8.6: Today I’m Jin Yingying. The market is pulling back to build momentum in the short term; in the coming period, look to buy on dips.
Last night, Bitcoin spiked up by 650. Ethereum broke above 1927. All of the people mentioned (Monet/Dan) have fully cashed out to pick up profit. Currently, Bitcoin has touched the upper band of the Bollinger Bands and is under pressure, pulling back. Multi-period moving averages remain in a bullish alignment. The MACD histogram is still in the positive (red) zone and running; bullish momentum has not weakened.
ETH is showing relatively stronger performance. In the past 24 hours, it’s up 1.85%. The order book shows solid buy-side support, and the short-term pullback is only digesting short-term profit-taking positions.
Overall, the rhythm is a pullback to build momentum, and then to go long on dips.
Bitcoin entry reference: go long at 64,300–63,500. After building momentum, aim to break through and test prior highs above 65,000; then look at 65,800 and 67,000.
Ethereum entry reference: go long at 1,890–1,850. Upside targets are 1,930 and 1,970.
#SpaceX上市后首份财报跌11% # During the rebound in Korean stocks, foreign investors net bought 1.4 trillion KRW
Last night, Bitcoin spiked up by 650. Ethereum broke above 1927. All of the people mentioned (Monet/Dan) have fully cashed out to pick up profit. Currently, Bitcoin has touched the upper band of the Bollinger Bands and is under pressure, pulling back. Multi-period moving averages remain in a bullish alignment. The MACD histogram is still in the positive (red) zone and running; bullish momentum has not weakened.
ETH is showing relatively stronger performance. In the past 24 hours, it’s up 1.85%. The order book shows solid buy-side support, and the short-term pullback is only digesting short-term profit-taking positions.
Overall, the rhythm is a pullback to build momentum, and then to go long on dips.
Bitcoin entry reference: go long at 64,300–63,500. After building momentum, aim to break through and test prior highs above 65,000; then look at 65,800 and 67,000.
Ethereum entry reference: go long at 1,890–1,850. Upside targets are 1,930 and 1,970.
#SpaceX上市后首份财报跌11% # During the rebound in Korean stocks, foreign investors net bought 1.4 trillion KRW