Cryptocurrency Scholar: On March 30, Ethereum lost and regained the 2000 mark, but is the bullish momentum insufficient? Latest market analysis and thought reference
The current price of Ethereum is 1995, and the trend is actually very clear, which is a brief consolidation after a wave of decline. Friends who followed the idea to short at high positions have basically made good profits. Now many people are starting to feel anxious; as soon as they see a small rebound, they can't help but enter the market, which can easily lead to being trapped. Remember, do not easily go against the trend before it changes, observe more and act less, and wait for clear opportunities before taking action.
The daily high has effectively broken below the 0.786 Fibonacci retracement level of 2425, and is currently running above the 100% retracement level of 1736. MA20, MA30, and MA60 are arranged downward, and the price continues to be pressured below the short-term moving averages, with significant moving average suppression effects. After the MACD death cross, although the green bars have decreased, the DIF and DEA are still running below the zero axis, and the downward momentum has not been fully released. The downward trend at the daily level is clear, with 1736 being the key support level below.
The four-hour price continues to be pressured below the MA20 and MA30 moving averages, and the short-term moving averages are arranged downward, creating layers of pressure on the price. A rebound to around 2020 meets resistance and falls back, confirming the effectiveness of the pressure above. After the MACD death cross, although the green bars have decreased, the DIF and DEA are still running below the zero axis, and the downward momentum has not been fully released; the Bollinger Bands are opening downward, and the price is oscillating near the lower track, with no clear signal of stopping the decline. The downward trend at the four-hour level will continue, with 1950 being the short-term key support below.
Short-term reference: (Practical data has been updated; consult the author for details)
The upper range from 2050 to 2020 is downward, stop loss at 2070, target looking at 1980 to 1950, after breaking look at 1740
(Alternative) The lower range from 1950 to 1980 is upward, stop loss at 1930, target looking at 2050 to 2020
Specific operations are based on real-time market data. For more information, you can consult the author. The publication of the article may be delayed, and it is recommended for reference only; risks are borne by yourself.
3.30 After Bitcoin hits bottom at 65500, can the bulls counterattack? Latest market analysis and thought reference
Bitcoin's current price is 66400, resembling the wallet of a worker; just when there was a slight rebound, it was sent back to its original state. While others made a fortune shorting at 71500, you find yourself crying without tears after bottom fishing at 67000. The difference lies in understanding the trend and trading based on intuition. Don't panic; the market will give you opportunities, but it depends on whether you can hold your hand and wait for a rebound to short again. After all, in a downward trend, a rebound is not a bottom but a pit!
On the daily chart, Bitcoin's MA20, MA30, and MA60 show a typical downward arrangement. The price continues to be under pressure below the short-term moving averages, with significant moving average suppression effects. After the MACD dead cross, DIF and DEA are operating below the zero axis. Although the green bars have reduced, no golden cross signal has appeared, and the downward momentum has not been fully released. The current price is oscillating in the range of 66000 to 67000, which belongs to a downward continuation pattern after breaking. The lower level of 65000 serves as a key short-term support; if effectively broken, it will further test the 59800 support level.
On the four-hour chart, Bitcoin is forming a descending triangle pattern. The upper pressure is located between 67000 and 68000, while the lower support gradually narrows to between 65000 and 65500, nearing the edge of a breakout. The price has repeatedly tested the lower support, with weak buying support, and the rebound height is limited. MA60 continues to diverge downwards, establishing the mid-term downward trend. If the lower support is effectively broken, it will open up further downward space. The upper level of 67500 serves as a strong short-term resistance, and the breakout thinking remains unchanged.
Short-term thought reference: Follow the major cycle trend, with small stop-loss and quick entry and exit.
(Alternative) Gradually go long in the range of 65000 to 66000, stop-loss at 64800, targeting cautiously towards 67000 to 68000.
Go short in the range of 67000 to 68000, stop-loss at 68500, targeting 65000 to 66000; if it breaks, look at 60000.
In the cryptocurrency circle, it's always the early birds who feast while those who come late only sip soup, and those who are unaware are left holding the bag.
