Ethereum Analysis:
Ethereum experienced a sharp drop from 3500 to 3150 in the early hours yesterday, which seemed to be a deliberate move to clear out the long positions before initiating a rebound. The recent bullish trend has been too smooth, almost mindless, making it easy to profit from long positions.
After the market shakeout, the hourly chart still shows a 5 consecutive positive trend, reaching the pressure point at 3500 once again. In the short term, there is a demand for a pullback, with support at 3370-3350. Since Ethereum is still far from its historical high, there is still room for growth, considering the recent surge in the overall cryptocurrency market. Therefore, the strategy for Ethereum today is to wait for a pullback and then consider buying at a lower price. The reference range is 3350-3370.

Bitcoin Analysis:
Bitcoin continues to show strength, following the principle that its upward movement is as long as its downward movement. The current candlestick pattern no longer holds any reference significance, as it is purely driven by market sentiment. Bitcoin is only 5000 points away from its historical high of 69000, with a monthly increase of over 20,000 points. Today being the last day of the month, there is a high probability of continued upward momentum when the new month begins, and breaking the new high is likely to happen in an instant. However, just as with Ethereum, there is anticipation for a deeper market shakeout before breaking the new high, so we will have to wait and see.

The choices we make are far more important than the effort we put in; destiny only shuffles the cards, and it is always us who play them. Some people see opportunities and seize them, while others see traps and fear. Just like the current market situation, seizing the opportunity is the most important.
For those who are interested in the author's insights and want to seek advice on trading, please pay attention to "Ziya's Coin Analysis."

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。




