August 2nd Bitcoin (BTC) Contract Technical Analysis: In terms of today, the large cycle daily level closed with a small bearish candle yesterday, the K-line pattern shows consecutive bearish movements, the price is high but below the moving average, and the auxiliary indicators are running with a death cross. The overall trend of decline is very obvious. We have been emphasizing the price's range fluctuations, and the consecutive declines over the past two trading days have led to a clearer downward breakout, thus maintaining a bearish outlook on the trend; In the short cycle hourly chart, there was a decline during the European session which was corrected in the US session with a second downward pressure breaking the low, correcting the high point around the 116,000 area. This morning, there was a support rebound, and the current K-line pattern shows consecutive bullish candles, while the auxiliary indicators are running with a golden cross. However, the overall trend shows a significant downward pressure, so caution is still needed for long positions. Additionally, with the weekend approaching, we should observe more and act less, without rushing. Real-time layout guidance for trading will be provided, and updates will be given in the member group at #BTC走势分析 $BTC .
Technical Analysis of Ethereum (ETH) Contracts on August 2: Today, in terms of the larger cycle, the daily chart closed with a small bearish candle yesterday. The K-line pattern shows consecutive bearish declines, and the price is operating below the moving averages with the indicators showing a death cross. The overall trend of decline is very obvious. Previously, when the price was oscillating within a range, we mentioned the importance of watching for breakouts and continuations. Currently, with the appearance of consecutive bearish movements, whether influenced by news or data factors or others, the trend has emerged. Therefore, we should follow the trend and use it as a reference. In the short cycle hourly chart, there was a price support rebound this morning, and the current K-line pattern shows consecutive bullish candles, with the indicators showing a golden cross. However, the overall trend and price show clear bearish pressure, so caution is still advised. The 30-minute moving average resistance is around 3550; this level can be considered for a short position. Therefore, today's short-term trading strategy for ETH contracts is: short on a rebound in the 3550 area, stop loss at 3580, target at the 3500 area; #ETH走势分析 $ETH
Evening data market, short-term recommendation to short ETH3670, take profit in the 3640 area, don't be greedy, take the profit. Everything should be focused on stability #BTC走势分析 $BTC
August 1st Ethereum (ETH) Contract Technical Analysis: Today, on the larger cycle daily chart, a small bearish candle is reported, with the K-line pattern showing consecutive declines. The price is below the moving averages, and the indicators in the attached charts are showing a death cross pointing downwards. The overall trend remains clearly bearish, but the continuation issue still needs to be monitored. Whether the significant drop seen yesterday can continue today is key to the upcoming trend. Additionally, the evening data is also a focus; the short-term hourly chart continued the downward trend seen in the early morning, with price breaking through previous low points and then rebounding for correction. The daily moving average resistance is near the 3750 area, which is our defensive position for today. Therefore, we still need to watch for the corrective trend during the day. Thus, today’s ETH short-term contract trading strategy: short on a rebound in the 3730 area, stop loss at the 3760 area, with a target at the 3650 area; #ETH走势分析 $ETH
August 1 Bitcoin (BTC) Contract Technical Analysis: Today, in terms of the overall situation, the daily chart of the larger cycle closed with a medium bearish candle yesterday. The K-line pattern shows a continuous downward trend, with prices below the moving averages. The auxiliary indicators are showing a death cross pointing downwards, indicating a clear advantage for the overall downward trend. However, it is still necessary to pay attention to the continuity of the upcoming price movements and the strength of any rebounds, as these are the main rhythms of recent price movements and there are many stimuli from the news. Therefore, caution is warranted to prevent a shift in market conditions. In the short term, the hourly chart showed a decline during the European and American trading sessions yesterday, continuing into the early morning. After breaking the low point, there was a rebound for correction, but prices are still consolidating at a low level. From this perspective, the focus today will mainly be on correction, with not much significant action expected, so it is advisable to watch more and act less, focusing on the strength and weakness of the European trading session and the non-farm payroll data in the evening; #BTC走势分析 $BTC
July 31 Ethereum (ETH) Contract Technical Analysis: Regarding today, the large cycle daily level reported a small positive line yesterday, with the K-line pattern alternating between one negative and one positive. The price is above the moving average, and the attached indicators are running with a dead cross. In the larger trend, there is an advantage in the upward and downward movements, but the recent trend patterns have not shown continuity. Therefore, it is still oscillating within a range, and only after a breakthrough will a clear trend appear; in the short cycle hourly chart, the price touched the support low during the early hours and rebounded. Currently, the K-line pattern continues with consecutive positive movements, and the price remains above the moving average. The attached indicators are running with a dead cross, so there is a high probability of continuation during the day. Thus, the continuation and breakout during the European session require close attention; therefore, today's ETH short-term contract trading strategy: Buy in the current price range of 3855, with a stop loss at 3825, and a target at 3905; #ETH走势分析 $ETH
