Trader Liang Qiu: 11.6 Bitcoin/Ethereum Trading Strategy with Market Analysis

The long position in Bitcoin set up in the morning session has again hit the stop loss and exited, as clearly mentioned in the article at 2540 and 72000. Due to the market being overly heated, the main focus is on real-time guidance. Since the morning surge, the overall long and short positions have been tense, and it should have been possible to capture several swings during the wave operation, given that the market is oscillating back and forth at a high level and the overall volatility is decent. Currently, with the conclusion of the U.S. presidential election, the expected market trends have basically been fully realized, and future movements will no longer be influenced by news.

As mentioned earlier, once the news settles, it will be a chaotic situation, regardless of who is elected. In reality, market expectations have already emerged, and the probability of continued movement is significantly reduced. Currently, Bitcoin has broken through to a new high; further technical analysis in the short term is no longer useful. However, after the news settles, the market has also experienced multiple surges followed by oscillations and declines. In the absence of other news stimuli, Bitcoin should focus on the support level around 71500 for the upward point, while the high points continue to decline for operation.

In terms of operation, enter short positions for Bitcoin around 73600 to 74000, targeting around 72300; for Ethereum, enter short positions around 2610 to 2630, targeting around 2550. The publication is effective, with specific focus on real-time guidance for wave operations. #BTC创历史新高 #美国大选后涨或跌？