Negative, small impact! Having said that, it has little impact on the cryptocurrency market. Focus on Powell's speech at 4 a.m. This decision of the Fed's interest rate cut has a greater impact on the cryptocurrency market! From the hourly chart level, there is a need for a retracement. The idea remains unchanged. Get on the two positions below and look at new highs! 89500 and 88500, look at 92000 and 94000
Stay calm, don't panic when you see the market going sideways at a high level. You won't make a profit if you miss the market, but you won't lose money either. If you make the wrong market, you will definitely not make a profit, but you will definitely lose money, so there is no need to force yourself to be ready to enter the market at any time! You must be calm, don't be impulsive, and don't get carried away! Now the market generally believes that the price of the currency will reach 100,000, and it is indeed just a step away, but the bulls have been hit hard in the past two days. After each new high, there is a 5,000-point retracement. It is easy to be taught a lesson on the road to chasing more!
Now the price fluctuates at 90,500, and the retracement to 89,200 and 88,200 is to connect with more, the target is 91,000, 93,000 and 95,000, and the defense is 87,000
A 5,000-point retracement at midnight took away many retail investors who were chasing long positions. The higher the price, the more you should rush. You must be more respectful! The retracement from 93,400 to 88,000 stopped the decline, a drop of 5,400 points. The last time it retreated from the high point of 90,070 to 85,159, it was also a retracement of nearly 5,000 points. Is this a rule? As soon as Bitcoin reaches a new high, it is easy to retrace 5,000 points to kill the long positions chasing long positions? It is an opportunity. If it does not retrace or reverse, who would dare to buy more? Today, we will focus on the low position of 88,000 of the retracement. Relying on this position, we can buy more at a low price!
The retracement is not a reversal. You don’t need to be so nervous and remove the short positions. Otherwise, when the market is pulled up, the short positions will be damaged, and both the long and short positions will be damaged, and the mentality will easily collapse. In such a bull market, new highs continue, so there is no need to be afraid of heights, let alone guess the top. Just buy more at a low price! Don't chase high prices, and don't panic when there is a pullback. Think of it as reversing to pick up people. The current price is fluctuating around 90,000. The idea is to mainly rely on low longs at 88,000. Look up to 92,000 and 93,000. If it breaks, look at 95,000. The defense zone is 86,500.
What to do if you are stuck? Let's take a look at the universal rules for unwinding:
1. Adopt the method of not selling and not losing money. After the order is locked, as long as it has not been sold, you cannot assume that you have lost all your money.
2. Use the shifting method to operate. That is, stop loss first, and then buy at a lower price to reduce or flatten the loss of the upper gear.
3. Stop loss in a quick way. That is, sell all the holdings to avoid further losses due to price declines. This unwinding strategy is mainly suitable for short-term investors with the purpose of speculation. Because in a falling short market, the longer the short-term investors hold, the greater the loss will be to the investors.
4. Adopt the method of flattening downward. That is, as the price falls, the Instead of expanding, you can buy more, thereby reducing the average cost, waiting for the price to rise and make a profit. However, this approach must be based on the premise that the overall investment environment has not deteriorated and the market has not turned from a bull market to a bear market. Otherwise, it is very easy to fall into a dilemma of getting more and more trapped.
5. Investors who are slightly trapped can use the rebound market to get out of the trap, or reduce their positions when the market is high;
6. Investors who are trapped at high levels can also reduce their positions when the market is high, so that they can take the initiative psychologically and financially in the next wave of the market.
7. If the price you buy is in a downward trend, once it is confirmed that the downward trend has formed, you should stop the loss immediately, and you must not worry about gains and losses and have illusions. Any hesitation and hesitation may be exchanged for deep
Yesterday, Bitcoin's Baipan Hangqing trend was flat after a round of declines. However, since the release of the CPI data in the evening, the price of the currency has been like a wild horse, and it has been advancing all the way until the price rose to the 93,300 area, and a new historical high has been reached again. The overnight currency price fell back to around 88,000 after being blocked. It has now rebounded to above 90,000 again, and the bullish trend remains unchanged.
