Market laws, twists and turns, cycles of change, internal cultivation, external practice, the road ahead is long. Doubt can filter risks, but it can also lead to missed opportunities. To seize opportunities, one must be brave enough to try. Different attitudes towards life yield different results. Without great ambitions, even with the help of influential people, one will ultimately achieve little. Countless difficulties are not insurmountable; a successful investor's story is actually a history of learning and growth. The journey may be tough, but don't forget the original intention, and you will eventually succeed.
2024.2.25 BTC———————
After the Lantern Festival, the price of Bitcoin did not show a significant increase. The daily line oscillated and absorbed funds around the 51,800 support level after stabilizing at 50,500. Despite the continuous price increase on the daily line, the MACD indicator in the attached chart is accelerating with increasing volume, and the fast and slow lines have formed a death cross at a high level, diverging downwards. Overall, the daily line shows a very confusing trend, and 51,500 is already a short-term watershed for the daily line. In the short term, the price on the four-hour chart has re-entered the Bollinger upward channel. The suggested support below is 51,200, and the resistance above is 52,200. Finally, there is a certain bullish trend on the four-hour chart, but it is not very obvious. Considering the above, it is suggested that Bitcoin will have a stable and moderate pullback, with support for long positions.
Pending orders:
Long at 51,200-51,500, with a stop loss at 500
Short at 52,200-52,400, with a stop loss at 300
2024.2.25 ETH———————
Ethereum is currently firmly positioned above the 2,950 mark, which serves as a key level for both long and short positions, and the price has once again broken through to a new high. Additionally, there is a significant divergence on the daily line, and it is recommended to pay close attention to 2,980. On the four-hour chart, the Bollinger Bands are diverging, and the MACD fast and slow lines have formed a golden cross with increasing volume, indicating a strong bullish trend. The support on the four-hour chart is at 2,980, and the resistance above is at the psychological level of 3,100. Considering the current situation, it is suggested to focus on short positions for the rebound of Ethereum.
Pending orders:
Long at 2,980-2,960, with a stop loss at 20
Short at 3,100-3,090, with a stop loss at 30
The content of this article is exclusively created by senior analyst Qin Chuan. He has been researching the investment fields of Bitcoin, Ethereum, contracts, spot trading, gold, foreign exchange, and stocks for many years. Currently, he mainly guides contract operations and has solid theoretical knowledge and practical experience. He excels in combining technical and fundamental analysis, emphasizes capital management and risk control, and has a steady and decisive operating style. He is widely recognized by investment friends for his amiable and responsible character and sharp and decisive operations. For more real-time investment strategies, trading techniques, operational skills, and knowledge of candlestick charts, follow the public account: Zhao Qin Chuan
Disclaimer: The above analysis represents the author's personal views and does not constitute specific operational advice. Any operations based on this information are at your own risk. Investment carries risks, so be cautious when entering the market.
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。




