Thursday Evening Bitcoin and Ethereum Latest Market Analysis and Trading Suggestions
Currently, the 4-hour chart shows a clear range-bound trend. Since the recent high, both bulls and bears have not shown much continuation. After a drop to 100600, there was a rebound, and upon reaching the 10500 area, it faced resistance again. Currently, the price has returned to the support area of the 4-hour lower band and is showing signs of a rebound.
Observing the short-term trend on the 1-hour chart, the price is similarly moving along the lower Bollinger Band. Although it still hovers near the lower band overall, the price lows are gradually rising, forming a micro ascending channel. This structure of continually rising lows suggests that selling pressure in the market is gradually easing, and there are clear signs of exhaustion in bearish momentum. The strategy remains to look for buy opportunities on pullbacks in the evening. Note! Pay close attention to the news at 20:30 in the evening!
Trading Suggestions:
Buy Bitcoin around 101500-102000,
Target around 103500,
Buy Ethereum around 2500-2540, target around 2600
#比特币 #比特币走势分析
Currently, the 4-hour chart shows a clear range-bound trend. Since the recent high, both bulls and bears have not shown much continuation. After a drop to 100600, there was a rebound, and upon reaching the 10500 area, it faced resistance again. Currently, the price has returned to the support area of the 4-hour lower band and is showing signs of a rebound.
Observing the short-term trend on the 1-hour chart, the price is similarly moving along the lower Bollinger Band. Although it still hovers near the lower band overall, the price lows are gradually rising, forming a micro ascending channel. This structure of continually rising lows suggests that selling pressure in the market is gradually easing, and there are clear signs of exhaustion in bearish momentum. The strategy remains to look for buy opportunities on pullbacks in the evening. Note! Pay close attention to the news at 20:30 in the evening!
Trading Suggestions:
Buy Bitcoin around 101500-102000,
Target around 103500,
Buy Ethereum around 2500-2540, target around 2600
#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
103,968.25
+0.69%
ETH
2,573.46
-0.65%