mt logoMyToken
ETH Gas
EN
16:32
Yueying: Bitcoin and Ethereum Market Analysis (August 6th) - Is it a Rounding Top on the Daily Chart? Latest Strategy Included
Bitcoin's daily chart shows a bullish candlestick that found support around the 60-day moving average and rebounded. Intraday trading continues with high-level consolidation. The Bollinger Bands are flat, with short-term moving averages aligned horizontally. The MACD fast and slow lines are trending upwards, with the green histogram decreasing in volume. The KDJ indicator is crossing upwards; watch for resistance around the 50 level. The VR indicator is consolidating around 100. On the 4-hour chart, the price repeatedly tested the upper Bollinger Band before a slight pullback, currently trading around 64600. The Bollinger Bands are widening upwards, with short-term moving averages trending upwards. The MACD fast and slow lines are extending upwards, with the histogram fluctuating between increasing and decreasing volume. The KDJ indicator is turning upwards; watch for resistance around the 100 level. The VR indicator is consolidating around 170. Overall, the market rebounded after testing support, forming a small-scale downward channel in the short term, with lower highs and lower lows, but the horizontal support has not been broken. The resistance level to watch is around 66000. Monitor this resistance level from tonight until tomorrow morning/afternoon; if it holds, consider shorting. Support is around 62000; a break below this level could indicate further downside. See short-term recommendations. Bitcoin short-term recommendation: Short at 65300. (Take profits as needed after strategy activation). Ethereum's volatility has been very low these past two days, with a slow, sideways upward trend that seems poised for a breakout. The short-term outlook is bullish, but upward pressure remains significant. Refer to the daily and 4-hour charts for overall technical analysis, using Bitcoin as a reference. Short-term resistance is around 1950, and support is around 1830. See short-term recommendations. Ethereum short-term recommendation: Short at 1920. (For more cryptocurrency analysis, click the image to see the homepage introduction and find Yueying). — I am Zhou Yueying, a teacher specializing in technical analysis. Feel free to discuss and learn with me if you have any questions about trading or trends! Let's exchange ideas and benefit together!
15:50
Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (August 5th)
Bitcoin/Ethereum has seen narrower price fluctuations and extremely poor liquidity in recent days, with even the overall volatility lower than over the weekend. This is a sign that a breakout is imminent after a short period of consolidation. Bitcoin is generally stronger than Ethereum in the short term, while altcoins are mixed, with weak continuity between bulls and bears. Furthermore, despite record highs in US stocks and some positive news from the US-Iran relationship, the crypto market has failed to see a significant rise. The lack of upward movement despite positive news suggests further downward pressure. Looking at the daily moving averages, the price is facing resistance around 1880-1890 and 65000. Without a significant breakout and consolidation, a sustained bullish trend is unlikely. The 4-hour chart shows multiple attempts to break higher followed by pullbacks, indicating selling pressure and insufficient bullish momentum. The market has entered a short-term consolidation phase. Technically, the MACD on the 4-hour chart shows a golden cross with the DIF line crossing above the DEA line, and the MACD histogram turning positive and expanding, indicating strengthening short-term upward momentum. However, the DIF and DEA lines are still below the zero line, suggesting a continued weak overall trend. Since the previous high, the price has been consolidating sideways and fluctuating without a significant breakout, indicating a continuation pattern in the downtrend. Evening trading suggestions: Bitcoin: Short at around 64600-65000, target 62000-63000; Ethereum: Short at around 1880-1890, target 1780-1820, with further targets at 65500 and 1930. Analysis and strategies are for reference only; please bear your own risks. The article's review and publication may not be timely; please refer to real-time updates.
05:24
Bitcoin and Ethereum Afternoon Trading Recommendations and Future Trend Analysis: 8/5
Bitcoin and Ethereum Afternoon Trading Suggestions and Future Trend Analysis: 8/5 The current market is in an upward trend, but insufficient trading volume has created a divergence between price and volume, suggesting a potential short-term pullback risk. Although the technical indicators show some strengthening buying power, external fears and the market's risk aversion towards risky assets may constrain price movements. Therefore, the current market is exhibiting a neutral sideways trend, and investors should remain cautious in their operations. Furthermore, the complexity of market sentiment is reflected in news analysis, with both optimistic expectations for Bitcoin's future rise and concerns about the overall market environment, leading to mixed bullish and bearish sentiment. Combining technical and external environment analysis, investors are advised to pay attention to key support and resistance levels to formulate corresponding trading strategies. Analyst Xiao Ma's Diary Trading Suggestions: Bitcoin: Add to short positions near 64200-64700, target 62500-62000; Ethereum: Add to short positions near 1870-1890, target 1820-1800.
