Sunday Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions
This weekend's market is similar to previous trends, with no significant adjustments, remaining in a small range of fluctuations. From the four-hour level, the Bitcoin price is in the lower area of the Bollinger Bands, with the middle line showing strong resistance, and it has not been broken. Moreover, the three lines of the Bollinger Bands are still trending downwards, indicating that the bearish trend still holds a certain degree of dominance; Ethereum has been in a low range of slight fluctuations since retracing from its highs, with few signs of rebound. Therefore, we will continue to adopt a high sell low buy strategy for short positions, but given the recent market volatility, setting stop-loss levels is very necessary.
Short Bitcoin around 105000, target 102000 (pay attention to the resistance around 105500)
Short Ethereum around 2550, target 2400 (pay attention to the resistance around 2570)
#特朗普媒体科技集团比特币财库 #PCE数据来袭 #比特币 #以太坊 #币圈
This weekend's market is similar to previous trends, with no significant adjustments, remaining in a small range of fluctuations. From the four-hour level, the Bitcoin price is in the lower area of the Bollinger Bands, with the middle line showing strong resistance, and it has not been broken. Moreover, the three lines of the Bollinger Bands are still trending downwards, indicating that the bearish trend still holds a certain degree of dominance; Ethereum has been in a low range of slight fluctuations since retracing from its highs, with few signs of rebound. Therefore, we will continue to adopt a high sell low buy strategy for short positions, but given the recent market volatility, setting stop-loss levels is very necessary.
Short Bitcoin around 105000, target 102000 (pay attention to the resistance around 105500)
Short Ethereum around 2550, target 2400 (pay attention to the resistance around 2570)
#特朗普媒体科技集团比特币财库 #PCE数据来袭 #比特币 #以太坊 #币圈
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BTC
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