5.2 Bitcoin Ether Strategy
Yesterday, a long position was suggested at the Bitcoin level of 94800, targeting 97500. The recent surge finally broke through the range and reached the target. The long position strategy successfully provided a profit of 2700 points. Currently, from the perspective of the 4-hour chart, the price of the currency has been consistently operating around the 5-day moving average, and based on the closing situation at the 4-hour level, it is expected that there is still room for further upward movement in the currency price today or tomorrow. The attached MACD indicator's fast and slow lines have formed a golden cross above the zero axis, and the red momentum bars are expected to release greater momentum. The volume indicator shows that the funds are also increasing. Overall, the intra-day operation suggestion remains primarily focused on going long. BTC154 free guidance
Operation Strategy:
BTC: Wait for the price to pull back to the 96500-96000 range to go long, targeting around 98000 and 99200. The short entry point is at the 99000 level; upon reaching this level, go short directly, targeting 97300.
ETH: The movement of Ether is very stable; consider going long at the current price of 1840, targeting 1890-1920.
