📈 Macroeconomic and ETH Market Analysis 🧠💥
1️⃣ Macroeconomic Overview:
Yesterday's PMI data was mixed, but the Nasdaq rose strongly, boosting the crypto market! 📊 US retail sales data will be released tonight, expected to be bearish, so we need to pay attention to the actual data's impact! 💸 The ChatGPT update brings potential opportunities in the AI sector, worth noting! 🤖 MicroStrategy may be included in the S&P 500 by June 2025, which is expected to attract more capital inflow, benefiting the market! 🚀 The Fear and Greed Index has soared to 79, with market sentiment running high, but risk awareness should not be ignored! ⚠️
2️⃣ ETH Technical Analysis:
The ETH daily chart shows a long upper shadow at the previous high, indicating a need to be cautious of short-term peak retracement risks. 📉 However, during the bullish rebound, it is still possible to consider low long positions in the short term! 🔑 Short-term strategy: Refer to the EMA moving average and KD oversold resonance buy points! 📈
Trading Strategy:
Long entry point: 3950-3900 range, average price 3925, stop loss 3840, targets: 4025—4125—4200 (short-term + contracts).
#ETH🔥🔥🔥🔥 #技术分析参考 #宏观数据 #比特币冲向11万？ #交易策略

Three Major Taboo Practices in Contract Trading! Must Pay Attention!

Careful family members have noticed that Jinbao only provided one contract order today. Some family members wanted to open a position, but it’s not that Jinbao is indecisive; rather, it’s what Jinbao said before — trading must have its own core logic. When there is no suitable entry timing and point, all we can do is wait. Just like a hunter, patiently waiting is sometimes the best choice. Although there was only one order today, it is currently in profit.

Jinbao would like to share a few taboos in contract trading, hoping to help everyone!

First, no impulsive trading!
Many family members' biggest problem is actually being too eager to trade. They feel they must always have an order open, but when they do, they panic and can’t hold on. Once the trend moves slightly in the opposite direction, they become flustered and don’t know what to do, always wanting to operate continuously, resulting in greater losses and more chaos!

Second, entering blindly, being indecisive!

When there are real orders, they become afraid, fearing being trapped if they go long and fearing a pullback if they go short, leading to indecision! Some family members only look at the code when they see an order, without any consideration, and directly enter! They don’t even finish reading the post strategy! Some even enter without distinguishing between contracts and spot trading!

Third, full margin trading! Going all in!
When encountering a token that they are optimistic about, particularly when the market atmosphere is good, they go all in immediately! They always want to make a big profit in one go! Once the trend changes after entering, and they need to add margin, there is simply no opportunity to operate! Furthermore, they are unwilling to take timely action, and the consequences of getting off the bus late can be imagined!

The above taboos are some very basic trading taboos and are also the ones that many newcomers are most likely to commit. Let’s encourage each other!

Daily Report NO.055｜May 10
1. $BTC etf. On May 9, #etf had a net outflow of 11.29 million US dollars.
2. Sentiment index, FGI, 66, market sentiment is rising.
3. BTC has 44 large transfers on the chain, which is extremely bearish; $ETH has 130 large transfers on the chain, which is extremely bearish.
4. The total TVL on the chain is 92.53B, up 1.99% in 24 hours
5. Current BTC market: 6H: Shorts weakened; 4H, longs are normal. 1H, shorts weakened.
Intraday direction: bullish
Intraday pressure level: 63554, 64028
Intraday support level: 62425, 62636
#大盘走势 #3friends #交易策略 #日内交易

Daily Report NO.062｜May 19
1. $BTC etf. This week (2024.5.13~2024.5.17) BTC etf, total net inflow, inflow amount of 948 million US dollars, total net inflow of 14878 BTC
2. Sentiment index, FGI, 72
3. BTC chain has 80 large transfers, extremely bearish; $ETH chain has 263 large transfers, extremely bearish.
4. The total TVL on the chain is 95.19B, up 0.65% in 24 hours
5. At present, BTC market: 1D, shorts continue to weaken, and there is a buying point on the daily line. The buying range is 66525-63800. Yesterday, the intraday 1H bulls weakened, and the callback strength was very weak. The lowest callback was to the upper edge of the callback range of 66600, and the shorts were very weak. The current market high range (65900-66800) is oscillating, and the 4H will soon start the long start signal.
Intraday direction: long
Intraday pressure level: 67300, 68500
Intraday support level: 66596, 65850
#大盘走势 #交易策略 #3friends