Trading Philosophy: Look for trends in the long-term, find entry points in the short-term;
Technical Analysis: For Bitcoin, the daily candlestick closed bullish near 114200, the Bollinger Bands have started to run flat, the MACD moving average continues to trend downwards, bearish volume continues to increase, and the KDJ continues to trend downwards. On the 4-hour chart, the Bollinger Bands are starting to compress downwards, the MACD moving average is beginning to flatten and trend upwards, bullish volume is starting to increase, and the KDJ line is beginning to trend upwards;
For Ethereum, the daily candlestick closed bullish near 4330, the Bollinger Bands continue to compress, the MACD moving average continues to trend downwards, bearish volume continues to increase, and the KDJ line continues to trend downwards. On the 4-hour chart, the Bollinger Bands are starting to compress upwards, the MACD moving average is beginning to flatten and trend upwards, bullish volume is starting to increase, and the KDJ line is beginning to trend upwards;
Currently, the market is oversold with Bitcoin at 112000, and Ethereum rebounded after hitting around 4000. The long position in Ethereum set yesterday was slightly aggressive with a stop loss, while Bitcoin successfully took profit. It is advisable to buy low in the future!
Trading Suggestion: Buy low!
Buy Bitcoin at 112500-113000, target 114500-115500, stop loss at 111500;
Buy Ethereum at 4220-4260, target 4350-4400, stop loss at 4180;
The strategy is time-sensitive, please refer to private real-time guidance for specifics!
