Sunday Afternoon Jingyi's Trading Strategy

The Bitcoin trend is weaker than Ethereum, currently in a consolidation phase, with no signs of weakening, and it has stabilized after a decline. The daily line shows a small-bodied inverted hammer candlestick, with resistance above and support below, so keep an eye on the breakout situation of the 30-day moving average.

The four-hour line has seen three consecutive bearish candles pulling back, which has released bearish sentiment; the hourly line shows that the bearish strength has exhausted, with bullish volume recovering lost ground, indicating a clear upward trend. Jingyi remains bullish.

Trading Suggestions

BTC Enter long positions between 117200-117900, targeting 118500.

For reference only, please base trading decisions on actual market conditions $BTC $ETH #美联储比特币储备