BTC is about to break, ETH is waiting for good news, is the bull market coming?

Don't worry about having no friends on the road ahead, there are bosom friends on the investment road. Hello everyone, I am the king of playing coins. I am very happy to review the market with you at this weekend. The repeated epidemic situation also reminds you to wear masks and avoid places where people gather. Just go home after work to accompany your family and check the market operations. The market has tested upward again as promised. Bitcoin reached a high of 49,780 in the early morning today, testing a wave of suppression near 50,000. Overall, the pressure still exists. Friends who follow my previous articles should know that I gave a Bitcoin law that I personally observed a long time ago, that is, whenever the overall market value of Bitcoin approaches 1 trillion US dollars, it will inevitably usher in a wave of market suppression, and it needs to organize and accumulate energy to move up again. If Bitcoin stands directly above 50,000, it will be close to this market value again.

Judging from the current market value ranking of the entire market, Bitcoin accounts for more than 40% of the overall market value. As the bulls of Bitcoin are relatively strong this time, more and more institutional analysts and industry insiders have begun to predict the high point of Bitcoin in the new year. For example, the director of the CEX exchange said that the medium-term target of Bitcoin is 55,000 points. I also agree with this view. At this position, the market value is one trillion. At that time, Bitcoin will inevitably face further supervision and review. Some Wall Street analysts also said that Bitcoin will reach US$95,000 by the end of 2021. This goal is not impossible in my opinion, but it requires a series of policy support and the promotion of Wall Street. The short-term trend depends on funds, and the long-term trend depends on policies. This sentence will never be wrong. I believe that friends who have been paying attention to me for a long time must know that Tianwang has never made a mistake in choosing the direction. If you have any questions about the transaction of contracts, please feel free to find Tianwang to solve the problem for you.

Today is Sunday, and we will summarize the trading situation of the previous week. From last Sunday to this Saturday, Tianwang updated the article every day, and also gave the specific entry and exit points in the article. After a week's orders, we can see that we use 1/10 of the position to operate, and Bitcoin has accumulated a profit of 20,200 US dollars, and Ethereum has a profit of 22,500 US dollars. Except for Bitcoin on Friday, which did not give an entry opportunity, and Ethereum on Tuesday, which did not give an entry opportunity, the points given on other days have entry opportunities. Then in terms of stop-profit and stop-loss, except for the reverse short order given after the long order stop-profit on Thursday, there is a stop loss, and all other orders are in stop-profit. All the records are in my past articles, and there are updates in the circle of friends. You can check the records at any time if you need to verify. I am professional in contract trading.

Let's take a look at the specific market conditions. After Bitcoin reached a high of 49,780 in the early morning, it continued to fall on the 4-hour chart, closing with three consecutive negative lines. This also shows that the suppression of the upper 50,000 mark is still relatively strong. Opening Fibonacci, we can see that the nearest lower support of the current market can be placed at 48,300 to 48,500. This position is also the intersection of the 5-day moving average and the 10-day moving average of the hourly chart, and it is also the lower Bollinger track of the hourly chart. When it reaches this position, it is recommended to operate long orders today. The short-term is bullish, but if 50,000 cannot be broken, the market will fall back, and the position of the fall back is our opportunity to enter the long position. /玩币天王/

Then let's look at the market of Ethereum. It is a range oscillation. After reaching 3300, the market is also under pressure to go down. It is currently running around 3260. Overall, Ethereum is running in the channel. Whenever it reaches 3300 above, the market will quickly close in a row, and then after closing in a row, it will close in a row when it reaches the bottom support, and then it will show a wave pattern when it reaches the upper track. This is actually very obvious. Ethereum is waiting for the signal of Bitcoin's breakout. If Bitcoin breaks through 50,000, then Ethereum will definitely break through 3300. Today, the suggestion given by the Ethereum King is that long orders can be entered in batches at 3220~3200 below, and then the second support level below can be placed around 3160~3180. Long orders can be made at these two positions.

Before the market comes out, any kind of analysis is correct and has the right reasons, but no order is absolutely accurate and has risks, so the premise of making money must be to do a good job of risk control. The market changes in real time, and the strategy points are only for reference, not as a basis for entry. Investment is risky and profits and losses are at your own risk.

Optimists see opportunities behind problems, while pessimists only see problems behind opportunities. Opportunities will never knock on your door, no matter how many years you wait. When you hesitate, the world becomes big; when you bravely take the first step, the world becomes small. Without wind and waves, there would be no brave surfers; without thorns, there would be no unyielding pioneers; those who aim to reach the top of the mountain will never be greedy for the scenery on the mountainside.

Many individual investors are unable to enter the door of trading, often simply because they lack a guide. The problem you have been pondering over may be easily solved with a hint from an experienced person.

Statement: I, Coin King (public account: Wanbi King), mainly focus on current contracts, and strive to make the content and views contained in the article (report) objective and fair, but do not guarantee its accuracy, completeness, timeliness, etc.; the information or opinions expressed in this article (report) do not constitute any investment advice, Coin King (Wanbi King WeChat: dzx14520) does not assume any responsibility for any actions taken as a result of using this article (report). Please participate in the cryptocurrency market with caution.