Once the fan count effectively exceeds 5k, I will start live streaming for everyone, guiding you to make trades with evidence and logic. There are too many scammers and deceivers; having your own opinions is the most important thing. Whether right or wrong, I am willing to pay for my stance.
12:40 PM Review of yesterday’s analysis: the trend was quite standard. Yesterday, I mentioned that breaking 3240 could see a move toward 3275-90, with long positions reaching up to 71 at the highest. I also emphasized that shorting Bitcoin is not cost-effective, and a low-buying strategy should be adopted. Looking back at yesterday’s views, they were quite reasonable, right? Honestly, there’s no need to trade constantly in such a market; I checked yesterday and couldn’t stand it. Suddenly, I thought of a saying: if there’s no trend, there’s no need to force trades. Wait until the market shows high probability of winning before making a move. If you can do this, you will beat 95% of the market. Sadly, few can achieve this, especially with frequent trades and various pressures. Returning to the current market: as shown below, my personal judgment is that the current trend is slightly downward, around 3180. After that, a stabilization and upward trend is expected. At worst, it will be a broad-range oscillation between 3160-80 and 3280-90. Small-scale ultra-short-term ups and downs are not within the scope of consideration. If there is a valid break below 3180, my view remains the same as yesterday: around 3110, long positions must be stopped out. Note that this is after the stop of the decline, and stop-loss should also be set. As for strategies, there’s no need to act now because different levels are contradicting each other. The overall market is bullish on Bitcoin and bearish on Ethereum. For Bitcoin, you can open a long position at 91300-600, with add-ons at 90600. Set a stop-loss at 89800, and take profits at 92600-93700, or higher. Take one step at a time. For Ethereum, the current trend is unclear, and I’m unsure, so I prefer to observe. This is just my personal opinion, for reference only.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Once the fan count effectively exceeds 5k, I will start live streaming for everyone, guiding you to make trades with evidence and logic. There are too many scammers and deceivers; having your own opinions is the most important thing. Whether right or wrong, I am willing to pay for my stance.
12:40 PM
Review of yesterday’s analysis: the trend was quite standard. Yesterday, I mentioned that breaking 3240 could see a move toward 3275-90, with long positions reaching up to 71 at the highest. I also emphasized that shorting Bitcoin is not cost-effective, and a low-buying strategy should be adopted. Looking back at yesterday’s views, they were quite reasonable, right? Honestly, there’s no need to trade constantly in such a market; I checked yesterday and couldn’t stand it. Suddenly, I thought of a saying: if there’s no trend, there’s no need to force trades. Wait until the market shows high probability of winning before making a move. If you can do this, you will beat 95% of the market. Sadly, few can achieve this, especially with frequent trades and various pressures.
Returning to the current market: as shown below, my personal judgment is that the current trend is slightly downward, around 3180. After that, a stabilization and upward trend is expected. At worst, it will be a broad-range oscillation between 3160-80 and 3280-90. Small-scale ultra-short-term ups and downs are not within the scope of consideration.
If there is a valid break below 3180, my view remains the same as yesterday: around 3110, long positions must be stopped out. Note that this is after the stop of the decline, and stop-loss should also be set.
As for strategies, there’s no need to act now because different levels are contradicting each other. The overall market is bullish on Bitcoin and bearish on Ethereum.
For Bitcoin, you can open a long position at 91300-600, with add-ons at 90600. Set a stop-loss at 89800, and take profits at 92600-93700, or higher. Take one step at a time.
For Ethereum, the current trend is unclear, and I’m unsure, so I prefer to observe.
This is just my personal opinion, for reference only.