$ETH In the ups and downs of the cryptocurrency world, we have all been chasing the light. Every ups and downs on the K-line chart are like the wrinkles of life - there is the ecstasy of a sudden rise, and there is the suffocation of a sharp drop. More often, it is the confusion and waiting in the sideways market. Some people use leverage to bet on tomorrow, some people rely on faith to stay up all night, some people get lost in chasing hot spots, and some people learn to be respectful when cutting their losses. On the weekend night, the Bitcoin market rebounded strongly after a slight retreat to the low point of 117796. Near midnight, the price reached a high point of 118904. The Ethereum evening market continued to maintain the upward trend in the afternoon, and the price rose all the way to the high point of 3794. After the market gave a certain retracement in the evening, Yunlu decisively caught a rebound. The Bitcoin long orders arranged before the market opened entered the market near 117879 and left the market near 118678, gaining 800 points of space. The Ethereum long orders arranged in the evening entered the market near 3743 and left the market near 3821, gaining 78 points of space.
According to the current market, the four-hour level shows that after a long period of shock consolidation, the bulls began to exert their strength, and the price also broke through the middle track of the Bollinger Band. Since then, the overall trend has also broken the shock range. Although the current market has adjusted, the MACD indicator fast and slow lines are gradually sticking together and are likely to form a golden cross. The overall market sentiment is obviously strong. From the one-hour level, the market has a five-day positive trend and broke through the upper track of the Bollinger Band before falling under pressure. The three lines of the KDJ and RSI indicators have turned downward, but the MACD indicator double lines continue to extend upward, and no obvious change signal is given. The current decline is just a normal correction method. Therefore, in the midnight operation, we can first look at the strength of the callback and then proceed with the idea of low and long.
Bitcoin suggestion: Buy around 117500-118000, target 119500-120000, then continue to rise
Ether suggestion: Buy around 3750, target 3850-3900, then continue to rise
