I have reminded Gan Kong many times that the space of Da Bing Kong 2000 is precisely controlled. Have you got on board? $BTC $ETH #美联储利率决策即将公布 #币安用户数突破2亿
11.4 BTC, ETH evening analysis: Multiple tests of the resistance line during the day, further correction will be made if the price breaks through
The third wave of corrections of Ethereum during the day forms a trend, and the market is expected to fall further. Focus on the position of 3146 of Ethereum. Once it breaks through and stands firm, it will directly pull back to below 3000. Why use a pullback? Because the strength of the pullback is limited and cannot affect the big upward trend, friends who operate in the short term can just focus on the small-level trend! At present, Ethereum belongs to a structure of oscillating downward. The three attempts at the trend line above have not broken through. Obviously, the selling pressure above is very large. Then follow the trend to trade rebound and short
ETH from the 1-hour chart: a very classic head and shoulders top pattern, which usually appears at the top. It is clear from the resistance range that 3135-3146 is the position of the 4-hour lifeline. As long as the big Yinxian does not stand firm downward, there will still be a rebound. If it breaks through, it will be strongly bearish. Combined with technical indicators, the MA5, 10, and 30-day moving averages cross the highest point of the trend line to form a pressure level of 3204, but Ethereum has fallen below the neckline, so it is best to open a short position based on the 4-hour lifeline position. In addition, all the attached indicators are bearish, especially the OBV opening is very large and the yellow line is continuously stepped back downward, which is strongly bearish. Then follow the trend and focus on high-altitude
BTC evening strategy: 89380-89880 short, target around 86500!
11.13 BTC, ETH evening analysis: The market has tested key positions many times, and deep retracement needs to wait
The post has repeatedly prompted bullishness. This week's market is bullish, and the monthly line level is strong and bullish, forming a wave of bulls quickly. Friends who come to consult basically lead everyone to catch it, which is very comfortable. At present, the big cake has broken through 90,000 and has risen unilaterally, indirectly driving the rise of Ethereum and Shanzhai. It belongs to the third stage of the rise. Wait, it is expected to see 100,000 big cakes by the end of the year!
From the 4-hour chart, ETH has been consolidating after the previous structural divergence. At present, it is much weaker than Bitcoin, and the retracement is relatively strong. Combined with technical indicators, the rising volume is weakening, but the trend chart is still in the upward trend of the monthly line. It is best to wait for the retracement of the lower resistance line 3168 to go long. As long as it does not fall below the second half of the night, it is likely to be in high consolidation. The attached indicator is basically in a state of about intersection. Once it crosses downward, it is strongly bearish. As long as the trend chart is bullish, it is mainly low-long with the lowest risk.
BTC evening strategy: 89850-90350 to go long, the target is around 92050!
11.9 Saturday BTC and ETH market summary: weak rise, be vigilant!
This week, due to the influence of Trump's coming to power and the Fed's interest rate decision, the big cake has reached a record high. It is currently in a shock correction stage. The price behavior is in the fourth push upward, but the pin point is low and the rise is weak. Last night's post suggested that the high-altitude is the main one. From the intraday trend, it is basically in line with expectations and very accurate. As long as the structure is not destroyed, it can be done by opening a short position at a high level. The weekend market is basically volatile. Next week, focus on the position of 71990, a big support. The monthly line is bullish and will rise if it does not fall below.
From the weekly chart of BTC: the trend line structure is upward, at the key node of 3 waves rising and 4 falling, because the 3rd wave is the longest, once the turning point is formed at the top 77180, it will definitely fall sharply, stepping back to the lowest point below 71990, either down or rebounding to break the new high in five waves. It is very clear here when combined with MACD and OBV. The indicator is in the third rising stage, and the real positive column is gradually rising. The general direction belongs to an obvious upward trend, so it is very clear to see the trend chart. After the general direction is set, the 4-hour support is found at 75750. If it does not fall below and stabilize, it will continue to move in the third wave. Pay close attention!
From the daily line of ETH: the trend is clearer than that of the big cake. It is strongly bullish after breaking through the wedge range. The post also clearly reminds us to focus on the upper pressure position of 3280. The recent high-level consolidation of the big cake does not rule out the possibility of ether sneaking up. Observe that all technical indicators are bullish upward. The short-term indicator divergence does not affect the rising process. Just find the key position to short.
BTC Saturday strategy: 75550-75850 to do more, the target is around 76700!
ETH Saturday strategy: 3005-3015 to do more, the target is around 3080! #山寨季分析 #大盘的下一步?
