Yesterday's market trend was also a trend that gave opportunities to both bulls and bears. There were thousands of points in the up and down stretch. In the morning, we looked at the idea of retracing and then entering the long position. The short order placed first also took advantage of the waterfall. After the subsequent retracement, Still maintaining Kanduo's thinking, he also scored 861 points again.
The 4-hour chart adjusts the retracement wave pattern, and forms a continuation of the correction wave pattern when it falls below the 41,000 mark. In the short term, it will fall further. The second high point is the critical point this week, and the broken low point is the resistance point. It will continue after the current decline. The reverse draw confirmed that the low was broken, the highs continued to move downwards, and the lows continued to refresh.
In the 1-hour chart, after contraction and consolidation, it fell below the lower track, opening up the downside space. The Bollinger Bands opened downward, and the short-term bias is bearish. Regardless of the roller coaster-style washout, focus on the 40,000 mark below. If it breaks through, short positions will be given unilaterally, and continue to advance with the trend. On the contrary, it is enough to rebound to the upper pressure level. When the pullback is completed and the situation is stable, we still maintain the bullish thinking.
Operation suggestions
Big pie: Directly close to 41600, look at 42200
Ether: Directly near 2230, watch 2280
The direction of the short-term trend is disclosed on the entire network every day. Friends who are not good at driving and running short-term, and friends who are still waiting and watching, don’t hesitate and hurry up dd teacher↑🚗#币安合约锦标赛 #BTC
Perpetual futures are non-expiry futures contracts with a financing rate mechanism to balance prices. These funding rates are the payments exchanged between buyers (longs) and sellers (shorts) and are adjusted every eight hours. High funding rates often mean the market is too bullish and may even be overheated. However, with the recent price decline, highly leveraged traders have been driven out of the market and funding rates have returned to healthy levels below 0.1%.
The correction in the cryptocurrency market is already reflected in the number of open interest. Open interest for Bitcoin and Ethereum fell by 1.3% and 6.7% respectively, which could mean a correction is taking place across the cryptocurrency market. Currently, most investors are taking a wait-and-see attitude, waiting for the market to stabilize further.
Although the market is currently cooling down, this does not mean that risks in the cryptocurrency market have been completely eliminated. Investors still need to be cautious about market changes and do a good job in risk management. However, as the market corrects, long-term investors may see more investment opportunities.
Despite the decline in Bitcoin prices, some experts believe this could be a correction in the market, paving the way for a steady increase in Bitcoin prices by the end of the year. In the opinion of many investors and experts, the cryptocurrency market still has huge potential, especially Bitcoin's properties as digital gold, which will continue to be favored by investors.
Overall, although Bitcoin prices have fallen recently, this does not affect the long-term outlook for the entire cryptocurrency market. Investors should remain cautious while looking for suitable investment opportunities. As the end of the year approaches, new opportunities may emerge in the cryptocurrency market. #币安合约锦标赛
After the price comparison went sideways all day yesterday, it did not give much opportunity. Instead, the price comparison ushered in a wave of losses this morning. Although we have been bullish recently, we also looked at the retracement first in the morning. With the idea of going long, we first placed an orange order, and then the fundamental Panzhong signal also caught the signal that the retracement was not over in time. Our short order also chose to hold and wait, and then it lived up to expectations. The short order gained more than 1,800 points, and then we chose to enter the long position directly after experiencing the waterfall. Because the market moved faster, our long order also gained 861 points.
Judging from the structure of the daily line, the middle rail currently serves as the watershed for bulls and the limited support of the daily line. Although the price falls to the middle rail, it does not break below the middle rail and then rebounds, so the retracement is not a sudden change. At the beginning, we can still do short selling around the low level. On the contrary, if the price continues to fall and breaks through the strong support of the middle track, we can take advantage of the trend and turn around and go short.
