Trading philosophy: look at the trend in the big cycle and find the position in the small cycle;

Technical analysis: For Bitcoin, at the 4-hour line level, the Bollinger Bands began to run flat, the MACD moving average ran upward, the long volume was slightly increased again, and the KDJ line ran upward smoothly. For Ethereum, the technical indicators at the 4-hour line level were basically synchronized with Bitcoin;

In summary, after the current market has gone out of the expected second bottoming pattern, it has successfully tested the support again and started to rebound. It is generally in a stage of wide-range consolidation. As mentioned in the previous article, the current closing line looks at the support below Bitcoin 53500-54000, Ethereum 28 The 00-2850 line has not been broken, and the Bitcoin support has begun to move up to the 55,000 line. It was also mentioned during a downward exploration. The current market has reached an important support position. It is necessary to be cautious in chasing shorts. Before the support is broken, it is recommended to be stable or rely on the support to ambush long orders. If it is broken, then chase shorts. The morning layout is almost the current price long order. Bitcoin 54500-55000 line long, target 55500-56500, Bitcoin 54500-55000 line long, target 55500-56500, all exceeded expectations, and long orders have won again!

Reference:

Bitcoin 55000-55500 line long, target 56500-57500, defense 54500;

Ethereum 2920-2950 line long, target 3020-3080, defense 2880;

Strategy is time-sensitive, specific private real-time guidance shall prevail!

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