10.10 Bitcoin/Ethereum operation strategy with market analysis
After the drop last night, we placed a long order in the middle of the night between Bitcoin/Ethereum 27200 to 27400 and Ethereum around 1570. Ethereum was much weaker overall, and even continued to insert a needle downward, and then rebounded after hitting the bottom. Bitcoin hit a maximum of around 27750, and Ethereum hit around 1592. The overall space is not large.
Looking at the four-hour line, there was a wave of decline after 00:00 last night, and then it began to rebound. Ethereum closed with a long lower shadow in four hours, but it is a pity that the long lower shadow closed in the dark. After repairs in the evening and the white market , there are currently signs of stabilization above 1560, and you can rely on this position to enter the market with long orders. The overall trend of Bitcoin is relatively much stronger. The lowest point last night did not break the 27200 support. This is also one of the reasons for the bullish view in the future.
In terms of operation, you can continue to enter the market with multiple orders near 27300 to 27500 for Bitcoin, with the target above 28000; you can continue to enter the market with multiple orders near 1565 to 1575 for Ethereum, with the target near 1620.
Posting is time-sensitive, please pay attention to communication for specific strategies! #BTC #ETH
After the drop last night, we placed a long order in the middle of the night between Bitcoin/Ethereum 27200 to 27400 and Ethereum around 1570. Ethereum was much weaker overall, and even continued to insert a needle downward, and then rebounded after hitting the bottom. Bitcoin hit a maximum of around 27750, and Ethereum hit around 1592. The overall space is not large.
Looking at the four-hour line, there was a wave of decline after 00:00 last night, and then it began to rebound. Ethereum closed with a long lower shadow in four hours, but it is a pity that the long lower shadow closed in the dark. After repairs in the evening and the white market , there are currently signs of stabilization above 1560, and you can rely on this position to enter the market with long orders. The overall trend of Bitcoin is relatively much stronger. The lowest point last night did not break the 27200 support. This is also one of the reasons for the bullish view in the future.
In terms of operation, you can continue to enter the market with multiple orders near 27300 to 27500 for Bitcoin, with the target above 28000; you can continue to enter the market with multiple orders near 1565 to 1575 for Ethereum, with the target near 1620.
Posting is time-sensitive, please pay attention to communication for specific strategies! #BTC #ETH