Dear friends in the cryptocurrency industry, I am Wu Qibo from the cryptocurrency industry. I am a financial practitioner with many years of experience. I am a graduate student in the Department of Finance at Zhongnan University of Economics and Law. My research field is investment strategy analysis of foreign exchange finance. I have been studying the cryptocurrency industry for 4 years. I am also a teacher who specializes in Bitcoin and Ethereum market analysis.
I have been engaged in the financial industry for many years, during which I have accumulated rich experience and knowledge to cope with the changing market conditions. My main job is to conduct financial market analysis and investment to provide customers with the best financial services. As a financial practitioner, I am well aware of the complexity and variability of the financial industry, so I continue to learn and explore the changes in the cryptocurrency market to adapt to the needs of the market and customers, continuously improve my professional quality, and better serve customers.
In the financial field, I have always maintained good professional ethics and professional quality. I always put the interests of customers first and work strictly in accordance with laws, regulations and ethical standards. I focus on teamwork and can establish good relationships with colleagues and customers to achieve a win-win situation.
The price comparison on Wednesday surged to a high point of 108366 in the early morning and then remained in a stepwise manner throughout the day, with the afternoon price dipping to a low of 103068. In the evening, the rising trend in prices allowed us to perfectly capture our long positions. Currently, the price has retraced again to around 104000. It was very convenient for the early morning surge to touch down at a low of 3802 after pressing down from 4024, which also led to some rebound. The evening price showed a fluctuating trend.
The major coin has remained within a narrow range of fluctuations throughout the day. The current view is that its downward space has been compressed to an extremely small extent, making a significant decline almost impossible, while an increase requires a suitable opportunity. Consistent expectations may trigger a change in market behavior; however, converging views do not necessarily lead to positive returns. From a technical analysis perspective, the market is currently in a 1-hour downward trend, and the downtrend has not yet ended. We will continue to participate in long positions in the evening.
Today, the price of the coin has been in a step-down trend at noon, hitting the low of 103,000 and stopping. In the afternoon, the price of the coin is also gradually rising. The intraday short position is also large. It stopped in the afternoon. Ethereum hit a low of around 3,800 in the afternoon and then rebounded. The bullish idea we gave in the afternoon was also confirmed. The long position arranged in the afternoon also took up 2,000 points of space
From the technical structure, in the four-hour level line, the price fell three times in a row and turned to a positive recovery. The short-term volume was released, but there was no continuous decline, but a positive recovery. The rhythm maintained a bullish trend, but with the demand for recovery, the short-term was cleaned up. The next recovery is still optimistic about the continuation of the bulls, don't blindly chase the short.
After the early morning price comparison surged to a high line of 108,366, today's market pullback has also exceeded expectations. The market is showing a stepwise downward trend, with significant pullback strength and no rebound provided. The bullish outlook we provided this morning at 105,000 only captured 700 points before timely exit. The view towards the high is also limited. Bitcoin's intra-day price reached a low point of 103,213. It has currently warmed up to around 103,900. Ethereum is still showing a downward trend. After reaching a high of 4,087 yesterday, bulls have been completely suppressed by bears with no chance to breathe. Ethereum's intra-day low has pulled back to 3,812.
From a four-hour structure perspective, after reaching the peak and falling back, there has been a significant downward pullback erasing all previous gains, but the trading volume is limited and has not materially broken through. The subsequent lower shadow line has also allowed the market to step into an upward rhythm again. Currently, the mid-track forms a clear resistance; unless there is a significant change, the bullish outlook remains unchanged. The Bollinger Bands are gradually stabilizing; intra-day, we should maintain pullbacks for bullish participation. If timing is difficult to grasp, you can consult Qi Bo.
Last night, the Bitcoin market refreshed its high again, reaching a peak of 108,366 before a sharp pullback. After the retracement, the price of the coin warmed up again. This kind of back-and-forth tug-of-war in the market can easily turn you into fodder if not properly managed. As for Ethereum, with the sideways volatility continuing yesterday afternoon, it should have a downward trend in the evening. The lowest point reached 3,844 in the early morning. The long position we set up at midnight yesterday was also perfectly exited, and the strength speaks for itself.
From the current market perspective, Bitcoin has once again retraced downwards after breaking new highs yesterday. Currently, the trend has tested the bottom multiple times without showing signs of breaking the lower support. In the short term, the downward trend is continuously gaining volume, and the downward space is gradually shrinking, while the upward movement appears slightly weak. On the daily level, the trend still firmly stays above the three-day moving average, and after the evening retracement touched this line, it quickly rebounded, showing strong support.
