$BTC $ETH #BTC要挑战7W大关了吗? Bitcoin is assisted in its next surge; will it break the 70,000 mark if it doesn't fall back? Aiming for a new high
Bitcoin is facing pressure from the trend, experiencing a short-term pullback. Currently, there is no sign of a bottom. In the market last Saturday and Sunday, we observed clear support around the 68,000 level. The key point below may still refer to this position. The weekly level closed with a large bullish candle last week, and the previous two weeks had long lower shadows, which are relatively bullish signals. It is recommended to continue entering on dips at most.
Bitcoin direction bullish: enter in batches at 67,800-67,000, target near 70,000, risk control average price 680 points
For Ethereum, we can see that after a clear trend support at the lower levels, the market has surged continuously. After breaking the 0.236 level of the Fibonacci retracement, there appeared a dense area of chips above, and the market again made a supplementary rise. From the upward trend, the current high point's resistance may refer to around 2,850. Overall, the market may still consider pulling back to the lower chip area for long positions.
Ethereum direction bullish: enter in batches at 2,680-2,650, target above 2,800, risk control average price 2,630 points
Once again, it is emphasized that no matter how confident you are in your future market judgment, always manage your take profit and stop loss.
In investing, everyone has their own different experiences and stories. As long as you are good at summarizing, overcoming weaknesses of greed or fear in your character, and developing correct investment thinking and good operating habits, one day you will leave behind your own wonderful investment story.
$BTC $ETH #9月美国CPI实现6连降 Bi Jinyan: The news on October 11 caused a decline. Can it test the stabilization and upward surge for the second time?
The market fell back in a short range under the influence of yesterday's CPI and US unemployment data. Technically, the price rebounded after breaking the golden section of 0.5%. After the test, it went down for a while, but did not fall down again. At present, from the perspective of the daily line, the market performance is still relatively optimistic. In yesterday's closing, it can be clearly seen that the lower line closed with a long lower shadow, which means that there is a strong selling pressure below. Consider stepping back in operation and continue to enter long orders.
Big pie operation suggestion: enter the market in batches to do more at 58800-58300, risk control 58000, target 60500-61000 range
Second pie operation suggestion: enter the market in batches to do more at 2345-2320, risk control 2305, target 2450-2480 range
Again, no matter how high your judgment of the future market is, you must take profit and stop loss well.
In investment, everyone has their own different experiences and stories. As long as you are good at summarizing, overcome the weaknesses of greed or fear in your character, and develop correct investment ideas and good operating habits, then one day, you will leave your own wonderful investment story.
$BTC #大A香还是大饼香 Bi Jinyan: Can the long and short key positions below 10.9 support it? If it is not broken, enter the market and do more
After the Federal Reserve announced the interest rate cut, the market of Bitcoin has been rising all the way. The highest reached around 66,500. In the case of the recent crazy rise in the stock market, our currency circle has fallen back by a large margin. We have made a simple analysis of this. When the economy is good, A shares have soared, on the contrary, our currency circle has fallen back. Is it possible that the flow of funds in the currency circle has gone to A shares, causing our Bitcoin to fall back? I think this possibility is very high. Back to Bitcoin four hours, from the current technical level, the entire market is in the shock consolidation after the bull market. We have split the market into the golden section. The information price given by the market has reached the key position of 50% of the long and short ratio. So the current market needs to focus on whether this position can be supported, or broken. According to the market trend, I personally still consider going long at this position. In terms of operation, only if this position does not fall, then you can consider entering the market.
Big Pie operation suggestion: enter the market in batches to go long at 61300-60700, risk control at 60400, target 63500-64000 range
Again, no matter how high your judgment of the future market is, you must take profit and stop loss well.
In investment, everyone has their own different experiences and stories. As long as you are good at summarizing, overcome the weaknesses of greed or fear in your character, and develop correct investment ideas and good operating habits, then one day, you will leave your own wonderful investment story.
#美联储宣布降息50个基点 $BTC $ETH Cake is expected to fall in the short term. Can the bulls continue to exert their strength after touching the key position below?
After the Fed announced a 50 basis point interest rate cut, the price of Cake went up all the way, reaching a high of around 64700 before falling under pressure. We have been wondering whether the Fed's 50 basis point interest rate cut has been fully digested in this wave of favorable increases? Technically speaking, there is a relatively obvious pressure level at the golden section of 0.618 above. It does not have the most direct conditions. At present, it may be used as a reference in the short term. If it does not fall below the golden section of 0.5, it will choose to enter the market and go long.
