Trading points and market analysis

Trading mentality and common problems

1. Too many people in this market are impatient, and this mentality can easily lead to trading losses. Many people want to make money quickly, but often things go against their wishes. Frequent trading plus high expectations not only make no money, but may also cause losses due to handling fees. Trading requires patience, which is unbearable for most people. Many investors fail because they cannot wait.

2. Trading is lonely, and you must be able to endure loneliness. The current election is approaching and the market is about to have a direction. It is recommended to take steady steps.

Today's trading strategy and points

1. BTC 4-hour K-line trend:

Pressure level: around 68851~70431

Support level: around 65611~66499

ETH 4-hour K-line trend:

Pressure level: around 2440~2489

Support level: around 2316~2367

2. Technical analysis:

Bitcoin 4-hour K-line fell in large volume, and oscillated back and forth between the upper and lower important neckline support and pressure levels; the current 4-hour MACD indicator is in the form of oil leaking in the air (accelerating the price decline), and the 12-hour and 24-hour MACD indicators are in the form of rootless water. The price continues to have a need for correction, and it is still bearish in the later period. Short-term operations are shorted at highs. Once the K-line price rebounds to the small cycle 30 minutes, 1 hour EMA60 moving average or the key neckline pressure level, it is the best opportunity to ambush and enter the market for profit.

3. Short-term spot operation thinking: If the price pulls back to the important support level marked above, you can enter the market with a light position and place a long order

The impact of the election on the market

1. Trump leads in 4 of the 6 states, leading Harris by 15% of the vote. If elected, Bitcoin will explode and Doge will also have an independent market. Election night will cause prices to fluctuate greatly, with BTC fluctuating between -5% and +5%, and ETH fluctuating between -7% and +7%. Pin orders can be placed.

2. If Trump wins, the price of Bitcoin will approach the target of $73,000 faster, breaking the historical high of $80,000 to $90,000 before the inauguration on January 20, 2025; if Harris wins, the price of Bitcoin may fall to $65,000 to $66,000 in the short term.

3. If Bitcoin falls below $68,000, the cumulative long order liquidation strength will be 580 million; if it breaks through $70,000, the cumulative short order liquidation strength will be 873 million. #美国大选后涨或跌？ #美国选情僵持 #BTC市占率新高