Yiming's Trading Diary
All contents in this article are personal opinions and are for learning and communication purposes only. They are not used as a basis for investment. If you act based on them, you will bear the risks at your own risk.
Last night, BTC hit a new low again. This time, the meaning of the new low is a little different. It fell below the previous golden section 38.2% position and stepped back to the 55812 position close to the golden section 50%. However, the daily line is still bearish here. The 61.8% below should be the limit position of this retracement of the big cake, 54178, because it is very close to the lifeline 53925 below the daily line, forming a resonance. Those who want to ambush spot can seize this opportunity.
About Auntie
Yesterday's correction was smaller than that of Bitcoin, still at 38.2%. This is related to the exchange rate. As mentioned in the previous program, the exchange rate is currently at a turning point on the monthly line and it is easy to turn upward. At this time, it is easy to reverse the idea that the concubine is weaker than Bitcoin.
Key resistance levels for intraday fluctuations
BTC: 58665~58845 above, 53925~54178 below
ETH: 2612~2621 above, 2370~2450 below
Those who are doing intraday short-term trading can refer to the above range.
Account Custody
Spot: 10000U
Contract: Starting from 3000U
Message: Your own umbrella is better than anyone else’s roof.