The morning strategy has already outlined the trading range for Bitcoin, which is oscillating between 117,000 and 118,500. There are still plenty of short-term trading opportunities within this range. The public advice across the network is to look for upward movement at 117,100, with an extreme entry point providing over 700 points of potential gain. Keeping up with the rhythm and taking profits is just basic operation.
From the current market perspective, Bitcoin is showing an oscillating pattern to digest market sentiment. The three-day moving average is providing support below as the daily candles adjust. The four-hour candle patterns alternate between bullish and bearish, with a contraction in volatility and an upward shift in the oscillation center, effectively digesting market sentiment to prepare for the upcoming trend. Looking at the hourly level, the Bollinger Bands are diverging in parallel, and the resistance above and below is now clear. Our strategy for Bitcoin remains unchanged as we continue to look for lower entries.
Bitcoin: 117,000 to 117,300, looking up to 118,500.
Ether: 2,900 to 1,930, looking up to 3,000. #BTC再创新高 #山寨季何时到来 $BTC $ETH