Morning Bitcoin and Ethereum Trading Recommendations and Direction Sharing
In the early morning, taking advantage of Powell's speech, a short-term wave of profit-taking at highs yielded substantial returns. When your mind begins to be active, the whole world will make way for you, because in this limitless realm of cryptocurrency, only those who dare to break conventions can truly embrace their own stars and seas.
From the current market perspective, the price quickly dipped to around 113195 this morning before stabilizing and rapidly rebounding to the current area around 114231. At this point, the previous resistance level has converted into the current support level, and the price is maintaining stability here. From the one-hour perspective, the Bollinger Bands are expanding, indicating an increase in short-term trading volume and a heightened level of market activity. Currently, there is a trend of consecutive gains pushing upwards, suggesting a strong short-term bullish momentum. Therefore, it is recommended to maintain a primarily bullish strategy during midnight trading.
For Bitcoin, consider buying around 114200 to 113700, with a focus on 115500.
For Ethereum, consider buying around 4330 to 4310, with a focus on 4420.
