Market analysis on November 15, 2024
Daily chart of Bitcoin
Pressure level around 90,000
Support level around 84,000
Bitcoin started to pull back yesterday, and finally did not continue to hit the high point, but it is still above the 5-day line. If there is a rebound today, you can short appropriately. This wave of sideways correction may continue for a while. This correction is for a better rise. The big trend is definitely still an upward trend. Now it is just a temporary correction. You can't chase high under any circumstances. You must keep it in mind. The pressure level given today is around 90,000. If you can reach this position, you can make a short order appropriately. The position should not be too large. The support level is placed around 84,000. After the short order is closed with profit, don't open a long position. In the past two days, it must be a rebound short. I wish you all a happy Friday.
Ethereum daily line
Pressure level around 3130
Support level around 2940
Ether continued to pull back yesterday, and the lowest reached the 10-day line of 3028. The support level we gave yesterday was around 3050. If you have a long order, remember to lock in profits if there is a rebound today. There will still be shocks and pullbacks today. Tomorrow is the weekend, and the market may not fluctuate much. So if there is a profit today, remember to lock in profits. Don't be afraid of Ethereum's pullback. Every pullback is an opportunity to go long. If it can really pull back to around 2800, you can go long boldly. I wish you all a happy Friday.
The above information is for reference only and is not an investment advice.

Market analysis on November 14, 2024
Daily line of Bitcoin
Pressure level near 93,000
Support level near 87,000
Bitcoin hit a new high yesterday and created history again. The highest level reached near 93,263, getting closer and closer to the big target of 100,000 US dollars. Yesterday, it exceeded expectations again. The pressure level given yesterday was near 90,000, which was strongly broken. This round of Bitcoin has been missed. Don't chase high. It's better to miss it than to chase high. At least you can guarantee that the principal will not be lost. You can keep a small short position at a high level for a long time. The position should not be too large. Anyway, the option will not explode. Today's support level is near EMA5 daily line 87,000. You can do long here for a long time. The big trend is still upward. The market has fluctuated greatly recently, which is more suitable for long and short opening. If there is a profit, stop profit and make a profit. As long as the fluctuation exceeds 3%, both long and short will make a profit. It is also an advantage of options. I wish you all a happy life on Thursday. Ethereum daily line
Pressure level near 3330
Support level near 3050
Yesterday, Ethereum first pulled back and then rebounded, and the highest rebound reached near 3330, which is also near today's pressure level. Today's support level is near 3050 of the daily EMA10 daily line. Every pullback of Ethereum is an opportunity to go long. You can go long boldly and don't open short easily. There is still a lot of room above Ethereum. Ethereum 12-hour MACD has a tendency to form a dead cross. Let's see if a dead cross can be formed in the next two days. Even if a dead cross is formed, don't go short when it falls. Wait until it falls to the support level and go long boldly. The idea of ​​doing orders is to go long at a low price. If you have a short order, stop profit. Don't be greedy. I wish you all a happy life on Thursday.
The above information is for reference only and is not an investment advice.

Market Analysis on November 13, 2024
Bitcoin Daily
Resistance Level Around 90,000
Support Level Around 84,000
Yesterday, Bitcoin once again set a new high, reaching a maximum of 89,970, just a step away from 90,000 US dollars. The resistance level we provided yesterday was also around 90,000, which was in line with expectations. It's not advisable to chase higher prices at this position. Yesterday, Bitcoin fluctuated more than 5.5%, and there was a liquidation in the contract market of 752 million US dollars, with long positions accounting for 63.54%, reaching 478 million US dollars, and short positions accounting for 36.46%, 274 million US dollars. Bitcoin may hover around 90,000, and the trend remains upward. The target before the end of the year is 100,000 US dollars; we just need to see when it can break through. The trading strategy is to buy on dips and avoid chasing highs. Those who shorted around 89,000 yesterday made profits, and one should always take profits and not be greedy. Wishing everyone a happy Wednesday.
Ethereum Daily
Resistance Level Around 3,400
Support Level Around 3,180
Yesterday, Ethereum rebounded to a maximum of 3,442 but quickly retraced. 3,400 remains an important resistance level, and today’s resistance is still set around 3,400. After a week of consecutive increases, it should take a break. The first support level is around 3,180, and the second support level is around 3,030. Those who are more aggressive can consider going long around 3,180, with good position control and not too large. Ethereum has great potential for the future, and there's still a lot of room for growth. Of course, one can also short around 3,400, but the requirement is to be quick in and out, avoiding greed. Always take profits when available. Wishing everyone a happy Wednesday.
The above information is for reference only and should not be considered as investment advice.

