I have reminded Gan Kong many times that the space of Da Bing Kong 2000 is precisely controlled. Have you got on board? $BTC $ETH #美联储利率决策即将公布 #币安用户数突破2亿
11.20 BTC, ETH Intraday Analysis: Pay Attention to Major Direction Adjustments After New Highs
Is there another new high after the last one? This is a question many friends are concerned about recently. My view is that there will be new highs, but the upward spike space will not be too large. The new high that appeared last night was just an inertia surge, and it is highly likely to be a trap for bulls. There will not be a significant upward movement before December. Once it breaks downward, there will be a substantial drop. As altcoins also enter adjustments ahead of time, friends who are long can take profits and wait for the second opportunity to re-enter!
From the 4-hour chart of BTC: Last night, Bitcoin broke through the wedge triangle. After the new high, it only spiked up 600 points. The absence of significant upward movement indicates that buying power is still relatively weak. The previous triangle resistance just happened to turn into support at 91800. It has bounced back twice near the support level during the day, but currently, the rebound strength is not strong. When looking at the trend line, it is clear that the highest point formed by the upper trend line is at 94200. Therefore, if it spikes upward, a short position can be taken at the highest point of the trend line. If it breaks below the support conversion point, we look at the support level of the lowest trend line at 90400. If both key supports break consecutively, there will be a significant downward adjustment tonight.
BTC Intraday Strategy: Short at 94200-94600, targeting around 91800!
ETH Intraday Strategy: Short at 3195-3210, targeting around 3080!
11.18 BTC, ETH Evening Analysis: Trends Becoming Clearer, Focus on Short Positions
The recent market trend for Bitcoin has mainly been focused on short positions, and the overall direction has been very precise. The post already mentioned last night that the upper resistance is around 91800. Currently, it seems that the false breakout at 15:00 this afternoon has not stabilized, and the large bearish candle at 19:00 on the hourly chart clearly indicates a bearish trend, which aligns with the recent bearish perspective. On the daily chart, the overall direction continues to show lower highs, strongly bearish. If tonight's daily candle closes as a large bearish candle and breaks below the key support level of 87450, then we can expect a strong bearish trend and a significant drop, so let's wait and see!
From the 4-hour chart of BTC: After the close at 8:00 this morning, an upward trend line was formed. As mentioned yesterday, the market is within a triangular range. Currently, Bitcoin is above the 4-hour trend line, but the overall direction is below the daily trend line. During the day, it just touched the highest point of the daily trend chart before retracing downward. All other technical indicators are showing a bearish outlook, so shorting during a rebound is advisable. The shorting position will rely on the new technical indicator MA moving averages, as they are notably concentrated around the level of 90800, which is the most suitable point for shorting. The downward target is the level above the trend line at 89200. If this level is broken, we will look at the lowest point of 87450, as this position is a significant support on the daily chart that has not been broken for five consecutive days. As long as the overall direction breaks downwards, we can expect a strong bearish drop tonight.
BTC Evening Strategy: Short from 90800-901300, targeting around 89200!
11.17 Weekend BTC and ETH market summary: Next week's market will open a breakthrough
Post No. 14 repeatedly pointed out the risk of decline. At present, the overall trend is in line with expectations, and the pullback is stronger than the rebound. The trend over the past two days of the weekend is basically a wide range of fluctuations. At present, the resistance above 91800 is very strong. It has been stuck downward for three consecutive days and failed to stand firm. Therefore, it is difficult to break through the new high again in the short term. Next week, focus on the lifeline position 87450 below the triangle trend. If it breaks downward, the general direction will turn to short. Wait!
From the 4-hour chart of BTC: the first stage of the callback of the big cake has been completed, and the second stage will be formed tonight. The general direction is still rebounding and shorting. The technical indicators are currently oscillating around the middle rail support. MACD short energy is bearish with a large volume. The other indicators KDJ and OBV have crossed downward. If the closing line crosses downward at 12:00, it will be strongly bearish. The resistance below is very obvious when combined with the trend chart. At the low point of the trend line at 89530, the breakthrough depends on the 4-hour support of 87450, because this is the resistance level that has not been effectively broken through after multiple tests, and the trend chart shows a triangular contraction. Then the oscillation range will only become narrower and narrower, and finally choose a directional breakthrough. From the technical indicators, all are strongly bearish downward, so the operation is mainly high-altitude.
BTC weekend strategy: 90800-91300 short, target around 89530!
