Do not worry about having no friends on the road ahead; there are like-minded individuals on the investment journey. Good afternoon, everyone! I am the King of Coins from the Coin Victory Group. Thank you all for coming here to watch the King’s articles and videos, and I hope the brothers who have been following the King will return.

**Click the link to watch the video: **https://www.bilibili.com/video/BV1UgSiY1EYv/

First, let's review yesterday's strategy. Bitcoin was targeted at 7.2, and after breaking through, we looked directly at 7.37. Opening the chart, we can see that all positions were reached, resulting in perfect profit-taking. Ethereum was targeted for a long position at 2605, and it is currently at 2690, taking off directly. The current upward trend has formed, and the market has successfully tested a new high. Currently, the US dollar, US stocks, and the cryptocurrency market are all maintaining high levels. The Federal Reserve and the US Department of Labor are barely supporting the situation based on data from the past six months. The reasons behind this are not hard to understand: the high level of US stocks is for electoral considerations, while the high dollar level is to prevent capital outflow caused by interest rate cuts.

From the daily chart of Bitcoin, after breaking through the 7.2 neckline mentioned in yesterday's article, it is close to a historical high. The current price has rebounded upwards after retesting the 7.2 neckline. On the daily level, we should first pay attention to whether the 7.2 neckline can be firmly held. If this position provides effective support, it will turn from a previous resistance level to a support level, forming a top-bottom conversion, which may initiate a new round of increases. The 4-hour chart shows that the overall trend is still moving upwards along the 4-hour MA5 moving average. As long as this moving average is not broken, a one-sided upward trend is expected to continue, and it is recommended to look for bullish opportunities on pullbacks.

BTC Strategy: Lightly position long orders in the 7.16-7.2 range, targeting above 7.3; short orders can be attempted in the 7.35-7.4 range with a small stop loss for short-term positioning.

This is the thought process for Bitcoin today. If any friends are stuck in positions, feel free to reach out to the Coin Victory Group, and I will help you resolve the issues.

Now, let's take a look at the Ethereum market. From the daily chart of Ethereum, the trend is basically consistent with yesterday's afternoon analysis. The current price is approaching the daily MA120 moving average (2715), and this moving average is still slowly declining. When it first touches, short-term pullback short orders can still be considered. For intraday operations, it is recommended to first look for long positions on pullbacks, targeting above 2700.

ETH Strategy: Lightly position long orders in the 2635-2605 range, targeting the 2700-2720 range; above 2710, lightly position short orders, expecting a pullback of around 50 points.

Because the market fluctuations at the beginning of this month have been relatively large, we will conduct live broadcasts of the market from Monday to Friday at 8:30 PM. Friends in need can find the Coin Victory Group online, and I will send you the link to the live broadcast.

This article is independently written by the Coin Victory Group. Friends in need of current price strategies and solutions can find the Coin Victory Group online. Recently, the market has mainly been characterized by fluctuations, accompanied by intermittent spikes. Therefore, when making trades, please remember to control your profit-taking and stop-loss effectively. In the future, when facing major market data, the Coin Victory Group will also organize live broadcasts across the internet. Friends who wish to watch can find the Coin Victory Group online and contact me for the link.

Mainly focused on spot, contracts, BTC/ETH/ETC/LTC/EOS/BSV/ATOM/XRP/BCH/LINK/TRX/DOT, specializing in styles, mobile locking strategies around high and low support and resistance for short-term fluctuations, medium to long-term trend positions, daily extreme pullbacks, weekly K-top predictions, and monthly head predictions.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。