The weekend market is fluctuating between long and short positions, undergoing repair and adjustment, with market momentum gathering strength. Overall opportunities are limited for both Bitcoin and Ethereum. At this time, trades should be quick in and out, like guerrilla tactics; do not chase highs or be greedy, but it is also an opportunity for long-term and swing positioning, as laying the groundwork before dawn makes it easier to profit.
On the four-hour level, the market is at the upper Bollinger Band, showing a small V-shaped rebound, which is a normal correction. MACD is above the zero line, with solid bullish candles dominating. The fast and slow lines are about to golden cross, indicating a potential explosion after the adjustment, with momentum expected to break through. Hourly signals are clearer, with the fast and slow lines having crossed, and momentum about to explode. The rebound trend is clear, and it is advisable to look bullish. For Bitcoin, watch for a breakthrough at 115500, and for Ethereum, look at 4800.
Sunday morning trading suggestions:
Bitcoin range 115000-114400, target 115800-117000
Ethereum range 4760-4720, target 4870-4950
On the four-hour level, the market is at the upper Bollinger Band, showing a small V-shaped rebound, which is a normal correction. MACD is above the zero line, with solid bullish candles dominating. The fast and slow lines are about to golden cross, indicating a potential explosion after the adjustment, with momentum expected to break through. Hourly signals are clearer, with the fast and slow lines having crossed, and momentum about to explode. The rebound trend is clear, and it is advisable to look bullish. For Bitcoin, watch for a breakthrough at 115500, and for Ethereum, look at 4800.
Sunday morning trading suggestions:
Bitcoin range 115000-114400, target 115800-117000
Ethereum range 4760-4720, target 4870-4950
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ETH
4,730.99
-0.96%