Follow to see, earn tens of millions, hello everyone, I am analyst Gu Jingci, here to share my views, and I hope that every friend who follows can have a good return!
Follow the public account Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum has seen multiple pullback strategies during the recent market dips, with the market successfully rebounding after many declines. First, the day before yesterday long positions were entered around 1975 to 1985 and rose to around 73900 and 2030. Yesterday, positions were re-entered around 1985 to 1995 for another long, with the market also rising to around 74300 and 2045. Overall, Bitcoin's rebound strength is not significant, while Ethereum's two trades also had nearly 100 points of space. Congratulations to friends who have followed Silk Road. Currently, after the market dip and rebound, it is once again in sideways consolidation, but the lows are continuously rising, indicating a rebound trend after bottoming.
The latest candlestick is a small bullish line with an upper shadow, and trading volume has dramatically shrunk, indicating that the short-term market is in a consolidation phase, with long and short forces temporarily balanced. On the 4-hour chart, the DIF line has crossed above the DEA line, forming a golden cross, and the MACD histogram has turned positive and continues to expand, showing certain rebound momentum in the short term. However, both the DIF and DEA are below the zero axis, indicating that the overall trend still leans bearish, with a rapid short-term decline and significant resistance above. On the daily chart, the price drop is accompanied by large trading volume, showing strong selling power, but at the same time, some funds are supporting at lower levels.
Morning trading suggestion: Continue to go long for Bitcoin around 73000 to 73400, target 74700 to 75500; continue to go long for Ethereum around 2000 to 2010, target 2060 to 2090.
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