As far as the current market trend is concerned, the consistently strong market is afraid of rising and falling, while the weak market is afraid of bottoming out and rising. However, after several waves of corrections yesterday, the currency price bottomed out and rebounded twice, indicating that the decline could not withstand the increase and rebounded repeatedly. The new high in one go in the evening is a strong performance. The four-hour chart has continued to fall and rebound, and it is poised to rise again. The hourly chart can also recover after a continuous decline, and the decline is not continuous. The overall trend is still strong. I am still optimistic about the bulls during the day, and the retracement is a more ideal rhythm and direction.
Operation suggestions
Bitcoin can be bought around 89,500 on Thursday morning, with the target at 92,000
Ethereum can be bought between 3160 and 3180, with the target at 3350
Wednesday is also over. After Bitcoin dropped to 87175 in the afternoon, the bulls once again ushered in consolidation and accumulation of momentum. In the evening, stimulated by CPI, a strong pull-up once again refreshed the historical high and currently reached 93265. The long orders we arranged in the afternoon directly won more than 2,000 points in the evening, and then went in directly, and won more than 1,000 points! It sounds difficult to make orders, but if you make good use of each trend and make plans for each time, the rest of the things are very simple!
From the perspective of the daily line, the previous K line showed a big positive line, which broke through the upper track strongly. After opening above the upper track during the day, it began to enter a state of shock adjustment. I believe that everyone can't see the top during this period, so we are optimistic about touching the 95,000 mark next, which may be accompanied by a step-by-step approach. In the process of stepping back, choose the opportunity to go long. If there is no big step back, just follow the long and look at the unilateral pull-up.
Bitcoin can go long if it falls back to 91000-91500, and the target is 93500 first
Ethereum can go long if it falls back to 3270-3280, and the target is 3450 first
But I just can't figure out why the number of long orders being blown up is getting bigger and bigger. Is it because all the short orders have been blown up? Besides, are the long orders blindly chasing to 90,000? In the past few days, it has been more than 79,000, more than 80,500, more than 88,000, and more than 86,500 last night. There are many positions. You can get 1,000-3,000 points with your eyes closed. Why did the position explode? I can only say that it is too greedy. Either the position is too heavy, full position, or it is too high.
Returning to the topic, the key support level of the big cake is 85,000, and the pressure level is around 90,000. A short-term correction will not change the upward trend. The correction is more!
The influx of major institutions has more bullish factors than shorts. From the four-hour structure, the retracement still does not break the upward trend, and it has gone out of shock repair to accumulate power for the sprint to the high position.
Afternoon operation suggestions: Bitcoin is long around 86500-87000, target is 89000-90000
Ethereum is long around 3100-3120, target is 3250-3300
The first target of 88500 has been reached, and 2000 points have already been secured! The 86500 marker is now publicly calling everyone to continue buying. Next, change to breakeven stop-loss, meaning adjust the stop-loss to 86500, and then watch the second target of 90500. If you have followed the buying, be sure to remember to gradually reduce in batches and change to breakeven stop-loss, this is the safest and most reliable way!
Tuesday has also come to an end, let's summarize Tuesday. Early this morning, the market surged to a high of 89800, and in the afternoon, the price broke through the 90000 mark, subsequently showing a trend of volatility and decline. Overall, we have managed to grasp the bullish side quite steadily, and there are no gains from the bearish side so far. The long positions established during the day have collectively gained 4000 points.
Reverse pick up people, don't miss the opportunity! Do not believe anyone or any institution that is pessimistic about Bitcoin; the pullback has already occurred, and there's no need to worry too much! It just flew too high, and a pullback is needed to cool things down, taking away some blind chasing of the uptrend, which does not affect the subsequent rise! If there's no more, you can prepare to re-enter, directly enter around 86500, with targets at 88500, 90500, and 93000, and make sure to have a stop loss at 84500. Definitely do not go heavy, come in lightly!
The Silk Road that we gave you in the morning, which was directly long at around 88,500, has also been verified. Although it did not reach the point we expected, the long Dan in the morning has currently taken 1,100 points of space, and Ethereum has also taken 80 points of space. It seems simple to stop while you are ahead, but how many people can really understand the deep meaning. From the current trend, the strength and continuation of the midnight and morning retracements are not too large. It tends to maintain a high-level shock repair trend in the short-term trend, and the intraday decline may not go too large. When placing orders in this adjustment trend after a rapid rise, you should pay more attention to the adjustment and repair of the small-level cycle trend. After the repair is completed, it will still be in a state of rising again.
