Bitcoin/Ethereum have had a decent overall fluctuation these days, and the previous strategy of going long first and then short has also been successful. Currently, after a drop in the market, there is a narrow fluctuation, coinciding with the weekend, resulting in an even narrower range. Meanwhile, Ethereum appears weaker, with a relatively weak rebound after a pullback.
The BTC and ETH candlestick pattern on the daily level shows a rapid decline after a recent price rise, currently oscillating around 2420 and 103400, forming signs of a short-term bottoming. On the 4-hour level, the previous large bearish candle was accompanied by increased volume, followed by a slight rebound, but overall still in a weak position. In terms of technical indicators on the 4-hour cycle, both DIF and DEA are below the zero axis and continue to diverge downward, indicating a clear bearish trend; however, the green bars are shortening, suggesting a weakening of downward momentum.
Evening trading suggestions: BTC: oscillate around 102800 to 103300, target around 104800; ETH: oscillate around 2390 to 2410, target around 2460.
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