Hongwei's Coin: BTC and ETH Morning Report from 11th to 20th, Bitcoin and Ethereum Market Analysis and Strategy

Recently, the accuracy of the layout is evident to all. I am the only one who can directly provide market orders. The article is more effective than expected, which is the charm of direct market orders. No matter when you see the article, this strategy is bound to be in operation. Yesterday, I decisively advised everyone to enter short at market price, and everyone achieved remarkable results. This is the cryptocurrency circle, a place full of miracles.

Friends who follow my layout all make a big profit. Looking back at previous articles, Bitcoin has won over a thousand points every time, and Ethereum has been over a hundred points. With such strength, it's hard to find a second person in this market who can achieve this.

Let's review the market trend from yesterday, which provided two opportunities, and both could yield two waves.

Bitcoin:

Yesterday's article entered the market directly at the price of 92500, reaching a minimum take profit level of 90000, securing 2500 points.

Then it rebounded to the 92200 position, giving another opportunity. The second time you could gain 2200 points, it was that fierce.

Friends who followed both times can earn 4700 points.

Ethereum market yesterday

Similarly, enter the Ethereum market directly at the market price of 3120 to take 120 points, and then rebound after reaching the take-profit position.

Back to the 3090 position, giving a second chance, falling below 3000, then gaining 90 points. A total of 210 points profit.

In this market, there are often champions, but longevity is rare. Direct market orders are arranged for everyone. No waiting, no need to worry, just follow my orders, and making money is that easy. In this market, you must be able to follow those who can lead everyone to make big profits. Only when you make big profits and minimize losses can sustainable development be achieved.

Instead of placing an order and waiting for a miracle to happen, relying on probability and gambling on size. Earning small, losing big. These are all tests of human nature.

If you operate with me, it will be very easy every day; you just need to follow the information and the layout, without spending your own time watching the market, which affects your work and life, and more importantly, your mindset.

Here is the analysis of today's market:

Overall, the Alligator Indicator shows that the overall trend is still bearish.

Let's start with Bitcoin. From the 4-hour chart, it has currently broken through 91858 and is trending towards breaking above the middle band of the Bollinger Bands.

If a short position is laid out at this level, the take-profit point can be set around 91858. The current price is in a middle position. From the 4-hour chart, the market may retrace, forming a long upper shadow green candlestick, or a bullish candlestick may appear. Another scenario is that the price continues to rise, reaching 95506, as 95700 is a resistance level, and a short position can also be laid out from this position. If the market continues upwards, the next target level is 98145, and further up is around 99000.

However, based on the current daily candlestick chart, it is very likely that it won't rise that high. However, as the MACD bullish momentum gradually strengthens, the market has already risen somewhat. Therefore, if everyone sets their stop-loss, you can try a short position, with the take-profit point set at 91858 as a short-term target.

From the two-hour chart, the current trend is more optimistic than the four-hour chart, having reached the upper edge of the downtrend. A short position can be directly taken at this level, with the take-profit level referring to the middle band of the Bollinger Bands, which is around the lower shadow of the two-hour chart, approximately near 9150 or 9153. This provides a profit potential of about 1000 points, which can be considered.

On the hourly chart, the current price is approaching the last peak. If the price drops below 93700, the bearish space will further expand. If a double top forms and cannot break through, it indicates that the upper resistance level is very strong, and at this point, a bearish outlook can be taken, with the target level around 87000, which means the previous low may be broken. A double W bottom has previously appeared, with two bottoms at around 89000 and 88000, followed by a rebound, which is consistent with the K-line technical trend.

Regarding Ethereum, returning to the 4-hour chart, the strong resistance levels above are around 3100 and 3030. Before 3030, there is also the Bollinger Band middle line at 3070. If you are looking to set up a short position now, you can refer to these resistance levels.

Consider positioning short orders between 3070 and 3100, as it is expected to be relatively smooth due to the bullish momentum just emerging, and another wave of increase is anticipated. The two-hour chart shows that the bearish trend is gradually weakening. If the next two-hour chart rises above the middle track, specifically breaking 3058, short orders can be positioned directly at this level, which is considered a relatively high position. Another high position is between 3160 and 3150, which can also be observed from the one-hour chart. The trend is similar to Bitcoin, gradually rising after consolidating at the bottom, and then focus on whether the previous high of 3150 can be broken.

Overall, the operational difficulty of Ethereum is greater than that of Bitcoin. Ethereum fluctuates about 100 points each time, and it is now clear that Ethereum will first rise, testing the middle track, then testing the upper middle track of the Bollinger Bands, aiming for the star-crossed pattern, and then focusing on the previous high of the upper track. After testing the previous high last night, it fell back, and operations should follow this trend. Ethereum fluctuates over 100 points daily, and for trading Ether, a range of 15 to 20 points can be operated independently.

Currently, the strategy for Ethereum is different from that of Bitcoin. Bitcoin has already reached over 90,000, providing ample room for additional purchases, but the stop-loss for Ethereum needs to be monitored more closely.

Position suggestions should be controlled within a smaller range, with take-profit points set around 30 to 50 points. If the market follows the trend, it can be appropriately relaxed to 50 to 100 points.

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