The big coin has reached a new high, rebounding strongly at the key support level of 66800 below, also influenced by the election news. How many people didn't sleep well tonight? 😂
It can be anticipated that in the second half of this year's market, the overall main tone is to look for bullish opportunities after a pullback. The big coin has broken through the upper resistance from the midline of the daily chart, rushing to a new high, while Ethereum, slightly weaker, has moved from the lower line of the daily chart to the mid-upper line position.
In terms of short-term trading, the current trend shows that the four-hour level is continuously breaking and maintaining a high-level consolidation. The overall bullish strength is very strong, and during the day, one can wait for a pullback opportunity to go long.
For the big coin, pullback references are 73500-72200-71200, and for Ethereum, references are 2570-2530-2496. Focus on these support levels during the day to build positions.
How long do you think it will take to reach 100,000?
The market was still relatively slow over the weekend, and there was not much room to give. The idea of first long and then short shared on Friday night was also confirmed. Friends who followed it can still grab very good profits!
From the trend point of view, the price of big cake rose to around 57,000 on Friday night and was suppressed, and then continued to fall to around 52,500. Friends who followed our thinking made a profit of 3,000-4,000 points very easily!
As for Ethereum, it also rose to around 2,410 on Friday, and then continued to fall to a minimum of 2,150. Friends who followed the idea also made a profit of 200 points very easily!
So from the current trend point of view, affected by the non-agricultural data on Friday, the price rose slightly and then fell rapidly. The main reason is that the current economic environment is not very good, so even with the positive stimulus of the subsequent interest rate cut, the current market is falling again and again!
The consolidation over the weekend also made the price gradually stabilize, but there is still strong suppression on the top, so the trend on Monday is likely to bottom out again. The specific support still needs to pay attention to whether the previous low will be broken again. As long as it does not break the previous low or pierces it slightly and recovers quickly, it is no problem to complete the double bottom and chase more. Once it directly breaks the previous low, there will be another round of deep retracement before the interest rate cut!
So for the specific operation ideas, we still have to pay attention to the line change situation on Monday morning and then look for opportunities. In the big market, we still don’t make left-side transactions at will, just go with the trend!
The long-order ideas shared on Wednesday have all been completed within the same day!
And in the market trends on Thursday and Friday, we can see that the overall price continues to decline, the rebound is weak, the four-hour level price rebounds slightly after bottoming out, the three lines of KDJ diverge upward, and the MACD short energy column continues to shrink. The four-hour is still subject to the short-term suppression of the MA7 moving average. The four-hour Ethereum line is above the MA7 moving average, and the price falls into stagflation.
So overall, there is still some pressure on the upper side. In terms of price trends, a round of rebound can be seen in the short term. Short-term longs can participate appropriately. After the rebound, short orders can still be entered on the upper side!
The short-term support of the big cake is 56000-55600, and the upper pressure can focus on 57000-57400!
The short-term support of Ethereum focuses on 2370-2340, and the upper pressure focuses on 2410-2440!
Yesterday morning, Bitcoin and Ethereum surged again, but the subsequent overall upward movement was weak and the price fell rapidly in the evening. This morning, Bitcoin and Ethereum prices fell again due to the news.
Then in the articles on the weekend and Monday, it was also mentioned that the current overall trend is that Bitcoin 59,000-60,000 is an opportunity for rebound shorts, and the lower 56,000 is an opportunity for retracement longs, and 57,500-57,000 also provides a step-by-step sharing of ideas, so the current trend also provides opportunities, and Ethereum is a The previous low was broken and the lower rail support of the daily line was directly pierced. The decline was still quite deep.
From the current trend, the daily level of the big cake bottomed out, and the TD9 reversal signal came out from the bottom. The recovery speed after the four-hour level pin was still relatively fast. Friends who took more at 56,000 can give priority to looking for opportunities to exit the market near the rebound of 57,500. Friends who entered the market in batches above can also pay attention to reducing their positions here first. At present, the upper pressure is around 59,000-60,000, and all exits can be made here!
From the perspective of Ethereum, the daily level pierced the lower rail support and recovered quickly. The recovery speed after the four-hour pin was also relatively good. The rebound strength was slightly weaker, but the overall price was gradually recovering, and it recovered quickly after the pin. Basically, there was a round of bulls on the news. Then those who didn’t enter the long position before can try to bet on a round of rebound here. The target can be seen around 2430-2480 first, and defend 40 points!