Big cake is directly long around 85,000-85,300, and it looks up to 89,000 Ether is directly long around 3200-3230, and it looks up to 3400
There's not much to say about the current market. Many are charging ahead like untamed wild horses, reaching a high of 89,000. With such a crazy upward trend, who dares to short? The momentum resembles a sports car fueled to the max, pulling ahead relentlessly. This scene is quite exaggerated and absurd.
The daily chart shows a strong bullish trend, and there's no need to worry excessively about top pressure. Currently, it's not the time to consider shorting; the likelihood of a significant liquidation of long positions before positive news emerges is very small, and the upward pressure is minimal. In a bull market, it’s unwise to blindly guess the top and chase shorts, as history has countless examples of being trapped in low positions. One must remain calm in the face of the market; price pullbacks present good opportunities to go long.
For Bitcoin, go long at 88,500-88,300, targeting the 91,000-95,000 range. For Ethereum, go long at 3,340-3,320, targeting the 3,400-3,500 range.
Crazy Monday, the pie has reached new highs in succession. The students who followed Burren have already had enough. We have updated the whole process serially and do not allow any fraud. Today, 80,500 has been followed by 83,000. There is no need for frequent operations. Today, 2,500 is taken. Do we still need to draw pie, band, and mid-line layout?
From the current market, the daily line clearly shows the unilateral upward trend of the pie. From the overall technical structure, only three words can be used to express the current situation: strong, trend, and hard. Don't predict where the top is. From the current trend, after breaking through the new high, the market is also in a high-level consolidation form. The bulls are still strong, and the small retracement has not brought much impact on the overall situation. In the short term, it has maintained a good upward momentum. As the new highs are constantly refreshed, there is not much pressure from above. In this situation, everyone knows to be bullish and wants to wait for a retracement to take over, but sometimes the market does not retrace, so the better operation is to intervene flexibly before the market, and at the same time, it is necessary to reasonably plan the position and do a good job of risk control. Don't try to predict the top. There is no market that only goes up and never goes down, and there is no market that only goes down and never goes up. If the rise is unexpected, the fall will be the same. So at the moment, we just need to follow the trend. We should still go more.
On Monday morning, we also gave the idea of retreating and taking more. The market was also very favorable. Every time we stepped back, we just reached the entry position given by us. The space of 1,000 points was really easy to take. In the afternoon, we also perfectly gained more than 1,000 points. We ate the dividends of the bull market again. Although the pressure from above is strong, the support from below should not be underestimated. As the saying goes, retracement and taking more is the most stable idea at present.
The daily line of big cake rose strongly for five consecutive days, and it rose steadily to a new high. Today, it replaced the correction with consolidation. After continuous consolidation, it continued to reach a new high. The short-term strength remains. Although there is a high-rise and fall pattern, the slow rise and squeeze is also an increase. The shorts are still suppressed. Following the retracement and going long is still the main idea
Operational suggestions Big cake 81500-81700 long target 83000 Ether around 3180 can be long target 3250
Although everyone knows that the market does not only rise and never falls, blindly trying to guess the peak and shorting can be quite costly. If you're not careful, you might face a liquidation! This morning, we placed long orders around 79500, which have already come to fruition, and currently, Bitcoin has reached a peak of around 81846! Bullish, go long, don't fear heights, don't guess the peak, but definitely do not chase long positions directly. The price is rapidly approaching around 80600 now. First, pay attention to the 80000 round number, and plan to long from here. This kind of market won't have too deep of a pullback; otherwise, it would lead to a crash. Use light positions, set strict stop losses, don't hold on, don't get overly excited, and don't bet out of spite!
If it pulls back to 80500, go long again, and then add at 79500. The target is 81500-82500. Ethereum is in sync!
