the price comparison shows a continuous upward movement with consecutive rising days, and the highs are repeatedly refreshed. Although the position of 99,000 has not stabilized yet, given the current situation, breaking through this price level is merely a matter of time, and its re-entry into the high-level correction phase would be the best evidence. This phenomenon also indicates that the currency price is constructing a new rising platform. It can be observed that the bulls have sufficient momentum and form, and there will not be an immediate change in direction that leads to a deep adjustment, at least not at the moment. On the contrary, after completing the correction, a new upward surge will be initiated again.
In terms of the short-term price trend structure, the market continues to test the key level of 100,000. Under the circumstances of continuously accumulating strength, it is highly probable that the bulls will break through the current price level and continue the upward trend. Although there may be adjustments during this period, such adjustments are merely to accumulate sufficient momentum for the upward breakthrough. Moving forward, one should continue to maintain a bullish outlook to respond accordingly.
Afternoon Sharing Suggestion For Bitcoin around 98,000-98,500, one can go long directly, targeting 99,500-100,000. #比特币突破10万?
The market has been fluctuating and building strength overnight, indicating that a significant move is likely. As we approached midday, the momentum was hard to contain. After taking profits on the positions held by Lao Zhou, it was pointed out that breaking through 75000 would definitely lead to a wave of upward continuation. Ultimately, the market trend followed Lao Zhou's prediction, charging straight to 97900 without looking back, and today all positions in the ten boards were closed profitably.
Analyzing the price on a four-hour chart, the market has experienced a sustained strong rise and has broken through previous highs, currently showing a pause with relatively long upper shadows forming. This pause phenomenon still aligns with our previous discussions and should be defined as the development of a corrective structure. However, given the ample upward space reserved above, even a slight pullback could impact the current strong trend.
In terms of short-term strategy, we need to combine price patterns and closing strength to comprehensively assess the sustainability of market strength. In smaller time frames, such as during the midday period, although the market has retreated after reaching a high point, the space and strength of the pullback are relatively limited and have not damaged the overall strong state. For future movements, we can observe the continuation of the pullback with a short position and adjust based on the strength of the pullback, then look for opportunities to enter positions.
Friday Afternoon Suggestions For Bitcoin, buy on pullbacks near 96500-97000, targeting 98000-98900. For Ethereum, buy on pullbacks near 3090-3100, targeting 3220-3250.
The current price of Bitcoin is showing a clear upward trend, having successfully broken through the previous peak level, while its pullback has narrowed, reflecting a significant increase in market bullish sentiment. From the four-hour chart analysis, although there was a certain degree of pullback last night, it rapidly rebounded, indicating that the support from below is still quite strong. Therefore, it is recommended to continue to enter the market on pullbacks, with a focus on stability.
Morning suggestion sharing: BTC: 93000-93500 range, looking up to 94800-95400 ETH: 3010-3030 range, looking up to 3090-3
In the early morning, the price once broke through and approached the 94,000 mark. Although it experienced a pullback and correction, the lowest point reached did not touch last night's starting point for the rise. Overall, the price trend remains solidly above the 90,000 level. This indicates that the current upward trend has not ended, but continues to show a volatile upward movement.
Whenever periodic high points repeatedly appear, many friends tend to conclude that the market will turn around, yet without exception, these predictions have not come true. Therefore, until there is a decisive signal of a major cycle top, we should avoid making hasty judgments. Our general direction remains unchanged, and for the short term, we can take advantage of pullbacks, but just be mindful of timing for entering and exiting trades.
Midnight recommendations were once again validated, predicting that the third surge to 93000 will break through, suggesting entry around 91000. The price rose as expected, reaching a maximum of 93985, with a fluctuation of over two thousand points, closing with a full victory for the day. Doubts persist, but the strong will stand out.
After four consecutive hours of gains, the bulls created new highs again. Although there was a pullback, the overall upward trend is evident, with the pullback only returning to the starting point of yesterday's rise. After multiple pullbacks, the increase remains strong. We maintain a long-term bullish outlook, while short-term attention should be paid to entry and exit timing to capture corrections, with a focus on strategic plays.
Morning Recommendations Bitcoin pullback to 91200-90800 with a target at 93500. Ethereum pullback to 3060-3040 with a target at 3200.
