Our midday strategy remains unchanged, continuing to operate around the bullish trend. Currently, the morning long positions in Ethereum have already been taken profit, while Bitcoin is still being held. Brothers, if you can get in at a better position for long positions, continue to hold patiently.
From the hourly technical patterns, the price of Bitcoin continues to be under key resistance at the middle band of the Bollinger Bands, repeatedly testing upwards. Although the pressure at the middle band is significant, the repeated testing actions reflect that bullish strength is gradually accumulating. Currently, the overall Bollinger Band channel is steadily moving upwards, indicating that the short-term upward trend continues. In terms of Ethereum, the Bollinger Band opening is continuously expanding, and both the upper and middle bands are maintaining an upward trend, showing that the bulls dominate, and market buying sentiment is high.
Combining the current market characteristics, the afternoon trading strategy suggests continuing the morning approach, adopting a high sell low buy strategy for long positions. Focus on Bitcoin's breakout situation near the middle band; if it can effectively stabilize above the middle band, consider adding to long positions; for Ethereum, you can look to go long at the support of the lower Bollinger Band while strictly setting stop losses to guard against sudden pullback risks.
Operation:
$BTC Bitcoin around 1067-1072, target looking at 1082-1087.
$ETH Ethereum around 2420-2450, target looking at 2510-2540.