25.1.2 Analysis of Bitcoin|Ether|Altcoin midday trading
[Market review]
The Christmas holiday effect has basically passed, and funds have gradually recovered. Let's see how the market reacts.
In terms of the market, there will be a good outbreak of Altcoins during the period of 25.1-25.3,
and what we need to pay attention to is whether Bitcoin can stabilize? Only when Bitcoin stabilizes can Altcoins rise safely.
[Analysis of Bitcoin midday trading]
First of all, the general trend of Bitcoin is weakening and not friendly, so the weekly closing of this week is critical!
Monthly K:
The monthly K of the last month of 24 years closed negative, and the good news is that it did not fall below the previous low,
so as long as the 9W mark is maintained this month, there will be no big problem!
Weekly K:
Pay close attention to the position of 945. Can the closing of this week stand firm? If it stands firm at the position of 945,
then the downward trend will be stabilized, and the direction of the rebound will appear. When Bitcoin breaks through the 10W mark,
the upward pattern will open again! So the position of 945 must be stabilized this week.
Daily K:
It continues to oscillate around the 92-96 range, and the profit effect is relatively poor.
When the big cake forms two consecutive positive daily lines, we will consider entering the market. At present, we are waiting and waiting for the trend to appear.
[Ether Midday Analysis]
The trend of Ethereum is faster than that of big cake, that is to say, after the monthly line of Ethereum closed negative,
the weekly line has bottomed out and stabilized. The closing K of the weekly line this week is also an extremely critical node.
Monthly K:
The monthly K of the last month of 24 years closed negative. The good news is that it did not fall below the previous low.
So as long as the 3K level is maintained this month, there will be no big problem!
Weekly K:
The trend is stronger than that of big cake. The previous K of the weekly line has closed positive. If it closes positive again this week, the rising pattern will be opened.
Pay close attention to the position of 3380. Can it stand firm at the close of this week? If it stands firm at the position of 3385, then the rising pattern will be opened again!
Daily K:
Continue to oscillate in the grinding plate, oscillating around the 3300-3450 range
Wait for Ethereum to form two consecutive positive daily/weekly lines before considering entering the market. At present, we are just waiting and waiting for the trend to emerge!
[Shanzhai Midday Analysis]
Next, we will focus on other currencies in these sectors, and we can also consider NFT and Defi sectors.
Later, I will also consider taking you to do Shanzhai bands every day and study the ambush hot currencies!
