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3.4 Big Pie Ethereum Trend Analysis and Operational Thoughts!

CN
币圈若渝
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1 month ago
AI summarizes in 5 seconds.

The daily chart for Bitcoin has once again surged to the 71500 line. As mentioned before, the range has been operating within the box structure of 71000-63000. Currently, it has broken out of the narrow range of 68000-65000, with a resistance level at 71500 and support at 69000-68000. The daily movements of Ethereum are in sync with Bitcoin, breaking out of the narrow range of 1900-2000 and once more approaching near 2100. The previously mentioned box is operating within the range of 1800-2150, with current resistance at 2100-2150 and support at 2000-1920;

On the 4-hour chart, Bitcoin and Ethereum are steadily rising to the top positions of their box structures, with Bitcoin at 71500-62500 and Ethereum at 2150-1800. The current market is near the resistance level, and it's recommended to short at high prices!

Trading Strategy:

Short Bitcoin at the current price of 71200-71500, targeting 70000-69000, stop loss above 72500;

Short Ethereum at the current price of 2070-2090, targeting 2000-1950, stop loss above 2150;

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


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