Specific operations should be based on real-time data; for more information, you can consult the author. The publication of the article may be delayed; it is suggested for reference only, and risks are borne by you.
$ETH I remind you that the market has descended south above 2050, and it is currently repeatedly testing the 2000 level. Don't be fooled by the sideways movement! The long-term bearish structure hasn't broken, and MA60 is firmly pressing down from above. The bulls have made several attempts but haven't stabilized since 2020. Right now, it’s just a case of a lot of drops taking a breather; it’s definitely not a bottoming out. Next, it will either induce a rally before crashing or break down directly. Following the trend to short is the safe play; don’t blindly catch falling knives! #ETH走势分析
$BTC BTC66600 Countdown to market reversal! 67000 southbound, hold with peace of mind, just do good risk control. Consolidation is not a breakthrough; it's the bulls gathering strength and weakening. 67280 previous high pressure ceiling, the next K line will determine the direction, don't act blindly! #BTC行情
Crypto Circle Scholar: Why will Ethereum still head south on March 29? Precisely hitting the southward trend from 2380 to 2000! Latest market analysis and thought reference
Ethereum's current price is 2022. Watching Ethereum drop from 2200 to 2022, and oscillating repeatedly above 2000, isn't there someone who can't help but want to buy the dip? There has never been a myth in the crypto circle that buying the dip is guaranteed profit; only those who understand the trend and execute strictly can survive. Now the rebound is an opportunity for heading south; don't be misled by short-term fluctuations. How to operate next? It's simple: the rebound is the window for heading south.
The daily K-line shows that this wave is a trending downward movement, definitely not a short-term adjustment. After the price broke below the key support of 2100, all short-term moving averages turned down, forming pressure. The MACD death cross has not turned red, indicating that there is no resistance in the upward direction. The lower band of the Bollinger Bands is continuously opening, and the price oscillating between 2000 and 2050 is merely a continuation of the decline, not a stabilization. The upper resistance levels of 2100 and 2120 are insurmountable, while the first target below is between 1900 and 1950, with more southward space still opening up.
The four-hour fast line is under pressure below the MA20 and MA30 moving averages, forming a southward arrangement of short-term moving averages. After the MACD death cross, the green bars have shrunk, but the DIF is still below the DEA, indicating that the southward momentum still dominates. The Bollinger Bands are opening downward, and the price is oscillating between the middle and lower bands, with the rebound not reaching the middle band, making the southward trend clear. Therefore, everyone can focus on the short-term resistance levels between 2050 and 2100, while the key support to pay attention to below is between 1950 and 2000, as both sides are obstacles and also key turning points.
Short-term reference: (Practical data has been updated; consult the author for details)
Heading south from 2050 to 2100, stop loss at 2120, target looking at 2000 to 1950, and after breaking, look at 1740.
(Alternative) Heading north from 1950 to 2000, stop loss at 1930, target looking at 2050 to 2100.
Specific operations should be based on real-time market data; for more information, details can be consulted with the author. There may be delays in article publication; suggestions are for reference only and risks are borne by the reader. $ETH #ETH合约 #ETH走势分析
3.29 Bitcoin is heading south! Don't bottom fish! The downward trend is not over yet, latest market analysis and thought reference
Bitcoin's current price is 66900, this wave of Bitcoin's decline has sent away a batch of brave high-fliers. Earlier, someone was still messaging me saying that anything below 69000 is a golden pit, and in the afternoon, I saw him asking if he could bottom fish at 66000. Always chasing highs and cutting losses, always slapping their thighs. I have long said that the convergence triangle's end combined with a MACD death cross indicates a clear downward trend, but unfortunately, most people only see the minor rebounds in front of them and cannot see the trend behind. Stop asking if you can bottom fish; the southward trend is dominant now, and the rebound is just giving you a chance to go south!
The daily K-line downtrend has not ended at all; since it fell from 76000, all moving averages have been pressing downward, firmly holding the price at low levels. Although the MACD green bars are short, they have not turned red, indicating that the downward trend has not left. The price is currently hovering around 66947, looking like it wants to rise, but in fact, it is gathering strength to fall. The upper resistance between 69000 and 70000 cannot be breached at all; the key levels are 65000 to 66000, which is the first hurdle. If it breaks below, it will head towards 59800, and the daily level is clearly dominated by the downward trend.