11.15 BTC, ETH evening analysis: Breakthrough is imminent, this kind of market is often the most tempting
Big cake continues to test the resistance below 87450 during the day, but it still has not formed an effective breakthrough. It is currently fluctuating widely and it is only a matter of time before it falls below the low point. Pay close attention! Last night's post is still mainly high-altitude, especially big cake. The rebound point is very accurate. After reaching the range, it falls like a waterfall, and the overall space is nearly 3,000 points. As long as you follow the general direction to open a short, no matter what point you enter, you can take a wave of trending market, so what are you waiting for? Because big cake fluctuates greatly, we will focus on the trend of big cake tonight
BTC from the 4-hour chart: Let's talk about the general direction first. There will be a large downward adjustment before the end of November. According to Fibonacci's speculation, the adjustment position will most likely reach 80115 to stop the decline and consolidate. After the market bottoms out, it will continue to push up and move the three waves of the monthly line. Combined with technical indicators, all turned downward and strongly bearish, and the bullish volume is weakening, because the trend chart has formed an inverted wedge triangle, which is a very obvious downward trend. As long as it touches the highest point, it will go down, and the resistance below the triangle will be repeatedly tested at 87450. The key point is that if it successfully breaks through tonight, it will fall sharply. If it does not break through, it will continue to fluctuate over the weekend, so it is more appropriate to open a short position at a high level. On the news side, the hawkish remarks of the Fed Chairman who is not in a hurry to cut interest rates have also cast a shadow on the market. Tonight, the general direction is to rebound and go high.
BTC evening strategy: 90300-90800 short, target around 87450!
11.4 BTC, ETH evening analysis: Multiple tests of the resistance line during the day, further correction will be made if the price breaks through
The third wave of corrections of Ethereum during the day forms a trend, and the market is expected to fall further. Focus on the position of 3146 of Ethereum. Once it breaks through and stands firm, it will directly pull back to below 3000. Why use a pullback? Because the strength of the pullback is limited and cannot affect the big upward trend, friends who operate in the short term can just focus on the small-level trend! At present, Ethereum belongs to a structure of oscillating downward. The three attempts at the trend line above have not broken through. Obviously, the selling pressure above is very large. Then follow the trend to trade rebound and short
ETH from the 1-hour chart: a very classic head and shoulders top pattern, which usually appears at the top. It is clear from the resistance range that 3135-3146 is the position of the 4-hour lifeline. As long as the big Yinxian does not stand firm downward, there will still be a rebound. If it breaks through, it will be strongly bearish. Combined with technical indicators, the MA5, 10, and 30-day moving averages cross the highest point of the trend line to form a pressure level of 3204, but Ethereum has fallen below the neckline, so it is best to open a short position based on the 4-hour lifeline position. In addition, all the attached indicators are bearish, especially the OBV opening is very large and the yellow line is continuously stepped back downward, which is strongly bearish. Then follow the trend and focus on high-altitude
BTC evening strategy: 89380-89880 short, target around 86500!
ETH evening strategy: 3135-3150 short, target around 2900! #美国初请失业金人数创2024年新低 #美国CPI公布后降息预期上升
11.4 BTC, ETH evening analysis: Multiple tests of the resistance line during the day, further correction will be made if the price breaks through
The third wave of corrections of Ethereum during the day forms a trend, and the market is expected to fall further. Focus on the position of 3146 of Ethereum. Once it breaks through and stands firm, it will directly pull back to below 3000. Why use a pullback? Because the strength of the pullback is limited and cannot affect the big upward trend, friends who operate in the short term can just focus on the small-level trend! At present, Ethereum belongs to a structure of oscillating downward. The three attempts at the trend line above have not broken through. Obviously, the selling pressure above is very large. Then follow the trend to trade rebound and short
ETH from the 1-hour chart: a very classic head and shoulders top pattern, which usually appears at the top. It is clear from the resistance range that 3135-3146 is the position of the 4-hour lifeline. As long as the big Yinxian does not stand firm downward, there will still be a rebound. If it breaks through, it will be strongly bearish. Combined with technical indicators, the MA5, 10, and 30-day moving averages cross the highest point of the trend line to form a pressure level of 3204, but Ethereum has fallen below the neckline, so it is best to open a short position based on the 4-hour lifeline position. In addition, all the attached indicators are bearish, especially the OBV opening is very large and the yellow line is continuously stepped back downward, which is strongly bearish. Then follow the trend and focus on high-altitude
BTC evening strategy: 89380-89880 short, target around 86500!
11.13 BTC, ETH evening analysis: The market has tested key positions many times, and deep retracement needs to wait
The post has repeatedly prompted bullishness. This week's market is bullish, and the monthly line level is strong and bullish, forming a wave of bulls quickly. Friends who come to consult basically lead everyone to catch it, which is very comfortable. At present, the big cake has broken through 90,000 and has risen unilaterally, indirectly driving the rise of Ethereum and Shanzhai. It belongs to the third stage of the rise. Wait, it is expected to see 100,000 big cakes by the end of the year!
