From the recent market data, it can be seen that the fluctuations have significantly intensified, with frequent long wick candles both up and down, rapid transitions between long and short positions but lacking continuity, and no strong one-sided trend has formed. In this repeated whipsaw pattern, the key is whether one can stabilize their position. As for the current trend, my recent handling has been quite appropriate.
From the daily chart perspective, although the market has repeatedly shown fluctuations of rising and falling, the overall bullish trend has not changed. The operation should still focus on accumulating long positions at lower levels, with the key being to establish long positions in the support area. Currently, both bulls and bears lack continuity, and the market is in a wide fluctuation range, so it is necessary to clarify the resistance and support levels of the range. Intraday, pay attention to the pressure around yesterday's high of 115900, and look for a rebound with 113000 as support.
From an overall structural perspective, the current pullback is a normal adjustment; the market is not in a bullish state of only rising without falling. Currently, the price is running around the middle band of the Bollinger Bands, with no strong bearish signals appearing and no effective breakdown formed. Based on the pattern assessment, after this round of pullback ends, a new round of strong upward movement is expected. The recent market has been volatile, but it will ultimately recover its losses, so subsequent focus should be on the strength of the rebound before considering positioning short.
Suggested Action: Bitcoin: 113000-112800 go long directly, target 115500 Ethereum: Long directly at 4120-4100, target 4250 #Gate保险箱上线 #加密市场反弹 #抄底币种推荐
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From the recent market data, it can be seen that the fluctuations have significantly intensified, with frequent long wick candles both up and down, rapid transitions between long and short positions but lacking continuity, and no strong one-sided trend has formed. In this repeated whipsaw pattern, the key is whether one can stabilize their position. As for the current trend, my recent handling has been quite appropriate.
From the daily chart perspective, although the market has repeatedly shown fluctuations of rising and falling, the overall bullish trend has not changed. The operation should still focus on accumulating long positions at lower levels, with the key being to establish long positions in the support area. Currently, both bulls and bears lack continuity, and the market is in a wide fluctuation range, so it is necessary to clarify the resistance and support levels of the range. Intraday, pay attention to the pressure around yesterday's high of 115900, and look for a rebound with 113000 as support.
From an overall structural perspective, the current pullback is a normal adjustment; the market is not in a bullish state of only rising without falling. Currently, the price is running around the middle band of the Bollinger Bands, with no strong bearish signals appearing and no effective breakdown formed. Based on the pattern assessment, after this round of pullback ends, a new round of strong upward movement is expected. The recent market has been volatile, but it will ultimately recover its losses, so subsequent focus should be on the strength of the rebound before considering positioning short.
Suggested Action:
Bitcoin: 113000-112800 go long directly, target 115500
Ethereum: Long directly at 4120-4100, target 4250
#Gate保险箱上线 #加密市场反弹 #抄底币种推荐