In the cryptocurrency world, many people focus on the fluctuating prices in front of them. In reality, making money is not about short-term luck, but rather about long-term persistence and patience. Take Bitcoin as an example; initially, no one paid attention, but now it has become the global focus. All successful cryptocurrency projects are backed by developers who work tirelessly day and night, persevering to bring them to life. Therefore, as long as we do not forget why we entered the market and stay firm in our judgment, we will surely reap good returns over time.
Looking at the market in the last 4 hours, it is clear that the buyers hold the advantage. Prices are fluctuating at high levels; although there is resistance when prices rise, the Bollinger Bands indicator has been opening upwards, and the middle line is slowly rising, providing support for prices. Looking at the MACD indicator, the fast and slow lines are crossing upwards, and the positive values are continuously increasing, indicating that this upward trend is not yet over.
Examining the 1-hour market, prices previously rose consecutively for five bullish candles, increasing sharply. Later, the bears attempted to push down prices with two bearish candles, but the decline was minimal, and crucial support levels were not broken. Additionally, the KDJ indicator shows three lines crossing upwards at a low level, which is also a signal for price increases. After comprehensive analysis, for trading this morning, we should choose to buy at lower price levels, wait for the right opportunity to enter during a pullback, and operate in line with the market trend, which is sure to be correct.
Specific operational suggestions:
Bitcoin: Buy when the price drops to the range of 108,500 to 109,000, targeting a price of 110,500;
Ethereum: Buy when the price reaches the range of 2,540 to 2,570, targeting a price of 2,650. #非农就业数据来袭 #BTC重返11万 #币安Alpha上新 #美股代币化 #特朗普马斯克分歧