2.11 Bitcoin and Ethereum Long Position Take Profit Trend Analysis and Operation Suggestions!

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10 days ago

Trading Philosophy: Look at the trend in the long term, find entry points in the short term;

Technical Analysis: For Bitcoin, the daily candlestick is bullish above 97,000, the Bollinger Bands continue to narrow downwards, the MACD moving averages are starting to flatten and move downwards, bearish volume continues to decrease, and the KDJ line is starting to move upwards. On the 4-hour chart, the Bollinger Bands are beginning to slightly open upwards, the MACD moving averages continue to trend upwards, bullish volume is gradually increasing, and the KDJ line is starting to move upwards;

For Ethereum, the daily candlestick continues to close bullish around 2,660, the Bollinger Bands continue to open downwards, the MACD moving averages are starting to flatten, bearish volume continues to decrease, and the KDJ line is starting to move upwards. On the 4-hour chart, the Bollinger Bands are beginning to slightly open upwards, the MACD moving averages continue to trend upwards, bullish volume is gradually increasing, and the KDJ line is starting to flatten and move upwards;

In summary, the overall market trend is still fluctuating and has not broken out of the range. For the short term, it is recommended to continue to go long based on support levels!

Operation Suggestion: Go long near the support level!

Go long in the Bitcoin 97,300-97,800 range, target 99,000-100,000, if broken look at 102,000, with a stop loss at 96,000;

Go long in the Ethereum 2,650-2,680 range, target 2,750-2,800, if broken look at 2,900, with a stop loss at 2,500;

The strategy is time-sensitive, please refer to private real-time guidance for specifics!

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