Judging from the 4-hour level, the trend of the pie yesterday was almost in a horizontal pattern, with the price fluctuating within a certain range, and there was no obvious upward or downward trend. The recent plunge has given us the opportunity to go long. We can enter the market around 42100 as the bottom support. It is better to adopt a long-focused strategy during the day.
Last week, 20 pieces were given to the public, and I won them all, which is perfect. This week, pie won a total of 6269 points, and ether won a total of 366 points. I believe that the friends who follow me have already eaten meat. As I said again, no matter how accurate the strategies given are, if you don’t follow and place an order, it will never have anything to do with you. Opportunities are not waiting for you.
Judging from the current 4-hour chart, the market appears to be stabilizing at a high level and opening higher. The short-term is in a correction wave. As for whether it can be reversed, we need to pay attention to the form change in the market outlook. The general trend remains unchanged, keep watching
Operation suggestions
Big pie: There are many around 43300, pay attention to 44100
Ether: mostly near 2330, target 2380
The direction of the short-term trend is disclosed on the entire Internet every day. Friends who are not good at driving and running short-term, and friends who are still waiting and watching, don’t hesitate to hurry up and hurry up. Teacher dd↑#币安合约锦标赛 #BTC
Yesterday I gave some ideas for how to do it, and all of them have been verified. The currency price rebounded upward again at midnight yesterday, reaching a new high again, and the high point reached the 44780 line. It is currently retracing slightly and fluctuating at the 44200 line. The bulls are still strong! From a technical perspective, based on the K-line at 4 o'clock in the day, as soon as the non-agricultural news came out yesterday, everyone in the market started to step back, but the strength was not enough, and there was no sign of causing the 🈳 head to hit the market! Although there was a retracement, Duotou directly broke through the pressure level of 44,000, reaching a maximum of 44,780 points. Almost exceeded 45,000 points! Now adjust at 44200 points! Judging from the Bollinger Bands, the currency price is still running along the Bollinger Band track, and the MACD lines have also reached the turning point, and the momentum of the ⬆️ and 🈳 heads is gradually weakening! Just go long on dips during the day
Operation suggestions Big pie: Do Duo near 43600, follow 44500 Ether: Do it near 2340, pay attention to 2380
The short-term trend direction is disclosed on the entire network every day. Friends who are not good at driving and running short-term, and friends who are still waiting and watching, don’t hesitate and hurry up. dd teacher↑🚗#币安合约锦标赛 #BTC
The non-agricultural data was released. The expected value was 180,000, and the published value was 199,000, slightly higher than expected. The published data is not far from the expected value, so the fluctuations will be relatively limited. This round of non-agricultural data is expected to be difficult to predict the current situation. The bull trend poses a threat, and the thinking in the evening will continue to remain low and long.
Operation suggestions
Big pie: There are many directly around 43200, pay attention to 44000 Ether: more direct near 2350, pay attention to 2400
The short-term trend direction is disclosed on the entire network every day. Friends who are not good at driving and running short-term, and friends who are still waiting and watching, don’t hesitate and hurry up. dd teacher↑🚗#币安合约锦标赛 #BTC
Ethereum retraced in the morning, and we also took advantage of it. The current price was 2364 and we entered the market with a double order, winning 20 points. Judging from the market, the market has already begun to retrace, and Ethereum is also slowly retracing its pace. However, the retracement does not mean that the general trend has changed. This retracement is just a process of repairing the market, and the magnitude is not large. It will be too big, so we don’t need to consider shorting for the time being. Instead, we will consider going long after it reaches a low level.
Ether's daily Changyang attack, after the bulls' current round of upward attack was rectified, the ensuing break allowed the bulls to continue and make breakthrough progress. With the support of bulls in all aspects, the bulls are still strong, and the location below is also As it continues to rise, this upward momentum will most likely continue. With the fierce upward movement of Etherhead, following the trend is the first choice.
