Hello, everyone, I am analyst Gu Yue, who has been deeply involved in the currency circle for seven years. I respect a prudent operation, believing that only with a stable trading concept can there be stable profits. I analyze the current market with a professional perspective, grasp the current trend, and avoid being a Monday morning quarterback, only acting as a pioneer in the market.

--Market Analysis--

After the market retraced last night, it spiked up again in the evening to the position where we entered the short position. Our short position successfully took profit in the morning, and then we reversed to enter a long position. The idea of going short first and then long was perfectly reflected in the market. As time passed, the fluctuation amplitude at the daily level gradually shrank, and the entire market mainly oscillated back and forth between support and resistance. In such a market process, our back and forth operations always yield substantial profits.

From the current overall market perspective, after hitting bottom in the morning, it started to rebound. The MACD red energy column at the hourly level is gradually increasing, KDJ has formed a golden cross, and the moving averages have started to turn upwards. At the daily level, the BOLL is showing a parallel upward trend. The overall major trend is definitely still dominated by the bulls. At this time, it is just a lack of momentum that prevents an immediate upward movement, which is a continuation pattern in an upward trend. It can also be seen as a process of accumulation of energy. In the subsequent market process, oscillating upward will definitely be the main trend. For short-term operations, focus on shorting at high levels and longing at low levels, while for long-term operations, focus on longing and wait for the next round of upward movement.

Buy Bitcoin near the current price of 36400, with a target of 37200-37500. Profit can be taken at your discretion.

Buy Ethereum near the current price of 1980, with a target of 2030-2050. Profit can be taken at your discretion.

On the long and winding road of life, there are countless investment choices, but only a few crucial steps. Different choices may determine different paths in our lives. I interpret world economic news, analyze global investment trends, provide daily market trend analysis, trading strategy guidance, professional investment consulting and services, and help you reach the peak of financial management.

This article represents only personal opinions, for reference only, and should not be used as a specific basis for operation. For more market analysis and strategy guidance, follow the WeChat public account: Gu Yue KOL.

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