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Bitcoin/Ethereum market analysis and operation strategy
Bitcoin/Ethereum market has been rising for the past two days and has fluctuated sideways at a high level again. The trend has been strengthened to a certain extent. The short orders that were arranged the day before yesterday also reached the target position and stopped profit during the decline the night before yesterday, which can be seen in the previous section. The market rose again in the morning, and Bitcoin directly broke through 102000 to around 1026660, but the upper 103000 was also the first time to break through 104600 and retreat under pressure. Especially when it rose close to the pressure and the new high, there was no need to chase more. Although Ethereum has also risen in the past two days, the overall trend is not particularly strong. After rising in the evening of the two days, it began to fall back, but the market is still in a narrow range of fluctuations, with pressure on the upper side and support on the lower side.
There are certain signs of shock consolidation in the Bitcoin/Ethereum K-line pattern. Long lower shadows and upper shadows appeared on the daily line, indicating that the market is fiercely competing between the long and short sides. In terms of technical indicators, the current DIF and DEA of MACD are both positive and gradually rising. The MACD bar chart is red and expanding, indicating that the short-term upward trend is strengthening. The subsequent support below is not broken and the bullish trend remains, but it needs to face certain adjustments in the short term, not to mention that the weekend market has a certain repair space.
In terms of operation, short orders are entered near 102500 to 103000 for Bitcoin, with a target near 100000;
Short orders are entered near 3940 to 3970 for Ethereum, with a target near 3870.
At present, the market is mainly in waves, and the publication is effective, with real-time guidance as the main focus. The article strategy is limited, and no real-time reminders are given. For more real-time questions, click on my avatar and follow my profile to find me. In this bull market, let's all reach the peak together