I have already explained the direction to you on Monday, and I am just short of placing orders for you. The food is at my fingertips, and I just need to open my mouth. If you still can't eat it, then I can't do anything about it. On Monday, I reminded you that this week will start to pull back, and this week's trend is also falling as expected. The lowest point of the big cake decline is 60800, which is lower than the low point of 62300 that I predicted. This wave of short orders is around 69500. Even if you leave the market at 62300, the profit is 7000+. The lowest point of Ethereum's decline is 3055. The predicted decline point will be 3400 first, and then it will be determined according to the situation after breaking. We will calculate it according to 3400. The short at 3725 also has a profit space of about 325. Whether it is big cake or Ethereum, this wave of decline is a perfect profit. Congratulations to those who keep up with the rhythm for making a small profit. After the decline, big cake reached the support, and then there was a rebound in the white market yesterday, which directly rebounded to 7000 points. Now the market is relatively active and the market trend is relatively fast. Remember to control the risk in trading;
Looking at the weekly chart, Bitcoin currently has a short-selling signal on the weekly chart. After rising to a historical high, it closed with a top cross star. Everyone should know that such a closing is a strong short-selling signal, that is, a short-selling signal has appeared. Although the market is still bullish, judging from last week's performance, the upward trend has encountered certain resistance. Even in a bull market, there will be a correction. Yesterday, we mentioned the correction in 21 years. This wave of Bitcoin is expected to start a deeper correction. However, a deeper correction does not mean that the bull market is over. It can only be said to be a normal correction. The expected correction point is 44700-37800. This correction is not something that can be achieved in one or two days. It may take 3- It took 4 months to come out, and everyone just made a mental expectation. The result can only be known after the market comes out. Bitcoin is currently continuing to rise as if it has reached a bottleneck period. If it wants to break 100,000, it needs more funds to come in. This wave has a good chance of falling and absorbing funds before starting to rise. Although Bitcoin halving is a positive, the market has risen so much now, and the positive news can be regarded as going out of expectations in advance. When the halving time comes, there will not be such a big increase. These are some personal insights for this week and the market in the future, and I hope it will be helpful to everyone; in the morning, Bitcoin short-term trading is done at high altitude, and the recommended point is around 69,500, and the target is around 62,300. Seize the opportunity to enter the market by yourself; short-term trading, control risks, and take care of your own profits and losses;
On the weekly chart, Ethereum did not break the historical high of 4877. When Ethereum reached the pressure of 4050, it did not continue to rebound. The weekly line closed negative, breaking the previous 6 consecutive positive trends, indicating that the 4050 pressure is currently effective. Bitcoin also closed at a high level with a cross star. There is a great chance that Ethereum will rebound in the future. It is expected to return to Bitcoin. This week and the next few months, Ethereum is expected to start to fall like Bitcoin. Everyone can make a trading reference; in the short term, Ethereum maintains a high-altitude trading mindset. The recommended point is around 3725, with the target first at 3400, and then look at the break below, and seize the opportunity to enter the market by yourself; short-term trading, control risks, and take care of your own profits and losses;
BTC: Looking at the 4-hour line, after Bitcoin reached the lower support of 62,300, it broke a little, but then rebounded and tested the 200-day moving average support. It rose directly from 60,800 to 68,293 last night, with an increase of 7,000+. The decline in the first half of the week came up overnight. In terms of the white market trend, Bitcoin's decline tested the support of 62,300. The low of 59,112 was not broken, and the market began to rebound. The pressure range of this rebound will be 69,000-71,100, a distance of At present, the price still has some room. If there is no long order in the morning session, you can wait for a pullback before making a long order layout. The recommended points are 67300-65800, and the target is 69000-71100. After reaching 71100, see if it can continue to rise. If it closes with a long upper shadow at 71100, it will be a good opportunity for us to layout a short order. In the morning session, there is still room for the big cake to rebound. You can wait for a pullback to go long, and pay attention to the pressure breakthrough and closing situation to layout a short order. Short-term trading, control risks, and take care of your own profits and losses;
ETH: Looking at the 4-hour line, the overall trend of Ethereum is actually relatively weak. It fell below the previous low of 3205 and also fell below the 200-day moving average support. It is already in a strong short-term trend, but Bitcoin rose, and Ethereum also followed Bitcoin to rebound, which means a passive rise. The pressure range of this rebound of Ethereum is expected to be 3700-3880. Ethereum should not rise so high, and it will be almost around 3700. There is still some room in the white market, and you can wait for a rebound after the callback. The recommended point is 3450-3300 for long orders, and the target is around 3700. Pay attention to the situation of closing the long upper shadow line after reaching 3880, and make a short order layout. Grasp the entry opportunity by yourself; short-term trading, control risks, and take care of your own profits and losses;
In summary:
Bite Ethereum rebounded after falling. After a short-term rebound, pay attention to the closing situation near the pressure and make short orders; #BTC🔥🔥🔥🔥 #ETH #polyx #TRU #dusk $BTC $ETH $POLYX