Wednesday Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions
Recently, I've been quite busy with real trading and haven't had much time to rest while driving. I've also shared fewer strategies and results. Now I take a moment to analyze for my friends. Looking back, the idea of buying on the pullback provided this morning was perfectly fulfilled. The real trading pulled back to around the 105800 line in the morning, and then began to rebound, reaching a high point near 107700. The bull market has arrived as expected, and the bulls continue to dominate as we firmly believe in the bullish outlook. Currently, the real trading is fluctuating around the 107400 line. We will continue to maintain the strategy of buying on the pullback during the afternoon. We can also short at a high level and wait for the pullback. Aggressive traders can take a light short position now, while conservative traders should wait for a suitable pullback point before making a move.
Trading Suggestions:
Buy in the range of 106000-106500 for Bitcoin, target 108000.
Buy in the range of 2530-2550 for Ethereum, target 2650.