Bitcoin surged nearly 10,000 points three days after the U.S. election. Currently, the Bitcoin daily price has broken through and is operating near the upper Bollinger Band. The MACD and KDJ indicators show a bullish momentum trend. The indicators are severely overbought, and there is a gap of 3,000-4,000 points between the price and the 5-day moving average. Looking at the 12-hour chart, the current TD indicator has reached TD8, with the price oscillating around the 5-day moving average. According to the current trend, we need to wait for the 12-hour TD indicator to reach TD9 to determine whether the market will correct to fix the daily gap. The current high of 77,000 can be seen as a resistance level. If this position is broken with increased volume, Bitcoin will again break through its historical high and reach 80,000, which is just a matter of time.
On the 4-hour chart, the current price of Bitcoin is oscillating slightly around the 5 and 10-day moving averages. The MACD bullish volume is starting to shrink, and with Saturday approaching, trading volume is quite thin, leading to a slight adjustment in the market. Looking at the hourly chart, the bullish volume is beginning to weaken, indicating a tendency for slight oscillation and adjustment in sentiment. Therefore, from the early morning until tomorrow's daily update, I personally believe that since the price is at a high level, we can adopt a short-term wave high short strategy, which seems more prudent. Current support for the low points is around 74,500-72,700. As long as the price does not effectively break below the 74,500-72,700 range during the early morning or tomorrow's daily update, Bitcoin will likely rise again. For the early morning trend, the operational strategy can be to first short high and then long low. Specific guidance will be provided in real-time.
Operation suggestion for Bitcoin: 76300-76800 short. Target: 75000-74500. Stop loss: 77200.
Wait for a pullback to position for long.
Ethereum broke through the key previous high resistance of 2720 yesterday, leading to a round of increased volume, and the current price shows signs of catching up. The weekly K line price is currently operating under the pressure of the 30-day moving average. The indicators are mostly in sync with Bitcoin. If this week can stabilize under the pressure of the weekly 30-day moving average, then next week the bulls will likely catch up again. However, due to the large gap in the daily line, the current short-term indicators are in sync with Bitcoin. The key resistance at 2960 must stabilize for the bulls to push above 3000. The current low point support is in the range of 2815-2720. As long as the price does not effectively break below 2815-2720 during the early morning or tomorrow's daily update, Ethereum will likely catch up again, with high resistance around 2960-3100. For the early morning trend, the operational strategy can be to first short high and then long low. Specific guidance will be provided in real-time.
Operation suggestion: Ethereum: 2935-2965 short. Target: 2880-2815. Stop loss: 2985.
Wait for a pullback to position for long.
In the short term, let's focus here, we will take it step by step and provide detailed analysis later.#BTC创历史新高 #大盘的下一步?