Ether: Directly close to 2350, pay attention to 2400
Big pie: Directly close to 43200, follow 44200
The direction of the short-term trend is disclosed on the entire network every day. Friends who are not good at driving and running short-term, and friends who are still waiting and watching, don’t hesitate and hurry up dd teacher↑🚗#币安合约锦标赛 #BTC
Although the market is fluctuating, it has indeed risen strongly and has repeatedly broken through highs, so it is very likely that the market will make up for the increase. Therefore, the recent direction operation recommends mainly going back to the lows and longs. Those who have not entered the market at the moment can wait. A pullback
Operation suggestions
Big pie: There are many direct positions near 43300, look at 44100
Ether: More direct near 2360, look at 2410
The direction of the short-term trend is disclosed on the entire network every day. Friends who are not good at driving and running short-term, and friends who are still waiting and watching, don’t hesitate and hurry up dd teacher↑🚗#币安合约锦标赛 #BTC
The technical structure has blunted the shock correction. In view of the normal convergence shock after the large base fluctuation last week, non-agricultural data will be released today, and the market is trading cautiously before the news. The space began to converge, and the daily line structure has been consolidating on the closing star K-line for three consecutive trading days since it fell back from the high at the beginning of the week. The space is getting smaller and smaller. At present, it is still oscillating above the upward trend line, and the short-term trend line has not been broken. Don’t dare to be too bearish.
Operation suggestions
Big pie: There are many direct positions near 43200, look at 44100
Ether: Directly more near 2360, look at 2400#币安合约锦标赛 #BTC
In the evening, I remind my clients and friends that Ether Duotan enters the market, Ether: 2240 in – 2323 out, with 37 points of space to get out, Big Pie: 43173 in – 43839 out, perfect Luo with 666 points of space to exit, real-time update of ideas, say a thousand words. Wan, if you don't follow the next one, then all this has nothing to do with you.
Judging from the current trend structure, the daily line is consolidating and building momentum, pulling the indicator upward. The K-line pattern shows that the short-term trend is more volatile. This means that the market is gradually gathering strength and preparing for future gains.
Judging from the 4-hour structure, the market experienced a dip, but then stabilized and rebounded, and is still running above the middle track. This suggests that the market is supported at its current level and that the bulls remain in control. To sum up, today we continue to maintain the same long thinking.
Operation suggestions
Big pie: There are many directly near 43100
Ether: Directly near 2300
The direction of the short-term trend is disclosed on the entire network every day. Friends who are not good at driving and running short-term, and friends who are still waiting and watching, don’t hesitate and hurry up dd teacher↑🚗#币安合约锦标赛
After the market has risen for a period of time, there has been a certain degree of retracement. This is a normal market phenomenon. In this process, we saw the power of the short side, stepped back as expected and took the key position. However, this did not stop the bulls from counterattacking. They went long directly and easily seized the opportunity, achieving both long and short losses. According to recent market trend observations, we can find a pattern, that is, repairs usually occur during the day. Prices tend to rise in the evening. However, the price is not yet back near our entry target. Therefore, we can seize this opportunity and carry out a wave of short operations. We go short directly near 44035 and take 761 points to take profit and leave. We go short directly near Ether 2269 and take 37 points to take profit and leave.
Suggestions for evening operations:
Big pie: There are many directly near 43100
Ether: Directly near 2230
The direction of the short-term trend is disclosed on the entire network every day. Friends who are not good at driving and running short-term, and friends who are still waiting and watching, don’t hesitate and hurry up dd teacher↑🚗#币安合约锦标赛
Bitcoin, the leader in the cryptocurrency market, has experienced a wave of gains recently. This rising momentum not only attracted the attention of market investors, but also attracted more attention to altcoins. It is expected that with the arrival of 2024, the entire cryptocurrency market will usher in a grand crypto feast.
Bitcoin’s strong run has attracted much attention over the past few months. Its price once exceeded the $300,000 mark and has stabilized at a high level. This trend has attracted the interest of many investors and promoted the development of the entire cryptocurrency market. However, at the same time, altcoins have also begun to show activity.
