Lao Jin: Bitcoin and Ethereum Today's Intraday Trading Strategy From the 4-hour chart of Bitcoin, the trend chart shows a triangular upward narrowing channel, repeatedly hitting the upper trend line and being blocked, then it retraced after hitting it, forming a long upper shadow pointing downwards. Therefore, the main strategy is to short, unless it can stand firm at the trend line point of 107550 upwards for the third time today, then it will continue to extend the upward pattern. Ethereum follows Bitcoin in the same direction. Bitcoin: Short at 104000-104500, target 102500. Ethereum: Short at 3850-3885, target 3790.
The Bitcoin short position of 101500 given last night is currently around 99200, yielding a profit of 2300 points. The Ethereum short position at 3940 is currently around 3870, yielding a profit of 70 points. Friends who followed can exit midway. Friends with a medium-term outlook should continue to hold with me, aiming for 98000 and 3750.
Lao Jin: Bitcoin short positions will continue to be held in the evening, ready to take the mid-term Bitcoin short positions at 101,500 in the evening, ready to continue holding to take the mid-term target of 98,000, Ethereum short positions at 3,940 to get 3,750. Friends who have not followed can refer to it and follow it.
Lao Jin: Bitcoin and Ethereum made a major mistake in yesterday's strategy, and the strategy below is improved Good afternoon, investors. Bitcoin and Ethereum made a major mistake in yesterday's short-order strategy. I am sorry to disappoint you. Next, I will do my best to make a good strategy and strive to get it back as soon as possible. Including the orders of all of you, I will also follow up in real time. Let's go back to the market analysis. Bitcoin has broken through 100,000 again. I think it is still necessary to short this time. How to short this time, how to layout, methods and ideas are very important. I will give detailed guidance below: Bitcoin four-hour operation method, establish a position at the current price of 101,000, and pay attention to reserving a part of the position, and the position is 101,500. This position can be appropriately heavier. This order is based on the four-hour Bollinger Bands. The tentative target is 98,600. Here, pay attention to the closing line at 0 o'clock. If the closing line at 0 o'clock is still around 100,800, all positions will be cleared and wait for the next order notification. Ethereum four-hour operation method synchronizes with Bitcoin to establish a short order at 3920-3940, with a target of 3850. The specific operation method is synchronized with Dabing. $BTC $ETH
Old Jin: Bitcoin and Ethereum short positions were completely liquidated yesterday, today we regroup. Today's Bitcoin strategy: short Bitcoin at 100600-101000, first target 99100. For Ethereum, short at 3810-3830, first target 3750.
Old Jin: Evening Bitcoin Ethereum Current Price Strategy The Bitcoin short at 97800 given at noon, and the Ethereum short at 3660 is currently in a losing position. There will be data-related news in the evening, but the data won't change the trend; a short-term pullback is certain. The Bitcoin position remains unchanged, and an additional position will be added around 3720 for Ethereum, with a target price of 3560.
Lao Jin: There were some mistakes in the Bitcoin Ethereum limit short order given at noon. The strategy below is corrected. The Bitcoin short order given at noon was 97800. The current price is around 98000. The target position is 96000. The Bitcoin strategy is not corrected. There is a high probability that there will be no problem. The Ethereum strategy needs to be corrected. A short order was made at a low position in the morning and is currently trapped. The dynamic strategy released is 3660 short. Currently, there is a small trap around 3690. The correction strategy of Ethereum is to cover some short orders around 3700-3720 (provided that the position security is guaranteed). The target position is corrected to 3560$BTC $ETH
Lao Jin: Last night's limit order was perfectly reached, today's short-term strategy is as follows Last night's Bitcoin 94500 long order, the first target 96200, the second target 97500 was perfectly reached, Ethereum 3520 long order 3620 was perfectly reached, congratulations to friends who followed. Today's strategy is as follows: Bitcoin 97500-97800 short, short-term target 96000, Ethereum 3660 short, target 3560. The strategy has some delays $BTC $ETH
Old Jin: Bitcoin and Ethereum Limit Price Strategy for Late Night and Tomorrow Bitcoin Limit Order Price: 94500 to buy, first target 96200, second target 97500. Ethereum Limit Order Price: 3510 to buy, first target 3620, second target 3750 $BTC $ETH
Old Jin: Morning Big Waterfall, Bitcoin and Ethereum Short Positions Perfectly Profited Last night, the short positions for Bitcoin and Ethereum were taken down, with Bitcoin gaining 1500 points and Ethereum gaining 120 points. The market plunged at five in the morning and quickly rebounded. The current phase of the small bull has ended, and today's layout and operational strategy will be provided later. $BTC $ETH
Old Jin: Evening Bitcoin and Ethereum Limit Price Strategy, Long and Short Transition The strategy provided during the day did not perfectly reach the take-profit position before encountering a waterfall drop. The evening strategy is to short Ethereum at 3870, targeting 3750, and to short Bitcoin at 98000, targeting 96500.
