Daily analysis of the cryptocurrency market (10.14)
1. The A-share market will bottom out between 3100 and 3300, and there will be another upsurge at the end of the year, but it will not be so fierce.
2. The collapse of this round of bull market will start from the AI track.
3. Long positions are being held. Taking Bitcoin as an example, it has already eaten 6,000 points. But it will be considered to go short at 67-68. It is necessary to go down at the 1h level here.
4. Don't blindly chase long positions at present, unless the entity breaks the weekly large-scale trend line suppression.
5. There are two ending options for this 4h level up, 71000/74000.
Operation:
1. Long positions are being held:
$BTC is 1/3 with principal protection at 67000, 1/3 at 71000 and moved up to 63000 for principal protection, and fully closed at 79000.
$ETH : 1/3 at 2800 with principal protection, 1/3 at 3800 and move up to 2700, and fully closed at 4400.
$SOL : 1/3 at 162 with principal protection, 1/3 at 192 and move up to 152, and fully closed at 240.
2. Two shorting opportunities within the year:
2.1 Bitcoin 67000, Ethereum 2800, SOL162 for the first short layout, target 64500/2700/152
2.2 Bitcoin 71000, Ethereum 3800, SOL192 for the second short layout, target 67000/3100/163, short stop profit and reverse long.
P.S: If the short position of Bitcoin 71000 is swept, try the short layout again at 74000. If a small probability event occurs, this 4H-level callback cannot be pulled out at 74,000. Then the long orders will be gambled to the 85,000 line. Ethereum SOL synchronization.
3. After this round of market, take a break for a while, then look for shorting opportunities, and start the next ultra-long-term shorting plan for 6-8 months. It is also possible to split the ultra-long-term shorting plan into 2 long-term short orders and 1 medium-term long order, because the cottage cannot roll short positions, and can only go short in two waves. This will be seen later.