In the early hours of today, the Bitcoin price surged to a high of 107,777 before starting to face pressure and pull back. In the morning, the market dipped to a low of 105,424. A pullback after a surge is also a normal phenomenon. The afternoon market has been in a state of fluctuation. Earlier in the afternoon, we reminded everyone that if there wasn't much fluctuation during the daytime, we should pay attention to the opening of the US stock market. As expected, in the evening, with the opening of the US stock market, the price once again refreshed its high, reaching a peak of 108,366 before quickly giving way to a downward spike. The trend has been mainly bullish these days. Tonight, there were also liquidations. As for Ethereum, after a surge in the early morning, it has been in a sideways fluctuation throughout the day. In the evening, the bulls did not catch the opportunity, but instead, the bears took hold, and the price dipped to a low of 3,933.
From the current trend, the hourly level has shown a serious divergence, and from the 4-hour level, the market is also experiencing a continuous bearish state. In the evening, there was also a spike down, leaving a long wick. Although there is some space for a pullback at the moment, the overall upward trend does not need much explanation; the pullback is merely returning to the previous day's starting point, and after multiple prior pullbacks, a strong rebound is also unavoidable. We will still participate in long positions in the midnight session.
The afternoon market has been steadily rising. In the afternoon, the coin price once again approached the previous high, reaching a maximum of around 107490. This confirms the bullish outlook we provided in the afternoon. We have successfully reached the expected target. Regarding Ether, after a rebound from the low of 4039 in the morning, the coin price has also been fluctuating sideways in the afternoon.
From the daily chart of Bitcoin, the market shows a pattern of continuous upward movement, clearly favoring the bulls. After the market opened today, there was no pullback; instead, the upward trend continued, with the Bollinger Bands slightly widening and the short-term moving averages trending upwards. This series of signs indicates that the bullish momentum in the market is gradually accumulating. Overall, the market continues to lean towards the bullish side. However, even though the bulls currently hold the advantage, this slow upward trend should also be treated with caution. Be wary of a potential crash. In the evening, we will first observe the pullback situation before participating in low buying.
The price comparison surged to the high point of 107777 in the early morning, facing resistance, and once again refreshed the historical high. After hitting the high, it gave a slight pullback and stabilized around 105500. The day's market is basically in a fluctuating trend. If there is not much volatility during the day, attention should be paid to the opening of the U.S. stock market in the evening. Ethereum also surged to around 4109 in the early morning and then pulled back, with the price hitting a low of around 3942 before starting to rebound. Currently, it has warmed back up to around the 4000 mark. The bullish outlook we provided yesterday evening and this morning has also concluded perfectly. Those who followed along don’t need to say much, and the ⑩ market is even more lucrative.
Recently, Bitcoin has frequently refreshed new highs, and many people have lost their direction. From the four-hour chart, bullish and bearish candles are competing with each other. But overall, the bulls are still relatively strong, with the lows continuously rising. The price trajectory closely adheres to the MA5 daily moving average and continues to rise, clearly showing the current rhythm. In the short term, MA5/10 is not only solid support but also a good opportunity for us to go long. However, we should not blindly chase the market; we need to remain rational and first pay attention to the pullback strength before participating in low buys. It is crucial to pay attention to the timing of entry!
The cryptocurrency price rose as expected early yesterday morning. The software market's lowest drop yesterday retreated to the low line of 103200, followed by a stop in the decline and a rebound, with a peak reaching 107700 early in the morning. Currently, Bitcoin is once again experiencing a pullback and consolidation. As for Ethereum, it peaked at around 4109 in the early morning and began to face pressure. The bullish outlook we provided at midnight yesterday concluded perfectly.
The four-hour single candle soared, demonstrating the unstoppable strength of the bulls. Once the upward resistance level is broken, the increase will be a natural result, and the bulls' enthusiasm not only meets expectations but is also an inevitable outcome driven by the trend structure. As mentioned earlier, in the current market conditions, a pullback is an excellent buying opportunity; if there is no pullback, then continue to follow the bulls in the short term, anticipating higher points to come. The direct surge within the day still indicates a clear future trend, and the main theme remains bullish and following the trend. Although a corrective pullback may occur in the short term, this is not a reversal signal but rather a necessary phase for the bulls to build momentum. After the correction, the market will still return to a bullish trend.
After the fluctuations in the afternoon market, the evening cryptocurrency price has also dipped to around 103100. After touching the low, it has stopped falling and rebounded. Currently, the price has strongly risen to a high of 106420. The bullish outlook we provided for the evening has also been validated. For Ethereum, after dipping to around 3880 in the evening, it has also stopped falling and rebounded. The current price has warmed up to around 3943.
The four-hour single bullish candle has surged, and the strong bulls cannot be stopped. Once the upward breakout occurs, it means an increase in volume, thus the bulls' frenzy is also expected and a necessary rise influenced by the trend structure. Earlier, we mentioned that regarding the current market, a pullback indicates bullishness; if there is no pullback, then it is a short-term continuation of the bullish trend, aiming for higher targets. The intraday movement is still quite clear, maintaining a bullish stance, and following the bulls is the current main theme. In the short term, the price may experience some corrective pullbacks, but corrections do not equate to reversals. After the correction, the bullish trend should still be revisited, and corrections are meant for better upward movement.
