Crypto Circle Liying: 1.7 Bitcoin Shockingly Rises to Gain Ten Thousand Points! Ethereum Makes a Comeback and Achieves New Success!
Current Bitcoin Price 102000, on the first day of the year I reminded everyone that there was already a ten thousand point space for layout above ninety thousand. Some said Liying was greedy; I set a stop-loss profit point, but it just didn't hit. I continue to look for the previous high at 100000 to sell half, while the remaining base position has not exited. As long as the retracement does not break 100500, Liying will still not exit and will continue to look up.
Looking at the market, Bitcoin has a clear upward trend. The technical indicator MACD shows that the current market is in a strong upward phase. The Relative Strength Index (RSI) has entered the overbought range, but it is still necessary to monitor whether it will continue to operate in the overbought zone to confirm the trend. The trend indicators EMA for short-term, medium-term, and long-term moving averages show a bullish arrangement. Liying supports the current upward trend. For friends who have not yet entered, they can continue to long on the pullback support, while being temporarily cautious in shorting.
Reference:
Long Entry Point 100000, Defense 98500, Stop Loss 97500, Target 103000
Short Entry Point 103000, Defense 104500, Stop Loss 105500, Target 100000
Current Ethereum Price 3690, the significance of exchanging time for space has manifested. The persistence of bulls has meaning. The continuous strategy is to long at 3330 on pullbacks. Every time it pulls back to this position, I will keep the base position and not exit, simply because this position has not broken down, indicating strong support and a demand for rebound. At 3700, Liying chooses to take profit on half again. If it pulls back to 3600, I can continue to add long orders; if not, I will hold and continue to look for the previous high.
The current K-line shape clearly shows an upward trend, with lows gradually rising and highs continuously breaking through. The technical indicator MACD needs attention on whether the subsequent trend will further decline. The RSI is close to the overbought range, and there may be pullback pressure in the short term; otherwise, Liying would not have chosen to take profit at 3700. The trend indicator EMA shows a bullish arrangement, indicating a favorable medium to long-term trend, so there's no rush to liquidate to avoid missing the opportunity to enter. Friends who have not yet entered can wait for a pullback support before continuing to long and be cautious in shorting.
Reference:
Long Entry Point 3600, Defense 3550, Stop Loss Point 3500, Target 3800
Short Entry Point 3800, Defense 3850, Stop Loss Point 3900, Target 3600
