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@ChuYang_888
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Details on BTC in recent days
#加密市场狂欢 #BTC is about to experience significant changes; the upcoming two nodes will greatly affect the market's trend.
First, there is a high probability of a 25 basis point interest rate cut in the meeting on the 19th. Second, Christmas in the United States (the New Year), Christmas is also known as Christmas Eve or Christmas crisis.
As for whether it is good or bad, Chuyang believes that BTC has been consolidating at the 101000 mark for long enough; it cannot remain stagnant forever. It will choose a direction again soon. Weekend trading is not very active, but Bitcoin is slowly rising. Next week, we must be prepared for a defense against breaking new highs and retracements. Even if Bitcoin breaks new highs or not, retracements are inevitable.
First, there is a high probability of a 25 basis point interest rate cut in the meeting on the 19th. Second, Christmas in the United States (the New Year), Christmas is also known as Christmas Eve or Christmas crisis.
As for whether it is good or bad, Chuyang believes that BTC has been consolidating at the 101000 mark for long enough; it cannot remain stagnant forever. It will choose a direction again soon. Weekend trading is not very active, but Bitcoin is slowly rising. Next week, we must be prepared for a defense against breaking new highs and retracements. Even if Bitcoin breaks new highs or not, retracements are inevitable.
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#ETH 7-Day Analysis Part 2
The article published yesterday had a hidden position, but it was not executed. However, overall, it has already risen, and currently the trend is still unclear. The market generally continues to stretch today, #BTC has once again broken $100,000, so without further ado, listen to my analysis.
Suggestion: Short at 4010, stop loss at 4050, take profit at 3760.
Analysis:
01. Ethereum #ETH is currently influenced by the overall market, with everyone stretching, but this is just a fleeting moment. The maximum it might reach is around 4010, after which it will drop sharply.
02. Because #BTC is currently still above $100,000, it will not break through $110,000 in the short term, and will only hover around that area. If it hovers, then Ethereum will definitely drop as well, and it will be a sharp drop.
Suggestion: Short at 4010, stop loss at 4050, take profit at 3760.
Analysis:
01. Ethereum #ETH is currently influenced by the overall market, with everyone stretching, but this is just a fleeting moment. The maximum it might reach is around 4010, after which it will drop sharply.
02. Because #BTC is currently still above $100,000, it will not break through $110,000 in the short term, and will only hover around that area. If it hovers, then Ethereum will definitely drop as well, and it will be a sharp drop.
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What I mean by 3620 is the ambush order. It can be ambushed in advance because it will bottom out at 3620, and there's a high probability that it will be ambushed up tonight.
A Simple Analysis of ETH in the Last 7 Days
Recently, Ethereum's trend is very unclear. The highest point on the 6th of this month reached 4092. From the perspective of someone in the crypto circle, along with this month's chart, it is suggested to buy at 3620 for a long position with a take-profit point at 3850 and a stop-loss point at 3540 (this only represents personal opinion, see analysis below).
01. Ethereum has been slightly fluctuating in the last four hours, with the objective of eliminating some retail investors.
02. Through observation, the chart shows a zigzag trend, indicating that the current position is still not ideal. Everyone can look at previous charts for comparison.
03. The ambiguous relationship between Microsoft and Bitcoin. The overall market effect has caused Ethereum to be unstable at present, which means that in the next three days, the objective will be clear. However, through comparison, everyone can see that Bitcoin has briefly declined, and as the long-standing second place, Ethereum will definitely rise strongly recently.
01. Ethereum has been slightly fluctuating in the last four hours, with the objective of eliminating some retail investors.
02. Through observation, the chart shows a zigzag trend, indicating that the current position is still not ideal. Everyone can look at previous charts for comparison.
03. The ambiguous relationship between Microsoft and Bitcoin. The overall market effect has caused Ethereum to be unstable at present, which means that in the next three days, the objective will be clear. However, through comparison, everyone can see that Bitcoin has briefly declined, and as the long-standing second place, Ethereum will definitely rise strongly recently.
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Still the diligent morning sun
A Simple Analysis of ETH in the Last 7 Days
Recently, Ethereum's trend is very unclear. The highest point on the 6th of this month reached 4092. From the perspective of someone in the crypto circle, along with this month's chart, it is suggested to buy at 3620 for a long position with a take-profit point at 3850 and a stop-loss point at 3540 (this only represents personal opinion, see analysis below).
01. Ethereum has been slightly fluctuating in the last four hours, with the objective of eliminating some retail investors.
02. Through observation, the chart shows a zigzag trend, indicating that the current position is still not ideal. Everyone can look at previous charts for comparison.
03. The ambiguous relationship between Microsoft and Bitcoin. The overall market effect has caused Ethereum to be unstable at present, which means that in the next three days, the objective will be clear. However, through comparison, everyone can see that Bitcoin has briefly declined, and as the long-standing second place, Ethereum will definitely rise strongly recently.
01. Ethereum has been slightly fluctuating in the last four hours, with the objective of eliminating some retail investors.
02. Through observation, the chart shows a zigzag trend, indicating that the current position is still not ideal. Everyone can look at previous charts for comparison.
03. The ambiguous relationship between Microsoft and Bitcoin. The overall market effect has caused Ethereum to be unstable at present, which means that in the next three days, the objective will be clear. However, through comparison, everyone can see that Bitcoin has briefly declined, and as the long-standing second place, Ethereum will definitely rise strongly recently.
See original
A Simple Analysis of ETH in the Last 7 Days
Recently, Ethereum's trend is very unclear. The highest point on the 6th of this month reached 4092. From the perspective of someone in the crypto circle, along with this month's chart, it is suggested to buy at 3620 for a long position with a take-profit point at 3850 and a stop-loss point at 3540 (this only represents personal opinion, see analysis below).
01. Ethereum has been slightly fluctuating in the last four hours, with the objective of eliminating some retail investors.
02. Through observation, the chart shows a zigzag trend, indicating that the current position is still not ideal. Everyone can look at previous charts for comparison.
03. The ambiguous relationship between Microsoft and Bitcoin. The overall market effect has caused Ethereum to be unstable at present, which means that in the next three days, the objective will be clear. However, through comparison, everyone can see that Bitcoin has briefly declined, and as the long-standing second place, Ethereum will definitely rise strongly recently.
01. Ethereum has been slightly fluctuating in the last four hours, with the objective of eliminating some retail investors.
02. Through observation, the chart shows a zigzag trend, indicating that the current position is still not ideal. Everyone can look at previous charts for comparison.
03. The ambiguous relationship between Microsoft and Bitcoin. The overall market effect has caused Ethereum to be unstable at present, which means that in the next three days, the objective will be clear. However, through comparison, everyone can see that Bitcoin has briefly declined, and as the long-standing second place, Ethereum will definitely rise strongly recently.