Bitcoin and Ethereum have reached new highs. With continuous positive news, is there still an opportunity?

CN
汤米
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1 year ago

Ten years to forge a sword, there are reasons for the rise and fall; Bulls and bears do not love war, it is safe to put it in the bag.

Hello everyone, I am Tommy, a cryptoeconomist, and a trader who has been rooted in the currency circle for 6 years, mainly researching Ethereum (ETH). First, let me talk about the three things I don't do in trading: don't trade when tired, sleepy, or exhausted; don't trade when in a bad mood; don't trade when unable to understand the market trends. (In a bad state, one cannot perform at a normal level, leading to significant errors in market judgment.)

Follow K-line Life Tommy's official account: Opportunities are created in different time periods every day, there is no need to rush, the original intention has never changed. While creating profits, focus on professional risk control, making investments valuable, walking for the long term, not letting down the encounters and trust in the past. I am available 24 hours a day for real-time guidance. If you have any questions, you can leave a message. All strategies are open for free, and the only designated official account to follow. Do not estimate the market with your own financial resources, and do not let the amount of profit or loss affect your determination! - Tommy

Review: After experiencing the approval of the ETF, the market has seen a surge due to the halving of Bitcoin, and related sectors such as Ethereum have also seen a significant increase. As of this morning, Ethereum has risen by more than 40% in one month. So, is 2024 the highly anticipated bull market? Can Bitcoin once again reach 69,000? First of all, there is the Cancun upgrade on March 13th. Almost every Ethereum upgrade is accompanied by a thematic market trend. In the last upgrade on April 12, 2023, the POS-related projects also received market attention. Referring to the previous market heat, Tommy recommends two related currencies that can be positioned in advance for this Cancun upgrade. First, the most intuitive beneficiary of this upgrade is Optimistic Rollups (such as: Arbitrum and Optimism), because according to the settings of Optimistic Rollups, there is a 7-day fraud-proof time window. The transaction data stored in the blob is exactly the information needed when Optimistic Rollups initiates a challenge.

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Then there is the mainstream currency ETH, which after experiencing the red envelope market trend during the Spring Festival, once again reached a new high this morning. The current upward trend is still very strong, with no significant selling pressure above. Instead, the previous grayscale is once again buying during the selling process, which means that the 2500-3500 trapped positions after the bull market in 2021 are gradually being released without any selling situation, and new consensuses are buying while the old ones continue to hold. The 3500 area in this round of market will be a very critical turning point, so buying and holding on dips at the current position is fine, and there is no need to worry about standing guard at high positions. The trend has already opened up very clearly.

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Publicly available data only includes the returns of ETH, and can be checked and supervised across the network. Real-time guidance is the main focus of actual trading data. Details can be found by following the official account.

Mainly targeting spot, contract, BTC/ETH/ETC.

Expertise: K-line trading.

Original trading volume battle tactics.

Short-term wave high and low positions, medium and long-term trend orders, daily extreme retracements, weekly K-line top predictions, monthly head predictions.

QR code for the official account

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Friendly reminder: The only WeChat official account at the end of the article is created by the author himself!

Please be cautious in distinguishing between true and false. Thank you for reading!

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