Trader Liangqiu: 11.3 Bitcoin/Ethereum Evening Trading Strategy with Market Analysis
Bitcoin/Ethereum experienced fluctuating declines over the weekend, with Bitcoin even briefly falling below the 68000 level. It is currently oscillating around 68300. If the market falls below 68000 without stabilizing, it will lead to a new round of decline. As mentioned several times before, the range from 68000 to 68500 is a very important position for multiple rounds of top-bottom conversion. The recent Bitcoin candlestick patterns have shown a clear downward trend, especially with significant declines over the past few days, forming a long bearish candlestick. In the 4-hour timeframe, after a high-level pullback, there has been some oscillation and consolidation, but overall it remains in a downward channel.
In terms of technical indicators, the current MACD histogram is negative and continuously expanding, with both DIF and DEA diverging downwards, indicating strong bearish momentum. However, the Bollinger Bands on the four-hour level have begun to contract, showing signs of market stabilization. It remains to be seen whether 68000 and 2420 can truly stabilize and form a rebound. A rebound does not mean a reversal, so attention should be paid to the transition between long and short positions, especially with the upcoming news events that require careful position management and trading strategy. After the downward movement, attention should be paid to the resistance at the MA moving averages, specifically the 7-day and 10-day moving averages at 70300 and 2560 levels.
For evening operations, enter long positions for Bitcoin around 67800 to 68200, with a stop loss at 67400 and a target near 69600; for Ethereum, enter long positions around 2420 to 2450, with a target near 2520 and a stop loss at 2410. The content of this publication is effective, and specific guidance will be provided in real-time. #你问我答 #美国大选后行情预测 #美国大选后涨或跌?