$ETH $BTC The fluctuations in the cryptocurrency market are like the ups and downs of life; there are no everlasting lows and no continuous highs. Don't be intimidated by short-term volatility; maintaining a steady mindset will allow you to see the light of wealth that belongs to you when the clouds clear.
Looking back at the day, the currency price hit a low of 112700 in the early morning, after which the bulls began to gain strength, reaching a peak of 114000 before entering a range of fluctuations. In the evening, the bulls gained strength again, with the price rising to a high of 115500. Currently, the price is stabilizing around 115100. The Ethereum movement is synchronized with Bitcoin; the price dropped to a low of 3544 before rising to a high of 3673, currently stabilizing around 3650. Throughout the day, teacher Daba guided students in real trading to position in Bitcoin with three long trades, achieving a space of 3200 points, while Ethereum also secured 150 points with three long trades.
From the current market situation, the price is between the middle and upper bands, and is close to the upper band, which indicates that the bullish force is dominant to a certain extent, and the market is in a relatively strong state. At the same time, the Bollinger Bands are showing a slight expansion, indicating that market volatility is increasing, which may lead to further price fluctuations. The MACD histogram is above the zero line and the value is positive, indicating that bullish strength is increasing, and there is a certain upward momentum in the market in the short term. From the one-hour perspective, the DIF line is above the DEA line, and although the distance between them has decreased compared to before, it still maintains a significant gap, indicating that the bullish trend in the market is still continuing in the short term, although the growth rate of bullish momentum has slowed down. Our midnight strategy can focus on short positions.
Bitcoin: Short near 115500, target at 113500
Ethereum: Short near 3660, target at 3580