The daily dynamics have failed to show significant volume, with the price range maintaining slight fluctuations, exhibiting a pattern of repeated oscillations. Accurately grasping the timing for entering and exiting the market is particularly important, as both long and short positions present profit opportunities. In the past two days, the price ratio has attempted twice to break through the key level of 93000 but has not succeeded. This phenomenon may indicate that there is a possibility of breaking through this level in the next push.
From the perspective of the 4-hour chart patterns and structure, there has not yet been a significant change. Regarding the daily level trend, we have repeatedly mentioned and emphasized that it is gradually tending towards a strong oscillation pattern. This forms the logical basis for our recent continuous recommendation to adopt a low-position layout strategy. As the low price continues to rise, the market's highs are also being raised accordingly, which aligns with the typical characteristics of a strong oscillation structure.
While executing a low-position long strategy, we must also be wary of potential risks in the upper space. The next possible upward target still points to 93000 and levels above it. Therefore, at this stage, one should patiently wait for the market to show a breakout signal and subsequently adjust strategies to respond to potential accelerating trends.
Tuesday evening recommendations: Bitcoin 91000-91500 long target 92700-93000 Ethereum 3080-3060 long target 3220
Based on the current market trend analysis, the bullish strength of Bitcoin shows a relatively optimistic outlook, while the performance of Ethereum is comparatively sluggish. Recently, the overall market has been consolidating in this pattern.
At the current price level, one can consider shorting first to capture the pullback before going long. It is expected that the evening market will inevitably launch another attack on the key gap at 93000, and there is also a possibility of further rising to new highs.
For Bitcoin, it is recommended to buy on a pullback in the 91000-90500 range, targeting 93000! For Ethereum, it is recommended to buy on a pullback in the 3100-3080 range, targeting 3220#市场围绕90K .
Monday afternoon suggestion sharing In the morning, a clear suggestion was given for Zuo Duo near the low of 89800. After a noon run, there was a small wave of pull-up in the afternoon, reaching the highest near 92416, and the rebound reached 3500 space.
In terms of the current market situation, Hangqing still maintained a consolidation trend during the day, digesting the volatility at midnight, and there has not been much change. From the hourly level, after the early morning encountering pressure at the 91000 mark, the K-line showed a horizontal consolidation trend of alternating yin and yang, and then pulled out a big yang line again, indicating that there may still be a possibility of pull-up in the future. From the four-hour level analysis, with the early morning wave of downward exploration releasing the momentum of Kongtou, and the midday consolidation, the bullish pull-up in the future will definitely be smoother. In terms of afternoon plunder, we maintain our view on Duo unchanged. Afternoon operation suggestions
The four-hour structure chart shows a strong consolidation and correction trend. The overall market trend is also easy to understand. The rise is repaired, and the rise is repaired again. With the rise of the price ratio, the overall support level is gradually moving upward. It is currently in a strong correction market, exchanging time for space to achieve a high-level consolidation state. It is expected that the market will continue to rise in the future. After the bottom is stabilized, it will continue to increase in volume and switch to a slow rise mode. The price is expected to rise further in the future.
Big cake operation suggestion: 90300-90000 more, the target is 93000#
After a night of changes, Bitcoin once again showed a strong upward momentum, and its price high has successfully reached the 91900 area, but then encountered certain pressure. The current price has stabilized near the 91000 level. According to yesterday's trading ideas, we adopted the operation method of short first and then long, and the market trend is highly consistent with our expectations.
In this process, Shipan's multiple long operations have achieved remarkable results. The current market trend is still biased towards the bulls, and the short-term price correction should be regarded as a self-correction behavior of the market, rather than a fundamental reversal of the trend.
On the daily chart, the positive line closed again, indicating that the bulls still dominate. From the perspective of the trend, the overall market trend structure maintains an upward trend, and the market still has the potential to continue to rise. Under such a strong market structure, we will continue to adhere to the strategy of low-level longs and remain unchanged.
