Trader Liang Qiu: 11.20 Bitcoin/Ethereum Trading Strategy with Market Analysis
The previous strategy for Bitcoin/Ethereum was to go long first and then short. However, last night's short position entry for Bitcoin was somewhat aggressive, with Bitcoin reaching a high of around 93980. The trend is quite strong, but currently, with Bitcoin at 930 points, there is ample space; as long as the position is well-managed, there shouldn't be major issues. Ethereum's price ranged from 3125 to 3150 for fractional short entries, and during the morning session, it reached 3066, allowing for some space to be captured. Recently, the overall trend of Bitcoin has shown significant strength, which is why many people are reluctant to trade Bitcoin. However, in reality, the strong continue to be strong, and the market shows potential for further upward movement.
After Bitcoin broke the high point last night, the overall market shows another upward trend. The hourly and four-hour charts have started to turn upwards, and as long as the low points after the surge do not break, there is some support. Additionally, the current MACD's DIF is above the DEA, and the MACD histogram is positive, indicating a short-term bullish trend. The EMA price is above EMA7 and is gradually approaching EMA30. If it can break through EMA30, it will further confirm the upward trend; EMA120 is still significantly lower than the current price, indicating that the long-term trend remains positive. Currently, the market needs to maintain its trend and cannot blindly go long or short; it's important to keep a good rhythm.
For operations, enter long positions for Bitcoin around 91500 to 92000, targeting near 93800; for Ethereum, enter long positions around 3070 to 3100, targeting near 3180. Manage profits independently and do not rely on real-time reminders; currently, the market mainly operates in wave segments, and the information provided is effective, with specific guidance based on real-time analysis. #BTC何时突破10万? #BTC再次刷新历史高点