Crypto Circle Liying: 1.5 Bitcoin hits 99,000! How does Ethereum's bullish layout consolidate profits!
Bitcoin current price 97,800, exactly the same as the point before yesterday's publication, after going round and round, the weekend has been consolidating at a high position. Liying still understands the principle that a long-term pressure level will eventually break. The highest hit 99,000 and then fell back, indicating strong pressure above. However, the main force's pullback support is stronger. Overall, the trend is still mainly bullish, and Liying continues to hold the bullish position at 92,000, setting a stop-loss point at 96,000 for pullbacks. As long as it does not break 96,000, Liying will continue to insist on the bullish strategy.
Currently, the K-line pattern in the market fluctuates between 97,000 and 99,000, forming a consolidation pattern. A rapid rise occurred earlier, but it then entered a high-level consolidation. The technical indicator MACD histogram shows that bullish strength is weakening, indicating signs of a pullback. The relative strength index RSI has not entered the overbought zone but has pullback risks. The trend indicator EMA shows bullish arrangement in the short and medium term, while the long-term trend is still upward. Pay attention to the support role of EMA7; Liying will be cautious of possible pullback pressure, but the focus remains on the bullish strategy.
Reference:
Long at 96,500, stop-loss at 95,500, target at 98,500
Short at 98,500, stop-loss at 99,500, target at 96,500
Ethereum current price 3,630, keep up the effort, create new highs. The trend of Ethereum's supplementary rise continues, breaking 3,600 to hit 3,700. Liying will not choose to take profit at the highest point, nor will she guess the peak. The bulls have already opened; my suggestion is to continue to be bullish, while also preparing for a pullback exit, taking a steady approach.
First, the K-line pattern in the market shows an upward trend, with multiple consecutive bullish candles. After forming support around 3,350, it quickly rebounded to above 3,600. The technical indicator MACD histogram is positive, indicating that we are currently in a strong upward phase. The relative strength index RSI has not yet entered an extreme overbought state, indicating there is still upward space. The trend indicator EMA is higher in the short term than in the medium term, and both are above the long-term, showing a clear bullish arrangement. Liying supports continuing to be bullish.
Reference:
Long at 3,550, stop-loss at 3,500, target at 3,750
Short at 3,700, stop-loss at 3,750, target at 3,550