Market Analysis on 2024.11.12
Bitcoin Daily
Resistance Level: around 90000
Support Level: around 83000
Bitcoin has been hitting new highs every day, and it surged 11% yesterday, reaching a peak of 89575. Such a market is hard to come by, but most people can't hold on, including myself. The rise is so overwhelming that it makes one anxious and question life, and there hasn't been even a slight pullback. This wave has completely missed the opportunity. I've previously mentioned that I'd rather miss out than chase the highs. Yesterday, I actually opened a short position at 81300, luckily it was options, so there was no risk of liquidation, just a loss of a day's premium. If it were a contract, it would definitely have liquidated to zero. The recent market has been extreme; when it rises, I don't want to chase it, and when I short it, it doesn't pull back. In fact, the more people short, the less likely a pullback is. This is human nature! During a bull market, one must leave a long position; otherwise, it's easy to miss out. Let's see if there can be a pullback today, with the support level set around 83000. Today, I will still try to take a short position, anyway, it's perpetual options, so there won't be liquidation. I'll just wait for it to pull back. For those who have profits, remember to take them, and congratulations to those who have made gains. Wishing everyone a profitable Tuesday with smiles.
Ethereum Daily
Resistance Level: around 3550
Support Level: around 3180
Ethereum was affected by Bitcoin yesterday, rebounding to around 3387, approaching an important resistance level, which is also the resistance level for this week. Recently, Bitcoin and Ethereum have been taking turns to rise without any breaks. Ethereum will definitely catch up as Bitcoin is already near 90000, while Ethereum is still 1500 points away from its previous high! This is abnormal. Missing out on Bitcoin, I hope the brothers don’t miss out on Ethereum. Ethereum is still at a low level, and there is still considerable room for growth. It would be best to wait for it to pull back to the EMA 5-day line around 3180. For those with profits on short positions, remember to take them, don't be too greedy. In a bull market, look bearish but don’t short. Wishing everyone a profitable Tuesday with smiles.
The above information is for reference only and not investment advice.

Market Analysis on 2024.11.11
Bitcoin Weekly
Resistance around 85000
Support around 74500
Bitcoin Daily
Resistance around 81500
Support around 77600
Last week, after the U.S. election where Trump was elected president, Bitcoin experienced a significant surge, strongly breaking through the previous high of 73777, reaching a new high near 81500. Last week, Bitcoin rose by 21%, and this week may see a correction. The weekly resistance level is set around 85000, with support around 74500. Many people are waiting to enter the market, hoping to get an opportunity. The daily resistance is at the high point of 81500 yesterday; this position should not be chased for a high entry, but rather wait for a pullback to go long. The first support level is around 78000. The trading strategy is to buy low. If there are short positions with profits, be sure to take profits. The bull market has arrived; minimize shorting and trade in the direction of the trend. It is recommended to only take trend trades, and I wish everyone a successful start to Monday [Fist Bump][Fist Bump][Fist Bump]
Ethereum Weekly
Resistance around 3400
Support around 2850
Ethereum Daily
Resistance around 3250
Support around 3050
Ethereum was even more dramatic last week, directly surging by 36%. Either there is no rebound or there is a significant rebound. Ethereum truly deserves to be the leader of altcoins. The MACD at the weekly level has formed a golden cross, which we have long awaited, and the EMA has also strongly broken through the lifeline near 2820. The weekly resistance level is set around 3400, with support around 2850. I hope to see a retest near the lifeline at 2850. Each pullback in Ethereum is an opportunity to go long. Ethereum has been very strong recently; minimize shorting. The daily level has not retested the 5-day line for 4 consecutive days; hopefully, today it can retest around 3050. The trading strategy is to buy low. If it can truly pull back to the weekly lifeline at 2850, one can boldly go long, but do not go all in. Always consider the risks first, manage your position well, and if there are profits on short positions, be sure to take profits quickly. I wish everyone a successful start to Monday [Fist Bump][Fist Bump][Fist Bump]
The above information is for reference only and does not constitute investment advice.

