Follow to see more, making millions. Hello everyone, I am analyst Gu Jingci, here to share my views, I also hope that every friend who follows can have a good profit!
You can follow the public account Gu Jingci, focusing on mainstream coin guidance and layout. Bitcoin/Ethereum surged in the early morning yesterday, entering long positions near 66000 and 1980, rising to around 68000 and 2080. Subsequently, after a high in the evening, I repeatedly reminded to enter short positions near 67600 and 2070. In the morning, it repeatedly dipped to around 66200 and 2010, with the first target almost all reached, achieving over 3000 points and 150 points space first long then short. Currently, the market has surged again, but it has come to the previous box structure's upper edge under pressure, focusing on the breakout situation at 68500 to 69000 and 2100 to 2120. Looking at the six-hour level, the Bollinger Bands are narrowing downward; the market is just hitting this position and facing pressure, relying on this position to continue to enter short positions.
Currently, the market has rebounded several times after hitting the bottom, but has not escaped the oscillating pattern. From a technical perspective, the daily price is running within a descending wedge or bottom convergence pattern. The MACD indicator shows signs of shortening in the negative histogram, and the RSI has risen from the oversold area to around 40, showing rebound and repair momentum. The resistance above still exists, and the support below is gradually strengthening, with the overall volatility gradually narrowing, indicating a trend change signal; before breaking the position, it can focus on the pressure above after the rise.
Operation suggestion: Continue shorting Bitcoin near 68100 to 68500, with a target of around 65500 to 66500; continue shorting Ethereum near 2080 to 2100, with a target of around 2000 to 2020.
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