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The intraday market is approaching the end again. After yesterday's strong pump in coin price, today's overall sentiment for BTC is relatively low. After reaching a high, the intraday coin price has experienced a certain degree of Rebound, and the current Rebound is still ongoing. As for Ether, the coin price has further continued yesterday's upward trend, reaching above 4000, setting a new annual high. After the peak, the coin price quickly retreated to around 3925 and then rebounded again, with the current Rebound still ongoing. Looking back at the intraday strategy, after accurately targeting swing trading yesterday, not much layout was made today. Among them, BTC has strongly gained a total of 2207 points, while Ether has accumulated a profit of 175 points. Following Zhiyu's strategy, making money is almost a daily occurrence.
From the daily perspective, after yesterday's strong bullish line pierced the middle track, the current daily candle is a bearish line that has caused the coin price to drop below the middle track again. Currently, although the bullish engulfing upward structure has not changed significantly, the momentum of the bulls is continuously weakening based on the trends of various indicators. With the weekend market approaching, the market may enter a short-term range-bound correction state. From the four-hour perspective, the coin price has quickly approached the middle track from the upper track with consecutive bearish lines, but the market has not turned further downwards; it is still in a tug-of-war between bulls and bears, moving slowly while correcting. The MACD energy bars are continuously weakening, and the bullish momentum is gradually declining, with the fast line slowly approaching the slow line from above. Considering the running structure of the coin price, it is highly likely that the weekend market will consolidate around the current position, and the future market can still maintain a strategy of waiting for a pullback to buy.
BTC is bullish around 116000, pay attention to around 117000, second coin is bullish around 3950, pay attention to 4150.
#BTC# #ETH# #GateioInto11#