--Preface--
Only steady operations can bring stable returns. Every time you make a move, there will always be gains, be it experience, wealth, self-training, or the occurrence of a miracle.
Before starting the operation, we always have to review the previous market trends. The past market trends can give us a good reference value. Through the previous market trends, we can analyze and judge the subsequent market trends. Since yesterday's CPI data came out, the market has not changed much, and the fluctuations are relatively stable. This morning, it tested the 26500 pressure again, and Ethereum tested the 1630 pressure, but no effective breakthrough was formed. In the end, it hit the top and fell back. Judging from the current trend, the current market is still in a volatile upward trend, and the support position is constantly rising. In a short time, it will continue to rise to test the upper pressure again.
From the weekly level, the entire bearish trend has not changed. Whether the big trend can be reversed still needs to pay attention to the big-level pressure. Bitcoin focuses on 28,000 and Ethereum 1,800. There is no ready-made effective breakthrough at these two positions, and it is difficult for a large-scale reversal to occur. The current bottom support for Bitcoin is 25,000 and Ethereum is 1,530. The daily top is 27,000 and Ethereum 1,700 will move downward again when it reaches this line. Today's operation recommendation is mainly low-long.
Ethereum needs to wait for the hourly line to reach the top and fall back to provide a better entry position before starting. The more suitable position is around 1590-1610, and the target continues to look at 1680-1700.
For the big cake, you also need to wait for the hourly line to reach the top of 26500 and then fall back before entering the market. The more suitable position is 25800-26000, and the first line is 26800-27000.
I have been deeply involved in the investment market for 7 years. During these 7 years, I have focused on the analysis, research and judgment of the investment markets such as gold, foreign exchange, futures, spot, and contracts. In the past 7 years, I have accumulated rich practical experience. After years of research and analysis of major investment markets and various types of transactions, I finally established my own unique trading system. The winning rate of the trading system has been stable at 85% so far. Only by adhering to stable operations can there be stable returns. Investment philosophy, good at short-term, medium-term and long-term layout. With a professional guidance team, we share accurate strategy sharing every day. For more market analysis, if you choose long-term copy trading guidance, you can follow the WeChat public account: Gu Yue KOL#BTC #ETH
