Friday Evening Bitcoin and Ethereum Market Analysis and Trading Recommendations
During the day, the market slightly pulled back with Bitcoin touching a low of around 104185, and Ethereum simultaneously hitting a low of 2502, after which the bulls launched a strong rebound. In the afternoon, Bitcoin surged strongly, breaking through yesterday's high, reaching a maximum of 106486; Ethereum also rose to 2568. The contract market is unpredictable, so accurately grasping fluctuations and making correct decisions is the key to leading students to long-term success.
From a daily perspective, although yesterday closed with a doji candlestick, today the bulls have strongly broken through yesterday's high and successfully reclaimed the key area of 106000-106300, which is above the daily mid-line. On the 4-hour chart, a strong bullish candlestick has broken through the mid-line and continued to rise, slightly facing resistance after reaching the upper line. The short-term moving averages are turning upwards, and the bullish momentum is abundant. Currently, the short-term trend is strong, with no signs of a quick rise and fall. Focus on the support area of 105000-105500; if it stabilizes above this area, it will confirm the return of the bulls as the dominant force. This evening, continue to maintain the strategy of pulling back to buy.
Trading Recommendations:
For Bitcoin, buy around 105500, target 107200.
For Ethereum, buy in the 2520-2530 range, target 2620.
#美联储FOMC会议
During the day, the market slightly pulled back with Bitcoin touching a low of around 104185, and Ethereum simultaneously hitting a low of 2502, after which the bulls launched a strong rebound. In the afternoon, Bitcoin surged strongly, breaking through yesterday's high, reaching a maximum of 106486; Ethereum also rose to 2568. The contract market is unpredictable, so accurately grasping fluctuations and making correct decisions is the key to leading students to long-term success.
From a daily perspective, although yesterday closed with a doji candlestick, today the bulls have strongly broken through yesterday's high and successfully reclaimed the key area of 106000-106300, which is above the daily mid-line. On the 4-hour chart, a strong bullish candlestick has broken through the mid-line and continued to rise, slightly facing resistance after reaching the upper line. The short-term moving averages are turning upwards, and the bullish momentum is abundant. Currently, the short-term trend is strong, with no signs of a quick rise and fall. Focus on the support area of 105000-105500; if it stabilizes above this area, it will confirm the return of the bulls as the dominant force. This evening, continue to maintain the strategy of pulling back to buy.
Trading Recommendations:
For Bitcoin, buy around 105500, target 107200.
For Ethereum, buy in the 2520-2530 range, target 2620.
#美联储FOMC会议
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
103,860.19
-0.28%
ETH
2,485.8
-0.47%
SOL
142.39
-0.98%