Follow to see, earning millions. Hello everyone, I am analyst Gu Jingci, here to share my views, also hoping that every friend who follows can have a good return!
Follow the public account Gu Jingci 888, focused on mainstream coin guidance and layout. Bitcoin/Ethereum has been continuously rising sharply these days, rising directly to above 2800 and 87000 in the early hours, then starting to retest down to around 85100 and 2714 in the morning, the overall trend remains strong. On the daily level, there have been multiple occurrences of large bullish candlesticks indicating strong upward momentum, but currently, it closes with a small bearish candlestick, accompanied by shrinking trading volume, indicating that the short-term upward momentum has weakened. The 4-hour level has retraced after reaching a high, forming two bearish candlesticks, followed by the latest candlestick closing bullish, indicating support around 2720, currently in a stabilization rebound phase after the retracement.
In terms of technical indicators, the 4-hour MACD DIF line and DEA line are both operating above the zero line, and the DIF line is still above the DEA line, with the MACD histogram being positive, indicating that the market is still in a bullish trend. However, the DIF and MACD histogram have recently contracted, showing that the short-term upward momentum has slowed down. Subsequently, pay close attention to the high point of 87400 and the high point of 2805 being pressured above, while focusing on the short-term low points of 2660 and 83000 as support below.
Evening operation suggestion: Short Bitcoin around 86300 to 86700, with a target of around 83000 to 84500; Short Ethereum around 2760 to 2780, with a target of around 2660 to 2700.
Enter long for the first time at around 83000 to 84000, defend at 82500, with a target around 86000; Enter long for Ethereum the first time around 2650 to 2670, with a target around 2740, defend at 2630.
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