Midnight Silk Road on Friday:
Yesterday, Bitcoin fluctuated upward and stabilized at 110,000, showing weakness after breaking a new high, with resistance appearing above, and clear signs of a top being formed, indicating potential space for a pullback.
In the four-hour chart, the price is running along the upper Bollinger Band but has not broken through again, with a pullback signal emerging from the high-level consolidation. Overall, the bulls are dominant, and it is advisable to operate with low leverage longs.
Trading Suggestions:
Bitcoin; Range 109,800-110,200, Target around 112,000-112,500
Ethereum: Range 26,000-26,300, Target around 2,700-2,750 $BTC $ETH
Yesterday, Bitcoin fluctuated upward and stabilized at 110,000, showing weakness after breaking a new high, with resistance appearing above, and clear signs of a top being formed, indicating potential space for a pullback.
In the four-hour chart, the price is running along the upper Bollinger Band but has not broken through again, with a pullback signal emerging from the high-level consolidation. Overall, the bulls are dominant, and it is advisable to operate with low leverage longs.
Trading Suggestions:
Bitcoin; Range 109,800-110,200, Target around 112,000-112,500
Ethereum: Range 26,000-26,300, Target around 2,700-2,750 $BTC $ETH
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ETH
2,537.1
-3.56%