王建波

ETH and BTC have once again pulled back in sync, and the price of the coins is currently limited after continuously reaching new highs. We are now entering a phase of range convergence. It looks like there will definitely be a significant market movement as we approach noon. For those who haven't taken a break yet, Old Wang does not recommend making any arrangements now, as the waiting time is long and the risks will be greater.

The market on Friday, $BTC , has completely ended. This week during the workdays, the movements were indeed unexpected. The sudden surge in the evening, driven by institutions, main players, and news, caused BTC to surge directly to the 117500 line, while ETH simultaneously rose to the 4850 line, breaking new highs. Old Wang was also quite busy during the day with matters like actual reports, so he didn't prepare any recorded images for everyone. However, the correctness of his analysis can be seen in the ideas he shared during the day, all of which were accurate. For those friends who are at the peak of the pattern, ETH could even secure a space of 800 points. Now let’s analyze the subsequent market trends.

After the fierce surge in the evening market, the market sentiment remains high. ETH has successfully broken through 4800 to create a new high. Currently, the market is just undergoing a correction after the evening surge, and we still hold a bullish outlook for the future.

From the 4-hour perspective, the rapid surge in coin prices has entered a severely overbought state, without an effective correction yet. Technically, ETH's price is expected to rise in the short term, while BTC's price is leaning towards a fluctuating upward trend. The market's greed and fear index is at 51. To be prudent, Old Wang suggests laying out a low-buy strategy.

Operational suggestions:
Buy Bitcoin at 116300-116800, targeting 118000.
Buy Ethereum at 4790-4830, targeting 4900.

As long as you follow seriously, Old Wang will save you. Don't die at the hands of other analysts, and come here half-dead.

Everyone can see the past strategy analysis layouts to judge how accurate Old Wang is during the day. No one would still think Old Wang is lying about this perfect advance notice, right? I won't say much for the day; friends who kept up with the real market minimum made at least 4000 points, and they are reaping the rewards.

Friends who want to keep up can contact Old Wang anytime, starting from 3000+. Our target is set directly at 30000. Be bold and work hard; you only need to closely follow Old Wang. $ETH #杰克逊霍尔会议 $BTC #美国初请失业金人数

Currently, the ETH market is also showing continuation, with another attempt to reach a new high at around 4860. Based on this situation, there will be a brief pullback before another attempt to rise again. We can timely position ourselves to enter during the pullback, and it is expected to retrace to around 4810 near #杰克逊霍尔会议 .

The market on Friday has completely ended. This week's trading days have been quite unexpected. The sudden surge in the evening, stimulated by institutions, main forces, and news, caused BTC to rise directly to the 117500 line, and ETH to rise to the 4850 line, breaking new highs. Old Wang was quite busy during the day due to various matters, so he didn't provide everyone with organized charts and records. However, the correctness can be seen from the ideas shared by Old Wang during the day, all of which are accurate. Friends who have reached the extreme pattern might even see ETH take a space of 800 points. Now let's analyze the subsequent market trends.

After the fierce surge in the market in the evening, market sentiment remains high. ETH successfully broke through 4800, creating a new high. Currently, the market is only undergoing a correction after the evening's surge, and we still expect a bullish trend in the future.

From the 4-hour chart observation, the rapid surge in coin prices has entered a seriously overbought state, and there has not yet been an effective correction. From a technical perspective, ETH's price is expected to rise in the short term, while BTC's price is leaning towards a fluctuating upward trend. The market greed-fear index is 51, so to be cautious, Old Wang suggests laying out a strategy of buying on dips.

Trading advice:
Buy Bitcoin at 116000-116500, targeting 118000.
Buy Ethereum at 4780-4800, targeting 4900.

Is there still a chance to get in on ETH? Are there still bears around...

In the evening market, BTC rose nearly 6000 points in space, and ETH rose 500 points. Friends who followed Old Wang's evening strategy, this wave of big harvest must be enjoyable?!

On the eve of Powell's speech, a series of institutional fund movements and market prediction news emerged one after another, injecting strong rebound momentum into the market.

Before the Jackson Hole meeting, the Fed released multiple signals indicating interest rate cuts, and the market began to price in a possible reduction of 25 basis points or even more in the future. This expectation of easing greatly boosted buying in risk assets, making cryptocurrencies like BTC the focus of capital pursuit, leading to a frantic rise.

With large institutional orders and major funds frequently entering and exiting the market, accompanied by short positions being rapidly liquidated at key positions, a chain reaction of liquidations was triggered. The intense adjustment of leveraged funds caused the market to surge rapidly in a short period, with capital flow and trading volume sharply increasing, exacerbating short-term volatility.

Looking ahead, the BTC market remains full of uncertainty. Because after Powell's speech, if the Fed further confirms the expectation of interest rate cuts, it is likely to continue driving the market upward. However, in the short term, due to overbought technical indicators, some investors may choose to take profits, leading to price adjustments.

In the short term, we need to reasonably plan our positions and strictly set stop losses to prevent the risk of consecutive liquidations due to sudden market changes. Old Wang will provide an analysis of the early morning strategy later, so please check it in a timely manner.

When you think you've figured out the dealer's tricks, you may have already become nothing more than a 'liquidity provider' in the eyes of others.

The market today, after Old Wang's early post, has progressed smoothly. Both BTC and ETH not only reached Old Wang's entry points but also exceeded his expectations significantly. For those who understand the situation, BTC can reach 1500 points, and ETH can gain 150 points. However, due to being quite busy during the day, I didn't have time to update everyone, and I'm only now taking a moment to provide a brief analysis.

