8.13 Wednesday Afternoon Trading Strategy On the daily chart, the previous downward gap has been filled, and the MACD has formed a golden cross with increased volume, indicating a short-term upward momentum; however, compared to other cryptocurrencies, its momentum and trading heat are slightly weaker, and there hasn't been a further breakthrough yet. On the hourly chart, the price is quite stable, the Bollinger Bands are narrowing, and the smaller moving averages are converging. In terms of trading, look to buy around 118500-119000, with a target of 120200-121500. If it can break through strongly, we can aim for even higher [doge][doge] For the range of 4550-4580, target 4700, 4830.
The idea remains unchanged; the tariff issue is just a short-term gimmick for the market, don't get too obsessed.
Currently, the market structure is experiencing fluctuations and pullbacks. It was clearly stated yesterday not to gamble on the upper space; remember this is brainless trading. In the short term, a pullback around the 122300 line is approaching 3500 points, and as for Ethereum, there's no need to say more, above 4300 it's advised to enter short positions, with a minimum pullback above 4100. What else is there to think about with a space of 150-200 points?
I've been emphasizing that the market's conversion between highs and lows only requires timeliness. Don't blame the market for being weak; it's because your trend judgment is uncertain. How to operate long or short completely depends on your recognition of the trend and your understanding of the market structure. To keep it brief, stabilize and focus on your own trading!
Bitcoin is short around 119500-120000, with targets at 118000/116500/115000.
Ethereum is short around 4330-4360, with targets at 4230/4170/4100. All defensive positions should be determined based on individual actual holdings, with specific real-time market points based on actual trading at #合约交易 .
In this market, it's hard to make a profit. It's really time to seriously reflect on your own reasons and consider whether you are suitable for this market #合约交易
Ether aspect: From the daily chart, the daily candlesticks have been consistently bearish, with prices currently retracing to the MA10 daily moving average at 3550. Pay attention to the situation of this line. In the 1-hour chart, the key short-term resistance level is at 3670. The retracement trend at the 1-hour level is quite obvious, with initial support to focus on the MA256 daily moving average at 3450. The short-term trading suggestion is to primarily short on rebounds!
Trading strategy: Short near 3640, target 3530#ETH #合约交易
Recently, the price of Bitcoin has been fluctuating around 117800, overall in an upward trend, but the recent rise has slowed down, and trading between bulls and bears is becoming increasingly tense. The candlestick patterns and indicators show that the price is entering a phase of consolidation or slight pullback. The upper pressure is at the previous high of around 123300, while the lower support is at around 113800.
Trading Suggestions
118300-118000🈳, target 116700-115700, stop loss at 118500
Second Bitcoin: 3650-3620🈳, target 3520-3420, stop loss at 3670 #合约交易
Today's Bitcoin price is in a volatile state, with a short-term upward trend, but facing key resistance levels, there is a certain degree of uncertainty. Specific analysis is as follows:
- Price range: The current price of Bitcoin is $117,500, within a volatile range of $116,300 to $120,941. - Technical indicators: The daily RSI has rebounded from the oversold area to 55, and the MACD histogram is contracting, indicating a need for short-term momentum recovery. The middle band of the Bollinger Bands has moved up to $116,500, with the price stabilizing above the middle band, establishing a short-term upward trend. - Key levels: The $120,000 level has a dense short liquidating area, which is an important resistance level. If it cannot be effectively broken through, it may test the support level of $116,300. - On-chain indicators: The net outflow from exchanges has exceeded 12,000 BTC for 8 consecutive days, with 74% of circulating tokens locked for more than two years, showing significant supply tightening characteristics that provide certain support for the price. Additionally, selling pressure from miners has eased recently, which is also beneficial for price stability. #BTC走势分析
The market bottomed out at the 107200 line in the early morning and then stabilized and warmed up, subsequently forming a three consecutive bullish trend. It not only recovered most of yesterday's losses but also saw an increase in trading volume, providing support. On the technical side, the fast and slow lines along with the KDJ three lines are about to form a golden cross resonance at a low position, indicating that bullish momentum is beginning to revive, and short-term recovery expectations are significant!