2024.11.10 Market Analysis
Bitcoin Daily
Resistance Level Around 77500
Support Level Around 75000
Yesterday, the Bitcoin market fluctuated little over the weekend, which was expected, with an ups and downs of only 1.5%, and it did not break through the 77000 level. The closing yesterday was a small doji star, and it reached a high position, which may indicate a change in trend. At this time, do not chase the high; it is better to miss the opportunity than to chase high prices. If you have no positions today, you can appropriately open a short position around 77000, but be careful not to have too large a position. The trading strategy is to buy low and wait for a pullback; it won't keep rising. The bull market has arrived, but the bull market will also frequently show downward spikes. Every time there is a downward spike is a time to buy. Remember, whether you are in a long or short position, if you have profits, be sure to secure them and not be greedy. Remember to take profits. Wishing everyone a pleasant weekend [拳拳][拳拳][拳拳]
Ethereum Daily
Resistance Level Around 3200
Support Level Around 2960
Ethereum is quite wild and unpredictable; it seems that what you fear will come true. This week, I noticed that Ethereum has risen by 32%, and yesterday on the big weekend, it rose another 6.88%. Ethereum is becoming abnormal; I really did not expect it to be so difficult to break through 2800. Breaking through 3000 seems like a game; it shot up instantly without hovering around 2800. Brothers, do not easily short Ethereum; the more you short, the harder it is to go down. Ethereum has been quite unpredictable recently. Observe more and operate less; wait for a pullback to buy. If you have profits, remember to secure them and not be greedy. Wishing everyone a pleasant weekend [拳拳][拳拳][拳拳]
The above information is for reference only and does not constitute investment advice.

Market Analysis on November 9, 2024
Bitcoin Daily
Resistance Level: Around 77500
Support Level: Around 74500
Yesterday, Bitcoin reached a new high again at 77179, but the increase was not significant, and it did not reach our resistance level of around 77500. Today is the weekend, and the market will likely remain sideways. It hasn't touched the 5-day moving average for two consecutive days now; I hope it can touch the 5-day moving average today, which is also today's support level around 74500. It's a good time to rest over the weekend; it’s best not to open any positions today. Whether long or short, there is premium for options, and the small fluctuations cannot cover the premium. It’s better to rest well, and the trading strategy is to buy on dips. Recently, do not chase highs. If you have short positions with profits, remember to enter and exit quickly; do not be greedy and aim to secure profits. Wishing everyone a pleasant weekend [folded hands][folded hands][folded hands]
[folded hands][folded hands][folded hands]
Ethereum Daily
Resistance Level: Around 3000
Support Level: Around 2840
Ethereum saw another wave of increase yesterday, reaching a maximum of 2981. The resistance level we provided yesterday was 3000, which was also in line with expectations. Today is the weekend, and the market may not fluctuate much, so the resistance level remains around 3000. This weekend is likely to be sideways, with the support level set at the EMA 5-day moving average around 2820. Today, it is not recommended to trade, whether long or short; just take a good rest. The trading strategy is to buy on dips. This wave of Ethereum's rebound is very strong, and it won't surge up immediately. As long as it pulls back to around 2820, feel free to go long. Wishing everyone a pleasant weekend [folded hands][folded hands][folded hands]
The above information is for reference only and should not be considered as investment advice.

