Evening Bitcoin and Ethereum Trading Recommendations and Direction Sharing
The sun rises in the east and sets in the west; when the sun sets, it means the day's trading is over. Reviewing the market's development, Bitcoin surged strongly to 117457 within an hour in the early morning before starting to retreat to around 116660 in the morning, currently running around 116800. The market is showing a sideways pattern, with the momentum balanced. The Bollinger Bands are narrowing and developing horizontally, indicating a small short-term volatility range. Currently, there are three consecutive upward movements, but with a clear lower shadow, indicating insufficient upward momentum in the short term; however, there is still some strength for an upward trend. Therefore, the short-term trading suggestion remains to buy on dips.
Buy near 116500 for Bitcoin, focus on 117500.
