Tuesday, Bitcoin, Ethereum, intraday summary and trend analysis!
Yesterday, the price of Bitcoin fell sharply and broke through. ⑩ In the recent period, I have been bearish and short-selling. In the evening, I arranged two mid-term short orders near 61500. At midnight, I stopped profit at more than 1600/1400 points as expected. In the morning, I continued to short short. After more than 700 points were bagged at noon, I continued to look down. In the evening, the market came out of the wash. After the short was swept by 500 points, I reversed and chased the double, and the loss was recovered in time. From midnight yesterday to now, the big cake participated in 5 orders in total ④ wins and one loss. Ethereum's trend is slow. After the midnight short took 51 points to stop profit, the white plate 3375 line has not given any opportunities, and it is still holding. In the past half month, we have been focusing on short and short positions, and the positions of ⑩ Pancang have increased at different rates.
In the current rhythm, the Bitcoin market rebounded tonight after a sharp drop yesterday. The rebound space from midnight to the current level is more than 3,700 points. Many people believe that this round of retracement has ended, and the market will usher in a sharp rebound or even break a new high, but I don’t think so. The short-term rebound does not mean anything. The market has gone up and down significantly, and there is a clear wash plot. The trend of weekly K and daily K has not changed. The overall structure is still in a downward structure. Even if it rebounds, the market will first go back and forth to wash the market and gradually establish support. However, there is no bullish signal at present. Before the market stabilizes above the MA7 daily moving average, that is, above the 64,000 line, I still think that the weak pattern has not changed. In terms of operation, it is still recommended to choose the opportunity to focus on high altitude!
For the short-term operation of the big cake Ethereum at midnight today, it did not stabilize after the rebound, but gradually fluctuated and fell back. Appropriate adjustments can be made in the short term to participate in the main short and auxiliary!
Tuesday midnight operation strategy
Bitcoin: short in the area above 62500-800, looking at 61000-60500
Ethereum: short at 3450-3480, looking at 3300-3350