Trading philosophy: Look for trends in the large cycle, find entry points in the small cycle;



Technical Analysis: Regarding Bitcoin, the daily candlestick closed with a bearish candle around 114,000, the Bollinger Bands continue to open downward, the MACD moving averages continue to decline, the bearish volume continues to shrink, and the KDJ starts to run flat. On the 4-hour chart, the Bollinger Bands begin to run flat, the MACD moving averages continue to rise, the bullish volume shows a slight increase, and the KDJ line is moving upwards.

On the Ethereum side, the daily candlestick closed with a bearish K line near 3610, the Bollinger Bands continue to narrow upwards, the MACD moving averages continue to run downwards, the bearish volume is starting to decrease, and the KDJ lines are starting to move upwards. On the 4-hour chart, the Bollinger Bands continue to narrow upwards, the MACD moving averages continue to run upwards, the bullish volume continues to show slight increase, and the KDJ lines are moving upwards.

Currently rebounding after a pullback, yesterday's short position has taken profit again, and it is advised to buy low in the future!

Operation suggestion: Long at low positions!

Long Bitcoin at 113000-113500, target 114500-116000, stop loss at 112000;

Long ETH at 3560-3590, target 3650-3450, defense at 3520; #Gate ETH 挖矿年化收益 5%#
BTC3.99%
ETH13.92%
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Bsammy1vip
· 08-06 09:43
1000x Vibes 🤑
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GateUser-20ffad41vip
· 08-06 09:41
rush
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