Mountain River Brother's Comparison: Bitcoin and Ethereum Operation Suggestions and Analysis Strategies

CN
1 year ago

Due to the stimulating news, the currency price also experienced a strong downward trend last night. We seized the opportunity to enter long positions near 36800 and 1981 in the early morning, capturing a rebound in the bull market. We also timely exited near 37480 and 2016, securing our profits. As our long positions exited, the market continued to decline. Adhering to our prudent approach, we did not attempt to capture the downward trend, only taking what we should. The early morning layout also secured over 600 points for Bitcoin and over 30 points for Ethereum, which can be considered a relatively satisfactory performance for our trusted friends.

From the daily chart, the currency price is currently running near the middle track. After dipping to around 35600 in the early morning, a bottoming out and bullish reversal pattern emerged. The red bullish energy columns slowly began to regain lost ground, and the KDJ 3-line showed a golden cross signal. The currency price has a trend of rebound correction. From the four-hour chart, the currency price is currently running above the lower track, with the appearance of a large bullish column in the structural pattern. The red bullish energy columns have increased volume, and the KDJ indicator's three lines are all pointing upwards. From the short-term hourly chart, the bulls are beginning to show a slow recovery trend, while the weakness of the bears is evident. Therefore, in the short term, we can still capture a rebound in the bull market.

Direct long positions for Bitcoin at 36000-36200, with a target of 37000. Direct long positions for Ethereum at 1965-1970, with a target of 2030.

Follow the public account: "Shanhe Brother's Coin Analysis." Real-time guidance and benefit strategies.

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