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

CN
1 year ago

The pleasant weekend has come to an end, and a new week has begun. With the passion for life and the vision for the future, spread your wings and fly towards your ideal direction. Let's set sail together this Monday and keep going. After the recent fluctuations, AICoin has once again shown a unilateral upward trend, reaching a new high of 3131. Bitcoin has remained relatively stable and continued its strong performance after breaking through the 52000 mark. Last week's achievements undoubtedly provided a perfect answer for my trusted friends, with Bitcoin gaining a total of 12550 points and AICoin gaining 1051 points, with both experiencing minor fluctuations.

The market prices have been maintaining high-level fluctuations after continuous growth. It is important to note that in an uptrend, after a period of increase, the market prices will enter an adjustment phase. This correction usually takes two forms: time correction, which trades time for space, often referred to as oscillation; and accumulation of energy through retracement to prepare for a new rise. It is clear that the current market prices are undergoing time correction, completing the adjustment through consolidation and then continuing to rise. The short-term formation of a bottom reversal indicates a shift from resistance to support, which can be seen as the intraday support level for entering long positions. According to the strong trend, there will be no further breakthrough after the second retracement, and even if there is a dip, it will be a false break. Intraday trend-following long positions can be captured.

On Monday, Bitcoin can be directly bought at 51500-51700, with a target focus on the 52500 range and a view towards 53000. Ethereum can be directly bought at 3070-3190, with a target focus on the 3131 range and a view towards 3200.

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Whether you are a novice, a struggling trader in the market for many years, or someone seeking a stable profit method, as well as those feeling confused about long-term, medium-term, and short-term investments, you can find guidance from me to improve your practical skills and survive in the market in the long run. You can follow the public account: "山河哥论币" for real-time guidance and strategic benefits.

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