July 31 Bitcoin (BTC) Contract Technical Analysis: Today, in terms of the larger cycle, the daily chart closed with a small bearish candle yesterday. The candlestick pattern shows a continuous decline, but the price is still at a high level. The attached indicators are running in a death cross. Although the main trend indicators are generally leaning towards a downward trend, the recent price movements are still oscillating within a range, with no continuation seen in either upward or downward movements. Therefore, trading should still maintain a short-term mindset; the short-term hourly chart shows a rebound after the price hit a bottom early in the morning, with the current candlestick pattern showing continuous bullish candles and the price above the moving average. The attached indicators are running in a golden cross, indicating a relatively strong trend. Thus, we still need to watch for a continuation of the upward movement during the day, and the European session will focus on the continuation and breakout of the price. Therefore, today's short-term BTC contract trading strategy: Buy in the 118350 area, stop loss at the 117800 area, target at the 119300 area; #BTC走势分析 $BTC
The intraday spot price gives a long position for BTC in the 118000 area and ETH in the 3800 area, with take profit at the 118360 area and 3830 area respectively. Capture a wave in the intraday short-term first, and then pay attention to the trend of the European and American markets #BTC走势分析 #ETH走势分析 $BTC $ETH
July 30 Ethereum (ETH) Contract Technical Analysis: Today, on the larger timeframe, the daily level closed with a small bearish candle yesterday, the candlestick pattern shows consecutive downward movements, and the price is still at a high level. The auxiliary indicators have crossed downwards, but based on recent trend patterns, it is still within a range of fluctuations. For example, yesterday's movement: an intraday rise during the European session faced downward pressure, and the US session continued the decline, with a morning rebound that did not sustain, so it is not an extremely weak trend, hence one should not aggressively short. In the short timeframe, the hourly chart saw the price break below the previous day's low without continuation, the price supported and rebounded, the current candlestick pattern shows consecutive bullish candles, and the auxiliary indicators are operating in a golden cross. Pursuing long positions has limited space, and the larger timeframe has resistance, making it unsuitable, so attention should also be paid to the strength and weakness movements of the European session, waiting for clear signals before making any setups. #ETH走势分析 $ETH
July 30 Bitcoin (BTC) Contract Technical Analysis: Today, from a broader perspective, the daily level closed with a small bearish candle yesterday. The K-line pattern shows consecutive bearish declines, with the price below the moving averages. The auxiliary indicators are running with a death cross, but the trend patterns of both upward and downward movements have not continued. Therefore, the short-term trend is still within a range of fluctuations. In this case, trading should remain short-term, and one should not overly bias towards either long or short positions; avoid greed, and if these points are followed, there will be no issues. The current K-line pattern on the short-term hourly chart shows a single bearish followed by a single bullish candle, with price support rebounding. The auxiliary indicators are running with a death cross, but the daily and four-hour charts show clear resistance. Thus, long positions still carry risks, and short positions are currently against the trend. Therefore, attention should be paid to the strength and weakness trends of the European and American markets before planning trades. Waiting is not a problem as long as it is worthwhile. #BTC走势分析 $BTC
July 29 Ethereum (ETH) Contract Technical Analysis: Today, in terms of the larger cycle, the daily line level closed with a small bearish candle yesterday. The candlestick pattern shows consecutive bullish candles followed by one bearish one, with prices at a high level. However, the auxiliary indicators currently show signs of a convergence dead cross between the fast and slow lines. Overall, the price has not shown a continuation trend in either upward or downward directions, remaining in a fluctuating range. Yesterday, it even broke the high point, which creates a contradiction. Therefore, currently, both bulls and bears should not be overly optimistic; one should just follow the rhythm of the trend. In the short cycle, the hourly chart showed a decline during the European and American session yesterday, with a morning correction and current support rebounding. The candlestick pattern shows consecutive bullish candles, while the auxiliary indicators indicate a dead cross. The price remains within a range, with a downward trend on the hourly chart, but the four-hour chart shows clear resistance. The defensive position is also not favorable for layout, so it's also necessary to wait for the European session or for the trend to give a clear signal before making any arrangements. #ETH走势分析 $ETH
