10.9 Thursday morning Bitcoin Ethereum trading strategy and strategy analysis



The greatest pain in trading is not making the wrong directional judgment, but rather being late to the right direction. The rise and fall of the market is a verification of the judgment, and time is the boundary of that verification. Short-term traders play within this boundary, while long-term traders often play with the boundary. Probability is not the only measure of judgment; more importantly, it is the risk-reward ratio. If a single profit is enough to cover multiple losses, probability becomes less significant. The market conditions at midnight remain relatively slow as always, with a slow upward trend during the day. The slight pullback in the morning is also within normal expectations. Personally, I believe that it is relatively easier to gain profits recently, as long as the direction and range are grasped well. Last night, Bitcoin pulled back to a low around 121607 and gradually recovered, reaching a high of around 124100 in the early morning. The pullback strategy provided during the day was once again validated, and the suggested long positions also had thousands of points of space. Ether also has some space for gains. While you are still questioning or standing still, the students here have already started a new celebration.

Although there has been some pullback in the daily structure, some losses have been recovered, and the price has returned above the upper track. After a bullish daily close, the price remains at a high level, oscillating at the top, which is a very strong performance. This kind of pattern often involves a high-level oscillation for correction, which is a time correction because the bulls are too strong and won't provide significant pullback opportunities. The four-hour price has also firmly stabilized above the upper track, and after a slight retracement to confirm support, it has steadied and consolidated before rising again. Currently, it is still in a state of strong bullish continuation, with the auxiliary indicators showing a golden cross upwards, indicating that the upward momentum is still strong. The strength of the trend is evident; one just needs to follow the trend and go long. Stick to simple actions and don't let small adjustments affect the judgment of the trend. Yesterday's rebound has formed an initial reversal pattern; the current pattern is temporarily uncertain whether it can break through in one go. However, a sideways upward movement cannot be ruled out, so future strategies should still revolve around the bulls.

In the morning, Bitcoin is directly bought around 123000-122800, aiming for 125000. Ether is directly bought around 4500-4480, aiming for 4620.
BTC-0.1%
ETH-0.98%
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