Follow for more, make millions, hello everyone, I am analyst Gu Jingci, sharing my views here, hoping that each friend who follows can achieve good profits!
You can follow the public account Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum at 1940 and around 66000 have been reminded several times to enter long positions. Yesterday, during the rise, I decisively entered short positions around 70500 and 2095. The market's surge and subsequent retreat's overall space can be observed. The red packet market during the Spring Festival each year is never lacking, and the overall space is still very good. Currently, the price on the 4-hour chart shows it is in an ascending channel, with recent candlesticks forming a series of higher lows and higher highs. The latest 4-hour candlestick has an upper shadow, indicating some selling pressure near 2150 and 71500. The daily chart shows the price has rebounded strongly from the low in early February, forming a preliminary V-shaped reversal pattern, demonstrating a strong buying intent.
In terms of technical indicators, the DIF and DEA lines continue to golden cross and diverge upwards above the zero axis, with the MACD histogram being positive and increasing, indicating a strong uptrend on the 4-hour level. The significant rise over the past two days accompanied by huge volume confirms the validity of the rebound trend on the daily level. If there is a subsequent pullback that doesn’t break, the market will start a new round of rising rebounds. However, in the short term, we can continue to switch between high and low points for swings. Once short-term resistance is broken, the trend will directly reverse, so it is best to primarily focus on trend swings.
Trading advice: Short Bitcoin around 70500 to 71000, target around 68000 to 69000; Short Ethereum around 2095 to 2120, target around 2000 to 2030.
The daily analysis and strategy have a high win rate, which can be seen. Analysis and strategies are for reference only; please assume your own risks. The timeliness of article review and publication is not guaranteed, please rely on real-time for accuracy! More strategies can be followed on the public account: Gu Jingci
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