01:38
Congratulations to those who followed the Bitcoin long position at 62,500 and have continued to profit!
Chu Yuechen: August 4th Bitcoin/ETH Trading Reference. The market is caught in a tug-of-war between geopolitical easing (bullish) and regulatory/funding factors (bearish). For BTC, watch whether 63200 holds in the short term; a break below this level would target 62400. The 63800-64050 range represents significant resistance. ETH is relatively weaker; a break below 1840 would open up a 1800-point gap. The current market is a typical wide-range fluctuation. For Bitcoin, watch the resistance around 64000; a successful break above this level would target the 65500-66000 range. Support is at 62000-62500. The strategy is to buy low and sell high, without overly focusing on the trend. We've been using a buy-on-dips strategy these past few days, primarily placing long orders around 62500, resulting in several trades that have yielded several thousand points, which is quite good. We've consistently emphasized in the discussion group that long positions should have a stop-loss at 62000, which is only a few hundred points; exit if it breaks below. There's also a lot of upside potential. Trading a few hundred points of stop-loss for a potential gain of one or two thousand points, or even more, is very worthwhile. And indeed, we successfully captured that profit. Congratulations to those who followed along. Today's strategy remains the same: For Bitcoin, buy around 63200, and consider adding to the long position at 62500, with a stop-loss at 62000. The target is 65500-66000. For short positions, consider entering at 65500-66000, with a stop-loss at 67000. I won't elaborate on ETH; the stop-loss for long positions is 1800. Specific operations should be based on real-time market changes! There are multiple short-term trading opportunities every day, and the medium-to-long-term strategy continues. Welcome to exchange ideas; see my profile for details.
00:55
Market Analysis and Strategy Recommendations for August 4th
Our internal community is on a winning streak. To follow our trades, check my profile QQ. There are no entry barriers. Today's BTC/ETH short-term strategy: Current price levels: BTC 63,540, ETH 1,858.08. Key news: The Federal Reserve maintained interest rates at 3.50%-3.75%, but the probability of a September rate hike rose to 70%; $256 million in liquidations occurred across the network in the past 24 hours, with short positions being liquidated more than long positions (short pressure); Middle East geopolitical risks are suppressing risk appetite. --- BTC Strategy: Support: 62,800-63,300; Resistance: 64,000-64,300. Long Positions: Consider going long near 63,000 if it stabilizes, with a target of 64,000-64,300 and a stop-loss below 62,000. • Short Position: Short at around 64,300 if resistance is encountered, target 63,500-62,800, stop loss above 64,800. ETH Strategy • Support: 1,830-1,850; Resistance: 1,880-1,910. • Long Position: Buy at around 1,850, target 1,880-1,900, stop loss below 1,820. • Short Position: Short at around 1,890 if resistance is encountered, target 1,850-1,830, stop loss above 1,930. Risk Warning: The current movement is a continuation of the downtrend, and the medium-term downtrend has not reversed. The expectation of a September interest rate hike and geopolitical risks are bearish. Control your position size, strictly adhere to stop-loss orders, and operate at your own risk.
16:47
Bitcoin and Ethereum Trading Recommendations and Future Trend Analysis (August 4)
Big Cake E-commerce Trading Suggestions and Future Trend Analysis (August 4th): The current market is in a range-bound state, with prices hesitating near the support level. There is a clear contradiction between short-term bullish sentiment and shrinking trading volume. Technically, the candlestick pattern shows a spinning top formation, which may indicate a pause or reversal in the downtrend, but this signal still needs further confirmation. Meanwhile, external fears and high Treasury yields have reduced the appetite for risky assets, increasing market uncertainty. In this context, the fearful market sentiment may lead to capital outflows, exacerbating price volatility. Although there is some bullish sentiment in the short term, the shrinking trading volume means that this upward movement lacks momentum. Investors should be cautious about the current market situation. Given that the current market is in a range-bound state (major premise) and the candlestick pattern formed a spinning top near the resistance level of 63775.1 (minor premise), an aggressive short-selling strategy near the resistance level is a high-probability choice that aligns with the current market sentiment (conclusion). Analyst Xiao Ma's Trading Diary Recommendations: Bitcoin: Short at the current price around 63800-64300, target 62500-62000. Ethereum: Short at the current price around 1870-1890, target 1820-1800.
