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

CN
1 year ago

The year has passed, and the new year has already begun. We return to the track of life, each continuing to be busy and live our lives. We begin to look forward to the arrival of spring, looking forward to all the beauty. The roads we have traveled, the experiences we have had, the clumsy and slow growth, have made us more independent and enriched. We harvest, lose, and then slowly let go; we grow, reflect, and continue to improve. The flowers are about to bloom, and the beauty is about to come. Let us bravely embrace the new year, year after year, day after day, becoming increasingly abundant.

During the Chinese New Year, the price of Bitcoin rebounded, reaching a peak of 52859, and Ethereum reached a high of 2907. The market has been soaring, breaking through the daily resistance and continuing to rise. The market has now broken through the position, and we need to test the next resistance level. Whether this wave can break through 69000 depends on this final defensive line. Ethereum is also continuously rising, once again breaking through the previous high. Obviously, there is still some room for upward movement. Currently, the overall market is showing a bullish trend, and there have been no signals to go short. In trading, we should just follow the trend.

From the daily chart, Bitcoin, yesterday's small positive candlestick at the high level is consolidating and correcting. Although the space has not further expanded, the retracement space is small. Instead of falling back, it is still a strong bullish consolidation market, and there is still hope for a short-term buildup to challenge the previous high. On the four-hour chart, the price of Bitcoin is in an upward staircase pattern, consolidating and building momentum near 50650, and the overall rhythm is not yet a strong one-way trend. The price is accompanied by repeated high and low confirmations, but the trend rhythm is upward. We should mainly follow the trend first, look for the continuation of the rebound, and pay close attention to the suppression of the previous high point, and then consider shorting.

On Monday, Bitcoin can be bought directly near 52250, with a target of 52900-53500. Ethereum can be bought directly near 2900-2910, with a target of 2960-3000.

Whether you are a novice or an experienced trader struggling in the market, or seeking a stable and profitable trading method, or feeling confused about long-term, medium-term, and short-term investments, you can find me. You can follow the public account: "山河哥论币" for real-time guidance and strategy benefits.

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