Saturday morning suggestions Buy Bitcoin around 91000-90500, looking up to 92500-93000 Buy Ethereum at 3080-3060, focus on 3200-3300#市场回调,观望还是上车? #BTC冲破9万
According to the technical analysis of the hourly level line, the DIF and DEA lines in the MACD indicator have gradually approached the zero axis, showing that the bullish momentum is significantly attenuated and the market has now entered the adjustment stage. The current price level is fluctuating around 88,000 points. If it cannot stabilize at this price level, it may further drop to the support level of 85,150 points.
In the short-term trend, the mid-rail support is located at 88600 points. If the subsequent market rebound can find effective support at this position, the price may still maintain an upward trend. On the other hand, if the rebound is weak and falls below the support level, it means the end of this round of rebound and the market will enter the callback stage. In this case, investors should pay close attention to changes in the support level below. It is recommended to adopt a high-altitude, low-long approach in terms of operating strategy to cope with the current market volatility and uncertainty.
Friday Afternoon Suggestions The big pie can be around 86500-87000 - target: 88000-88600-89600 (if the position is broken, it will be confirmed if the continuation is not broken)
Ether 3020-3050 is nearby - target: 3120-3160-3220 (See if the position is broken and the continuation is not broken) #市场回调,观望还是上车? #美国零售销售数据即将公布
After a night of market changes, the price of Bitcoin has shown a downward trend again, and has now reached a low of 87,000. Reviewing yesterday's market dynamics, the trend of rising first and then falling has given us considerable profit margins.
As far as the current overall market structure is concerned, it still shows a bullish trend. On the daily chart, after a continuous rise in the positive line, the market has a short negative line correction for consolidation. However, from the analysis of the strength of the correction, it has not caused a substantial impact on the current rising structure, and the market trend remains unchanged. We should continue to maintain an optimistic attitude and should not easily change the investment strategy due to a slight correction. Otherwise, we will only fall into a passive position and be dragged by the market trend.
From the 4-hour line, the current market is in a high-level adjustment stage, and the comparison of the strength of the long and short sides is still unclear. At the same time, the Bollinger Bands are gradually narrowing, showing a decrease in market volatility. If the current price is not effectively broken, the market may operate in a range-bound manner in the short term. In short-term operations, you can consider adopting a strategy of first going short and then turning to long to cope with market changes.
Friday morning recommendations Buy Bitcoin at 87500-87200, up to 89000-91000 Buy Ethereum at 3060-3030, up to 3200-3300#美国初请失业金人数创2024年新低
11.14 Thursday summary and early morning analysis!
Review of the market on Thursday, influenced by the news on Wednesday night, the price of the pie was at the early morning of the 14th. The pie once again broke the all-time high and reached the 93400 line. There was no sign of continuing to break through, but it immediately stepped back. Then our Shipan also directly Kong Dan entered the market and looked back to repair, and successfully cut profit in the morning and won 1957 points of Kong Time. In the afternoon, the short-term low position was dominated by shocks and gave me the opportunity to enter the market decisively and secure 1229 points.
Analyzing the current market situation, the overall market situation still maintains a strong bullish trend. After experiencing continuous corrections at midnight and during the day, the currency price is recovering its early losses through steady rise. Although the market provides room for correction, its main trend still shows a consolidation trend that is gathering strength. Based on the recent market structure, we expect that the market outlook may still test new highs. However, every step forward in the Duotou market is accompanied by a correction, which warns us not to pursue excessive unilateral market trends. In the subsequent market evolution, although the bullish trend will continue, we should adopt a more prudent strategy and conduct buying operations after the price has confirmed that it has fallen back. At the same time, when the rebound is under pressure, it will also be a wise decision to flexibly choose to seize short opportunities.
midnight suggestion The pie is over 88,000-87,500 - see 91,000 Ether 3100-3080 and more - see 3200#美国初请失业金人数创2024年新低 #BTC冲破9万
Analysis of weather conditions for Thursday morning
The CPI data was fully in line with expectations, triggering a sharp rise in the price of Bitcoin. It strongly broke through the key pressure level of 90,000 and reached a maximum of 93,421 points. Its rise far exceeded market expectations. Driven by the good news last night, the market prices have been rising all the way, and Lao Zhou has also gained a lot by focusing on the Duodan layout.
