Wednesday Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions
Looking back at the morning's outlook, Old Tian reminded friends of the entry points, which were accurately predicted. The real market provided several pullbacks near the 105700 line as expected, and we decisively positioned long positions, capturing 861 points of profit before exiting. The Ethereum layout is also progressing simultaneously. This is the charm of real market guidance; with expectations in place, there are also unexpected gains. How is everyone doing with their operations? Any pleasant surprises? We continue to maintain a pullback to buy strategy this afternoon.
The current market shows that Bitcoin's overall trend is still upward, with consecutive bullish candles and multiple tests of the resistance level at 106800. The pin-shaped candlestick formed during the previous dip can be seen as confirming the support area at 103900-104600 (first support level). As long as this support area is not effectively broken, we maintain a bullish outlook. Although Ethereum has seen a slight pullback, the bullish performance remains strong, with the low point of the early morning pullback at 2416 still unbroken. The smaller time frame has once again entered a narrow consolidation structure. Overall, the major trend remains bullish, and the current slight pullback is within the normal range of technical correction. As long as the key support holds, we continue to be bullish. If the key support is effectively broken later, the trend direction will need to be reassessed. Please follow the real market operations for specific actions.
Trading Suggestions:
Bitcoin in the 105500-106000 range, aiming for 107000.
Ethereum in the 2410-2430 range, aiming for 2500.
#加密市场反弹 $BTC
Looking back at the morning's outlook, Old Tian reminded friends of the entry points, which were accurately predicted. The real market provided several pullbacks near the 105700 line as expected, and we decisively positioned long positions, capturing 861 points of profit before exiting. The Ethereum layout is also progressing simultaneously. This is the charm of real market guidance; with expectations in place, there are also unexpected gains. How is everyone doing with their operations? Any pleasant surprises? We continue to maintain a pullback to buy strategy this afternoon.
The current market shows that Bitcoin's overall trend is still upward, with consecutive bullish candles and multiple tests of the resistance level at 106800. The pin-shaped candlestick formed during the previous dip can be seen as confirming the support area at 103900-104600 (first support level). As long as this support area is not effectively broken, we maintain a bullish outlook. Although Ethereum has seen a slight pullback, the bullish performance remains strong, with the low point of the early morning pullback at 2416 still unbroken. The smaller time frame has once again entered a narrow consolidation structure. Overall, the major trend remains bullish, and the current slight pullback is within the normal range of technical correction. As long as the key support holds, we continue to be bullish. If the key support is effectively broken later, the trend direction will need to be reassessed. Please follow the real market operations for specific actions.
Trading Suggestions:
Bitcoin in the 105500-106000 range, aiming for 107000.
Ethereum in the 2410-2430 range, aiming for 2500.
#加密市场反弹 $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
106,600.25
+1.29%
ETH
2,417.91
-0.04%