YekaiInvestment
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Age2.5Year
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The first batch of BNB investors, with ten years of experience in Crypto Assets investment, have a unique preference for Technical Analysis and have created various Technical Analysis methods! Currently focusing on Bitcoin trading and market trend analysis, they possess multiple heavyweight Crypto Assets trading systems!
After a period of rest, I will start updating the market trends and trading views today. BTC has encountered resistance and pulled back after breaking new highs, showing a daily chart level top divergence. The overall trend on the weekly chart is still an upward trend, so in the short term, the focus is still on going long with a light position. The short-term support is at 114000-115000, and a pullback to this range can be considered for a light position long. The more significant support is at 108500-109500, which is also the 0.618 level of the Fibonacci retracement from 98000 to 124500, as
BTC-0.22%
ETH1.62%
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BTC continues to oscillate, forming a rising wedge in the short term. If it breaks out with higher trade volumes and holds above, the price is expected to approach the previous high around 123000 or even higher. The operation should focus on low long positions, and it's not advisable to engage in shorting as long as the support at 115000 is not broken.
ETH is currently oscillating at high levels, showing a relatively strong performance. However, after rising for some time, it needs to pull back or consolidate for a while to digest the profit-taking. It is also approaching the previous high, wh
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Today, let's briefly discuss BTC and ETH. BTC is moving into a consolidation trend as I mentioned yesterday. It may oscillate for a few days in the short term, with a support level around 116000. Pay attention to a pullback to this support; if it holds, go long. Set the stop loss below 115000. ETH is currently in a consolidating upward trend. In the short term, I don’t recommend chasing the price directly; be patient and wait for a pullback to go long. The short-term support is around 3350, and if it drops, you can enter with a Light Position. The stronger support is at 3050. Of course, during
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ETH1.62%
XRP0.41%
ADA2.56%
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BTC has started to fluctuate. As I mentioned earlier, the short-term rebound target price for BTC is 120,000 USD, which was reached last night. The short-term target for Ether is 3,500 USD, just a few dollars short. In terms of trend, BTC has begun to oscillate up and down, making contracts not very easy to trade. Ether has been performing relatively strong in catching up, and it is very likely to shift from a violent pump to a steady rise.
My trading strategy:
Buy at the support range of BTC 116500-117500, with a stop loss at 115000 and a take profit at 118000.
You can wait for ETH to retrace
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ETH1.62%
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BTC and ETH continue to reach new highs, and altcoins are also beginning to pump. Currently, the trend is still rising. Those with long orders can continue to hold, while those without can only wait for a pullback to the support level to go long. Recently, pay close attention to ETH and altcoin Spot opportunities; it's highly likely that the alt season is coming. The stronger performers include XRP, UNI, SUI, ADA, SEI, HBAR, ALGO, IOTA, XLM, etc.
My trading strategy:
Buy BTC on the pullback to the support range of 117000-118000, with a stop loss at 116000 and take profit at 130000.
Go long on
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YekaiInvestmentvip:
Hurry up and enter a position! 🚗
Today's view is still the same as yesterday, waiting for a pullback to go long. The short-term support for BTC is around 115000, and the support for ETH is around 2850. If it pulls back, it would be a good opportunity to go long. The target for BTC is bullish to 130000 USD, and for ETH, it's bullish to 3500 USD.
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The BTC trend is basically consistent with my views from a few days ago, currently approaching the previous high around 112,000. The previous long orders near 112,000 have all taken profit and exited. Currently, I am following whether BTC can break through and hold above the previous high with higher trade volumes. If it can break through and hold above, and if the price moves in an N-shaped balance, it is expected to reach 130,000 USD or even higher. In the short-term, we can wait for a small pullback to the support range around 109,800-110,200 to enter long.
The ETH trend is consistent with
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The overall direction for BTC is still bullish, and in the short term, it is fluctuating between 107400 and 110000, waiting for the fluctuation to choose a direction. ETH is also fluctuating between 2400 and 2600, with the same bullish trend as BTC. Currently, 90% of alts are in a downtrend, so do not blindly go long on alts. My trading strategy is the same as yesterday; those interested can refer back to yesterday's sharing.
