Bitcoin/Ethereum Market Analysis and Trading Ideas on June 21st
Based on the current chart, the four-hour level shows that the market is under pressure after rebounding to the upper Bollinger Band, with bears pushing down sharply. The price is currently running below the middle Bollinger Band, the KDJ indicator's three lines have formed a death cross pattern, and there is no continued downward divergence. The overall market pattern has again entered a weak state. From the one-hour level, the market shows a strong downward trend with two consecutive bearish candles, with the price approaching the lower Bollinger Band. The MACD indicator's fast and slow lines have formed a death cross above the zero line, with the indicator values entering the negative zone, but the KDJ indicator's J value has entered the overbought zone. The midnight rhythm still appears relatively strong; although there has been a pullback, it is merely a trap for shorts. If the bears do not hold the 103800 level, we will continue to go long.
Bitcoin: 103500-13000 range Looking at 104500-105500
On the afternoon of June 20, Bitcoin/Ethereum trading strategy was steadily achieved
After the afternoon market completed, the coin prices rebounded as expected, confirming our trading strategy. In the afternoon, Bitcoin and Ethereum peaked at 106400 and 2568 respectively. The Bitcoin trades we positioned during lunch gained over a thousand points, while Ethereum gained over 60 points. Congratulations to those who followed along #波段交易策略 $ETH $BTC
June 19 Afternoon Bitcoin/Ethereum Market Analysis and Trading Ideas
The market once again moved as expected in the early morning, with Bitcoin retracing to around 103500 before moving upward, but it did not pose an effective threat to 105500, followed by a pullback.
Ethereum also reached the expected high of 2546, very close to our profit-taking target. Although there were some gains from the long positions set in the early morning, the levels were not ideal.
The daily K-line range still serves as a positioning function, with prices maintaining fluctuations below the middle track and showing a trend of forming a doji candlestick. On the four-hour line, after the upward fluctuation in the early morning yesterday, we saw a fluctuation pullback in the afternoon, with frequent price movements. Today, there is a high probability of alternating bullish and bearish trends, with intense competition between long and short positions. After the price rebound, the KDJ has resumed an upward trend, but the MACD is still downward, and the reduction in volume for the head is not obvious. The short-term situation will still maintain a fluctuating adjustment, and we will first look at the continuation of the doji.
Bitcoin 104500-104000 support, look for 105500-106000 Ethereum 2520-2500 support, look for 2550-2600 #以色列伊朗冲突 #鲍威尔发言 $ETH $BTC
June 19th Early Morning Analysis and Trading Ideas for Bitcoin and Ether
Although the current market is in a stage of high-level tug-of-war between bulls and bears, the overall strong trend remains unchanged. The previous retracement has not completely consumed the recent upward space, highlighting the resilience of the bulls. Today's market shows a slow upward trend; although it is not a vigorous attack, the movement is more stable and lasting. However, considering that the recent rebound space has been repeatedly restricted, attention should be paid to the possibility of some short-term retracement. Observing the 4-hour chart, the market has repeatedly shown 'drawing door' patterns, with short-term characteristics of probing highs and then retreating. This trend is better defined as high-level oscillation and consolidation rather than a strong one-sided movement. This week, it is expected that both bulls and bears will continue to engage in a tug-of-war. It is worth noting that although the price has repeatedly probed higher and then retreated on the 4-hour chart, it has managed to hold above the key support level near the previous high point and stabilize again. As long as this key support holds, the view of continued bullishness remains unchanged. If it unfortunately breaks down, the market may turn to a downturn. In the short term, the market is likely to continue the oscillation and tug-of-war pattern, with frequent conversions between bulls and bears, but the stabilization signal above the key support retains hope for subsequent upward movement.
Analysis and Trading Ideas for Bitcoin/Ethereum Market on June 18th Early Morning
From the four-hour chart, a steady downward trend structure is evident. Although there are occasional bullish rebounds, the rebound momentum is clearly insufficient to reverse the overall downtrend. Currently, the price has effectively broken below the middle track of the Bollinger Bands, and the Bollinger Bands are continuously opening downward, clearly highlighting the dominance of the bears. At the same time, the buying power in the market is weak, and there is heavy selling pressure above, further intensifying the downward pressure on prices. From the one-hour chart, the unilateral downward trend is more pronounced. The price continues to close in the red and has touched the lower track of the Bollinger Bands, indicating strong bearish strength. Based on recent trend patterns, it is expected that the bearish trend will continue this evening; however, after reaching a temporary low, the market may experience a brief correction. Subsequently, a technical rebound is likely to occur, but after the rebound, it will continue to decline.
June 17 Afternoon Bitcoin/Ether Market Analysis and Trading Strategy
From a short-term perspective, after the rapid fluctuations in price, the market will maintain a certain range of oscillation, but the overall upward structure remains difficult to change.
