Afternoon Bitcoin and Ethereum Trading Recommendations and Direction Sharing
Do not regret missing a certain scenery. Market fluctuations are like the changing of the seasons; if you miss the blooming flowers of spring, there will still be the chirping of cicadas in summer, the harvest of autumn, and the warm sun of winter. This morning we suggested that Bitcoin would experience a slight rebound before continuing its downward trend. We also entered the market at an opportune moment, harvesting a small profit. All ideas were given in advance, as shown in the chart below. While you are still hesitating whether to give it a try, others have already gained.
From the current market perspective, Bitcoin shows an overall downward convergence in the Bollinger Bands on a smaller timeframe, indicating a bearish short-term trend. Four consecutive bearish candles have broken down, and short-term bearish strength is dominant. With Bitcoin's decline, Ethereum also finds it hard to stand alone this time, showing a significant downtrend with consecutive bearish candles. The short-term bearish trend is evident. Here, the afternoon strategy suggests continuing the morning's approach with a focus on Bitcoin.
Bitcoin around 111800 to 112300, focus on 111000.
Ethereum around 4640 to 4660, focus on 4550, #比特币 #以太坊 #比特币行情 .