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Gu Jingci: 2.16 Bitcoin/Ethereum early morning long positions successfully rose, currently pullback can continue to enter long.

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顾景辞
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1 month ago
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Follow for more, earn millions, hello everyone, I am analyst Gu Jingci, sharing my views here, hoping that every friend who follows can achieve good returns!

You can follow the WeChat public account Gu Jingci, focusing on mainstream currency guidance and layout. The early arrangement for Bitcoin/Ethereum was a long position near 68000 to 68500 and 1930 to 1950, which successfully rose to above 70000 and 2020 for a decent profit. Currently, the market has pulled back, and overall it has been oscillating back and forth in recent days, with the volatility continuously narrowing, indicating that a change in the market is imminent, and a trend reversal is about to happen. The 4-hour K-line pattern shows mostly small bodies with long upper and lower shadows, indicating hesitation and a tug-of-war between bulls and bears at low levels; however, the rebound momentum is insufficient, and the downside space is limited. The daily chart shows a large bearish candlestick with a long lower shadow and high trading volume, indicating strong selling pressure, but the long lower shadow also suggests that there is some buying support below.

In terms of technical indicators on the 4-hour chart, both the DIF line and DEA line are operating below the zero axis, and the DIF line continues to cross below the DEA line. The MACD histogram is negative and continues to expand, showing that the current market is in a clear bearish trend, and the bearish momentum remains strong. Recently, the trading volume of the 4-hour K-line has relatively shrunk, indicating that after a sharp decline, the market has entered a wait-and-see and consolidation phase, with both bulls and bears losing some strength.

Evening and early morning trading suggestions: Bitcoin continues to go long around the current price of 67800 to 68300, with a target of around 70000 to 71000; Ethereum continues to go long around the current price of 1950 to 1970, with a target of around 2050 to 2100.

Daily analysis and strategy have a high win rate, which can be seen. The analysis and strategy are for reference only; risks are to be borne by yourself. The article review and publication lack timeliness, specific details are subject to real-time updates!More strategies can be followed on the WeChat public account: Gu Jingci

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Selected Articles by 顾景辞

11 hours ago
Gu Jingci: Bitcoin/Ethereum entered a narrow range oscillation in advance.
1 day ago
Gu Jingci: 4.3 Bitcoin/Ethereum long and short positions continue to profit, along with market analysis from midnight.
2 days ago
Gu Jingci: 4.2 Bitcoin/Ethereum mainly sees a decline in the early morning.
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