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The懂王 sues Wall Street king for $5 billion, short ETH cautiously chasing profits! 1.23 Bitcoin Auntie's Strategy
The懂王 has sued the largest bank in the US, JPMorgan Chase, and its CEO Jamie Dimon, seeking at least $5 billion, accusing the bank of cutting off banking services to him and his business entities for political reasons. The agreement on Granling Island is still under negotiation, and懂王 has explicitly stated he will not pay any fees. Gold has once again surged to a new high, breaking through the 4950 level. The day before yesterday and yesterday, the shorting strategy yielded over 100 points on ETH. The Bitcoin call was late, regrettably not executed!
On the daily chart, Bitcoin Auntie has formed a doji star, ETH closed lower, Bitcoin closed higher. This type of candle pattern clearly indicates a bullish signal. However, initial jobless claims rose to 200,000 yesterday, which, although 10,000 less than expected, is still higher than the previous value, indicating a soft labor market. Therefore, the outlook is bullish but without chasing the rally. Intraday pullbacks can be considered for positioning!
1.23 Long strategy:
Bitcoin pullback to 88000-88500, buy one lot, with a stop around 87000. Target around 89500-9万, and if broken, look at 90500-91000. Continue to move stop-loss accordingly based on market situation!
ETH pullback to 2860-2900, buy one lot, with a stop around 2820. Target around 2950-2980-3000, and if broken, look at 3050-3080. Continue to move stop-loss accordingly based on market situation!
1.23 Short strategy:
Bitcoin rebound to 91500-92000, enter short, with a stop around 92500. Target around 90500-9万-89500, and if broken, look at 89000-88500-88000. Continue to move stop-loss accordingly based on market situation!
ETH rebound to 3050-3080, short, with a stop around 3130. Target around 3000-2970-2950, and if broken, look at 2930-2900-2860. Continue to move stop-loss accordingly based on market situation!
懂王’s wolfish ambitions are fully exposed. Although the coin prices have recently been in a downturn, it’s clear that the cryptocurrency city built by懂王 will not collapse so easily. So, don’t blindly bearish. The technicals have already stopped falling, and a pullback for positioning is worth a try!#现货黄金再创新高