Trader Liangqiu: 12.6 Bitcoin/Ethereum Early Morning Trading Strategy with Market Analysis
Bitcoin/Ethereum Afternoon Layout's Retracement Long Position Strategy, the market is once again rising as expected, and currently, the market is experiencing high-level sideways fluctuations, with an overall bullish trend still in place. After a rise, the retracement is relatively small; if this trend continues without significant decline and remains high, the market will form a continuation pattern during the rise to continue increasing, especially Ethereum will continue to form a supplementary rise. The altcoins that were repeatedly mentioned a few days ago have also taken off as expected, and many friends who followed, whether in contracts or spot trading, are making a lot of money. Moving forward, Bitcoin will be monitored for support at the bottom of the box around the 100,000 mark.
The recent Bitcoin candlestick patterns show a clear upward trend, especially in the early session when it quickly rose from 98,000 to above 104,000. Daily candles have formed consecutive bullish lines, indicating strong bullish forces in the market. In terms of technical indicators, the MACD in the 4-hour cycle shows both DIF and DEA above the zero axis, and the MACD histogram continues to expand, indicating a strong bullish signal. The daily trading volume is also showing a gradual increase, supporting further price increases. However, the rapid short-term rise has some retracement space, and after the retracement is complete, one can gradually enter long positions above support.
In the early morning operations, enter long positions for Bitcoin around 101,000 to 101,500, with a target near 103,500; for Ethereum, enter long positions around 3,850 to 3,880, with a target near 3,960. In fact, it was already suggested in the evening video to enter long positions in batches near this level. Currently, the market is mainly in waves, and this post has practical effectiveness, with specific real-time guidance as the main focus. #BTC新高10W