There is only one direction for investment, not long, not short, only the right direction. I am the Coin Brother of the West, a friend who is willing to accompany you to make a comeback. The long road to recovery, Coin Brother is with you.
BTC Market Analysis
After Bitcoin quickly rebounded to the 66000 level, faith is important in the coin circle. We can capture the profit space of the callback, but we cannot lose faith in the coin circle. Overall, the price will definitely break through to new highs again. Returning to the daily line, the pressure at 67600 is imminent. The bearish volume of MACD has surged three times, so the high-level suppression on the daily line is very strong at the moment, requiring some time to digest the market. Therefore, the position for shorting on the daily line should focus on the 67600-68000 range. On the four-hour chart, there are signs of U-shaped bottom pattern recovery, and the price may rise to the previous high of around 67800 in line with the trend. The MACD bullish and bearish energy has clearly reversed, and the fast and slow line has formed a golden cross, indicating a subsequent price rise and recovery. After the bullish volume surged three times on the one-hour candlestick chart, the price stabilized at a high level and oscillated, showing a trend of continuing to rise and fall to find support. Therefore, considering the overall situation, it is suggested to short Bitcoin on the rebound. Ethereum has risen by more than 200 points from the early session and is about to reach the upward resistance level near 3300. Overall, it also maintains short-term operations of rebounding and shorting.
BTC Operation Suggestions
Short at 67600-68200, stop loss at 500, target at 65500 level
ETH Operation Suggestions
Short at 3280-3320, stop loss at 3360, target at 3180 level
Suggestions are for reference only, take profits at your own discretion
Strength is not just talk on paper, nor is it bragging about profits. Strength is a meticulous mindset combined with strict execution. Go out with a goal, come back with results. There are no markets where you don't make money, only orders that you can't hold onto. When others are making profits and you are at a loss, you might as well chat with the Coin Brother of 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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