Yongle'sJourney

Ethereum's four-hour chart has further confirmed a downward trend. In the short-term smaller timeframe, there is still some space for further decline. Unfortunately, there was no chance to enter during the afternoon session. In the evening, more aggressive traders can directly short again.
Ethereum: Short at 2133, target 2073, stop loss 30 points #BTC #ETH

The Federal Reserve announced in the early morning that it is maintaining its current interest rates, while Powell's remarks lean hawkish. The main reasons, as I explained earlier this morning, are the impact of the war, higher inflation expectations, and the elimination of the possibility of rate cuts at present.
Looking at the Ethereum chart currently, the price tracked the early morning remarks, retracing to a low of 2150 before bouncing and moving upward. As of now, Ethereum is running around 2200 again. Although there was one false breakout during this period, due to insufficient momentum

Looking at the Bitcoin liquidation map, the whale's desire to push upward has weakened significantly because the chips below are glowing too brightly. Long positions are clustered in the liquidation zone. Currently, the clustered chips above are in the 7.5-7.55w range, but compared to below, it's still far less, meaning the momentum fuel is diminishing.
So with weakening volume, the probability of making a breakthrough effort to push up is not high. At most, there's still a possibility of leveraging evening news to lure longs upward for a touch, but then quickly dropping to liquidate long posi

Big pie has held for more than a day now, currently there's a 1600-point range at the 74400 level. Going to close it directly and wait to see the situation with the early morning meeting before deciding on direction.
#BTC #ETH

Clear strategy success, shared Ethereum 2340 empty position this morning, currently verifying target levels, 60 points taken profit #BTC #ETH

Ethereum's trend shows a pullback after reaching highs near 2385. During the night session, price oscillated and adjusted after touching the 2300 level. On smaller timeframes, bullish momentum is gradually weakening, and the closing gains of M-shares have had limited impact. On the 1-hour chart, MACD bearish volume continues to expand. The Bollinger Band channel continues to narrow. For daytime operations, maintain a bearish bias.
Ethereum: Short at 2340, target 2280, stop loss 35 points #BTC #ETH

Based on the liquidation chart, the retracement to around 75,000 is exactly in the chip accumulation zone. If the price moves up to create a secondary high and most of the chips in this zone are liquidated at once, and the short-term momentum can't push the price much higher, then after absorbing this, it may trigger a downward liquidation of long positions. Therefore, I don't recommend chasing the rally.

Bitcoin tested the 76,000 resistance level in the morning without success and then experienced a pullback. From the four-hour chart, the KDJ crossover is moving downward, and the MACD bullish momentum is decreasing. On the one-hour chart, a sharp top pattern has already formed, and the current price has broken below the middle support of the Bollinger Bands. At present, the Bollinger Band midline has completed a small-scale support and resistance line reversal. In the afternoon, focus on the 73,800 range. If it breaks below earlier, subsequent pullbacks will be more smooth.
Bitcoin reference:

Intraday Ethereum short position at 2358, currently reaching the target, gaining 60 points. The 2300 level has not been broken by solid candles, so we are temporarily staying on the sidelines!
#BTC #ETH

Ethereum on the 4-hour level shows price in a 9-day rally near the upper Bollinger Band channel, with the morning high reaching around 2385. From a technical perspective, the KDJ three lines have entered the overbought zone. On the 1-hour level, after the morning surge, it formed a gravestone doji with pullback, and currently price is oscillating at high levels. The MACD indicator shows a bearish death cross at high levels with the dual lines pointing downward, and bullish volume is clearly shrinking. For short-term trading, it's not recommended to chase higher; intraday focus should be on a p

Bitcoin rebounded again in morning trading, reaching nearly 76,000 at its peak. The 73,700+ idea shared yesterday was successfully validated with a 2,000-point gain!
#BTC #ETH

📈 Successfully continued, Ethereum intraday 2174 long idea captured 80 points, whether the subsequent uptrend can continue needs to monitor whether 2250 level completes the conversion from resistance to support.
#BTC #ETH

BTC Market Analysis: From a price perspective, the price continues to show strength. Looking at the hourly level, early morning saw consolidation with pressure pullbacks. The upper resistance level around 73,500 has now been broken through. Given the recent price action with two rounds of increases, the selling pressure at this level has been largely digested. If the price can maintain stability above 73,000 throughout the day, there's a good chance for a subsequent test of around 76,000.
Bitcoin: 73,700+ long, target 75,700, stop loss 1,000 points

After the weekend volatility, Ethereum's price has accelerated upward. Currently, at the hourly level, the price has touched the 2200 resistance level and then pulled back for a top consolidation adjustment. I believe the probability of a bull trap in this short-term rebound accompanying capital inflow is not high, and the hourly level still shows an upward trending bias. If the price can stabilize above 2200 tonight, then the bulls will have a long continuation ahead.
Ethereum: Long at 2174, target 2254. Support at 40 points #ETH #BTC

CPI announced, and currently the data is in line with expectations. Inflation growth pressure has eased in the short term, but key data still remains sticky, and the risk of energy inflation has not yet manifested!
The impact of geopolitical conflicts still exists. Crude oil prices remain high. If the Middle East cannot achieve a ceasefire in the short term and crude oil stays high for a longer period, market concerns about inflation in March and April may continue to grow. Serious inflation worries are bearish for long-term bonds and suppress risk market sentiment.

Ethereum is currently approaching the 2000 level. In the short term, this range has some support strength. Last night, I shared 2064🈳, currently in the 44-point range. Let's first reduce some positions here and then continue to look for the next target! Defensive move to the mobile version!

Tonight's release of CPI data is one of the most important short-term market indicators. Currently, the Cleveland Fed and market expectations for February's nominal CPI are 2.4%, which is the same as the previous value, with a month-over-month increase of 0.3%, higher than the previous 0.2%. The core CPI annual rate is 2.5%, with a monthly rate of 0.2%, slightly below the previous figure. However, it is important to note that this data is for February and is unrelated to the current war. Therefore, even if the data isn't high, it shouldn't be simply interpreted as inflation pressures having be