Cake suggestion: enter long orders in batches at 61400-60600, target 63500-64000 range, risk control 60100
The second cake is actually stronger than the big cake. In the process of rising, it did not drag like a serious illness. After rising to around 2700, it fell back. We have been emphasizing this in the early stage. Whether there will be a chance for Erbing to make up for the rise, the current market performance is in line with our expectations, but it also exceeds our expectations. Ether's current thinking is to choose to test the golden ratio 0.236 after the callback and continue to enter the market to do more.
Erbing suggests: enter the market in batches at 2560-2230, reduce the position at 2700, and the final target is around 2820, with risk control at 2515
Again, no matter how high your judgment of the future market is, you must take the stop profit and stop loss well.
In investment, everyone has their own different experiences and stories. As long as you are good at summarizing, overcome the weaknesses of greed or fear in your character, and develop correct investment ideas and good operating habits, then one day, you will leave your own wonderful investment story.
After the rate cut, the market did not show mindless bulls. Consider high-short and low-long today.
After the Fed announced the rate cut, the market rose to a certain extent, but there was no mindless rise. So has the market gone ahead of expectations with this 50 basis point rate cut? The Bank of Japan originally announced its interest rate decision today, but it was postponed. In terms of news, the only reference at present is the Fed's rate hike. From a technical perspective. The big cake broke through the golden section 0.5 key position of this round of high and low fluctuations. The short-term trend is still biased towards bulls with the Fed's rate cut. However, there was no test of downward retracement. In terms of intraday operations, it may still be recommended to enter the market and go long after the retracement. The idea is to continue yesterday and give an opportunity to place orders. Those who are interested can refer to it for themselves.
Big cake order:
61300-60500 long in batches, risk control 60100, target 64300
64600-65400 short in batches, risk control 65700, target 62000
Second cake order:
2390-2370 long in batches, risk control 2355, target 2550
2570-2590 short in batches, risk control 2612, target 2450
Again, no matter how high your judgment of the future market is, you must take the stop profit and stop loss well.
In investment, everyone has their own different experiences and stories. As long as you are good at summarizing, overcome the weaknesses of greed or fear in your character, and develop correct investment ideas and good operating habits, then one day, you will leave your own wonderful investment story.
The Bank of Japan has cancelled the interest rate decision to be announced at 11 o'clock tomorrow. So there is no other news impact at present. Can the Fed's unexpected interest rate cut start the bull run? We still need to pay attention to the news from the Bank of Japan. Although the information is still to be announced, we still can't take it lightly. Looking back at history, there was a wave of global turmoil in the early stage. It was caused by Japan's interest rate hike. During this period, stock market futures including our digital currency were affected. There was a plunge. Recently, we should pay attention to the dynamics of the Bank of Japan's interest rate decision.
Bitcoin order:
61300-60500 long in batches, risk control 60100, target 64300
64600-65400 short in batches, risk control 65700, target 62000
Ether order:
2390-2370 long in batches, risk control 2355, target 2550
2570-2590 short in batches, risk control 2612, target 2450
Again, no matter how good your judgment of the future market is, you must take profit and stop loss. #美联储宣布降息50个基点
Yesterday, the entire network publicly disclosed that Bitcoin and Ethereum made long double profits. Bitcoin gained up to 2,200 points. Ethereum currently has a profit of 100 points and is being held.
Yesterday, Bitcoin suggested: enter long orders in the 59,600-59,100 range, target around 61,800, risk control 58,800, enter long orders in the 2,300-2,280 range for Ethereum, target 2,450 to reduce positions and hold the final target to around 2,550, risk control 2,265. Last night, the Federal Reserve announced a 50 basis point rate cut. Bitcoin and Ethereum rose as expected. We entered the market at the lowest point. In the morning, Bitcoin accurately reached our target point of 61,800, and successfully stopped profit with a profit of 2,200 points. Currently, Ethereum has a profit of 100 and has not reached our stop profit point. Conservative friends can stop profit first. I personally will still hold our long orders for Ethereum. Waiting to reach the current point. Today, focus on the interest rate decision of the Bank of Japan. $BTC $ETH
The Fed's interest rate cut has been implemented. The Bank of Japan announced its interest rate decision today. Will there be a two-level reversal in the market?