15:33
Gu Jingci: Bitcoin/Ethereum Evening Trading Strategy with Market Analysis (August 3rd)
Bitcoin/Ethereum traded in a narrow range over the weekend, repeatedly ralliing and then falling back, indicating significant resistance above. Our consistent short-selling strategy has yielded substantial gains, and those who followed our advice have profited handsomely. Currently, the market is using news to stabilize, which undoubtedly increases future risk. On the daily chart, the market is oscillating back and forth, with new lows appearing. Looking at the moving averages, the 5-day, 10-day, and 20-day moving averages have all turned downwards, indicating continued downward pressure at 63900-64500 and 1880-1890 respectively. This suggests continued significant resistance above. Evening trading suggestions: Short Bitcoin around 63800-64300, with a target of 61000-62000; Short Ethereum around 1870-1880, with a target of 1780-1820. Analysis and strategies are for reference only; please bear your own risks. The article's review and publication may not be timely; please refer to real-time information.
12:43
Yueying: Bitcoin and Ethereum Market Analysis (August 3-4): Shorting on Rebounds Amid Weakness (with Latest Strategy)
On the daily chart, Bitcoin found support around 63000, rebounded, and broke through the 60-day moving average. Intraday, it opened under pressure from the 7-day moving average, rallied, and then weakened before trending downwards. The Bollinger Bands are slightly widening downwards, short-term moving averages are trending downwards, the MACD fast and slow lines are extending downwards with increasing green histogram bars, the KDJ is turning downwards, watch for support near the 0 level, and the VR indicator is consolidating around 110. On the 4-hour chart, the price opened with a bearish candlestick, breaking below the middle Bollinger Band, and is currently trading around 62500. The Bollinger Bands are narrowing, short-term moving averages are trending downwards, the MACD fast and slow lines are trending downwards with decreasing volume, the KDJ is again encountering resistance near 100 and turning downwards, and the VR indicator is consolidating around 50. Overall, the market is trending downwards with a weak momentum. There was no rebound during the European session, turning support into short-term resistance. Therefore, the intraday strategy is mainly to sell on rallies. Short-term resistance is around 64,000, and support is around 61,000, followed by the psychological level of 60,000. If this level is broken, there is still room for further downside. See short-term recommendations. Bitcoin short-term recommendations: Short at 63,500, Long at 61,500 (Take profits as needed). Ethereum's 4-hour chart shows consecutive bearish candles, a false break below the lower Bollinger Band followed by a rebound, and a weak consolidation around the lows today. The overall technical analysis can be referenced in conjunction with Bitcoin. Short-term resistance is around 1900, and support is around 1760. If these levels are broken, further consolidation is expected. See short-term recommendations. Ethereum short-term recommendations: Short at 1880, Long at 1780 (For more cryptocurrency analysis, click the image to see the homepage introduction and find Yueying). — I am Zhou Yueying, a teacher specializing in technical analysis. Feel free to discuss and learn with me if you have any questions about trading or trends! Let's exchange ideas and benefit together!
08:34
Gu Jingci: The short-selling strategy for Bitcoin and Ethereum has once again been successful.
The strategy of shorting Bitcoin/Ethereum on rallies over the past few days has yielded profits. Yesterday, we again reminded everyone to enter short positions at 63500 and 1880 during the rally. The market repeatedly surged and then fell back, reaching lows of around 62300 and 1830 so far. The short positions have once again made a good profit. Congratulations to those who followed the strategy.
03:34
The strategy was a perfect success!
The internal community strategy was a complete success. Congratulations to those who followed! As I always say, while you're still observing, others have already reaped the rewards. To follow my lead, check my profile QQ number. No strings attached.
01:31
August welcomes a wonderful month.
