Bitcoin and Ethereum Evening Market Analysis and Trading Strategies

I. In-Depth Technical Analysis

From the observation of the 4-hour cycle technical pattern, Bitcoin (BTC) shows a significant range convergence state in the Bollinger Bands, indicating that the market is in a critical window for directional choice. At the same time, the 15-minute level technical indicators (such as MACD, RSI) are all showing a downward trend, reflecting that there is certain short-term market pullback pressure.

Switching to the daily cycle, the K-line body continues to stabilize above the middle track of the Bollinger Bands, showing that bulls still dominate in the medium to long-term dimension. It is worth noting that the daily level technical indicators (such as KDJ, MACD) are all showing a golden cross diverging upwards, and the momentum bar continues to grow, indicating that bullish strength is in a gradual accumulation phase. As time goes on, once the technical indicators and price trends form an effective resonance, Bitcoin is expected to usher in a new upward trend.

II. Trading Strategy Suggestions

(A) Bitcoin (BTC) Trading Strategy

It is recommended to build long positions on dips in the range of $106,500 - $107,000, with stop-loss set below $106,200, and target price aiming for $108,500. This strategy is based on the support of the bullish trend at the daily level, combined with the potential breakout direction after the convergence of the 4-hour Bollinger Bands.

(B) Ethereum (ETH) Trading Strategy

For Ethereum, it is recommended to build long positions around $2,400, with the stop-loss set at $2,370, and target price looking up to $2,550. This strategy is based on the positive trend of Ethereum's daily level technical indicators, as well as its potential upward space linked to Bitcoin.

III. Risk Warning

Although the medium to long-term trend is bullish, there is still uncertainty in the short-term market. Investors need to closely monitor market dynamics, strictly set stop-loss and take-profit levels, reasonably control positions, and guard against risks brought by sudden market movements. The above strategies are for reference only; specific trading decisions should be made cautiously based on personal risk tolerance and real-time market changes.