11.9 Saturday BTC and ETH market summary: weak rise, be vigilant!
This week, due to the influence of Trump's coming to power and the Fed's interest rate decision, the big cake has reached a record high. It is currently in a shock correction stage. The price behavior is in the fourth push upward, but the pin point is low and the rise is weak. Last night's post suggested that the high-altitude is the main one. From the intraday trend, it is basically in line with expectations and very accurate. As long as the structure is not destroyed, it can be done by opening a short position at a high level. The weekend market is basically volatile. Next week, focus on the position of 71990, a big support. The monthly line is bullish and will rise if it does not fall below.
From the weekly chart of BTC: the trend line structure is upward, at the key node of 3 waves rising and 4 falling, because the 3rd wave is the longest, once the turning point is formed at the top 77180, it will definitely fall sharply, stepping back to the lowest point below 71990, either down or rebounding to break the new high in five waves. It is very clear here when combined with MACD and OBV. The indicator is in the third rising stage, and the real positive column is gradually rising. The general direction belongs to an obvious upward trend, so it is very clear to see the trend chart. After the general direction is set, the 4-hour support is found at 75750. If it does not fall below and stabilize, it will continue to move in the third wave. Pay close attention!
From the daily line of ETH: the trend is clearer than that of the big cake. It is strongly bullish after breaking through the wedge range. The post also clearly reminds us to focus on the upper pressure position of 3280. The recent high-level consolidation of the big cake does not rule out the possibility of ether sneaking up. Observe that all technical indicators are bullish upward. The short-term indicator divergence does not affect the rising process. Just find the key position to short.
BTC Saturday strategy: 75550-75850 to do more, the target is around 76700!
ETH Saturday strategy: 3005-3015 to do more, the target is around 3080! #山寨季分析 #大盘的下一步?
11.8 BTC, ETH Evening Analysis: Divergence in Volume Weakens Market Bulls
Last night, it was noted that Bitcoin's daily volume was diverging, resulting in minimal fluctuations. The strategy focused on going long on Ethereum, yielding a space of two hundred points and a 400% return. How about that? This wave was quite profitable. From Ethereum's intraday performance, it constantly spikes upwards, but the trend is very weak, especially as the Bollinger Bands on the 4-hour and 1-hour charts begin to narrow. Tonight, there is a high probability of spiking and consolidating at high levels, continuing until the weekend, which aligns with the typical weekend market behavior, with not much volatility expected.
Looking at BTC from the 4-hour chart: the trend line continuously climbs, yet the spike points above are lower each time at 75656, 76420, 76900. The short gaps between these points indicate that bullish volume is diminishing. Normally, the third spike should exceed the gaps of the previous two for a strong upward movement. Therefore, a rebound will be shorted, with the shorting point at the highest point of the trend line at 77400. In conjunction with the trend indicators, the lowest point below EMA20 is at 74280, and other main indicators are beginning to turn downwards. It is predicted that in the next three days, it will likely approach this level, and if it breaks below, a new downward trend will form in the short term. However, this does not affect the bullish outlook on the monthly chart or for those holding spot positions. Due to the divergence in larger volume levels, auxiliary indicators are temporarily disregarded. In terms of price action analysis, this falls under a large three-push structure, with no more than five pushes, and in the case of weakening momentum, it typically ends after three pushes.
BTC Evening Strategy: Short between 77200-77500, targeting around 75800!
ETH Evening Strategy: Short between 2965-2980, targeting around 2905! #BTC创历史新高 #大盘的下一步?
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Bullish
11.7 BTC, ETH evening analysis: interest rate decision is coming strongly, where is the market going?
The interest rate decision will be released at 3:00 am tonight. Once the interest rate cut of 25 basis points is confirmed, it will be good for cryptocurrencies, and there is a high probability that it will break new highs. Pay close attention. Recent posts are all prompting long positions, and the general direction is basically in line with expectations. With the end of the election, the lifeline of 71,500 on the daily line of Bitcoin has been strongly broken, and the bullish trend has been basically confirmed. In terms of indicators, we should focus on the divergence of the daily volume. In the case of downward bearish divergence, the retracement of Bitcoin is very small, so we need to be vigilant! Recently, it is recommended to do Ethereum. Ethereum is too weak. The main reason is that after breaking through the daily range, it rose by more than 200 points. There is a lot of room for concentrated outbreaks.
From the daily chart of ETH: the wedge triangle interval has broken through the upper lifeline of 2770, forming a bullish trend. At present, resistance and pressure are mutually converted. The 4-hour lowest point is 2619, which is also the best point for long positions. If the lifeline is broken, look at the lowest point. If it is not broken, go long around 2770 and grasp the key position. Combined with technical indicators, the moving average has deviated from the indicator and will retreat in the short term. The attached indicators are all bullish, because the OBV and KDJ indicators form a cross-up. The small level crosses the large level and belongs to a strong bullish stage. The general direction of the daily trend chart is very obvious. The bottom-to-bottom high structure is upward, so wait for the callback to end and follow the general direction to go long
BTC evening strategy: 73700-74200 to do more, and the target is around 75900!
