The essence of trading is survival, and only then is it about profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to develop a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from Hongwei on cryptocurrency may not make you rich overnight, they can ensure your presence in the market. Only those who survive in the crypto space for the long term and persist until the end can achieve the results they desire. I hope you understand.

The strategy from 2 PM yesterday did not yield particularly outstanding market conditions, leaving everyone wanting more. However, I want to discuss something else. Recently, the news has been focused on fairness, suggesting that hard work is not as valuable as a good birth. In the crypto space over the years, people have felt and seen more clearly that privileges exist, such as large players, whales, and platforms. They are so powerful because they want to extract profits from retail investors. Just like the privileged "Dragon People," they exist now and will continue to exist in the future; we can only focus on ourselves. Strive to accumulate, and once you gather enough energy, you can attempt to make changes.

Returning to the market situation. In fact, yesterday was quite surprising; I did not expect the support at 1033 to be so strong, not reaching the round number of 103000, and then it moved upward. The pressure above was also quite fierce, not even breaking 105500. The market has entered a range-bound fluctuation.

Currently, this range is still very solid, and our operations today can also be conducted according to this range.

First, let's look at the technical aspects:

K-line pattern: Hammer and doji candles frequently appear, indicating fluctuations, with a flat top at the resistance level of 104910.1 possibly signaling short-term pressure.

MACD: The DIF line is turning upward below the zero axis, with weak expansion of the red bars, indicating limited rebound strength.

WR: The WR indicator is close to 20, suggesting potential for a rebound, but not entering the oversold zone indicates balance.

Alligator: The three lines entangled show that the market is more inclined towards fluctuations rather than trends, with unclear short-term direction.

RSI: The RSI is gradually rising in the neutral zone (around 53), showing initial signs of short-term rebound momentum, but the direction is unclear.

Today's market is in a sideways fluctuation because it's Thursday, and there are no significant positive or negative news, leading to calmness. However, from the previous perspective, the overall bias is still towards bearish.

In the short term, the market is showing a balance in the tug-of-war between bulls and bears, possibly continuing the fluctuation trend, but there is a possibility of further testing the upper resistance levels of 105000-105500. The MACD and RSI indicators show potential rebound intentions, but the Alligator and WR indicators indicate that the trend is not yet clear, so we need to pay attention to whether it can break through the upper boundary of the fluctuation range.

Based on the above, our strategy has emerged.

Hongwei's cryptocurrency strategy sharing for 619:

Bitcoin: Enter short positions at 105000-105500, take profit at 104000-103000-102000, and add positions at 106500.

Ethereum: Enter short positions at 2530-2550, take profit at 2500-2450, and add positions at 2600.

**—— I am Hongwei, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn with me! Let's exchange ideas and profit together! Remember Hongwei, always here, follow Hongwei and you won't get lost!

【The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication may have delays, and the strategies may not be timely. Specific operations should follow Hongwei's real-time strategies.】**

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。