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Doku can switch back and forth, short-term trading profits can be considerable
A journey of a thousand miles begins with a single step; a ship of ten thousand miles is completed with a compass. Yesterday's trading situation belonged to Doku's back-and-forth switching. There was also a reminder yesterday not to blindly operate in one direction. In the current situation, it is difficult to have a unilateral trading situation. As long as one is not stubbornly insisting on one side, the short-term wave trading profits are still quite considerable.
Looking at the market, after reaching a high of around 98100 yesterday, it started to undergo a pullback, dropping to around 95000. In the evening, it began to rise again, and in the early morning, it fell back and broke through the previous low. One can clearly feel that there is resistance both above and below, so today's trading direction is very clear. The temporarily best operation is to trade in waves. Currently, the upper pressure is focused on around 97000, and the lower support is focused on around 95000. It is expected that in the morning, there will be a small pullback first. Let's see if it breaks below. If it breaks, then focus on the previous low; if it doesn't break, then reverse into Doku.
Looking at Yitai, the overall trend is in sync with Bitcoin. The current 4H level compresses the level within a certain range. There is a resistance at 3730 above and support at 3580 below. For trading, just synchronize with Bitcoin. In the morning, just operate in sync with Bitcoin.
Trading Suggestions:
Buy Doku near 95000, target above 97000.
Buy Yitai near 3600, target 3680; if it breaks, then synchronize with Bitcoin.
This is for reference only and may vary; please refer to the actual situation.
A journey of a thousand miles begins with a single step; a ship of ten thousand miles is completed with a compass. Yesterday's trading situation belonged to Doku's back-and-forth switching. There was also a reminder yesterday not to blindly operate in one direction. In the current situation, it is difficult to have a unilateral trading situation. As long as one is not stubbornly insisting on one side, the short-term wave trading profits are still quite considerable.
Looking at the market, after reaching a high of around 98100 yesterday, it started to undergo a pullback, dropping to around 95000. In the evening, it began to rise again, and in the early morning, it fell back and broke through the previous low. One can clearly feel that there is resistance both above and below, so today's trading direction is very clear. The temporarily best operation is to trade in waves. Currently, the upper pressure is focused on around 97000, and the lower support is focused on around 95000. It is expected that in the morning, there will be a small pullback first. Let's see if it breaks below. If it breaks, then focus on the previous low; if it doesn't break, then reverse into Doku.
Looking at Yitai, the overall trend is in sync with Bitcoin. The current 4H level compresses the level within a certain range. There is a resistance at 3730 above and support at 3580 below. For trading, just synchronize with Bitcoin. In the morning, just operate in sync with Bitcoin.
Trading Suggestions:
Buy Doku near 95000, target above 97000.
Buy Yitai near 3600, target 3680; if it breaks, then synchronize with Bitcoin.
This is for reference only and may vary; please refer to the actual situation.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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