From the 4-hour chart, ETH has been consolidating after the previous structural divergence. At present, it is much weaker than Bitcoin, and the retracement is relatively strong. Combined with technical indicators, the rising volume is weakening, but the trend chart is still in the upward trend of the monthly line. It is best to wait for the retracement of the lower resistance line 3168 to go long. As long as it does not fall below the second half of the night, it is likely to be in high consolidation. The attached indicator is basically in a state of about intersection. Once it crosses downward, it is strongly bearish. As long as the trend chart is bullish, it is mainly low-long with the lowest risk.
BTC evening strategy: 89850-90350 to go long, the target is around 92050!
11.9 Saturday BTC and ETH market summary: weak rise, be vigilant!
This week, due to the influence of Trump's coming to power and the Fed's interest rate decision, the big cake has reached a record high. It is currently in a shock correction stage. The price behavior is in the fourth push upward, but the pin point is low and the rise is weak. Last night's post suggested that the high-altitude is the main one. From the intraday trend, it is basically in line with expectations and very accurate. As long as the structure is not destroyed, it can be done by opening a short position at a high level. The weekend market is basically volatile. Next week, focus on the position of 71990, a big support. The monthly line is bullish and will rise if it does not fall below.
From the weekly chart of BTC: the trend line structure is upward, at the key node of 3 waves rising and 4 falling, because the 3rd wave is the longest, once the turning point is formed at the top 77180, it will definitely fall sharply, stepping back to the lowest point below 71990, either down or rebounding to break the new high in five waves. It is very clear here when combined with MACD and OBV. The indicator is in the third rising stage, and the real positive column is gradually rising. The general direction belongs to an obvious upward trend, so it is very clear to see the trend chart. After the general direction is set, the 4-hour support is found at 75750. If it does not fall below and stabilize, it will continue to move in the third wave. Pay close attention!
From the daily line of ETH: the trend is clearer than that of the big cake. It is strongly bullish after breaking through the wedge range. The post also clearly reminds us to focus on the upper pressure position of 3280. The recent high-level consolidation of the big cake does not rule out the possibility of ether sneaking up. Observe that all technical indicators are bullish upward. The short-term indicator divergence does not affect the rising process. Just find the key position to short.
BTC Saturday strategy: 75550-75850 to do more, the target is around 76700!
ETH Saturday strategy: 3005-3015 to do more, the target is around 3080! #山寨季分析 #大盘的下一步?
11.9 Saturday BTC and ETH market summary: weak rise, be vigilant!
This week, due to the influence of Trump's coming to power and the Fed's interest rate decision, the big cake has reached a record high. It is currently in a shock correction stage. The price behavior is in the fourth push upward, but the pin point is low and the rise is weak. Last night's post suggested that the high-altitude is the main one. From the intraday trend, it is basically in line with expectations and very accurate. As long as the structure is not destroyed, it can be done by opening a short position at a high level. The weekend market is basically volatile. Next week, focus on the position of 71990, a big support. The monthly line is bullish and will rise if it does not fall below.
From the weekly chart of BTC: the trend line structure is upward, at the key node of 3 waves rising and 4 falling, because the 3rd wave is the longest, once the turning point is formed at the top 77180, it will definitely fall sharply, stepping back to the lowest point below 71990, either down or rebounding to break the new high in five waves. It is very clear here when combined with MACD and OBV. The indicator is in the third rising stage, and the real positive column is gradually rising. The general direction belongs to an obvious upward trend, so it is very clear to see the trend chart. After the general direction is set, the 4-hour support is found at 75750. If it does not fall below and stabilize, it will continue to move in the third wave. Pay close attention!
From the daily line of ETH: the trend is clearer than that of the big cake. It is strongly bullish after breaking through the wedge range. The post also clearly reminds us to focus on the upper pressure position of 3280. The recent high-level consolidation of the big cake does not rule out the possibility of ether sneaking up. Observe that all technical indicators are bullish upward. The short-term indicator divergence does not affect the rising process. Just find the key position to short.
BTC Saturday strategy: 75550-75850 to do more, the target is around 76700!
ETH Saturday strategy: 3005-3015 to do more, the target is around 3080! #山寨季分析 #大盘的下一步?
11.8 BTC, ETH Evening Analysis: Divergence in Volume Weakens Market Bulls
Last night, it was noted that Bitcoin's daily volume was diverging, resulting in minimal fluctuations. The strategy focused on going long on Ethereum, yielding a space of two hundred points and a 400% return. How about that? This wave was quite profitable. From Ethereum's intraday performance, it constantly spikes upwards, but the trend is very weak, especially as the Bollinger Bands on the 4-hour and 1-hour charts begin to narrow. Tonight, there is a high probability of spiking and consolidating at high levels, continuing until the weekend, which aligns with the typical weekend market behavior, with not much volatility expected.
