$BTC In the cryptocurrency world, are there really that many conspiracies? It's just you competing with yourself—wanting the thrill of exorbitant profits while also seeking the stability of preserving capital, wanting to hit the mark precisely while fearing to miss the rhythm. On Wednesday, Bitcoin's market retreated from the high point of 120265 in the early morning to a low of 118829 before stopping, and then it entered a rebound recovery phase again. Ethereum, on the other hand, continued its upward trend, with the price rising from a low of 4563 in the morning to a high of 4683 around noon before stopping. In the afternoon, the layout of Bitcoin perfectly captured a 1000-point space!
The four-hour level shows that after a round of decline, the price rebounded and continued to approach the upper band of the Bollinger Bands, with short-term bullish momentum still strong. However, the KDJ indicator formed a death cross pattern, and the MACD histogram continued to shrink above the 0 axis, indicating a weakening of upward momentum. Overall, it is likely that the overall trend will experience a rise followed by a fall. Currently, Ethereum's various cycle trends are showing a bullish divergence pattern, and the short-term momentum is strong. Based on this, the operational thinking is clear: primarily focus on buying low during pullbacks, with a key focus on critical support levels. Set stop-losses strictly, and aim for the high-pressure area, seizing opportunities in line with the direction of fund flow and trends.
Bitcoin can be bought around 119000, targeting 121000. Ethereum can be bought around 4580, targeting 4700.
The four-hour level shows that after a round of decline, the price rebounded and continued to approach the upper band of the Bollinger Bands, with short-term bullish momentum still strong. However, the KDJ indicator formed a death cross pattern, and the MACD histogram continued to shrink above the 0 axis, indicating a weakening of upward momentum. Overall, it is likely that the overall trend will experience a rise followed by a fall. Currently, Ethereum's various cycle trends are showing a bullish divergence pattern, and the short-term momentum is strong. Based on this, the operational thinking is clear: primarily focus on buying low during pullbacks, with a key focus on critical support levels. Set stop-losses strictly, and aim for the high-pressure area, seizing opportunities in line with the direction of fund flow and trends.
Bitcoin can be bought around 119000, targeting 121000. Ethereum can be bought around 4580, targeting 4700.
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BTC
118,279.99
+0.81%