July 29 Bitcoin (BTC) Contract Technical Analysis: In today's aspect, the large cycle daily level reported a small bearish candle yesterday, with the candlestick pattern showing consecutive bullish candles followed by a bearish one. The price is at a high level, and the auxiliary indicators are showing a death cross. In the current larger trend, the price movement is still oscillating within a large range, with resistance at the high points of 120000, 121000, and 123200; and support at the low points of 115700 and 114700. The range is quite large, and neither upward nor downward trends have continued, so the best trading strategy is to focus on short-term trades and find the right rhythm. In the short cycle hourly chart, there was a decline during the European session yesterday, which continued into the US session, touching the support at the low point of 117500 and rebounding. The current candlestick pattern shows consecutive bullish candles, and the auxiliary indicators are showing a golden cross, suggesting that we should look for continued upward movement today. The resistance at yesterday's high point is at 120000, so we will remain on the sidelines for today, as there are no clear trading signals. The focus should be on the strength of the European session and the breakout of high and low points, with real-time arrangements during the trading session. #BTC走势分析 $BTC
The current price of the European盘 is giving a short position for BTC in the 118880 area and for ETH in the 3885 area, with take profit set at the 118350 area and 3835 area respectively. Overall returns are still good, congratulations to the group members #BTC走势分析 #ETH走势分析 $BTC $ETH
July 28 ETH European Market Analysis and Trading Strategy: In terms of the current trend, the intraday price has peaked under pressure and started to decline, while the current candlestick pattern shows consecutive bearish candles, and the indicators are in a dead cross. Overall, the trend is likely to continue in a range-bound fluctuation. The high point is around the 3940 area, and the low point to watch is the break of 3840, focusing on the 3815 area. There is no data stimulus on Monday, so the opening of the US stock market in the evening also needs to be closely monitored. The current trading strategy recommendation: consider entering a short position at the current price, set a stop loss at the 3920 area, and take profit targets at the break of 3840, focusing on the 3815 area; #ETH走势分析 $ETH
July 28 BTC European Market Analysis and Trading Strategy: As for the current trend, there hasn't been much change in the long term. We mainly focus on the short-term hourly chart. The daily article has mentioned that the current price is in a fluctuating upward trend, but after the price reached the 119850 area, it faced selling pressure and declined. The current candlestick pattern shows consecutive declines, and the indicators are showing a death cross. From this perspective, with no data stimulus on Monday, the probability of the European market price breaking higher is relatively low. Additionally, the 30-minute death cross is expanding, so I personally suggest considering a short position now, with a stop loss set at the opening drop point near 19500, and a target around the 118000 area, still short-term #BTC走势分析 $BTC .
July 28 Ethereum (ETH) Contract Technical Analysis: Regarding today, the long-term daily level closed with a small positive candle yesterday, with the K-line pattern showing consecutive upward movements. The price is above the moving averages, and the auxiliary indicators are showing a golden cross, indicating that the overall trend is clearly upward. Currently, the price has deviated from the moving averages, with a return to the support position around the 3775 area. Therefore, it is essential to be cautious of the risk of pullbacks during trading. The short-term hourly chart is generally showing a fluctuating upward trend, with the price relying on the MA5 and MA10 daily moving averages for support to rise. The upward trend is quite evident, so look for clear signals to enter during the day. Currently, the support position on the four-hour chart is around the 3850 area, and the hourly chart's consecutive bearish candles still need to be monitored. Therefore, today's ETH short-term contract trading strategy is: Buy on a pullback to the 3850 area, with a stop loss at the 3820 area and a target at the 3905 area; $ETH #ETH走势分析
July 28th Bitcoin (BTC) Contract Technical Analysis: Today's aspect, the large cycle daily level yesterday closed with a small bullish candle, the K-line pattern continues to rise, the price is above the moving averages, the auxiliary indicators are running in a death cross, the overall trend of rising is still very obvious, but from the perspective of the trend rules, it is currently not a very strong trend, the probability of a fluctuating upward and range-bound trend is high. In such a case, we need to find a good rhythm in our trading, maintain a short-term approach, and avoid being greedy, otherwise, it is easy to experience profit giving back; the hourly chart of the SMS cycle yesterday saw a rise in the U.S. market but faced downward pressure for corrections, with the low point around the 118700 area. The current K-line pattern continues to show bullish candles, and the price is at a high level with the auxiliary indicators showing a golden cross and reduced volume. Overall, the trend is still strong with relatively small pullback strength. If today's continuation shows an upward movement, it still follows the old rules; the pullback strength should not be large and must not break the intraday low. Therefore, today's BTC short-term contract trading strategy: buy on a pullback to the 119000 area, stop loss at the 118500 area, target at 120000 and if broken, aim for the 120500 area; #BTC走势分析 $BTC