Good evening everyone, I am Jiang Xin. The results yesterday were great, and everyone has already experienced it. Just look back at the previous posts. The entry raid for Ethereum at 2860 exceeded a hundred points of space, and the competition for Bitcoin between 86500-87500 has been confirmed by the market.

Let's briefly review. On the evening of the 25th at 9:15, Bitcoin's 15-minute K-line formed a doji around 87500, and without buying volume, it continued to rise, facing selling pressure tests. The MACD's response was very intuitive, failing to touch the zero axis before turning down. The entire process from yesterday to today has been oscillating in the 86000-88000 range, with the main oscillation zone competing in the 86500-87500 range. The structure is particularly frustrating. The seesaw pattern is chaotic, and both bulls and bears are very hesitant about the future market. There is no firm buying below, and no firm selling pressure above, making the main force's attitude towards the future market extremely unclear. However, from the hourly perspective, it is oscillating around the center of 87000.

Ethereum's movement is equally frustrating. However, the reactions on the chart are more intuitive, with obvious support around 2860 and pressure around 2950, and resistance at 2925. The willingness of bulls to take over at high levels is low, and the rebound during the pullback is weak, but the rebound process does not have obvious suppression like Bitcoin. Looking at the moving averages, Bitcoin's hourly EMA120, 144, and EMA30 are around 87500. Currently, my attitude towards the future market is the same as yesterday. If it can stabilize and break through 88000, we can look towards 91500. Conversely, the range is 86500-87500.

For Ethereum, the hourly EMA120 and 144 are around 2983 and 2900, respectively. Notice that Bitcoin is basically operating below its major cycle moving averages, while Ethereum is above. The two different frequencies may interfere with the direction of the future market. For the future market, we will first look at the oscillation. Bitcoin's oscillation range remains 86000-88000, while Ethereum oscillates in the 2850-2980 range.

My inclination towards the future market remains unchanged, oscillating to digest differences and moving in a seesaw manner, with a bias towards the upside. I still recommend going long at 86200 and adding at 85200. Position stop-loss should be planned by yourself. For short-term reference, the oscillation range is 85800-88000, and try to focus on one-way longs. For Ethereum, go long at 2868, add at 2828, and set a stop-loss at 2785. The recent market is relatively weak, with turbulence in the financial market, and risk-averse sentiment will sweep across the entire market. There will be more opportunities in the future; just keep a low profile and make a fortune.

For peers, you can refer to the public account: Jiang Xin on Chan.

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。