On the four-hour chart, this recent dip has brought the coin price back below the upper band, and the short-term upward momentum has weakened somewhat. Additionally, the price action has not been a rapid surge, so the short-term long positions can be slightly reduced, and the upward process will inevitably be accompanied by pullbacks. During the pullback, key levels will again concentrate around the 106500 line, and a valid break below will test the previous breakout point of 105500.
Bitcoin: Buy in the range of 107000-106200 with a target of 108500-109000.
Ether: Buy in the range of 2580-2560 with a target of 2660. $BTC $ETH #美联储FOMC会议
Analysis and Trading Ideas for Bitcoin/Ethereum Market on June 16 Afternoon
Bitcoin has stabilized and rebounded from a low around 102600 in the 4-hour chart. After a short-term increase in volume, the upward momentum has slightly slowed down, and the pace has shifted from strong upward movement to a consolidation phase, with a mix of adjustment and organization. Moving forward, there will likely be repeated fluctuations with highs and pullbacks, leading to short-term back-and-forth movements, which will build momentum for the medium-term trend. The short-term rhythm involves taking a look back at every step, and in combination with yesterday's movements, the strategy should focus on ultra-short-term responses, precise entry points, with consolidation coming first and trends following. Currently, there are no clear signs of one-sided movement, so it’s important to grasp the high and low range wisely. In the short term, one should still be cautious of a slow increase followed by a pullback and lower closing rhythm.
Bitcoin: Buy around 106000-105500, target: 107000-107800 Ethereum: Buy around 2560-2600, target: 2650-2700 #以色列伊朗冲突 #加密市场反弹
June 16th early morning Bitcoin/Ethereum market analysis and trading ideas
The daily chart continues to show a wide range of fluctuations. After another plunge in the coin price, the Bollinger Bands have a downward trend, and the downward pressure remains significant. In the subsequent rebound, there is still no effective threat to the middle track, so the focus today will be on the contest for the upper shadow line.
On the four-hour chart, the short-term maintains a range-bound fluctuation, and neither bulls nor bears have shown strong continuation. After the previous pullback formed a nearly parallel low point structure, it is clear that the support level has been lifted. The technical indicators also show a unified upward trend, with bulls slightly favored in the short term. However, the key strong resistance level is between 106000-106500. If it cannot effectively stabilize the market, there is still a risk of testing the lower support level at 104000. Therefore, my personal view in the early morning is to maintain a focus on high short positions.
June 15 Afternoon Bitcoin/Ethereum Market Analysis and Trading Strategy
In the early hours of today, Bitcoin and Ethereum, long positions around 104000 and 2480 have profited, peaking at 10628 and 2552
Today, Bitcoin and Ethereum continue to fluctuate within a range, with a focus on high selling and low buying. Currently, the Bitcoin market has once again entered a typical weekend mode of range-bound fluctuations. In such an environment, the market usually lacks enough momentum to drive a one-sided big trend, and the price fluctuation range is relatively limited. In light of this situation, our best strategy is to follow the market rhythm and operate flexibly within the range.
6.15 Early Morning Bitcoin and Ethereum Market Analysis and Trading Ideas
In the afternoon, I provided a bullish outlook. Although the market fluctuated slightly, it still experienced a slight decline, testing the lower support levels. Currently, the short-term support level at 104000 remains quite solid, and the long-term support level at the 100000 threshold continues to be strong. The weekend market feels like a frog in warm water, testing market sentiment.
Currently, the market's pressure level is around 105400. Long positions can pay attention to this pressure level. If it breaks this pressure level in the one-hour closing, the market could continue to rebound, with the next pressure level around 106000.
Bitcoin: 104500-104000, looking at 106000-106500 Ethereum: 2505-2480, looking at 2550-2580 $BTC $ETH #币安Alpha上新
In the early hours of the 14th, the Bitcoin script moved over a thousand points, and the aunt made a small profit of several dozen points.
From the four-hour level, Bitcoin is in a low-level oscillation and consolidation pattern. After stabilizing around 105,000, it has formed a stepped recovery structure, and the overall technical shape is healthy and slightly strong. The MACD indicator shows a slight bottom divergence, and the fast and slow lines are expected to turn upwards near the zero axis, indicating that short-term bullish momentum is accumulating. In the short term: although the price recorded four consecutive downward movements, the support below is strong. The short-term pullback can be seen as a technical adjustment, accumulating strength for subsequent upward movement. As the weekend approaches, market volatility is expected to narrow. Given the positive repair signals on the technical front and solid support, we are bullish in the afternoon, suggesting a focus on buying the dips during this oscillating market.
