$BTC
This time the “Big Bing” pushed up to more than 81,200—around the 82 area. The pressure there is already obvious. The earlier articles also mentioned the 82 area. Also, the four-hour MACD is leaking oil clearly; slowly, the indicator is starting to repair—the fast and slow lines are beginning to return to the zero axis. If this continues, the low at 75,500 will not be able to hold. For conservative safety, enter around 73,000. Yesterday’s daily close wasn’t ideal either. Today’s daily session is also close to ending. Overall, the outlook isn’t very optimistic. Basically, it looks like we’re entering a correction. But from the weekly timeframe, there’s still some room upward to pull the high up. Today is only Tuesday; it’s still early for the weekly close. Using the weekly “angle-bending” principle, resistance is around 88,600, and below that is 82,000. Right now, many people in the market are seeing 90,000+—to be honest, I can’t see it.
$ETH
This time “Elder Two” is weaker than “Big Bing”; it hasn’t made new highs. The four-hour Bollinger Bands have also entered a narrow-range consolidation, starting from these prior high points—this is the buy-point for later. For short-term trading, it’s still quite decent. Be conservative: wait until 2230–2290 to consider entry; the four-hour fast/slow lines are also at the zero axis. On the daily timeframe, judging by the moving averages, this looks like a normal pullback—back to the 10-day moving average. Everyone should注意 that around the end of the month there will be a risk of a pullback. After the pullback ends, it will continue to rally upward. The prerequisite is that 2100 must not break down. From the weekly timeframe, roughly 2700–2800 is still the same view as before. Behind greed, there is always risk. And where there is risk, there is always opportunity.
This time the “Big Bing” pushed up to more than 81,200—around the 82 area. The pressure there is already obvious. The earlier articles also mentioned the 82 area. Also, the four-hour MACD is leaking oil clearly; slowly, the indicator is starting to repair—the fast and slow lines are beginning to return to the zero axis. If this continues, the low at 75,500 will not be able to hold. For conservative safety, enter around 73,000. Yesterday’s daily close wasn’t ideal either. Today’s daily session is also close to ending. Overall, the outlook isn’t very optimistic. Basically, it looks like we’re entering a correction. But from the weekly timeframe, there’s still some room upward to pull the high up. Today is only Tuesday; it’s still early for the weekly close. Using the weekly “angle-bending” principle, resistance is around 88,600, and below that is 82,000. Right now, many people in the market are seeing 90,000+—to be honest, I can’t see it.
$ETH
This time “Elder Two” is weaker than “Big Bing”; it hasn’t made new highs. The four-hour Bollinger Bands have also entered a narrow-range consolidation, starting from these prior high points—this is the buy-point for later. For short-term trading, it’s still quite decent. Be conservative: wait until 2230–2290 to consider entry; the four-hour fast/slow lines are also at the zero axis. On the daily timeframe, judging by the moving averages, this looks like a normal pullback—back to the 10-day moving average. Everyone should注意 that around the end of the month there will be a risk of a pullback. After the pullback ends, it will continue to rally upward. The prerequisite is that 2100 must not break down. From the weekly timeframe, roughly 2700–2800 is still the same view as before. Behind greed, there is always risk. And where there is risk, there is always opportunity.
