Trader Eric: Yesterday, the trend was reversed again and stabilized and rebounded. This line has been drawn for a while and it is still valid. The daily lows and highs are rising, which is a standard bullish trend. Firmly believe in continuing to hold BTC longs and follow the trend to achieve something. 2024.4.11#比特币减半 $BTC

Trader Eric: I have waited for you for a long time! Today is a good day. Both BTC and gold have broken through. Gold has set a new record high. BTC is expected to set a new record high of $BTC in the next two days! BTC just stepped back on the support level of the previous two days, stabilized and rebounded. The longer the consolidation, the stronger the breakthrough. It has been consolidating for nearly a month. If this wave breaks through, 7.6w and 7.8w are just around the corner. 2024.4.8#新币挖矿 $BTC

BTC daily line, formed a stabilizing pattern on the key support line - Cross Morning Star. Failed to step below the shock range, and none of the previous orders of 63000-59000 were executed, what a pity! However, gold gave an unexpected surprise, rising sharply tonight and breaking through 2320. The two long orders of 2192 continue to hold, and there is a high probability of a gap-up opening next Monday. Domestic gold shops will increase gold prices again tomorrow! #非农数据 $BTC

Trader Eric: BTC daily chart is currently on the rising trend line. However, yesterday's negative line was quite strong, and it may continue to fall today. If it falls below the trend line, then according to yesterday's judgment, the downward support will be around 6.1w-6.3w. That is, near the lower boundary of the light green oscillation range. Today's strategy is to place long orders every 0.1w between 5.9w-6.3w. 2024.4.3#BTC $BTC

BTC daily line, today is the fourth time that it has stepped back on the daily line support. This position can either go long against the support line, or go short after falling below it. If the 6.6w line falls below, the lower support will be 6.1w-6.3w. 2024.4.2#BTC $BTC

ETH's counter-pressure line, this counter-pressure line has formed a resistance line 5 times since October last year, and was broken through during the strong unilateral rise of 2.26 this year. It rose above the resistance line and became a counter-pressure line, and then formed multiple supports. . At present, the support is still effective. If there is a stabilizing signal near the counter-pressure line, you can enter decisively. 2024.4.1$ETH

The one-hour chart of BTC is in the form of a triangle. The key pressure at the top is between 7.1w and 7.2w. There have been 4 effective blocks. The lower support has moved upward to the right, and 3 supports have been effective. Focus on the triangle breaking situation. If there is an upward breaking situation on the one-hour chart, then it will drive the four-hour level and the daily level will break up and rise. Continue to hold the currency and wait for it to rise! 2024.4.1#BTC $BTC

BTC continues to fluctuate and continues to gain momentum as judged last time. As the saying goes, the horizontal direction is as long as the vertical direction is as high. The longer the shock, the greater the breakthrough. Opportunities are always reserved for those who are patient! Gold has lived up to expectations. It broke through strongly last Friday and set a new all-time high again. The rise is crazy. Gold is so strong, 2 long orders have already made a profit of US$1.30,000! Generally, if the closing price on Friday closes at a high level, then the opening price on Monday morning will tend to surge higher. This is a characteristic of the gold market. Come on gold! Come on BTC! 2024.4.1#BTC $BTC

The east is not bright but the west is bright, BTC has turned into a shock, and gold surged yesterday and set a new all-time high again. BTC continues to hold the currency and is waiting to rise, while gold is reaping profits. This wave of breakthroughs in gold is indeed powerful. It directly rose above the upper boundary of the channel, then rebounded and stabilized. The breakthrough is now held by long orders! BTC is waiting for a breakthrough amid fluctuations, and it won’t take too long. 2024.3.29#BTC $BTC

On the four-hour chart of BTC, there is a head and shoulders bottom. What does it mean? It shows that there is a high probability that it will break through later, and it is always right to place a long order. Even if the head-shoulders-bottom pattern fails to adjust, it will most likely return to the light blue range. 59600-60700 is the low level of the previous two adjustments and is a key level. If this level does not fall below, you will still be long and continue to do long. 2024.3.28#BTC $BTC

Yesterday I posted the golden section retracement level of BTC. Let’s take a look at ETH’s today. Compare the difference between the two: BTC has adjusted a little less than 38.2%, but ETH has adjusted more than 50%. What is the problem? It means that although both are strong, BTC will be stronger and stronger than ETH. This is why I prefer to hold BTC. Of course, I understand why eggs should not be placed in the same basket, but in the end, both BTC and ETH are the same type of assets, and risk diversification actually requires cross-asset. #BTC

Average on-chain transaction volume is well below the peak of the 2021 bull run. As of Monday, Bitcoin’s seven-day and 14-day average trading volumes were below $200,000, a far cry from the $1 million and above seen during the 2021 bull run. From the perspective of technical analysis, the current rise in BTC is a shrinking increase. What is the difference between a shrinking increase and a heavy volume increase? Discuss in the comment area? #BTC $BTC

This daily unilateral rise in BTC started at 3.8w and reached a maximum of 7.3w. Generally, the retracement level calculated in a strong bull market is nothing more than the golden section line of 23.6%, 38.2%, and 50%. In the past few days, the adjustment was close to the 6w level of 38.2%, and the adjustment seems to be over. Continue to hold BTC and it will continue to break high in the near future. In addition, if it is adjusted to 6w, continue to buy BTC near 6.5w. The gold retracement is still valid in the cryptocurrency market, but the cryptocurrency market is more volatile and there may be short-term punctures. Welcome to communicate. $BTC

I bought gold bars from Qiantun when I went abroad last year. In the past few years, my most satisfying investments besides trading have been buying some gold and Bitcoin, but not stocks or houses. I can't sell the house even if it goes down. The agent hasn't called me for a long time. #BTC