Trader Liang Qiu: 11.21 Bitcoin/Ethereum Trading Strategy with Market Analysis
Bitcoin/Ethereum laid out the strategy of going long first and then short again yesterday, with long positions capturing a relatively large range, followed by high-position short positions laid out in the early morning phase. The overall situation for Ethereum is relatively weak with a larger range, and the targets were exceeded, reaching more than 130 points. Bitcoin short positions only dropped to around 93000 before rising again. Friends who didn't take profits might have even trapped themselves a bit in the range, but overall, when viewed together with the Ethereum market, the synchronized operations should have a very good range. The current trend remains high, with Bitcoin breaking new highs again, and there is further room for price increases.
Both the hourly and four-hour charts have begun to rebound. Although Ethereum is relatively weak, the support level still lies around 3000 points in the short term, while Bitcoin remains strong with continuously rising lows. Some may call it blood-sucking, but the more afraid one is to trade, the more it rises. Going forward, Bitcoin only needs to focus on the support level around 93000. The recent candlestick patterns show a clear upward trend, with multiple bullish candles indicating strong market buying. In terms of technical indicators, the current MACD DIF and DEA are both positive, and DIF is greater than DEA, indicating strong bullish momentum. However, it should be noted that the MACD histogram shows signs of shortening, which may signal a short-term adjustment. In the four-hour cycle, recent candlesticks have seen an increase in volume, indicating active capital inflow, pushing prices upward.
In terms of operations, follow the trend and enter long positions on pullbacks. Enter long positions for Bitcoin around 94000 to 94500, targeting around 96500; enter long positions for Ethereum around 3040 to 3070, targeting around 3150. Manage profits on your own and do not rely on real-time reminders. Currently, the trading strategy is mainly focused on operational waves, and the publication is time-sensitive, with specific guidance based on real-time information. #BTC再次刷新历史高点 #BTC何时突破10万?