After the four-hour K-line broke below 69000, it completely opened the downward channel. All short-term moving averages are turning down, severely suppressing prices; although there was a rebound after the MACD death cross, the green bars did not turn red, indicating that the downward trend is still leading the market, and there are no signs of stopping the decline. The lower Bollinger Bands continue to open, with prices oscillating in the 66000 to 67000 range, and the rebound strength is extremely weak, merely providing better entry points for the downward trend. The upper range of 67000 to 68000 is the southward defense line, while the lower range of 65000 to 66000 is the first target.
Short-term strategy reference: Follow the major cycle trend, small stop loss, quick entry and exit
(Alternative) Gradually move north from 65000 to 66000, stop loss at 64800, target looking at 67000 to 68000 cautiously moving north
From 67000 to 68000, go south, stop loss at 68500, target looking at 65000 to 66000, if it breaks below, look at 60000
In the crypto world, those who are alert and aware eat meat, while those who are slow to realize drink soup, and those who are unaware take the losses.
Specific operations are based on real-time market data. For more information, please consult the author. There may be delays in article publication; suggestions are for reference only, and risks are borne by the reader.
3.28 No more asking whether Ethereum can bottom out; the trend has already provided the answer! Latest market analysis and thought reference
Ethereum's current price is 1980. This wave of Ethereum dropped from 2180 to 1979, truly engraving the phrase 'trend is king' on the chart. Previously, some people shouted for a new high at 2200, and others rushed to bottom fish at 2100, but the market taught them a harsh lesson. I indicated a southward signal from the end of the converging triangle, watching step by step as the target moved from 2120 to 2100, and now to 1979, with each step validating the judgment. In fact, trading has no mysterious science; it’s merely about understanding the structure, controlling your hands, executing the strategy, and leaving the rest to time.
The daily candlestick has given the clearest signal; this wave southward is not a pullback but a trending decline. After the price broke below the key support at 2100, all short-term moving averages turned downward, forming pressure. After the MACD death cross, the green bars continued to expand, and the lower Bollinger Band kept widening, with prices moving down along the lower band, showing no signs of stopping. The upper 2100 has become a stumbling block, making it difficult to rise back; the lower range of 1900 to 1950 is the first line of defense. If it breaks below, there will be deeper declines; on the daily level, it is clearly dictated by the southward trend.
The four-hour chart has clearly broken below 2100, completely opening up the southward space. All short-term moving averages have turned downward, firmly suppressing the price; after the MACD death cross, the green bars continue to expand, indicating that the southward pressure is still building, with no signs of stopping. The lower Bollinger Band is continuously widening, and the price is moving down along the lower band, with very weak rebound strength. The upper 2000 is the southward defense point, while the lower range of 1900 to 1950 is the first target. The four-hour level is completely dominated by the southward trend.
Short-term reference: (Actual trading data has been updated; for details, consult the author)
Southward from 2000 to 2050, stop loss at 2080, target looking at 1950 to 1900, after breaking, look at 1740
(Optional) Northward from 1900 to 1950, stop loss at 1880, target looking at 2000 to 2050
Specific operations should be based on real-time market data. For more information, details can be consulted with the author. There may be delays in article publication; suggestions are for reference only, and risks are borne by oneself. $ETH #ETH合约 #ETH走势分析 #ETH(二饼)
3.28 Things Bitcoin Taught Me: Emotions Are Worthless in the Face of Trends! Latest Analysis
The current price of Bitcoin is 66000. Recently, many crypto friends have told me that this wave of turbulence has shattered their mindset. In fact, there is no need for that; the market never explains itself to you; it only uses trends to show you who is right and who is wrong. I indicated a trend reversal from north to south at 73600, and now at 65870, it's not because I'm particularly skilled, but because I'm willing to spend time breaking down structures and waiting for signals. Take it slow, don't rush; trading is a marathon, not a hundred-meter sprint! The trend is still ongoing, and I will share the key points and entry strategies with my friends who are following me without reservation.