As those familiar with the situation know, sideways trading on weekends usually indicates a break. Last Friday night, our internal community provided a strategy for shorting Ethereum at 1890, and this morning, the new week started strong with a successful first profit. If you'd like to join the strategy group, check my profile for my QQ number. There are no entry requirements, and every trade is a live trade with a very high win rate. You can also check my previous articles.
16:33
Gu Jingci: A new month and a new week are about to begin
Bitcoin/Ethereum traded in an upward trend for the first half of the month, then began to decline towards the end. Tomorrow, Monday, marks a new beginning. There could be some volatility over the weekend, the key being whether you can capitalize on the fluctuations and profit potential. Those who followed the previous strategies of shorting on rallies, adding to short positions, and averaging down on winning trades should have reaped good returns. The short positions at 1880 and 63500 that I mentioned again during the morning's price surge have seen some pullback, but the overall range is not large. Tomorrow, Monday, the overall volatility will be much better, allowing for more profit while maintaining a good trading strategy. Recently, those trading A-shares have often heard Mr. Da Xiao's comments about margin calls, such as that a margin call is just a setback in life, many investment gurus have matured through margin calls, and that one should maintain a calm mindset after losses, not venting negative emotions on family, and actively sharing household chores. I've actually been following Mr. Da Xiao for a long time. Back then, during the continuous decline of A-shares, his series of "diamond bottom" and "baby bottom" patterns still hold reference and warning significance. As we set sail into a new week, let's continue to seek opportunities amidst fluctuations, maintain a stable mindset, trade within the range, and capitalize on opportunities to help those who follow the Silk Road strategy achieve even greater gains.
02:43
Gu Jingci: The strategy was just announced; continue shorting after the price rises.
We're here every day, not to prove our win rate, but simply to let you know that our team is always there, monitoring the market around the clock—professional and reliable. Analysis and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.
02:37
Gu Jingci: Bitcoin/Ethereum Morning Trading Strategy with Market Analysis (August 2nd)
Since the previous short positions were initiated on Bitcoin/Ethereum, the price has been steadily declining to around 1820 and 62200 in the early morning, with a clear downward trend. Currently, the price has briefly rallied again due to Trump's comments, but such news is essentially meaningless rhetoric. The trend itself had already changed as the daily highs continued to fall, and this is merely a rebound due to oversold conditions triggered by news. On the 4-hour chart, after two large bearish candles with high volume, the price has rebounded rapidly, but the overall trend remains downward. The long lower shadow on the early morning candle indicates some buying support at lower levels, but it failed to reverse the overall decline. The two consecutive large bearish candles with huge volume on the daily chart indicate strong selling pressure, confirming the short- to medium-term downtrend. On the 4-hour chart, both the DIF and DEA lines are below the zero line, with the DIF line below the DEA line, and the MACD histogram is negative, indicating a bearish market. Although the recent MACD histogram has narrowed its negative value, potentially suggesting a slowdown in the short-term decline, the overall bearish pattern remains unchanged. Furthermore, the significant increase in trading volume during the previous two days of decline further confirms the heavy selling pressure in the market, with the downward trend supported by increased volume. Trading recommendations: Short Bitcoin around 63500, with a target of 61000 to 62000; Short Ethereum around 1880, with a target of 1780 to 1820.
01:26
Gu Jingci: The short positions I repeatedly advised against actually yielded results.
We're here every day, not to prove our win rate, but simply to let you know that our team is always there, monitoring the market around the clock—professional and reliable. Analysis and strategies are for reference only; please bear your own risk. Article review and publication are not timely; please refer to real-time information.
14:40
Chu Yuechen: Trading was light over the weekend; hold long positions in Bitcoin around 62,500 with an upward bias.
