Here is the train of thought for the waveband:

CN
姜鸿文
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1 year ago

From a technical perspective, on the weekly K-line level, after a significant downward trend, the price is currently in a warming trend, with the trend of the operating channel fluctuating. After the downward stretch, the overall channel opening is downward. With the strong volume of the K-line, the subsequent strength is not enough to maintain a stable state, leading to a decrease in K-line volume. The price has entered a warming state, and the moving average is trending upward.

On the daily K-line level, the operating channel is currently in a narrowing state, with the volume of the K-line exerting force, and the price is also rising all the way. Currently, the K-line volume is neatly arranged, and the moving average is also maintaining a gentle upward trend in operation. Therefore, our short-term strategy revolves around a bullish approach.

The short-term strategy is as follows:

Bitcoin: Buy around 26300-25600, target 27300-28000.

Ethereum: Buy around 1600-1560, target 1730-1790.

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