Family, who understands! Yesterday's market was simply a script tailored for our bulls! My old fans who know me are aware that I never engage in ambiguous analysis. The day before yesterday, I directly pinned down the entry points for long positions at BTC 8.76 and ETH 2950 in the article. Yesterday, after the market accurately retraced to the entry point, it surged, with BTC making a maximum profit of 2000 points and ETH also securing a 100-point gain. Brothers who followed the operation are probably already considering a second helping, right? And for those who missed it, don't be too hard on yourselves; today's market opportunities are even more critical. Be sure to read this valuable piece all the way to the end!
Let's first review yesterday's market logic. I'm not boasting; this precise prediction relies entirely on the hard support from the technical side. From the BTC daily chart, we can see that for the past three days, it has been oscillating near the 100-day line and the MA30 daily moving average. This is not just ordinary sideways movement but a typical accumulation pattern. Everyone can open their trading software to take a look; the K-line bodies over the past three days are getting smaller, and trading volume is gradually shrinking, indicating that both bulls and bears are holding back their big moves. My judgment is that the bulls will take the lead, and the core reason is that the current market liquidity is concentrated in the 8.7-8.8 range. Once it retraces to the right position, funds will inevitably enter to drive the price up, and the facts have confirmed this judgment.
Looking at today's core trading logic, this is the key content for today. In terms of BTC, the most critical point right now is the resistance level of 8.95. This position is the upper bound of the daily oscillation range and has been a key resistance point for the past half month. If we can stabilize above 8.95 today, then the subsequent market will likely directly rush towards the 9.5 line, and may even open up more upward space; if we cannot break through for the time being, there is no need to panic. The short-term support level is the 1-hour MA256 daily average line at 8.85. As long as we do not fall below this position, the oscillation pattern will not change. In terms of operation, I still recommend that everyone focuses on low buying, waiting to enter near 8.85. If we can pull back to 8.78, we can decisively increase our position, with a target first looking at 8.95. If broken, we can look directly at 9.1. There is no need to rush into short positions for now, unless we see obvious divergence signals above 9.2-9.5, then consider trying with a small position.
The trend of ETH is basically in sync with BTC, which is also the norm in the crypto market, after all, the correlation between mainstream coins is very strong. From the daily chart, we have already tested the resistance level of the MA30 daily average line at 3030 yesterday. Although we couldn't break through directly, it has already shown good upward momentum. Today's core focus for ETH is the breakthrough situation at 3030. Once we stabilize at this position, it won’t be a big problem to look at the previous high point of 3260. The short-term support level is first seen at the integer level of 3000, which is both a psychological support and the central position of the recent oscillation range. A pullback to 3000 can be a buying opportunity, and a pullback to 2950 can increase the position, with the target first looking at 3060, and if broken, continue to look at 3150. For short positions, be cautious as well and wait for clear reversal signals above 3150-3250 before considering.
Finally, let me say something from the heart. Recently, my strategy accuracy has been very high, not because I am lucky, but because I have always insisted on analyzing the market from two core dimensions: technical analysis and liquidity, without being disturbed by market noise. Analyzing the market is really exhausting, requiring me to watch the market for over ten hours every day, organizing various data and charts. If this article is helpful to you, please give me a free follow, favorite, and like. You can also exchange your trading ideas with me in the comments section, and I will reply to each one I see. I will continue to share more precise entry points and market analysis. If you feel helpless or confused in trading right now and want to learn more about the cryptocurrency field and the latest frontline information, follow me @标哥说币 .
