The article was edited on 2023.8.3 11:45 AM. All opinions do not constitute any investment advice! For learning and communication only.
Yesterday, the high point of the big cake was around 30050, and the low point was around 28930. The big cake went down on Tuesday night, and after a wave of inducement to short, it began to rebound and rise, reaching a high of around 30000 and then began to fall. It is currently fluctuating around 29000. Fuzhu also said before that it would fluctuate if it did not fall below 28500.
The daily level closed with a negative line yesterday, and the Bollinger Bands were running parallel. Under the pressure of the Bollinger middle track 29600, MACD was mildly increasing, and the 4-hour Bollinger Bands opened. The K-line returned to the Bollinger Bands and ran around the Bollinger middle track. In terms of operation, it is recommended to go long with a light position near 28500, with a target of 28900-29300, and go short with a light position near 29800, with a target of 29200-28500, and stop loss of 350 points each. The market changes in a myriad of ways, and the specific operation is mainly based on real-time strategies.
Ethereum's high yesterday was around 1880 and its low was around 1820. The volatility of Ethereum has intensified in recent days. It has tested the 1820 line several times but failed to break below it effectively. It is still in a descending triangle and a breakthrough is imminent. Pay attention to the risk of breakout in operations.
The daily level closed with a negative line yesterday, and the Bollinger Bands have a closing trend. Supported by the lower Bollinger Band 1820, MACD has a moderate increase in volume. The 4-hour level is still in a downward trend. The Bollinger Bands are running downward, suppressed by the middle Bollinger Band 1850, and MACD has a downward increase in volume. In terms of operation, it is recommended to go long with a light position near 1820, with a target of 1850-1870. You can go short with a light position near 1880, with a target of 1850-1820, and a stop loss of 25 points each. The market changes in a myriad of ways, and the specific operation is mainly based on real-time strategies.
Statement: The above content is personal opinion only. The strategy is for reference only and is not used as an investment basis. If you follow up, you will bear the risks yourself.
