The overall market pattern has not changed much and is still in the adjustment phase after a rally. From the current trend, the short-term price of the currency shows a clear high-level consolidation after the surge. Although there have been some pullback actions, both the strength and space are limited. The price has stabilized around the 96000 line, forming effective support signs. After the bulls refreshed the high point yesterday, they did not retract their gains and continued to consolidate at high levels. The current market sentiment appears relatively optimistic, with no obvious sell-off, which is also the reason we have been continuously suggesting to buy at low points in the past few days. At present, the K-line pattern is still quite clear, with the daily line showing a significant rise after a long period of box oscillation. Under this rhythm, there will still be some continuation actions, so the operation is relatively straightforward; just follow the trend and enter accordingly! On Friday evening, Bitcoin continues to reference the 96000 line as a watershed to attempt to enter long positions. The target remains unchanged, still looking at around 98000. For Ethereum, reference 1800 as support for entering long positions, which can also be held, with the target unchanged, first looking at around 1900, and then at the 2000 mark!$BTC $ETH #币安HODLer空投STO
Friday, good morning on a new day! Yesterday's overall operations were quite good, and we managed to get into long positions at consecutive lows.
Yesterday, the bulls made an attack on the 97400 line around midnight, followed by a pullback adjustment. After breaking through, the continuation of the market was very evident. The rhythm of rising after a breakthrough is a rule in recent market trends. I often tell everyone that without breaking, there is no standing; so when there's a breakthrough, just follow the trend, and you can generally capture a good amount of space. Still, it's a pattern of rising and falling, adjusting after a rise, and then pushing higher to refresh the high points. Under this kind of trend, the operations are relatively clear: the bullish trend requires patience to wait for opportunities after a pullback to continue to buy at lower levels, especially after a breakout action. Therefore, this morning's thinking is very simple: just step back and continue to buy. On Friday morning, Bitcoin continues to reference the conversion area. Buy around 95000-95500, with a target still looking at around 98000. Although Ethereum also refreshed its high point yesterday, it still lacks strength. Currently, it is maintaining a consolidation above 1800, and in the morning, we continue to rely on the position to buy and follow up, first looking at around 1900, and if it breaks through, we will continue to look at the 2000 line!
Thursday, the long position strategy continues to pay off, harvesting continuously, holding long and bullish through midnight, target around 98000! $BTC #稳定币日常支付
US stocks opened lower across the board, causing Bitcoin and Ethereum to pull back, but the overall pattern has not reversed. The short-term pullback is only influenced by news. Aggressive traders can go long directly around the current price of 93200, and continue to focus on the 95000 level above! $BTC #特朗普就职百日
Wednesday, another new day, good morning everyone!
The price of Bitcoin is continuing to pull back after rebounding around 95400, with the morning low reaching around 93900. The overall rhythm remains within the range of the box. The short-term strategies we've provided in the past few days have been very clear. If you have followed our suggestions, I'm sure many of you have enjoyed some gains!
Currently, the technical structure hasn't changed much. The up and down space isn't very large, and there hasn't been a significant one-sided move. However, I've mentioned before that this makes it easier to trade because the shape and structure are here. As long as you don't chase, you can generally achieve a good outcome. There hasn't been much change on the daily chart, and the larger trend is maintaining a high-level oscillation. Without significant news or macro narratives in the short term, this will lead to insufficient overall momentum. Although the smaller cycles have pulled back, the overall structure remains unchanged. It is expected that the lows will continue to rise and oscillate. We are currently seeing a pullback action, and in the short term, we see signs of halting to look for low-level opportunities to go long!
On Wednesday morning, focus on going long in the 93000-93500 range for Bitcoin, with the upper focus on the 95500-96000 area. If the rebound breaks through, follow the trend accordingly. If it doesn't break, continue to operate by selling high and buying low within the range! For reference only, not constituting investment advice. $BTC #加密市场反弹
Tuesday, the overall volatility during the day is not very large. The price of the coin continues to oscillate within the box, fluctuating back and forth in a range of more than a thousand points. This rhythm is very suitable for short-term trading. From the current technical structure, after a continuous rebound and breaking the high, the momentum is insufficient. Multiple rebounds have all shown residuals in the 95500-96000 area. Although the bullish momentum and continuity are both lacking in the short term, the support below is very solid, and the low points are gradually rising. After a continuous upward movement, it is quite normal to take some time to repair and oscillate. The back-and-forth switching of long and short positions with rising low points is a clear correction of the bullish trend. For the short-term strategy in the evening, the current coin price remains at the high end of the oscillation range. Therefore, before breaking this position, we continue to take short positions first, and after a pullback to the low points, we can continue to go long and look for rebounds! In the evening of Tuesday, Bitcoin rebounded in the 95000-95500 area for short positions, and went long in the 93000-93500 area for pullbacks. We can follow the trend once a breakout occurs! As for Ethereum, the pressure is still concentrated in the 1830-1850 area, with support below at 1700-1730. For the short term, continue to refer to the high and low points within this range for short-term operations! For reference only, not a recommendation for investment $BTC $ETH #币安Alpha上新