Chu Yuechen: August 1st Bitcoin/ETH Trading Reference - Short-term bearish momentum dominates. After failing to break through the 65800 resistance level twice, it declined further. However, the synchronized accumulation by whales and ETFs at the end of July provides potential support below. Currently, we are in a phase of "macroeconomic negative digestion" and "on-chain fund undercurrents." Although yesterday's drop was quite severe, don't be overly pessimistic. The support around 62500 remains relevant. For trading, try placing long orders near this level, with a stop-loss below 62000, and short-term targets of 63800-64000, followed by the 65500 area. Similarly, for ETH, try long orders near the short-term support of 1850, with a stop-loss below 1800, and a target around 1950. Liquidity will be lower over the weekend, so there may be little volatility. We only say to try trading at the given points; there's no need to be afraid. Small stop-losses and large targets have always been my trading strategy. The long position in Bitcoin at 62500 was entered last night and is still being held. Feel free to contact me if you need to discuss this further. Specific trading strategies will be implemented based on real-time market changes. Multiple short-term trading opportunities are available daily, while medium- to long-term strategies continue. A discussion group is open; please see my profile for more information.
10:37
Bitcoin and Ethereum Evening Trading Recommendations and Future Trend Analysis: 8/1
Bitcoin and Ethereum Evening Trading Recommendations and Future Trend Analysis: 8/1 The current market is in a downtrend. Although a bullish engulfing pattern has appeared on the technical charts, overall market sentiment and trading volume indicate that the downward momentum remains strong. The influence of the external environment cannot be ignored; market sentiment is leaning towards fear, and investors lack confidence in risk assets, which may lead to further capital outflows. Furthermore, the combination of a slight decline in the US dollar index and rising Treasury yields further increases the pressure on cryptocurrencies. Therefore, the market may experience consolidation in the short term. Given that the current market is in a downtrend (major premise) and strong support has formed at 62810.3 (minor premise), going long near the support level is a relatively prudent strategy (conclusion). Analyst Xiao Ma's Diary Trading Recommendations: Bitcoin: Go long directly at the current price around 62500-62900, target around 64000-64500. Ethereum: Go long directly at the current price around 1840-1860, target around 1920-1940.
08:28
Gu Jingci: 8.1 Some Views on Interest Rate Hikes, Interest Rate Cuts, and Warsh's Remarks
Bitcoin/Ethereum has been relatively quiet lately, and those without patience will suffer significant losses in this market. We have consistently advised holding firmly and shorting on rallies, as while the overall volatility is not high, there is still considerable potential. The market traded sideways over the weekend, and opportunities are always for those who are prepared. Today, let's discuss something else related to the current market: some differences between Powell and Warsh's tenures. First, I increasingly feel that Warsh is like a lackey of Trump. When he first took office, he emphasized hawkishness, interest rate hikes, and combating inflation. Later, he simply dragged things out, citing persistently high inflation, and then looking at the data. After reviewing the data once, he would want to review even more, followed by investigations that would last for months, further delaying the process. Trump's current goal is precisely to buy time, given the upcoming midterm elections; as long as interest rates are not raised, it's beneficial for him. There's a saying that an enemy who remains neutral is helping you, and Warsh is currently embodying this stance. Secondly, Powell is very direct in both raising and lowering interest rates, and his statements are also very straightforward. He does what he says, and if there's no interest rate hike and inflation is high, he's hawkish when necessary. In contrast, Warsh's speech left you wondering what he was trying to say. Crucially, he stated from the outset that he wouldn't provide any forward guidance in subsequent speeches, which was tantamount to playing dumb from the start. It's estimated that Warsh will continue to stall, focusing primarily on data. The investigation committee won't be established until the end of the year, by which time the midterm elections will be over, and whether or not interest rates are raised will be irrelevant. Furthermore, this might be a decision based on the current situation in the US. After all, interest rate hikes in recent years have just ended, with initial rate cuts. Raising rates again now would be detrimental to both sides, and further delays will only prolong the process.
16:19
Gu Jingci: All the short positions I publicly announced since the Bitcoin/Ethereum surge have been successfully closed.
We have repeatedly suggested shorting Bitcoin/Ethereum on rallies, starting at 65200 and above 1965, followed by multiple shorting opportunities at 1930 and 1920. The overall gains have been substantial, and those who followed our strategy should have made significant profits.
13:40
Gu Jingci: The strategy of shorting Bitcoin/Ethereum has been successfully validated once again.
The short positions in Bitcoin/Ethereum, placed last night at 64900 and 1920, saw the price rise and then fall back, reaching lows of around 63600 and 1870 respectively. The short positions have once again yielded good profits. Congratulations to those who followed the strategy and successfully profited.
Click to Load More