Daily market analysis——$BTC

The reference period is 4H. It was green before going to bed, and the long position was gone when I woke up😇

Because the lower shadow line reached the lower boundary of the box first, we will see if there will be a real column reaching here for a rebound. The rebound target can only be seen at the upper boundary of the box: 61600 area, and the middle track of the box must be considered in the middle: 59600 area.

Daily market analysis - $ETH

The reference period is 4H. I currently understand the current market as a box in a large-cycle downward trend. So now I will look at the lower boundary of the box: 2305 area. If it can't hold here, it will be another big downward trend like the one on the left.

This is a little trick for reading the market, which I have mentioned many times before."

If you don't understand the details, it's better to jump out and zoom in.

It's like you can't see the whole picture at the foot of the mountain, but you can see the whole picture when you climb to the top of the mountain.

For example, $one has risen by about 27% from the time I mentioned it 5 days ago to the highest point, which is almost the position of TP3 after breaking through the box structure.

If we don't use the box theory, just from the support and resistance, on the market, it has reached a support and resistance conversion area that started the downward trend before and then was blocked from falling.

Daily market analysis - $ETH

The reference period is 4H. Maintain yesterday's idea. Currently in the retracement stage, wait for the price to reach the untested support area below to confirm the rebound before entering the market.

Tips (two ways to enter the market after breaking through the box structure):

1. Break through and chase

2. Wait for the retracement and rebound after the breakthrough

Daily market analysis - $BTC

The reference period is 4H. The day before yesterday, I thought that because the price only showed the upper shadow line, there should be a real column to continue to reach TP1. As a result, it reached it again yesterday, but at the close, it was still the upper shadow line, indicating that there is a resistance effect in TP1.

From the market point of view, the short-term structure should be testing the support, which is the thinner gray area in my picture. For a better entry opportunity for long orders, in fact, I still think it is better to place it on the untested support below and execute it with the expectation of a rebound.

Tips (two ways to enter the market after breaking through the box structure):

1. Breakthrough chasing
2. Wait for the rebound after the breakthrough

At present, some copycat stocks are actually like $ONE, which belongs to the structure of breaking through the box oscillation upward.

Other stocks with the same structure include $KSM, $JOE, $AVAX, etc.

Sometimes you see some coins rising rapidly, by dozens of percent, but when you zoom in and see that they look like this, your value investment is all in vain.

Where are the new opportunities for the market?

The reference period is 4H. Yesterday at 608XX, I wrote an article suggesting that you start reducing your positions to stop profit, leaving some to bet on a box breakthrough.

If you only have a part of the long orders left, just hold on to it and run with it in this oscillation range.

If you are looking for new opportunities to enter the market, from the current market, the price has returned to the middle of the box. I personally think there is no new opportunity to enter the market. You can only wait for the price to step back to the lower boundary of the box, start to rebound and then enter the market, and continue to expect a new round of box oscillation.

#内容挖矿 #BTC☀

$BOME ：

From the daily K-line, the current price is still testing the falling structure destruction zone and has not broken through successfully. If you have not entered the market at the bottom, it is better to wait for confirmation of the breakthrough before entering the market.

$WIF ：

From the daily K-line, the rebound after the breakthrough is currently in progress. It is necessary to wait for the closing confirmation at 8 o'clock tomorrow morning. The stop loss can be placed below the weak support. If it falls below, look to the rising structure destruction zone.

Daily market analysis - $ETH

The reference period is 4H. The fact is that the price was blocked in the weak resistance area and fell, triggering the conditions for reducing positions and taking profits that I mentioned yesterday.

At present, the long-short boundary of the short-term rising structure should be in the blue area in the figure, that is, the falling TP. In addition, the indicator has not reached the bottom yet. If you want to enter the long position, I personally recommend waiting patiently.

Daily market analysis——$BTC

The reference period is daily K. I don’t know what to say. Yesterday I also said that if the decline is blocked, I will reduce my position. Now let’s see if the price can rebound again in the rising structure destruction zone. That is an opportunity to re-enter the market with short-term long orders.

Of course, if it falls below, don’t enter the long position in the short term.

Daily market analysis - $ETH

The reference period is 4H. Yesterday, I said that when the price reaches TP2: 3060 area, it should stop falling, and the lowest price reached 3084.

At present, the price of ETH has fallen below the boundary of the rising structure: 3365 area. For rebound, you can set a profit reduction here. If it breaks through, look at the boundary of the falling structure: 3522 area.

Daily market analysis - $BTC

The reference period is 4H. Yesterday, let's focus on the boundary of the rising structure: 63196 area, the lowest reached 63437, that is, it touched the boundary of the rising structure below.

At present, there is a boundary of the falling structure: 67067 area, which is the rising target. Combined with the Stoch RSI, it has entered the overbought stage here, and you can start to reduce your position and stop profit.

I have already said the entry position in advance, and it is currently running as expected. It is up to you to reduce your short-term long positions to stop profit or hold them for a long time.

Daily market analysis——$BTC

The reference period is 4H. On the market, the moving averages are generally arranged upward. For long positions, just pay attention to the two supports below. One is a weak support: 65623 area, and the other is the long-short dividing line: 63196 area.

There are two potential opportunities to enter the market for long positions. You need to wait for the price to rebound above the support before entering the market. The stop loss can be set below each support.

Daily market analysis - $ETH

The reference period is 4H. At present, the market is in a rising box, support: 3365 area, resistance: 3522 area.

The appropriate long opportunity is still here at the lower boundary of the box, and an expectation of rebound at the lower boundary of the rising box is made.

Currency Analysis——$ARKM

The reference period is 4H. The destruction zone of the falling structure should be in the 1.72 area. If you want to enter the long position now, you can wait for the price to rebound in the 1.458 area before entering the market. The stop loss can be set below the support, and the target is set close to the destruction zone of the falling structure: 1.72 area.

Currency Analysis——$PIXEL

The reference period is 2H. Last night's spike reached the lower boundary of the box below, and then rushed up to the upper boundary of the box, completing the expectation of "box lower boundary rebound" mentioned in the previous tweet, with an increase of 11%.

The current approach is still the same. Before the price falls below the lower boundary of the box, the rising box can also be expected to "box lower boundary rebound", and the stop loss is set below the support.

Daily market analysis - $BTC

The reference period is 2H. After the price hit the support last night, it rebounded and reached the TP1:68508 area before being blocked and falling.

At present, it depends on whether the price can reach the lower support again in the form of a solid column and then confirm the rebound. Short-term long orders can be entered again, and the stop loss can be set below the support.

Daily market analysis - $ETH

The reference period is 2H. Some say it has reached the top, but I can't tell. For me, the current trend is an upward trend, and I think the long and short boundary is in the 3377 area.

In other words, before the price effectively falls below this area, long orders can be held patiently. If the subsequent price pulls back to this position and the closing confirmation of the rebound occurs, you can enter the market, and the stop loss can be set below the long and short boundary.