ETH evening strategy: long at 2765-2780, target around 2915! #DOGE看涨情绪飙升 #美联储利率决议来袭
11.7 BTC, ETH evening analysis: interest rate decision is coming strongly, where is the market going?
The interest rate decision will be released at 3:00 am tonight. Once the interest rate cut of 25 basis points is confirmed, it will be good for cryptocurrencies, and there is a high probability that it will break new highs. Pay close attention. Recent posts are all prompting long positions, and the general direction is basically in line with expectations. With the end of the election, the lifeline of 71,500 on the daily line of Bitcoin has been strongly broken, and the bullish trend has been basically confirmed. In terms of indicators, we should focus on the divergence of the daily volume. In the case of downward bearish divergence, the retracement of Bitcoin is very small, so we need to be vigilant! Recently, it is recommended to do Ethereum. Ethereum is too weak. The main reason is that after breaking through the daily range, it rose by more than 200 points. There is a lot of room for concentrated outbreaks.
From the daily chart of ETH: the wedge triangle interval has broken through the upper lifeline of 2770, forming a bullish trend. At present, resistance and pressure are mutually converted. The 4-hour lowest point is 2619, which is also the best point for long positions. If the lifeline is broken, look at the lowest point. If it is not broken, go long around 2770 and grasp the key position. Combined with technical indicators, the moving average has deviated from the indicator and will retreat in the short term. The attached indicators are all bullish, because the OBV and KDJ indicators form a cross-up. The small level crosses the large level and belongs to a strong bullish stage. The general direction of the daily trend chart is very obvious. The bottom-to-bottom high structure is upward, so wait for the callback to end and follow the general direction to go long
BTC evening strategy: 73700-74200 to do more, and the target is around 75900!
11.6 BTC, ETH evening analysis: Trump takes office, the market soars
Last night's post was bullish, perfectly in line with the expected trend. Friends who follow my posts can get meat directly, which is very accurate. I mentioned at the weekend that if Trump wins the election, it will directly affect the trend of the crypto market, which is completely a big positive. During the morning vote counting time, Trump's leading advantage expanded indirectly led to a surge in Bitcoin, breaking through the historical high to around 75650. The market has digested it in advance. The US market will take the next step after the market calms down
From the 4-hour chart of BTC: On the 20th of last month, it was suggested that Bitcoin was moving upward in the wedge triangle range, breaking through the wedge high of 71600, and a new upward trend will be formed. The overall direction is very accurate. It also stabilized after closing the big positive line in 4 hours. It is currently in the stage of market adjustment. It is very obvious with Fibonacci. The waistline of the lowest point below, 71233, just crosses the top of the wedge to form a new resistance line. As long as it touches this position, it will be decisive to go long directly. Going long will look at the upper resistance near 75000. Breaking through the pin will see a new high of 76800. As for other indicators, all are strongly bullish. The general bullish trend is established. It is better to buy low and go long on the callback! (In addition, pay attention to the continuous top divergence at the daily level. Once the falling positive line breaks through the resistance level and goes down, the long position will be below 70,000, and the defensive position will follow the adjustment)
BTC evening strategy: 71200-71700 to go long, the target is around 75000!
ETH evening strategy: 2500-2515 to go long, the target is around 2605! #DOGE看涨情绪飙升 #BTC创历史新高
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Bullish
11.5 BTC, ETH Evening Analysis: A Double Bottom Is About to Form in the Upward Process
At the beginning of this month, Bitcoin gradually narrowed from a wide range of fluctuations, and the upward trend on the monthly chart has not yet ended; it has just begun. After the next pullback action is completed, the upward trend will open again. As long as Trump wins the election, we will decisively go long. This week, we are all positioning ourselves according to the big direction. Friends who follow my posts know that over the weekend, both the major news and technical indicators were fully bullish. As long as we follow the strategy, we haven't precisely reached the target points. For those who haven't kept up, please hurry up.
Looking at BTC from the 4-hour chart: Bitcoin has formed a double bottom upwards structure, but the right side bottom has not yet fully formed, and there will be further pullback actions. The right side symmetrical 4-hour lifeline is around 69050, and the high point and trend line form a crossover pressure at 69800. The technical indicators on the 4-hour chart have already indicated divergence, and after the early morning dip to the low at 66800, there was a second divergence upwards. Therefore, the overall direction is strongly bullish. As long as there are pullback actions, we can enter the market in batches. Looking at the attached indicators, they are all pointing upwards, combined with the trend chart and the overall direction, we are bullish. Therefore, we should go with the trend, and going long at lower prices is the best choice.
BTC Evening Strategy: Go long at 68700-69200, target near 69800!
ETH Evening Strategy: Go long at 2410-2425, target near 2520! #BTC突破7W #美联储利率决议来袭 #美国大选后涨或跌?