Looking at the daily K-line, the decline of Bitcoin has long been traceable: after dropping from 75998, all short-term moving averages began to move downwards, pressing the price down heavily. The MACD indicator has also turned from red to green, and the green bars are getting longer, indicating that the downward momentum is continuously strengthening. The price has now fallen below 66000; 70000 has become a strong resistance, and the first line of defense below is between 65000 and 66000. If it breaks down, it will continue to push southward towards the year's lowest point. On the four-hour level, Bitcoin has broken below the support of the convergence triangle at 69000, confirming a downward breakout, with the trend direction completely pointing south. The price is under pressure below the MA20 and MA30 moving averages, and the short-term moving averages are forming a downward arrangement; after the MACD death cross, the green bars continue to expand, with DIF and DEA moving down together, providing ample downward momentum. The Bollinger Bands are opening downwards, and the price is running close to the lower band, indicating a clear downtrend. Don’t ask if it can be bottom-fished anymore; the southward trend is dominant now, and any rebound is an opportunity to go south!
Short-term thinking reference: Follow the trend of the large cycle, small stop-loss, quick entry and exit.
(Optional) Gradually move north in batches from 65000 to 66000, with a stop-loss at 64800, targeting 67000 to 68000 cautiously moving north.
Moving south from 67000 to 68000, with a stop-loss at 68500, targeting 65000 to 66000. If it breaks down, aim for 60000.
In the crypto world, it has always been the case that the early birds eat meat, the latecomers drink soup, and the unaware take over.
Specific operations should be based on real-time market data. For more information, you can consult the author. There may be a delay in the publication of this article, so it is recommended for reference only; the risk is borne by the reader. $BTC #BTC合约 #BTC走势分析
$ETH 2080 Short Ethereum, once again verifying trend judgment! Act decisively at key resistance levels, refuse emotional chasing, adhere to technical and macro logic, and the market weakens as expected, with short profits fully realized. The core of trading is to remain clear-headed amidst chaos and restrained amidst enthusiasm. Understand divergence, recognize false signals, hit the right nodes, and you can achieve victory in one strike. The market never lacks opportunities; what it lacks is a deep understanding of structure and strict execution. When the direction is right, every fluctuation is profit, hold patiently and wait for the trend to continue. $ETH #ETH走势分析
$BTC 69000 Shorting Bitcoin, once again validating the power of the trend! While everyone is chasing high and shouting 'the bull market is restarting', I choose to stand on the side of technical analysis and macro logic, decisively positioning short orders at key resistance levels. The market breaks out as expected, completely shattering the bulls' fantasies. True trading experts are never swayed by emotions, they only go with the flow at critical points. Understanding the lies of the market and hitting the pulse of the rhythm, every precise move is a realization of understanding. The market always rewards those who think independently and strictly adhere to discipline, this wave of short orders has perfectly paid off, did you keep up? $BTC #BTC行情
Cryptocurrency Scholar: On March 27, Ethereum 2180 goes south for realization! How to accurately seize this wave of shorts? Latest market analysis and strategic reference
Ethereum's current price is 2040. The recent trend of Ethereum has completely unfolded as we predicted. From a high of 2385, it fell back to consolidate in a converging triangle, then to a layout at 2180 going south. Now the price has dropped to around 2040, precisely hitting the target levels from 2120 and 2100 to 2040. Many friends have been chasing highs and cutting losses during the fluctuations; fundamentally, they did not understand the structure. This wave of market movement has been pointing south from the beginning, but most people were confused by short-term volatility and missed out on certain profits. Now the trend has become clear, and the upcoming layout must be stable, precise, and ruthless.
The daily K-line has given the clearest signal that this wave of decline is not a correction but a trend move downwards. After the price broke below the key support of 2100, all short-term moving averages turned downward, forming pressure. After the MACD death cross, the volume continues to expand, indicating that the northward move has given up resistance. The lower band of the Bollinger Bands continues to widen, and the price is moving down along the lower band with no signs of stopping. The upper pressure level of 2120 is insurmountable, while the first target level below is 1980, and the daily southward space is still opening up.