From the four-hour level, the price is gradually rising and testing the middle track of the Bollinger Bands. If it can completely break through and stabilize at this position, the bulls are expected to start a new wave of upward movement. However, currently being the weekend, the probability of the market exhibiting a one-sided trend is relatively low, and it is likely to maintain a fluctuating pattern. Therefore, the day trading recommendation is to focus on short-term strategies, with high shorts and low longs! Personal trading suggestion:
Bitcoin: Long at 107600-107100, target around 109200! Ethereum: Long at 2500-2480, target around 2620!#合约交易
The market has been in a narrow range since early morning, currently returning above 109000, but the short-term bullish momentum has significantly weakened, and prices have once again entered a high-level consolidation. Observing the 4-hour chart, the bullish forces have attempted to break the key resistance level three times, but each time they reached the pressure zone, they encountered strong selling pressure, forming a clear long upper shadow pattern, indicating insufficient follow-up buying interest in the market. Given that the pressure above is effective and the breakout was unsuccessful, we maintain our morning trading strategy, suggesting to continue adopting a rebound high short trading approach.
The first contract is to short around 109800-110300, with attention to 108500; the second contract is to short around 2600, with attention to 2500. #合约交易
At 8:30 PM, the US employment data will be released, and this one is quite important. Before and after the data results come out, the chances of volatility will increase, so it is advisable to remain more cautious. If unsure, it is better to observe more [not simple]#BTC重返11万
Will Dogecoin really go to zero without Musk's support? In fact, Musk is currently struggling to take care of himself, so where does he find the energy to support Dogecoin? It's probably a bit difficult for the long-awaited Dogecoin to reach 1 dollar. In 2021, Dogecoin's price was fixed at 0.7, and that was due to Musk's strong support for Dogecoin and the resulting bull market from large purchases. Do people still have faith in Dogecoin? #合约
The afternoon market saw a certain rebound, with the highest ratio recovering to the 105500 line before facing pressure and retreating. The ratio then retested and broke below the 105000 mark, continuing to oscillate around the bottom. Ethereum, in the afternoon, did not show much volatility, oscillating around the low range of 2500-2530, and is currently showing a certain momentum for proper consolidation. The recent focus still needs to be on whether the situation in the Middle East further deteriorates, affecting the current landscape.
Currently, the market is presenting a low-level consolidation. The afternoon rebound reached the 105500 line, touching the Fibonacci 61.8% value for a retest. The trend is currently unclear for both bulls and bears, and the overall low-level consolidation will continue to gather momentum. The four-hour candlestick structure has recovered and returned within the Bollinger Bands, with the MACD indicator's fast and slow lines maintaining a consolidation below the 0 axis. In the short term, continue to maintain range operations. After the market closes and stabilizes above the 105500 line, consider reversing to chase longs. Ethereum appears slightly stronger; if the market does not stabilize and recover to the 2570 line, there is still a certain space for pullback. The current trend is still a weak structure, so the operation should continue to follow the trend and treat it as a high short. Pay close attention to the movements of the US stock market in the evening.
Bitcoin can short near 105500, with a short-term target around 104200. Ethereum can short in the 2550-2570 range, looking toward 2500 nearby. #合约交易
Bitcoin has reached the brink of a potential collapse, the big one is coming, seize the opportunity of the C wave decline 📉, short, short, short #BTC走势分析
6.4 Afternoon Analysis Recently, the overall trend is 📉, and it is active near the lower track of the Bollinger Band. It has touched the lower track many times and the single rebound is weak, indicating that the persimmon market is in a weak state. MACD RSIK DJ and other indicators are consistent, pointing to the dominant position of the investment, and the market sentiment is weak. In the short term, with the shrinking of the boll and the RSI approaching the oversold area, it may continue to fluctuate downward to test the support below at 105072.3. If the support is lost, the 📉 range may be further expanded. If it is supported near the support level, a certain degree of technical rebound may occur. Suggestions: Big cake: around 105800-106500 箜 Target: around 104000-103000 Second cake: around 2640-2660 箜 Target: around 2600-2560 #BTC走势分析
BTC From the four-hour perspective, the middle line of the Bollinger Bands at 104657 is a valid support, and the price is operating above the middle line. The upper line at 105884 constitutes short-term resistance. MACD shows a golden cross below the zero line, the green bars are shortening, and bullish momentum is starting to emerge. In the short term, it may maintain a range of 103430 - 105884. If it breaks the upper line, it is likely to test the previous high of 106470; a break below the middle line would require caution for a pullback.
Personal opinion, for reference only: The range for BTC is 105300-105800, with targets at 103000, 101800, and 100000#BTC走势分析 .