Tracking real-time hotspots in the currency circle, seizing intraday trading opportunities!
Greetings everyone, I am Jin Lun, with 8 years of experience in the market, specializing in interpreting market news, real-time layout trading for short and medium-term, precise control of positions, and stable returns! The trading principles are to seize entry opportunities, conduct good technical analysis, know when to stop, exit in time, be prepared for the future, and prevent potential risks. Real-time monitoring, online guidance, with Jin's assistance, you will have a better understanding of the currency circle and achieve a win-win situation in flipping positions! - Jin Lun
Follow "Jin Lun's Insights" public account: Trading is an investment in value, selection, timing, analysis, cycle, and patience are all indispensable. Do not let temporary losses affect the correct judgment of the overall trend, and do not let short-term gains or losses affect your trading mentality. Keep a calm mindset, follow the trend, and everyone can be a king in the currency circle!
Review: Previously, Jin Lun provided a bearish strategy at the high point during the trading session. Looking at the overall market situation, Bitcoin and Ethereum successively reached high points around 1660 and 27500, respectively, and then faced downward pressure, causing the market to decline. Currently, Bitcoin is back in the range of 26300-37200 points, and Ethereum is back in the range of 1610-1640 points. In the short term, attention should be paid to whether the support line below is broken and the trend starts to decline, combined with the weekly and daily market trends. The MA30 moving average in Ethereum has filled the gap above the average line, and the market has started to decline with the trend. Currently, the bearish trend is relatively strong, and if the short-term market does not break, the overall market's box consolidation trend also needs to be defended. Considering the recent changes in the market range, Jin Lun believes that the overall market direction still maintains a bearish strategy at the high point!
BTC: Recommended short entry at 27200-27300 points, risk control at 27800 points, target at 26300 points.
ETH: Recommended short entry at 1630-1640 points, risk control at 1675 points, target at 1610 points. If it breaks through, continue to look at the support near 1580 points.
Main currency pair recommendation: BTC/ETH contract
Trading style: Follow the trend, box transaction strategy.
The strategy is for reference only, the currency market is risky, and investment needs to be cautious!
Public account QR code:
Friendly reminder: The WeChat public account at the end of the article is created by the author personally!
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