1. Market Analysis and Operations for the 17th.

CN
9 months ago

Article editing time: January 17, 2024, 11:50 AM, all views do not constitute any investment advice! For learning and communication only.

Successful trading = strict mental control + correct position management + excellent skills. Once again, it is reminded that everything should be prepared in advance. Always set a stop-loss when trading, and controlling risk is the premise of profit. Every opportunity is the beginning of success!!

Market review:

Personally, I think the main theme of the first two days of this week is a box oscillation, and there is no need for excessive analysis. After experiencing multiple back and forth washouts last week, the market has also given a good lesson to those who chase highs and kill lows. The one-way movement we expected has not yet emerged. Since the price has returned to the 43300-43500 pressure testing area, the trend of Bitcoin yesterday still maintained the trend of first falling and then rising. The price yesterday fell to near the 42000 line and did not continue to decline. It quickly rebounded and the price reached near 43500. There was a fluctuation of 2500 points up and down. Give the market some time, and give yourself some time, waiting for further breakthrough signals to appear.

Market analysis:

From a technical perspective, on the four-hour level, the running space of the K-line began to oscillate and level off. The overnight probe stopped at 42000 and quickly rebounded. The bulls have regained all the decline. From the perspective of the form, it is still a wide-range oscillation tone at present. The 43000 line is an important critical point in the short term. If the price does not bottom out, it must be repaired to maintain the upward movement to compete for the mid-rail area. The operating channel maintains a wide-range contraction state, and the selling pressure is limited by the volume, and the moving average shows signs of turning around. The short-term repair has achieved substantial transformation, and overall, it is a trend of looking back at the bulls. It is still recommended to focus on long positions on the intraday callback, with short positions as a secondary operation! (For friends who are still confused in their operations, you may wish to take a look at the strategy of Zhiduoxing. There is 24-hour real-time guidance. The market volatility is relatively fast. Due to the impact of the timeliness of the review, for the subsequent market trends, real-time layout based on real-time trading is the main focus. Friends who need contract guidance can scan the QR code below the article to add my public account.)

Operational suggestions:

BTC: 42200-42500 near the low, target 43500-43800

ETH: 2520-2550 near the low, target 2620-2650

Disclaimer

The market changes rapidly, and the market fluctuates quickly. The entire article is based solely on personal speculation and does not have any reference value. Investment is risky, so entering the market requires caution. Everyone should operate with a light position and not get carried away. I wish everyone a rolling financial source! The article needs to be reviewed and has a certain lag. If there is anything you don't understand, feel free to consult.

The above content is created by Zhiduoxing. The advertisements at the end of the article and in the comment section have nothing to do with Zhiduoxing.

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