There have been so many news updates these days, with plenty of room for both rises and falls. The market first dropped to 851, then rose to 882. After a brief continuation, it fell again to 861, then surged to 903 before dropping to 852. It rose again to 895 and then fell back to around 844. Today, despite the Japanese rate hike news, the market moved contrary to expectations and rose to the current high of around 884, then started to fluctuate. It’s basically been a roller coaster, with retail funds no longer acting as true capital, repeatedly being cut like chives.
This week, there’s almost daily data—either already priced in or contradicting expectations. But looking at the chart pattern, although there are signs of an upward trend, the overall downward trend hasn’t changed. Currently, focus on yesterday’s high of 895, which means 903, 895. With the current price at 884, just keep that in mind. The strategy is still to go for high positions. Those in cash can consider shorting around 880-885, targeting 865 and 850, depending on the actual trend.
The same applies to Ethereum. For a rebound, short at 2960-80, targeting 2880, 2835, and 2790. The profit space depends on the actual trend! For long positions, wait until tonight—I’ll give you updates then!
Don’t miss tonight’s live session. From now on, I’ll teach you how to analyze trend charts every evening! $BTC $ETH #ETH走势分析 #BTC行情分析
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Good afternoon everyone!
There have been so many news updates these days, with plenty of room for both rises and falls. The market first dropped to 851, then rose to 882. After a brief continuation, it fell again to 861, then surged to 903 before dropping to 852. It rose again to 895 and then fell back to around 844. Today, despite the Japanese rate hike news, the market moved contrary to expectations and rose to the current high of around 884, then started to fluctuate. It’s basically been a roller coaster, with retail funds no longer acting as true capital, repeatedly being cut like chives.
This week, there’s almost daily data—either already priced in or contradicting expectations. But looking at the chart pattern, although there are signs of an upward trend, the overall downward trend hasn’t changed. Currently, focus on yesterday’s high of 895, which means 903, 895. With the current price at 884, just keep that in mind. The strategy is still to go for high positions. Those in cash can consider shorting around 880-885, targeting 865 and 850, depending on the actual trend.
The same applies to Ethereum. For a rebound, short at 2960-80, targeting 2880, 2835, and 2790. The profit space depends on the actual trend! For long positions, wait until tonight—I’ll give you updates then!
Don’t miss tonight’s live session. From now on, I’ll teach you how to analyze trend charts every evening! $BTC $ETH #ETH走势分析 #BTC行情分析