From the lines I drew in the chart, you can see that BTC is currently in a downward channel, but the price is rebounding and rising. The price is likely to fall back after rising. It is not recommended to buy after the price rises. The price may rise to the resistance range below 69130 and then fall again. There is uncertainty in today's trend, and conservatives...
Yesterday, the price failed to break through the 70170 resistance level after two upward surges. The short-selling force began to exert its strength and directly broke through the 69130 and 68450 resistance levels. As of now, the price has fallen by more than 3,000 US dollars. If nothing unexpected happens, the price will continue to fall due to the inertia of the...
BTC rebounded to the 69600-70000 range I predicted, and it did fall, but it did not fall below the 69130 resistance level. It is currently in the rebound and rising stage. Since the current BTC general trend is still rising, and the price has just shown signs of stopping the decline and rising, it is likely to break through the 69840 resistance level. If the price...
Yesterday, the price fell sharply, and the price fell to the trend line below the channel line. It did not rebound but broke directly. It is expected to be a downward trend in the short term. The current trading idea is to sell when it rebounds to the resistance level. At present, you can focus on the 69600-70100 resistance range. The price rebounds to the...
Today, the United States released the latest non-farm data. Latest news: U.S. Bureau of Labor Statistics: March non-farm payrolls were revised down from 315,000 to 310,000; April non-farm payrolls were revised down from 175,000 to 165,000. After these revisions, the total number of new jobs in March and April decreased by 15,000 compared with the pre-revision...
Yesterday, the price fell after rising to around 71760, and did not continue to set a new high. Today, the price rose to around 70800 and encountered resistance, then rebounded and rose, reaching a high point around 71600. The price fell again after encountering resistance at 71600, but the price encountered a large downward resistance near 70800, and the trading...
Today, the United States released the latest non-farm data. Latest news: U.S. Bureau of Labor Statistics: March non-farm payrolls were revised down from 315,000 to 310,000; April non-farm payrolls were revised down from 175,000 to 165,000. After these revisions, the total number of new jobs in March and April decreased by 15,000 compared with the pre-revision...
In recent days, ETH has been fluctuating in the 3740-3841 range. The price has just broken through the 3841 resistance level and entered an upward trend. The safest trading strategy is to buy after the price falls back to the lower resistance range. Trading suggestion: Buy when the price falls back to the 3810-3840 range, with a target of 3870-3890. The above...
Yesterday, BTC broke through the important resistance level of 70270 in the previous oscillation range. The current price has risen to the 71340-71960 range. If the price cannot break through the upper limit of the range of 71960, it may usher in a sharp correction. Radicals can sell in the 71340-71960 range, with a target of 70200-70500 The above trading...
From the 2-hour chart, BTC has been fluctuating in the range of 63340-70660 in the past two weeks, which is also the reason for the recent sharp rise and fall in prices, because the market has no clear direction. The price just broke through the 70660 resistance level, and the highest point reached around 71000. The upward trend will continue in the short term,...
From the 2-hour chart, BTC has been fluctuating in the range of 63340-70660 for the past two weeks, which is also the reason for the recent surge and plunge in prices, because the market has no clear direction. The current price has risen to around 70600. If the price breaks through 70660, the volatile trend may end. However, the price has risen a lot today, and...
After the price fell below 68800, the upward trend has been interrupted, but The current price is stable above 68800, which shows that the market has been stabilized by the market force. Next, wait until the price falls to the resistance level to buy. Trading suggestion: Buy when the price falls back to 68600-68900, target 69500-69800 The above trading...
Today, Bitcoin rose rapidly after breaking through the resistance levels of 69840 and 69000, reaching a peak of around 70250. But then it unexpectedly fell rapidly, falling to around 68550 in an hour, directly breaking the important resistance level of 68800 I mentioned. These show that the short-selling force completely suppressed the long-selling force in the...
Yesterday, Bitcoin broke through the downward trend line, and then broke through the resistance levels of 68400 and 69000, entering a rapid rise phase. In the short term, it is likely to maintain a fluctuating upward trend. The main trading idea is to buy when the price falls back to the lower resistance range. At present, you can focus on the resistance range of...