The road to success for $ETH may be lonely, but once you arrive, all the effort will be worth it. Don't choose comfort at an age when you should be striving; bravely embrace challenges. Every breakthrough is a transcendence of the self. Today marks the last day of this week, and the market situation this weekend is relatively large. Yesterday afternoon, the price of Bitcoin broke through 117,000 and reached above that. We also mentioned not to go long at high levels. As we expected, after the price of Bitcoin touched the 117,900 line yesterday, it showed pressure at high levels and subsequently experienced a pullback and consolidation. In the early hours, the price of Bitcoin retraced to a low of 116,350. This also validated our short position. This morning, Bitcoin showed a strong bullish trend. We promptly advised our live trading students to be bullish and go long. Currently, the price of Bitcoin has broken through 118,000 and is operating above it, while Ethereum faced pressure and retracement after breaking through the 4,300 line this morning, still operating at a high level.
Looking at the daily chart, the current price trend shows a bullish engulfing pattern, also recovering some of the previous rapid decline. The current price is slowly approaching the upper band, and the daily level is still in a bottoming rebound rhythm. On the four-hour chart, a strong bullish candlestick quickly lifted the price, which is currently above the upper band. The Bollinger Bands are widening further, opening up the upward channel. The MACD energy histogram continues to strengthen, and the current price still has some upward momentum. The upward trend remains unchanged, so operations can focus on short-term trades.
Go long on Bitcoin near 117,500-118,000, with attention around 120,000. Go long on Ethereum near 4,200, with attention around 4,350. Focus on short-term operations #ETH走势分析 #比特币流动性危机 #下一任美联储主席人选