Looking at BTC from the 4-hour chart: the trend line continuously climbs, yet the spike points above are lower each time at 75656, 76420, 76900. The short gaps between these points indicate that bullish volume is diminishing. Normally, the third spike should exceed the gaps of the previous two for a strong upward movement. Therefore, a rebound will be shorted, with the shorting point at the highest point of the trend line at 77400. In conjunction with the trend indicators, the lowest point below EMA20 is at 74280, and other main indicators are beginning to turn downwards. It is predicted that in the next three days, it will likely approach this level, and if it breaks below, a new downward trend will form in the short term. However, this does not affect the bullish outlook on the monthly chart or for those holding spot positions. Due to the divergence in larger volume levels, auxiliary indicators are temporarily disregarded. In terms of price action analysis, this falls under a large three-push structure, with no more than five pushes, and in the case of weakening momentum, it typically ends after three pushes.
BTC Evening Strategy: Short between 77200-77500, targeting around 75800!
ETH Evening Strategy: Short between 2965-2980, targeting around 2905! #BTC创历史新高 #大盘的下一步?
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Bullish
11.7 BTC, ETH evening analysis: interest rate decision is coming strongly, where is the market going?
The interest rate decision will be released at 3:00 am tonight. Once the interest rate cut of 25 basis points is confirmed, it will be good for cryptocurrencies, and there is a high probability that it will break new highs. Pay close attention. Recent posts are all prompting long positions, and the general direction is basically in line with expectations. With the end of the election, the lifeline of 71,500 on the daily line of Bitcoin has been strongly broken, and the bullish trend has been basically confirmed. In terms of indicators, we should focus on the divergence of the daily volume. In the case of downward bearish divergence, the retracement of Bitcoin is very small, so we need to be vigilant! Recently, it is recommended to do Ethereum. Ethereum is too weak. The main reason is that after breaking through the daily range, it rose by more than 200 points. There is a lot of room for concentrated outbreaks.
From the daily chart of ETH: the wedge triangle interval has broken through the upper lifeline of 2770, forming a bullish trend. At present, resistance and pressure are mutually converted. The 4-hour lowest point is 2619, which is also the best point for long positions. If the lifeline is broken, look at the lowest point. If it is not broken, go long around 2770 and grasp the key position. Combined with technical indicators, the moving average has deviated from the indicator and will retreat in the short term. The attached indicators are all bullish, because the OBV and KDJ indicators form a cross-up. The small level crosses the large level and belongs to a strong bullish stage. The general direction of the daily trend chart is very obvious. The bottom-to-bottom high structure is upward, so wait for the callback to end and follow the general direction to go long
BTC evening strategy: 73700-74200 to do more, and the target is around 75900!
ETH evening strategy: long at 2765-2780, target around 2915! #DOGE看涨情绪飙升 #美联储利率决议来袭
11.7 BTC, ETH evening analysis: interest rate decision is coming strongly, where is the market going?
The interest rate decision will be released at 3:00 am tonight. Once the interest rate cut of 25 basis points is confirmed, it will be good for cryptocurrencies, and there is a high probability that it will break new highs. Pay close attention. Recent posts are all prompting long positions, and the general direction is basically in line with expectations. With the end of the election, the lifeline of 71,500 on the daily line of Bitcoin has been strongly broken, and the bullish trend has been basically confirmed. In terms of indicators, we should focus on the divergence of the daily volume. In the case of downward bearish divergence, the retracement of Bitcoin is very small, so we need to be vigilant! Recently, it is recommended to do Ethereum. Ethereum is too weak. The main reason is that after breaking through the daily range, it rose by more than 200 points. There is a lot of room for concentrated outbreaks.
From the daily chart of ETH: the wedge triangle interval has broken through the upper lifeline of 2770, forming a bullish trend. At present, resistance and pressure are mutually converted. The 4-hour lowest point is 2619, which is also the best point for long positions. If the lifeline is broken, look at the lowest point. If it is not broken, go long around 2770 and grasp the key position. Combined with technical indicators, the moving average has deviated from the indicator and will retreat in the short term. The attached indicators are all bullish, because the OBV and KDJ indicators form a cross-up. The small level crosses the large level and belongs to a strong bullish stage. The general direction of the daily trend chart is very obvious. The bottom-to-bottom high structure is upward, so wait for the callback to end and follow the general direction to go long
BTC evening strategy: 73700-74200 to do more, and the target is around 75900!
