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It will soon reach the first target position, which has already eaten up 100 points. Those who follow the order can take profit at $ETH
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正指_King
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Bullish
Aggressive people open long positions at the current price of ETH, first target: 3188, second target: 3260, defense: 3020 Conservative people place orders to open long positions near 3048! $ETH
Aggressive people open long positions at the current price of ETH, first target: 3188, second target: 3260, defense: 3020 Conservative people place orders to open long positions near 3048! $ETH
It is taking off as expected! Waiting for the benefits! $BTC
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正指_King
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Bullish
Short-term strategy contract subject: Bitcoin pending order near 86500 to do more, take profit position: 88500, put position: 85800, leverage 1-20 times! $BTC
Short-term strategy contract subject: Bitcoin pending order near 86500 to do more, take profit position: 88500, put position: 85800, leverage 1-20 times! $BTC
Market Analysis: Bitcoin experienced a pullback yesterday at the 90,000 mark and is currently testing the 90,000 mark for the second time, showing another pullback in the short term. If it fails to break above 90,000, there is a technical pullback risk present.
Additionally, yesterday there was a liquidation of 820 million USD, with long positions accounting for 540 million, indicating an overheated bullish sentiment that could signal a potential reversal.
It is also important to note that the Fear and Greed Index has reached an extremely greedy state, which is a signal that market sentiment has reached an extreme level and needs to cool down.
Currently, Bitcoin is in a very dangerous position under several signals, unless it successfully breaks above 90,000!
However, if a correction officially begins at this position, the strategy should be to buy at lower levels rather than participating in short positions during the pullback.
Last Week Review: Yesterday we mentioned that, from a short-term perspective, on the minute and hourly levels, there is a short-term pullback demand. If the pullback does not break below the support around 76000 USD, we continue to be bullish; if it breaks below the 76000 USD support, we look down to around 73000 USD.
After the pullback yesterday, it did not break below the 76000 USD support. After a period of consolidation, it continued to rise, peaking at 89575 USD. Due to the significant short-term rise, a top divergence appeared on the smaller time frames, indicating a need for short-term correction. In the next one to two days, we expect consolidation to dominate. If the consolidation pullback does not break below 83000 USD, we continue to be bullish. The strategy is to sell high and buy low. Upper resistance level: around 89600 USD Lower support level: around 83000 USD
November 11 BTC Market Analysis: $BTC Last Week Review: Last Thursday, BTC experienced a surge, reaching a peak increase of over $76,800. We informed everyone that from a technical perspective, due to the significant increase over the past two days, there was a need for short-term consolidation, with the next two days primarily focused on fluctuations, and trading strategy should be to sell high and buy low.
From Friday to Saturday, BTC maintained a high level of fluctuation. After the consolidation, it launched another attack yesterday, reaching a peak of $81,800. From a short-term perspective, signs of divergence appeared on the minute and hourly charts, indicating a need for a pullback. If the pullback does not break the support around $76,000, we remain bullish. However, if it breaks the $76,000 support, we will look towards $73,000. In terms of trading strategy, today’s short-term focus will be on shorting at high levels.
Upper resistance level: Around $81,800 Lower support level: Around $76,000
Short-term Target Strategy: $TRB Current Price Buy Long, First Target Price: 58, Second Target Price: 60 Stop Loss Price: 52 Personal Suggestion, Risk Control