Popular Spot
SATS is currently operating in a bullish channel, suitable for buying and holding.
WLD can be slightly monitored, as there are quite a few low-point signals.
Pay more attention to CORE; if it breaks the bearish trend, there will be a nice upward wave.
CFX should be closely monitored to see if it can break and hold above 0.19280; if it holds, consider entering.
The above four spots have been around for over ten days. If you just saw this, don’t rush to enter blindly; feel free to leave a message or join the community for discussion.
Market Interpretation
The four-hour chart of BTC looks really comfortable. I have been telling everyone that it’s going to drop. If you followed my thoughts, congratulations on making profits! Happy National Day and enjoy your earnings. I mentioned that all support levels have broken, but the key level to watch at the bottom is 59300; if it doesn’t break, it’s not a big issue. If 59300 breaks, we’ll directly look at around 575 for a bullish outlook. For short-term positioning during the day, I suggest you can refer to the range of 60800-61800, with a thousand-point interval for high shorts and low longs; there are quite a few opportunities to take advantage of. Control your position at 3%-5% to ride the trend, as the opportunities are much greater than in the short term. If it breaks, the probability of continuing to look bearish is greater than bullish, so don’t rush to go long and pay attention to the spot layout! 😄 I basically use naked K and channels for layout, rarely using MA Bollinger Bands due to their strong lagging nature. So if you want to see them, you can leave a message, and I can include them next time. Please note that this article has lagging characteristics and is mainly for reference. You can follow the WeChat public account for daily updates 🔍【Coin Towards Money】
Resistance Level: 62500-63700
BTC Support Level: 59300-57500
Ethereum (ETH) also broke my bottom support at 2590 and dropped directly to 2423. Let’s celebrate that I and everyone else made profits; I’m very happy! The clear dividing line between bullish and bearish is now around 2445. Watch for a breakout or a drop based on this position. For those who like to follow trends, just keep in sync with me. For short-term positioning, I suggest a reference range of 2445-2496 for high shorts and low longs, aiming for fifty points up and down. If the range breaks, the intraday range will be invalidated, so pay attention to this and maintain good defense, brothers. I mainly focus on trends and spots, so references are far more important than practice. If you want to follow me in and out, feel free to leave a message! When others are greedy, I am fearful; when others are fearful, I am greedy. Remember, if you don’t understand something, you can leave a message for communication, or you can communicate under the same name across the internet! Be mindful of risks! Please like, view, and share this article!
ETH Resistance Level: 2531-2590
ETH Support Level: 2423-2230
In the image above, those who understand will understand. I wonder what everyone is doing for the National Day. Anyway, I’m ready to gamble with the market, opening a small position separately, and starting a small class in the community to challenge flipping positions during the holiday. After all, people in the crypto circle often make profits during holidays and enjoy leisure during workdays. Hehehe, if you’re interested, feel free to reach out; National Day is starting!
Personal Introduction
Graduated from Nanjing University with a degree in Finance, previously worked as a risk management expert and private wealth advisor at Shanghai Yimeng Securities.
Invested in BTC for the first time in 2015 and have focused on the crypto space for nine years, experiencing multiple bull and bear markets.
Integrating deep financial expertise and sufficient industry experience into practical operations.
Helping students quickly master trading skills and improve trading systems.
Trading Style: Good at building structured thinking, creating financial trading courses, and naked K strategies.
For business inquiries, search for the same name on WeChat public account 【Coin Towards Money】
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Search for the same name on WeChat public account 【Coin Towards Money】
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