11.6 BTC, ETH evening analysis: Trump takes office, the market soars
Last night's post was bullish, perfectly in line with the expected trend. Friends who follow my posts can get meat directly, which is very accurate. I mentioned at the weekend that if Trump wins the election, it will directly affect the trend of the crypto market, which is completely a big positive. During the morning vote counting time, Trump's leading advantage expanded indirectly led to a surge in Bitcoin, breaking through the historical high to around 75650. The market has digested it in advance. The US market will take the next step after the market calms down
From the 4-hour chart of BTC: On the 20th of last month, it was suggested that Bitcoin was moving upward in the wedge triangle range, breaking through the wedge high of 71600, and a new upward trend will be formed. The overall direction is very accurate. It also stabilized after closing the big positive line in 4 hours. It is currently in the stage of market adjustment. It is very obvious with Fibonacci. The waistline of the lowest point below, 71233, just crosses the top of the wedge to form a new resistance line. As long as it touches this position, it will be decisive to go long directly. Going long will look at the upper resistance near 75000. Breaking through the pin will see a new high of 76800. As for other indicators, all are strongly bullish. The general bullish trend is established. It is better to buy low and go long on the callback! (In addition, pay attention to the continuous top divergence at the daily level. Once the falling positive line breaks through the resistance level and goes down, the long position will be below 70,000, and the defensive position will follow the adjustment)
BTC evening strategy: 71200-71700 to go long, the target is around 75000!
ETH evening strategy: 2500-2515 to go long, the target is around 2605! #DOGE看涨情绪飙升 #BTC创历史新高
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Bullish
11.5 BTC, ETH Evening Analysis: A Double Bottom Is About to Form in the Upward Process
At the beginning of this month, Bitcoin gradually narrowed from a wide range of fluctuations, and the upward trend on the monthly chart has not yet ended; it has just begun. After the next pullback action is completed, the upward trend will open again. As long as Trump wins the election, we will decisively go long. This week, we are all positioning ourselves according to the big direction. Friends who follow my posts know that over the weekend, both the major news and technical indicators were fully bullish. As long as we follow the strategy, we haven't precisely reached the target points. For those who haven't kept up, please hurry up.
Looking at BTC from the 4-hour chart: Bitcoin has formed a double bottom upwards structure, but the right side bottom has not yet fully formed, and there will be further pullback actions. The right side symmetrical 4-hour lifeline is around 69050, and the high point and trend line form a crossover pressure at 69800. The technical indicators on the 4-hour chart have already indicated divergence, and after the early morning dip to the low at 66800, there was a second divergence upwards. Therefore, the overall direction is strongly bullish. As long as there are pullback actions, we can enter the market in batches. Looking at the attached indicators, they are all pointing upwards, combined with the trend chart and the overall direction, we are bullish. Therefore, we should go with the trend, and going long at lower prices is the best choice.
BTC Evening Strategy: Go long at 68700-69200, target near 69800!
ETH Evening Strategy: Go long at 2410-2425, target near 2520! #BTC突破7W #美联储利率决议来袭 #美国大选后涨或跌?
11.5 BTC, ETH Evening Analysis: A Double Bottom Is About to Form in the Upward Process
At the beginning of this month, Bitcoin gradually narrowed from a wide range of fluctuations, and the upward trend on the monthly chart has not yet ended; it has just begun. After the next pullback action is completed, the upward trend will open again. As long as Trump wins the election, we will decisively go long. This week, we are all positioning ourselves according to the big direction. Friends who follow my posts know that over the weekend, both the major news and technical indicators were fully bullish. As long as we follow the strategy, we haven't precisely reached the target points. For those who haven't kept up, please hurry up.
Looking at BTC from the 4-hour chart: Bitcoin has formed a double bottom upwards structure, but the right side bottom has not yet fully formed, and there will be further pullback actions. The right side symmetrical 4-hour lifeline is around 69050, and the high point and trend line form a crossover pressure at 69800. The technical indicators on the 4-hour chart have already indicated divergence, and after the early morning dip to the low at 66800, there was a second divergence upwards. Therefore, the overall direction is strongly bullish. As long as there are pullback actions, we can enter the market in batches. Looking at the attached indicators, they are all pointing upwards, combined with the trend chart and the overall direction, we are bullish. Therefore, we should go with the trend, and going long at lower prices is the best choice.
BTC Evening Strategy: Go long at 68700-69200, target near 69800!
11.3 Weekend BTC, ETH Market Summary: The Market Begins to Gradually Bottom
The strategy on Friday was mainly focused on positioning for short trades. Those who followed the larger trend essentially gained over the weekend, as last week's strong rally formed a daily divergence structure at the top, indicating a clear bearish outlook. It was previously analyzed that this divergence downward is temporary, while the larger monthly trend is still on an upward trajectory. Therefore, this week, after the U.S. elections, there will likely be another significant market movement.