11.5 BTC, ETH Evening Analysis: A Double Bottom Is About to Form in the Upward Process
At the beginning of this month, Bitcoin gradually narrowed from a wide range of fluctuations, and the upward trend on the monthly chart has not yet ended; it has just begun. After the next pullback action is completed, the upward trend will open again. As long as Trump wins the election, we will decisively go long. This week, we are all positioning ourselves according to the big direction. Friends who follow my posts know that over the weekend, both the major news and technical indicators were fully bullish. As long as we follow the strategy, we haven't precisely reached the target points. For those who haven't kept up, please hurry up.
Looking at BTC from the 4-hour chart: Bitcoin has formed a double bottom upwards structure, but the right side bottom has not yet fully formed, and there will be further pullback actions. The right side symmetrical 4-hour lifeline is around 69050, and the high point and trend line form a crossover pressure at 69800. The technical indicators on the 4-hour chart have already indicated divergence, and after the early morning dip to the low at 66800, there was a second divergence upwards. Therefore, the overall direction is strongly bullish. As long as there are pullback actions, we can enter the market in batches. Looking at the attached indicators, they are all pointing upwards, combined with the trend chart and the overall direction, we are bullish. Therefore, we should go with the trend, and going long at lower prices is the best choice.
BTC Evening Strategy: Go long at 68700-69200, target near 69800!
11.3 Weekend BTC, ETH Market Summary: The Market Begins to Gradually Bottom
The strategy on Friday was mainly focused on positioning for short trades. Those who followed the larger trend essentially gained over the weekend, as last week's strong rally formed a daily divergence structure at the top, indicating a clear bearish outlook. It was previously analyzed that this divergence downward is temporary, while the larger monthly trend is still on an upward trajectory. Therefore, this week, after the U.S. elections, there will likely be another significant market movement.
Looking at BTC from the weekly perspective: the overall trend is upward, but after the spike, the 4-hour chart shows fluctuations that have created a bottom divergence. Due to the inverse trend formed by MACD and the candlestick pattern, this bottom divergence indicates a strong bullish outlook. Looking at the weekly sub-chart, both OBV and MACD are showing a continuous retracement structure upwards, indicating a three-push bullish trend. After establishing a bullish outlook, turning to the 4-hour and hourly charts, the upper high is around 69500. Therefore, if it retraces, a long position can be taken here.
From the daily perspective of ETH: it is showing a range-bound upward structure, with the trend chart forming higher lows, but it has not broken above the highest point of 2770, which is significantly weaker than BTC. This week has several important events, particularly focusing on Thursday's non-farm payroll and Friday's interest rate decision, both of which can directly impact the market. Generally, the Federal Reserve's rate-cutting cycle completes within a year to a year and a half. If the Fed chooses to continue cutting rates by 25 basis points in November, the market is likely to break new highs, in addition to the larger technical indicators being bullish. The support below is around 2405, so as long as it retraces here, a long position should be taken, especially in the spot market!
BTC Evening Strategy: Long between 67300-67800, targeting around 69500!
ETH Evening Strategy: Long between 2395-2415, targeting around 2475! #美国大选后行情预测 #美国大选后涨或跌?
11.3 Weekend BTC, ETH Market Summary: The Market Begins to Gradually Bottom
The strategy on Friday was mainly focused on positioning for short trades. Those who followed the larger trend essentially gained over the weekend, as last week's strong rally formed a daily divergence structure at the top, indicating a clear bearish outlook. It was previously analyzed that this divergence downward is temporary, while the larger monthly trend is still on an upward trajectory. Therefore, this week, after the U.S. elections, there will likely be another significant market movement.
Looking at BTC from the weekly perspective: the overall trend is upward, but after the spike, the 4-hour chart shows fluctuations that have created a bottom divergence. Due to the inverse trend formed by MACD and the candlestick pattern, this bottom divergence indicates a strong bullish outlook. Looking at the weekly sub-chart, both OBV and MACD are showing a continuous retracement structure upwards, indicating a three-push bullish trend. After establishing a bullish outlook, turning to the 4-hour and hourly charts, the upper high is around 69500. Therefore, if it retraces, a long position can be taken here.
From the daily perspective of ETH: it is showing a range-bound upward structure, with the trend chart forming higher lows, but it has not broken above the highest point of 2770, which is significantly weaker than BTC. This week has several important events, particularly focusing on Thursday's non-farm payroll and Friday's interest rate decision, both of which can directly impact the market. Generally, the Federal Reserve's rate-cutting cycle completes within a year to a year and a half. If the Fed chooses to continue cutting rates by 25 basis points in November, the market is likely to break new highs, in addition to the larger technical indicators being bullish. The support below is around 2405, so as long as it retraces here, a long position should be taken, especially in the spot market!
