Bitcoin Ether Monday Summary and Tuesday Analysis


Review of yesterday's thoughts: The strategy provided on Sunday evening did not present a perfect trend. Wang Mian gave students the hint to switch from zero positions to long positions in the early hours of yesterday, and by seven o'clock in the morning, they captured a space of 1000 points on Bitcoin, while Ether gained over 70 points before exiting.
Last night, with the opening of the US stock market, the price ratio rose again to the 114188 line, while Ether simultaneously surged to around 4202. Wang Mian clearly pointed out in today's livestream that there is a probability of Ether's price reaching 4200 after hitting around 4120. The market showed dramatic changes, reaching near 4180 before experiencing a slight pullback and then breaking through to the high point of 4202.
Last night, Wang Mian shared his thoughts on both long and short positions for Ether. The long position successfully captured more than 70 points of space again. In today's actual trading, we achieved over 3900 points with Bitcoin and over 70 points with Ether. Old Wang cannot guarantee a 100% win rate, but I will provide my students with the latest market insights in real-time, helping everyone minimize risks. On the subsequent path, we will timely correct mistakes and guide the correct direction.
Current market analysis:
The narrow fluctuations from morning to midday have caused the Bollinger Bands to continue to narrow, forming a typical "consolidation" pattern. After the price broke through the previous high of 112327 in the evening, the Bollinger Bands opened upwards, and the MACD formed a golden cross above the zero line, with the red bars continuing to expand, clearly signaling a shift from consolidation to bullish trends. After breaking the high point, this position has turned from a resistance level to a new short-term support, laying a solid foundation for the subsequent upward trend. Therefore, the suggested strategy for early morning operations is to continue focusing on long positions.
Operation suggestions:
Buy Bitcoin around 113000——113600, aiming to see around 115500.
Ether: Buy around 4120——4140, with a target near 4280.
BTC1.74%
ETH1.71%
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