The market is still in a downward oscillation state, just as Old Wang mentioned in the morning. Both long and short positions can be pursued, but it requires us to observe and analyze the market and important points in a timely manner before positioning. Currently, the market is in a downward trend, and there is a high probability of a rebound later, so those looking to position short can refer to the important points shared in Old Wang's morning post. Old Wang still maintains a low long strategy for positioning.

Operation suggestion:
Bitcoin 111300-111800 long, target 113000
Ethereum 4160-4190 long, target 4280

Old Wang was busy with personal matters and with students from Shihpan yesterday, so he did not share strategies with everyone in a timely manner. For friends who contacted Old Wang, he also promptly provided an analysis on the short-term market.

From the current market perspective, the downward trend of BTC and ETH continues, but there has not been a significant and strong one-sided trend appearing in the short term. Basically, there are fluctuations back and forth in the market; under these circumstances, we need to pay more attention to the support and resistance levels above and below for our layout. For short-term operations, we also need to consider the timing of entry points.
For BTC, we need to consider the short-term support levels of 112000-111000 and short-term resistance levels of 114000-115000.
For ETH, the short-term support levels are 4200-4150-4100, and the resistance levels are 4350-4450.

Operation suggestions:
Bitcoin 111600-112100 fluctuations, look at 113500.
Ethereum 4180-4220 fluctuations, look at 4300.

Based on the intraday market conditions, the cryptocurrency prices can be said to be stabilizing. BTC is fluctuating around the 114,000 mark, while ETH is oscillating around 4,300. Lao Wang expects significant volatility in the cryptocurrency prices after the U.S. stock market opens in the evening.

Now, in the afternoon layout, Lao Wang suggests that everyone should remain inactive in the short term and quietly wait for the white market to pass and the trend change to conclude, as this is the safest approach. If there are any bold friends, Lao Wang suggests trading BTC. Is the recent downward fluctuation really opening up a gap? That’s a death knell! ETH, on the other hand, is showing a convergence in the 15-minute short-term, which will cause the price to fluctuate within the 4,280-4,320 range. Friends who wish to position themselves later can trade high and low within that fluctuation range. But remember to be cautious of any trend changes.

Trading Suggestions:
Bitcoin 113,000-113,500, watch 114,500
Ethereum 4,260-4,290, watch 4380#加密市场回调 $BTC

ETH has also dropped below 4300, and the 4-hour K-line is starting to approach the middle Bollinger band. If it effectively breaks below the middle Bollinger band this time, it could really trigger a deep correction. Fortunately, I advised friends to cut losses on the second order during the morning live stream, or else this wave would have resulted in significant losses.
Looking at it now, the entry point given in the morning is not viable; we will wait for the market to show up before making arrangements.$ETH #加密市场回调

From a short-term perspective, the price of Sol is gradually increasing on the 4-hour chart. Currently, the price is also running at the upper Bollinger Band. After a small pullback in the short term, it is expected to rise again. This pullback may occur alongside ETH, and it is anticipated to drop to around 182. Friends who follow Lao Wang's strategy can place long orders in the 181-183 range, with a target looking up at around 190. $SOL

The morning market appears to be going through a pullback, followed by a subsequent rise. In the future, we need to pay more attention to the technical signals on the 8-hour and daily charts to avoid a situation of consolidation.

From a 4-hour perspective, the BTC price is close to the middle Bollinger band and is currently below it. Overall, the technical analysis indicates that it is in a state of oscillating upward, with only a slight pullback in the short term. The ETH price is also near the middle Bollinger band but is currently above it, and there may be a supplementary rise pattern in the future. Overall, the short-term trend is still bullish, but Old Wang suggests observing and analyzing the consolidation phase before making any moves.

Operation suggestion:
Buy Bitcoin at 113500-114000, target 115000.
Buy Ethereum at 4280-4320, target 4400$ETH .

Old Wang's Morning Online Analysis $ETH #加密市场回调

ETH has now started to fluctuate upwards. In the short term, it is expected to only fluctuate around 4350 before gaining momentum again in the morning. For friends who don't have positions to trade, we can also rest early and wait for Lao Wang's morning insights to follow his lead!

BTC, just as Lao Wang anticipated, has taken nearly a thousand points of space, perfectly aligning with Lao Wang's entry and exit points. Those who didn't catch the profit will have to wait for Lao Wang's early train on Thursday.

ETH is really powerful, the target was perfectly reached, this wave directly reached Old Wang's target point, isn't this precise? Directly nearly 90 points of space $ETH

This morning, whether in the live broadcast or the analysis, it was mentioned that the price of the coin would only fall to around 4050. If it breaks below that, it is very likely that 4000 will not hold, and the pressure will be significant, especially after breaking below, it will accelerate the downfall and open a downward channel. Therefore, when the price of ETH approaches 4050, it is a turning point. I don't know how many short sellers are still hoping to drop a bit more to break even; Old Wang can only say that it's still too greedy. Even when advised to be more cautious, they are still unwilling; those who are insatiably greedy in the cryptocurrency world will only continue to face liquidation. $ETH #加密市场回调

As a derivative of ETH, the intraday price of SOL follows ETH. Currently, it shows a bullish trend. Friends who want to trade can wait for the price to reach around 181 or 182 to place long orders, still maintaining a low buy strategy. Our target is simply to look at 190.

BTC has also dropped to around 113400, soon reaching the entry point that Old Wang just posted in his blog. However, Old Wang does not recommend getting in at 113300; it's better to enter around 113000 to avoid taking unnecessary detours, which makes it easier! Friends in a hurry can indeed get in around 113300; just look at our target point directly. $BTC #加密市场回调