Trading philosophy: Look at the trend in large cycles, and find points in small cycles;
Market review: After a slight retracement of the white market yesterday, the bulls successfully broke through the previous high again. Bitcoin hit a maximum of around 44,500, and Ethereum hit a maximum of around 2,310. The planned retracement long strategy was a big win and the profit was successfully taken. ! In such a strong long market, short orders need to be cautiously involved. As suggested by the white market strategy, it is better to miss the retracement space and go low and long!
Technical analysis: In terms of Bitcoin, the daily level closed again above 44,000, the Bollinger Bands continued to open, the MACD moving average continued to move upward, the bullish volume was increasing, and the 4-hour level once again shot up to 44,500 and then closed back down. The MACD moving average and KDJ line begin to move downward, and the long volume can be in a shrinking state;
In terms of Ethereum, the daily level closed at K near 2290, the Bollinger Bands continued to open, the MACD moving average continued to move upward, the bullish volume continued to increase, the KDJ line ran smoothly, and the 4 hour line level shot up again and then began to close. Yin K has a callback trend, the MACD moving average and KDJ line have begun to move downward, and the long volume can be reduced;
To sum up, the market is still generally dominated by bulls. There is a callback demand in the short term, but it is still not recommended to go short. We would rather wait for the retracement to go long. The medium and long-term trend of Bitcoin is temporarily suppressed by the 44700 line, and Ethereum is temporarily watched by the 2400 line. !
Operation suggestions:
Bitcoin is long in the 43000-43300 area, targeting 44000-44700, and defending 42700!
Ethereum is long in the 2220-2240 area, targeting 2300-2340, and defending 2200!
The strategy is time-sensitive, and the specifics are subject to private real-time guidance!
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