Gu Yue: A brief stretch has once again led to a rebound. Will we see another high-level breakthrough today?

CN
谷月
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1 year ago

Hello everyone, I am Gu Yue. After the market stretched again yesterday, we welcomed another pullback. Bitcoin touched around $95,500, and Ethereum reached around $2,660, followed by a brief rebound above $97,000, with Ethereum rebounding above $2,700. Currently, the market is gradually stabilizing, with Bitcoin's bottom at $97,000 becoming support and Ethereum's at $2,680. Pay close attention to these support levels during the afternoon.

Market Analysis

Currently, the market is mainly in a state of fluctuation. The price is in a rather awkward position, sitting in the middle range, and the trend has not yet emerged. After yesterday's decline, the market has gradually rebounded and has now reached the middle band of the Bollinger Bands. The MACD green energy bars are gradually shrinking, so in the afternoon, we can consider going long around the support levels.

Investment Suggestions

For Bitcoin, it is recommended to go long near $97,000, with a target of $98,000 for profit-taking.

For Ethereum, it is recommended to go long near $2,700, with a target of $2,760 for profit-taking.

There are many types of investments, and it is important to choose what suits you best. There are many paths, and choosing the right guide is crucial. I, Gu Yue, interpret world economic news, analyze global investment trends, and provide daily market analysis to offer you the latest trading strategy ideas and professional investment consulting services to help you reach the peak of financial management.

This article represents personal opinions only and is for reference only. It should not be used as a basis for actual operations. The market is unpredictable, and profits and losses are at your own risk. For the latest trading strategies, follow the public account: Gu Yue KOL.

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