The market price continued to fluctuate downward over the weekend. Yesterday, the price of Ethereum dropped to around 2400, and quickly recovered after breaking through the support of the lower track of the daily line. The price of Bitcoin was testing around 57000 but did not break!
The idea of retreating low and long given on Saturday is also near these points. Friends who have opened positions are still making good profits. The retracement of Bitcoin near 57500 and Ethereum 2435 also successfully completed the defense!
So from the current trend, the rebound is still relatively weak, the high point is getting lower and lower, and Bitcoin is under pressure near the four-hour middle track. The price of Ethereum rebounded after hitting the bottom at the weekend. The current price also closed above the four-hour MA30 moving average, but overall, the upward momentum is still not enough!
Then be more stable. Long orders with profits can leave the market first, and you can continue to wait for the opportunity to retrace long orders in the future. The entry opportunity can be near the previous low, 57500-57000 for Bitcoin, and near the lower track of the daily line 56000, and enter the warehouse in batches! For Ethereum, focus on 2480-2430-2400 in batches!
Yesterday, the price of Bitcoin and Ethereum hit the bottom again. The price rose slightly in the evening, and then retreated directly to the bottom under pressure. It is a pity that the price is still a little bit away from our stop-profit point!
Judging from the trend on Saturday, the intraday is still dominated by fluctuations, and today is the last day of August. The weekly and monthly lines are about to close. There is also a generally optimistic interest rate cut in September. It can be predicted that the action in September will definitely not be small.
So from the current trend, the daily level can pay attention to the obvious suppression of Bitcoin at the MA60 moving average. Once the price breaks through this point and stabilizes, there will be a relatively good space for a subsequent bull. Ethereum is obviously suppressed at the MA30 moving average at the daily level, which can also be focused on.
So in the case of fluctuations over the weekend, we still use Rest mainly, patiently wait for the opportunity to enter the market. The four-hour level of the big cake has bottomed out many times, and the daily level has also tested the support many times. The lower track support has not been broken, and the potential energy of the bears is also weakening. The Ethereum daily level has bottomed out many times without breaking, and the lower support is still relatively strong.
Then we can still pay attention to the lower support situation and continue to try with a small position and a small stop loss. The big cake support is 58500-57500, and the daily lower track support is around 56000. These points can be paid attention to. Above 59000-60000, you can give priority to the rebound short-order opportunity, and defend 500 points!
For Ethereum, pay attention to the short-term support of 2500-2460, and the daily lower track support is around 2435. 2580-2630 can give priority to the rebound short-order opportunity, and defend 40 points!
The current price short order shared last night also successfully completed the profit stop!
Bitcoin 60800 current price short, target 60000 successfully reached 800 points of profit, Ethereum 2580 current price short order target 2530 profit 50 points!
From the current trend, it can be noted that Bitcoin yesterday rushed to the highest price near the MA60 moving average at the daily level and was suppressed and fell back, while Ethereum was suppressed and stepped back near the 2600 integer mark.
After being suppressed at the four-hour level, the price stepped back sharply, and Bitcoin fell to 58500 and rebounded. This is also the support point given before, and it is also the lower track support at the hourly level. The price of Ethereum fell to the lowest near the 2500 integer mark and was supported, which is also the lower track level support of the hourly line!
From the overall trend, it is still a volatile trend, and there is not much volume in the decline last night, which cannot support the continued decline of prices. So here we can still pay attention to the support and enter a round of short-term long positions in the evening!
Short-term support for big cake is around 59500-58500, and the target is around 60000-61300, and the defense is 500 points!
Ether pays attention to 2500-2480 long orders and continues to enter the market, and the target is 2580-2600, and the defense is 40 points!
The long order ideas given yesterday were successfully executed to complete the profit stop!
The long order target of 58100 for Bitcoin was 59000-60000, which was successfully reached, and the highest profit was nearly 2000 points!
The long order target of 2460 for Ethereum was reached at 2530, and a profit of 70 points was completed!
