Crypto Circle Yuelin 1.9 Thursday, Bitcoin, Ethereum Morning Strategy!
Good morning, crypto friends! I am your lucky goddess Yuelin. Once again, it's early morning and time for action! As expected, we first made a downward move. After updating the strategy at midnight, we initially went short before experiencing a rebound. After the price dipped to around 92500, it bounced back, which is quite in line with expectations, and it is currently trading near 95000.
In terms of current patterns, although the short-term trend is weak, we still maintain the viewpoint from midnight yesterday that a one-sided movement is unlikely. Instead, we are likely to continue with a wide range of fluctuations. With Trump about to take office, this positive factor will undoubtedly drive the price higher. Therefore, as I mentioned earlier, the major players will wash the positions back and forth, making it so that no one dares to enter the market, which will facilitate better price increases. As always, the strategy is to buy on dips for the long term and take profits on short-term trades. This morning, there isn’t much analysis to be done. The daily chart shows a slow rise followed by a quick drop and consecutive bearish candles, indicating that there is still strong buying support below. Even if there is some inertia in movement, the strength is limited.
Thus, for short-term operations, first refer to yesterday's high point at 96000. If a rebound action occurs, consider going short at the high point again. After the downward movement, stop and directly switch to a long position. Pay attention to the previous low point of 91500 below. #加密市场回调 $BTC