Crypto Circle Liying: 1.7 Bitcoin Shockingly Rises to Claim Ten Thousand Points! Ethereum Makes a Comeback to Achieve New Heights!
Current Bitcoin Price 102000, on the first day of the year I reminded everyone that there was a space of ten thousand points above ninety thousand, some said Liying was greedy, I set a retracement take-profit point, but it just didn't hit; I continue to look at the previous high to sell half at 100000, the remaining base position has not exited; as long as it does not break 100500 on the retracement, Liying will still not exit, continuing to look up.
Looking at the market, the trend of Bitcoin is clearly upward, the technical indicator MACD shows that the current market is in a strong upward phase, the Relative Strength Index (RSI) has entered the overbought zone, but we still need to pay attention to whether it will continue to operate in the overbought zone to confirm the trend; the trend indicator EMA shows bullish alignment for short-term, medium-term, and long-term moving averages, Liying supports the current upward trend. For those who haven't entered, they can continue to buy on the support retest, temporarily cautious about shorting.
Reference:
Long Entry Point 100000, Stop Loss 98500, Stop Loss Point 97500, Target 103000
Short Entry Point 103000, Stop Loss 104500, Stop Loss Point 105500, Target 100000
Current Ethereum Price 3690, the meaning of trading time for space has manifested, the persistence of bulls has been meaningful, the continuous strategy is to buy on the retracement at 3330; every time it retraces to this position, it keeps the base position without exiting, simply because this position has not been broken, indicating strong support and a need for rebound. At 3700, Liying chooses to take profit again on half, if it retraces to 3600, it can continue to add long positions; if not, just hold and continue to watch the previous high.
The current K-line shape on the order book shows a clear upward trend, with low points gradually rising and high points continually breaking through. The technical indicator MACD needs to pay attention to whether there will be further declines in the subsequent trend; the RSI is close to the overbought zone, and there may be pullback pressure in the short term; otherwise, Liying wouldn’t choose to take profit at 3700 on half. The trend indicator EMA shows a bullish alignment, indicating a positive medium to long-term trend, so there is no rush to liquidate to avoid missing the opportunity to enter. For those who haven't entered, they can wait for a support retest to continue buying, cautiously shorting.
Reference:
Long Entry Point 3600, Stop Loss 3550, Stop Loss Point 3500, Target 3800
Short Entry Point 3800, Stop Loss 3850, Stop Loss Point 3900, Target 3600
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