Bitcoin: Watch the range of 105,000-104,500, aiming for 106,000. Ethereum: Watch the range of 2,550-2,500, aiming for 2,580-2,600. #以色列伊朗冲突 #CPI数据来袭 $BTC $ETH
June 14th Early Morning Bitcoin and Ethereum Market Analysis and Trading Strategy
After hitting the bottom on the 4-hour and 1-hour levels, a slight rebound wave was triggered, with bulls slowly recovering, forming a two consecutive bullish candlestick pattern. During this decline, the market was almost given no breathing room for consolidation, so this rebound is genuinely within the normal correction range of the market. Attention should be paid to the recovery situation at 106500; below this level, the bearish trend remains unchanged. During the correction, the probability of regaining the bullish trend is slim, and this rebound is merely a correction rather than a trend reversal, with further declines still possible in the future. In the short term, the main theme of the market is bearish, with the current rhythm being a prelude to rebound correction, followed closely by the continuation of bearish forces and further downward adjustments.
Friday Afternoon Bitcoin and Ethereum Market Analysis and Trading Ideas
Bitcoin entered a consolidation phase after tensions escalated in the Middle East this morning, currently showing signs of stabilization at the 103,800 level. The 4-hour RSI is severely oversold and the price is far from the moving average system, indicating a strong demand for a rebound on the technical front. If the 102,600 support holds, the rebound target could be in the 104,500-105,000 range; a breakout may further test the critical resistance at 106,000. The 103,800 level has become a short-term dividing line for bulls and bears; if it holds, it may attract short covering buying. Pay close attention to the 104,200 breakout situation, as this level could serve as a confirmation signal for the continuation of the rebound. Additionally, closely track changes in the geopolitical situation; if market panic subsides, it will be beneficial for the rebound trend to continue.
From a technical perspective, the Bitcoin price has once again touched the middle band of the daily Bollinger Bands, and there are currently no signs of an effective breakout; upward momentum remains insufficient. The 4-hour candlestick chart shows a series of consecutive bearish candles with a slow decline, and the price continues to oscillate within a range without achieving a directional breakout. For the afternoon trading strategy, it is recommended to look for buying opportunities on dips. Aggressive traders can still attempt light positions for potential short-term upward continuation, while conservative traders should patiently wait for a dip to establish lower positions. #以色列伊朗冲突 #加密市场回调
June 13th Early Morning Bitcoin/Altcoin Market Analysis and Trading Strategy
The four-hour K-line pattern shows that the current market has consecutively formed six bearish candles. The Bollinger Bands are gradually forming a closing trend. We all know that this indicates a significant market movement is about to occur. From a technical indicator perspective, the K-line has not touched the lower band during the previous pullback, and currently shows an upward breakout trend, indicating that the bulls are gradually warming up, and the bearish power is being gradually eliminated, with the bulls regaining dominance.
Additionally, the Bitcoin 107500 level has become a key defensive line contested by the bulls. If this level can be effectively defended, the likelihood of subsequent bullish momentum will significantly increase. Based on this, the trading strategy in the early morning suggests focusing on buying the dips in bullish positions, adopting a high-sell, low-buy approach, while closely monitoring the breakdown of key levels.
Bitcoin: 107500-107000 bullish, looking at 108500-109500 Altcoin: 2730-2700 bullish, looking at 2780-2830 #CPI数据来袭 #币安HODLer空投HOME
Analysis and Trading Ideas for Bitcoin/Ethereum Market on June 12th
In the evening, Bitcoin once again experienced a surge after fluctuating throughout the afternoon, finally breaking through the 110,000 mark. The current structure is quite clear, as Bitcoin has repeatedly tested the upper resistance level. This time, the breakthrough is also just around the corner. After the breakout, it is highly likely that it will continue the previous bullish trend, entering the second phase of a bull market. Although it is currently at a relatively high position, the overall structure has not shown significant retracement, indicating that the bulls remain strong. It is recommended to continue positioning with long orders and patiently wait for the market to unfold.
In the evening, Ethereum continued to strengthen. From a short-term trend perspective, the price has basically stabilized at the 2800 support level. On the hourly chart, the price is steadily operating above the middle band of the Bollinger Bands, with the candlestick pattern showing a bullish momentum continuing to push upward. The MACD bearish volume is shrinking, and the double lines are turning upward again. The trading idea for the evening can look for a continuation of a rebound.
Bitcoin: Long at 109500-108500, target 111500-112000 Ethereum: Long near 2850-2820, looking at 2880-2930 #比特币突破11万美元 #看懂K线
June 11 Afternoon Bitcoin/Ethereum Market Analysis and Trading Thoughts
From the current market perspective, after a single bullish rise on the daily chart, Bitcoin has formed a doji candlestick pattern, and today’s closing is at a high position, indicating a technical pullback correction phase. The doji candlestick has a significant lower shadow, indicating strong resistance below. On the four-hour structure, after breaking through the upper band, it has maintained a wide range of oscillation, indicating a phase of consolidation with back-and-forth between bulls and bears. The large fluctuation has also intensified the force of the washout. Currently, the KDJ is flat and running sideways. Prolonged sideways movement often leads to a drop. In the short term, we are still watching whether the upper level of 111000 can stabilize. For trading, it is suggested to go short at higher levels.
Bitcoin: Short at 110500-111000, look near 107500
Ethereum: Short at 2800-2830, look near 2720 #看懂K线