Market Analysis on November 8, 2024
Bitcoin Daily
Resistance level around 77500
Support level around 74000
Yesterday, Bitcoin broke through its high point again, reaching a maximum of 76848. Today, there may be a new high. Actually, Bitcoin didn't fluctuate much yesterday; we provided a resistance level around 76500. Bitcoin is consolidating while Ethereum is surging. We hope for a pullback today, with the support level set around 74000. Yesterday, the news from the Federal Reserve indicated a 25 basis point rate cut, which basically met market expectations. Today is also Friday; remember to take profits when they are available, securing gains is important. Risks are realized during upward movements, avoid chasing highs. A pullback is expected next week, and the market may consolidate over the weekend. Wishing everyone a happy and joyful Friday [fist bump][fist bump][fist bump]
Ethereum Daily
Resistance level around 3000
Support level around 2750
Ethereum surged crazily yesterday, this round of increase is more intense than Bitcoin, likely a catch-up rally. The resistance level of 2820 provided yesterday was easily surpassed. As long as it breaks through and holds above 2820, there is really a lot of room above. Today's resistance level is around 3000, with a long-term resistance level around 3400. It has already risen for 2 consecutive days; this is how the market works: the more it rises, the more shorts are opened, and the more shorts that are opened, the less it can drop. A bull market has arrived, try to remain bearish without shorting. Every pullback is an opportunity to go long. Remember to secure profits when available, wishing everyone a happy and joyful Friday [fist bump][fist bump][fist bump]
The above information is for reference only and does not constitute investment advice.

2024.11.7 Market Analysis
Bitcoin Daily
Resistance Level Around 76500
Support Level Around 72500
Yesterday, Bitcoin broke through the previous high of 73777, reaching a peak around 76388, strongly breaking the previous high. This is a memorable day, as Bitcoin surged 10% yesterday, which can be considered an extreme market condition. This time, the short positions have been largely cleared. Yesterday, the derivatives market saw liquidations of 567 million USD, with short positions accounting for 69.92%, resulting in liquidations of 397 million USD. At this point, everyone should avoid chasing highs, and those with long positions should take profits in a timely manner to secure gains and prevent losses from a potential drop in long positions. A pullback is likely to occur, and each pullback presents an opportunity to go long. Yesterday's surge was also closely related to news, as Trump was re-elected overall in the United States, and he is relatively friendly towards the crypto market. We also hope that his speeches at the Bitcoin conference will be implemented soon. The trading strategy is to buy low and go long, and for short positions, take profits in a timely manner; do not be greedy with short positions, and aim for quick entry and exit. Wishing everyone a pleasant Thursday [拳拳][拳拳][拳拳]
Ethereum Daily
Resistance Level Around 2820
Support Level Around 2600
Ethereum also strongly rebounded alongside Bitcoin yesterday, directly reaching the weekly lifeline of 2750, which is also Ethereum's resistance level. If it can break through and stabilize at this position this week, then there is a significant upward space for Ethereum. If it cannot break through, a pullback will still be necessary. However, with Bitcoin strongly breaking through its previous high, Ethereum is likely to break this resistance level this time. The trading strategy for Ethereum is to buy low and go long, and each pullback is also an opportunity to go long. Looking at the weekly level, we hope to see a golden cross form next week. We look forward to an early formation of the golden cross. The daily level for Ethereum has already formed a golden cross, and looking at today's pullback strength, it is difficult to retest the EMA 5-day line near 2600. If it really pulls back to 2600, boldly go long. For those with short positions, remember to secure profits. For those shorting, be sure to remember to enter and exit quickly. Wishing everyone a pleasant Thursday [拳拳][拳拳][拳拳]
The above information is for reference only and should not be considered as investment advice.

Market Analysis on November 6, 2024
Bitcoin Daily
Resistance Level around 71500
Support Level around 67500
Yesterday, Bitcoin rebounded to around 70500, directly breaking through the resistance level of 69000, which should be related to news events. Today at noon, the results of the U.S. election will be announced, and there may be greater fluctuations today, so always be mindful of the risks. From a technical perspective, a golden cross has formed on the 6-hour chart, and there is also a possibility of a golden cross forming on the 12-hour chart. It is best to remain cautious today; if a downward spike occurs, one can enter the market to go long. Regardless of who is elected president, it will be beneficial for the cryptocurrency market in the long run, though there may be significant short-term fluctuations. The overall trading strategy is to buy low and sell high; take profits and do not be greedy, securing profits for safety. Wishing everyone a happy and joyful Wednesday [fist bump][fist bump][fist bump]
Ethereum Daily
Resistance Level around 2510
Support Level around 2360
Yesterday, Ethereum also broke through the resistance level of 2450, rebounding to around 2480. Ethereum experienced a downward spike yesterday, and today it may be even more severe. The 6-hour chart for Ethereum has also shown a golden cross, and we hope the 12-hour chart will form a golden cross soon. It is advisable to remain cautious today; if a downward spike occurs, one can boldly go long. Overall, Ethereum remains relatively weak, and its rebound speed lags behind Bitcoin, but its rebound potential is large. We just hope Ethereum's weekly chart forms a golden cross soon. Remember to secure profits and not be greedy. Wishing everyone a happy and joyful Wednesday [fist bump][fist bump][fist bump]
The above information is for reference only and does not constitute investment advice.