BTC Evening Strategy: Long between 67300-67800, targeting around 69500!
ETH Evening Strategy: Long between 2395-2415, targeting around 2475! #美国大选后行情预测 #美国大选后涨或跌?
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Bearish
11.1 BTC, ETH Evening Analysis: Intense Tug-of-War Between Bulls and Bears, Is the Non-Farm Data Favorable?
From the non-farm employment data released at 20:30 this evening, the significant discrepancy below expectations is a strong favorable indicator. Regardless of whether the data is adjusted, it has indirectly prompted a rebound in Bitcoin. Looking at the chart, after the M-top formation, the daytime belongs to a downward cycle. Because the technical indicators on the daily line closed last night and are showing a downward divergence, it aligns with the basic trend pattern of M. If the previous low of 68800 cannot be broken in the latter half of the night, it is highly likely that we will enter a period of consolidation, which will basically continue over the weekend.
From the 4-hour chart of BTC: Bitcoin has shown long wicks both upwards and downwards. Although the technical indicators show signs of turning, it has not stabilized below the trendline's low point of 69100. Pay attention to the latter half of the night; if it still does not break through, there will be a consolidation adjustment. Currently, the general direction indicates a bullish trend channel, and the structure is upward, so after a pullback, there will be considerable space for an increase. Looking at the 4-hour closing situation, the upward wicks are relatively long, indicating a strong bearish sentiment in the market, and combined with the additional indicator OBV, it is also showing a downward crossover indicating bearishness. Except for KDJ being oversold, all other indicators are moving downwards, so for now, the direction should primarily focus on short positions while maintaining good defenses in the context of a bullish long-term outlook!
BTC Evening Strategy: Short at 70700-71200, targeting around 69500!
ETH Evening Strategy: Short at 2530-2545, targeting around 2485! #美国大选后行情预测 #非农就业人数大幅降温
11.1 BTC, ETH Evening Analysis: Intense Tug-of-War Between Bulls and Bears, Is the Non-Farm Data Favorable?
From the non-farm employment data released at 20:30 this evening, the significant discrepancy below expectations is a strong favorable indicator. Regardless of whether the data is adjusted, it has indirectly prompted a rebound in Bitcoin. Looking at the chart, after the M-top formation, the daytime belongs to a downward cycle. Because the technical indicators on the daily line closed last night and are showing a downward divergence, it aligns with the basic trend pattern of M. If the previous low of 68800 cannot be broken in the latter half of the night, it is highly likely that we will enter a period of consolidation, which will basically continue over the weekend.
From the 4-hour chart of BTC: Bitcoin has shown long wicks both upwards and downwards. Although the technical indicators show signs of turning, it has not stabilized below the trendline's low point of 69100. Pay attention to the latter half of the night; if it still does not break through, there will be a consolidation adjustment. Currently, the general direction indicates a bullish trend channel, and the structure is upward, so after a pullback, there will be considerable space for an increase. Looking at the 4-hour closing situation, the upward wicks are relatively long, indicating a strong bearish sentiment in the market, and combined with the additional indicator OBV, it is also showing a downward crossover indicating bearishness. Except for KDJ being oversold, all other indicators are moving downwards, so for now, the direction should primarily focus on short positions while maintaining good defenses in the context of a bullish long-term outlook!
BTC Evening Strategy: Short at 70700-71200, targeting around 69500!
10.28 BTC, ETH Evening Analysis: Up and Down Pin Bars, Focus on Short Positions
Last Friday's post indicated that Bitcoin is experiencing wide fluctuations, allowing both long and short positions to be established. Those who entered positions near the upper or lower bounds of the range can directly take advantage of the market movement. Interested friends can refer to that. A major market movement will occur after the pin bars conclude, so be patient and wait for a major direction to emerge before following it.
From the 4-hour chart of BTC: The Bitcoin upward pin bar has formed a top. In the short term, to break the structure, an entity candlestick must quickly form an effective trend. If no signal appears, it is likely to remain in a sideways movement. The 4-hour chart shows a triangular flag structure, making it better to short near the highest point of the flag. Attention should be paid to the 69300 level for a breakout above the flag range; if a strong upward breakout occurs, then it will be bullish, otherwise, it will be bearish. Looking at the supplementary indicators, the current OBV is unusually crossing below the yellow line, indicating a strong bearish outlook. The KDJ is also crossing downward, indicating bearishness, and all other indicators are also pointing downward, so it is strongly bearish. If shorting, the target is the lowest point of the triangular flag at 67300, which is also the best position for a long.
BTC Evening Strategy: Short between 68900-69400, target around 67300!