The four-hour chart has broken below the support at 2100 of the converging triangle, confirming the downward breakout, and the shift direction is completely pointing south. The price is under pressure below the MA20 and MA30 moving averages, and the short-term moving averages are arranged for a southward move. After the MACD death cross, the green bars continue to expand, with DIF and DEA synchronously moving downwards, indicating ample southward momentum. The Bollinger Bands are opening downward, and the price is running along the lower band, with a clear downtrend. The upper pressure level of 2100 is a short-term resistance level, while the first support level below is 1980, and the four-hour southward trend will continue.
Short-term reference: (Practical data has been updated; please consult the author for details)
Going south from 2080 to 2100, stop loss at 2120, target seen at 2000 to 1980.
Going north from 2000 to 1980, stop loss at 1960, target seen at 2050 to 2080.
Specific operations should be based on real-time market data. For more information, please consult the author. There may be delays in article publication; suggestions are for reference only, and risks are to be borne by the reader.
Cryptocurrency Scholar: Bitcoin fell again on March 27! Those who chased high are crying, while those who shorted are laughing! The next target has been clearly defined! Latest market analysis and thought reference
Bitcoin's current price is 68300. Are there people slapping their thighs watching Bitcoin drop from 71500 to 68200? Either they chased high and got trapped above 71000, or they cut losses below 69000. In fact, the script for this wave of the market was written long ago. I provided the strategy to head south from 71500 in advance, targeting 69000. The price has now dropped below 68500, completely confirming the judgment. The cryptocurrency market has never relied on luck to make money; understanding trends and executing strictly is the only way to profit when others are in panic.
Since the daily K-line peak retreated, it has been under pressure below the short-term moving averages. MA20, MA30, and MA60 have formed a complete southward arrangement, and the medium-term upward momentum has completely exhausted. After the MACD death cross, the green bars continue to expand, with southward momentum continuously accumulating; the Bollinger Bands open downwards, and the price is running close to the lower track, indicating a clear downward trend. 7100 has turned from support to strong resistance, with the first support below looking at 68000. If it breaks below, we look further to the range of 65000 to 59800, and the daily southward trend will continue.
The four-hour chart has broken below the converging triangle support at 69000, confirming the downward breakout, and the direction of the trend is completely pointing south. The price is under pressure below the MA20 and MA30 moving averages, and the short-term moving averages are forming a southward arrangement; after the MACD death cross, the green bars continue to expand, with DIF and DEA moving downwards simultaneously, providing ample southward momentum. The Bollinger Bands open downwards, and the price is running close to the lower track, indicating a clear downward trend. The upper limit of 70000 is the short-term resistance level, while the lower limit of 68000 is the first support level, and the four-hour level southward trend will continue.
Short-term strategy reference: Follow the trend of the larger cycle, with small stop losses and quick entries and exits.
For the lower range from 68300 to 68000 going north, stop loss at 67800, target looking at 69000 to 70000 cautiously going north.
For the upper range from 69000 to 70000, go south in batches, stop loss at 70500, target looking at 68500 to 68000; if it breaks below, continue to look at 65000 to 60000.
The cryptocurrency market has always been about those who are aware and proactive eating the meat, while those who are late to realize drink the soup, and those who are oblivious take over the losses.
Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication, and it is recommended for reference only at your own risk. $BTC #BTC合约 #BTC走势分析
$ETH Ethereum has now reached 2080 from 2180 going south. The current price in the evening is 2080, and the strategy update is as follows:
Holders: Friends who entered the market going south at 2180-2200 can move the stop-loss down to 2120 and continue to hold with a target of 2050-2000.
Aggressive friends: Near the current price of 2080, take a light position to short, with a stop-loss at 2120 and a target of 2050-2000. Conservative friends: Wait for a rebound to the range of 2100-2120 to build short positions in batches, with a stop-loss at 2150 and an unchanged target.
As for friends wanting to go north,
consider taking light positions to bet on a rebound in the range of 2050-2000, with a stop-loss at 1980 and a target of 2100-2120. Be strict with quick entries and exits.