Market Analysis for November 5, 2024
Bitcoin Daily Chart
Resistance Level around 68900
Support Level around 66500
Yesterday, Bitcoin rebounded to a maximum of 69499 and then began to pull back, reaching a low of 66822. The resistance level we provided yesterday was around 69500, which was in line with expectations. Yesterday, it already retraced to the lifeline around 67200. The EMA 5-day line crossed below the EMA 10-day line, forming a death cross. Today's trading strategy is to short on the rebound, with the best position being around 68900, where you can try to take a short position. In terms of news, we still need to pay attention to the US elections; today and tomorrow are crucial. The market makers will seize this opportunity for both long and short setups. Even if Trump is elected president, when most people think the market will start to rally, will the market makers suddenly plunge down? This week is highly likely to remain in a volatile downward trend, with most large funds still on the sidelines. Now, regardless of being long or short, if there is profit, take it and don’t be greedy. Make sure to secure your gains. Wishing everyone a profitable Tuesday with smiles [Fist Bump][Fist Bump][Fist Bump]
Ethereum Daily Chart
Resistance Level around 2450
Support Level around 2310
Ethereum rebounded to a maximum of around 2491 yesterday, but did not reach our provided resistance level of around 2520, indicating that Ethereum is still relatively weak. It rises slowly and falls faster. Yesterday, it briefly broke below the support level of 2380, and today’s support level is set at the previous low of around 2310. If Bitcoin continues to pull back, Ethereum will likely fall as well. You can short around 2450. Regardless of being long or short, if there is profit, take it and don’t be greedy. Wait for opportunities. The overall trend is definitely upward, but it still needs time, waiting for the appearance of a golden cross on the weekly chart. Wishing everyone a profitable Tuesday with smiles [Fist Bump][Fist Bump][Fist Bump]
The above information is for reference only and should not be considered as investment advice.

Market Analysis on November 4, 2024
Bitcoin Weekly
Resistance around 73777
Support around 66000
Bitcoin Daily
Resistance around 69500
Support around 67200
The weekly closing of Bitcoin has a relatively long upper shadow and is near the downtrend line at 69000. This week, there is a high probability of a pullback. The support level is set near the weekly EMA 10-day line at 66000, and a death cross has appeared on the daily level, indicating that the pullback has not yet completed. The daily support level is set near the lifeline at 67200. In terms of news, pay attention to the situation of the US elections, as market sentiment can be easily affected by news, leading to significant volatility. When there are profits, it is essential to secure them and not to be greedy. Wishing everyone a profitable Monday [抱拳][抱拳][抱拳]
Ethereum Weekly
Resistance around 2760
Support around 2310
Ethereum Daily
Resistance around 2520
Support around 2380
Overall, Ethereum is still very weak. Last week, it touched a low of 2411. The support level we provided last week was 2400, which was still in line with expectations. This week's support level is set around 2310, and the daily level still shows a death cross. The resistance level is set around 2520, and the support level is near the previous low at 2380. Overall, Ethereum is still in a volatile market. The trading strategy is to buy low. Given the recent large fluctuations in the market, it is crucial not to be greedy. When there are profits, take them promptly to ensure safety. Wishing everyone a profitable Monday [抱拳][抱拳][抱拳]
The above information is for reference only and should not be considered as investment advice.

