$BTC 7.5 Saturday afternoon Bitcoin Ethereum latest market analysis and trading suggestions:
Human instinct to seek profit and avoid harm often becomes a fatal weakness in the contract market: instinctively chasing highs and cutting losses, instinctively holding positions without stop-loss. Mature traders choose to act against their instincts, building a robust trading system. They use stop-loss to cut losses, take profit to lock in gains, and manage positions to control risk. Reviewing the early morning, Bitcoin touched a low of 107220 before rebounding, currently reaching a high of 108319. Ethereum synchronized with Bitcoin, rebounding from a low of 2473, currently reaching a high of 2524. In the afternoon, Qian Yu suggested taking a low long strategy to seize some points during the pullback.
From the current market perspective, the four-hour MACD shows a golden cross of DIF and DEA below the zero axis, with green momentum bars emerging, indicating increased rebound momentum but not yet out of the bearish zone. RSI has risen from the oversold area of 30 to 48, leaning towards bullish but not entering a strong zone. The Bollinger Bands price touched the middle track of 108400; if it stabilizes, it will open up an upward space to the upper track of 109000. In terms of operations, Qian Yu suggested a low long strategy; if the rebound fails, switch strategies. If it doesn't break the previous level, operate on oscillation repair; if it breaks, follow the trend. Strict stop-loss!
Saturday afternoon thoughts:
Bitcoin long around 107300, targeting 109000.
Ethereum can go long around 2480, targeting 2580.