The upward trend on the 4-hour chart of Bitcoin has not been broken, with narrow fluctuations around 109700 during the day, leading to a temporary balance between bulls and bears. The Bollinger Bands are contracting, with resistance at 111200 and support at 108800. The MACD shows a shrinking red bar above the zero line, indicating a decline in bullish momentum, but no death cross has occurred, and it remains in a consolidation phase.
Ethereum is consolidating sideways, with the MACD histogram remaining positive but shortening, indicating a weakening of bullish momentum; the RSI is in the neutral zone and has not reached overbought levels. The key resistance is at 3950-4000.
Day Trading Strategy
The pancake is fluctuating in the range of 108600-109200, with a target of 110500. If it breaks above, look at 112200.
The second pancake is in the range of 3780-3820, targeting 3880, aiming for 3950#美联储如期降息25基点
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Monday daytime btc/eth strategy
The upward trend on the 4-hour chart of Bitcoin has not been broken, with narrow fluctuations around 109700 during the day, leading to a temporary balance between bulls and bears. The Bollinger Bands are contracting, with resistance at 111200 and support at 108800. The MACD shows a shrinking red bar above the zero line, indicating a decline in bullish momentum, but no death cross has occurred, and it remains in a consolidation phase.
Ethereum is consolidating sideways, with the MACD histogram remaining positive but shortening, indicating a weakening of bullish momentum; the RSI is in the neutral zone and has not reached overbought levels. The key resistance is at 3950-4000.
Day Trading Strategy
The pancake is fluctuating in the range of 108600-109200, with a target of 110500. If it breaks above, look at 112200.
The second pancake is in the range of 3780-3820, targeting 3880, aiming for 3950#美联储如期降息25基点