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Today's intraday analysis-----------------------✂---------------------------

The market for Bitcoin is clearly showing a step-by-step decline, which is why we didn't recommend long positions for Bitcoin in the experience group yesterday. I hope everyone understands the significance of our recommendations. Just like yesterday, I recommended long positions for Ethereum and Litecoin, but not for Bitcoin, due to the intensity of its decline. In the short term, Bitcoin's decline is much stronger than that of Ethereum and Litecoin, so we didn't recommend going long on Bitcoin yesterday. Currently, Bitcoin's trend is a clear step-by-step decline, and it's still uncertain whether it has reached the bottom. So, everyone should be cautious if considering trading. From a weekly perspective, the formation of a golden cross near 27,000 for Bitcoin is relatively strong, which is why the market has been supported multiple times. As I mentioned before, the support level for Bitcoin was formed in the range of 27,000-27,200. Previously, it was a support level, but now it has become a resistance level for Bitcoin. Therefore, as long as the price touches the top today, we can enter short positions in batches. The specific strategy for today can be referred to below.

Bitcoin intraday trading strategy reference:

Enter a small short position near 27,100, stop loss at 27,400, take profit and reduce position near 26,750, continue to take profit at breakeven point, and look for full profit in the range of 26,200-25,800.

Ethereum intraday trading strategy reference:

Enter a small short position near 1605, stop loss at 1620, take profit and reduce position near 1585, continue to take profit at the lower level near 1555.

Litecoin intraday trading strategy reference:

Enter a small short position near 220, stop loss at 224, take profit in batches near 216/210 at the lower level.

Enter a small long position near 201-202, stop loss at 198, take profit in batches near 206/212.

The author has been engaged in research and analysis of Bitcoin, Ethereum, and other cryptocurrencies for many years, providing real-time analysis and accurate predictions, and currently serves as an investment advisor and financial analyst.

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