Shanhe Brother's Coin Analysis: Midnight Bitcoin and Ethereum Trading Suggestions and Analysis Strategies

CN
2 years ago

The best state of dealing with people is to be neither humble nor pushy. Caring too much about others' opinions and evaluations can only make it difficult for oneself to act freely, hesitate, lose oneself, lose individuality, and lose self-worth. Persist in your choices, believe in what you persist in, and that is the correct path for you. It is not important how others see you, what's important is for you to be yourself and do what you believe is right. The intraday Bitcoin short position encountered a deep pullback beyond our expectations. After the loss in the morning, we did not blindly enter the market. In the evening, after the market stabilized slightly, we entered a short position near 42450 and 2229. We also gained 350 points in Bitcoin and over 20 points in Ethereum as expected, recouping some of the intraday losses. However, compared to the previous winning streak, today's losses are within an acceptable range.

On the 4-hour chart, after the previous probe and rebound back to the range, there was still pressure near the upper rail last Friday. The single positive pull-up did not forcefully break through the upper rail, and the short-term is still dragging. This week, we still focus on the resistance of the upper rail. If it is not broken at the beginning of the week, we will continue to be bearish. The first resistance is followed by the wide range upper rail, which was under pressure last Friday. Ethereum also entered the drag. In the dragging market, we will look for a short position near the upper rail and then switch to long near the lower rail. Repeat this entry point. Currently, we still focus on the short side, combined with the closing situation of the candlestick chart, there is currently no breakthrough in volume. After a small release of upward space, the hourly chart returned to the downward channel.

Short Bitcoin directly from 42800 to 42500, with a target of 41500. Short Ethereum directly from 2260 to 2250, with a target of 2190.

No matter if you are a novice, struggling in the market for many years, or seeking stable profit methods, or feeling confused about long-term, medium-term, and short-term investments, you can find me, a partner who aims to improve your practical combat capabilities and survive in the market in the long term.

You can follow the public account: "山河哥论币" for real-time guidance and welfare strategies.

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