Bitcoin and Ethereum are about to face a storm, how to make money in this shaky market?

Let's analyze the market around this theme.

First, let's take a look at Bitcoin, which has seen two consecutive days of bearish daily candles.

Doesn't it look like it's about to waterfall? But let's not forget a detail: its MACD indicator is at a low level.

Although the bears have reduced their volume, the MACD indicator is still low.

This means that even if there is a waterfall, the space for decline is limited. Assuming there is a sharp drop in the next day or two, a reminder: if you want to short during a sharp drop, make sure to set a stop-loss. If you can't short, where to go long? Here we see a bullish candle supporting the price.

There is also a bullish candle supporting the price, and there are many wicks; these details have been laid out for you.

You need to study these details carefully. So the conclusion is simple: either short when it rebounds to the right level in this small cycle, but don't go all in. If you want to go long, then look at the densely packed areas on the daily level.

These lows, which I just marked in the lines, if it falls back to around 84,800 or 83,800, you can go long at a lower price. If it drops to around 83,000, of course, the market is ever-changing.

From the daily perspective, Bitcoin's direction is not particularly clear right now; it is oscillating within these small ranges. If you say to go long, it feels weak; if you say to go short, it doesn't bounce back. So the range is small, and when the range is small, what you need to do is patiently wait.

Now let's look at Ethereum, which also has a flat Bollinger Band on the daily level. Yesterday it formed a doji star, but its Bollinger Bands are slightly downward.

If you think it will waterfall down deeply, in reality, its space is also limited. Look at the MACD energy bars for the bearish crossover; they are not able to expand.

Even with a large volume, it can't drop, indicating a state of reduced liquidity, with both bulls and bears reducing their volume. If the range cannot be widened, we stick to the old strategy: either wait around 2,800, 2,780, or 2,800 for a long position.

Like last night’s spike, you could also go long around 2,900 for a profit of a few dozen dollars, but you will find that you can't hold your position; just when you think you have a good setup, it gets taken back by the market.

For short positions, look at 2,975, 2,994, and 3,001 to short, with a stop-loss at 3,005. If you make a profit, be flexible in taking profits and reduce your position in batches.

Then for the remaining position, ensure you have a break-even stop-loss. This way, you can have a strategy that is both offensive and defensive, steady as an old dog.

For more strategies, follow the public account BTC-ETH Crypto.

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。