Blockchain Liangqiu: 3.7 Bitcoin/Ethereum Trading Strategy with Market Analysis

CN
顾景辞
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1 year ago

Pay attention and see the profit of tens of millions. Hello everyone, I am analyst Liangqiu. Here I share my views and hope that every friend who follows can have a good profit!

First released on the official account, you can follow the official account Liangqiu, focusing on mainstream currency guidance layout. For Bitcoin/Ethereum, we laid out short strategies around 67300 to 67600 and around 3820 to 3840 last night. As of the time of writing, the lowest point of Bitcoin touched around 65600, once again gaining nearly 2000 points of space. Unfortunately, we suffered losses directly in Ethereum at 3880. However, friends who follow me are also clear that after the rise failed to exceed 3900, we laid out short positions again and recouped the losses. Currently, the market is oscillating widely, with a lot of volatility. With the position arranged properly, the overall space will be good.

Looking at the four-hour and daily charts, there are signs of a high rebound and fall again. I emphasized many times yesterday that although Ethereum's trend was strong yesterday, breaking the high point again, it cannot be denied that Bitcoin weakened first. After rebounding, it began to retreat without exceeding 68000. This kind of upward trend in Ethereum is more of a lure for long positions. Looking at the moving average indicators, there is a need for further downward correction in the market. Bitcoin needs to pay attention to the support near the 7-day moving average of 64500, while Ethereum needs to pay attention to the 3600 level.

For intraday operations, continue to enter short positions near 66100 to 66400 for Bitcoin, with a defensive position at 67000 and a target near 64500; for Ethereum, continue to enter short positions near 3800 to 3820, with a defensive position at 3850 and a target near 3720.

The article has a time-sensitive nature, and the market fluctuates greatly. Friends who are confused about their operations can follow the official account, Liangqiu.

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