Last night's analysis article suggested going long on Bitcoin at 10.30-10.34 and Ethereum at 2575. Approaching midnight, Bitcoin gained over 1100 points and Ethereum saw a profit of over 30 points, which is quite good for short-term trading. We reminded everyone to take profits.
Currently, it is 5.18 early morning, and the daily price level is running below the MA5 10-day moving average, with the moving averages forming a death cross. The MACD and KDJ indicators are leaning towards bearish sentiment, and looking at the 12-hour chart, the current price has retraced and broken below the middle band, with the BOLL bands starting to narrow, combined with low trading volume indicating a weak consolidation adjustment.
On the 4-hour chart, the price continues to be suppressed by the middle band and the MA30-day moving average, leading to a weak downward trend towards the lower band. In the MACD indicator, the DIF line and DEA line are hovering below the zero axis, with all indicators leaning towards a weak consolidation and retracement trend. Therefore, from early morning to tomorrow morning, my personal view is to maintain a short-term trading strategy of buying low and selling high.
The support level is around 102000-10000. If it breaks the first support, the bearish trend will accelerate towards the 100000 mark.
Trading strategy: 103300-103800 range, target: 102500-102000, stop loss: 104100.
Ethereum's overall trend is in sync with Bitcoin. Currently, due to low trading volume over the weekend, the market is generally leaning towards weak consolidation and retracement. The support level is around 2410. For early morning to tomorrow morning, my personal view is still to maintain a short-term trading strategy of buying low and selling high.
Trading strategy: 2495-2530 range, target: 2445-2410, stop loss: 2545. This is expected to be sufficient for the short-term trend, and I will continue to follow up later.
Personal views are for reference only. There may be delays in article review and push notifications, and the market changes rapidly. Specific entry and exit points should be guided in real-time, and caution is advised when entering the market.
Writing analysis articles is not easy; everyone is welcome to like and support. A scientific and reasonable trading system, along with position control and risk management techniques, can help you reach greater heights! It will guide you out of confusion and darkness! Just like you, who are still indecisive at this moment, quickly scan the QR code to follow for surprises and real-time market 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。