The midday market shows a narrow range of fluctuating patterns, with the operating range increasingly narrowing. The long positions we previously established at low levels are still in the market, but due to limited market fluctuations, we have not yet been able to secure any significant gains. From the current trend on the 4-hour chart, the lows are gradually rising, and the price ratio is beginning to test the mid-band resistance. On the hourly chart, the main pattern is one of oscillation and tug-of-war. Although the short-term trend is winding and repetitive, the overall shape continues to extend upwards, with the mid-band forming a short-term effective support, and the price ratio is temporarily stabilizing above the mid-band. In the smaller time frame, the price ratio triggered a technical rebound after reaching the critical support level of 93400, currently running around 94300, maintaining a narrow oscillating pattern, with the Bollinger Bands showing a contracting shape. It is advisable to continue holding the previously arranged long positions in Bitcoin, while those who have not entered the market can consider setting up oscillating strategies within the range in the short term. First long and then short, with a focus on the breakthrough of resistance and support levels at the upper and lower bands.
Bitcoin long at 94000-93700, targeting around 95800; Ethereum long at 1790-1780, targeting around 1850. #美联储FOMC会议 #美国众议院市场结构讨论草案 #币安LaunchpoolSXT #Strategy增持比特币