From the current trend, Bitcoin has initially broken through the double bottom support at the four-hour level, and Ethereum has also rebounded strongly after bottoming out on the daily line. The current price is under certain suppression at the middle track of the four-hour level, and the initial stagflation is in the early stage. The high has not broken through the upper suppression in one fell swoop, so shorting here can also be tried appropriately!
Bitcoin looks down to around 60000, and Ethereum looks down to around 2530-2480. In terms of defense, 500 points of Bitcoin and 40 points of Ethereum are enough!
The long-order idea shared in the morning successfully completed the profit, and the price continued to decline after the high in the evening!
In the morning, the price of Bitcoin reached more than 59,000, and the target of 60,000 was successfully reached, and the profit of 1,000 points was exited!
In the morning, Ethereum shared more than 2,450 orders simultaneously, and the target of 2,530 was successfully reached to complete the profit of 80 points!
After our long orders completed the stop profit, the price of Bitcoin Ethereum fell again under pressure from the top, and the Bitcoin four-hour level bottomed out again. The price of Ethereum was supported to a certain extent at the bottom of the daily line
From the current trend, Bitcoin has touched the support near the previous low, and the four-hour lower track also has a certain support strength. Initially, there are signs of a rebound. If it cannot fall below this point in the future, it will initially go to a double bottom within the day. Long orders can participate appropriately. Pay attention to the upper pressure of 59,000-60,000 to exit, and the defense is still 500 points!
For Ethereum, pay attention to the support below 2460-2430 and try long orders. For the upper pressure, pay attention to exiting near 2500-2530 and defend 40 points!
The decline was beyond expectations. The rebound suggested last night was confirmed, but the decline was still beyond expectations. Cake dropped from 62600 to 58000, and fell more than 3000 points early in the morning. Ethereum also fell directly below the daily level. The price directly broke through the previous strong support of 2510 and came directly to around 2390.
At present, the decline is still very strong. The four-hour level broke directly. It is expected that the recovery of the 8-point line change will not be very ideal. This round of decline has been a large-scale decline. The purpose is self-evident. It is nothing more than a wash. So in the current price trend, we can wait for the price trend to stabilize after the 8-point line change before looking for opportunities!
Cake pays attention to the short-term support of 59000-58500 and can try more orders. The target is around 60000-61000, and the defense is still 500 points!
Ethereum pays attention to the short-term support of 2450-2420 and can try more orders. The target is around 2500-2530, and the defense is 40 points!
Yesterday's long-term thinking ended dismally. A double top appeared above the big cake in a short period of time, and the price fell under pressure, and the four-hour support was broken again!
So here we have to change our thinking appropriately. It is still difficult to break through without the influence of news. There is already a high point suppression above, and the four-hour level is not strong enough to rebound. You can pay attention to the rebound short-term opportunities in the evening!
The upper pressure of the big cake is 62800-63100. Pay attention to the short-term opportunities. The support below is the four-hour MA240 moving average support of 62300 and the four-hour MA60 moving average support of 61300. If there is no entity break and the decline continues in the evening, it is an opportunity to take more, and the defense is still 500 points!
As for Ethereum, the current price has fallen below the four-hour lower support track, and the four-hour moving average support has basically been broken. The daily price is supported on the middle track. So the current price trend still has room to fall. Short orders can focus on entering the market near 2660-2680. The lower support should focus on 2600-2580. If it falls below here, you can pay attention to the key support below 2530-2510. This has supported the price to stop falling and rebound many times in the early stage, and the defense is still 40 points!
The retracement multi-idea shared in the evening also provides a good opportunity at present. It can be noted that the four-hour level of Bitcoin has tested the support strength near 63,000 twice during the day and has not fallen below it. In the short term, there is still a certain support strength here.
The price of Ethereum has a relatively strong decline in the evening, directly breaking the short-term support of 2700. At the same time, the four-hour level has also broken the lower track support, which directly damaged the long orders of 2730, which is also a pity.
The current price trend is still fluctuating downward, so here we can pay attention to the support strength of Bitcoin. It is still good. Friends who have the opportunity to enter the market near 63,000 can hold and pay attention to the opportunity to leave the market near 64,000. The defense is placed on the four-hour MA30 moving average of 62,800.
Ether also pays attention to the current 2680-2660 to try to enter the market. The target can be focused on the vicinity of 2730-2760. The defense can be placed at 2630, which is the middle track support of the daily level.
