Trading philosophy: Look at the trend in the long term, find the position in the short term.

Market review: In the past two days, the market basically met the expected bearish trend, with Bitcoin touching as low as 60800 and Ethereum near 3055. The profit from short positions is still very good.

Technical analysis: For Bitcoin, the daily Bollinger Bands have basically completed the closing action, and the market is currently probing the lower track. The MACD moving average and KDJ line are running downwards, and the bearish volume continues to increase. On the 4-hour chart, the Bollinger Bands are running downwards, the MACD moving average is starting to run upwards, the KDJ line is running upwards, and the bearish volume is gradually decreasing. As for Ethereum, the daily Bollinger Bands have completed the closing action, the MACD moving average and KDJ line are running downwards, and the bearish volume continues to increase. On the 4-hour chart, the MACD moving average is starting to run upwards, the KDJ line is running upwards, and the bullish volume is starting to show!

In summary, the current market is still in a deep correction stage overall. Bitcoin at 61300 and Ethereum at 3350 are the watershed for long and short positions, which need to be closely watched. If they cannot hold, the market will once again experience a major decline. Therefore, it is still recommended to focus on short positions in operations!

Trading recommendations:

Short Bitcoin in the 64700-65200 range, with a target of 63000-61500 and defense at 65700.

Short Ethereum in the 3350-3400 range, with a target of 3200-3000 and defense at 3450.

The strategy is time-sensitive, and specific guidance in real time should prevail.

Follow WeChat public account "允彦"!

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。