Additionally, a reminder that the trend is clear; it is best not to go against the trend for bottom fishing! Currently, the bears are dominant, and shorting on rallies is the optimal choice. Use small stop-losses and hold onto trend positions to capture full profits. Follow me, and I will promptly update the next layout after breaking 2050, helping you steadily seize this wave of bearish dividends! #特朗普希望尽快结束对伊朗战争
After taking profits on Bitcoin at $BTC , what should we do? Evening short-term strategy
Find precise entry points, small stop-loss for large gains The entry point for the southward position is between 71000-71500 with phased short positions, stop-loss point: 71800 Target 70000-69500, after breaking 69500, continue to look down to 68500-68000
For the northward position, it is recommended to participate lightly: between 69000-68500 with phased northward positions, stop-loss point: 68000 Target point: 70000-71000, do not linger in battle, quick in and out #特朗普希望尽快结束对伊朗战争
$ETH Prediction at two o'clock in the morning was perfectly fulfilled today! Ethereum 2180-2200 short position layout, target 2120 has been accurately reached. Four-hour converging triangle + MACD death cross signal, trend logic is spot on. The crypto world has always been: prediction → execution → validation → cashing out. Follow me, I'll take you to profit in the next wave of market.
$BTC Bitcoin 71500 Short to 70000 Target Achieved Analysis at two in the morning, current profits. Trends don’t lie, execution is the key to profit. Consistent and stable output, only trade what you understand, earn what you should earn. #特朗普希望尽快结束对伊朗战争
Cryptocurrency Scholar: On March 26, Ethereum's converging triangle is about to change, one K-line will determine everything! Latest market analysis and thought reference
Ethereum is currently priced at 2165, ETH is stuck at 2165, neither up nor down, don't be fooled! This is not a bottom formation; it is a correction after excessive decline, and the long-term downtrend has not changed. The MA60 moving average is pressing down from above, unable to rise, while the south is gaining strength. The next K-line will determine the direction; blindly bottom-fishing or chasing highs can easily lead to losses. Following the trend is the right way.
The daily bearish framework remains unbroken, and the long-term trend still leans bearish. After the K-line fell from a high of 2385, it rebounded to the Fibonacci 0.786 resistance level of 2425 and encountered resistance, falling back. Currently, it is grinding near 2165, having not broken through the previous downtrend line, which is a technical recovery after excessive decline. Although the MACD red bars have increased, the DIF is still hovering near the zero axis, with insufficient upward momentum while downward remains dominant. Additionally, the K-line is currently under pressure near the MA60 line at the 2144 moving average, and the bearish arrangement of the moving averages has not been completely broken.
The four-hour change window has opened, with the K-line falling back from a high of 2385, gradually raising the lows and lowering the highs, forming a converging triangle consolidation pattern. The volatility range continues to narrow, with the MACD red bars continuously shrinking and the DIF showing signs of a death cross while upward momentum is diminishing. The key triangle upper resistance is at 2200, and lower support is at 2100. Once either side breaks, be prepared for any situation; safety first.
Short-term reference: (Practical data has been updated; consult the author for details)
Below 2120 to 2100 upward, stop loss at 2050, target at 2160 to 2180.
Above 2180 to 2200 downward, stop loss at 2245, target at 2120 to 2100. If it breaks below 2100, continue downward to 2080 to 2050.
Specific operations are based on real-time market data; for more information, please consult the author. There may be delays in article publication; it is advised for reference only and risks are borne by oneself.
Cryptocurrency Expert: The recent rebound of Bitcoin on March 26 is just a flash in the pan; the bearish trend will still dominate the market? Latest market analysis and thought reference
The current price of Bitcoin is 70900. Recently, many friends in the crypto community have been asking: After lingering around 70880 for so long, should we buy the dip or continue shorting? I'll speak plainly: Since it rose from 59800, BTC has not escaped the previous downtrend. The current sideways movement is just a pause after a significant drop, not a reversal. You can see that the MA60 moving average is still pressing down from above, and there is no strength to push higher. Instead, the more it goes up, the weaker it gets. This kind of stagnant movement is a signal before a trend change; the next K-line could determine the direction, and blindly buying the dip or chasing highs can easily be washed out by the big players.
