Mu Feng Looks at Trends: Suggested Operations for Bitcoin/Ethereum Trading at 1.22 AM
The pullback long strategy planned in advance yesterday has successfully reached its target profit during the afternoon, and the evening market has fluctuated high and low. Currently, the short-term trend is leaning towards a volatile adjustment. Looking at the daily level, considering the significant drop of the previous main chart K, there is also a large gap with the five-day moving average. At the same time, the overall price has fallen near the lower Bollinger Band, and the lower band has not shown any obvious opening. This indicates that strong support has been encountered in the short term, and the gap generated by the main chart urgently needs to be repaired. Therefore, in the early morning, we first look for a technical rebound adjustment. Note that the rebound is only for technical repair. After the adjustment sentiment ends, it will continue to decline in a downward trend. Thus, it is recommended to participate in long positions on pullbacks first, and after the rebound repair adjustment is completed, consider going short in the direction of the trend. Specific points of reference:
BTC: 87500-87000 long, target 89000
ETH: around 2890-2870 long, target 2960
The above is my personal operation suggestion for the early morning. The market changes rapidly, and the article may have some lag, so please refer to real-time guidance. #下任美联储主席会是谁?