In the wave of ups and downs in the crypto world, there's no need to obsess over short-term fluctuations. Every movement of the candlestick chart is the market screening perceptions; every consolidation in a bear market is储蓄力量 for the bull market. This morning, there was a brief surge followed by resistance correction, then a foundation was laid for a steady rise, with bulls and bears tugging back and forth. Bitcoin fluctuated around 92,300, switching back and forth, while Ethereum hovered around 3,250, overall showing a steady oscillating upward trend. In terms of real trading setup, the long positions in the morning successfully entered, with Bitcoin at 92,168 and Ethereum at 3,240. Recently, the main approach is swing trading; friends who have already followed the morning strategy can hold patiently, while those who haven't entered yet should look for a good opportunity to enter.
From the current market outlook, the 4-hour chart shows that after a short-term high in the morning, the price faced resistance and pulled back, then entered a brief correction phase. Currently, the market is dominated by two consecutive bearish days, short-term operation is above the middle band of the Bollinger Bands, with the three bands continuing to rise. The middle band and upper band form key support and resistance levels. The 1-hour chart indicates that the price is currently in a relatively strong oscillation pattern, with a short-term trend showing strength, and the Bollinger Bands are expanding. The ETH行情 correlates strongly with Bitcoin, and the overall trend is quite consistent. Overall, the short-term bullish trend remains intact. Afternoon operation suggestions can continue the morning approach, mainly retracement buying, but be alert to the "pin" risk during a pullback. It’s recommended to set a stop-loss around the middle band at approximately 91,000.
Follow Gong Zhonghao: Always Win, Follow the Trend
Trading suggestions: Bitcoin: Around 91,800, go long, target 95,000
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In the wave of ups and downs in the crypto world, there's no need to obsess over short-term fluctuations. Every movement of the candlestick chart is the market screening perceptions; every consolidation in a bear market is储蓄力量 for the bull market. This morning, there was a brief surge followed by resistance correction, then a foundation was laid for a steady rise, with bulls and bears tugging back and forth. Bitcoin fluctuated around 92,300, switching back and forth, while Ethereum hovered around 3,250, overall showing a steady oscillating upward trend. In terms of real trading setup, the long positions in the morning successfully entered, with Bitcoin at 92,168 and Ethereum at 3,240. Recently, the main approach is swing trading; friends who have already followed the morning strategy can hold patiently, while those who haven't entered yet should look for a good opportunity to enter.
From the current market outlook, the 4-hour chart shows that after a short-term high in the morning, the price faced resistance and pulled back, then entered a brief correction phase. Currently, the market is dominated by two consecutive bearish days, short-term operation is above the middle band of the Bollinger Bands, with the three bands continuing to rise. The middle band and upper band form key support and resistance levels. The 1-hour chart indicates that the price is currently in a relatively strong oscillation pattern, with a short-term trend showing strength, and the Bollinger Bands are expanding. The ETH行情 correlates strongly with Bitcoin, and the overall trend is quite consistent. Overall, the short-term bullish trend remains intact. Afternoon operation suggestions can continue the morning approach, mainly retracement buying, but be alert to the "pin" risk during a pullback. It’s recommended to set a stop-loss around the middle band at approximately 91,000.
Follow Gong Zhonghao: Always Win, Follow the Trend
Trading suggestions:
Bitcoin: Around 91,800, go long, target 95,000
Ethereum: Around 3,200, go long, target 3,500