Wednesday, intraday analysis of Bitcoin and Ethereum ideas!
Hard work requires a lot of courage, laziness only needs an excuse, shocks require a long period, and unilateralism is just a momentary breakthrough. The fear in life is not that there is no direction, but that you keep looking for the direction, and eventually lose yourself in a place that no one can find. Places and trading markets also have accidents caused by gods and humans, as well as the general public. All we can do is grasp the present moment.
In the past two days, the market's hot spots have continued to be driven by Ether. We have been stuck in the short-term range band in the volatile market during the day. We also got very good space profits. We tried our best to avoid the impact of sweeping market washes. We also reached the limit of trading in the first two days of the week, winning 5,000 coins for two consecutive days. Account numbers are the greatest proof of the market, technology and ability to respond!
In this wave, the pie has reached a new high, to a certain extent, due to the boost of the Ether ETF news, rather than due to its own large demand. The speculative component may be the majority. After testing the 72,000 area, it failed to achieve a major breakthrough. It still stabilized by testing the 69,000 area overnight, and fluctuated back and forth in a range of more than 1,000 points. Correspondingly, these two points correspond to the passage of the Ether ETF news, the favorable implementation, and the buying impact brought by cpi.
In the current market, if there is no new high, you can consider buying at dips. After the new high, remember to be on guard. You can make some profits from swing positions. It is also good to wait for the pin to step back and play with the swings! There is no need to pay attention to such fluctuations in medium and long-term positions. After all, after the passage of the Ether ETF, the space can be imagined based on the same trend of the big pie! But special need. To emphasize a point. It’s the ETF pass rate. Still haven’t pressed the button to make the final decision, there is an unknown question mark! Therefore, you must not be blindly arrogant in operation.
In terms of technical structure, Dayang closed higher overnight, failed to break the support and rose in the early stage, but the situation is still mixed. After the 4-hour encounter emotion comes out, you still need to pay attention to the first-line breakthrough of 59,000 support below and 71,000 above. The strong ether pressure is still concentrated in the 3850 area, supporting 3600. Before the early morning, I mainly run short-term, and just stick to the time.
Wednesday operation strategy
Big cake, 68,500 Zuoduo, 71,200 Zuohun
Ether, 3650 Zuoduo, 3830 Zuokong
Everything is beyond words! $BTC
