#BTC #ETH is currently in the weekend. Due to a lack of news stimulus, market liquidity is poor, and energy is relatively weak. The shipping situation is becoming more stable, and the price comparison is currently fluctuating narrowly around the 118000 line. After significant ups and downs in the previous period, it also requires some time to digest the recent gains or losses. Although it is fluctuating, Lao Hu's grasp of the shipping situation remains consistently stable, having made several successful short-term entries, achieving good space, which I will not elaborate on here.

On the hourly level, although the price comparison has recently retreated, the current momentum has gradually recovered the lost ground to above the middle track, with subsequent upward momentum to test the upper track. Currently, the DIF line is below the DEA line, and the MACD value is negative, indicating a dominant state of the short-term momentum. However, observing the MACD histogram, we can see that the length of the green bars is gradually shortening, which suggests that the momentum strength is gradually weakening, while the upward momentum is accumulating. It is expected that in the short term, the price comparison may first consolidate around the current position to digest the upward momentum. As the upward momentum further strengthens, the price is expected to break upward and test higher levels. In the evening operations, Lao Hu still suggests focusing on short-term trades with a low momentum approach.

Operation Suggestions

Big cake around 117500, target initially at 119000

Etiquette around 3530, target initially at 3600