Lao Huang: Ether Technical Analysis and Trading Suggestions at midday on August 1
For those heavily invested in Ether, the last two days have been a time when bears have feasted and bulls have suffered. Compared to the K-line patterns of Bitcoin, the key difference is that Bitcoin's support remains intact. Whenever it breaks below the support point, whales or institutions step in, allowing Bitcoin's price to rebound and rise within a fluctuating range, such as the rebound seen today at 9 o'clock. However, for Ether, the support point is too weak. Starting from 3 PM yesterday, Ether has fallen

Urgent notice, those who thought they could ride the wave of Ether's tenth anniversary and make some profits in this turbulent market have found that the whole day has been calm. Now, those who planned to wash up and sleep can get up. Today, the laid-back Lao Huang and most of those who received the news early are all waiting for the interest rate meeting at two o'clock and the speech from the old man at two thirty. So, the current market situation is unclear; it might be better to hold off for now and wait for the meeting results before making any moves, because entering the market at this mo

Lao Huang: Latest trend prediction analysis and trading strategy for Bit and Ether daily chart on July 30th.
Bit: The Bit K-line trend in the morning session is dominated by bulls, with bullish entities continuing to expand in volume, but the upper shadows are generally short and the lower shadows are longer, indicating that the bearish pressure from above still exists under the upward trend. Therefore, it should remain around 11.8 in a fluctuating range in the short term. However, considering the bearish pressure seen earlier today, the lowest point came down to 11.69, and yesterday's hi

After waking up, I found that the two-coin market's short positions had once again taken the lead, but this was expected. After all, yesterday the long positions made several attempts to make a strong push to break through the BTC 12k and ETH 4k barriers but were suppressed each time. This shows the determination of the short positions market maker to guard the key points. The resistance above is strong, and the support for the long positions is insufficient to maintain a continuous bullish line trend. Therefore, Lao Huang and the students decisively ended their long positions at the peak and

Knowing there are tigers in the mountains, yet heading towards the tiger's mountain! The rise in the crypto world over the past two days has successfully caused BTC's price fluctuation to hover around the 11.9 mark. As of July 28 at 10 AM, after a 24-hour bullish engulfing pattern, the situation is currently a mix of small ups and downs. Both sides have large entities, but the upper wicks are noticeably long, indicating that the bulls still have the upper hand in the short term. This also implies that Lao Huang and the students’ short-term go long actions can continue. Starting from 12 PM on J