$BTC $ETH
Does it mean a bullish trend?
I rushed in, did you guys follow me?
I didn’t think about the pattern of this market, I flew away!
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$BTC $ETH
Midday Analysis:
The biggest resistance in the market comes from insufficient liquidity!
It's neither peaceful nor a storm; basically, we've walked into the predictions of most people. If you didn't foresee it, then join our group to discuss and exchange ideas! The content in the comments section is still very exciting!
Looking back at the market before and after Christmas: A transaction of ten thousand dollars on the same day quickly rebounded to 99, followed by two transactions of seven thousand dollars in a deep V-shaped fluctuation. It really made the strategists feel uncomfortable, like swallowing a fly. The price range fluctuation of BTC is still greater than that of ETH; Ethereum's drop of 25 points is still quite painful. The shorts given at 99 and 3545 in the last two days could basically achieve stop profit, while yesterday's longs at 965 and 3435 definitely hit stop loss! Wins and losses are balanced! It’s a market that even a dog would shake its head at!
This morning's opening at 7 AM and closing at 8 AM showed a low opening with signs of a rise, but obviously, the intraday market is still very weak!
There are several bases for the upcoming market judgment:
1. The inflow or outflow of ETF is a relatively clear signal; although these data are not absolute, they have been influencing market sentiment.
2. The K-line patterns of time, space, volume, and price provide several references:
Bearish signals:
①: The weekly death cross does not show reversal signs.
②: The MACD of the 3-day line has just produced the second red bar; there should be 1-2 more.
③: The 2-day line
The big levels from the daily to the weekly still do not have clear bullish signals.
Bullish signals:
①: The golden cross on the 1-4 hour definitely indicates an upward trend;
②: The support at 95000 has held for more than 10 hours continuously.
③: After the 4-6 hour drop, multiple 10-character star patterns appeared.
Comprehensive assessment:
Small levels are bullish, while big levels indicate continued retracement.
The time cycle can basically be seen peaking in January~
Today, the 4-12H line starts to converge, indicating that a change in trend is preparing to happen.
Liquidity is poor, returning to a narrow range to continue fluctuating to determine direction. Bitcoin's 95 constitutes support; if it doesn't break here, it will be 98, and if it breaks, there is still strong support at 92, so tonight needs to be bullish! Ethereum is similar, with good support at 3300, and can continue to look at 3500! If trading contracts, still follow the intervals mentioned above; support positions should carry stop losses, while pressure positions should carry take profits!
Midday Analysis:
The biggest resistance in the market comes from insufficient liquidity!
It's neither peaceful nor a storm; basically, we've walked into the predictions of most people. If you didn't foresee it, then join our group to discuss and exchange ideas! The content in the comments section is still very exciting!
Looking back at the market before and after Christmas: A transaction of ten thousand dollars on the same day quickly rebounded to 99, followed by two transactions of seven thousand dollars in a deep V-shaped fluctuation. It really made the strategists feel uncomfortable, like swallowing a fly. The price range fluctuation of BTC is still greater than that of ETH; Ethereum's drop of 25 points is still quite painful. The shorts given at 99 and 3545 in the last two days could basically achieve stop profit, while yesterday's longs at 965 and 3435 definitely hit stop loss! Wins and losses are balanced! It’s a market that even a dog would shake its head at!
This morning's opening at 7 AM and closing at 8 AM showed a low opening with signs of a rise, but obviously, the intraday market is still very weak!
There are several bases for the upcoming market judgment:
1. The inflow or outflow of ETF is a relatively clear signal; although these data are not absolute, they have been influencing market sentiment.
2. The K-line patterns of time, space, volume, and price provide several references:
Bearish signals:
①: The weekly death cross does not show reversal signs.
②: The MACD of the 3-day line has just produced the second red bar; there should be 1-2 more.
③: The 2-day line
The big levels from the daily to the weekly still do not have clear bullish signals.
Bullish signals:
①: The golden cross on the 1-4 hour definitely indicates an upward trend;
②: The support at 95000 has held for more than 10 hours continuously.
③: After the 4-6 hour drop, multiple 10-character star patterns appeared.
Comprehensive assessment:
Small levels are bullish, while big levels indicate continued retracement.
The time cycle can basically be seen peaking in January~
Today, the 4-12H line starts to converge, indicating that a change in trend is preparing to happen.
Liquidity is poor, returning to a narrow range to continue fluctuating to determine direction. Bitcoin's 95 constitutes support; if it doesn't break here, it will be 98, and if it breaks, there is still strong support at 92, so tonight needs to be bullish! Ethereum is similar, with good support at 3300, and can continue to look at 3500! If trading contracts, still follow the intervals mentioned above; support positions should carry stop losses, while pressure positions should carry take profits!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
93,466.09
-1.74%
ETH
3,399.6
+0.43%
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