📈【Daily Insights: BTC Fluctuates, Is There a Buying Opportunity for ETH?】

Today let's talk about the trends of BTC (Bitcoin) and ETH (Ethereum). Tonight, BTC is fluctuating around 97k, looking a bit 'hesitant', but from the monthly chart perspective, BTC is still firmly above the EMA5. The situation for ETH is also quite interesting; although it is still fluctuating at a low level, there is significant support from EMA120 below, and historically, it has never dropped below this level at the end of the period during previous bull and bear cycles. Those trading on the right side might consider trying to buy the dip!

🎯BTC (Bitcoin): 97k Fluctuation, Strong Monthly Chart

• Short-term Fluctuation, Strong Monthly Chart

BTC is fluctuating around 97k tonight, and it seems the market is a bit hesitant. However, from the monthly chart perspective, BTC is still firmly above the EMA5. This indicates that the long-term trend of BTC remains upward, and the short-term fluctuation is merely a temporary adjustment.

• Long-term Trend Unchanged

The long-term trend of BTC has always been the market's guiding indicator. The support at monthly EMA5 indicates that market confidence in BTC remains strong. As long as the monthly EMA5 holds, the long-term upward trend of BTC will not change.

ETH (Ethereum): Low-level Fluctuation, Strong Monthly Support

• Low-level Fluctuation, Strong Monthly Support

ETH is currently still fluctuating at a low level, looking a bit 'struggling'. However, from the monthly chart, there is significant support from EMA120 below. This support level is very important; historically, ETH has never dropped below EMA120 at the end of the period during previous bull and bear cycles.

• Buying Opportunity?

If you are trading on the right side, now might be a good time to try to buy the dip for ETH. Although ETH is still fluctuating at a low level, the support at monthly EMA120 gives us enough confidence that ETH has a chance to rebound.

📊Trading Strategy

• BTC: Stay Calm, Don't Panic

If you hold BTC, don't worry too much about the short-term fluctuations. As long as the monthly EMA5 holds, the long-term trend of BTC will not change. Hold your position steady and patiently wait for the next upward wave.

• ETH: Try to Buy the Dip

For ETH, if you are trading on the right side, consider trying to buy the dip near the monthly EMA120. Although ETH is still fluctuating at a low level, this support level is very strong, and once it rebounds, the returns could be substantial.

⚠️Risk Warning

The investment market is unpredictable; the above views are personal analysis and do not constitute any investment advice. Invest cautiously; preserving your capital is key! #非农就业数据来袭