$ETH
Precise profit-taking, those who are following and want to be stable can withdraw for now. Wait for the next wave.
阿文说币
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Bullish
8.14 Bitcoin Ethereum Morning Market Analysis and Trading Suggestions
Morning Analysis: Bitcoin's strong rally this morning broke the previous high of 123300, and the Federal Reserve's interest rate cut is approaching. The market is not far from the start of a bear market; the bulls still have one last push to the peak. The weekly MACD divergence indicates the onset of a bear market. Can Bitcoin reach 130000 in the final stage?
Ethereum's pullback last night was indeed a trap for shorts. This trend would make even Ultraman raise the red flag. Currently, Ethereum has reached a high of 4780, just 100 points away from the previous bull market high of 4870. Clearly, it is aiming for a record-breaking performance. It wouldn't be surprising if it quickly stands above 4800, but where the peak will be is anyone's guess. Many friends say that this trend is uninteresting and they don't want to play anymore. Obviously, a bull market harvests the weak, while a bear market nurtures the weak.
Trading Suggestions: Buy on Bitcoin pullbacks around 122200-121900, with a stop loss at 121200, targeting around 123300-123600. If it breaks, look for 124000-124500; if it doesn't break, go short.
Ethereum Trading Suggestions: Buy on pullbacks around 4720-4730, with a stop loss of 50 points, targeting around 4780-4800. If it breaks, look for 4840-4860; if it doesn't break, go short.
Morning Analysis: Bitcoin's strong rally this morning broke the previous high of 123300, and the Federal Reserve's interest rate cut is approaching. The market is not far from the start of a bear market; the bulls still have one last push to the peak. The weekly MACD divergence indicates the onset of a bear market. Can Bitcoin reach 130000 in the final stage?
Ethereum's pullback last night was indeed a trap for shorts. This trend would make even Ultraman raise the red flag. Currently, Ethereum has reached a high of 4780, just 100 points away from the previous bull market high of 4870. Clearly, it is aiming for a record-breaking performance. It wouldn't be surprising if it quickly stands above 4800, but where the peak will be is anyone's guess. Many friends say that this trend is uninteresting and they don't want to play anymore. Obviously, a bull market harvests the weak, while a bear market nurtures the weak.
Trading Suggestions: Buy on Bitcoin pullbacks around 122200-121900, with a stop loss at 121200, targeting around 123300-123600. If it breaks, look for 124000-124500; if it doesn't break, go short.
Ethereum Trading Suggestions: Buy on pullbacks around 4720-4730, with a stop loss of 50 points, targeting around 4780-4800. If it breaks, look for 4840-4860; if it doesn't break, go short.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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