Article editing time: 00:20 am on May 9, 2023. There is a delay in the review of the article being published on the website. It is mainly for reference, and the specific strategy is mainly based on real-time strategy.
Did the overnight US market not stretch? In the past, every interest rate hike would have a significant impact on the cryptocurrency market. The expected upward trend did not appear. The academician also said that the market may not rise after the interest rate hike.
In addition, after the opening of the three major stock indexes overnight, US regional banks began to rebound. Westpac Bancorp rebounded by more than 80% since last Friday. Some people said it was a last gasp, some said there were experts behind it, and some said the Fed would not cut it for the time being because the US's 31.4 trillion US Treasury bonds were about to mature.
The profits behind the maturity of the national debt this time are even greater. On the one hand, they are trying to raise the debt ceiling, but they don't want to attach any conditions. On the one hand, they are sharpening their knives to attack the pigs and sheep, and on the other hand, they are eating melons.
Bitcoin (BTC)
As of press time, the highest daily K-line of Bitcoin was 28630 and the lowest was 27550. Unexpectedly, there was a unilateral decline on the first day of the weekly opening. At present, the daily K-line has begun to test the bottom of the box again. I don’t know whether it will bottom out at the support point of 27100. As long as it bottoms out at 27100, the top divergence of the daily MACD trend will end. The EMA moving average has not started to alternate downward, and the short position has not yet ended, but the K-line stands at the EMA60 support point of 27550, KDJ opens downward, and the lower track support of the Bollinger Band is strong. The short-term trend of 27150 is not broken, and the bulls are stronger.
Looking at the four-hour trend, the EMA moving smooth index has begun to alternate downward. Short-term shorts are coming. The bottom consolidation cycle will last for a few days. MACD has diverged from KDJ after shrinking downward, indicating that there are many uncertain factors near 27,500 below. The Bollinger Bands are opening, and the support is constantly moving downward. The short-term thinking is to be prepared with both hands.
suggestion:
If 27100-27200 below is not broken, buy, target 27400-27700-28000, if it breaks, look at 28300, stop loss 30 pips
If the 27100-27200 level is broken, go short. The target is 26800-26500-26200. If it breaks, go to 25900. Stop loss is 30 pips.
The market is changing rapidly, don't be greedy, the specific operation is based on real-time strategy, the analysis is for reference only, and the risk is at your own risk
Ethereum (ETH)
As of press time, Ethereum's daily K-line is as high as 1885, and as low as 1835, with a downward space of 50 points, fluctuating back and forth, and failing to impact the upper pressure point of 1880 twice. At present, the K-line has dropped to the EMA60 support level of 1833, and then rebounded. MACD is shrinking and moving downward, and KDJ is trending downward. Only the Bollinger Bands are starting to close, and the Bollinger Bands at the lower nodes are closing. The support point moves down to 1810. Therefore, the idea is to pay attention to the 1800 and 1780 ranges. If they are not broken, the bullish trend may go unilaterally, and if they are broken, we will follow the trend.
Let's look at the short-term trend of the four-hour chart. After the continuous negative closing, a pregnant line appears at the bottom of the K-line. MACD shrinks and moves downward. The KDJ diverges upward and closes at 1880. The Bollinger Bands are repaired sideways. The K-line stands at the lower track of 1825 and is blocked. There is a short-term consolidation, which is in line with the big cake.
suggestion:
If 1780-1800 is not broken, buy, target 1830-1860-1890, if it breaks, look at 1920, stop loss 30 pips
If the 1780-1800 level is broken, go short. The target is 1750-1720-1690. If it breaks, go for 1660. Stop loss is 30 pips.
The market is changing rapidly, don't be greedy, the specific operation is based on real-time strategy, the analysis is for reference only, and the risk is at your own risk
This article is exclusively contributed by the academician of the currency circle, and only represents the exclusive views of the academician. There are in-depth studies on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of article push, the above views and suggestions are not real-time, for reference only, at your own risk, please indicate the source for reprinting, and reasonably control the position when making orders, and do not operate with heavy or full positions. The academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize your own problems and don't let the profits that should have been obtained fly away. There is no need to be smarter than the market in investment. When the trend comes, respond to it and follow it; when there is no trend, observe it and be quiet. It is not too late to wait for the trend to finally become clear before taking action. Tomorrow's success comes from today's choice. God rewards diligence, earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are inadvertent. Develop the habit of strictly taking stop loss and stop profit for each order. The academician of the currency circle wishes you a happy investment!