10.25 BTC, ETH Evening Analysis: Wide Fluctuation Range, Both Long and Short Have Opportunities
From the trend given on Tuesday, the overall direction still leans towards shorting. Although there hasn't been a significant pullback as expected, as long as we follow the trend to short, there is still room to profit. Going forward, the fluctuation space of BTC may become increasingly larger, leading to a significant breakout in the major direction. As the month comes to an end, pay attention to the up and down spikes; for those who enjoy short-term trading, remember to maintain good risk management.
Looking at BTC from the 4-hour chart: Up and down spikes indicate a wide fluctuation, with the range between 68800-65200, where both long and short positions can be established. Currently, the daily trend line for BTC is downward, as it just touched the highest point of the daily trend chart before pulling back down. Therefore, it is highly likely that there will be a corrective rally before another drop this weekend. Tonight, focus on the trend line high point of 69200; as long as this level does not hold above, it is still advisable to short. In conjunction with technical indicators, although the 4-hour MACD and OBV are both indicating upward momentum, the daily trend line's highest point has not been broken upward to form a new trend, making shorting near the upper trend line more appropriate. If going long, ETH has the most significant drop potential and the largest space.
BTC Evening Strategy: Short at 68800-69200, targeting around 67300!
ETH Evening Strategy: Long at 2505-2520, targeting around 2645! #BTC回升至6W7 #美国大选前行情观察
10.25 BTC, ETH Evening Analysis: Wide Fluctuation Range, Both Long and Short Have Opportunities
From the trend given on Tuesday, the overall direction still leans towards shorting. Although there hasn't been a significant pullback as expected, as long as we follow the trend to short, there is still room to profit. Going forward, the fluctuation space of BTC may become increasingly larger, leading to a significant breakout in the major direction. As the month comes to an end, pay attention to the up and down spikes; for those who enjoy short-term trading, remember to maintain good risk management.
Looking at BTC from the 4-hour chart: Up and down spikes indicate a wide fluctuation, with the range between 68800-65200, where both long and short positions can be established. Currently, the daily trend line for BTC is downward, as it just touched the highest point of the daily trend chart before pulling back down. Therefore, it is highly likely that there will be a corrective rally before another drop this weekend. Tonight, focus on the trend line high point of 69200; as long as this level does not hold above, it is still advisable to short. In conjunction with technical indicators, although the 4-hour MACD and OBV are both indicating upward momentum, the daily trend line's highest point has not been broken upward to form a new trend, making shorting near the upper trend line more appropriate. If going long, ETH has the most significant drop potential and the largest space.
BTC Evening Strategy: Short at 68800-69200, targeting around 67300!
10.22 BTC, ETH Evening Analysis: Valuable Insights, Bearish Trend Has Initially Formed
Bitcoin's performance last night was very much in line with expectations. The technical indicators showed a 4-hour divergence, and the overall direction is bearish. For those who have followed my analysis, as long as you're aligned with the main trend, there is room for profit. After a brief correction during the day, Bitcoin started to weakly oscillate downwards. It's clear that the downward space has not been fully released; the next move is to short on any rebound.
From the 4-hour chart of BTC: All accompanying indicators are pointing down, especially the RSI below 50. Since the RSI has mostly been above 50 recently, this downward movement is rare, so it’s advisable to short at highs. Combined with the Fibonacci levels and the 1-hour trend chart, it becomes very clear that the lower support intersects at 64233, particularly as the hourly trend is shifting downwards, forming a lower low structure. This indicates that the overall direction tonight is bearish, and the highest point for the defense shift is at the 4-hour lifeline of 67800. When it hits the upper high, it will likely pull back down, which is also a suitable shorting point!
BTC Evening Strategy: Short between 67600-68000, targeting around 64230!
ETH Evening Strategy: Short between 2635-2650, targeting around 2520! #币安上线SCR现货 #美国大选前行情观察
10.21 BTC, ETH Evening Analysis: Crypto Market Continues to Decline, Bullish Sentiment Weakens
The trend chart analysis of ETH last night was almost identical, with the daily lifeline peak at 2770 mentioned without any error. Once Ethereum breaks 2700, it will be suppressed by the trend line above, so anyone who has read my post could easily take a long position.
Over the weekend, we analyzed the trends for this week and the future reversal. Although the monthly line continues to show bullishness, from last night's structural trend, Bitcoin faced resistance at 69500, leading to a continuous intraday pullback without effectively breaking through the upper pressure zone. Last night showed a fluctuating upward market, and tonight we will either see a big market movement or wait until Thursday's initial unemployment claims for a significant market movement, as technical indicators are showing divergence, which is a relatively rare continuous divergence, indicating a high probability of a major adjustment.
From the 4-hour chart of BTC: the current trend is downward, and the 4-hour MACD shows continuous bearish divergence, making the trend unclear. This mainly occurs after a significant market move where technical indicators adjust in volatility, and the OBV has rarely crossed below the yellow line, indicating strong bearish sentiment. The support level below is around 67800; if this level breaks and holds, we will look at 66200.