Lao Jin: Bitcoin and Ethereum continue to be bullish, long at current price Bitcoin and Ethereum continue to be bullish, long at current price 98700-98400, target 99800. Ethereum 3870-3850 long, target 3970. Short-term retracement does not change the bullish trend. $BTC $ETH
Lao Jin: The market fluctuates over the weekend, and I will place a long order at the current price of Bitcoin and Ethereum I will place a long order at the limit price of Bitcoin at 99700-99500, and the target is 101500. I will place a long order at 3980-3970 of Ethereum, and the target is 4045
Lao Jin: The medium to long-term long positions in Bitcoin and Ethereum will reach their targets in less than a trading day. Everyone, please take a look at the image below. The medium-term long position given around seven o'clock in the evening is almost there. Ethereum is currently around 4000, and it's close to the target of 4130. Friends who are following can exit midway; the same goes for Bitcoin, you can exit midway as well, and wait for a pullback to re-enter. Currently, the volatility is high, so I won't provide specific levels $BTC $ETH .
Lao Jin: Bitcoin's 10,000-point waterfall ushered in a super roller coaster. How to operate in the future? Good evening, everyone. I am Lao Jin. In the last dynamic, we talked about shorting Bitcoin at 101,500-102,000 and shorting Ethereum at 3,920. Although all the targets were reached. But it was unexpected that there was a super roller coaster this morning, and the market fell by 10,000 points. When Bitcoin plays this kind of wash-out drama, according to past trading experience and personal trading experience, the bull market will continue, and the bull market will last for several months. Short-term retracements will never change the bull trend. Today, a mid-term order is opened to the outside world, of course, the profit and loss are at your own risk. Friends who follow orders are cautious. Bitcoin: 97,000-96,000 for mid-term long orders, target 101,800. Target 5,000 points of profit space. Ethereum: 3820-3780 for mid-term long orders, target 4,130. Target 350 points of profit space. $BTC $ETH
Old Jin: Limit order strategy from late night to tomorrow day Short Bitcoin at 101500-102000 in the evening, target 99600, short Ethereum around 3920, target 3810.
Old Jin: Some follow-up thoughts after Bitcoin rises to $100,000
Market correction risk
According to reports from Financial Associated Press, cryptocurrency billionaire Michael Novogratz stated on November 22 that after Bitcoin breaks $100,000, it might correct by 20% due to the presence of significant leverage in the system. Investors should prepare for this, as he believes Bitcoin's price could drop to around $80,000.
Long-term upward potential
On one hand, institutional investors are increasingly interested in Bitcoin, with more banks, companies, and funds participating, bringing substantial funds and higher recognition to the Bitcoin market, driving its price up. On the other hand, the Bitcoin halving mechanism reduces its supply and increases scarcity, further pushing prices up. Additionally, some analysts believe that Bitcoin, as a non-correlated asset, has the potential to diversify risk and enhance returns in investment portfolios. As more institutions incorporate it into their portfolios, demand for Bitcoin will further increase, driving prices up.
Old Jin: Ethereum is soaring alone while the market is moving in the opposite direction, be careful of potential risks Good evening everyone, I am Old Jin. Tonight's Ethereum short position at 3730 is likely to hit stop loss, while the Bitcoin short position at 96800 has smoothly reached around 95200 without any obstacles. It is indeed unexpected that Ethereum is not following the market trend, and the short position stop loss will find a way to bounce back. In the late night to tomorrow, we still need to adopt a high short strategy. The expectation is to short Ethereum relying on 3830, with a target of 3700-3650. Bitcoin has not yet found the expected entry position, so we will not take action for now; a strategy will be provided later.
Old Jin: The value of over 3580 long positions is still rising, the limit price Ethereum strategy is as follows. Yesterday we perfectly captured the long position, tonight we will temporarily short Ethereum near 3730, targeting 3630. Short Bitcoin at 96800, targeting 95300.