1.6 Monday, Bitcoin, Ethereum, Trading Ideas!

The process of achieving dreams is never easy; you have to overcome a lot of confusion, grievances, laziness, and weakness. You must constantly motivate and encourage yourself, and control the part of you that wants to retreat.

From the 1-hour K-line of Bitcoin, the price retraced all the way last night but stopped at 97,200 points, failing to break down below 70,000. The surge in the US stock market has caused the Bitcoin price to move directly along the upper Bollinger band, nearly breaking above it, indicating a bullish trend. The MACD lines are also moving upward, indicating a bullish trend, and the momentum is gradually increasing. The KDJ three lines are moving upward, with the gap gradually widening, indicating a bullish trend. Overall, the trend is predominantly bullish. However, there isn't much room for upward movement above, and the focus in the morning is on short positions.

Monday Reference Strategy

Short Bitcoin at 98,800 to 99,200, targeting 95,000.

Short Ethereum at 3,660 to 3,680, targeting 3,500.

I’ll say this: Buddha helps those with fate; I carry those with intention! Among thousands, are you the one destined for me? Am I your lucky charm? $BTC $ETH $XRP #比特币走势观察 #加密市场反弹 #比特币诞生16周年 #币安全球用户突破2.5亿 #BIO开盘