Analysis and operational suggestions for 1.11 Bitcoin/Ethereum market

CN
9 months ago

Bitcoin/Ethereum Daily Chart: From the perspective of the KDJ and MACD indicators, the overall trend remains strong. The BOLL is closely following the upper track for a coordinated rise. However, in the short term, the BOLL has already broken through for an upward trend. Therefore, it is not advisable to chase long positions at high levels. It is best to wait for a round of retracement before entering long positions, which would be more prudent. Looking at the 4-hour chart, the KDJ and MACD are in a strong bullish arrangement, and the current coin price is in a situation similar to the daily chart, closely following the upper track and showing a slight breakthrough. Therefore, in the early morning, the overall trend is expected to be a sideways low-long pull-up. Personally, I expect the short-term coin price to mainly rise sideways in the early morning, so it is recommended to focus on the low-long strategy for the day. Specific points can be referred to as follows:

Chart

Bitcoin: Long at 46000-45800, target 47500

Ethereum: Long near 2450-2430, target 2520

Note: The article has a time-sensitive nature, and specific entry and exit timing and points are subject to real-time guidance. For more real-time strategies, please follow Weibo and Mu Feng KOL! Mu Feng KOL

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