Market Analysis for November 3, 2024
Bitcoin Daily
Resistance level around 70000
Support level around 68500
Yesterday, the weekend market fluctuated very little, which was in line with expectations. It was not recommended to trade yesterday. The daily close was a small doji, and a death cross formed at the daily level, suggesting there should be a correction; it just depends on the strength of the pullback. The major support level is placed near the lifeline of 67200, and today's support level is set around 68500. Since today is the weekend, the fluctuations may not be too large. If there is a rebound to the resistance level near 70000 today, a short position can be considered. In terms of news, the US election is approaching, creating too much uncertainty, so positions must be well controlled. Do not be greedy. When there are profits, regardless of long or short, it is important to secure them. Wishing everyone a pleasant weekend [拳头][拳头][拳头]
Ethereum Daily
Resistance level around 2540
Support level around 2450
Yesterday, Ethereum's fluctuations were also not too large. Overall, it was in line with expectations, hovering and oscillating around 2500. Today's pressure level is set at the lifeline of 2540, and the support level is around 2450. If there is a rebound to the resistance level near 2540 today, it may be worth attempting to take a short position. The larger trend is still expected to oscillate between 2400-2800. Those without long positions can consider taking a long position near the support level. Until the election is determined, there is still too much uncertainty, and at this time, one must not be greedy. If there are profits, it is best to exit, or wait until after the election to determine the direction before trading. Wishing everyone a pleasant weekend [拳头][拳头][拳头]
The above information is for reference only and should not be considered as investment advice.

Market Analysis on November 2, 2024
Bitcoin Daily
Resistance around 70500
Support around 68500
Yesterday, Bitcoin had a significant surge at 8 PM, reaching a peak around 71600, likely due to market news. Prices rose quickly and fell even faster. As I've emphasized repeatedly, there will be considerable fluctuations before the elections. If you have profits, do not be greedy; it is essential to secure your gains. Yesterday, we provided a resistance level around 71000, and shorting near that resistance was still profitable. Congratulations to those who followed along yesterday. Today, the weekend market may not fluctuate much, so everyone should take a good rest and not trade today. If it retraces to around 68500, it could be a good opportunity for long positions! Wishing everyone a pleasant weekend [fist bump][fist bump][fist bump]
Ethereum Daily
Resistance around 2550
Support around 2450
Ethereum bounced back to a peak of around 2586 yesterday. The resistance level we provided was around 2560, and those who shorted near that resistance made decent profits. Today, the weekend market may not see much fluctuation, so everyone should take a good rest and can choose not to trade today. It is still advisable to keep a long position in Ethereum, as there is a high chance of a golden cross forming within the next two weeks. I remain optimistic about Ethereum seeing a significant surge in the future. My trading strategy is to buy low. Wishing everyone a pleasant weekend [fist bump][fist bump][fist bump]
The above information is for reference only and should not be considered as investment advice.

Market analysis on November 1, 2024
Big Pie monthly line
Pressure level around 80,000
Support level around 66,000
Big Pie daily line
Pressure level around 71,000
Support level around 68,500
Big Pie had a pullback last night, or it can be said to be a downward pin. I have been emphasizing that you cannot chase high prices. Don’t chase high prices under any circumstances. Risks come from rising prices, and opportunities come from falling prices. It is possible that it will continue to fall back today. The support level is placed near the 12-hour lifeline, around 68,500. Yesterday, in fact, It fell below the support level of 71000 that we gave, which was beyond our expectations. Every downward spike is an opportunity to go long. It would be best if it could pull back to around 68500. You can make a proper long order, but control your position well and don't make it too large. Today is also the first day of November. This month, there is a high probability that it will break through the previous high and reach a new high. Only if it can break through and stand firm on the previous high, it will continue to hit the 80000 position. The idea of ​​doing orders is to go long at a low point. The general trend is still upward. By the way, I wish you all a happy Friday [fist][fist][fist [Quick]
Ether monthly line
Pressure level around 2800
Support level around 2100
Ether daily line
Pressure level around 2560
Support level around 2450
Ether monthly MACD has a dead cross, the overall market of Ethereum is still very weak, the big monthly pressure level is still around 2800, and the monthly support level is around 2100. If Ethereum wants to really rise, it must break through the pressure level of 2800. This pressure level will be lost if it is attacked for a long time. It is just a matter of time. Let's see whether the weekly level can be formed in the middle of this month. It has formed a golden cross. I hope that the weekly level will form a golden cross soon. The daily level has an oil leak pattern in the air. It should still be adjusted back. Today's support level is around 2450. You can also go long at this position around 2450. Those who want to go short should not be anxious. Wait for it to rebound to around 2560 today. You can go short for a long time. The market has fluctuated greatly recently. Remember to lock in profits when you have them. No matter whether you are long or short, you must stop profits in time. I wish you all a happy Friday [fist]
The above information is for reference only and is not an investment advice. $ETH