After the intraday market hit the high of 106665 in the morning, the price fell back to around 105000. The intraday is basically in a fluctuating operation as the main rhythm. After the white plate hit the high, it ushered in the consolidation stage. The trend of Ethereum is basically the same as that of the big cake. After hitting the high line at noon, it also retreated, and then began to fluctuate. The bullish idea we gave in the afternoon is still being held steadily. There is not much movement in the white plate to prevent the price from being rectified in the evening. In the evening, we still treat it as a retracement to do more.
From the four-hour level line, the market turned from positive to negative. After the intraday high, a long shadow line was also ushered in at a high level. It is inevitable to retreat and consolidate after the high. If the hourly level falls below 104000, we are still bullish. At present, although the current correction trend has ushered in, it can be clearly seen that the shorts are weak. The bulls are still the main rhythm. The short-term correction cannot affect the change of the trend. We can pay attention to the correction situation in the evening and then participate in low-long. Keep your head clear and grasp the right time to enter the market.
Today's market hit a record high in the morning and then reached 106665, which began to fall under pressure. It is inevitable that it will fall after rising. It fell to 104245 at noon and began to rebound. We have been reminding everyone to enter the market boldly and go long. The bullish momentum has not been fully released. At present, the price ratio has ushered in a warming upward trend. Bitcoin is currently running around 105000. Ethereum strongly rose to 4024 in the morning and then was blocked and pressured to retreat. It has ushered in a warming trend. The most challenging thing for the long and short positions is a calm brain, not blindly or head-on. The next million is you!
From the current market, we can see that the 104500 line has formed an effective support and is relatively strong. The correction in the afternoon did not exceed expectations. From the four-hour level line, the bulls are still strong and there is no sign of weakening, just like a wild horse. The price ratio is attached to the upper track of the Bollinger band and has been rising. There is no obvious resistance above. We are still optimistic about the bulls' performance in the future, but we should also pay attention to the retracement. Keep a clear mind at all times.
This week also smoothly achieved a good start, and as early as the weekend, we have been emphasizing that we will continue to participate with low buy positions in the future market. The price comparison on Monday morning has once again refreshed the new high, reaching a peak of 106,665. The price comparison over the weekend also increased by two thousand points, which is still a relatively large fluctuation compared to before. The bulls continue to exert strength. What should we do if we can't grasp the current market situation? You can find a trustworthy guide to help you get through the year's end difficulties. Daily strategies are publicly provided in real-time across the entire network. There is no exaggeration. Bitcoin this year can be said to be a qualitative leap, strongly breaking through the 100,000 mark. Everyone knows that Bitcoin will have a pullback, but the key is not knowing where it will pull back. This leads to an inability to grasp it. It's difficult to get the position right. Not everyone has the luck of being chosen for operation. Luck is not enough; strength must make up for it. #BTC重回关键位置后走势 #DeFi全线飙升 #币安LaunchpoolVANA #VELODROME将上线币安 #USUAL现货即将上线
Good morning everyone in this new week. The morning cryptocurrency prices are also rising strongly, reaching a peak of around 104,000. Compared to the prices in the early morning, there hasn't been much fluctuation. The bullish outlook we provided at midnight yesterday was also perfectly executed. On the Ethereum side, there was a sharp drop in the early morning, hitting a low of around 3,842, followed by a quick rebound. The morning high reached around 3,923.
From the four-hour chart, Bitcoin has shown a three consecutive bullish candlesticks pattern, with the Bollinger Bands expanding upwards, and the support structure below becoming increasingly obvious. Bullish momentum is building, and new highs seem within reach. Once it breaks through the current high, the upward path will be unimpeded. Therefore, in our subsequent operations, we can consider maintaining a low-position bullish strategy to seize the upcoming upward trend. In the intraday trading, let's first pay attention to the retracement strength before participating in low-position buying.
The weekend is about to end, and I didn't expect the weekend market to be so big. The market hit a low of around 100,500 in the early morning today, and rebounded. It has been showing an upward trend during the day, and it has been looking back one step at a time. As the status is constantly moving up, the highest point today is around 103,300. After Ethereum hit a high of 3912 at noon, it also showed a waterfall-like downward trend in the afternoon. After hitting the low, the market is also gradually rising. The bullish idea we gave in the afternoon has also been verified.
