Jin Yifan: Short-term trading strategies for Bitcoin and Ethereum in the evening

CN
老金
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9 months ago

Yesterday, the trend of Bitcoin first suppressed and then rose, ending the weak trend, recovering all the declines from Wednesday, bottoming out and rebounding, and showing signs of stopping the decline on the daily chart. It found support at the 63,000 level, launched a rebound, and rose above 66,000, breaking the weak trend of the small cycle.

Looking at the 4-hour chart, the trend is relatively strong, with a wave of upward momentum breaking the previous downtrend. In the Asian market, it quickly recovered and reached the 67,000 area. In the afternoon, it can rely on this area to go long. This kind of strong stretching with limited downside space, short-term pressure from the bulls, maintain a bullish strategy in operation.

Friday evening operation suggestions: BTC short-term: Long at 66,800, target 68,500, 69,500 (can short once it reaches 68,500) Ethereum short-term: Long at 3,210, target 3,280 (can short once it reaches 3,280)

  • I am Jin Yifan, a "teacher" dedicated to analysis. Friends who have questions about operations or trends can communicate and learn together!

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