Evening Market Analysis and Strategy for 7.3
On Thursday afternoon, the Bitcoin market experienced a strong rebound, with prices continuing the upward trend from the midday session, rising from a low of 108480 to a high of 110275 before pausing. Ethereum also followed the lead of Bitcoin, with prices strongly climbing from a low of 2556 to a high of 2619 before stopping.
According to the current framework, the four-hour level shows that after experiencing two consecutive bearish candles, the bulls have once again provided a rebound with two consecutive bullish candles, and the price has reached the 110,000 mark. However, it is clear that during the rebound process, the bullish candles have long upper shadows, and the K-line has not broken through the upper Bollinger Band, indicating that there is still resistance above. Looking at the one-hour level, the market has declined after reaching the upper Bollinger Band, with MACD indicators showing the fast and slow lines are converging, indicating that both sides are struggling. However, the KDJ and RSI indicators show all three lines are turning downwards, so for evening operations, we will adopt a strategy of selling high and buying low.
Bitcoin: Range 110000-110500, target at 109000
Ethereum: Range 2620-2650, target at 2550#非农就业数据来袭 #比特币 #以太坊ETF