Ethereum hits new high again - the strong get stronger

CN
汤米
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1 year ago

Ten years of sharpening a sword, there are reasons for the rise and fall; Bulls and bears do not linger in battle, securing profits is the only way to safety.

Hello everyone, I am Tommy, a cryptoeconomist, and a trader rooted in the currency circle for 6 years, focusing on Ethereum (ETH). First, let me talk about the three things I don't do in trading: don't trade when tired, sleepy, or exhausted; don't trade when in a bad mood; don't trade when unable to understand the market trends. (In a bad state, one cannot perform at a normal level, leading to significant errors in market judgment.)

Follow K-line Life Tommy Official Account: Opportunities are created in different time periods every day, there is no need to rush, the original intention has never changed. While creating profits, focus on professional risk control, making investments valuable, walking for the long term, not letting down the encounters and trust in the past. I am available 24 hours a day for real-time guidance. If you have any questions, you can leave a message. All strategies are open for free, the only designated official account to follow. Do not use your financial resources to estimate the market, and do not let the amount of profit or loss affect your determination! - Tommy

Review: The overall market is still dominated by bulls. BTC rose from $51,563 to a daily high of $52,532, but did not break through the mid-month high of $52,859. It then fell back to a narrow range oscillation below. On the other hand, Ethereum rose to a high of $2,987 in the morning, once again breaking the new high for the year. From the current gains of Bitcoin and Ethereum, it seems that the bullish sentiment for Ethereum is stronger, as I mentioned in the article yesterday that when the hot spot of the current period comes to an end, there will be expectations for the next market hot spot sector to be sought after by hot money. Ethereum will undergo the London upgrade next month, and related benefiting sectors can refer to the early layout mentioned in yesterday's article.

Market situation:

ETH rose from $2,718 to $2,987, with a daily increase of 9%. The monthly chart is expected to stabilize above the 3000 integer mark after the second round of retracement and bottom-building (high-level washing and bottom-building), breaking through the high point platform of the previous bull market retracement at the 3200-3500 level.

BTC short-term operation suggestion: Long at 51,400-51,550, take profit at 52,000-52,400. Stop loss at 51,000

For more analysis of related currencies, please pay attention to the official account for details. ↓

Mainly for spot, contract, BTC/ETH/ETC

Expertise: Candlestick trading

Original volume trading tactics.

Short-term wave high and low positions, medium and long-term trend orders, daily extreme retracements, weekly K-line top predictions, monthly line top predictions

Official account QR code

Friendly reminder: The WeChat official account at the end of the article is created by the author himself!

Please be cautious in distinguishing between true and false, thank you for reading!

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