Morning Review: Bitcoin has been unable to break above 100,000, failing to attack with huge bullish leverage, prevent cleaning leverage! In yesterday's morning review, the shepherd indicated a bullish outlook for Bitcoin. In the past week, the trend has basically been a decline in the Asian market and a rise in the American market. In yesterday's morning review, my viewpoint on Bitcoin's bullish outlook did not change! When I published yesterday, Bitcoin was at the 95,000 line, and in last night's market trend analysis, the shepherd indicated the subsequent trend for ETH and gave a precise position to long at the 3,570 line! I believe this wave has brought friends a lot of profits! Today's Bitcoin: After the big coin attacked the 98,000 line, it retreated. Currently, Bitcoin has experienced a downward break on the 1H level. In the 1H chart of the big coin, we can see that the price constantly rose during yesterday's late session, but MACD and RSI continued to decline, forming a small cycle level top divergence! We need to closely monitor this! That is, whether the big coin will break below the MA200 moving average support during the day! It is currently at this position, so we need to observe more during the day!
During the day, we need to observe whether the big coin will break below the 95,870 line! ETH: In last night's video analysis, the shepherd explained in detail the current situation of ETH. ETH is still in a densely pressed area above, and at the time of publication, it just broke through this resistance! So the decision we made in last night's video analysis to long at 3,570 can continue to hold! ETH still has opportunities during the day. In the past week, the strategies given by the shepherd have been almost all ETH because it is more regular. Currently, the big coin is prone to both upward and downward spikes, so when the risk is too high, we chose a stable way to achieve good results!
On the counterfeit side: We entered ONDO around 0.7, and it has now reached 1.22. ONDO is the only RWA target. Since we are in a bull market right now, everyone should observe more!
Note: Old Lin's daily content is just a general directional guidance; specific situations require real-time decisions based on market changes! If you still cannot grasp the market, please carefully read my collection (How to Become a Leek). I will continue to create and provide high-quality content in the crypto space!
