Midday Bitcoin and Ethereum Trading Recommendations and Direction Sharing
There is no such thing as innate luck, nor is there eternal loss; it’s just that when the night rain soaks our clothes, someone quietly hands over an umbrella; there is no such thing as a constant victor, but just the moment an old porcelain bowl falls and shatters, new moonlight seeps through the cracks. This morning we laid out a bullish strategy, once again seizing the 314 space point. Looking back at the morning, after the big coin reached the high point of 120261, it faced pressure and began to decline with consecutive bearish candles, dipping down to around the low point of 119028. Currently, it is oscillating in the support zone, fluctuating around 119400.
From the current market situation, the flight path has returned to the position before last night's CPI release. From a larger perspective, the price action shows a one-down, one-up structure, indicating a step-by-step retracement. The bearish candle intersects with the midline below, but after dipping to the support point of 119000 without breaking it, there was an immediate rebound, indicating that the support level below is strong. The Bollinger Bands are also converging, suggesting that the short-term volatility will not be too large. Old Zhao recommends that here, short-term operations should still primarily focus on being bullish.
You can go long near 119200 for Bitcoin, with a focus on 120500.
You can go long near 4610 for Ethereum, with a focus on 4680#比特币 #以太坊 #比特币超话 .