Good evening everyone, I am Jiang Xin. The results yesterday were great, and everyone should have felt it. Below are the verification records. Bitcoin's range of 86000-88800 was comfortable.

Let's briefly review. After Bitcoin closed with a doji candlestick last night, the one-hour KDJ and RSI both formed a golden cross. The one-hour bullish sequence was five in a row. As it reached 88200, the upward momentum slowed down, peaking around 89000. The MACD's upward momentum significantly weakened, and it faced continuous selling pressure. Starting from five o'clock, Bitcoin formed a one-hour sequence of five consecutive bearish candles, retracing to the middle band of the one-hour Bollinger Bands at 87500, and after a slight rebound, it retraced to around 86600, which is the solid closing price from noon on the 23rd, receiving buying support.

Currently, all one-hour indicators for Bitcoin are at relatively low levels, and the MACD histogram has already pulled back. The current one-hour EMA30, 120, and the four-hour EMA7 and EMA30 are all around 87500, while the four-hour EMA144 is at 88000. However, the four-hour EMA120 and EMA144 are at 94500 and 96000, indicating that the pressure is still far away. If the market breaks and stabilizes above 87500 and 88000, it will return to the 90000 range this week, and structurally, it could easily reach around 91500.

We need to focus on the competition in the 86500-87500 range. The direction of the market will depend on which side has more strength. If you were watching the market around ten o'clock last night, you would have seen signs of a short squeeze when it spiked to 85200. Theoretically, those who set high leverage shorts in that area would be the first to get liquidated or threatened. The best outcome would be to push up against those who shorted in that area, while the worst outcome to consider is that 83500 is a temporary bottom, with a large range consolidation above at 89500.

The movement of Ethereum during this period is relatively independent. Since the 22nd, it has been operating in an upward correction channel. During this process, it tested the highs, and there was buying support every time it retraced to 2800. The structure has been very stable. On the night of the 22nd, it reached the bottom of the 2780 channel, and then moved up by 200 points, peaking at 2990. This position is quite clever, as it can trigger liquidations for those who shorted with ten times leverage around 2700. The retracement also touched 2860, which was the pressure point from the morning of the 21st. We all know that important divergence points will be repeatedly effective, and we can view this as the starting point of a tug-of-war, or at least a contested area.

In the future, we will focus on going long on Bitcoin around 86500, adding at 85800, and setting stop losses based on position size and leverage. For Ethereum, we will go long around 2860, adding at 2820, and setting a stop loss at 2768. Ethereum's recent consolidation range is quite large, so just reduce your position and proceed.

Looking ahead, the target for Bitcoin is to aim for a tug-of-war around 91500, while for Ethereum, it is to aim for a tug-of-war around the 3000 range. In the process, handle short-term trades as needed, or join me, Jiang Xin.

Walk with giants: Public account Jiang Xin on Chan.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。