3.14 Zhang Lihui: Will Bitcoin's support below soar? Is Ethereum keeping up with the trend?

CN
1 year ago

I am Zhang Lihui, born for trading. If you have any questions, you can always follow me. It is foolish to enter the market recklessly, and it is wise to find the right person. A small boat drifts in the sea. If you don't hoist the sail, you will drift in the sea forever. Lihui currently has deep and unique insights into various currencies in the currency circle. Each analysis is not an emotional game or a release of emotions. Each opening and closing is a professional performance. Lihui strictly demands to write each analysis report carefully, and conveys valuable investment thoughts, hoping for value and gain!

Bitcoin's market operation suggestion was to short at 73300 yesterday, and the downside has already gained more than 1000 points! The market fell back to 71700 last night and showed a reverse trend, continuing to operate above the 4-hour Bollinger Band midline! So it has basically stabilized! Today, it is still recommended to focus on long positions at low levels, and you can consider going long in the 72000-72500 range! The market changes rapidly, so please set your take-profit and stop-loss levels and take profits when you see fit!

As for Ethereum, the market has not been very strong these days, and there is not much room for movement even with the stimulus from the news! Looking at the 4-hour chart, there is significant resistance in the 4060-4080 range! The Bollinger Bands are showing a tightening trend, and the market is not expected to change significantly. You can consider operating with short positions at high levels and long positions at low levels. Pay attention to short positions at around 4050-4040, with profits of 50-80 points. For long positions, focus on the 3960-3940 range, and take profits when you see fit!

I interpret world economic news, analyze the global trend of the currency circle, and have conducted in-depth research on Bitcoin, Ethereum, Litecoin, DOT, and other currencies during my study in the United States. For those who do not know how to operate, you are welcome to comment and leave a message!

This article is exclusively published by Zhang Lihui (WeChat Official Account: Zhang Lihui) and does not represent any official position. The publication of the article is subject to review and has a time delay. The above points are for reference only, and the risk is your own. Investment is a practice. Understanding trade-offs is the key to success. Lihui is willing to walk with you on this road, becoming stronger and happier as we go.

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