Jin Yuhui: After the halving, it has entered a period of consolidation. Bitcoin and Ethereum trading recommendations.

CN
金宇辉
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1 year ago

Bitcoin Market Analysis: Under pressure to fall back, stop falling and rebound, the market has once again returned to the tug-of-war around the $67,000 mark. The daily long and short game, as well as the gain or loss of the $67,000 mark, will also become the watershed for the long and short positions in the later part of this week. In the short term, the coin price is rebounding strongly, but it still faces resistance on the upside. The two major moving averages are crossing at around $66,200, providing support, and the BOLL is in a steady state. It is expected that the coin price will continue to maintain a volatile pattern. Tonight, the focus will be on the $65,500-$68,000 small range, and operationally, it is advisable to maintain a low long and high short position, and follow the trend after breaking through.

Short-term upper pressure levels: $67,500/$68,000 Short-term lower support levels: $66,000/$65,500

Real-time Bitcoin trading strategy:

Long in the range of $65,500-$65,800, with a target of the $66,800-$67,000 area;

Pay attention to Yuhui and don't get lost, Yuhui will lead you to create wealth.

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