The daily bearish framework remains intact; the rebound is still a repair. The long-term trend is still bearish. After the price fell from the high of 75998, it rebounded to the Fibonacci 0.786 resistance level of 74011 and encountered resistance and fell back. Currently, it is grinding near 70880 without breaking through the previous downtrend line, which is a technical repair after an overshoot. Although the MACD green bars have narrowed, the DIF is still below the zero axis, indicating that the downward trend still dominates. The K-line is under pressure below the MA30 moving average, and the MA60 continues to exert downward pressure. The arrangement of moving averages downward has not been broken, and the long-term trend remains unchanged.
The four-hour converging triangle's end opens a trend change window; the K-line has retreated from the high of 71742, with lows gradually rising and highs gradually lowering, forming a converging triangle consolidation pattern. The fluctuation range is continuously narrowing, and the trend change signal is already very clear. The MACD red bars continue to shrink, and there are signs of a dead cross between DIF and DEA, indicating that the upward momentum is fading while the downward strength is gradually accumulating. Once the upper pressure of the triangle is broken, it will trigger a trending market.
Short-term strategy reference: Follow the long-term trend, with small stop losses for quick entry and exit.
Buy in batches from 69500 to 69000, stop loss at 68500, target at 71000 to 71500.
Sell in batches from 71500 to 72000, stop loss at 72500, target at 71000 to 70000. If the price breaks below 70000, continue to look down to 69500 to 69000.
The crypto world has always been one where early birds get the meat, latecomers get the soup, and those who are unaware end up holding the bag.
$ETH Cryptocurrency Academician: The entry point for ETH moving south has arrived, afternoon market analysis
Brothers, the Ethereum entry point we mentioned earlier at 2170 has precisely arrived! Now, around 2163 is the best gaming window. How will the afternoon market move? The price rebounded to 2199 before encountering resistance and falling back, currently oscillating around 2163, just at the upper bound of the converging triangle plus the strong pressure area of the MA60 moving average. The bullish momentum has clearly weakened, and there are clear signs of a pullback. MACD continues to contract, and the DIF and DEA are about to cross down, quickly cooling bullish sentiment while bearish strength is accumulating. Currently, the structure of the market shows that the major long-term bearish trend remains unchanged; this rebound is merely a recovery from an oversold condition and has not broken through the downward trend line since 2385. Shorting while moving south completely conforms to the major trend. Afternoon practical strategy: Enter at 2170 moving south, stop loss at 2200, target 2120 to 2100
It’s too late for low buys. Friends wanting to move north should wait for the market to break through 2199 with volume and stabilize, stepping on 2180 to 2190 before moving north. Before that, focus on moving south, with a stop loss at 2160 and a target of 2240.
In the afternoon, closely monitor the support level at 2160. Once it breaks, the bears will exert force directly. Follow the trend and steadily profit from this southward movement #国际油价下跌
$BTC Cryptocurrency Academic: Bitcoin 71100 target has been reached, how will the afternoon market trend? This morning called 69000 northbound, target 71000, now it has been accurately fulfilled! Many brothers have already taken profits, and now the main concern is: will the afternoon continue to rise, or will it peak and fall back? Let's analyze the market closely; 71000 is a key resistance level, the long-short battle is in the afternoon! The price has risen from a low of 68888 and is currently touching near 71100, just at the previous platform resistance MA60 moving average pressure level, which is a strong resistance area, and the bullish momentum has clearly weakened. The MACD red bars are starting to shrink, and there are signs of a downward turn in DIF and DEA, bullish sentiment is overheated, and profit-taking could be triggered at any time. Short-term funds have begun to take profits in batches, and trading volume is gradually shrinking, without sustained volume support, the difficulty of rising is extremely great.
Afternoon practical strategy:
Sell in batches at 71000 and 71500, stop loss at 71800, target looking at 70000 to 69800.
If you can't wait for the low long in the afternoon, then don't give it.
Lastly, a few words for the brothers who got in at 69000, you have already gained over 2000 points in profit, securing profits is the way to go! Focus on the pressure zone from 71000 to 71500 in the afternoon; if it can't break through, it's the bears' world, don't be greedy for the last bite of meat!