Market analysis on October 31, 2024
Daily Bitcoin
Pressure level around 73777
Support level around 71000
Yesterday Bitcoin fluctuated around 72000, and the fluctuation was not too large. Today, it will continue to hit the previous high of 73777. Yesterday, Bitcoin did not fall back to the EMA5 line. Today's support level is still around 71000. Pay attention to the non-agricultural data from the United States. The fluctuation may be larger near the election. For profitable orders, whether long or short, remember to lock in the profits. The funds are only yours when they are in your own pocket. I wish you all a happy life on Thursday [fist][fist][fist]
Daily Ethereum
Pressure level around 2769
Support level 261 0
Yesterday, Ethereum fluctuated more than Bitcoin, and rebounded to 2724, which is not far from the pressure level of 2750 we gave. Today, it will continue to hit the previous high of 2769. The daily MACD has a golden cross, which is a bullish signal. If Ethereum can pull back to around 2620 today, you can open a long order appropriately. If you don’t have a long order for Ethereum, you must open a position first. There will definitely be surprises in the future. The idea of ​​doing orders is to close low and go long. Ethereum is still under great pressure at 2800. Let’s see if it can break through 2800 this time. If it can’t break through, it will still pull back. I wish you all a happy life on Thursday [fist][fist][fist]
The above information is for reference only and is not an investment advice. $ETH

2024.10.30 Market Analysis
Bitcoin Daily
Resistance Level Around 73777
Support Level Around 71000
Bitcoin peaked yesterday at 73620, just a bit shy of the previous high; yesterday's surge exceeded expectations. The resistance level given yesterday was around 72000. The upward trend for Bitcoin is still very evident, and the likelihood of breaking the previous high before the elections is increasing. Each pullback is an opportunity to go long. Today, Bitcoin should experience a pullback, with the support level set around the daily EMA5 line at 70500. For those with profits, remember to secure them; especially for short positions, it’s essential to enter and exit quickly. Bitcoin could break the previous high at any moment, so let’s welcome the arrival of a significant market trend together. The trading strategy is to go long at lower levels. Wishing everyone a happy and joyful Wednesday [拳拳][拳拳][拳拳]
Ethereum Daily
Resistance Level Around 2750
Support Level Around 2590
Ethereum is still relatively weak, with a peak rebound to 2681 yesterday. The resistance level given yesterday was around 2630. Ethereum will continue to challenge the 2700-2800 range, and we hope for an early breakthrough in this area. A golden cross has appeared on the daily chart. If it remains a golden cross at tomorrow morning's close, we can confirm that Ethereum will continue to rise. The trading strategy is to go long at lower levels. For those without long positions in Ethereum, remember to open a long position; there will definitely be surprises. Be sure to control your position well. Wishing everyone a happy and joyful Wednesday [拳拳][拳拳][拳拳]
The above information is for reference only and does not constitute investment advice.

