January 6th Afternoon Thoughts
In a complex market situation, students must remain vigilant and calm. On one hand, follow short-term trading principles, set stop-loss and take-profit points, to avoid being blinded by emotions leading to blind chasing of rising prices and panic selling; on the other hand, pay attention to market dynamic news, such as policies, changes in institutional positions, etc., to provide references for trading decisions. Analyzing technical indicators should not only focus on surface values. For instance, when MACD is continuously negative, pay attention to the contraction of the histogram, and when RSI hovers around 40, it can be combined with trading volume to assess market activity and the comparison of buying and selling strength. Moreover, technical indicators may contradict across different time frames, and investors should adopt a multi-period analysis method to comprehensively judge short fluctuations and long-term trends, accurately grasping trading opportunities, steadily profiting in volatile markets, reducing losses, accumulating gains, and enhancing survival and competitiveness in the cryptocurrency market.
Bitcoin: 98800-99500 Long Target 10100-10800
Ethereum: 3630-3670 Long Target 3710-3750