This week's market conditions have been characterized by continued price breakthroughs. As parity prices rise steadily, bullish power continues to demonstrate its strong momentum. Although the market has experienced a certain degree of correction in the short term, the overall price trend continues to reach new highs. Judging from the daily chart, the market closed with a positive line again, showing a clear upward trend. In the absence of an effective reversal of the current trend, any pullback should be viewed as a corrective move within an uptrend. Given that currency prices continue to rise in the short term, it is not recommended to predict market tops prematurely. It is recommended to continue to adhere to the idea of buying at low prices.
In the afternoon, Lao Zhou clearly pointed out that if the support level is broken, it may continue to fall. On the contrary, if the support level is not broken, it can be directly based on this level. After the news was announced in the evening, the market also stretched as expected and broke new highs again.
The correction is only a short-lived phenomenon to stabilize market sentiment, and bullish expectations for Silu this week remain firm. Just now, the price of pie reached a new high again, touching 91,900 points, which is very close to our previously expected target of 100,000. According to previous market trend analysis, the current high price is bound to trigger a wave of corrections. After all, such a high currency price will bring significant panic to the market. We expect that after the market pulls back to a price range widely accepted by the market, the market will be ready for a final strong sprint. Therefore, it is recommended to stay tuned during the callback phase and access the market in a timely manner to seize subsequent market opportunities.
Midnight operation suggestions Big pie 90800-91200 area, see 93000 Points are for reference only, specific guidance is based on actual offers. #BTC冲破9万
Today's market trend showed a direct downward trend. During the early trading period, Lao Zhou made a short-term suggestion to push the price back to around 87,000. The market also gave room for a thousand-point rebound as expected. After hitting a high of 899 in early trading today, the market began to gradually make downward adjustments. Since the price has fallen below the previous low, you can try to follow up with a kong order in the afternoon.
Judging from the four-hour technical analysis, the short forces are gaining momentum, and the market has begun to show signs of long-short conversion. At present, the big negative line has not yet fully unfolded, and it is expected that there may be a strong retracement of the market from the afternoon to the evening. If the price fails to effectively fall below the support level near 855, we will consider entering a long position. Once the support level is effectively broken, the price may face a downside of nearly a thousand points. However, the CPI data to be released in the evening will become the key market guidance.
Wednesday Afternoon Suggestions The pie can be empty near 87500-87900, with a target of 85500 Ether is empty near 3180, target 3080#美国10月CPI数据即将公布
Yesterday, the price of Bitcoin encountered resistance near the 90,000 mark, followed by a significant decline, dropping by 5,000 points. In the evening, we accurately predicted a rebound around the 85,000 level and set a target of 3,000 points, which has been perfectly validated by the market.
At midnight, the price of Bitcoin attempted to rise again, trying to recover and test the 90,000 mark but failed to break through, subsequently beginning a slight pullback. However, it is worth noting that the market quickly recovered the 5,000 points lost in a short period, once again highlighting the strength of the bulls.
From a technical analysis perspective, the 4-hour candlestick chart shows that after two consecutive bearish candles, a strong bullish candle successfully recaptured the previous decline. However, the price is currently facing resistance again and has turned into a bearish candle, indicating that the market may still face some downward pressure in the short term. Nevertheless, I remain optimistic about the continuation of the bullish trend in the later phase of the market.
Wednesday Morning Thoughts Buy Bitcoin on dips near 87,000, targeting 88,000-88,500.
After testing the 90,000 level during the day, the market faced pressure and pulled back, with the lowest point reaching the 85,159 level. The current market is dynamically adjusting and consolidating around 86,100.
From a technical structural perspective, today's market attempted to break through the 90,000 level twice but failed. The subsequent pullback was expected. The daily level's upward movement lacks solid bottom support, and with insufficient momentum, it is difficult to sustain a strong upward trend. Therefore, a weakening trend is becoming evident, leading to a series of short-term pullbacks and bottom-testing behaviors. This market trend may indicate that some bulls are gradually withdrawing from the market.
From the four-hour chart, although the overall market shows a bearish candlestick, the likelihood of breaking below the current upward trend line is low. The overall market structure still maintains an upward trend, with a pullback after a one-sided rally. Given that the Bollinger Bands have not yet completed their correction, and that the price maintains a certain distance from the middle band, the market is expected to continue to gather strength after reaching a high in the short term. Based on this, we can continue to use the 85,000 level as a support point and formulate corresponding strategies.