The price center has been gradually rising on the 4-hour level, and the K-line is also slowly elevating. The short-term moving averages show signs of continued strength in the short-term trend. However, be aware that there may be a slight breakdown followed by a consolidation downward trend on the 4-hour level. The current price range at the hourly level is quite compressed. Pay attention to the short-term adjustment and recovery situation. In terms of operations, maintain a strategy of waiting for a pullback before going long, and do not blindly follow the trend to chase highs; risk management is essential.
Bitcoin Strategy: Buy around 79500-80000, target 81500 Ethereum Strategy: Buy around 3140-3160, target 3280
Either boldly chase the rise, or calmly wait and see; shorting is absolutely out of the question! Never be the early bird; it's better to be late to realize things. Wait until the real crash happens, the waterfall appears, and then go short, rather than trying to guess the top while the market is still rising! The fluctuations are very small; at the very least, one should finish this round of the doomsday train! Where will the bullish trend end up?
Bitcoin at least 82,000! Ethereum at least 3,400!
No deep adjustments have appeared, don't look back! First, finish what's in front of you before talking about anything else!
#BTC挑战8W大关 #特斯拉市值重上1万亿美元 #BinanceLabs投资BIOProtocol I didn't expect such a large fluctuation in the market this weekend. Bitcoin rose from a low of 75683 early in the morning to a high of 79882. It surged directly by 4000 points. It seems to aim for the 80000 mark. Ethereum also showed strength, rising from 2990 to a high of 3220. The bullish outlook we provided last night was perfectly validated, leading our students to substantial gains. Currently, looking at the overall structure, the daily line is continuously rising, and it has touched the 80000 mark for a new high. Although it hasn't stabilized, it seems that breaking through is just a matter of time. The current continuous rising structure has provided room for continuation, with sufficient momentum and pattern, and it won't reverse direction for a deep adjustment, at least not for now. Instead, it will continue to break new highs. As for where it can reach, we still maintain a strong stance without guessing the top, as there is infinite upward potential. In the short-term comparative trend structure, bulls are continuously probing the 80000 mark, and the pressure above is gradually weakening. The bulls will continue in the future, and for subsequent layouts, we will maintain a primarily bullish approach.
Bitcoin around 78800-78500 buy, target 80000 Ethereum around 3160-3150 buy, target 3280
In fact, the win or loss of an individual in the market is essentially a reward or punishment for the virtues and vices of others. Many people have never been resolute since entering this market, simply because they have never seriously thought about it. Cooperation is a contract based on trust; if you are always suspicious while holding on, it is like hating someone, you will feel disgusted whenever that person walks. The most fearful situation is to walk hand in hand with half-hearted trust, where every minute is a torment.
Let's first review last week's market situation. Last week, the market fluctuated significantly, reaching a peak close to 80,000 and a low around 68,000. If these fluctuations are not well managed, regrettable situations may arise. Last week, I guided students to make 18 trades with Bitcoin and 8 trades with Ethereum. Although we couldn't capture the entire range of market movements, the overall performance was relatively stable. I have mentioned that I seek stability and cannot guarantee that every trade will be profitable, as investing is a long-term endeavor that cannot be rushed. It's important to understand that any investment carries risks, and we must steadily gain profits while controlling risks.
This week, the price changes are unpredictable, with back-and-forth transitions between bullish and bearish trends. The overall volatility space provided should not be underestimated. Our strategies were communicated in advance, and there are profits to be made regardless of bullish or bearish trends. Each round of strategies provided has had good space for profit, and those interested can check out this week's strategy summary. Overall, this week was quite good, with Bitcoin capturing a total of over 11,437 points and Ethereum over 498 points. This week remains perfect.
The direction of Bitcoin remains unchanged as we mentioned, with a clear upward trend. By interpreting the trend chart, we can clearly understand that after determining the main direction, we further explore that the support level below the 4-hour line is at 75750. As long as this point is not broken and can stabilize, the market will continue to advance along the trajectory of the third wave. Therefore, today we will still adopt a pullback long strategy.
Sunday's operation suggestion: Bitcoin pullback around 76500 to go long, stop loss at 75800, target 78000-78500.
Ethereum pullback around 3050-3100 to go long, stop loss 40 points, target 3200-3250.