25.1.5-6:11PM
Review of Yesterday's Strategy: The major cryptocurrency did not get picked up. Ethereum has been continuously profitable and currently stands at 80 points. The major cryptocurrency is declining harder than Ethereum, but the resistance to rising is also significant. Ethereum keeps breaking through while the major cryptocurrency remains indifferent, like a turtle. Is the market sentiment not enough to give the major cryptocurrency some respect? From the perspective of BTC's market capitalization share, it is currently continuing to decline, proving that market funds are flowing into altcoins. Therefore, the major cryptocurrency's rise is naturally weak. Without funding support, any rise is false. However, how could the major cryptocurrency show weakness like this? Please see today's market analysis!
BTC 4-hour Intraday Real-time Market Analysis Strategy Layout
Currently, the major cryptocurrency has not been able to break through the high point of the rising N shape. The signal has not clearly indicated whether a real upward trend above 100,000 has begun. Personally, I believe that the market's sentiment, funds, and technical aspects have all reached this demand point. Expectations need to be fulfilled; we cannot overly expect to consume the market's enthusiasm. From a technical standpoint, the major cryptocurrency has formed a head-and-shoulders pattern. Even if it breaks through, it may be a false breakout. However, I personally believe that from the perspective of volume and SKDJ, it will not be a false breakout. The demand for rising is greater than the demand for falling. The downward space is also very limited with too much support below, and it has gone through a period of fluctuation; it is not a one-time breakthrough. Therefore, I personally prefer to gamble on the profits of long positions above at this level. Looking at Fibonacci, the support level for correction is set at 97581, serving as the initial entry point. We also need to wait for other dimensional signals to emerge.
ETH 4-hour Intraday Real-time Market Analysis Strategy Layout
Ethereum's upward momentum is stronger because it has a solid foundation, which allows this round of rise to perform so well. The N shape is continuously breaking through, and the pullback will only push it higher. With such a strong pattern and the major cryptocurrency's declining share, the outflowing funds are dispersing in the market, making it unnecessary to overanalyze the technical aspects. Simple things do not need to be overly complicated; perhaps complexity seems very professional (but it doesn't help). What is needed is simplicity and clarity, not complexity equating to higher-end. Forcibly adding various technical indicators will only disrupt one's trading system. The Fibonacci support below at 3615 serves as the initial entry point, followed by 3580. Stick to the principle of buying on dips; do not chase highs or short!
Intraday Strategy
Direction: Up
BTC
B: 97581
T: 99235-104013
S: 96282
ETH
B: 3615-3580
T: 3746
S: 3550
