Up to now, the trend has also validated my trading idea and direction from yesterday. Bitcoin has reached 96,000. You can see the levels and direction I provided during yesterday's broadcast. The reason I emphasized a low-buying strategy during the live session is because the bullish trend has been continuing for four hours, and short positions are only short-term. Not taking profits will lead to losses. Trading according to the trend makes the probability of losses very low. The subsequent trend is as follows: The current one-hour level is expected to pull back. The main levels to watch below Ethereum are two: one is around 3060-65, corresponding to the 38.2 Fibonacci retracement level, and the second is around 3190, which will determine whether it forms a gate or if these levels hold and continue the bullish trend, breaking previous highs. For Bitcoin, around 93500-91600, I personally lean towards the trend shown in the chart below. On a larger daily chart, the overall structure is bullish, but it is also within a larger wide-range consolidation zone on the daily timeframe. Therefore, whether it can continue to break out strongly is uncertain. Personally, I still prefer to close one trade before opening the next. Currently, I am cautious—neither overly bullish nor overly bearish. Long-term investors shouldn't look too far ahead, as short-term volatility is unpredictable. Stop-losses that are unreasonable are pointless; if you are wrong and the stop-loss is hit but the price recovers, it’s meaningless. Currently, there is no significant space for consolidation. We can wait to see if the two levels below offer a good entry opportunity. The opportunity tonight might be better. If there are good strategies and entry points based on current price structure, I will share them in the updates. See you tonight. Subscription orders have a low threshold; just one or two trades can cover your costs. Over such a long month with so many trades, each GT costs about 10 USD per month. This calculation is simple enough to understand.
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14:15
Up to now, the trend has also validated my trading idea and direction from yesterday. Bitcoin has reached 96,000. You can see the levels and direction I provided during yesterday's broadcast. The reason I emphasized a low-buying strategy during the live session is because the bullish trend has been continuing for four hours, and short positions are only short-term. Not taking profits will lead to losses. Trading according to the trend makes the probability of losses very low.
The subsequent trend is as follows:
The current one-hour level is expected to pull back. The main levels to watch below Ethereum are two: one is around 3060-65, corresponding to the 38.2 Fibonacci retracement level, and the second is around 3190, which will determine whether it forms a gate or if these levels hold and continue the bullish trend, breaking previous highs.
For Bitcoin, around 93500-91600, I personally lean towards the trend shown in the chart below. On a larger daily chart, the overall structure is bullish, but it is also within a larger wide-range consolidation zone on the daily timeframe. Therefore, whether it can continue to break out strongly is uncertain. Personally, I still prefer to close one trade before opening the next. Currently, I am cautious—neither overly bullish nor overly bearish. Long-term investors shouldn't look too far ahead, as short-term volatility is unpredictable. Stop-losses that are unreasonable are pointless; if you are wrong and the stop-loss is hit but the price recovers, it’s meaningless.
Currently, there is no significant space for consolidation. We can wait to see if the two levels below offer a good entry opportunity. The opportunity tonight might be better. If there are good strategies and entry points based on current price structure, I will share them in the updates. See you tonight.
Subscription orders have a low threshold; just one or two trades can cover your costs. Over such a long month with so many trades, each GT costs about 10 USD per month. This calculation is simple enough to understand.