9.6 Bitcoin/Ethereum Evening Trading Strategy with Market Analysis

CN
1 year ago

Bitcoin/Ethereum evening operation strategy with market analysis

In the past few days, there have been multiple layouts of low long positions for Bitcoin/Ethereum, including re-entering long positions near 25600 and 1620 yesterday. The market has limited space, with pressure above and support below, and poor continuity in both long and short positions. Regardless of going long or short, there is profit to be made, but the space is limited.

What needs attention this week is the low point of Bitcoin/Ethereum from last week, which is the support level of 25300 and 1600. As long as this level is not broken, long positions will be fine. After accumulating strength, there will be a new round of upward movement. However, during the upward movement, it is also necessary to pay attention to the position of breaking the previous weekly trend level, which is 28500 and 1800. Even if taking long positions later, be cautious of the reversal at this level.

In the past few days, it has been emphasized multiple times in the articles that there is no need to be excessively bearish, as the current position is also the consolidation position since the drop on the 17th, where it is expected to rebound after multiple touches without breaking this position. Low long positions can be patiently held or entered on dips.

In terms of operation, it is advisable to continue entering near 25600 for Bitcoin and 1620 for Ethereum.

The article has a time-sensitive nature. For specific strategies, follow the public account "梁丘."

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