Everyone, please be responsible for your own capital, and do not be a fool or idiot in the market. For each order, you must clearly understand the market conditions, the logic of your transaction, where your take-profit and stop-loss are, and whether the profit and loss ratio is reasonable.


PS: Don’t be blind to me, don’t think that everything I said is right. I can’t be 100% correct. After all, this market is extremely easy to manipulate. Fear the market, fear the market, fear the market. Analysis is a weather forecast. I hope that after you have learned it, you will have your own opinions to communicate with me and make progress together.


Disclaimer: This article is only a personal opinion and is not intended as investment advice. Please be responsible for your own profits and losses.


1、BTC

Daily chart

1) Currently, the market is still on an upward trend, but the secondary level is experiencing a volatile decline and correction.

2) There were no friends who went long yesterday. The daily line has tested fvg and made some plunder.
Whether it is possible to buy here still needs further observation at a small level. After all, Mentougou has already started to pay compensation, and there was selling of ETF yesterday.
Therefore, we need to wait for the small-level accumulation structure to make further judgment, and the purchase should also be based on short-term rebound first.
3) The key focus is still on 3Dbk, which is also fvg, a discount zone, and the lower edge of the quarterly vWAP. Focus on buying here first.


H1 Chart

1) Downward trend.
2) Range-l has been plundered here.
Then from 1 a.m. to now, it has been oscillating around range-l, and at 8 a.m. it opened at the high point and made a bsl plunder.
3) Therefore, the market is still in a downward trend and there are no trading opportunities for the time being.
In my personal opinion, I expect another low point to be formed, followed by a destruction of the upward structure, and then focus on buying when it falls back to range-l and stabilizes, as shown by the blue line.


2、ETH

Daily chart
1) Upward trend.
2) The ETF has been approved, and the total trading volume is currently $1 billion, which is 23% of the first day of the spot Bitcoin ETF.
Grayscale ETHE sold 458M, with a net inflow of 625M.
We still need to continue to pay attention to the data and be aware of Grayscale's selling pressure.
3) The market is still oscillating in the gray area. This is the bearish OB at the previous 3D position and also the eq at the 0.5 position in the interval.
After hunting, it has been oscillating here, and this position has become a support-resistance conversion area.
4) Still pay attention to this position. The lower edge is also the quarterly vwap-eq. If it falls below here and distributes downward, then it will face a retracement. Pay attention to around 3150 first.
If it breaks upward, we will first look at the test against 3660. If it breaks through here and stabilizes, we will continue to look at the test against range-H.

H1 Chart

1) Range-oscillating downward trend, the range is 3D high and low points.
2) We can see that ETH is engaged in a brutal range-wide liquidity grab. Yesterday, it first grabbed IDM upwards to test range-h, then hit the IDM and SSL liquidity below downwards, and tested OB. This was also the position where I had been waiting to buy yesterday.
3) It is still just a rebound now. We are currently testing pco. If poc rejects here, it will still be a downward trend. Those who bought last night should set a stop loss.
4) Currently, the upward trend can only continue if the range-h is broken and stabilized.


3、ETH/BTC


Daily chart

1) The market is fluctuating downward.

2) The exchange rate is going well at the moment. After the plunder here, it stands firm in the red range-l again. So we need to pay attention to maintain the range-l standing firm at a small level and moving in a volatile manner. Then we continue to look at the range-eq test.
3) If it falls below range-l again, then we need to pay attention to the pullback. I still expect the exchange rate to pull back to the black range-l, that is, to see the ETH selling pressure fall. Pay attention to the accumulation of funds in range-l to help judge the purchase of ETH.



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Related PA Transaction Terms


EQH = Equal High


EQL = Equal Low


FVG - Fair Value Gap


HL - Higher Low


HH - Higher High


LL - Lower Low


LH - Lower High


HTF - High Time Frame


LTF - Low Time Frame


MS - Market Structure


OB - Order Block


IDM-Induction Point


MSB, BOS, COS, CH structure destruction