At present, the MA30 moving average at the four-hour level has stabilized initially, and the bulls have been continued in the short term. There is still a certain space above.
So here we can find opportunities to enter the market for short-term long orders. The current prices of Bitcoin and Ethereum are under certain pressure at the daily MA7 moving average. We can wait for the opportunity to retrace. Below, we still pay attention to the MA30 support for entry. If the support is not broken, short-term long orders can be directly entered.
Here, we should also pay attention to the suppression near the previous high. If the price is blocked again here at night, then long orders can directly stop profit and exit the market. If it breaks through, we can continue to look up.
The entry point of Bitcoin long orders can refer to around 3040-3000, and the upper pressure is 3100-3200. The defense is recommended to be 40 points!
The entry point of Bitcoin long orders can refer to around 56900-56300, and the upper pressure is 58500-59100. The defense is recommended to be 500 points!
To enter a long position, you must confirm that the four-hour MA30 moving average has stabilized before entering. There is no need to rush into the market, just wait patiently!