Good evening, everyone. I am Gu Yue. Yesterday's market was really unexpected. The trend was quite strange. Bitcoin broke through the $70,000 mark, and Ethereum broke through $2,600. In terms of the current situation, Bitcoin's trend completely exceeded that of Ethereum. In the past, Bitcoin was at $70,000 and Ethereum was at least $3,000. Now Bitcoin has reached $70,000, and Ethereum is less than $2,800. Ethereum's lag is quite serious, and it is not ruled out that it will make up for the rise later.
As far as Bitcoin is concerned, the four-hour line has shown five consecutive positives, and the daily line has shown four consecutive positives. The bullish trend is very strong. The daily line level has now reached the upper pressure position of the daily Bollinger band. There is not enough space above it. It has been oscillating and consolidating for 8 consecutive hours to repair the market. There is still space above the hourly Bollinger band. The upper 72,000 is under pressure. It is very likely to rush up in the evening, and then go back.
The trend of Ethereum is not as strong as that of Bitcoin, but the general trend is synchronized. There is still about 50 points of space above the hourly pressure of 2680, but now Bitcoin and Ethereum are at a high position, so I dare not easily ask everyone to chase more to prevent being trapped at high positions. It is better to short at highs. First, a small position is arranged, and then the position is covered after the rise. This is more stable. If you are trapped in a short position, don’t worry. I will help you get out. You can follow my official account: Gu Yue KOL
Bitcoin 71500-71800 range empty target 70000 profit can be exited by yourself
Ethereum 2630-2650 range empty target 2550-2520 profit can be exited by yourself
There are many types of investment. It is important to choose the right one for yourself. There are many roads, and it is important to choose the right leader. I am Gu Yue, who interprets the world economic news, analyzes the global investment trends, and analyzes the daily market trends to provide you with the latest trading strategy ideas and professional investment consulting services to help you reach the peak of financial management.
This article only represents personal opinions and is for reference only. It is not used as a basis for actual operations. The market is volatile and profits and losses are at your own risk. If you need to know the latest trading strategies, please follow the official account: Guyue KOL#BTC☀ #ETH🔥🔥🔥🔥