This article is exclusively analyzed by [WeChat Official Account: Day Trading Professional], and represents the unique perspective of [WeChat Official Account: Day Trading Professional].
For friends who want to verify their strength, please follow the WeChat official account at the end of the article to find [Day Trading Professional]. There are daily price strategy suggestions in the circle of friends. The strategies provided here only have precise price levels, with no ambiguous ranges or nearby levels. Friends who like [Day Trading Professional] can click to follow. Stay tuned for today's sharing!
Important Notice: In the future, daily trading strategies will be released from 8-9 AM and night trading strategies from 8-9 PM. Two updates daily, hoping to provide reference for everyone in day trading. Due to limited fluctuations in day trading, the price ranges may be slightly smaller, so please pay attention to trading operations. For more real-time strategies for various cryptocurrencies and spot trading, please follow the official account to receive them.
BTC
12-Hour Market Review: After changing lines in the early morning, it surged to 97200, and the current price has retreated to around 95000.
Recent Focus: Resistance in the range of 97700--97200, support in the range of 94300--93600. Pay attention to potential acceleration after breaking through the range.
Structural Pattern: The 2-hour top PB signal plus double K reversal engulfing signal, neck line resistance in the range of 97700--97200.
Trading Ideas<<<<<<
Long Position: If the price bounces back in the range of 90000--91000 without breaking the entity, enter a long position when a bottom formation signal appears in the 5-minute or 30-minute timeframe.
Long Position: If the price bounces back in the range of 94300--93600 without breaking the entity, enter a long position when a bottom formation signal appears in the 5-minute or 30-minute timeframe.
Short Position: If the price rebounds in the range of 97700--99900 without breaking the entity, enter a short position when a top formation signal appears in the 5-minute or 30-minute timeframe.
Personal Opinion:
BTC's rebound yesterday did not break the previous high, but the rebound strength was slightly greater than expected. Yesterday we provided two short position points: one in the range of 94300--95000 and another in the range of 97700--99900. The price was awkward, with the high point around 97200, which may have prevented many people from entering short positions.
From the perspective of K-line signals, the 2-hour K-line has given a signal. The double K reversal signal is very clear. Therefore, this short position can be entered and can yield a good profit.
Currently for long position strategy, the low point of 90800 in this correction is a good reference. Set the stop loss around 90000 for long positions in the range of 90000--90800. I personally believe that planning long positions around this point is acceptable.
Of course, for all trades, whether long or short, at least wait for a K-line signal in the 5-minute or 30-minute timeframe. Do not enter trades without a signal.
For real-time strategy trades, please follow the official account to receive them.
Everyone pay attention to position management and maintain a strict holding strategy.
Illustration Explanation: The yellow line indicates structure and pattern drawing, the red line indicates wave slope, and the white line indicates the support and resistance of the key neck level. Enter short positions close to the upper range and long positions close to the lower range. If the entity breaks support and resistance, you can lightly chase short or long. Set stop losses at the highs and lows of the breaking K-line.
ETH
12-Hour Market Review: The price rose sharply to around 3680 and then began to retreat. The retreat began around 3560, which is currently rebounding, with the current price around 3620.
Recent Focus: Resistance in the range of 3700--3680, support in the range of 3560--3530. Pay attention to acceleration after breaking through. Extreme downward spike: range of 3340--3280.
Structural Pattern: 2-hour level double pin bottom signal, pay attention to the continuation of the downward trend after the rebound does not break the previous high.
Trading Ideas<<<<<<
Short Position: If the price rebounds in the range of 3700--3680 without breaking the entity, enter a short position when a top formation signal appears in the 5-minute or 30-minute timeframe.
Short Position: If the price rebounds in the range of 3620--3640 without breaking the entity, enter a short position when a top formation signal appears in the 5-minute or 30-minute timeframe.
Long Position: If the price bounces back in the range of 3560--3530 without breaking the entity, enter a long position when a bottom formation signal appears in the 5-minute or 30-minute timeframe.
Long Position: If the price bounces back in the range of 3340--3280 without breaking the entity, enter a long position when a bottom formation signal appears in the 5-minute or 30-minute timeframe.
Personal Opinion:
ETH's sharp rise in the 2-hour timeframe yesterday was indeed unexpected. BTC did not break the previous high, but ETH did break the previous high and accelerated the rise.
From the low to the high, there has been a total increase of 13.33%. How to interpret this percentage? It means that all the short positions with 10 times leverage in the range of 3350--3250 were completely liquidated during this drop. This is a terrifying number and reflects the ruthlessness of this market.
Before ETH breaks the historical high, I will plan short positions around the high points when I see signals.
There are two reasons:
First: This rapid increase has no technical pullback.
Second: To prevent this year's black swan events.
From the perspective of weekly, monthly, and daily K-lines, they all indicate a bullish trend. The reason why I continue to be bearish and plan short positions is that my position control is reasonable, and I will hedge long positions when short positions are at a loss. Therefore, I can hold short positions without hesitation until a major reversal occurs. I will sell long positions to increase short positions. Therefore, when you see my analysis and trading ideas, do not blindly counter the positions; also pay attention to position management, and carry stop losses when opening positions to prevent extreme market conditions.
For real-time strategy trades, please follow the official account to receive them.
Everyone pay attention to position management and maintain a strict holding strategy.
Illustration Explanation: The yellow line indicates structure and pattern drawing, the slope break of the large wave segment. The white line indicates the support and resistance of the key neck level. Enter short positions close to the upper range and long positions close to the lower range. If the entity breaks support and resistance, you can lightly chase short or long. Set stop losses at the highs and lows of the breaking K-line.
A Cold Knowledge for the Day:
How to lightly position for long-term trades: divide the total position into 2-4 entries. After entering, do not sell arbitrarily; for long-term trades, do not exit unless a double K or triple K reversal signal appears on the daily chart. (Lightly position; do not over-leverage, as it cannot withstand sharp fluctuations.)
Analysis strategies are time-sensitive, please refer to the real-time guidance from [WeChat Official Account: Day Trading Professional]!
[Friendly Reminder]: The above content is original by [Day Trading Professional]. The advertisements at the end of the article and in the comment section are unrelated to [Day Trading Professional]. Please discern carefully, thank you for your appreciation.
The author has been engaged in financial market investment research for many years, currently mainly analyzing and guiding stocks, futures, and cryptocurrency contracts/spot operations. If you want to know more about real-time guidance, unlocking strategies, and learning market analysis skills, please follow the [Day Trading Professional] WeChat official account for more real-time market analysis.