BTC Evening Strategy: Short at 68200-68500, targeting around 66200!
ETH Evening Strategy: Short at 2695-2715, targeting around 2635! #APE暴涨 #BTC重返6W9
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10.20 Weekend BTC and ETH market summary: key resistance has been broken, the general direction is bullish
This week, affected by the expansion of Trump's election advantage and the situation on the peninsula, the market ushered in a wave of strong rise, but the volatility of Bitcoin is more obvious than that of CNY and Ethereum, and the trend chart is also bullish. Both long and short positions are arranged. The general direction of bullishness was given on the 12th. You can't go wrong by following the general direction. The weekend is oscillating at a high level, and the callback is small. Friends who touch the top need to wait patiently for opportunities
From the general direction of the weekly chart of BTC: a triangular wedge-shaped upward market is formed, and the upper resistance range is between 69500-70500. The weekend market fluctuations are not very large. Basically, it has been in a stable upward market since the surge on the 14th, so there should not be much tonight's catch-up. From the general direction of technical indicators, the monthly line continues to be bullish, and then focus on the October low closing line. If it is within the resistance range, there will be a large correction before the interest rate cut in November. At that time, you can arrange more medium and long-term positions, especially spot positions, which is a direct profit market.
From the daily chart of ETH: there is a large space above, focus on the daily lifeline at 2770, and the 4-hour and 6-hour technical indicators are running above the middle track, especially the 4-hour OBV indicator continues to step back on the yellow line upward, and the MACD green column shrinks. Combined with the trend chart, it shows that the bullish space is very large. Once it breaks through 2700, it will be strongly bullish. If it is a pin, continue to look near the daily lifeline.
The weekend volatility is small, so I won’t give you a strategy. Wait until the market comes out on Monday before entering the market! #特朗普家族加密项目 #BTC要挑战7W大关了吗?
10.20 Weekend BTC and ETH market summary: key resistance has been broken, the general direction is bullish
This week, affected by the expansion of Trump's election advantage and the situation on the peninsula, the market ushered in a wave of strong rise, but the volatility of Bitcoin is more obvious than that of CNY and Ethereum, and the trend chart is also bullish. Both long and short positions are arranged. The general direction of bullishness was given on the 12th. You can't go wrong by following the general direction. The weekend is oscillating at a high level, and the callback is small. Friends who touch the top need to wait patiently for opportunities
From the general direction of the weekly chart of BTC: a triangular wedge-shaped upward market is formed, and the upper resistance range is between 69500-70500. The weekend market fluctuations are not very large. Basically, it has been in a stable upward market since the surge on the 14th, so there should not be much tonight's catch-up. From the general direction of technical indicators, the monthly line continues to be bullish, and then focus on the October low closing line. If it is within the resistance range, there will be a large correction before the interest rate cut in November. At that time, you can arrange more medium and long-term positions, especially spot positions, which is a direct profit market.
From the daily chart of ETH: there is a large space above, focus on the daily lifeline at 2770, and the 4-hour and 6-hour technical indicators are running above the middle track, especially the 4-hour OBV indicator continues to step back on the yellow line upward, and the MACD green column shrinks. Combined with the trend chart, it shows that the bullish space is very large. Once it breaks through 2700, it will be strongly bullish. If it is a pin, continue to look near the daily lifeline.
The weekend volatility is small, so I won’t give you a strategy. Wait until the market comes out on Monday before entering the market! #特朗普家族加密项目 #BTC要挑战7W大关了吗?
10.17 BTC, ETH evening analysis: Wait until the short adjustment is over before entering the market at a low point
The high altitude given in the post last night was the main one, and the general direction and the upper high point were very accurate. The highest pin of the big cake was 68300 and then quickly stepped back. Therefore, after the entire market diverged, downward adjustment is inevitable. As long as the layout is based on the range, there is room for intraday trading. The frequency of the range of the big cake tonight is obviously accelerating. When the downward adjustment of the triangle range on the daily line is over, the mid-term rising stage is coming. Be patient and wait!
From the 4-hour chart, BTC's technical indicators are weak and downward, and it is still in a downward trend, but the attached indicator OBV shows signs of turning upward, so we can see from the trend that the trend line of the hourly chart is constantly moving upward, and the general direction is still bullish, but the low point of the trend line below crosses the resistance line near 65700, which is also the support point of the 30-day moving average. As long as this position does not break through, it is the best position to go long. Since both the daily line and the trend chart are bullish, it is best to go long near the bottom. Pay attention to this in the evening. Once it breaks through, it will be strongly bearish. Otherwise, follow the trend to go long.
BTC evening strategy: 65600-65900 to go long, and the target is around 68000!