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The overall trend for BTC is still a bullish trend, but there has been a MACD divergence on the weekly chart. If there is a higher trade volume breakthrough of the previous high in the near term, this divergence on the weekly chart can be resolved. The daily chart also shows a bullish trend, but it is near the previous high point (high resistance). In the short term, it has surged to around 110,000 USD and faced resistance, showing that the 110,000 integer mark has very strong pressure, as it has repeatedly failed to effectively hold above this level. In the short term, we should wait for cons
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After BTC broke through a new high, it experienced a fall. The activation of BTC Wallet addresses by ancient Whales yesterday caused panic, leading to a significant drop. The short-term support has been breached, and currently, the short-term support is in the range of 107300-108000. We can observe if this level can hold; if it does, it is still possible to enter a long order, with a target near the previous high of 112000.
EHT has also reached strong support near 2500 in the short term. If you entered a long order with BTC yesterday, you can continue to hold it. The take profit target is stil
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ETH21.49%
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BTC surged to 110,000 USD and encountered resistance, currently retracing. In the short term, we will see if the support around 108,000 can hold, but there is still hope for further highs challenging the previous high of 112,000.
ETH follows BTC's adjustment and pullback, with short-term support around 2500-2550. If it can find support at this level, the price is expected to approach the previous high near 2800.
Approach:
Long BTC at 108000-108500, stop loss at 107200, take profit at 112000.
ETH2500-2500 long, stop loss 2450, take profit 2800.
Trading involves risks, and the above opinions do
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BTC has moved as I previously predicted, rebounding to around 110000 after a pullback to 105000. Those who went long can take some profits, and wait for another pullback to continue buying. The remaining position can wait for profits at 120000 or even higher. The current price has broken through the downtrend line, and we will observe whether it can hold above. If it can hold above, there is a high probability it will challenge the 112000 position.
ETH has also started to catch up, with the price breaking above 2600. Yesterday we mentioned that breaking above 2550 could be a signal to go long.
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The BTC trend is the same as I predicted yesterday, oscillating down to test the 105000 level without breaking support. It has currently rebounded to around 106600. If you bought near the support, just set your stop loss at the entry price.
The ETH trend is slightly stronger than BTC, but it is also oscillating in the range of 2380-22530, waiting to break through the resistance at 2550 before considering going long.
Operating Idea:
Wait for BTC to pull back to the 105000-105500 range to enter a position, stop loss at 104000, take profit at 11000.
ETH and others break through 2550 to enter a po
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BTC is currently oscillating downwards, with a resistance level of 108500 above and support at 105000 below. It seems that the probability of a pullback to the 105000 support is increasing, so be patient and wait for a pullback to support to go long.
The short-term trend of ETH is slightly stronger than BTC, but it is also in a range-bound fluctuation. The upper resistance is 2550, and the lower support is 2385. If it can break through 2550 with volume, the price is expected to reach 2800.
Operation idea:
Go long BTC at the pullback to the 104500-105000 level, with a stop loss at 104000 and ta
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BTC is currently at a key resistance level. If it can break through and hold above 109000 with higher trade volumes, it is expected to challenge the previous high resistance level of 112000, and possibly break through to a new high of 115000. If it cannot break through for an extended period, it may retrace to the support of 105000.
ETH's movement is relatively weak, currently still following BTC. If BTC breaks out with higher trade volumes and holds above the previous high, ETH is expected to challenge the 2800 resistance level.
Operation idea:
Short at the BTC 108500-109000 level, stop loss
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BTC is still oscillating at a high level, just like yesterday, showing a very strong momentum. The resistance above is around 109000, while the support below is around 105000. Pay attention to the pullback to the 105000 support level for go long opportunities.
ETH is currently consolidating near the key resistance level of the previous range, unable to break above the previous range. Follow the small support at 2300 for go long opportunities.
Operation idea:
Buy BTC on pullback to around 104500-105000, stop loss at 103500, take profit at 110000.
Buy ETH on a pullback to around 2300, with a sto
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BTC is currently fluctuating at a high level, and there has not been a decent pullback. It is evident that this rebound is very strong, with resistance around 109000 and support around 105000. For contract operations, we still need to wait for a good position.
ETH is currently consolidating near the key resistance level of the previous range, overall showing weakness and unable to break above the previous range's consolidation area.
Operational idea:
Enter long positions when BTC pulls back to around 104500-105000, with a stop loss at 103500 and take profit at 110000.
ETH overall is weak, obse
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