Attention, and see the benefits of millions. Hello everyone, I am analyst Liangqiu. Here I share my views and hope that every friend who follows can have a good return!
In the past few days, I have been continuously laying out short positions for Bitcoin/Ethereum, mainly focusing on the resistance of 26800 and 27000 for Bitcoin and 1650 for Ethereum. However, with the recent surge in the evening, currently, Bitcoin has directly stabilized above 27000 on the four-hour chart, and Ethereum has also stabilized above 1650. The trend is not favorable, so it's time to make a timely change.
First, let's look at the four-hour closing situation. Overall, looking at the K-line trend from yesterday, it started with a downward pin bar, followed by a pull-up, with Bitcoin showing a stronger trend, forming a top-to-bottom conversion. Subsequently, pay attention to the support near 26500 below and try to shift the mindset to focus more on long positions.
Looking at the indicators, the four-hour Bollinger Bands are slightly open, the MACD bearish volume is weakening, and the KDJ three lines are slowly extending upwards. From the four-hour chart, after the continuous positive K-line, it touched the previous resistance and slightly refreshed the recent high. In the short-term hourly chart, the continuous positive K-line shows sufficient upward momentum. Currently, it is advisable not to chase the upward trend. Wait for the market to recover and pull back, then enter long positions at the low level. Overall, the focus is on long positions.
In terms of operations, enter long positions for Bitcoin near 26600 to 26900, with a target near 27500 to 27800; for Ethereum, enter long positions near 1630 to 1640, with an initial target around 1680.
I am Liangqiu, a "teacher dedicated to analysis." Friends who have questions about operations or trends can communicate and learn together! Weibo, Liangqiu in the currency circle.
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