Blockchain Liangqiu: 4.7 Bitcoin/Ethereum Operation Strategy with Market Analysis

Bitcoin/Ethereum has been a sharp rise again since last night. The highest price of Bitcoin has risen to around 69,800, and the highest price of Ethereum has risen to around 3,417. The overall rise is relatively large. The short orders we arranged last night were also helpless to lose money. If it is wrong, it is wrong. Friends who follow me know very well that I will never cover up my mistakes, let alone delete posts. There is no point. The current market is indeed strong and the upward momentum is strong.

At this point in the market, many people can't help but wonder if it has returned to the bull market. To be honest, it is meaningless to talk about the bull market at this point. First of all, we must know that the high point of Ethereum today did not break the high point of 3,447 in the previous two days. Secondly, from the perspective of Bitcoin, the long and short positions around 70,000 were pulled back and forth in the early stage. This also shows that the 70,000 mark is the largest long and short watershed at present. Before effectively breaking through and standing firm at 70,000, it is meaningless to talk about how far the market can go. Secondly, in the four-hour chart, Bitcoin and Ethereum have a double bottom trend. Whether they can stand firm and break through is still unknown. On the daily chart, Ethereum is also running below the middle track of the Bollinger Bands and has not broken through the middle track. There must be a pullback when it rises, and there must be a repair when it falls.

In terms of intraday operations, you can do a pull-up short order to see a wave of pullbacks. Bitcoin short orders are entered near 69600 to 69900, with a target of around 68000 to 68500; Ethereum short orders are entered near 3400 to 3420, with a target of around 3300 to 3340, and defense can be placed at 3450 and 70300. The post is time-sensitive. The current market is good. Friends who are not good at controlling the rhythm can consult more. More strategies are based on real-time guidance. #新币挖矿 #BTC #ETH