【BTC】Many people are shouting for a bull market again with this rebound, but is it really stable? Today, I will give you a cold splash of water with real-time data from the daily and 4-hour charts, thoroughly discussing potential risk signals and support and resistance levels. Don't let short-term bullish candles cloud your judgment; clarify the trend and risks before deciding whether to enter the market. Otherwise, jumping in means picking up the tab. After reading this article, you'll know how to avoid pitfalls! I'll explain everything from trends to indicators clearly, even marking stop-loss and entry points distinctly. No fluff, just practical insights. After reading, you'll know how to strategize going forward, so stop guessing the direction and being misled.
yourself get swept out repeatedly!
The daily candlestick is in a rebound recovery phase after a downtrend. The price has stabilized above the EMA15, and the EMA15 has crossed above the EMA30, indicating a shift from weak to strong in the short-term trend. The MACD red bars are expanding, with the DIF and DEA running above the zero axis, showing that bullish momentum is gradually being released. The middle band of the Bollinger Bands is turning upward, and after a quick pullback to the middle band, the price surged, indicating strong support below. The short-term probability leans towards a continued oscillating upward trend.
[Ethereum] The trend is even more stable than Bitcoin, so stop holding onto those high-position short orders. The trend has just turned upward, so don't go against the market. Keep your position light and manage your stop loss well; don't always think about going all in to capture the whole move. It's perfectly fine to take some profits and run. The market has plenty of opportunities; what it lacks is people alive to wait for them—don't let
One impulsive move wiped out all previous profits.
The daily chart is currently in a rebound recovery phase. The EMA15 and EMA30 have formed a golden cross upward, and the price has stabilized above the short-term averages, indicating a shift from weak to strong trend. The MACD red bars are continuously expanding, with the DIF and DEA running above the zero axis, showing that bullish momentum is being gradually released. The middle band of the Bollinger Bands is turning upward, and after a quick pullback to the middle band, the price surged, indicating strong support below. The short-term probability leans towards a continued oscillating upward trend.
Trading advice:
[Bitcoin] Looking at the range from 72678 to 73000 for a northward move, stop loss below 72000, target at 75500 to 76500;
For the range from 77100 to 77333, looking south, stop loss at 78100, target at 74100 to 73000;
[ETH]
Stop loss below 2230 in the 2250-60 range, watch for a short at 2420, aiming for 20-30 points.