Thursday Midnight Bitcoin Ethereum Strategy Update
The market is once again exhibiting a fluctuating pattern. From the four-hour chart, the price of the coin continues to oscillate within a range, failing to break through the previous high, while the pullback has not dropped below the previous low. It is noteworthy that the price lows are gradually moving higher. Although the highs have not yet been breached, observations from various indicators suggest that a breakout could happen at any moment. Therefore, before a trend-driven one-sided market arrives, it is recommended that friends participate primarily with short-term strategies.
The short-term MACD still shows an upward trend. Although other indicators show signs of flattening later on, this is only a short-term pattern, and the overall upward trend has not changed. In terms of operational strategy, we should shift towards a bullish direction. One can wait for the price to stabilize after a pullback before entering; if the pullback does not provide an opportunity, one can directly position long based on technical signals.
Operation Suggestions:
Go long on Bitcoin in the range of 104000-103700, target 105300
Go long on Ethereum near 2480, target 2550
