Wednesday evening thought update, latest market analysis of Bitcoin and Ethereum
Reviewing the bullish outlook given in the evening, Bitcoin failed to stabilize above 104,000, so we remain cautious. Ethereum reached its target point and has retraced. Bitcoin and Ethereum's price comparison has been influenced by the market dynamics, resulting in a pullback. Currently, Bitcoin is around 102,800, while Ethereum is oscillating around 2,560, building momentum. In the one-hour structure, Bitcoin has hit the support level but failed to break through effectively, with strong resistance still below. The Bollinger Bands remain in a parallel state, and we can expect a rebound within this range in the future.
Trading Suggestions:
Buy Bitcoin around 103,000-102,500,
Target around 103,900,
Buy Ethereum around 2,550, target around 2,640
#比特币 #比特币走势分析
Reviewing the bullish outlook given in the evening, Bitcoin failed to stabilize above 104,000, so we remain cautious. Ethereum reached its target point and has retraced. Bitcoin and Ethereum's price comparison has been influenced by the market dynamics, resulting in a pullback. Currently, Bitcoin is around 102,800, while Ethereum is oscillating around 2,560, building momentum. In the one-hour structure, Bitcoin has hit the support level but failed to break through effectively, with strong resistance still below. The Bollinger Bands remain in a parallel state, and we can expect a rebound within this range in the future.
Trading Suggestions:
Buy Bitcoin around 103,000-102,500,
Target around 103,900,
Buy Ethereum around 2,550, target around 2,640
#比特币 #比特币走势分析
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
103,548.4
-0.69%
ETH
2,606.74
-2.30%