Today's market deduction!
Let's get straight to the point today. From today on, we will attach the market deduction of Ethereum (the leader of the copycat) and the intraday strategy and analysis.
Bitcoin intraday strategy:
1. Go long if the price falls back but does not break 65820u, stop loss price 65318u, target first 67011u, then 67594u, ultimate target 68593u.
2. Go long if the price falls back but does not break 65318u, stop loss price 63855u, target price is the same as strategy 1.
Strategy analysis: Bitcoin rose 7.51% from the opening price of 61550u at 8 o'clock yesterday morning to the closing price of 66175u today. The first support level below the daily level is 63855u-62700u. Today's long-order strategy is all 4-hour level retracement demand (support level). Because the increase yesterday was too exaggerated, if there is no downward retracement today (multiple parties accumulate strength), I am not optimistic that the momentum of yesterday's surge can continue. So, don't chase highs, and wait for opportunities near the retracement requirements of Strategy 1 and Strategy 2. Repeat again, remember to bring a stop loss!
Ethereum intraday strategy:
1. Go long if the price does not break 2998u, stop loss price 2970u, target first 3096u, then 3157u.
2. Go long if the price does not break 2955u, stop loss price 2936u, target price is the same as Strategy 1.
Strategy analysis: Ethereum's form is obviously worse than Bitcoin, and its strength is obviously weaker than Bitcoin, and it has been going on for a long time. There have been signs of this since last year, so I have been too lazy to say anything more. Just follow the strategy. The overall idea is the same as Bitcoin.
Do it if you understand it, leave a message if you don't understand it, and leave a message if you like to argue. I have nothing to do this morning, so I will have a good argument with these little black guys and practice my language.