2024.10.29 Market Analysis
Bitcoin Daily
Resistance near 72000
Support near 68500
Yesterday, Bitcoin rebounded once again, reaching a high of 70270, breaking through the resistance level of 69500 given yesterday. Only by breaking through and stabilizing at 69500 can there be a possibility of continuing to challenge the previous high of 73777. Today, there may be a pullback, with the support level set at around 68500. Each pullback is an opportunity to go long. The daily MACD has formed a golden cross again, and before the election, it is likely to touch the previous high near 73777. This week, fluctuations may be larger, and each downward spike presents a buying opportunity. The trading strategy is to buy low and go long. When there are profits, remember to secure them; don’t be greedy. Only what you hold is the real profit. Wishing everyone a profitable Tuesday with smiles! [Fist Bump][Fist Bump][Fist Bump]
Ethereum Daily
Resistance near 2630
Support near 2530
Ethereum is also rebounding along with Bitcoin, but the strength of the rebound has decreased significantly, which is a good thing. Moreover, the daily level has broken through the lifeline of 2540. Today, it is highly likely to test the lifeline around 2540. If it doesn’t break during the test, it’s an opportunity to go long. Once again, I remind everyone to keep a long position in Ethereum. Although Ethereum is relatively weak, the potential is also large. Each pullback is an opportunity to go long. Don’t only focus on buying at the lowest point; getting on board is more important. With the election approaching, pay attention to the fluctuations or spikes. Overall, the market trend is upward, so don’t fear the spikes. The trading strategy is to buy low and go long. Wishing everyone a profitable Tuesday with smiles! [Fist Bump][Fist Bump][Fist Bump]
The above information is for reference only and does not constitute investment advice.

2024.10.28 Market Analysis
Bitcoin Weekly
Resistance Level Around 73777
Support Level Around 65000
Bitcoin Daily
Resistance Level Around 69500
Support Level Around 66800
Bitcoin closed with a bearish candle last week, and the lower shadow is relatively long, indicating strong support below, with many buyers. Last week's lowest point was a pullback to 65260, while our support level is around 66000. This week it may still pull back to around 65000, so I have placed the support level at around 65000. We also need to pay attention to Friday's non-farm payroll data, and this week is the last week before the U.S. elections, so there may be significant fluctuations. As long as a downward spike occurs, we can go long. Don’t be greedy when making profits, especially with short positions. You can short at high levels, but be quick to enter and exit. The daily level has shown a death cross, which is a risk point to watch; there could be a downward spike to the lifeline around 65500. A downward spike also presents a good opportunity to go long. The overall trend remains upward. Wishing everyone a successful Monday [fist bump][fist bump][fist bump]
Ethereum Weekly
Resistance Level Around 2770
Support Level Around 2400
Ethereum Daily
Resistance Level Around 2560
Support Level Around 2430
Ethereum rebounded to the lifeline around 2769 last week before starting to pull back, reaching a low of 2382. Our support level last week was around 2400, and this week we still maintain the support level at around 2400, which is still effective. As long as it does not break this support line, it will still oscillate upward. This week's resistance level remains at the lifeline around 2760. Ethereum's fluctuations are relatively large, making it more suitable for swing trading. The daily level will continue to test the lifeline around 2540 today. If it fails to break through, it will need to pull back, and then we can attempt to short around the lifeline 2540. If it breaks through and stabilizes around the lifeline 2540, we can wait for a pullback to the lifeline to go long. The strategy for Ethereum is to buy low. Now, whether long or short, one must not be greedy. Remember to take profits when you have them. Wishing everyone a successful Monday [fist bump][fist bump][fist bump]
The above information is for reference only and does not constitute investment advice.

Market Analysis for October 27, 2024
Bitcoin Daily
Resistance Level: Around 67500
Support Level: Around 65500
Yesterday, the weekend market fluctuated little, with Bitcoin rebounding to around 67500, which was within expectations. Today's resistance level remains at 67500, mainly looking at next week's market. The trading strategy is to buy on dips; if there are profits, don't hesitate to take them, and remember to secure your gains. Wishing everyone a pleasant weekend [fist bump][fist bump][fist bump]
Ethereum Daily
Resistance Level: Around 2540
Support Level: Around 2400
Ethereum rebounded to a maximum of 2508 yesterday. The resistance level given yesterday was around 2500, which was also within expectations, as the weekend market fluctuated little. Today's resistance level is set near the lifeline at around 2540. Let's see if today's closing price can be above the lifeline. The trading strategy is to buy on dips; remember to secure your gains if there are profits. Wishing everyone a pleasant weekend [fist bump][fist bump][fist bump]
The above information is for reference only and should not be considered investment advice. $ETH