Looking at BTC from the weekly perspective: the overall trend is upward, but after the spike, the 4-hour chart shows fluctuations that have created a bottom divergence. Due to the inverse trend formed by MACD and the candlestick pattern, this bottom divergence indicates a strong bullish outlook. Looking at the weekly sub-chart, both OBV and MACD are showing a continuous retracement structure upwards, indicating a three-push bullish trend. After establishing a bullish outlook, turning to the 4-hour and hourly charts, the upper high is around 69500. Therefore, if it retraces, a long position can be taken here.
From the daily perspective of ETH: it is showing a range-bound upward structure, with the trend chart forming higher lows, but it has not broken above the highest point of 2770, which is significantly weaker than BTC. This week has several important events, particularly focusing on Thursday's non-farm payroll and Friday's interest rate decision, both of which can directly impact the market. Generally, the Federal Reserve's rate-cutting cycle completes within a year to a year and a half. If the Fed chooses to continue cutting rates by 25 basis points in November, the market is likely to break new highs, in addition to the larger technical indicators being bullish. The support below is around 2405, so as long as it retraces here, a long position should be taken, especially in the spot market!
BTC Evening Strategy: Long between 67300-67800, targeting around 69500!
ETH Evening Strategy: Long between 2395-2415, targeting around 2475! #美国大选后行情预测 #美国大选后涨或跌?
11.3 Weekend BTC, ETH Market Summary: The Market Begins to Gradually Bottom
The strategy on Friday was mainly focused on positioning for short trades. Those who followed the larger trend essentially gained over the weekend, as last week's strong rally formed a daily divergence structure at the top, indicating a clear bearish outlook. It was previously analyzed that this divergence downward is temporary, while the larger monthly trend is still on an upward trajectory. Therefore, this week, after the U.S. elections, there will likely be another significant market movement.
Looking at BTC from the weekly perspective: the overall trend is upward, but after the spike, the 4-hour chart shows fluctuations that have created a bottom divergence. Due to the inverse trend formed by MACD and the candlestick pattern, this bottom divergence indicates a strong bullish outlook. Looking at the weekly sub-chart, both OBV and MACD are showing a continuous retracement structure upwards, indicating a three-push bullish trend. After establishing a bullish outlook, turning to the 4-hour and hourly charts, the upper high is around 69500. Therefore, if it retraces, a long position can be taken here.
From the daily perspective of ETH: it is showing a range-bound upward structure, with the trend chart forming higher lows, but it has not broken above the highest point of 2770, which is significantly weaker than BTC. This week has several important events, particularly focusing on Thursday's non-farm payroll and Friday's interest rate decision, both of which can directly impact the market. Generally, the Federal Reserve's rate-cutting cycle completes within a year to a year and a half. If the Fed chooses to continue cutting rates by 25 basis points in November, the market is likely to break new highs, in addition to the larger technical indicators being bullish. The support below is around 2405, so as long as it retraces here, a long position should be taken, especially in the spot market!
BTC Evening Strategy: Long between 67300-67800, targeting around 69500!
ETH Evening Strategy: Long between 2395-2415, targeting around 2475! #美国大选后行情预测 #美国大选后涨或跌?
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Bearish
11.1 BTC, ETH Evening Analysis: Intense Tug-of-War Between Bulls and Bears, Is the Non-Farm Data Favorable?
From the non-farm employment data released at 20:30 this evening, the significant discrepancy below expectations is a strong favorable indicator. Regardless of whether the data is adjusted, it has indirectly prompted a rebound in Bitcoin. Looking at the chart, after the M-top formation, the daytime belongs to a downward cycle. Because the technical indicators on the daily line closed last night and are showing a downward divergence, it aligns with the basic trend pattern of M. If the previous low of 68800 cannot be broken in the latter half of the night, it is highly likely that we will enter a period of consolidation, which will basically continue over the weekend.
From the 4-hour chart of BTC: Bitcoin has shown long wicks both upwards and downwards. Although the technical indicators show signs of turning, it has not stabilized below the trendline's low point of 69100. Pay attention to the latter half of the night; if it still does not break through, there will be a consolidation adjustment. Currently, the general direction indicates a bullish trend channel, and the structure is upward, so after a pullback, there will be considerable space for an increase. Looking at the 4-hour closing situation, the upward wicks are relatively long, indicating a strong bearish sentiment in the market, and combined with the additional indicator OBV, it is also showing a downward crossover indicating bearishness. Except for KDJ being oversold, all other indicators are moving downwards, so for now, the direction should primarily focus on short positions while maintaining good defenses in the context of a bullish long-term outlook!
BTC Evening Strategy: Short at 70700-71200, targeting around 69500!
