5.4 Evening Strategy

The market is currently showing a downward trend, but the pullback may be building strength for a subsequent breakthrough. Bitcoin and Ethereum have shown some resilience at key support levels, while the Bollinger Bands are tightening and the MACD indicator is recovering, signaling that the tug-of-war between bulls and bears is about to change. Today, Bitcoin has dipped from around 96200 to near 95200, while Ethereum continues to oscillate within a range.

Technical Analysis

From a technical perspective, although Bitcoin is in a weak oscillation, the Bollinger Bands are continuously tightening, and market volatility has significantly decreased, which may be a precursor to a trend reversal. At the same time, the MACD indicator has initially produced a golden cross below the zero axis, and bearish momentum is gradually fading. If the 4-hour candlestick price can break through the descending trend line resistance at 96200, the evening market is expected to turn bullish.

Trading Suggestions

• Bitcoin: Establish long positions near 95300, with a short-term target of 97000.

• Ethereum: Attempt to go long near 1820, setting a short-term target at 1880.