After the U.S. stock market opened last night, the crypto market experienced a unilateral correction, which was very similar to the trend of the Bitcoin ETF. Yiming warned the group of yesterday's correction two hours in advance. The rise in early trading today is a response to the correction last night. From a four-hour perspective, there is a high probability that the current stage is undergoing a 4-wave adjustment. There will be a 5th wave of rise in the future. Those who missed the opportunity before can prepare the 5th wave in advance. Be prepared to buy the bottom of the wave.
In the callback of the previous two waves, the market depth was 78.2%, and the ether was 61.8% depth;
Wave 4 will generally not exceed this range. The reference point for the big pie is 61.8%, which is near 65870. This is also the long-short boundary of this week's weekly line at 65700. This is also the position where bulls or spot and value coins ambush.
Ether reference: 3380~3420 range, 3380 is the dividing line between long and short this week's weekly line, and is also the 61.8% correction position; 3420 is the 50% correction position.
in summary:
BTC: 65700~65900 is the best ambush opportunity in the fifth wave.
ETH: 3380~3420 is the best time to ambush in the fifth wave.
It will probably appear tonight or tomorrow morning.
There is a premise here that today's intraday high cannot exceed yesterday's high. If it exceeds, this strategy will be invalid and needs to be repositioned.
Message: Seeing through complexity is ability, choosing simplicity is state.
