Old Hu 8.6 Afternoon Thought Analysis and Trading Suggestions
Current Market: The 4-hour level shows range-bound fluctuations, with prices below the middle track. The short-term trend is slightly downward, with strong resistance at the middle track. A breakout above 114000 would be a short-term bullish signal. The 1-hour level indicates a tug-of-war between bulls and bears, with MACD showing a weakening of bearish momentum and potential rebound energy, but no dominant bullish trend has formed yet. The subsequent idea is to go for high shorts.
Trading Suggestions:
Bitcoin is fluctuating around 113700-114200, targeting 113000-112500;
Ether is fluctuating around 3600-3620, targeting 3510-3480 #币安 #币圈