Altcoins refer to those digital assets developed based on Bitcoin or other mainstream cryptocurrency technology. They often have unique properties and uses, but relatively low market capitalization and popularity. However, as the price of Bitcoin rose, numerous altcoins began to show strong growth. This phenomenon is mainly driven by investors attracted by the potential for high returns and concerns that Bitcoin prices are too high. Therefore, the altcoin market is expected to receive more attention and investment in 2024.
Bitcoin (BTC) Just 55% Off All-Time Highs
There are still more than 24,000 points away from the previous high point of Bitcoin, which means that Bitcoin will rise another 55%. Ignas expects Bitcoin to hit another record high in the fourth quarter of 2024, or even earlier.
Altcoins look ready to break out of BTC's liquidity constraints. Maybe this weekend will be fun! This is a lot like the craziness of the 2020 bull market!
Yesterday evening, after the retracement was given, we also entered directly at the low point, and then won 530 points in short-term operations and were out. The main idea today is still to focus on long, that is, continue to look for buying opportunities, carry out reasonable position control and risk management according to market trends, while maintaining a patient and calm attitude, and trading with a sound strategy.
From the perspective of technical structure, the small cycle level shows that the upward space of the operating channel has been fully opened. However, the price did not break through to a new high, but fluctuated and consolidated near the high. The bullish power has been exhausted and is about to turn into a bearish trend. In addition, the moving average also showed signs of downward turning. Despite this, the price is still supported by the offensive and defensive lines, with limited room for correction. Before a sharp correction occurs, we recommend continuing to go long with the trend.
Operation suggestions:
Big pie: There are many directly near 43650
Ether: Directly near 2220
The above is only a personal opinion and for reference only. The article can only give you temporary direction and ideas. The specific operation is based on Shipan. If there is anything you don’t understand, please feel free to ask! #币安合约锦标赛
In recent days, the white market has been restored and the late market has risen, which seems to have become the dominant rhythm in the near future. There is currently a small retracement to gain momentum. The retracement is also to seek new support below. Don’t be affected by the current retracement. Just follow the overall trend and keep your previous thoughts. Evening suggestions
The pie is near 43800, the target is 45000
Look around Ether 2280, target 2350
The above is only a personal opinion and for reference only. The article can only give you temporary direction and ideas. The specific operation is based on Shipan. If there is anything you don’t understand, please feel free to ask! #币安合约锦标赛
Bitcoin's longest rally since May has pushed the coin above $44,000, raising questions about whether the currency's surge increasingly reflects belief that the Federal Reserve will ease monetary policy.
The largest digital asset had posted six consecutive days of gains, up about 16%, as of Tuesday, before consolidating in early Asian trade on Wednesday. Since the cryptocurrency crash last year, the rebound in 2023 is 165%.
This rally is largely related to the possibility that the United States will allow the first spot Bitcoin exchange-traded fund (ETF), and Bitcoin may have a wider investor base. BlackRock and Fidelity are awaiting the outcome of their applications, with some analysts expecting approval in January.
But since June, asset management companies have begun applying to launch Bitcoin ETFs, and related topics have been surrounding Bitcoin. Some have wondered whether the coin’s recent surge is more related to bets that the Federal Reserve will cut interest rates next year.
IG Australia Pty market analyst Tony Sycamore said Bitcoin’s high volatility and surge were a reminder that cryptocurrencies are “more sensitive than other asset classes to Fed shifts and policies.”
Yesterday, it was always suggested that the bullish position should be taken. In the evening, long orders were placed. The strategy was given to go long near 41600, and to go long near Ether 2180. Facts have proved that our thinking has always been correct. The pie scored 1385 points yesterday evening, and the ether scored 103 points. Once you find the right direction and ideas, it will be easy to eat meat.
On the daily level, KDJ and MACD continue to maintain an upward trend. MACD shows that the current currency price is close to the upper track area, which shows that the market still maintains an upward rhythm, the bulls have sufficient power, and there is a strong demand for an upward breakthrough. The release of short power appeared weak, and the moving averages showed a circuitous and simultaneous rise, which shows that the market trend is still dominated by bulls. Therefore, in terms of short-term operations during the day, it is recommended that investors carry out long operations when the price falls back to the low point.
