Market rules, twists and turns, cycles replace one another. Cultivate the mind internally and practice externally. The road is long and arduous. Doubt can filter risks but can also miss opportunities. To seize opportunities, one must be brave enough to try. Different attitudes towards life yield different results. If one lacks ambition, even with the help of benefactors, they will ultimately be an unhelpable burden. All difficulties are not necessarily hardships; the success history of an investor is actually a history of learning and growth. The journey is tough yet picturesque. Stay true to your original intention and you will achieve your goals.
2024.11.23BTC————————
Bitcoin looks at the retracement and repair market perfectly grasping the space. The strategy viewpoint given on the 22nd suggests to lay out operations in batches in the 97500-95000 range. It has already accurately pinpointed the bottom point, and those who are steady can exit and wait for the next opportunity. From a technical perspective on the daily chart, it is generally bearish. If the daily support continues to probe lower, support may be seen around 83000. Additionally, a new top-bottom conversion support will form around 89000, so in the subsequent thought process, one can first look at the strength of support at 89000, and then see if it breaks through 83000. There are certain bullish flag signs in the smaller four-hour level, but the upward path has not broken through the high point of 98300, so the overall pressure in the future should pay more attention to whether it can break through, with short-term support around 97500. On the hourly chart, the price is running within the bullish Bollinger channel, with lower support focusing on the two points of 97500 and 96200, and high-level resistance focusing on the 99100 line. Based on the above suggestions, Bitcoin should continue to look to buy on the overall pullback.
Pending order:
Buy between 96200-96800, target over 1000 points
(Strategy activation can only be used once, and there is space to arrange profits by oneself)
2024.11.23ETH————————
The overall layout of Ethereum is relatively imperfect, and the support layout at 3250 was not accurately given. However, Qin Chuan still maintains the previous viewpoint that the current main operational thought is to lay out for retracement. If the price can continue to support at 3150 under the narrowing Bollinger Bands on the daily chart, the daily line will certainly break through the previous high to reach new heights. The defensive replenishment position to pay attention to is 2980. On the four-hour chart, the bullish trend is currently strong, and short-term attention can be focused on the support at 3380, with the lower defensive replenishment position continuing to focus on the 3250 line. Based on the above suggestions, Ethereum should continue to lay out for retracement.
Pending order:
Pay attention to support in the range of 3380-3230 in batches
(Strategy activation can only be used once, and there is space to arrange profits by oneself)
This article is exclusively written by senior analyst Qin Chuan, who has researched investment fields such as Bitcoin, Ethereum, contracts, spot trading, gold forex, and stocks for many years. Currently, he mainly guides contract operations, has a solid theoretical foundation and practical experience, is adept at combining technical and news-based operations, emphasizes capital management and risk control, and has a stable and decisive operational style, recognized by many investment friends for his easy-going and responsible character along with sharp and decisive operations. For more real-time investment strategies, trading methods, operational skills, and knowledge of K-lines and other market trends, please follow the public account: Zhao Qin Chuan
Disclaimer: The above analysis only represents the author's personal views and does not constitute specific operational advice. Any operations based on this are at your own risk. Investment has risks; proceed with caution.
