In yesterday's big cake post, I arranged a low-long position below 56,300, and I made money again. In the afternoon, I sent another circle of friends to ask everyone to pay attention to the 4-hour line EMA30 moving down without breaking through, and then consider taking profit on long orders and reversing short positions. It can be seen that the intraday market rose slowly and fell quickly, and it turned out that the bears took advantage of it.
In the 4-hour chart, the K-line was suppressed again and moved down to the current lower track position near the upper track of the Bollinger band and the EMA30 position as expected in yesterday's article. From the MACD chart, it can be seen that the 0 axis continues to shrink and is close to the 0 axis. DIF and DEA form a short-term closing. Li Hui expects that DIF will diverge again after approaching DEA and run in the 4-hour Bollinger channel. This box may continue to last for a few days. It is recommended that you can arrange high-altitude low-long positions, but you must also prevent DIF and DEA from forming a dead cross again, so remember to defend long orders.
Operation suggestions
Short Bitcoin at 55800-55500, target 54300
Short Ethereum at 2400-2380, target 2250
