Market Review (


BTC's long-term trend strength is still increasing, and the price continues to repair the upward deviation that occurred before it repairs downward.
From the medium-term trend to the short-term trend are in the trend synchronization stage, there are fall short, including the short-term market is the same. The nearest support is around 61,000 and is also the medium-term wide range low. If the long-term trend is to continue and the medium-term trend is validated, it must fall below this level. The short order who entered the market yesterday short order 63400~63500 can continue to hold it without reduce position until there is a MA10 reduce position U-turn in the short-term market.
ETH in the long-term market, the repair action of the upward deviation is better than the BTC, because the price has fall broken the nearest support 3500~3550, and the strength fall of the downward trend has begun to increase again.
The strength of the medium-term trend is weakening [the strength of the pump trend], the price has begun to top, including the 12-hour cycle, the 6-hour 4-hour cycle has confirmed the top, and the MACD has begun to turn, forming a trend synchronization state, in the short-term 1-hour cycle has fall broken a large number of highs support near 3260, which is also the main reason for the weakening of the medium-term trend strength, and then there will be a Rebound action in the short-term market, and the recent pressure is near 3220.
The strength of the falling trend in the short-term market of the 1-hour period has begun to weaken, and it has also produced a large downward deviation, and there is a need for a rebound.
Conclusion: BTC has a downward shorts, but the trend strength has not supported the price to continue downward, began to enter the rebound shock trend, if there is a significant U-turn in MA10, yesterday's short order [63400~63500] will choose to reduce position. ETH still can't touch for the time being, you need to wait for a rebound trend, observe whether it will break through 3280, if you can't break through the turn at 3280, you can enter the short order.

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The position in hand, before encountering an adverse trend, we must choose to reduce position, this is the MA10 U-turn action, we are "looking big and small". √
Buying spot is buying the future value of the commodity, which needs to be exchanged for shorter space through time. So, don't throw it all in. Anything is possible in the future. Risk quantification, you can't put all your eggs in the same basket. √
For yesterday's short order of 63400~63500, you can set a moving stop loss. √
The long order of 3192, whether it can be brokeneven, the proportion of position is large, then the first priority now is to reduce position and set stop loss. From the current short-term trend, we still need to wait, about 3 hours or so to enter the short-term rebound trend, the recent pressure is around 3220. There is a chance to breakeven. √
Not humble or overbearing, there is a long order trapped, [April 29, 2024 20:08:04] reduce position, the stop loss is set at 3140, wait for 2~3 hours to see if you can breakeven. If not, play people for suckers at the latest tomorrow. √
Wif, about to enter a 4-hour rebound trend, the nearest pressure is at 2.8, and the pressure ahead is around 2.96. The average price is 3.0, see if it can be brokeneven in about 3 days. If it can be close to 2.96 or 3.0, longing the reduction position. Reduce until you are comfortable [the position that is not distressed when you lose it]. √
YGG, the long-term trend has begun to enter the next fall pullback trend, the medium-term trend is at the beginning of the turning point, the price fall break 0.8 on the turn into the medium-term downward fall trend, at this time the short-term disk has Rebound demand, then the average price of 0.86, there is a chance to breakeven, or reduce position. √
EOS, the long-term trend is in the downward fall pullback trend, the trend strength is increasing, but the overall Sideways shock state, the deviation has been repaired successfully, the price is at this time in the long-term support near 0.8.The medium-term trend is at the beginning of the turn, Rebound the strength of the pump trend has been weakening, and the price has determined the top. Entering the downward falling trend, the trend is in a state of asynchronicity, the short-term operation is pumping trend, and the recent pressure is around 0.8. √
SOL needs a short-term Rebound to confirm the trend, the medium-term trend is about to enter the next phase of the major downward fall swing trading, and the long-term trend continues to strengthen into the long-term downward fall pullback. It is necessary to pay attention to two short-term positions, 138, 141. turn, that is, into the shorts. √
Long order at 3205, increase the position at 3186, reduce position and set a stop loss, use the remaining funds, and do the "right" direction next time. Compound interest is carried out through position management. √
BTC long order set at the top, the next will enter the short-term Rebound trend, 64300, the next will start the short-term Rebound pump trend, which is caused by the ETH, the two most recent short-term pressure in front of 62600 ~ 63200 Rebound. It is better to be able to get out before tomorrow morning, and it is best to reduce position and set a stop loss at present. √
BTC-0.48%
ETH0.95%
WIF-1.92%
YGG-1.72%
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LeopardEatingMeatvip
· 2024-04-29 23:01
You're using last month's weather forecast to predict next week
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