10.21 Bitcoin and Ethereum Market Trend Analysis and Trading Suggestions!

CN
允彦
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12 hours ago

Trading Philosophy: Look for trends in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily chart shows a bullish candlestick near 110500, the Bollinger Bands continue to open downwards, the MACD moving average continues to trend downwards, bearish volume continues to decrease, and the KDJ is starting to trend downwards again. On the 4-hour chart, the Bollinger Bands are beginning to close upwards, the MACD moving average is starting to flatten and trend upwards, bullish volume continues to decrease, and the KDJ line is starting to trend downwards;

For Ethereum, the daily chart shows a doji candlestick near 3980, the Bollinger Bands are slowly opening downwards, the MACD moving average continues to trend downwards, bearish volume continues to decrease, and the KDJ line is starting to trend downwards again. On the 4-hour chart, the Bollinger Bands are starting to close, the MACD moving average is beginning to trend downwards, bearish volume is starting to slightly increase, and the KDJ line is starting to trend downwards;

Currently, the market is facing resistance and pulling back, subsequent operations are recommended to short on rebounds!

Operation Suggestion: Short on rebounds!

Short Bitcoin at 108500-109000, target 107000-106000, stop loss at 110000;

Short Ethereum at 3920-3950, target 3850-3750, stop loss at 4000;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

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