ETH Evening Strategy: Short at 2530-2545, targeting around 2485! #美国大选后行情预测 #非农就业人数大幅降温
11.1 BTC, ETH Evening Analysis: Intense Tug-of-War Between Bulls and Bears, Is the Non-Farm Data Favorable?
From the non-farm employment data released at 20:30 this evening, the significant discrepancy below expectations is a strong favorable indicator. Regardless of whether the data is adjusted, it has indirectly prompted a rebound in Bitcoin. Looking at the chart, after the M-top formation, the daytime belongs to a downward cycle. Because the technical indicators on the daily line closed last night and are showing a downward divergence, it aligns with the basic trend pattern of M. If the previous low of 68800 cannot be broken in the latter half of the night, it is highly likely that we will enter a period of consolidation, which will basically continue over the weekend.
From the 4-hour chart of BTC: Bitcoin has shown long wicks both upwards and downwards. Although the technical indicators show signs of turning, it has not stabilized below the trendline's low point of 69100. Pay attention to the latter half of the night; if it still does not break through, there will be a consolidation adjustment. Currently, the general direction indicates a bullish trend channel, and the structure is upward, so after a pullback, there will be considerable space for an increase. Looking at the 4-hour closing situation, the upward wicks are relatively long, indicating a strong bearish sentiment in the market, and combined with the additional indicator OBV, it is also showing a downward crossover indicating bearishness. Except for KDJ being oversold, all other indicators are moving downwards, so for now, the direction should primarily focus on short positions while maintaining good defenses in the context of a bullish long-term outlook!
BTC Evening Strategy: Short at 70700-71200, targeting around 69500!
10.22 BTC, ETH Evening Analysis: Valuable Insights, Bearish Trend Has Initially Formed
Bitcoin's performance last night was very much in line with expectations. The technical indicators showed a 4-hour divergence, and the overall direction is bearish. For those who have followed my analysis, as long as you're aligned with the main trend, there is room for profit. After a brief correction during the day, Bitcoin started to weakly oscillate downwards. It's clear that the downward space has not been fully released; the next move is to short on any rebound.
From the 4-hour chart of BTC: All accompanying indicators are pointing down, especially the RSI below 50. Since the RSI has mostly been above 50 recently, this downward movement is rare, so it’s advisable to short at highs. Combined with the Fibonacci levels and the 1-hour trend chart, it becomes very clear that the lower support intersects at 64233, particularly as the hourly trend is shifting downwards, forming a lower low structure. This indicates that the overall direction tonight is bearish, and the highest point for the defense shift is at the 4-hour lifeline of 67800. When it hits the upper high, it will likely pull back down, which is also a suitable shorting point!
BTC Evening Strategy: Short between 67600-68000, targeting around 64230!
ETH Evening Strategy: Short between 2635-2650, targeting around 2520! #币安上线SCR现货 #美国大选前行情观察
10.20 Weekend BTC and ETH market summary: key resistance has been broken, the general direction is bullish
This week, affected by the expansion of Trump's election advantage and the situation on the peninsula, the market ushered in a wave of strong rise, but the volatility of Bitcoin is more obvious than that of CNY and Ethereum, and the trend chart is also bullish. Both long and short positions are arranged. The general direction of bullishness was given on the 12th. You can't go wrong by following the general direction. The weekend is oscillating at a high level, and the callback is small. Friends who touch the top need to wait patiently for opportunities
From the general direction of the weekly chart of BTC: a triangular wedge-shaped upward market is formed, and the upper resistance range is between 69500-70500. The weekend market fluctuations are not very large. Basically, it has been in a stable upward market since the surge on the 14th, so there should not be much tonight's catch-up. From the general direction of technical indicators, the monthly line continues to be bullish, and then focus on the October low closing line. If it is within the resistance range, there will be a large correction before the interest rate cut in November. At that time, you can arrange more medium and long-term positions, especially spot positions, which is a direct profit market.
From the daily chart of ETH: there is a large space above, focus on the daily lifeline at 2770, and the 4-hour and 6-hour technical indicators are running above the middle track, especially the 4-hour OBV indicator continues to step back on the yellow line upward, and the MACD green column shrinks. Combined with the trend chart, it shows that the bullish space is very large. Once it breaks through 2700, it will be strongly bullish. If it is a pin, continue to look near the daily lifeline.
The weekend volatility is small, so I won’t give you a strategy. Wait until the market comes out on Monday before entering the market! #特朗普家族加密项目 #BTC要挑战7W大关了吗?