Morning Suggestions
The pie is near 43800, the target is 45000
Look around Ether 2280, target 2350
The above is only a personal opinion and for reference only. The article can only give you temporary direction and ideas. The specific operation is based on Shipan. If there is anything you don’t understand, please feel free to ask! #币安合约锦标赛
In the early morning of this morning, Duo orders were prompted to enter the market. The market was directly long near 41230. The target was 42000, which exceeded expectations. It successfully won 860 points. Duo entered near Ether 2210 and also won more than 30 points. Judging from the overall trend, there is no problem with our thinking, and the given entry and exit points have been successfully reached. The entire Baipan is operating within a narrow range and does not give too many opportunities for rough moves.
According to the current market analysis, the daily upward trend has not ended yet, and the shape shows a continuous positive pattern. After a high, the market fell into a consolidation trend, and the bullish momentum was obvious. On the four-hour chart, the price is consolidating and accumulating energy at a high level, rising again after backtesting around 41,000 yesterday. The market is still in a strong bull trend, and the support below 36,700 is very solid. Judging from the intraday trend, the price is correcting based on yesterday's low, and it is still bullish on the continuation of the bulls.
Evening operation ideas
The market is bullish around 41,600, with a target of 42,300
Ether is bullish near 2180, with a target of 2280#币安合约锦标赛
Yesterday, the high of BTC was 42179 points, and it closed at 41280.8 points, with an amplitude of 6.94% and an increase of 3.83%. The main trend yesterday was mainly upward, with the closing price at the 5-day line. In the medium and long term, multi-party forces dominate.
According to the analysis at the end of last time, the short-term lower support position of the market is 3.73w. Once it falls below 3.73w in the later period, it may accelerate the market decline. So the main concern is, is 3.85w the recent daily high? The answer will be known in the next two days. You can gradually open a short position during the rallies and set a stop loss at the high point of 3.85w. But the market did break through a new high trend. When it broke through 38500, the market traded sideways for a while, then continued to attack 4w, and then went sideways at 3.95w, then continued to attack 4.2w, directly pulling out all the divergence. No more. The probability that the market will return to 3.85w in the short term is very small. In the current 4h trend chart, there is no consolidation divergence. At most, it is a consolidation divergence of 30 minutes. The lower support point is at 40300 points. For the big cycle, it may still be It will continue to rise, and the current 42,450 points may be the recent short-term high.
Entering the market with long orders in the early morning, it perfectly met expectations and broke through the 42,000 mark. Pie successfully won 890 points, and Ether successfully won 35 points. Therefore, as long as the trend and direction are correct, profit making is as simple as sprinkling water. The overall trend is still Duo, the retracement has not been given yet, and the upward trend is continuing, so Duo will still be the main trend in the future.
Lunch thoughts
The pie is around 41,600, and the target is 43,000
The long orders placed during the day have arrived perfectly, even exceeded expectations, and the 42,000 mark has been successfully broken. The importance of the trend has been emphasized many times. After a sustained rise, there was a slight decline in the short term, which is within the normal range of correction. We need to wait for a correction after the pullback for another breakout. The price has two possibilities: one is to trend again after experiencing a deep correction, and the other is to directly rise again. According to the observation of the four-hour chart, we can see that the currency price has been on the upper track and shows strong characteristics. Although there have been occasional pullbacks along the way, their magnitude has been small. This pullback has a positive impact on the subsequent upward trend, as it helps gradually stabilize the price and presents typical bull market characteristics.
Operation suggestions
The pie is around 41,600, and the target is 43,000
Ether near 2230, target 2300
The above is only a personal opinion and for reference only. The article can only give you temporary direction and ideas. The specific operation is based on Shipan. If there is anything you don’t understand, please feel free to ask! #币安合约锦标赛 #BTC