12.3 Analysis of the trading ideas of cryptocurrencies at noon
From the perspective of the current overall market structure, after the decline, the market has not shown a very strong rebound trend.
Although there has been a small-scale rebound, compared with the previous decline, this rebound can only be regarded as a price correction behavior. Under this market rhythm of unilateral decline and continuous release of momentum, investors must not blindly compete with the market trend, let alone blindly chasing long without any basis.
We should patiently wait for the market to rebound sharply and quickly before carefully considering the possibility of trend reversal.
In fact, the recent market band trend is relatively flat, and the price is mainly supported by buying power. The market is currently in a more tangled state. There was a false break before and then a quick recovery, and its rebound strength was acceptable.
Considering various factors, the more appropriate trading strategy is to try shorting first and then look for opportunities to go long.
The specific trading point recommendations are as follows:
For Bitcoin (Big Bread), you can arrange short selling when its price is around 960-963, and the expected target price is 945.
For Ethereum (Ethereum), you can choose to short sell around 3660-3680, and the target price is set at 3570. If you want to delve deeper into the cryptocurrency circle, but can't find a clue, and want to quickly understand the information gap, whether it is a contract or spot, you can 👉 Learn more in my profile #微策略持续增持BTC #ADA、ENA大额解锁