10.16 BTC, ETH evening analysis: The rise in the cycle is coming to an end, and the market will usher in a turning point
Since the reminder of the general direction V reversal bullish last week, the market has been rising all the way, with continuous positives. As long as you follow the trend, you can basically win directly. At present, the rise of Auntie is very large, and the rebound strength is much lower than that of the big cake. Especially those who are in spot and mid-term layout can buy on dips. For the big cake, it was affected by the decline of the US stock market last night and plunged from a high position. Although there is a rebound during the day, the possibility of continuous diving tonight cannot be ruled out.
BTC from the 4-hour chart: MACD classic 4 times top back downward structure, because the top divergence is a strong bearish, and the US stock daily level also diverges, so it is best to short at highs. From the technical indicators, 68000 is a key resistance level. Pay attention to the KDJ crossing and forming a dead cross downward, which is a strong bearish trend. In addition, the daily line is upward, and the 12-hour chart indicator is overbought. With other indicators, they are also turning downward. So the operation is still based on high altitude. Try not to go long. There is not much room. It is meaningless to gamble. As long as the direction is followed, there is money to be made.
BTC evening strategy: 67800-68300 short, target around 65700!
10.12 BTC, ETH evening analysis: V-shaped reversal, low-long entry
Last night's analysis trend was basically consistent with expectations. After breaking through the lower resistance, the lowest pin was around 58900, so as long as you follow the general direction expectations to arrange, you can lock in profits. From the current market, the big cake directly reversed in a V shape, strongly bullish, mainly because after the daily line closed in the morning, the technical indicators walked out of the low back upward structure, so the strength is very strong
BTC from the 4-hour chart: Like the daily level, it is also low back upward bullish. From the Fibonacci point of view, the upper resistance is 62370, the position of the 4-hour lifeline, and the lower low is 61520. The current trend chart has formed a bullish trend, so it is more appropriate to go long at the low point. All technical indicators are bullish, MACD has closed 3 real positive bars in a row, the bulls are very strong, KDJ is also golden cross upward, currently in the overbought range, wait for the callback to go long, the general direction is strongly bullish
BTC evening strategy: 61200-61500 to go long, the target is around 62800!
ETH evening strategy: 2405-2415 to go long, the target is around 2460! #6万保卫战 #9月美国CPI实现6连降
10.11 BTC, ETH evening analysis: The market has entered a critical node of long-short game
A sharp correction of Bitcoin last night directly made the market focus on 60,000 again. It is currently in a narrow range of fluctuations. Tonight's market trend is basically the same as the fluctuations from Monday to Wednesday. From the main technical indicators at the daily level, the general direction is strongly bearish. It is only a matter of time to break the resistance range. If you plan to invest in the high altitude tonight, pay attention to the pin 59700. Once it breaks through, it will continue to fall. The lowest point should be around 58000
BTC from the 4-hour chart: All technical indicators are bearish downward, and the big cake has a very classic head and shoulders top downward pattern. If it breaks through 59800 below, it will go big. From the September CPI data released tonight, 0.2% is less than expected, which is a strong negative. Because once the CPI value reaches 0.2 points, it is possible to slow down the interest rate cut. If it is higher than 0.2%, the intensity of the interest rate cut will be increased. The overall crypto market is bearish. Combined with the trend chart, the market is going down and the structure of the low bottom is downward. KDJ and MACD are both bearish. 60800 is the high point of the trend chart, and shorting is mainly done at highs.
BTC evening strategy: sell high and buy low in the range of 61200-59700, and go down when the resistance is broken!
ETH evening strategy: sell high and buy low in the range of 2415-2375, and go down when the resistance is broken! #6万保卫战 #特朗普当选概率上升
10.9 BTC, ETH evening analysis: After several consecutive days of correction, the market is about to reverse
During the National Day, the overall layout direction of long and short positions was all taken. The analysis on the 5th also showed that the market fluctuated and adjusted in a step-by-step upward direction. The overall direction was grasped very accurately and continued until the 7th. Affected by the large A-share market, funds began to fall and adjust after withdrawal. At present, after the A-share market correction, funds also began to gradually flow back to the crypto market. For tonight's market, it is gradually bullish
BTC from the 4-hour chart: the 4-hour pin is upward, and the bottoming signal begins to appear. After closing at 12 o'clock, the 4-hour level will go out of a very obvious low back upward structure. The formation of the bottom back is a strong bullish trend. Combined with the attached chart indicators, KDJ golden cross crosses, and the golden cross belongs to a strong bullish trend, so the general direction is bullish. OBV and MACD are also about to form a cross-up trend, and the Fibonacci support point is at 62130, so there is basically no problem in opening a long position by stepping back and combining this position
BTC evening strategy: 61650-62150 to do long, the target is around 63700!
ETH evening strategy: 2445-2455 to do long, the target is around 2510! #非农人数大幅升温 #SCR新币挖矿开始!