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BTC: Market Analysis
The short-term 4-hour BTC market is currently showing a pattern of near W-shaped double bottom support. The short-term market is currently under pressure at the 37600 level, with short-term attention to the upper neckline pressure at the 38000 level. The KDJ indicator shows a turning point in the three lines, and the MACD indicator shows a large volume of red hollow kinetic energy columns. The daily market K-line trend is still upward, with the K-line low slowly rising. The KDJ indicator shows a golden cross upward in the three lines, and the MACD indicator shows a decrease in volume of green hollow kinetic energy columns. From the daily perspective, the current market is in a high-level oscillation and absorption phase. The support below is focused on the 36400 level, and it is recommended to focus on long positions.
BTC Trading Suggestions
Short at 37650-38000
Long at 36850-36450
ETH Trading Suggestions
Short at 2035-2055
Long at 1955-1970
Suggestions are for reference only. Take profits at your own discretion.
Strength is not just talk on paper, nor is it boasting profits with words. Strength is a meticulous mindset combined with strict execution. Go out with a goal, come back with results. There are no markets that don't make money, only orders that can't hold profits. When others are making profits, and you are in a loss, you might as well chat with Brother Coin from the West. The bond starts with reading, recognition starts with adding, trust starts with experience, and profits start with following orders. As long as you are willing, I will not disappoint!
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