Midday Bitcoin and Ethereum Operation Suggestions and Direction Sharing
The trough is not the end, but an accelerator for growth. When you feel like you can't hold on any longer, try telling yourself: 'Just hold on a little longer, the next turn may bring a new dawn.' Bitcoin fell from the vicinity of 112932 in the early morning to a low point of 111944, halting its decline. After that, it gradually stretched to the current vicinity of 113000, which aligns with the ideas we provided at midnight and in the early morning. Our rhythm remains unchanged, so we pivot here.
From the perspective of the previous market, the market is in a period of converging fluctuations. The middle track of the Bollinger Bands serves as a key short-term support, while the lower track is a deeper defensive position, and the upper track constitutes short-term pressure. Currently, the market is fluctuating within a narrow range above the middle track of the Bollinger Bands. Since it is operating above the established support level, it indicates a slightly stronger short-term bullish trend. Therefore, here we suggest continuing the morning's idea to layout with lower bullish positions.
Buy Bitcoin near 113200 to 112700, with a focus on 114000.
Buy Ethereum near 4280 to 4250, with a focus on 4380.