The short-term moving averages in the four-hour chart, such as MA5 and MA10, are intertwined and entangled, and the direction is not clear enough, indicating that the short-term market long and short forces are relatively balanced, and the competition between the two sides is fierce. The price frequently shuttles around the moving average, lacking obvious trend guidance. Although the medium-term moving average MA30 has a certain supporting or suppressing effect, its effectiveness is also weakened under the large price fluctuations
This week is also about to end the market, which presented a deep V-shaped trend in the early stages. On Wednesday, the coin price dropped to a low of around 94,000. Subsequently, the coin price began to gradually rebound and warm up. This week, the coin price touched a high of 102,900. The market is basically in a fluctuating trend. In terms of performance, it has mostly followed the trend of Bitcoin. After hitting a low of 3,475, it rebounded and warmed up. The subsequent market has shown a trend of fluctuating and slow decline. This week, we successfully captured a space of 13,000 points in Bitcoin, and over 650 points in Ethereum. The daily strategies are all publicly provided in real-time across the network.
Analyzing from the current structure, the entire market has digested the upward momentum and has gradually entered a correction phase in a small cycle. Therefore, the subsequent period can be understood as the period of exertion for the bulls. In the hourly structure, the strength of the bulls is becoming increasingly evident; no matter how deep the pullback is, the bulls can still recover strongly, and the momentum for accumulation is getting stronger. Currently, it is showing a stepwise upward trend. As the bottom support becomes stronger, the pressure will become weaker with continuous upward movement. Therefore, the subsequent strategy remains unchanged, focusing first on the strength of the pullback. In the future, we will still hold a bullish view. #加密市场反弹 #DeFi全线飙升 #USUAL现货即将上线 #币安LaunchpoolVANA #BTC重回关键位置后走势
Friday has also ended, and after the price of the coin retraced to a low of 99149 in the early morning, it began to stop falling and rebound. The overall trend shows a pattern of taking one step back at a time. We reminded everyone to enter and go long in the morning, and in the evening, the coin price reached around 101300, experiencing a spike-like retracement, followed by a quick rebound. In terms of Ethereum, it touched the line of 3967 in the evening, then experienced a spike-like drop, quickly followed by a rebound. Currently, the coin price is running around 101400.
From the current situation, the market is still in a rhythm of oscillation and repair, and the losses from midnight have basically been fully recovered. From the four-hour level, the support at the upward middle track of the Bollinger Bands is considerable, with multiple recent retests halting above. The KDJ three lines are turning upwards and are about to golden cross, while the sentiment in the market remains dominant. The price has again returned to the previous oscillation range, and we continue to observe the resistance situation at the line of 102000. We are still participating with low long positions at midnight.
Today's cryptocurrency price also surged to a high of 102,500 in the early morning, and the intraday market has been showing a trend of oscillating at the bottom of the range. We had already advised everyone to buy on the dip in the morning. Currently, the price is once again above 100,000. The price is generally in an upward oscillating trend. As for Ethereum, it also showed a pattern of peaking and pulling back during the day, with a maximum reaching around 3,940.
From the current perspective, the intraday market is basically operating with a trend of oscillating repair. The early morning declines have been completely recovered, and there is momentum for further upward movement. From the hourly level, the upward momentum is further shrinking, and the price is oscillating upward back into the previous oscillation range, and we can observe the continuation strength. From the four-hour level, the Bollinger Bands are rising, and the price has gradually stabilized above the middle track after the morning's pullback. We are optimistic about further recovery in the evening, so we can continue to buy on dips.
After a strong rise in the early morning cryptocurrency price to around 102500, it began to face pressure and decline. The lowest retracement was to around 99280, fluctuating with a space of over three thousand points. The bullish idea given yesterday also arrived at the expected level as anticipated. The target cryptocurrency price has rebounded from the bottom and is operating near 100200. On the Ethereum side, after touching the 3986 line last night, it also faced pressure and declined. In the early morning, it did not move higher again, with the lowest retracement to around 3835.
From the current overall market rhythm, if the relative price wants to continue to achieve a breakthrough rally, it must first go through a retracement correction phase, and then expand the upward space afterward. It can be seen that the entire market trend is not a one-sided upward movement, but rather a gradual upward push after a retracement, first undergoing fluctuations and then adjustments. The short-term movement is cyclical with back and forth retracements, and currently, we are in the short-term adjustment phase after the previous round of retracement, which is a natural process of exchanging time for space. In the morning, we can first look for a low buy after the wave retracement.
Today is also coming to an end, and the market trend has basically been one of a surge followed by a pullback. In the morning, the coin price experienced two rounds of surges before quickly pulling back. In the afternoon, the coin price showed a trend of fluctuating slowly downwards. For Ethereum, the morning was basically a one-sided upward trend, surging to the 3986 level before starting to fluctuate. Affected by the evening CPI, the market showed bullish momentum in the evening.
From the four-hour level, after the coin price surged to a high of 101880 in the early hours, it exhibited a three consecutive bearish pullback trend during the day, and in the evening, it shifted from bearish to bullish again, with a clear differentiation, and the bulls showed strength. We can participate in low buying at midnight.