Bitcoin continues to show slight range fluctuations during the day. The low strategy we laid out in the early morning saw a downward spike in the evening, unfortunately hitting resistance, while Ethereum achieved a good profit margin. Congratulations to those who followed along.
Currently, after closing in the early morning, the daily view shows that Bitcoin, due to volume reasons, has a K line in a doji state. The MACD and KDJ indicators are still showing a bullish sentiment at the bottom. However, the MA30 daily average continues to rise, intensifying the short-term trend towards range adjustment. The TD indicator for the K line's bullish and bearish arrangement has reached TD3. The resistance reference for the high is around 106700, and the support reference for the low is around 104200-103000. Given the current trend, Bitcoin can only break out of the one-sided market if it breaks through the pressure or support with volume. From the 12-hour chart perspective, I personally favor a rebound after a pullback.
The 4-hour chart shows the price operating above the MA30 daily average, with MACD continuing to show a bullish contraction. The three lines of KDJ are beginning to flatten at the bottom. The overall trend of the BOLL band has not broken the tendency for range adjustment. In comparison to Ethereum, Bitcoin is considerably weaker. Therefore, from early morning to the morning, my short-term personal view is to maintain a strategy of high selling and low buying.
Operational strategy: Buy at 104500-104000. Target: 106000-106800. Stop loss: 103500.
The reference points are: 106200-106800. Target: 104500-104000.
Ethereum's overall trend is currently basically synchronized with Bitcoin. Due to the daily level being slower than Bitcoin by one cycle, and the short-term trend being stronger than Bitcoin, the short-term strategy is also to adopt a high sell and low buy approach.
Operational strategy: Buy at 2615-2585. Target: 2670-2720. Stop loss: 2565.
The reference points are: 2695-2715. Target: 2650-2610.
For the short-term trend, it is expected to be sufficient. The daily update tomorrow will continue to follow up.#美国加征关税 #币安Alpha上新