Good morning, everyone
A new week and a new beginning
Did you seize the opportunity in the market late last night?
Anyway, I went to bed early, but the grid I opened before has been "working" for me.
Please check the market analysis for this week and today. Remember to like + follow~
Analysis this week:
The general direction this week continues to be bullish. This week will be a volatile market, affected by Mentougou and Ethereum spot ETF, but I also said last week that Mentougou and ETF will form a small hedge, and the overall benefits outweigh the negatives. I also said in the analysis last week that there are many victims of Mentougou, so there are many "sellers", so the ideas will be different. Some "sellers" will ship immediately, and some sellers will continue to hold by ETF or because they are optimistic about the future trend.
So the upper pressure level this week is around 72,000, and the lower support level is around 65,000. The upper pressure level of Ethereum this week is around 3,950, and the lower support level is around 3,300.
Personal opinion:
This week's opinion is nothing more than that ETF has the greatest impact on the market, so everyone should focus on it. As for other news, I have also roughly read it, and the impact is relatively not very large. Wait patiently for Ethereum news.
Daily analysis:
The market came in the second half of last night, and it fell back and then went up. Now the market and Ethereum have also entered a small sideways trend. From the current market trend, the 1D level trend, the market will fluctuate in the range of 67,000-69,000, and Ethereum will move in the range of 3470-3530.
Contract strategy: BTC is slightly long near 67000, stop profit near 68800
ETH is slightly long near 3470, stop profit near 3550
Note: This strategy is only for those who like to play band/short-term. At the same time, remember to consciously set a stop loss according to your personal position. It is better to make a small loss than to hold a single order! If the direction of the change is right, you can continue to hold it. For the convenience of my family, if you need to analyze other currencies, please leave me a message at any time. $BTC $ETH