10.17 BTC, ETH evening analysis: Wait until the short adjustment is over before entering the market at a low point
The high altitude given in the post last night was the main one, and the general direction and the upper high point were very accurate. The highest pin of the big cake was 68300 and then quickly stepped back. Therefore, after the entire market diverged, downward adjustment is inevitable. As long as the layout is based on the range, there is room for intraday trading. The frequency of the range of the big cake tonight is obviously accelerating. When the downward adjustment of the triangle range on the daily line is over, the mid-term rising stage is coming. Be patient and wait!
From the 4-hour chart, BTC's technical indicators are weak and downward, and it is still in a downward trend, but the attached indicator OBV shows signs of turning upward, so we can see from the trend that the trend line of the hourly chart is constantly moving upward, and the general direction is still bullish, but the low point of the trend line below crosses the resistance line near 65700, which is also the support point of the 30-day moving average. As long as this position does not break through, it is the best position to go long. Since both the daily line and the trend chart are bullish, it is best to go long near the bottom. Pay attention to this in the evening. Once it breaks through, it will be strongly bearish. Otherwise, follow the trend to go long.
BTC evening strategy: 65600-65900 to go long, and the target is around 68000!
10.16 BTC, ETH evening analysis: The rise in the cycle is coming to an end, and the market will usher in a turning point
Since the reminder of the general direction V reversal bullish last week, the market has been rising all the way, with continuous positives. As long as you follow the trend, you can basically win directly. At present, the rise of Auntie is very large, and the rebound strength is much lower than that of the big cake. Especially those who are in spot and mid-term layout can buy on dips. For the big cake, it was affected by the decline of the US stock market last night and plunged from a high position. Although there is a rebound during the day, the possibility of continuous diving tonight cannot be ruled out.
BTC from the 4-hour chart: MACD classic 4 times top back downward structure, because the top divergence is a strong bearish, and the US stock daily level also diverges, so it is best to short at highs. From the technical indicators, 68000 is a key resistance level. Pay attention to the KDJ crossing and forming a dead cross downward, which is a strong bearish trend. In addition, the daily line is upward, and the 12-hour chart indicator is overbought. With other indicators, they are also turning downward. So the operation is still based on high altitude. Try not to go long. There is not much room. It is meaningless to gamble. As long as the direction is followed, there is money to be made.
BTC evening strategy: 67800-68300 short, target around 65700!
10.12 BTC, ETH evening analysis: V-shaped reversal, low-long entry
Last night's analysis trend was basically consistent with expectations. After breaking through the lower resistance, the lowest pin was around 58900, so as long as you follow the general direction expectations to arrange, you can lock in profits. From the current market, the big cake directly reversed in a V shape, strongly bullish, mainly because after the daily line closed in the morning, the technical indicators walked out of the low back upward structure, so the strength is very strong
BTC from the 4-hour chart: Like the daily level, it is also low back upward bullish. From the Fibonacci point of view, the upper resistance is 62370, the position of the 4-hour lifeline, and the lower low is 61520. The current trend chart has formed a bullish trend, so it is more appropriate to go long at the low point. All technical indicators are bullish, MACD has closed 3 real positive bars in a row, the bulls are very strong, KDJ is also golden cross upward, currently in the overbought range, wait for the callback to go long, the general direction is strongly bullish
BTC evening strategy: 61200-61500 to go long, the target is around 62800!
ETH evening strategy: 2405-2415 to go long, the target is around 2460! #6万保卫战 #9月美国CPI实现6连降
10.11 BTC, ETH evening analysis: The market has entered a critical node of long-short game
A sharp correction of Bitcoin last night directly made the market focus on 60,000 again. It is currently in a narrow range of fluctuations. Tonight's market trend is basically the same as the fluctuations from Monday to Wednesday. From the main technical indicators at the daily level, the general direction is strongly bearish. It is only a matter of time to break the resistance range. If you plan to invest in the high altitude tonight, pay attention to the pin 59700. Once it breaks through, it will continue to fall. The lowest point should be around 58000
BTC from the 4-hour chart: All technical indicators are bearish downward, and the big cake has a very classic head and shoulders top downward pattern. If it breaks through 59800 below, it will go big. From the September CPI data released tonight, 0.2% is less than expected, which is a strong negative. Because once the CPI value reaches 0.2 points, it is possible to slow down the interest rate cut. If it is higher than 0.2%, the intensity of the interest rate cut will be increased. The overall crypto market is bearish. Combined with the trend chart, the market is going down and the structure of the low bottom is downward. KDJ and MACD are both bearish. 60800 is the high point of the trend chart, and shorting is mainly done at highs.
BTC evening strategy: sell high and buy low in the range of 61200-59700, and go down when the resistance is broken!
ETH evening strategy: sell high and buy low in the range of 2415-2375, and go down when the resistance is broken! #6万保卫战 #特朗普当选概率上升