Technical Analysis: The market made a strong advance yesterday, successfully reaching a new phase high of 1089.0, but the trend did not continue upward. Last night, bearish forces launched a surprise attack, causing prices to quickly retreat to the 1060 range; however, it did not break below the recent support at 1050, instead showing that it has stabilized at 1060, followed by multiple rounds of testing. Notably, the current price lows have gradually risen to 1066, indicating initial signs of a slow upward trend.

From a technical indicator perspective, the 15-minute level shows positive signals: momentum has significantly strengthened, and the moving average system has formed a golden cross, indicating that short-term bullish forces are accumulating; the MACD indicator is also in a phase of momentum accumulation, with red bars gradually increasing, further confirming the sustained rise of bullish momentum.

At the hourly level, the market structure is more intriguing. Bearish momentum is accelerating its decline, and the previously formed death cross has entered a consolidation phase. With the continuous infiltration of bullish forces, it is expected to evolve into a golden cross pattern. The current price is operating near the middle band of the Bollinger Bands, which has become a critical watershed for the bulls and bears. If the current hour's candlestick can effectively close above the middle band, it not only signifies that the bulls have successfully taken the dominant position but also likely triggers a new round of upward movement—prices may challenge the previous high of 1089.0 again, thereby restarting the upward trend. Investors need to closely monitor the closing situation of the upcoming candlesticks and the accompanying volume to seize potential trend reversal opportunities.

Review of yesterday's price movement: Yesterday, Monday, saw an increase from 104400 all the way up to 108900, but the weekly close indicated a bearish direction. The market is always right; if one misjudges, there is only one possibility: it is still necessary to explore the key position of 110000 before proceeding with the next steps.

If that is the case, then the next couple of days are quite critical. The fluctuating range that continued last week no longer exists under this market condition, and the 2-hour oscillating upward price channel has been broken. Although the candlestick is still within the price channel, it seems that everyone has already accepted the support at 106500. The 2-hour line needs to see if this line's pressure is sufficient; if the pressure is not enough, it will continue to decline. Below the line is yesterday's position at 105000 (the bottom of the line). Above the line is a new situation (the top of the line is 107700). If it stabilizes above the line again, this indicates an impulse to test the previous high (the previous high of 110000).

However, those familiar with Hongwei know that he prefers to give direct advice. Given the current trend, one can directly enter long positions; the current upward trend is still strong, and the 2-hour line has been continuously increasing in momentum, with the death cross occurring four times without the opportunity to converge. The oscillating upward trend is quite evident.

Hongwei's Coin: Strategy Sharing for the 16th-17th:

Enter long at market price for Bitcoin, add positions at 10500, take profit at 108000-109000-110000

Enter long at market price for Ethereum, add positions at 2500, take profit at 2650-2700-2750

Daily publication of personal insights on mainstream coins.

I cannot control how the market moves, but I can provide relatively stable entry positions through intraday indicators, which can reduce the risks involved in trading and increase the probability of profit. Layout based on intraday pressure and support positions will be highly stable; remember to strictly set stop-loss and take-profit levels. All are welcome to exchange differing opinions!

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。