Friday Morning Bitcoin and Ethereum Market Analysis and Operation Guide
In the cryptocurrency world, price fluctuations often stir the hearts of investors. When prices fall, it’s natural to feel anxious, but please remain calm, take a few deep breaths, and let your emotions settle. It’s important to understand that this is by no means the end, but rather another test given by the market. Just like the ebb and flow of the ocean, the crypto space has its own cyclical patterns, and every valley is a buildup for the subsequent peak.
Yesterday at midnight, the Bitcoin market experienced a deep dive, with prices falling to the 105580 line before stopping the drop, and then quickly entering a rebound mode. Ethereum's market, on the other hand, did not follow Bitcoin's decline, but instead continued to oscillate within a certain range, with prices fluctuating between the 2674 high and the 2630 low.
From the current technical indicators on the chart:
- Four-hour level: The market broke below the lower band of the Bollinger Bands with two consecutive bearish candles, after which the bullish forces launched a slight counterattack, and prices gradually warmed up. The RSI indicator has turned upwards after exiting the oversold zone, indicating that buying power is gradually strengthening and starting to push prices.
- One-hour level: The market initially made a rebound with two bullish candles, followed by a pullback from the bears, but prices still maintained above the lower band of the Bollinger Bands. The KDJ and RSI indicators show a trend of convergence, and there is a high possibility of forming a golden cross pattern, while the MACD histogram is gradually shrinking below the 0 axis. All signs indicate a high likelihood of a bottoming and rebound in the market, so the morning operation suggestion is to focus on a low long strategy.
Operation Suggestions
- Bitcoin: You can set up long positions around 105500, with targets looking towards 107500 - 108000.
- Ethereum: Long positions can be taken around 2620, with a target price of 2720.
Investing in cryptocurrency comes with both risks and opportunities, so be sure to manage risks well and arrange investments reasonably based on your risk tolerance. The above suggestions are for reference only, and I hope everyone can achieve ideal returns in their investments. #交易类型入门 #币安Alpha上新 #马斯克宣布离开特朗普政府 #币安HODLer空投SOPH #比特币2025大会