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Hello everyone, I am Gu Yue, I told you in the article yesterday that the bottom is complete, the bulls began to counterattack, the price of Bitcoin was still around $90,000 yesterday morning, and it has broken through $105,000 today. The highest rise to $106,000 from yesterday to today rose by 7,000 points, the market can be said to be very large, the ether has also risen by more than $250, and the profit margin is about 8 times.
Technical Analysis
From the current trend, the hourly and four-hour charts have reached the upper Bollinger Band pressure. Bitcoin at 105600 is in a pressure position above, and Ether at 2420 is also in a pressure position. The short-term pressure cannot continue to break upward, and the pressure above has begun to gradually pull back. The MACD red energy bars are gradually shrinking. In the afternoon, the market will undergo a slight pullback, with support at 103800 below for Bitcoin and 2300 for Ether.
Trading Advice
Short position target around 105200 USDT for Bitcoin at 103800-103500 USDT.
Short at around 2400 USD for a target of 2350-2300 USD
There are many types of investments, and it is important to choose the one that suits you. There are many paths, and it is crucial to choose the right guide. I am Gu Yue, and I interpret world economic news, analyze global investment trends, and provide daily market trend analysis to offer you the latest trading strategy ideas and professional investment consulting services to help you reach the peak of wealth management.
This article only represents personal views and is for reference only, not to be used as a basis for actual operations. Market conditions change unpredictably #BTC# .