Trading philosophy: Look at the trend in large cycles, and find points in small cycles;

Market review: After the market started a new round of rise in the past few days, Bitcoin probed the 38500 line, and Ethereum probed the previous high of 2140. Although there was a brief washout, the market still rebounded and maintained a high sideways recovery. Combined with Technical analysis predicts that there will be a sharp correction in the market, so the current price short order is placed aggressively, and the key position of Bitcoin cannot be grasped. Ethereum is basically in line with expectations, and the space to gain is relatively considerable;

Technical analysis: Bitcoin, at the daily level, the market closed with Xiaoyin K above 37000, the MACD moving average and KDJ line are running smoothly, the long volume can gradually shrink, at the 4-hour level, the Bollinger Bands are running flat, and the MACD moving average is running downward , the short position can gradually increase the volume, and the KDJ line deviates and runs upward;

In terms of Ethereum, the daily level has closed two consecutive negative Ks. The MACD moving average has gradually started to run smoothly from upwards. The long volume can shrink, and the KDJ line runs downward. At the 4-hour level, the Bollinger Bands continue to close, and MACD The moving average runs downward, short positions can gradually increase, and the KDJ line runs smoothly;

To sum up, the market is still in the stage of recovery after breaking through new highs and then falling back and oscillating. There should be no new breakthroughs in the short term, so you can take the opportunity to short the highs and eat the pullbacks;

Operation suggestions:

Bitcoin is short in the 37300-37600 area, targeting 36800-36500, and defending 37800!

Ethereum is short in the 2060-2080 area, targeting 2020-2000, and defending 2100!

After reaching the target position, you can continue to place long orders and look back at the entry position of short orders!

The strategy is time-sensitive, and the specifics are subject to private real-time guidance! #etf #Poloniex #ETH #BTC #Celsius