The Fed announced a 50 basis point interest rate cut and the market rose as expected. For the current news, it is definitely a favorable situation overall. But looking back at history, there was a wave of global turmoil in the early stage. It was caused by Japan's interest rate hike. During this period, stock market futures including our digital currency were affected. There was a sharp drop. Today, the Bank of Japan announced its interest rate decision again. At present, this news is more critical. If the Bank of Japan announces another interest rate hike, the market may fall again, and the previous positive may be broken. Today, we will focus on the interest rate decision of the Bank of Japan. If there is no interest rate hike, then consider stepping back and continuing to go long.
Collecting rice again, yesterday Ethereum opened two orders and Bitcoin opened one order. Currently, the Ethereum order is still being held. Bitcoin has made a profit of 2000 points and has been closed out. Ethereum is currently at 100 points. Congratulations to friends who keep up $BTC $ETH #美联储宣布降息50个基点
$BTC $ETH #美联储利率决议公布在即 Can the Fed's interest rate decision give a rate cut and help Bitcoin to hit the bulls again?
Bitcoin bulls once again hit 61,300 and then there was a short-term correction. The current strong support level below is around 59,600. The Fed's interest rate decision will be announced at 2 a.m. tomorrow. The expectation of rate cuts has been emphasized in the early stage. Can it be implemented tonight? Help the bulls rise. I am still optimistic about the correction and continue to go long during the day.
Bitcoin suggestion: enter long orders in the 59,600-59,100 range, target around 51,800, risk control 58,800
Compared with Bitcoin, Ethereum is weaker. Yesterday, Bitcoin rose. Ethereum chose to fall back. At present, Ethereum has formed an upward trend line. Can the price continue to fall back? Test this trend line to start rising. Ethereum is currently in a weak trend. Will there be an opportunity for a rebound?
Erbing recommends: enter long orders in the 2300-2280 range, reduce positions at 2450, and hold the final target at around 2550, with risk control at 2265
Again, no matter how high your judgment of the future market is, you must take profit and stop loss.
In investment, everyone has their own different experiences and stories. As long as you are good at summarizing, overcome the weaknesses of greed or fear in your character, and develop correct investment ideas and good operating habits, then one day, you will leave your own wonderful investment story.
I will place two orders in the evening, and I also wish everyone a happy Mid-Autumn Festival in advance. The moon is particularly round when the Mid-Autumn Festival comes, the festival is joyful and reunited, the good wishes are constantly sent, and the happy life will always accompany you.
Order suggestion: enter the long orders in batches at 58500-58000, the target is around 60500, and the average risk control price is 600 points
Order suggestion: enter the short orders in batches at 61100-61600, the target is around 59500, and the average risk control price is 600 points
Once again, no matter how high your judgment of the future market is, you must take the stop profit and stop loss well.
Remember that becoming a profitable trader is a journey, not a destination. There is no trader in the world who only wins and never loses. Try to trade better every day and get pleasure from your own progress. Concentrate on learning the skills of technical analysis and improving your trading skills, instead of just focusing on how much you win or lose in your trading. $BTC #美联储利率决议公布在即
$BTC $ETH #美降息25个基点预期升温 Yesterday, Bitcoin reversed again and showed a stabilization signal. Consider a pullback and long position in the short term
Bitcoin falsely broke through yesterday and rebounded and tested, then went down, and then reversed again. At present, we see that Bitcoin reversed and tested the trend line, including 0.382. Stabilization model appears, so the bulls have certain demand. Consider a pullback to take more in the short term.
Bitcoin suggestion: enter long orders in the 57600-57200 range, target around 59200, risk control 56900
Ether's overall trend yesterday. It was very similar to Bitcoin. After testing the pressure around 2400, the market fell all the way. In the test of the previous downward trend line, the entity did not fall below, and the current support and resistance exchange was formed. Consider a pullback to take more in the short term.
Erbing suggests: enter long orders in the 2345-2325 range, target around 2400, risk control 2315
Again, no matter how good your judgment of the future market is, you must take profit and stop loss.
In investment, everyone has their own different experiences and stories. As long as you are good at summarizing, overcome the weaknesses of greed or fear in your character, and develop correct investment ideas and good operating habits, then one day, you will leave your own wonderful investment story.