Evening Bitcoin Ethereum Market Analysis and Suggestions
In the cryptocurrency world, understanding is the key to wealth. Each deeper understanding of blockchain technology and each more accurate grasp of market trends could be the key to your wealth growth. Do not be afraid of making mistakes; each failure is a valuable experience for growth. Summarizing lessons from failure and improving your understanding level is essential to going further in this unpredictable field.
Regarding technical indicators, the moving average system shows signs of a top divergence, indicating a significant need for adjustment. Given the large fluctuation base of Bitcoin, its potential adjustment space is also quite considerable. The 4-hour chart of Bitcoin is once again under pressure, retracting to the lower Bollinger Band; the resilience of this key support level is still being tested by the market. Yesterday's rebound aimed for the 120000 mark but collapsed under heavy pressure and closed at a low, clearly indicating that the short-term bulls are unable to recover the previously lost high points.
The operation suggestions are as follows:
→ Buy Bitcoin around 117600-117200, target around 119000
→ Buy Ethereum around 3740-3720, target 3850
Continue to pay attention to: SUI TURMP BONK PEPE OM SOL PNUT NEIRO