The long-order ideas shared yesterday have some profit in today's trend. In the morning, the price of Bitcoin began to fall after reaching around 65,100. In the afternoon, the price fell to around 63,000. Then, friends who entered the long position near 63,800 had a round of damage. The price of Ethereum fell to around 2,700. The long position defense was successful and is still held!
So from the current trend, there are three rounds of testing on the upper track of the daily line. The overall price is still strongly suppressed near 65,000. Ethereum is strongly suppressed near 2,800. From the price retracement and decline this afternoon, the performance of the bulls is still relatively optimistic!
After two days of sideways consolidation at the four-hour level over the weekend, the false breakthrough on Monday was quickly retreated, and the price of Bitcoin Ethereum quickly recovered after the pin pierced the four-hour middle track, indicating that there is still very good support below, so there is still a possibility of another breakthrough after the opening of the US market in the evening!
The three lines of KDJ at the four-hour level turned upward and diverged. The retreat of long orders can still continue to look for opportunities in the evening. The big cake still focuses on the short-term support of 63800-63000 to enter the market. The target can be around 65000. If it breaks through, it can continue to look at around 66000. The defense is still 500 points!
The long orders of Ethereum are not broken. The average price of 2730 can continue to hold and look up. The defense of 40 points remains unchanged. The target can be around 2780-2820!
Yesterday morning, the price of Bitcoin and Ethereum surged. We seized the opportunity of the retracement and entered the market with short orders to complete the profit!
The price was basically volatile throughout Sunday, and the price retreated slightly, but the retreat was not large. The market's expectations for subsequent interest rate cuts were very high, and the market bullish sentiment was still relatively heavy. Here we must pay attention to the up and down sweeping actions during the period!
From the current trend, we can still continue to wait for the opportunity to take more on the retracement. Under the premise of the great benefit of the interest rate cut, the subsequent rise is almost set in stone. The only thing to pay attention to is the pin situation during the period!
Bitcoin here can pay attention to the short-term support of 63800-62800 below to participate in long orders, and pay attention to the stabilization of the line change on Monday morning before looking for entry opportunities!
Ethereum’s short-term support can be focused on 2730-2680. Also, wait for the line to stabilize on Monday morning before looking for entry opportunities. Don’t be in a hurry!
The retracement of long orders successfully made a profit!
The retracement of long ideas given yesterday afternoon successfully provided an entry opportunity, and the profit of long orders was also very good. As long as the big cake breaks through the daily MA60 moving average pressure, the price will rise straight up!
The impact of the interest rate cut can also be seen from this. Judging from the market expectations and the current news released, the interest rate cut in September is basically a foregone conclusion. This round of upward movement is also basically affected by this. It is also the weekend. Long orders can be profited and exited first. This round of 2000-3000 profits are firmly won, and there are more than 100 points of Ethereum
So at present, the price has begun to fall after hitting the high point pressure, and the Ethereum price has not broken through the 2800 mark. The impact of the news has basically been consumed. Short orders can look for opportunities to see a round of decline!
Big cake is short near 64500, just look at 63800-63300, and defend 500 points!
Short Ethereum near 2780, just look at around 2730-2700, defend 40 points!
From the current trend, the overall price trend is fluctuating upward. Yesterday's short orders did not give a good exit opportunity. So the current big cake is basically still a small profit, so you can exit first. The short orders of Ethereum are currently in a small loss state, so you can also exit first!
From the current trend, the bottom support has been significantly raised during the oscillation. In addition, the market's expectations for the September interest rate cut have reached their peak, and with the entry of funds from large institutions after the interest rate cut, the market is bound to rise. Then we will give priority to retracement low and long in the future, and we still need to slow down and observe the high altitude!
The short-term support of big cake is 60800-60200-59800-59100, which gives a retracement opportunity. After confirming the support, long orders can enter the market. The upper pressure of 61300 is the pressure of the daily MA60 moving average. You can look for short opportunities. Once this pressure is broken, the price may go to around 63000!
For Ethereum, you can pay attention to the short-term support and the retracement opportunities of 2660-2630-2580-2550. For the upper pressure, you can focus on 2730-2780-2820. For the layout of short orders, you can pay attention to the pressure above 2800 to look for opportunities. You must know that after the price of Ethereum fell below 2800, there was no upward attempt, so the key pressure needs to be paid attention to here, and 2800 was also a key support point in the early stage!
The ideas shared yesterday afternoon have made a profit. The trend of Bitcoin and Ethereum is basically still in a range of fluctuations. At present, it seems that before the real good news and a large amount of funds enter the market, there is a high probability that there will not be a big breakthrough!
So from the current trend, the support points and suppression points given yesterday have been confirmed today. Bitcoin has a small breakthrough, but there is still no physical breakthrough upward. So before the official good news is released, the market needs to continue to consolidate at the bottom!
Then friends who enter the market with empty orders during the day can continue to hold and see, and leave the market near the support level. Long orders can still pay attention to the support situation below to enter the market!
In terms of defense, Bitcoin is still 500 points and Ethereum is 40 points!
Judging from the current trend, the overall price trend is still a volatile trend. Recently, under the influence of the news, the overall trend is very comfortable for us. We can grab a lot of profits by selling high and buying low!
The short-term ideas given yesterday completed the stop profit near 58500 and 2560 respectively, and the long orders also completed the reverse entry here. At present, we have made a good profit. At present, we have made a profit of 1,000 points for big cake and 30-40 points for ether. Conservative friends can already end this order and find opportunities to enter the market later!
The short-term support of big cake is 59100-58500, and the upper pressure is 60800-61300. The short-term support of ether is 2550-2530, and the upper pressure is 2630-2680!
After the price of Ethereum in the white plate touched the upper high pressure, I decisively shared the short-order ideas!
At the current price of 61000, the short orders of 61000 have made a profit of about 1500 points, and the first target point of 59500 has also been reached. The short orders of 2680 near Ethereum are entered, and the first target of 2580 is about to be reached, with a profit of nearly 100 points!
From the current trend, the overall price is still moving back and forth in the oscillation range. After the 60 moving average pressure of the daily level of the big cake, it fell back to the middle track support of the daily level. After the price of Ethereum touched the MA360 moving average pressure of the daily line, it fell back to the short-term support near 2580!
At present, the price is initially supported. In recent times, the highs are getting lower and lower, and the bottom support is gradually rising. The oscillation range is gradually narrowing. Then, conservative friends can sell all the short orders at the current price and leave the market at a profit, while the entry of long orders should pay attention to the support strength below and look for opportunities!
For aggressive friends, you can choose to reduce your Bitcoin and Ethereum positions and keep some of them to watch the downward trend. For Bitcoin, pay attention to the 59000-58500 level to exit the market. For long positions, pay attention to the support here to find entry opportunities. The key support is 57500. For Ethereum, pay attention to the 2560-2530 level below. Long positions also look for entry opportunities near here!
The long order ideas shared yesterday have already made a profit!
The long orders of Bitcoin 58100 entered the market, and the long orders of Ethereum 2580 entered the market. At present, Bitcoin has made a profit of nearly 3000 points and can leave the market, and Ethereum has made a profit of nearly 100 points and can leave the market!
From the current trend, the four-hour price of Bitcoin pierced the upper rail pressure of the Bollinger Band, and the price fell under pressure after touching the daily MA60 moving average. Here we can see that the daily level Bitcoin has been under pressure many times at the MA60 moving average. If the white plate is not strong enough to break through the pressure here, we can try to do a short short here!
In terms of Ethereum, the four-hour level pierced the upper rail pressure of the Bollinger Band, and fell under pressure at the four-hour MA120 moving average. The price failed to break through 2700. This high point is getting lower and lower, and the current price has a certain degree of pressure at the daily MA360 moving average and the upper rail of the four-hour Bollinger Band. So here we can also pay attention to this place to do a short short!
From the daily level, the recent trend is still dominated by shocks, and the overall box has not been broken. Selling high and buying low within the range is undoubtedly the best choice, and the current price has already touched the upper pressure and stagflation has occurred. Here we have no problem taking a short position and getting a retracement!
Enter the short position near 61000-61500 for Bitcoin, and the target is around 60000-59500, with a defense of 500 points!
Enter the short position near 2680-2720 for Ethereum, and the target is around 2630-2580, with a defense of 40 points!